
MFIC Stock Forecast & Price Target
MFIC Analyst Ratings
Bulls say
MidCap Financial Investment Corp has demonstrated a positive trend in financial performance, highlighted by an increase in average spreads on new investments, which rose to 538 basis points quarter-over-quarter, up from 513 basis points. The firm's net leverage has seen a slight rise, with a net debt-to-equity ratio of 1.44x compared to 1.31x in the previous quarter, indicating a potentially favorable environment for making competitive investments. Additionally, management anticipates slight positive net asset value (NAV) accretion in the upcoming quarter, suggesting prospects for capital growth over time.
Bears say
MidCap Financial Investment Corp’s net asset value (NAV) per share decreased to $14.75, which is not only lower than the previous quarter's $14.93 but also below analysts' estimates of $14.93 per share, indicating a decline in the company's financial position. The company faces potential challenges in a downside scenario, projecting a NAV per share valuation as low as $8, driven by a 1.2x debt/equity leverage ratio and anticipated credit losses of 3% within its portfolio. Additionally, the quarter saw a significant negative impact on NAV due to realized and unrealized losses, particularly a 27-cent per share loss from the direct origination portfolio, further contributing to a pessimistic outlook on the stock.
This aggregate rating is based on analysts' research of MidCap Financial Investment Corp and is not a guaranteed prediction by Public.com or investment advice.
MFIC Analyst Forecast & Price Prediction
Start investing in MFIC
Order type
Buy in
Order amount
Est. shares
0 shares