Midcap Financial Investment Corporation - Closed E (MFIC)

Midcap Financial Investment Corporation - Closed E (MFIC) — Recent Articles & Press Releases:

Midcap Financial Investment Corporation - Closed E (MFIC) — Key Stats & Information:

Quotes delayed 20 minutes

Email EnvelopeFree MFIC Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts


MFIC has BDC Baby Bonds: MFICL
RankBDCYield   
• • •   
#19  OCSL 11.02%  
#20  SLRC 10.99%  
#21  BCSF 10.98%  
#22  PFLT 10.95%  
#23  MFIC 10.77%  
#24  BKCC 10.61%  
#25  BXSL 10.53%  
#26  NMFC 10.14%  
#27  HRZN 10.01%  
• • •   
Current Stock Price:
(Data delayed 20 minutes)
$14.11
Most Recent NAV/Share:
(As of 9/30/2023)
$15.28
Current Price/NAV: .92x
Annualized Regular Dividend: $1.52
Annualized Current Yield: 10.77%
TTM = Trailing Twelve Months
  12/31/2022 3/31/2023 6/30/2023 9/30/2023
NAV/Share: $15.10 $15.18 $15.20 $15.28
Debt/Equity: 1.50 1.40 1.43 1.38
NOI/Share: $0.43 $0.45 $0.44 $0.43
EPS/Share: $0.02 $0.46 $0.39 $0.46
Sum of TTM NOI/Share
(Or NII/share where applicable)
$1.75
TTM NOI Yield:
(As percentage of current $14.11 price)
12.40%
Sum of TTM EPS/Share
$1.33
TTM EPS Yield:
(As percentage of current $14.11 price)
9.43%
Sum of TTM Regular Dividends $1.14
TTM Dividend Yield:
(As percentage of current $14.11 price)
8.08%
% Senior Debt % Sub Debt % Equity % Other
88% 5% 7% 0%
Stock Price @ Quarter End:
(Closest close to 9/30/2023)
$13.75
NAV/Share: $15.28
Price/NAV: .90x
Shares Outstanding: 65.25M
Market Cap: 897.23M
Investments at Cost: 2.58B
Investments at Fair Value: 2.37B
Difference: -0.21B
Net Asset Value: 997.07M
Leverage 1.37B
Debt:Equity Ratio 1.38:1
Originations:
(During quarter)
30.30M
Repayments:
(During quarter)
-72.90M
Difference: -42.60M
Realized Gains/Losses:
(During quarter)
-0.20M
Unrealized Gains/Losses:
(During quarter)
2.27M
Non-Accruals at Cost: 1.3%
Non-Accruals at Fair Value: 0.5%
Net Operating Income / Share
(Or Net Investment Income where applicable)
$0.43
EPS/Share $0.46
Regular Dividends/Share $0.38
Regular Dividend Yield (Annualized)
(Against quarter-end $13.75 stock price)
11.05%
Although best efforts are made to minimize errors, there is no guarantee this data is free of error and therefore it should not be relied upon for investment decisions. See full disclaimer.
Base Management Fee: 2%
Fees Paid on Cash?: Yes
NOI Incentive Fee: 20%
Annual Hurdle Rate: 7%
Capital Gains Fee: 20%
Incentive Catch-Up Provision: Yes
Total Return Hurdle: No
Fees on Non-Cash Income: No
Notes / Additional Features:
Management has waived base and incentive fees on $232 million of equity raised in 2013. No cash incentive fee on non-cash income (PIK, OID) until received in cash.
For more information see MFIC SEC filings.
RankBDCPrice/NAV   
• • •   
#21  SCM 0.98x  
#22  NMFC 0.97x  
#23  OBDC 0.97x  
#24  OBDE 0.95x  
#25  MFIC 0.92x  
#26  CGBD 0.91x  
#27  WHF 0.91x  
#28  OFS 0.89x  
#29  FCRD 0.88x  
• • •   
Mouse over chart for data details
3/31
2005
...9/30
2023
Mouse over chart for data details
6/30
2005
...9/30
2023
 Avg: .91x
Mouse over chart for data details
3/31
2005
...9/30
2023
(regular quarterly amount annualized)
Mouse over chart for data details
3/31
2005
...9/30
2023
 Avg: 11.62%
Mouse over chart for data details
3/31
2005
...9/30
2023
 Avg: .37:1
(or NII/share when applicable)
Mouse over chart for data details
3/31
2005
...9/30
2023
RankBDC1Yr NAV/Sh Change  
• • •   
#16  BBDC -0.27% 
#17  FDUS -0.67% 
#18  PNNT -0.78% 
#19  NMFC -1.06% 
#20  MFIC -1.10% 
#21  FSK -1.62% 
#22  SLRC -1.69% 
#23  CGBD -1.75% 
#24  CCAP -2.28% 
• • •   
 

MFIC | Midcap Financial Investment Corporation - Closed E | BDC Investor | www.BDCInvestor.com | Copyright © 2002 - 2024, All Rights Reserved

Nothing in BDCInvestor.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent. Contact BDC Investor; Meet Our Editorial Staff.