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 $12.05, up 1.43% from the previous day, and has decreased 2.98% in one year. It has overperformed other stocks in the Asset Management industry by 0.01 percentage points. Midcap Financial Investment stock is currently +20.38% from its 52-week low of $10.01, and -11.98% from its 52-week high of $13.69.
At the moment, there are 65.45M shares of MFIC outstanding. The market capitalization of MFIC is $788.69M. In the last 24 hours, 183,845 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 an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Midcap Financial Investment stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your payment method and add your details.
- 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 research website can help you understand 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 shares at a specific price.
- Get the latest news on your investment in MFIC: Create a watchlist to keep track of your new investment in Midcap Financial Investment stock.
Step 1: Choose where to buy Midcap Financial Investment stock
You will need a brokerage account in order to access the NASDAQ market and buy MFIC stock.
Our favorite brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
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- Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal information so you are able to invest in MFIC today.
How to Start a New Brokerage Account on eToro
- Click here to get started.
- Provide your personal info to start a new trading account.
- Submit your details by hitting the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you have filled out your info on app for stock, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help depositing money into your new investment account.
Step 4: Evaluate Midcap Financial Investment stock
Once you have selected the best place to buy Midcap Financial Investment stock, it's crucial to evaluate their stock before you invest, so you truly wrap your head around the risk and upside.
Midcap Financial Investment shares quick numbers
Midcap Financial Investment Zen Score
WallStreetZen was built to help everyday 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?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MFIC's intrinsic value.
Using relative valuations metrics:
- MFIC could be undervalued based on its P/E ratio of 7.22x, relative to Asset Management industry P/E ratio of 47.83x
- MFIC may be undervalued based on its P/B ratio of 0.79x, relative to Asset Management industry P/B ratio of 2x
You can do additional valuation analysis on MFIC's stock here.
How do MFIC Financials look?
Passed Health Checks:
- MFIC profit margin has gone up from 33.4% to 47.9% in the past year.
Failed Health Checks:
- MFIC has a relatively high debt to equity ratio of 1.51.
- Total MFIC debt is higher than 5 years ago, relative to shareholder equity.
Is Midcap Financial Investment stock a Buy, Hold, or Sell, according to analysts?
Out of 4 Equities analysts who research MFIC, the consensus analyst rating on Midcap Financial Investment is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Latest MFIC Analyst Ratings
Casey Alexander, a top 11% analyst from Compass Point maintains MFIC with a hold rating and lowers their MFIC price target from $13.00 to $12.25, on May 30, 2023.
Arren Cyganovich, a top 6% analyst from Citigroup maintains MFIC with a hold rating and lowers their MFIC price target from $12.00 to $11.00, on May 5, 2023.
Timothy O'Shea, a top 28% analyst from Wells Fargo maintains MFIC with a strong buy rating and lowers their MFIC price target from $13.75 to $2.50, on Apr 18, 2023.
Kenneth Lee, a bottom 5% analyst from RBC Capital maintains MFIC with a hold rating and raises their MFIC price target from $12.00 to $13.00, on Feb 23, 2023.
You can dig deeper into what analysts are forecasting on the Midcap Financial Investment stock forecast page.
Metrics for Advanced MFIC Traders
MFIC Growth Metrics
Last year, MFIC earnings were $108.26M. Over the last 5 year, MFIC's earnings have gone up by 7.01% per year. This was faster than the Asset Management industry average of 0.42%.
Last year, MFIC revenue was $226.19M. Over the last five year, MFIC's revenue has gone up by -2.69% per year. This was slower than the Asset Management industry average of 17.12%.
Find out more about MFIC's earnings and revenue performance here.
Who is buying/selling MFIC?
In the past year, insiders at MFIC have bought more shares than they have sold.
Ted Aymond McNulty Jr., President of MFIC, was the latest MFIC insider to sell. They sold $18,110.82 worth of MFIC shares on Mar 10, 2023.
Research more about who owns MFIC stock here.
Does MFIC stock generate passive income?
Midcap Financial Investment pays a dividend of 11.87%, compared to the Asset Management industry's average dividend yield of 6.72%. If you owned $1,000 of MFIC stock, you would have been paid $118.67 last year.
Midcap Financial Investment dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more analysis about Midcap Financial Investment dividend yield and history here.
What others are saying about MFIC
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your MFIC trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.
Click the Open button and eToro will execute your order.
If you need additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Get the latest news on your investment in MFIC
Now that you own some shares in MFIC, you'll want to stay up-to-date on your company.
Make a watchlist to keep track of 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 are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep tabs on your investment in Midcap Financial Investment, create a watchlist today.
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