Logo image of MDWT

MIDWEST HOLDING INC (MDWT) Stock Price, Quote, News and Overview

NASDAQ:MDWT - Nasdaq - US59833J2069 - Common Stock - Currency: USD

26.99  0 (0%)

MDWT Quote, Performance and Key Statistics

MIDWEST HOLDING INC

NASDAQ:MDWT (12/20/2023, 8:23:45 PM)

26.99

0 (0%)

Sector
GICS SectorFinancials
GICS IndustryInsurance
GICS IndustryGroupInsurance
GICS SubIndustryLife & Health Insurance
Statistics
52 Week High27.5
52 Week Low12.33
Market Cap100.94M
Shares3.74M
Float2.80M
Yearly DividendN/A
Dividend YieldN/A
PEN/A
Fwd PE8.54
Earnings (Next)03-25 2024-03-25/amc
IPO05-14 2015-05-14


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 Releases and Analysis

News Image
a year ago - Midwest Holding Inc.

Midwest Holding Inc. Completes Acquisition by Antarctica Capital

/PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), a technology-driven life and annuity platform, and Antarctica Capital ("Antarctica"), an...

News Image
a year ago - Midwest Holding Inc.

Nebraska Department of Insurance Approves Acquisition of Midwest Holding Inc. by Antarctica Capital

/PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), a technology-driven life and annuity platform, and Antarctica Capital ("Antarctica"), an...

News Image
a year ago - Midwest Holding Inc.

Midwest Holding Inc. Reports Third Quarter 2023 Results

/PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), today announced financial results for the quarter and nine months ended September 30, 2023....

News Image
a year ago - Midwest Holding Inc.

American Life & Security Corp., a subsidiary of Midwest Holding Inc., is proud to announce the launch of an exciting new annuity product

/PRNewswire/ -- American Life & Security Corp., a subsidiary of Midwest Holding Inc. (NASDAQ: MDWT), is proud to announce the launch of an exciting new annuity...

News Image
1 years ago - Midwest Holding Inc.

Midwest Holding Inc. Reports Second Quarter 2023 Results

/PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), today announced financial results for the quarter and six months ended June 30, 2023....

MDWT Competitors/Peers

The largest stocks on the US markets in the "Life & Health Insurance" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
AFL AFLAC INC 15.47 59.28B
MET METLIFE INC 10.7 59.19B
MFC MANULIFE FINANCIAL CORP 11.23 51.33B
PRU PRUDENTIAL FINANCIAL INC 9.46 42.44B
SLF SUN LIFE FINANCIAL INC 12.39 32.82B
PUK PRUDENTIAL PLC-ADR 24.79 21.57B
PFG PRINCIPAL FINANCIAL GROUP 11.79 18.52B
UNM UNUM GROUP 9.3 13.92B
AEG AEGON LTD-NY REG SHR N/A 10.75B
GL GLOBE LIFE INC 10.17 10.28B
PRI PRIMERICA INC 15.65 9.69B
PRH PRUDENTIAL FINANCIAL INC - PRU 5.95 09/01/62 2 8.96B

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

Company Website: https://www.midwestholding.com/

Phone: 14024898266

MDWT FAQ

What is the stock price of MDWT?

The current stock price of MDWT is 26.99 USD.


What is the symbol for MIDWEST HOLDING INC stock?

The exchange symbol of MIDWEST HOLDING INC is MDWT and it is listed on the Nasdaq exchange.


On which exchange is MDWT stock listed?

MDWT stock is listed on the Nasdaq exchange.


Is MDWT a good stock to buy?

Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for MDWT, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of MDWT.


Does MDWT stock pay dividends?

MDWT does not pay a dividend.


When does MDWT stock report earnings?

MDWT will report earnings on 2024-03-25, after the market close.


What is the Price/Earnings (PE) ratio of MDWT?

MDWT does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.7).


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. MDWT has a bad profitability rating. Also its financial health evaluation is rather negative.


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 Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 46% to MDWT. The Buy consensus is the average rating of analysts ratings from 7 analysts.

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


Ownership
Inst Owners1%
Ins Owners8033.91%
Short Float %N/A
Short RatioN/A
Analysts
Analysts45.71
Price Target27.54 (2.04%)
EPS Next Y828.57%
Revenue Next Year73.04%