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MidCap Financial Investment Corporation (MFIC)

Financial Services | Asset Management | New York, United States | NasdaqGS
9.77 USD -0.10 (-1.013%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 6:21 a.m. EDT

The investment case here is severely compromised by deteriorating fundamentals and a hostile market environment. The company is reporting negative revenue growth (-8.7%) and a crushing return on equity of merely 0.47%, indicating the business is failing to generate capital efficiently. While the dividend yield looks attractive at nearly 13%, the payout ratio sits at a precarious 24%, suggesting the board is likely cutting distributions to preserve cash rather than growing them sustainably. The recent news confirms this distress, with Apollo considering selling a $3 billion fund due to rising defaults and redemption pressure. Technically, the stock is trading well below its 50-day and 200-day averages, reflecting a significant trend reversal. The options market provides the clearest signal: investors are buying deep out-of-the-money puts, betting on a continued decline, while call volume is virtually non-existent. The statistical forecast also leans slightly negative. Despite the low valuation multiples, these reflect a 'value trap' where the market has correctly priced in the operational struggles and balance sheet risks. Avoid this security until there is clear evidence of a turnaround in revenue and a stabilization of the underlying credit portfolio.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.064070
MSTL0.068517
AutoARIMA0.069709
AutoETS0.069709

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 46%
H-stat 20.50
Ljung-Box p 0.000
Jarque-Bera p 0.422
Excess Kurtosis -0.95
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-06-08
Last Dividend Date 2026-06-08
Debt to Equity Ratio 159.011
Revenue per Share 3.391
Market Cap 804,780,544
Trailing P/E 162.83
Forward P/E 7.89
Beta 0.67
Profit Margins 1.90%
Previous Name Apollo Investment Corporation
Website https://www.midcapfinancialic.com

As of July 11, 2026, 6:21 a.m. EDT: Speculators are overwhelmingly bearish, positioning heavy protective puts at strikes significantly below the current price (deep OTM puts show massive open interest at $5 and $8), while call activity is negligible and concentrated near the money. This asymmetry suggests a strong expectation of further downside or a 'crush' scenario rather than a rebound.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
3.00% 12.27% 12.10% 12.14%
Dividend History
Date Dividend Yield %
2026-06-09 0.310 2.998066
2026-03-10 0.310 3.039216
2025-12-09 0.380 3.182580
2025-09-09 0.380 3.047313
2025-06-10 0.380 2.994484
2025-03-11 0.380 3.059581
2024-12-10 0.380 2.787968
2024-09-10 0.380 2.825279
2024-08-05 0.200 1.534919
2024-06-11 0.380 2.482038
2024-03-11 0.380 2.629758
2023-12-11 0.380 2.842184
2023-09-11 0.380 2.874433
2023-06-12 0.380 3.099511
2023-03-13 0.380 3.534884
2022-12-16 0.370 3.265666
2022-09-19 0.320 2.631579
2022-06-15 0.360 3.367633
2022-03-18 0.360 2.758621
2021-12-17 0.360 2.938776
2021-09-20 0.360 2.827966
2021-06-16 0.360 2.493075
2021-03-18 0.360 2.589928
2020-12-18 0.360 3.281677
2020-09-18 0.360 4.049494
2020-06-17 0.450 4.293893
2020-03-19 0.450 5.784062
2019-12-19 0.450 2.553916
2019-09-19 0.450 2.743903
2019-06-19 0.450 2.808989
2019-03-20 0.450 2.950820
2018-12-19 0.450 3.422053
2018-09-21 0.450 2.727273
2018-06-20 0.450 2.673797
2018-03-26 0.450 2.793296
2017-12-20 0.450 2.595156
2017-09-20 0.450 2.512563
2017-06-19 0.450 2.362205
2017-03-17 0.450 2.365931
2016-12-19 0.450 2.542373
2016-09-19 0.450 2.568493
2016-06-17 0.600 3.656307
2016-03-17 0.600 3.597122
2015-12-17 0.600 3.816794
2015-09-17 0.600 3.278689
2015-06-17 0.600 2.673797
2015-03-18 0.600 2.656042
2014-12-17 0.600 2.777778
2014-09-17 0.600 2.341920
2014-06-18 0.600 2.380952
2014-03-19 0.600 2.398081
2013-12-17 0.600 2.344666
2013-09-18 0.600 2.409639
2013-06-18 0.600 2.518892
2013-03-19 0.600 2.395210
2012-12-14 0.600 2.444988
2012-09-11 0.600 2.475248
2012-06-12 0.600 2.673797
2012-02-15 0.600 2.820874
2011-12-13 0.840 4.320988
2011-09-13 0.840 3.309693
2011-06-14 0.840 2.713178
2011-03-15 0.840 2.464789
2010-12-14 0.840 2.480071
2010-09-14 0.840 2.755906
2010-06-15 0.840 2.684564
2010-03-16 0.840 2.272727
2009-12-15 0.840 2.947368
2009-09-15 0.840 2.783300
2009-06-16 0.780 4.126984
2009-03-17 0.780 12.380952
2008-12-16 1.560 5.997693
2008-09-16 1.560 3.111909
2008-06-17 1.560 3.147700
2008-03-18 1.560 3.213844
2007-12-17 1.560 3.172666
2007-09-12 1.560 2.598701
2007-06-19 1.530 2.155537
2007-03-20 1.530 2.363299
2006-12-19 1.500 2.252252
2006-09-19 1.410 2.346480
2006-06-20 1.350 2.519597
2006-03-10 1.350 2.465753
2005-12-20 1.320 2.400436
2005-09-20 1.290 2.180527
2005-06-21 0.930 1.716501
2005-03-22 0.780 1.501155
2004-12-21 0.540 1.220339
2004-09-21 0.135 0.320513
Additional Data
dividendRate 1.24
dividendYield 12.69
exDividendDate 2026-06-09
trailingAnnualDividendRate 1.45
trailingAnnualDividendYield 0.14690983
lastDividendValue 0.31
lastDividendDate 2026-06-09
dividendDate 2026-06-25

