Logo image of MDWT

MIDWEST HOLDING INC (MDWT) Stock Overview

USA - NASDAQ:MDWT - US59833J2069 - Common Stock

26.99 USD
0 (0%)
Last: 12/20/2023, 8:23:45 PM

MDWT Key Statistics, Chart & Performance

Key Statistics
Market Cap100.94M
Revenue(TTM)89.47M
Net Income(TTM)-2360000
Shares3.74M
Float2.80M
52 Week High27.5
52 Week Low12.33
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)-0.7
PEN/A
Fwd PE8.54
Earnings (Next)03-25 2024-03-25/amc
IPO2015-05-14
Sector
GICS SectorFinancials
GICS IndustryInsurance
GICS IndustryGroupInsurance
GICS SubIndustryLife & Health Insurance


MDWT short term performance overview.The bars show the price performance of MDWT in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 1 2 3

MDWT long term performance overview.The bars show the price performance of MDWT in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 50 100

The current stock price of MDWT is 26.99 USD. In the past month the price increased by 2.82%. In the past year, price increased by 103.7%.

MIDWEST HOLDING INC / MDWT Daily stock chart

MDWT Latest News, Press Relases and Analysis

MDWT Competitors/Peers

The largest stocks on the US markets in the "Life & Health Insurance" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
AFL AFLAC INC 14.95 57.32B
MFC MANULIFE FINANCIAL CORP 11.48 55.22B
MET METLIFE INC 9.82 52.32B
PRU PRUDENTIAL FINANCIAL INC 7.68 35.97B
PUK PRUDENTIAL PLC-ADR 15.02 35.21B
SLF SUN LIFE FINANCIAL INC 12.18 34.60B
PFG PRINCIPAL FINANCIAL GROUP 10.38 17.74B
UNM UNUM GROUP 9.2 12.96B
GL GLOBE LIFE INC 9.35 10.82B
PRH PRUDENTIAL FINANCIAL INC - PRU 5.95 09/01/62 1.9 8.88B
PRS PRUDENTIAL FINANCIAL INC - PRU 5 5/8 08/15/58 1.87 8.78B
PRI PRIMERICA INC 12.48 8.56B

About MDWT

Company Profile

MDWT logo image Midwest Holding, Inc. engages in the provision of insurance services. The company is headquartered in Lincoln, Nebraska and currently employs 91 full-time employees. The company went IPO on 2015-05-14. The firm is a technology-enabled, services-oriented annuity platform. The company operates through its wholly owned subsidiaries, American Life & Security Corp. (American Life) and 1505 Capital LLC, as well as through its sponsored captive reinsurance company, Seneca Reinsurance Company, LLC. American Life is licensed to sell, underwrite, and market life insurance and annuity products in 25 states and the District of Columbia. The company designs and develops annuity products that are distributed through independent distribution channels, to a large and growing demographic of United States retirees. The firm originates, manages, and typically transfers these annuities through reinsurance arrangements to asset managers and other third-party investors. The company also provides the operational and regulatory infrastructure and expertise to enable asset managers and third-party investors to form and manage their own reinsurance capital vehicles.

Company Info

MIDWEST HOLDING INC

2900 South 70Th Street, Suite 400

Lincoln NEBRASKA 68506 US

CEO: Michael Minnich

Employees: 91

MDWT Company Website

Phone: 14024898266

MIDWEST HOLDING INC / MDWT FAQ

Can you describe the business of MIDWEST HOLDING INC?

Midwest Holding, Inc. engages in the provision of insurance services. The company is headquartered in Lincoln, Nebraska and currently employs 91 full-time employees. The company went IPO on 2015-05-14. The firm is a technology-enabled, services-oriented annuity platform. The company operates through its wholly owned subsidiaries, American Life & Security Corp. (American Life) and 1505 Capital LLC, as well as through its sponsored captive reinsurance company, Seneca Reinsurance Company, LLC. American Life is licensed to sell, underwrite, and market life insurance and annuity products in 25 states and the District of Columbia. The company designs and develops annuity products that are distributed through independent distribution channels, to a large and growing demographic of United States retirees. The firm originates, manages, and typically transfers these annuities through reinsurance arrangements to asset managers and other third-party investors. The company also provides the operational and regulatory infrastructure and expertise to enable asset managers and third-party investors to form and manage their own reinsurance capital vehicles.


Can you provide the latest stock price for MIDWEST HOLDING INC?

The current stock price of MDWT is 26.99 USD.


Does MIDWEST HOLDING INC pay dividends?

MDWT does not pay a dividend.


How is the ChartMill rating for MIDWEST HOLDING INC?

MDWT has a ChartMill Technical rating of 9 out of 10 and a ChartMill Fundamental rating of 3 out of 10.


Can you provide the sector and industry classification for MIDWEST HOLDING INC?

MIDWEST HOLDING INC (MDWT) operates in the Financials sector and the Insurance industry.


Is MIDWEST HOLDING INC (MDWT) stock a good buy?

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on MDWT.


Can you provide the market cap for MIDWEST HOLDING INC?

MIDWEST HOLDING INC (MDWT) has a market capitalization of 100.94M USD. This makes MDWT a Micro Cap stock.


MDWT Technical Analysis

ChartMill assigns a technical rating of 9 / 10 to MDWT. When comparing the yearly performance of all stocks, MDWT is one of the better performing stocks in the market, outperforming 93.95% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

MDWT Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to MDWT. Both the profitability and financial health of MDWT have multiple concerns.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

MDWT Financial Highlights

Over the last trailing twelve months MDWT reported a non-GAAP Earnings per Share(EPS) of -0.7. The EPS increased by 57.32% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA -0.1%
ROE -17.23%
Debt/Equity 1.82
Chartmill High Growth Momentum
EPS Q2Q%-233.33%
Sales Q2Q%1733.93%
EPS 1Y (TTM)57.32%
Revenue 1Y (TTM)378.45%

MDWT Forecast & Estimates

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.

For the next year, analysts expect an EPS growth of 828.57% and a revenue growth 73.04% for MDWT


Analysts
Analysts45.71
Price Target27.54 (2.04%)
EPS Next Y828.57%
Revenue Next Year73.04%

MDWT Ownership

Ownership
Inst Owners1%
Ins Owners8033.91%
Short Float %N/A
Short RatioN/A