TUE., FEBRUARY 14, 2023MARKETBEAT
MidCap Financial Investment (NASDAQ:MFIC – Get Rating) will issue its quarterly earnings data after the market closes on Tuesday, February 21st. Analysts expect the company to announce earnings of $0.37 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
MidCap Financial Investment Price Performance
Shares of MFIC opened at $12.36 on Tuesday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.00 and a current ratio of 2.00. The company has a 50-day moving average price of $12.03. The firm has a market cap of $808.97 million, a P/E ratio of 16.93 and a beta of 1.60. MidCap Financial Investment has a one year low of $10.01 and a one year high of $13.73.
Wall Street Analyst Weigh In
Several equities analysts have commented on the stock. Wells Fargo & Company dropped their target price on shares of MidCap Financial Investment from $13.50 to $12.50 and set an “overweight” rating on the stock in a research report on Monday, October 24th. Citigroup dropped their price objective on shares of MidCap Financial Investment from $13.00 to $12.00 and set a “neutral” rating for the company in a report on Sunday, November 6th. Royal Bank of Canada lowered their price target on shares of MidCap Financial Investment from $13.00 to $12.00 and set a “sector perform” rating for the company in a research note on Friday, November 4th. Finally, TheStreet upgraded shares of MidCap Financial Investment from a “c” rating to a “b-” rating in a research report on Friday, November 18th.
MidCap Financial Investment Company Profile
Apollo Investment Corporation (NASDAQ: AINV) , a Maryland corporation organized on February 2, 2004, is a closed-end, externally managed, non-diversified management investment company that has elected to be treated as a business development company (”BDC”) under the Investment Company Act of 1940 (the ”1940 Act”).