MidCap Financial Investment Corporation (MFIC) Stock

MidCap Financial Investment Corporation (MFIC) is a Financial Services stock trading at $9.52 (as of 2026-07-24), with a market capitalization of $784.19M and a trailing P/E of 16.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Insufficient source information was provided to describe MidCap Financial Investment Corporation’s business, products, or services based on its SEC 10-K Item 1. A secondary context excerpt about another company was included, which cannot be used to accurately characterize MFIC.

Understand MidCap Financial Investment Corporation: how it makes money

MidCap Financial Investment Corporation is a business development company that invests in private middle market companies through direct equity, mezzanine, and multiple secured loan structures, and it makes money from returns generated by that investment portfolio while monitoring credit performance through non-accrual status.

For a BDC like this, performance is structurally driven by what it deploys into new deals (New Origination) and how much of that portfolio ends up on non-accrual, because both determine ongoing investment income and credit outcomes across a largely self-funded investment portfolio.

Business quality (Weak): BDC investors typically focus on portfolio credit (non-accrual) and deployment activity (origination). In the latest quarter, the dashboard shows portfolio fair value and measurable non-accrual alongside origination, but no reportable revenue segments are provided in the available data.

Valuation: At 135× earnings, MFIC trades 1212% above the Asset Management average (10×). Note: one-time items can distort reported P/E.

Bull case

  • Investment flexibility across deal types: The company invests using several instruments, including direct equity, mezzanine, and multiple secured loan categories, which can allow it to structure investments in different ways.
  • Deployment activity is directly observable: The company reports New Origination, which helps investors track how actively it is building and refreshing its investment portfolio.

Bear case

  • Credit deterioration can show up in non-accrual: Because the portfolio includes lending exposures, a higher level of Investments on Non-Accrual Status as a Percentage of Portfolio at Fair Value would indicate weaker credit performance.
  • Portfolio size and valuation can move: Key figures include Portfolio Fair Value and non-accrual fair value amounts, so changes in fair value and credit status can affect results.
Valuation — source: SEC EDGAR (first-party)
Price$9.52
Market Cap$784.19M
P/E Ratio16.0
Price / Book0.67
Price / Sales2.49
DCF Value (model)$3.30
DCF Upside vs Price-65.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$320.88M
Net Margin19.7%
Revenue Growth (YoY)6.3%
EPS Growth (YoY)-46.5%
Valuation vs Sector & Industry
Stock P/E16.0
Sector P/E (Financial Services)8.9
Industry P/E (Asset Management)8.9
vs Sector79.8%
vs Industry79.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderTHORNBURG INVESTMENT MANAGEMENT INC ($36.39M)
Institutional Holders Tracked10
Company
SectorFinancial Services
IndustryAsset Management
CEOTanner Powell
CountryUS
IPO Date2004-04-06

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MFIC earnings history · MFIC institutional & insider holders · MFIC KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.