This company has been acquired
MDWT Stock Overview
Midwest Holding Inc., a financial services company, engages in life and annuity insurance business in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for MDWT from our risk checks.
My Notes
Capture your thoughts, links and company narrative
Midwest Holding Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$26.99 |
| 52 Week High | US$27.50 |
| 52 Week Low | US$12.33 |
| Beta | 0.10 |
| 1 Month Change | 2.62% |
| 3 Month Change | 3.41% |
| 1 Year Change | 103.70% |
| 3 Year Change | -54.44% |
| 5 Year Change | -48.15% |
| Change since IPO | -98.65% |
Recent News & Updates
Shareholder Returns
| MDWT | US Insurance | US Market | |
|---|---|---|---|
| 7D | 0.04% | -1.0% | 0.4% |
| 1Y | 103.7% | 21.6% | 23.1% |
Return vs Industry: MDWT exceeded the US Insurance industry which returned 8.1% over the past year.
Return vs Market: MDWT exceeded the US Market which returned 23.4% over the past year.
Price Volatility
| MDWT volatility | |
|---|---|
| MDWT Average Weekly Movement | 0.8% |
| Insurance Industry Average Movement | 4.0% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 18.7% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: MDWT has not had significant price volatility in the past 3 months.
Volatility Over Time: MDWT's weekly volatility has decreased from 13% to 1% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 92 | Georgette Nicholas | www.midwestholding.com |
Midwest Holding Inc., a financial services company, engages in life and annuity insurance business in the United States. The company offers multi-year guaranteed and fixed indexed annuity products through independent distributors comprising independent marketing organizations. It also provides asset management services to third-party insurers and reinsurers; and product development, distribution support, policy administration, and asset/liability management services.
Midwest Holding Inc. Fundamentals Summary
| MDWT fundamental statistics | |
|---|---|
| Market cap | US$101.07m |
| Earnings (TTM) | -US$9.41m |
| Revenue (TTM) | US$94.04m |
1.1x
P/S Ratio-10.7x
P/E RatioIs MDWT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MDWT income statement (TTM) | |
|---|---|
| Revenue | US$94.04m |
| Cost of Revenue | US$29.12m |
| Gross Profit | US$64.92m |
| Other Expenses | US$74.33m |
| Earnings | -US$9.41m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.51 |
| Gross Margin | 69.03% |
| Net Profit Margin | -10.01% |
| Debt/Equity Ratio | 113.9% |
How did MDWT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/23 22:10 |
| End of Day Share Price | 2023/12/20 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Midwest Holding Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Carletti | JMP Securities |
| John Barnidge | Piper Sandler Companies |