IPO Year: 2004
Exchange: NASDAQ
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 |
4 - MidCap Financial Investment Corp (0001278752) (Issuer)
4 - MidCap Financial Investment Corp (0001278752) (Issuer)
4/A - MidCap Financial Investment Corp (0001278752) (Issuer)
4/A - MidCap Financial Investment Corp (0001278752) (Issuer)
4/A - MidCap Financial Investment Corp (0001278752) (Issuer)
4/A - MidCap Financial Investment Corp (0001278752) (Issuer)
4 - MidCap Financial Investment Corp (0001278752) (Issuer)
4 - MidCap Financial Investment Corp (0001278752) (Issuer)
4 - MidCap Financial Investment Corp (0001278752) (Issuer)
3 - MidCap Financial Investment Corp (0001278752) (Issuer)
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
Compass Point upgraded MidCap Financial Investment Corporation from Neutral to Buy and set a new price target of $14.75
4/A - MidCap Financial Investment Corp (0001278752) (Issuer)
4 - MidCap Financial Investment Corp (0001278752) (Issuer)
8-K - MidCap Financial Investment Corp (0001278752) (Filer)
10-Q - MidCap Financial Investment Corp (0001278752) (Filer)
8-K - MidCap Financial Investment Corp (0001278752) (Filer)
8-K - MidCap Financial Investment Corp (0001278752) (Filer)
8-K - MidCap Financial Investment Corp (0001278752) (Filer)
8-K - MidCap Financial Investment Corp (0001278752) (Filer)
8-K - MidCap Financial Investment Corp (0001278752) (Filer)
8-K - MidCap Financial Investment Corp (0001278752) (Filer)
8-K - MidCap Financial Investment Corp (0001278752) (Filer)
DEFA14A - MidCap Financial Investment Corp (0001278752) (Filer)
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 & Woods analyst Paul Johnson maintains MidCap Financial (NASDAQ:MFIC) with a Market Perform and raises the price target from $14 to $15.
Friday marks the last chance for investors to receive the next dividend payout from MidCap Financial (NASDAQ:MFIC). What's Happening The company announced on Monday that it would pay shareholders a quarterly dividend of 38 cents per share. On Monday, MidCap Financial will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 38 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own MFIC as of the end of Friday's session are eligible to receive the 38 cents dividend p
Citigroup analyst Arren Cyganovich maintains MidCap Financial (NASDAQ:MFIC) with a Neutral and raises the price target from $13 to $14.
Across the recent three months, 4 analysts have shared their insights on MidCap Financial (NASDAQ:MFIC), expressing a variety of opinions spanning from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 2 0 0 Last 30D 1 0 2 0 0 1M Ago 0 1 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $15.0, along with a high estimate of $16.00 and a low estimate of $14
RBC Capital analyst Kenneth Lee maintains MidCap Financial (NASDAQ:MFIC) with a Sector Perform and raises the price target from $14 to $15.
Truist Securities analyst Mark Hughes maintains MidCap Financial (NASDAQ:MFIC) with a Buy and raises the price target from $15 to $16.
JP Morgan analyst Melissa Wedel maintains MidCap Financial (NASDAQ:MFIC) with a Neutral and raises the price target from $14 to $14.5.
Results for the Quarter Ended September 30, 2024 and Other Recent Highlights: Net investment income per share for the quarter was $0.44, compared to $0.45 for the quarter ended June 30, 2024 Net asset value per share as of the end of the quarter was $15.10, a decrease of 0.5% compared to June 30, 2024, excluding the impact of the $0.20 per share special distribution paid to stockholders in connection with the Mergers(1)New investment commitments made during the quarter totaled $371 million(1)(2)(3)Gross fundings for the quarter, excluding revolver fundings(3)(4), totaled $288 millionNet fundings, including revolvers(3)(4), totaled $222 million for the quarterClosed the Mergers with Apollo S
NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ:MFIC) (the "Company") announced today that it will report results for the quarter ended September 30, 2024, prior to the opening of the Nasdaq Global Select Market on Thursday, November 7, 2024. The Company will also host a conference call on Thursday, November 7, 2024, at 8:30 a.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (800) 343-4136 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9843. Participants should reference either MidCap Financial Investment Corporation Earnings or Conference ID: MFIC1107
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
Results for the Quarter Ended March 31, 2024 and Other Recent Highlights: Net investment income per share for the quarter was $0.44, compared to $0.46 for the quarter ended December 31, 2023 Net asset value per share as of the end of the quarter was $15.42, compared to $15.41 as of December 31, 2023 New investment commitments made during the quarter totaled $149 million(1) Gross fundings, excluding revolver fundings(2), totaled $129 million for the quarter Net fundings, including revolvers(2), totaled $16 million for the quarter
NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ:MFIC) (the "Company") announced today that it will report results for the quarter ended March 31, 2024, after market close on Tuesday, May 7, 2024. The Company will host a conference call on Wednesday, May 8, 2024, at 8:30 a.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (800) 274-8461 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9848. Participants should reference either MidCap Financial Investment Corporation Earnings or Conference ID: MFIC0508 when prompted. A simultaneous webcast of the conferenc