Info Dump

Attribute Value
52 Week Change -0.26152682
Address1 Nine West 57th Street
Address2 41rd Floor
All Time High 72.6
All Time Low 5.2
Ask 11.13
Ask Size 1
Average Analyst Rating 2.8 - Hold
Average Daily Volume10 Day 495,350
Average Daily Volume3 Month 631,372
Average Volume 631,372
Average Volume10Days 495,350
Beta 0.666
Bid 8.35
Bid Size 1
Book Value 13.818
City New York
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 9.77
Current Ratio 0.539
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 10.0
Day Low 9.7
Debt To Equity 159.011
Display Name MidCap Financial Inv
Dividend Date 1,782,345,600
Dividend Rate 1.24
Dividend Yield 12.69
Earnings Call Timestamp End 1,786,046,400
Earnings Call Timestamp Start 1,786,046,400
Earnings Timestamp 1,786,019,400
Earnings Timestamp End 1,786,019,400
Earnings Timestamp Start 1,786,019,400
Ebitda Margins 0.0
Enterprise To Revenue 8.384
Enterprise Value 2,632,479,488
Eps Current Year 1.3957
Eps Forward 1.23889
Eps Trailing Twelve Months 0.06
Esg Populated 0
Ex Dividend Date 1,780,963,200
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 212 515 3251
Fifty Day Average 10.5786
Fifty Day Average Change -0.8085995
Fifty Day Average Change Percent -0.07643729
Fifty Two Week Change Percent -26.152683
Fifty Two Week High 13.51
Fifty Two Week High Change -3.7399998
Fifty Two Week High Change Percent -0.27683195
Fifty Two Week Low 9.48
Fifty Two Week Low Change 0.29000092
Fifty Two Week Low Change Percent 0.030590815
Fifty Two Week Range 9.48 - 13.51
Financial Currency USD
First Trade Date Milliseconds 1,081,258,200,000
Five Year Avg Dividend Yield 11.08
Forward Eps 1.23889
Forward P E 7.8860917
Free Cashflow 114,982,752
Full Exchange Name NasdaqGS
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 314,004,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0091
Held Percent Institutions 0.40488997
Implied Shares Outstanding 82,372,628
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,780,963,200
Last Dividend Value 0.31
Last Fiscal Year End 1,767,139,200
Last Split Date 1,543,795,200
Last Split Factor 1:3
Long Business Summary MidCap Financial Investment Corporation is a Private Debt, business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company (“BDC”) under the Investment Company Act of 1940 (the “1940 Act”) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies. It provides direct equity capital, mezzanine, first lien secured loans, stretch senior loans, unitranche loans, second lien secured loans and senior secured loans, unsecured debt, and subordinated debt and loans. It also seeks to invest in PIPES transactions. The fund may also invest in securities of public companies that are thinly traded and may acquire investments in the secondary market and structured products. It prefers to invest in preferred equity, common equity / interests and warrants and makes equity co-investments. It may invest in cash equivalents, U.S. government securities, high-quality debt investments that mature in one year or less, high-yield bonds, distressed debt, non-U.S. investments, or securities of public companies that are not thinly traded. It also focuses on other investments such as collateralized