NASDAQ$MFIC
MidCap Financial Investment Co · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported financial results for the first fiscal quarter ended June 30, 2021.
Apollo Investment Corporation reported net investment income of $0.39 per share for the quarter ended June 30, 2021, consistent with the previous quarter. The net asset value was $16.02 per share as of June 30, 2021, compared to $15.88 as of March 31, 2021.
- Net investment income per share for the quarter was $0.39, consistent with the previous quarter.
- Net asset value per share as of the end of the quarter was $16.02, an increase of 0.9% driven primarily by net appreciation on the corporate lending portfolio.
- New investment commitments made during the quarter totaled $332 million.
- The Board of Directors declared a distribution of $0.31 per share and a supplemental distribution of $0.05 per share for the quarter ending June 30, 2021.
Headline financials
Revenue & EPS history
MidCap Financial · Revenue · Quarterly
$6.52M
Forward guidance
The press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties, including, but not limited to, statements as to our future operating results; our business prospects and the prospects of our portfolio companies; the impact of investments that we expect to make; our contractual arrangements and relationships with third parties; the dependence of our future success on the general economy and its impact on the industries in which we invest; the ability of our portfolio companies to achieve their objectives; our expected financings and investments; the adequacy of our cash resources and working capital; and the timing of cash flows, if any, from the operations of our portfolio companies.
Tailwinds
- Statements regarding the return on equity.
- Statements regarding the yield on investments.
- Statements regarding the ability to borrow to finance assets.
- Statements regarding new strategic initiatives.
- Statements regarding the ability to reposition the investment portfolio.
Headwinds
- Macro- and micro-economic impact of the COVID-19 pandemic.
- The severity and duration of the COVID-19 pandemic.
- Actions taken by governmental authorities to contain the COVID-19 pandemic or treat its impact.
- The impact of the COVID-19 pandemic on our financial condition, results of operations, liquidity and capital resources.
- Risks associated with changes in business conditions and the general economy.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
-0.1%
Avg return
Earnings day
+2.4%
Avg return
5 days after
+1.9%
Avg return
30 days after
48%
27 / 56 earnings
Positive
+10.0%
Q4 2012
Best reaction
-11.2%
Q3 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -7.8% | +1.2% | +2.5% | |
| Q1 2026 | +3.5% | +2.0% | -0.3% | |
| Q3 2025 | -3.5% | -4.1% | -8.5% | |
| Q1 2025 | -0.8% | -0.5% | +5.8% | |
| Q3 2024 | -1.2% | +3.3% | +4.6% | |
| Q2 2024 | -0.7% | -2.0% | +2.3% | |
| Q1 2024 | -0.1% | +2.4% | +0.1% | |
| Q4 2023 | -0.1% | +0.7% | +6.4% | |
| Q4 2021 | -2.3% | +1.6% | -13.7% | |
| Q3 2022 | -2.3% | +1.6% | -13.7% | |
| Q4 2022 | -2.3% | +1.6% | -13.7% | |
| Q3 2023 | -2.3% | +1.6% | -13.7% | |
| Q1 2023 | +0.0% | +3.1% | +7.5% | |
| Q2 2023 | +0.5% | +9.5% | +11.8% | |
| Q2 2022 | +0.5% | +9.5% | +11.8% | |
| Q1 2022 | +1.4% | +1.3% | +2.1% | |
| Q3 2021 | +6.1% | +4.5% | +9.6% | |
| Q2 2021 | +7.8% | +20.5% | +45.4% | |
| Q1 2021 | -2.6% | -0.1% | -10.2% | |
| Q4 2020 | +3.6% | +8.6% | +10.5% | |
| Q3 2020 | -0.3% | -2.0% | -9.9% | |
| Q2 2020 | +4.4% | +2.5% | +6.1% | |
| Q1 2020 | +1.6% | +2.1% | +3.5% | |
| Q4 2019 | +1.1% | +1.5% | +3.8% | |
| Q3 2019 | -1.7% | -0.5% | -0.3% | |
| Q2 2019 | +3.6% | +5.0% | +6.2% | |
| Q1 2019 | -1.9% | -2.4% | -7.0% | |
| Q4 2018 | -1.6% | +1.6% | +1.4% | |
| Q3 2018 | +0.7% | -0.9% | -0.9% | |
| Q2 2018 | +3.2% | +5.1% | +0.7% | |
| Q1 2018 | +1.1% | -0.2% | -4.9% | |
| Q4 2017 | -1.7% | +0.2% | +1.4% | |
| Q3 2017 | -1.7% | +1.7% | +7.3% | |
| Q2 2017 | +4.5% | +2.8% | +4.8% | |
| Q1 2017 | -2.5% | +1.2% | +6.7% | |
| Q4 2016 | -8.3% | — | — | |
| Q3 2016 | -6.2% | — | — | |
| Q2 2016 | +7.5% | — | — | |
| Q1 2016 | -0.4% | — | — | |
| Q4 2015 | +0.8% | — | — | |
| Q3 2015 | +3.8% | — | — | |
| Q2 2015 | +2.0% | — | — | |
| Q1 2015 | +2.3% | — | — | |
| Q4 2014 | +1.4% | — | — | |
| Q3 2014 | +1.9% | — | — | |
| Q2 2014 | +2.4% | — | — | |
| Q1 2014 | +1.8% | — | — | |
| Q4 2013 | +0.5% | — | — | |
| Q3 2013 | -8.7% | — | — | |
| Q2 2013 | -1.3% | — | — | |
| Q1 2013 | -3.4% | — | — | |
| Q4 2012 | +10.0% | — | — | |
| Q3 2011 | -11.2% | — | — | |
| Q2 2011 | +1.4% | — | — | |
| Q1 2011 | -7.1% | — | — | |
| Q4 2011 | -2.4% | — | — |
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