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MidCap Financial Investment Corporation (MFIC)

Financial Services | Asset Management | New York, United States | NasdaqGS
8.42 USD -0.02 (-0.237%) ⇩ (Oct. 13, 2026, 4 p.m. EDT)

Short-term:★⯪☆☆☆Long-term:★☆☆☆☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 10:02 a.m. EDT

The investment case for MidCap Financial is currently broken by deteriorating fundamentals and a hostile market environment. The company is reporting negative earnings and shrinking revenues, trading at a discount to book value that suggests deep distress rather than a bargain. While the 14.7% dividend yield is attractive on paper, the payout ratio sits at a precarious 31%, and recent news confirms the board is cutting the dividend, signaling that cash flow is insufficient to sustain previous levels. The stock has suffered a brutal 36% decline over the last nine years, with the most recent annual performance showing another drop. Technically, the share price is struggling to hold above its 50-day moving average, confirming a downtrend. Options activity screams caution, with traders buying insurance at strikes far above the current price, indicating a consensus expectation of further pain. This is a speculative recovery play at best, not a sound investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.030444
AutoETS0.030522
AutoTheta0.031802
AutoARIMA0.058585

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 55%
H-stat 6.30
Ljung-Box p 0.000
Jarque-Bera p 0.046
Excess Kurtosis -1.04
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-09-07
Last Dividend Date 2026-09-07
Debt to Equity Ratio 157.956
Revenue per Share 3.348
Market Cap 693,577,472
Forward P/E 6.75
Beta 0.68
Profit Margins -9.85%
Previous Name Apollo Investment Corporation
Website https://www.midcapfinancialic.com

As of Oct. 10, 2026, 10:02 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by massive open interest in December puts at strikes significantly above the current price (9.0 and 10.0), while call volume is negligible. Implied volatility is elevated for near-term expiration, reflecting fear of continued weakness or a gap lower.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
3.35% 12.57% 12.26% 12.25%
Dividend History
Date Dividend Yield %
2026-09-08 0.310 3.351351
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
dividendYield 14.73
exDividendDate 2026-09-08
trailingAnnualDividendRate 1.38
trailingAnnualDividendYield 0.16350712
lastDividendValue 0.31
lastDividendDate 2026-09-08
dividendDate 2026-09-24

Info Dump

Attribute Value
52 Week Change -0.28644067
Address1 Nine West 57th Street
Address2 41rd Floor
All Time High 72.6
All Time Low 5.2
Ask 9.52
Ask Size 1
Average Daily Volume10 Day 579,800
Average Daily Volume3 Month 557,753
Average Volume 557,753
Average Volume10Days 579,800
Beta 0.678
Bid 7.22
Bid Size 1
Book Value 13.37
City New York
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 8.42
Current Ratio 0.483
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 8.5
Day Low 8.3199
Debt To Equity 157.956
Display Name MidCap Financial Investment
Dividend Date 1,790,208,000
Dividend Yield 14.73
Earnings Call Timestamp End 1,793,908,800
Earnings Call Timestamp Start 1,793,908,800
Earnings Timestamp 1,793,881,800
Earnings Timestamp End 1,793,881,800
Earnings Timestamp Start 1,793,881,800
Ebitda Margins 0.0
Enterprise To Revenue 7.94
Enterprise Value 2,389,827,584
Eps Current Year 1.49392
Eps Forward 1.24735
Eps Trailing Twelve Months -0.35
Esg Populated 0
Ex Dividend Date 1,788,825,600
Exchange NMS
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 212 515 3251
Fifty Day Average 9.25
Fifty Day Average Change -0.8299999
Fifty Day Average Change Percent -0.08972972
Fifty Two Week Change Percent -28.644068
Fifty Two Week High 12.5
Fifty Two Week High Change -4.08
Fifty Two Week High Change Percent -0.32639998
Fifty Two Week Low 8.31
Fifty Two Week Low Change 0.10999966
Fifty Two Week Low Change Percent 0.013237022
Fifty Two Week Range 8.31 - 12.5
Financial Currency USD
First Trade Date Milliseconds 1,081,258,200,000
Five Year Avg Dividend Yield 11.25
Forward Eps 1.24735
Forward P E 6.750311
Free Cashflow 95,819,624
Full Exchange Name NasdaqGS
Fullday Change -0.019999504
Fullday Change Percent -0.23696096
Fullday Price 8.42
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 300,983,008
Has Pre Post Market Data 1
Held Percent Insiders 0.0091
Held Percent Institutions 0.40645
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 1,788,825,600
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 693,577,472
Market State PRE
Max Age 86,400
Message Board Id finmb_9589328
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-10-14
Net Income To Common -29,653,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 732,704,526
Number Of Analyst Opinions 8
Open 8.49
Operating Cashflow 531,342,016
Operating Margins 0.87713
Payout Ratio 31.4302
Peg Ratio 3.12
Phone 212 515 3200
Prev Name Apollo Investment Corporation
Previous Close 8.44
Price Eps Current Year 5.636179
Price Hint 2
Price To Book 0.62976813
Price To Sales Trailing12 Months 2.3043742
Profit Margins -0.09852
Quick Ratio 0.469
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0199995
Regular Market Change Percent -0.236961
Regular Market Day High 8.5
Regular Market Day Low 8.3199
Regular Market Day Range 8.3199 - 8.5
Regular Market Open 8.49
Regular Market Previous Close 8.44
Regular Market Price 8.42
Regular Market Time 1,791,921,601
Regular Market Volume 561,705
Return On Assets 0.051
Return On Equity -0.02394
Revenue Growth -0.16
Revenue Per Share 3.348
Sand P52 Week Change 0.17004645
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 82,372,628
Shares Percent Shares Out 0.0332
Shares Short 2,737,690
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 2,769,632
Short Name MidCap Financial Investment Cor
Short Percent Of Float 0.0335
Short Ratio 4.92
Source Interval 15
State NY
Symbol MFIC
Target High Price 12.0
Target Low Price 9.0
Target Mean Price 10.40625
Target Median Price 10.25
Total Cash 43,354,000
Total Cash Per Share 0.526
Total Debt 1,739,603,968
Total Revenue 300,983,008
Tradeable 0
Trailing Annual Dividend Rate 1.38
Trailing Annual Dividend Yield 0.16350712
Trailing Eps -0.35
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.4316
Two Hundred Day Average Change -2.0115995
Two Hundred Day Average Change Percent -0.19283712
Type Disp Equity
Volume 561,705
Website https://www.midcapfinancialic.com
Zip 10,019