MIDWEST HOLDING INC (MDWT) Forecast, Price Target & Analyst Ratings
NASDAQ:MDWT • US59833J2069
26.99 USD
0 (0%)
Last: Dec 20, 2023, 08:23 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MIDWEST HOLDING INC (MDWT).
Forecast Snapshot
Consensus Price Target
$27.54
+ 2.04% Upside
Next Earnings Forecast
Release DateMar 25, 2024
PeriodQ4 / 2023
EPS Estimate$0.40
Revenue Estimate25.908M
ChartMill Buy Consensus
45.71%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$27.54
Upside
+ 2.04%
From current price of $26.99 to mean target of $27.54, Based on 7 analyst forecasts
Low
$27.27
Median
$27.54
High
$28.35
Price Target Revisions
1 Month
0.00%
3 Months
0.00%
Price Target Summary
7 analysts have analysed MDWT and the average price target is 27.54 USD. This implies a price increase of 2.04% is expected in the next year compared to the current price of 26.99.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
45.71%
MDWT was analyzed by 7 analysts. The buy percentage consensus is at 46. So analysts seem to be rather neutral about MDWT.
In the previous month the buy percentage consensus was at a similar level.
MDWT was analyzed by 7 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-04-05 | Piper Sandler | Maintains | Neutral |
| 2022-12-20 | Piper Sandler | Maintains | Neutral |
| 2022-10-07 | Piper Sandler | Maintains | Neutral |
| 2022-05-27 | Piper Sandler | Maintains | Neutral |
Next Earnings Forecast Details
Next Earnings Details
Release DateMar 25, 2024
PeriodQ4 / 2023
EPS Estimate$0.40
Revenue Estimate25.908M
Revenue Q2Q221.44%
EPS Q2Q130.07%
Number of Analysts4
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
99,900.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%
Next Earnings Summary
MDWT is expected to report earnings on 3/25/2024. The consensus EPS estimate for the next earnings is 0.4 USD and the consensus revenue estimate is 25.91M USD.
The next earnings revenue estimate has been revised upward by 99900% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|
| Revenue YoY % growth | 8.56M 1,721.28% | 25.83M 201.75% | 24.73M -4.26% | 108.02M 336.80% | 113.32M 4.91% | |
| EBITDA YoY % growth | -26.33M -219.54% | -27.18M -3.23% | -15.65M 42.42% | N/A | N/A | |
| EBIT YoY % growth | -12.88M -55.18% | -16.1M -25.00% | 3.08M 119.13% | 14.79M 380.19% | 11.934M -19.31% | |
| Operating Margin | -150.47% | -62.33% | 12.45% | 13.69% | 10.53% | |
| EPS YoY % growth | N/A | -1.79 -461.84% | -0.42 76.54% | 3.06 828.57% | 3.16 3.33% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.40 130.07% | 0.19 -80.81% | 0.74 171.60% | 0.93 828.20% | 1.29 218.99% |
| Revenue Q2Q % growth | 25.908M 221.44% | 26.622M -27.60% | 30.294M 10.36% | 32.64M 72.04% | 34.782M 34.25% |
| EBITDA Q2Q % growth | N/A | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | 2.55M 163.28% | 1.836M -73.81% | 3.264M 254.78% | 3.06M 25.00% | 3.774M 48.00% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
N/A
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
MIDWEST HOLDING INC / MDWT Forecast FAQ
What do analysts expect the price target to be for MIDWEST HOLDING INC (MDWT)?
7 analysts have analysed MDWT and the average price target is 27.54 USD. This implies a price increase of 2.04% is expected in the next year compared to the current price of 26.99.
What is the next earnings date for MDWT stock?
MIDWEST HOLDING INC (MDWT) will report earnings on 2024-03-25, after the market close.
What are the consensus estimates for MIDWEST HOLDING INC (MDWT) next earnings?
The consensus EPS estimate for the next earnings of MIDWEST HOLDING INC (MDWT) is 0.4 USD and the consensus revenue estimate is 25.91M USD.
How many analysts have analysed MIDWEST HOLDING INC (MDWT)?
The number of analysts covering MIDWEST HOLDING INC (MDWT) is 7.