loan obligations (“CLOs”) and credit-linked notes (“CLNs”). The fund typically invests in construction and building materials, business services, plastics & rubber, advertising, capital equipment, education, cable television, chemicals, consumer products/goods durable and non-durable and customer services, direct marketing, energy – oil & gas, electricity and utilities. The fund also invest in aerospace & defense, wholesale, telecommunications, financial services, hotel, gaming, leisure, restaurants; environmental industries, healthcare and pharmaceuticals, high tech industries, beverages, food and tobacco, manufacturing, media – diversified & production, printing and publishing, retail, automation, aviation and consumer transport, transportation, cargo and distribution. It primarily invests in United States. It primarily invests between $20 million and $250 million in its portfolio companies and EBITDA with less than $75 million. The fund seeks to make investments with stated maturities of five to 10 years.
Long Name MidCap Financial Investment Corporation
Market us_market
Market Cap 804,780,544
Market State PRE
Max Age 86,400
Message Board Id finmb_9589328
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-14
Net Income To Common 5,968,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 804,780,575
Number Of Analyst Opinions 8
Open 9.89
Operating Cashflow 250,954,000
Operating Margins 0.8736
Payout Ratio 24.166698
Peg Ratio 3.12
Phone 212 515 3200
Pre Market Change 0.009999275
Pre Market Change Percent 0.10234672
Pre Market Price 9.78
Pre Market Time 1,784,024,879
Prev Name Apollo Investment Corporation
Previous Close 9.87
Price Eps Current Year 7.000072
Price Hint 2
Price To Book 0.70704883
Price To Sales Trailing12 Months 2.5629628
Profit Margins 0.01901
Quick Ratio 0.52
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.75
Region US
Regular Market Change -0.0999994
Regular Market Change Percent -1.01317
Regular Market Day High 10.0
Regular Market Day Low 9.7
Regular Market Day Range 9.7 - 10.0
Regular Market Open 9.89
Regular Market Previous Close 9.87
Regular Market Price 9.77
Regular Market Time 1,783,972,801
Regular Market Volume 595,497
Return On Assets 0.051960003
Return On Equity 0.00465
Revenue Growth -0.087
Revenue Per Share 3.391
Sand P52 Week Change 0.20365608
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 82,372,628
Shares Percent Shares Out 0.0398
Shares Short 3,275,236
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 3,352,588
Short Name MidCap Financial Investment Cor
Short Percent Of Float 0.0401
Short Ratio 5.36
Source Interval 15
State NY
Symbol MFIC
Target High Price 13.0
Target Low Price 9.5
Target Mean Price 11.25
Target Median Price 11.25
Total Cash 42,689,000
Total Cash Per Share 0.518
Total Debt 1,870,387,968
Total Revenue 314,004,000
Tradeable 0
Trailing Annual Dividend Rate 1.45
Trailing Annual Dividend Yield 0.14690983
Trailing Eps 0.06
Trailing P E 162.83334
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 11.26165
Two Hundred Day Average Change -1.4916496
Two Hundred Day Average Change Percent -0.13245392
Type Disp Equity
Volume 595,497
Website https://www.midcapfinancialic.com
Zip 10,019