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MidCap Financial Investment Corporation (MFIC)
NASDAQ:MFIC
RESEARCH TOOLSreports
Earnings Data
Report Date
May 15, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.4Last Year’s EPS
0.44Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: -3.30%
|Next Earnings Date:May 15, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong ROE, successful CLO pricing, and significant new commitments as positive aspects. However, challenges such as a decrease in NAV per share, a decline in weighted average yield, and issues with non-accrual investments were also noted. Overall, the sentiment of the call was balanced with both positive achievements and notable challenges.Company Guidance
In the earnings conference call for MidCap Financial Investment Corporation (MFIC) covering the fourth quarter of 2024, several key metrics were discussed. The company reported a net investment income (NII) per share of $0.40 for the quarter and $1.71 for the full year, with a quarterly annualized return on equity (ROE) of 10.5% and a yearly ROE of 11.2%. GAAP net income per share was $0.26 for the quarter and $1.27 for the year. The NAV per share declined by $0.12 to $14.98, representing a 0.8% decrease. During the quarter, MFIC made $255 million in new commitments, contributing to a full year total of $1.06 billion. The company aims to reach a target leverage of approximately 1.4 times in the next few quarters, leveraging its affiliation with MidCap Financial, which closed $6.6 billion in commitments in the fourth quarter and $21.3 billion for the year. MFIC's investment in Merx, an aircraft leasing business, was valued at $183 million, with a blended yield of 3.2% at fair value. The call also highlighted the economic backdrop for 2025, noting strong consumer spending and a low probability of recession, while addressing risks like tariffs and federal layoffs. The company declared a quarterly dividend of $0.38 per share, payable in March 2025.Strong Annualized Return on Equity (ROE)
MFIC reported an annualized ROE of 10.5% for the December quarter and 11.2% for the full year.
Significant New Commitments
MFIC made $255 million in new commitments during the December quarter and $1.06 billion for the full year.
Successful CLO Pricing
MFIC priced a $529 million CLO, the second on-balance-sheet CLO, with a blended cost of 161 basis points spread, significantly tighter than previous levels.
Merx Insurance Claims Settlement
MFIC settled a portion of its contingent insurance claims related to the Merx Russia fleet during the first quarter.
Dividend Declaration
The Board declared a quarterly dividend of $0.38 per share for shareholders of record as of March 11th, 2025.
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MidCap Financial Investment Corporation (MFIC) Earnings, Revenues Date & History
MFIC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MFIC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $14.25 | $13.75 | -3.51% |
| Nov 07, 2024 | $13.10 | $13.28 | +1.37% |
| Aug 07, 2024 | $12.32 | $12.62 | +2.44% |
| May 07, 2024 | $13.96 | $13.89 | -0.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does MidCap Financial Investment Corporation (MFIC) report earnings?
MidCap Financial Investment Corporation (MFIC) is schdueled to report earning on May 15, 2025, TBA Not Confirmed.
What is MidCap Financial Investment Corporation (MFIC) earnings time?
MidCap Financial Investment Corporation (MFIC) earnings time is at May 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MFIC EPS forecast?
MFIC EPS forecast for the fiscal quarter 2025 (Q4) is 0.4.
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