Date | Price Target | Rating | Analyst |
---|---|---|---|
8/5/2024 | $15.00 | Mkt Perform → Outperform | Keefe Bruyette |
7/25/2024 | $16.00 | Neutral → Buy | Compass Point |
6/10/2024 | $15.50 → $16.00 | Buy → Neutral | Compass Point |
8/7/2023 | $14.75 | Neutral → Buy | Compass Point |
Results for the Quarter Ended June 30, 2024 and Other Recent Highlights: Net investment income per share for the quarter was $0.45, compared to $0.44 for the quarter ended March 31, 2024Net asset value per share as of the end of the quarter was $15.38, compared to $15.42 as of March 31, 2024New investment commitments made during the quarter totaled $285 million(1)Gross fundings, excluding revolver fundings(2), totaled $214 million for the quarterNet fundings, including revolvers(2), totaled $90 million for the quarterNet leverage(3) was 1.45x as of June 30, 2024On August 6, 2024, the Board of Directors (the "Board") declared a dividend of $0.38 per share payable on September 26, 2024 to s
NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ:MFIC) today announced that it has completed its previously announced mergers with Apollo Senior Floating Rate Fund Inc. (NYSE:AFT) and Apollo Tactical Income Fund Inc. (NYSE:AIF) (AFT and AIF, together, the "CEFs"). The combined company will operate as MidCap Financial Investment Corporation and will continue to trade on the Nasdaq Global Select Market under the ticker symbol "MFIC." In connection with the closing of the mergers, former AFT stockholders will receive 0.9547 shares of MFIC common stock for each share of AFT common stock they held prior to the closing based on the final exchange ratio
NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ:MFIC) (the "Company") announced today that it will report results for the quarter ended June 30, 2024, after the closing of the Nasdaq Global Select Market on Wednesday, August 7, 2024. The Company will host a conference call on Thursday, August 8, 2024, at 8:30 a.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (800) 343-5172 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9856. Participants should reference either MidCap Financial Investment Corporation Earnings or Conference ID: MFIC0808 when prompted.
Results for the Quarter Ended June 30, 2024 and Other Recent Highlights: Net investment income per share for the quarter was $0.45, compared to $0.44 for the quarter ended March 31, 2024Net asset value per share as of the end of the quarter was $15.38, compared to $15.42 as of March 31, 2024New investment commitments made during the quarter totaled $285 million(1)Gross fundings, excluding revolver fundings(2), totaled $214 million for the quarterNet fundings, including revolvers(2), totaled $90 million for the quarterNet leverage(3) was 1.45x as of June 30, 2024On August 6, 2024, the Board of Directors (the "Board") declared a dividend of $0.38 per share payable on September 26, 2024 to s
NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ:MFIC) (the "Company") announced today that it will report results for the quarter ended June 30, 2024, after the closing of the Nasdaq Global Select Market on Wednesday, August 7, 2024. The Company will host a conference call on Thursday, August 8, 2024, at 8:30 a.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (800) 343-5172 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9856. Participants should reference either MidCap Financial Investment Corporation Earnings or Conference ID: MFIC0808 when prompted.
NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ:MFIC), Apollo Senior Floating Rate Fund Inc. (NYSE:AFT), and Apollo Tactical Income Fund Inc. (NYSE:AIF) (AFT and AIF, together, the "CEFs") today announced that the previously announced mergers of the CEFs with and into MFIC are currently expected to close, subject to the satisfaction of customary closing conditions, prior to the opening of the Nasdaq Global Select Market on Monday, July 22, 2024. In addition, as previously announced, an affiliate of Apollo Global Management Inc. will make a special cash payment of $0.25 per share to each AFT and AIF stockholder in connection with (and subj
8-K - MidCap Financial Investment Corp (0001278752) (Filer)
8-K - MidCap Financial Investment Corp (0001278752) (Filer)
8-K - MidCap Financial Investment Corp (0001278752) (Filer)
4 - MidCap Financial Investment Corp (0001278752) (Issuer)
Compass Point analyst Casey Alexander downgrades MidCap Financial (NASDAQ:MFIC) from Buy to Neutral.
Wells Fargo analyst Finian O'Shea maintains MidCap Financial (NASDAQ:MFIC) with a Overweight and raises the price target from $15.5 to $16.
MidCap Financial (NASDAQ:MFIC) reported quarterly earnings of $0.44 per share which beat the analyst consensus estimate of $0.42 by 4.76 percent. This is a 2.22 percent decrease over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $68.331 million which missed the analyst consensus estimate of $74.996 million by 8.89 percent. This is a 0.82 percent increase over sales of $67.778 million the same period last year.
Keefe Bruyette upgraded MidCap Financial Investment Corporation from Mkt Perform to Outperform and set a new price target of $15.00
Compass Point upgraded MidCap Financial Investment Corporation from Neutral to Buy and set a new price target of $16.00
Compass Point downgraded MidCap Financial Investment Corporation from Buy to Neutral and set a new price target of $16.00 from $15.50 previously
4 - MidCap Financial Investment Corp (0001278752) (Issuer)
4 - MidCap Financial Investment Corp (0001278752) (Issuer)
4 - MidCap Financial Investment Corp (0001278752) (Issuer)