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 $15.31, up 2% from the previous day, and has increased 34.42% in one year. It has overperformed other stocks in the Asset Management industry by 0.42 percentage points. Midcap Financial Investment stock is currently +42.02% from its 52-week low of $10.78, and -0.36% from its 52-week high of $15.37.
There are currently 65.25M shares of MFIC outstanding. The market cap of MFIC is $999.03M. In the past 24 hours, 462,190 MFIC shares were traded.
How to Buy Midcap Financial Investment Stock
Not sure how to invest in Midcap Financial Investment stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your payment method and add your info.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
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Open eToro AccountStep 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.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
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.
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 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 8.41x, relative to Asset Management industry P/E ratio of 29.98x
- MFIC may be undervalued based on its P/B ratio of 0.99x, relative to Asset Management industry P/B ratio of 2.3x
- MFIC could be undervalued based on its PEG ratio of 0.68x
You can access more valuation analysis on MFIC's stock here.
A quick look at MFIC Financials
Passed Health Checks:
- MFIC profit margin has gone up from 11.8% to 42.9% in the past year.
Failed Health Checks:
- MFIC's operating cash flow of $196.38M allows it to safely service it's debt of $1.46B.
- Total MFIC debt is higher than 5 years ago, relative to shareholder equity.
- MFIC earnings of $222.96M is not enough to cover its interest payments.
- MFIC has a relatively high debt to equity ratio of 1.49.
Is Midcap Financial Investment stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 6 Wall Street analysts who give forecasts on MFIC, the consensus analyst rating on MFIC is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent MFIC Analyst Upgrades/Downgrades
Timothy O'Shea, a top 12% 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 dig deeper into what analysts are forecasting on the Midcap Financial Investment stock forecast page.
MFIC Technical Indicators
MFIC Growth Numbers
Last year, MFIC earnings were $118.76M. Over the last five year, MFIC's earnings have gone up by 17% per year. This was faster than the Asset Management industry average of 7.1%.
Last year, MFIC revenue was $276.52M. Over the past 5 year, MFIC's revenue has increased by 1.62% per year. This was slower than the Asset Management industry average of 20.46%.
Dive into MFIC's earnings and revenue performance here.
What are MFIC executives and large shareholders up to?
Over the last year, executives and large shareholders at MFIC have not bought or sold any shares.
Learn more about who owns MFIC stock here.
Can I rely on MFIC as an income stream?
Midcap Financial Investment pays a dividend of 9.93%, compared to the Asset Management industry's average dividend yield of 6.78%. If you owned $1,000 worth of MFIC stock, you would have been paid $99.28 in the past year.
Midcap Financial Investment dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about Midcap Financial Investment dividend yield and history here.
What do other investors have to say about MFIC?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your MFIC trade
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open Trade button and your broker will place your order.
If you want more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your investment in MFIC
Now that you own some MFIC shares, you'll want to stay up-to-date on your new investment.
Add MFIC to a watchlist to track your MFIC stock.
MFIC Feed
How to Buy Stock in Midcap Financial Investment
To reiterate, here are the 6 steps to buy stock in Midcap Financial Investment:
- Choose where to buy Midcap Financial Investment stock
- Create a brokerage account
- Put funds into your brokerage account
- Evaluate Midcap Financial Investment stock
- Place your MFIC trade
- Get the latest news on your investment in MFIC
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your new investment in Midcap Financial Investment, click the button below.
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