Results for the Quarter and Fiscal Year Ended December 31, 2023 and Other Recent Highlights: Net investment income per share for the quarter was $0.46, compared to $0.43 for the quarter ended September 30, 2023 Net asset value per share as of the end of the quarter was $15.41, compared to $15.28 as of September 30, 2023, an increase of 0.9% due to net investment income in excess of the dividend and a net gain on the portfolioNew investment commitments made during the quarter totaled $175 million(1)Gross fundings, excluding revolver fundings(2), totaled $114 million for the quarterNet repayments, including revolvers(2), totaled $47 million for the quarterNet leverage(3) was 1.34x as
NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ:MFIC) (the "Company") announced today that it will report results for the quarter and fiscal year ended December 31, 2023, after market close on Monday, February 26, 2024. The Company will host a conference call on Tuesday, February 27, 2024, at 8:30 a.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (800) 274-8461 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9848. Participants should reference either MidCap Financial Investment Corporation Earnings or Conference ID: MFIC0227 when prompted. A simultaneo
Results for the Quarter Ended September 30, 2023 and Other Recent Highlights: Net investment income per share for the quarter was $0.43, compared to $0.44 for the quarter ended June 30, 2023 Net asset value per share as of the end of the quarter was $15.28, compared to $15.20 as of June 30, 2023, an increase of $0.08 per share primarily due to net investment income in excess of the dividendNew investment commitments made during the quarter totaled $20 million(1)Gross fundings excluding revolver fundings, totaled $16 million and net repayments including revolvers, totaled $43 million for the quarterNet leverage(2) was 1.40x as of September 30, 2023Declared a dividend of $0.38 per share for t
Results for the Quarter Ended September 30, 2024 and Other Recent Highlights: Net investment income per share for the quarter was $0.44, compared to $0.45 for the quarter ended June 30, 2024 Net asset value per share as of the end of the quarter was $15.10, a decrease of 0.5% compared to June 30, 2024, excluding the impact of the $0.20 per share special distribution paid to stockholders in connection with the Mergers(1)New investment commitments made during the quarter totaled $371 million(1)(2)(3)Gross fundings for the quarter, excluding revolver fundings(3)(4), totaled $288 millionNet fundings, including revolvers(3)(4), totaled $222 million for the quarterClosed the Mergers with Apollo S
NEW YORK, Oct. 18, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ:MFIC) (the "Company") announced today that it has amended and extended its senior secured, multi-currency, revolving credit facility (the "Facility"). Lender commitments under the Facility total $1.660 billion, excluding non-extending lender commitments, an increase of $110 million. Lender commitments under the Facility total $1.815 billion, including $155 million of commitments from non-extending lenders which are set to terminate on December 22, 2024. The final maturity date under the Facility for extending lenders was extended from April 19, 2028, to October 17, 2029. The remaining material busin
NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ:MFIC) (the "Company") announced today that it will report results for the quarter ended September 30, 2024, prior to the opening of the Nasdaq Global Select Market on Thursday, November 7, 2024. The Company will also host a conference call on Thursday, November 7, 2024, at 8:30 a.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (800) 343-4136 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9843. Participants should reference either MidCap Financial Investment Corporation Earnings or Conference ID: MFIC1107
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.
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
NEW YORK, June 21, 2024 (GLOBE NEWSWIRE) -- 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 both CEFs received stockholder approval of the necessary proposals related to their previously announced mergers with and into MidCap Financial Investment Corporation (NASDAQ:MFIC) at the AFT and AIF special meetings of stockholders reconvened on June 21, 2024. Approximately 88% of AFT's common shares represented at its special meeting (excluding votes abstained or withheld), or approximately 53% of AFT's common shares outstanding, voted in favor of the proposal, satisfying AFT's stockholder app
Stockholders of AFT and AIF Who Have Voted Thus Far Have Strongly Supported the Merger Proposals Both Leading Independent Proxy Advisors, Institutional Shareholder Services ("ISS") and Glass Lewis & CO ("Glass Lewis"), Recommend AFT and AIF Stockholders Vote "FOR" the Merger Proposals NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ:MFIC) today announced that it has received stockholder approval of the proposal related to the previously announced proposed mergers with Apollo Senior Floating Rate Fund Inc. (NYSE:AFT) and Apollo Tactical Income Fund Inc. (NYSE:AIF). AFT announced today the adjournment of its Special Meeting of Stockholders (the "
Results for the Quarter Ended March 31, 2024 and Other Recent Highlights: Net investment income per share for the quarter was $0.44, compared to $0.46 for the quarter ended December 31, 2023 Net asset value per share as of the end of the quarter was $15.42, compared to $15.41 as of December 31, 2023 New investment commitments made during the quarter totaled $149 million(1) Gross fundings, excluding revolver fundings(2), totaled $129 million for the quarter Net fundings, including revolvers(2), totaled $16 million for the quarter