MidCap Financial Investment (NASDAQ:MFIC - Get Free Report) is expected to be announcing its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $86.28 million for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.
MidCap Financial Investment Price Performance
Shares of MFIC traded down $0.09 on Friday, reaching $14.60. The stock had a trading volume of 313,277 shares, compared to its average volume of 312,149. MidCap Financial Investment has a twelve month low of $12.26 and a twelve month high of $16.36. The firm has a market capitalization of $1.37 billion, a PE ratio of 9.36 and a beta of 1.48. The firm has a 50-day moving average of $13.75 and a 200 day moving average of $13.65. The company has a quick ratio of 8.51, a current ratio of 8.51 and a debt-to-equity ratio of 1.25.
Analysts Set New Price Targets
Several research firms have weighed in on MFIC. Royal Bank of Canada reissued a "sector perform" rating and issued a $14.00 target price on shares of MidCap Financial Investment in a report on Tuesday, November 19th. Wells Fargo & Company upped their target price on MidCap Financial Investment from $14.00 to $15.00 and gave the company an "overweight" rating in a report on Wednesday, January 29th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $14.86.
Read Our Latest Report on MFIC
About MidCap Financial Investment
(
Get Free Report)
MidCap Financial Investment Corporation (Former name Apollo Investment Corporation) is business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company (BDC) under the Investment Company Act of 1940 (the 1940 Act) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies.
See Also
Before you consider MidCap Financial Investment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MidCap Financial Investment wasn't on the list.
While MidCap Financial Investment currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
