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MFICL
Upturn stock ratingUpturn stock rating

MidCap Financial Investment Corporation 8.00% Notes due 2028 (MFICL)

Upturn stock ratingUpturn stock rating
$25.14
Last Close (24-hour delay)
Profit since last BUY0.04%
upturn advisory
SELL
SELL since 3 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

05/31/2024: MFICL (1-star) is a SELL. SELL since 3 days. Profits (0.04%). Updated daily EoD!

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $

1 Year Target Price $

Analysts Price Target For last 52 week
$Target price
Low$
Current$25.14
high$

Analysis of Past Performance

Type Stock
Historic Profit 0.04%
Avg. Invested days 66
Today’s Advisory SELL
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 05/31/2024

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 1.6
52 Weeks Range 24.38 - 25.64
Updated Date 06/9/2024
52 Weeks Range 24.38 - 25.64
Updated Date 06/9/2024
Dividends yield (FY) -
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 33.2%
Operating Margin (TTM) 79.46%

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating -
Shares Outstanding -
Shares Floating -
Percent Insiders -
Percent Institutions -

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

MidCap Financial Investment Corporation 8.00% Notes due 2028

stock logo

Company Overview

overview logo History and Background

MidCap Financial Investment Corporation focuses on providing debt solutions to middle-market companies. The 8.00% Notes due 2028 represent a specific debt instrument issued by the company to raise capital for its lending activities. These notes were issued to provide investors a fixed income investment until 2028.

business area logo Core Business Areas

  • Direct Lending: Providing senior secured loans, unitranche loans, and mezzanine debt to middle-market companies.

leadership logo Leadership and Structure

MidCap Financial Investment Corporation's leadership typically consists of an executive management team responsible for overseeing investment strategies, portfolio management, and overall operations. The organizational structure involves investment professionals, analysts, and support staff.

Top Products and Market Share

overview logo Key Offerings

  • Senior Secured Loans: Providing first-lien debt to middle-market companies, often used for acquisitions, recapitalizations, or growth capital. Competitors include other direct lenders and banks.
  • Unitranche Loans: Offering a combination of senior and subordinated debt in a single loan facility. Competitors include private credit funds and specialty finance companies.
  • Mezzanine Debt: Supplying subordinated debt with equity warrants or options, providing higher yields but with greater risk. Competitors include hedge funds and private equity firms.

Market Dynamics

industry overview logo Industry Overview

The direct lending industry is characterized by providing capital to middle-market companies underserved by traditional banks. It's a growing market driven by increased demand for flexible financing solutions and a complex regulatory environment for banks.

Positioning

MidCap Financial Investment Corporation is positioned as a direct lender specializing in customized debt solutions for middle-market companies. Competitive advantages include industry expertise, relationships, and ability to structure complex transactions.

Total Addressable Market (TAM)

The estimated TAM for middle-market direct lending is in the hundreds of billions of dollars. MidCap Financial Investment Corporation is positioned to capture a portion of this market through its lending activities.

Upturn SWOT Analysis

Strengths

  • Strong industry relationships
  • Experienced management team
  • Flexible lending solutions
  • Focus on middle-market companies

Weaknesses

  • Concentration risk in portfolio
  • Sensitivity to economic cycles
  • Reliance on capital markets for funding
  • Potential for credit losses

Opportunities

  • Growing demand for direct lending
  • Expansion into new industry verticals
  • Strategic partnerships with private equity firms
  • Increased deal flow from middle-market companies

Threats

  • Increased competition from other lenders
  • Economic downturn impacting borrowers
  • Rising interest rates
  • Regulatory changes

Competitors and Market Share

competitor logo Key Competitors

  • ARCC
  • BXSL
  • TPVG

Competitive Landscape

MidCap Financial Investment Corporation competes with other BDCs and direct lenders based on factors such as pricing, terms, and industry expertise. Its competitive advantage lies in its ability to offer tailored solutions and strong relationships.

Growth Trajectory and Initiatives

Historical Growth: N/A

Future Projections: N/A

Recent Initiatives: N/A

Summary

MidCap Financial Investment Corporation offers debt financing to middle-market companies. The 8.00% Notes due 2028 are part of their funding strategy. They face competition from other BDCs and direct lenders, making their expertise and relationships crucial. Economic downturns and regulatory changes pose potential threats. They can potentially leverage growth in the direct lending market by expanding into new sectors.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company website
  • SEC filings
  • Industry reports
  • Market data providers

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. It does not constitute financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About MidCap Financial Investment Corporation 8.00% Notes due 2028

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2023-12-19
CEO -
Sector -
Industry -
Full time employees -
Full time employees -

MidCap Financial Investment Corporation (Former name Apollo Investment Corporation) is 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