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MidCap Financial Investment (NASDAQ:MFIC – Get Rating) will be releasing its earnings data after the market closes on Tuesday, May 2nd. Analysts expect MidCap Financial Investment to post earnings of $0.43 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

MidCap Financial Investment stock opened at $11.31 on Tuesday. MidCap Financial Investment has a 12-month low of $10.01 and a 12-month high of $13.69. The stock has a market cap of $740.24 million, a P/E ratio of 26.30 and a beta of 1.58. The company has a 50-day moving average price of $11.63 and a 200 day moving average price of $11.73. The company has a current ratio of 2.35, a quick ratio of 2.00 and a debt-to-equity ratio of 1.50.

MidCap Financial Investment Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 30th. Stockholders of record on Tuesday, March 14th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 13.44%. This is an increase from MidCap Financial Investment’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend was Monday, March 13th. MidCap Financial Investment’s payout ratio is 353.49%.

Insider Activity at MidCap Financial Investment

In related news, CEO Tanner Powell sold 8,277 shares of the stock in a transaction on Friday, March 10th. The shares were sold at an average price of $12.09, for a total value of $100,068.93. Following the transaction, the chief executive officer now directly owns 53,606 shares of the company’s stock, valued at approximately $648,096.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.92% of the company’s stock.

Wall Street Analysts Forecast Growth

MFIC has been the subject of several research analyst reports. TheStreet lowered MidCap Financial Investment from a “b-” rating to a “c” rating in a research report on Thursday, February 23rd. Royal Bank of Canada increased their price target on shares of MidCap Financial Investment from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 23rd.

About MidCap Financial Investment

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”).