MidCap Financial Investment Corp MFIC
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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MidCap Financial Investment Corporation Completes Mergers with Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc.
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MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter Ended June 30, 2024
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MidCap Financial Investment Corporation, Apollo Senior Floating Rate Fund Inc., and Apollo Tactical Income Fund Inc. Announce Expected Closing Date for Mergers
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Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Declare Pre-Merger Distributions
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Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Declare Pre-Merger Distributions
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Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Announce Stockholder Approval of Mergers with MidCap Financial Investment Corporation
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MidCap Financial Investment Corporation Announces Stockholder Approval of the Proposal Related to the Proposed Mergers with Apollo Senior Floating Rate Fund Inc. (“AFT”) and Apollo Tactical Income Fund Inc. (“AIF”), and AFT and AIF Announce Adjournment of Special Meetings of Stockholders to Allow for Additional Time for Stockholders to Vote “FOR” the Merger Proposals
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MidCap Financial Investment Corporation Reports Financial Results for the Quarter Ended March 31, 2024
Trading Information
- Previous Close Price
- $14.27
- Day Range
- $14.25–14.44
- 52-Week Range
- $12.51–16.37
- Bid/Ask
- $14.33 / $14.67
- Market Cap
- $1.35 Bil
- Volume/Avg
- 558,703 / 260,552
Key Statistics
- Price/Earnings (Normalized)
- 8.15
- Price/Sales
- 3.42
- Dividend Yield (Trailing)
- 10.54%
- Dividend Yield (Forward)
- 10.54%
- Total Yield
- 10.71%
Company Profile
MidCap Financial Investment Corp is an externally managed, publicly traded, closed-end, diversified management investment company. Its investment objective is to generate current income and, to a lesser extent, long-term capital appreciation. It predominantly invests in directly originated and privately negotiated first lien senior secured loans to privately held U.S. middle-market companies, and in other types of securities including, first lien unitranche, second lien senior secured, unsecured, subordinated, and mezzanine loans, and equities in both private and public middle market companies.
- Sector
- Financial Services
- Industry
- Asset Management
- Stock Style Box
- Small Value
- Total Number of Employees
- —
Comparables
Valuation
|
Metric
|
MFIC
|
FRMO
|
SLRC
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.15 | — | 8.94 |
Price/Book Value | 0.94 | 1.67 | 0.87 |
Price/Sales | 3.42 | — | 3.65 |
Price/Cash Flow | 6.07 | — | 12.11 |
Price/Earnings
MFIC
FRMO
SLRC
Financial Strength
|
Metric
|
MFIC
|
FRMO
|
SLRC
|
|---|---|---|---|
Quick Ratio | — | 138.37 | — |
Current Ratio | — | 138.75 | — |
Interest Coverage | — | — | — |
Quick Ratio
MFIC
FRMO
SLRC
Profitability
|
Metric
|
MFIC
|
FRMO
|
SLRC
|
|---|---|---|---|
Return on Assets (Normalized) | 4.60% | 3.07% | 3.85% |
Return on Equity (Normalized) | 11.43% | 3.58% | 9.88% |
Return on Invested Capital (Normalized) | — | 3.58% | — |
Return on Assets
MFIC
FRMO
SLRC
Asset Management Industry Comparables
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1-Day Chart
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