
MFIC Stock Forecast & Price Target
MFIC Analyst Ratings
Bulls say
MidCap Financial Investment Corp has demonstrated a positive trend in its investment performance, with average spreads on new investments increasing quarter-over-quarter from 513 basis points to 538 basis points. The company's net leverage remains stable, with the net debt/equity ratio reported at 1.44x, slightly higher than the previous estimate, reflecting a robust financial structure against its growth strategy. Additionally, management anticipates a slight positive net asset value (NAV) accretion in the third quarter, projecting a potential increase of approximately 6 cents per share annually, which adds to the company's favorable outlook.
Bears say
MidCap Financial Investment Corp reported a net asset value (NAV) per share of $14.75, which reflects a decline from previous estimates and a decrease quarter-over-quarter. The company faces challenges with projected downside scenarios, including a potential increase in leverage to 1.2x, anticipated 3% credit losses, and a decrease in average asset yield by approximately 50 basis points. Additionally, the NAV was adversely impacted by realized and unrealized losses totaling 20 cents per share, primarily driven by significant losses in the direct origination portfolio.
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
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