MidCap Financial Investment (NASDAQ:MFIC) Issues Earnings Results

MidCap Financial Investment (NASDAQ:MFIC) released its quarterly earnings results on Thursday. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.37 by $0.02, Zacks reports. MidCap Financial Investment had a net margin of 30.79% and a return on equity of 10.33%. The business had revenue of ($1.38) million during the quarter, compared to analyst estimates of $78.87 million.

MidCap Financial Investment Stock Performance

Shares of NASDAQ MFIC traded down $0.85 during trading on Friday, reaching $9.68. 3,732,206 shares of the company traded hands, compared to its average volume of 800,595. The company has a current ratio of 4.34, a quick ratio of 4.34 and a debt-to-equity ratio of 1.40. MidCap Financial Investment has a 12-month low of $9.61 and a 12-month high of $13.93. The firm’s fifty day simple moving average is $11.31 and its 200 day simple moving average is $11.91. The stock has a market cap of $903.14 million, a P/E ratio of 9.13 and a beta of 0.77.

MidCap Financial Investment Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 12.8%. The ex-dividend date of this dividend is Tuesday, March 10th. MidCap Financial Investment’s dividend payout ratio (DPR) is currently 143.40%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. UBS Group AG grew its position in shares of MidCap Financial Investment by 2.0% in the third quarter. UBS Group AG now owns 1,701,175 shares of the company’s stock valued at $20,397,000 after purchasing an additional 33,887 shares in the last quarter. Invesco Ltd. boosted its position in shares of MidCap Financial Investment by 3.5% during the 4th quarter. Invesco Ltd. now owns 911,041 shares of the company’s stock worth $10,422,000 after purchasing an additional 30,604 shares during the period. North Ground Capital increased its holdings in MidCap Financial Investment by 160.5% in the 4th quarter. North Ground Capital now owns 651,326 shares of the company’s stock valued at $7,451,000 after purchasing an additional 401,326 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in MidCap Financial Investment by 3.6% during the third quarter. Ameriprise Financial Inc. now owns 417,160 shares of the company’s stock worth $5,002,000 after purchasing an additional 14,524 shares in the last quarter. Finally, Rivernorth Capital Management LLC acquired a new stake in shares of MidCap Financial Investment in the fourth quarter valued at $4,741,000. Hedge funds and other institutional investors own 28.45% of the company’s stock.

Trending Headlines about MidCap Financial Investment

Here are the key news stories impacting MidCap Financial Investment this week:

• Positive Sentiment: Q4 EPS beat estimates: MFIC reported $0.39 EPS vs. consensus $0.37, showing underlying earnings strength. MidCap Financial Investment (MFIC) Tops Q4 Earnings Estimates
• Positive Sentiment: Generous quarterly dividend declared: MFIC set a $0.31 quarterly dividend (annualized yield ~12.4%), which supports income-focused shareholders and can prop up demand ahead of the ex-dividend date. MidCap Financial Investment Corporation Reports Financial Results
• Neutral Sentiment: Management commentary available — mixed tone: Call transcripts and highlights show management acknowledging credit headwinds (especially in software), portfolio monitoring and actions taken; useful for assessing whether losses are isolated or broader. Review call detail for guidance and provisioning discussion. MidCap Financial Investment Corporation (MFIC) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Credit weakness concentrated in software/tech loans: Coverage and the earnings call flagged deterioration in a software-exposed segment that drove markdowns and provisioning, raising near-term credit risk concerns. Apollo-affiliated MidCap Financial feels sting from software credit weakness in Q4
• Negative Sentiment: Apollo-related fund markdowns increase scrutiny: An Apollo private credit fund marked down soured loans in its portfolio, which markets view as related/indicative for MFIC given affiliation and shared exposure — a negative catalyst for sentiment and valuation. Apollo Private Credit Fund Marks Down Portfolio on Soured Loans
• Negative Sentiment: Reported “negative” revenue line (realized/mark-to-market losses): The quarter showed a revenue figure reflecting realized losses and markdowns (reported as negative), which offsets the EPS beat and creates uncertainty about recurring earnings power. MidCap Financial Investment Corp (MFIC) Q4 2025 Earnings Call Highlights

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of MidCap Financial Investment from $12.00 to $11.50 and set a “neutral” rating for the company in a research report on Monday, November 10th. Wall Street Zen raised MidCap Financial Investment from a “sell” rating to a “hold” rating in a research report on Saturday, December 6th. Compass Point reissued a “neutral” rating and issued a $12.25 price objective (down from $14.75) on shares of MidCap Financial Investment in a research report on Monday, November 10th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $11.00 price target (down from $13.00) on shares of MidCap Financial Investment in a research note on Wednesday, January 7th. Finally, Zacks Research raised MidCap Financial Investment from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th. Two investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $12.75.

MidCap Financial Investment Company Profile

MidCap Financial Investment Corporation (NASDAQ: MFIC) is a business development company that provides financing solutions to middle-market companies across the United States. The firm specializes in direct lending and asset-based financing, offering a range of debt instruments designed to support working capital needs, equipment acquisitions, lease financing and corporate recapitalizations. Its focus on senior secured loans, unitranche structures and equipment financings positions it to serve clients in sectors such as manufacturing, healthcare, transportation and energy.

Through its lending platform, MidCap Financial Investment Corporation partners with privately held and sponsor-backed companies that typically generate annual revenues between $25 million and $500 million.