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NASDAQ:MDWT

Midwest (MDWT) Stock Price, News & Analysis

Midwest logo

About Midwest Stock (NASDAQ:MDWT)

Key Stats

Today's Range
$26.99
$26.99
50-Day Range
$26.20
$26.99
52-Week Range
$12.32
$27.50
Volume
N/A
Average Volume
9,817 shs
Market Capitalization
$100.94 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Midwest Holding Inc., a financial services company, engages in life and annuity insurance business in the United States. The company offers multi-year guaranteed and fixed indexed annuity products through independent distributors comprising independent marketing organizations. It also provides asset management services to third-party insurers and reinsurers; and product development, distribution support, policy administration, and asset/liability management services. Midwest Holding Inc. was incorporated in 2003 and is based in Lincoln, Nebraska. As of December 21, 2023, Midwest Holding Inc. was taken private.

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MDWT Stock News Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Midwest Holding Inc MDWT
Midwest Holding Inc. Reports Third Quarter 2023 Results
See More Headlines

MDWT Stock Analysis - Frequently Asked Questions

Midwest (MDWT) raised $72 million in an IPO on Thursday, December 17th 2020. The company issued 1,000,000 shares at a price of $70.00-$74.00 per share. Piper Sandler acted as the underwriter for the IPO and JMP Securities was co-manager.

Based on aggregate information from My MarketBeat watchlists, some other companies that Midwest investors own include NVIDIA (NVDA), Broadcom (AVGO), Builders FirstSource (BLDR), Disc Medicine (IRON), e.l.f. Beauty (ELF), Novo Nordisk A/S (NVO) and EMCOR Group (EME).

Company Calendar

Today
12/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Insurance - Life
Sub-Industry
N/A
Current Symbol
NASDAQ:MDWT
Employees
91
Year Founded
N/A

Profitability

Net Income
$7.14 million
Pretax Margin
16.40%

Debt

Sales & Book Value

Annual Sales
$30.05 million
Cash Flow
$0.03 per share
Book Value
$22.94 per share

Miscellaneous

Free Float
3,120,000
Market Cap
$100.94 million
Optionable
Not Optionable
Beta
0.48
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This page (NASDAQ:MDWT) was last updated on 12/26/2024 by MarketBeat.com Staff
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