Keefe Bruyette slashes price target on MidCap Financial Investment Corporation [MFIC] – find out why.

MidCap Financial Investment Corporation [NASDAQ: MFIC] jumped around 0.05 points on Tuesday, while shares priced at $13.45 at the close of the session, up 0.37%.

Compared to the average trading volume of 386.11K shares, MFIC reached a trading volume of 297563 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about MidCap Financial Investment Corporation [MFIC]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MFIC shares is $14.91 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MFIC stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Keefe Bruyette have made an estimate for MidCap Financial Investment Corporation shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on August 05, 2024. The new note on the price target was released on July 25, 2024, representing the official price target for MidCap Financial Investment Corporation stock. Previously, the target price had yet another raise from $15.50 to $16, while Compass Point kept a Neutral rating on MFIC stock.

The Average True Range (ATR) for MidCap Financial Investment Corporation is set at 0.22, with the Price to Sales ratio for MFIC stock in the period of the last 12 months amounting to 4.41. The Price to Book ratio for the last quarter was 0.91.

How has MFIC stock performed recently?

MidCap Financial Investment Corporation [MFIC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.86. With this latest performance, MFIC shares dropped by -2.07% in over the last four-week period, additionally sinking by -8.56% over the last 6 months – not to mention a rise of 2.04% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MFIC stock in for the last two-week period is set at 51.08, with the RSI for the last a single of trading hit 53.41, and the three-weeks RSI is set at 50.62 for MidCap Financial Investment Corporation [MFIC]. The present Moving Average for the last 50 days of trading for this stock 13.63, while it was recorded at 13.42 for the last single week of trading, and 14.37 for the last 200 days.

Earnings analysis for MidCap Financial Investment Corporation [MFIC]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MFIC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for MidCap Financial Investment Corporation go to 9.60%.

Insider trade positions for MidCap Financial Investment Corporation [MFIC]

There are presently around $28.17%, or 28.39%% of MFIC stock, in the hands of institutional investors.