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How to Buy Midcap Financial Investment Stock

Midcap Financial Investment Corp

Apollo Investment Corporation is business development company and a closed-end, externally managed, non-diversified management investment company.

Midcap Financial Investment stock last closed at $15.34, down 0.71% from the previous day, and has increased 15.34% in one year. It has overperformed other stocks in the Asset Management industry by 0.08 percentage points. Midcap Financial Investment stock is currently +22.62% from its 52-week low of $12.51, and -6.26% from its 52-week high of $16.37.

There are currently 65.25M shares of MFIC outstanding. The market cap of MFIC is $1.00B. In the past 24 hours, 139,939 MFIC shares were traded.

How to Buy Midcap Financial Investment Stock

Not sure how to invest in Midcap Financial Investment stock? Here's how.
  1. Choose where to buy Midcap Financial Investment stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Midcap Financial Investment stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your payment method and add your info.
  4. Evaluate Midcap Financial Investment stock: The Midcap Financial Investment ticker symbol is MFIC. Is Midcap Financial Investment stock a good investment? Should you buy shares of MFIC? How do MFIC's underlying business fundamentals look? Do top analysts think Midcap Financial Investment is a good buy? Why has MFIC's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if MFIC is a good stock to buy).
  5. Place your MFIC trade: Decide if you will purchase MFIC shares at the current market price or use a limit order to buy MFIC stock at a specific price.
  6. Get the latest news on your investment in MFIC: Create a watchlist to monitor your new investment in Midcap Financial Investment shares.

Step 1: Choose where to buy Midcap Financial Investment stock

You need an online brokerage account to access the NASDAQ market and buy MFIC stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen your brokerage, it's time to fill out some personal details so you are able to buy MFIC stock today.

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Step 3: Put funds into your brokerage account

Now that you've created your account on app for stock market, your next step is to transfer the money for your investment:

Watch the tutorial below if you need help depositing funds into your brokerage account.

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Step 4: Evaluate Midcap Financial Investment stock

After you have chosen the best place to buy Midcap Financial Investment stock, it's critical to research their stock prior to investing, so you truly understand the risk and opportunity.

Overview of key MFIC info

MFIC Price
$15.34
1w %
-1.86%
1y %
15.34%
5y %
-6.12%
P/E
8.77x
P/B
1x
P/S
3.61x
PEG
N/A
Revenue
$277.07M
Earnings
$114.12M
Fore. Rev. Growth
-3.22%
Fore. Earn. Growth
-1.57%
Market Cap
$1.00B
Next Earnings
Aug 7, 2024
Next Dividend
N/A

MFIC Due Diligence Checks

WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis quickly.

You can see all of the due diligence checks on MFIC's stock page.

How is MFIC stock valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge MFIC's fair value.

Using relative valuations ratios:

  • MFIC may be undervalued based on its P/E ratio of 8.77x, relative to Asset Management industry P/E ratio of 29.63x
  • MFIC may be undervalued based on its P/B ratio of 1x, relative to Asset Management industry P/B ratio of 2.52x

You can access additional valuation research on MFIC's stock here.

MFIC Financial Health Summary

Passed Health Checks:

  • MFIC profit margin has gone up from 21.8% to 41.2% in the past year.

Failed Health Checks:

  • MFIC's operating cash flow of $159.88M allows it to safely service it's debt of $1.41B.
  • MFIC earnings of $219.73M is not enough to cover its interest payments.
  • Total MFIC debt is higher than 5 years ago, relative to shareholder equity.
  • MFIC has a relatively high debt to equity ratio of 1.43.

Is MFIC stock a Buy, Hold, or Sell, according to analysts?

Out of 7 Equities analysts who track MFIC, the consensus analyst rating on Midcap Financial Investment is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

Latest MFIC Analyst Recommendations

Melissa Wedel, a bottom 15% analyst from JP Morgan maintains MFIC with a hold rating and raises their MFIC price target from $14.00 to $14.50, on Feb 28, 2024.

Timothy O'Shea, a top 10% analyst from Wells Fargo maintains MFIC with a strong buy rating and raises their MFIC price target from $13.00 to $14.50, on Jan 29, 2024.

You can dive deeper into what analysts are forecasting on the Midcap Financial Investment stock forecast page.

Metrics for Advanced MFIC Traders

SMA10
15.53
SMA20
15.36
SMA50
15.49
SMA100
15.19
SMA200
14.36
MACD
0.03
MACD Signal
0.02
MACD Histogram
0.01
RSI
46.61
Stochastic %K
65.91
Stochastic %D
74.13
StochRSI %K
49.03
StochRSI %D
63.96

How are MFIC Revenues/Earnings doing?

Last year, MFIC earnings were $114.12M. Over the past five year, MFIC's earnings have gone up by 11.4% per year. This was slower than the Asset Management industry average of 21.21%.

Last year, MFIC revenue was $277.07M. Over the last 5 year, MFIC's revenue has gone up by 1.67% per year. This was slower than the Asset Management industry average of 22.25%.

You can research MFIC's earnings and revenue performance here.

Latest Insiders Trades at MFIC

In the last year, executives and large shareholders at MFIC have not bought or sold any shares.

Dig into more about who owns MFIC shares here.

Does MFIC stock generate passive income?

Midcap Financial Investment pays a dividend of 9.91%, compared to the Asset Management industry's average dividend yield of 6.9%. If you owned $1,000 of MFIC stock, you would have been paid $99.09 in the past 12 months.

Midcap Financial Investment dividend payments have not consistently grown over the past decade and have not remained stable.

Find more data about Midcap Financial Investment dividend yield and history here.

Get analysis from other investors

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Step 5: Place your MFIC trade

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price, place a limit order.

Press the Open Trade button and your broker will execute the order.

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Step 6: Get the latest news on your investment in MFIC

Now that you own some MFIC stock, you'll want to keep up with your new investment.

Create a watchlist to track the most important metrics related to your MFIC stock.

MFIC Feed

How to Buy Stock in Midcap Financial Investment

To reiterate, here are the 6 steps for buying Midcap Financial Investment stock:

  1. Choose where to buy Midcap Financial Investment stock
  2. Create a brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Midcap Financial Investment stock
  5. Place your MFIC trade
  6. Get the latest news on your investment in MFIC

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your new investment in Midcap Financial Investment, click below.

NASDAQ: MFIC
$15.34-0.11 (-0.71%)
Updated Jul 19, 2024
Open eToro Account
NASDAQ: MFIC
$15.34-0.11 (-0.71%)
Updated Jul 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Midcap Financial Investment share?

As of Jul 19, 2024, it costs $15.34 to buy one share of Midcap Financial Investment stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.456 shares of MFIC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Midcap Financial Investment stock?

According to 7 Wall Street analysts who monitor Midcap Financial Investment, their consensus recommendation is to buy Midcap Financial Investment stock.

What is the best way to buy Midcap Financial Investment stock?

One way to place an order for Midcap Financial Investment stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.