Is Midcap Financial Investment Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 4 Wall Street analysts covering (NASDAQ: MFIC) stock is to Buy MFIC stock.
Out of 4 analysts, 1 (25%) are recommending MFIC as a Strong Buy, 0 (0%) are recommending MFIC as a Buy, 3 (75%) are recommending MFIC as a Hold, 0 (0%) are recommending MFIC as a Sell, and 0 (0%) are recommending MFIC as a Strong Sell.
What is MFIC's forecast return on equity (ROE) for 2024-2024?
(NASDAQ: MFIC) forecast ROE is 10.21%, which is considered weak.
What is MFIC's Price Target?
According to 4 Wall Street analysts that have issued a 1 year MFIC price target, the average MFIC price target is $9.69, with the highest MFIC stock price forecast at $13.00 and the lowest MFIC stock price forecast at $2.50.
On average, Wall Street analysts predict that Midcap Financial Investment's share price could fall to $9.69 by May 30, 2024. The average Midcap Financial Investment stock price prediction forecasts a potential downside of 19.6% from the current MFIC share price of $12.05.
What is MFIC's forecast return on assets (ROA) for 2024-2024?
(NASDAQ: MFIC) forecast ROA is 4.08%, which is lower than the forecast US Asset Management industry average of 5.97%.
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.