MidCap Financial Investment Corporation
MidCap Financial Investment Corporation
Your view on MFIC
Overview
What the company does, where it operates, and who runs it.
About MidCap Financial Investment Corporation
- Industry
- Asset Management
- Sector
- Financial Services
- CEO
- Tanner Powell
- Headquarters
- Elizabeth Besen, New York City, NY, US
- Industry
- Asset Management
- Sector
- Financial Services
- CEO
- Tanner Powell
- Headquarters
- Elizabeth Besen, New York City, NY, US
Apollo Investment Corporation is business development company and a closed-end, externally managed, non-diversified management investment company.
It is elected to be treated as a business development company (BDC) under the Investment Company Act of 1940 (the 1940 Act) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies.
It provides direct equity capital, mezzanine, first lien secured loans, stretch senior loans, unitranche loans, second lien secured loans and senior secured loans, unsecured debt, and subordinated debt and loans. It also seeks to invest in PIPES transactions.
The fund may also invest in securities of public companies that are thinly traded and may acquire investments in the secondary market and structured products. It prefers to invest in preferred equity, common equity / interests and warrants and makes equity co-investments.
It may invest in cash equivalents, U.S. government securities, high-quality debt investments that mature in one year or less, high-yield bonds, distressed debt, non-U.S. investments, or securities of public companies that are not thinly traded.
It also focuses on other investments such as collateralized loan obligations (CLOs) and credit-linked notes (CLNs).
The fund typically invests in construction and building materials, business services, plastics & rubber, advertising, capital equipment, education, cable television, chemicals, consumer products/goods durable and non-durable and customer services, direct marketing, energy oil & gas, electricity and utilities.
The fund also invest in aerospace & defense, wholesale, telecommunications, financial services, hotel, gaming, leisure, restaurants; environmental industries, healthcare and pharmaceuticals, high tech industries, beverages, food and tobacco, manufacturing, media diversified & production, printing and publishing, retail, automation, aviation and consumer transport, transportation, cargo and distribution.
It primarily invests in United States. It primarily invests between $20 million and $250 million in its portfolio companies. The fund seeks to make investments with stated maturities of five to 10 years.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for MidCap Financial Investment Corporation, and the rating behind it. MFIC last traded at $9.04; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for MidCap Financial Investment Corporation. Starting points for MidCap Financial Investment Corporation: EPS -$0.36, beta 0.67 — an Asset Management name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for MidCap Financial Investment Corporation. MidCap Financial Investment Corporation paid $1.38 per share over the last year — a 15.3% yield at the current $9.04 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for MidCap Financial Investment Corporation. Trailing twelve-month EPS for MidCap Financial Investment Corporation stands at -$0.36. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for MidCap Financial Investment Corporation. MidCap Financial Investment Corporation has reported as a listed company since 2004. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
MidCap Financial Investment Corporation valued side by side against its closest peers. MidCap Financial Investment Corporation is measured against Asset Management peers within the Financial Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold MidCap Financial Investment Corporation, and how their positions are changing. At a $744.6M market value, institutional positions materially move MidCap Financial Investment Corporation's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by MidCap Financial Investment Corporation executives and directors. Shares of MidCap Financial Investment Corporation have traded between $10.18 and $14.74 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming MidCap Financial Investment Corporation. MidCap Financial Investment Corporation is a $744.6M Financial Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming MidCap Financial Investment Corporation. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for MidCap Financial Investment Corporation. Coverage tracks MidCap Financial Investment Corporation within Asset Management (Financial Services). Press releases and market coverage, newest first.