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Upturn AI Summary - About
MidCap Financial Investment Corporation(MFIC)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for MFIC
09/23/2026: MFIC (1-star) is currently NOT-A-BUY. Pass it for now.
MidCap Financial Investment Corporation (MFIC) is a business development company focused on providing senior secured loans to middle-market companies. Since its strategic pivot in 2022, the company has leveraged its connection with the MidCap Financial platform to shift its portfolio toward lower-risk, first-lien assets. The primary investment story centers on the company’s ability to generate reliable income from these senior debt holdings. Key risks include exposure to interest rate fluctuations, macroeconomic credit risk, and competition within the private credit space. This stock may be a strong fit for income-oriented investors, though it requires monitoring of portfolio credit quality and dividend sustainability over time.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | BDCs are typically structured for income rather than high capital appreciation. |
| Momentum investor | Weak fit | This is generally a value-oriented income play, not a high-momentum growth stock. |
| Value investor | Mixed fit | Investors may find value in the NAV discount, but must account for the credit risks inherent in middle-market lending. |
| Dividend investor | Strong fit | The company is designed to pay out the majority of its net investment income to shareholders. |
| Low-risk investor | Mixed fit | While senior secured debt is lower in the risk stack, middle-market lending carries inherent credit and leverage risks. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | Financial stocks, particularly BDCs, can be sensitive to interest rate shifts and broader market sentiment. |
| Valuation risk | Medium | The stock price relative to NAV is a key monitorable for BDC investors. |
| Competition risk (private credit) | High | An influx of capital into the private credit space can compress spreads and pressure returns. |
| Business quality | Medium | The quality of the underlying loan portfolio directly dictates long-term performance. |
| Dividend income | Medium / high | Dividend sustainability depends on the consistent generation of net investment income. |
| Execution risk | Medium | The company must continue to successfully integrate and grow its portfolio through the MidCap platform. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit -11.68% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/23/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 733.12M USD | Price to earnings Ratio - | 1Y Target Price 10.41 |
Price to earnings Ratio - | 1Y Target Price 10.41 | ||
Volume (30-day avg) 505.2K shares | Beta 0.67 | 52 Weeks Range 8.63 - 11.50 | Updated Date 09/23/2026 |
52 Weeks Range 8.63 - 11.50 | Updated Date 09/23/2026 | ||
Dividends yield (FY) 15.23% | Basic EPS (TTM) -0.35 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Investment Income | Interest and fee income generated from the debt and equity investment portfolio. | The company earns the majority of its money by lending cash to companies and collecting interest payments. |
Valuation
Trailing PE - | Forward PE 7.34 | Enterprise Value 2.43B | Price to Sales(TTM) 2.44 |
Enterprise Value 2.43B | Price to Sales(TTM) 2.44 | ||
Enterprise Value to Revenue 117.04 | Enterprise Value to EBITDA - | Shares Outstanding 82.37M | Shares Floating - |
Shares Outstanding 82.37M | Shares Floating - | ||
Percent Insiders 0.91 | Percent Institutions 40.44 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About MidCap Financial Investment Corporation
Exchange NASDAQ | Headquarters New York, NY, United States | ||
IPO Launch date 2004-05-05 | CEO & Executive Chairman Mr. Tanner Powell | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
MidCap Financial Investment Corporation is a Private Debt, business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company ("BDC") under the Investment Company Act of 1940 (the "1940 Act") specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies. It provides direct equity capital, mezzanine, first lien secured loans, stretch senior loans, unitranche loans, second lien secured loans and senior secured loans, unsecured debt, and subordinated debt and loans. It also seeks to invest in PIPES transactions. The fund may also invest in securities of public companies that are thinly traded and may acquire investments in the secondary market and structured products. It prefers to invest in preferred equity, common equity / interests and warrants and makes equity co-investments. It may invest in cash equivalents, U.S. government securities, high-quality debt investments that mature in one year or less, high-yield bonds, distressed debt, non-U.S. investments, or securities of public companies that are not thinly traded. It also focuses on other investments such as collateralized loan obligations ("CLOs") and credit-linked notes ("CLNs"). The fund typically invests in construction and building materials, business services, plastics & rubber, advertising, capital equipment, education, cable television, chemicals, consumer products/goods durable and non-durable and customer services, direct marketing, energy " oil & gas, electricity and utilities. The fund also invest in aerospace & defense, wholesale, telecommunications, financial services, hotel, gaming, leisure, restaurants; environmental industries, healthcare and pharmaceuticals, high tech industries, beverages, food and tobacco, manufacturing, media " diversified & production, printing and publishing, retail, automation, aviation and consumer transport, tran
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