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Midwest Holding NasdaqCM:MDWT Stock Report

Last Price

US$26.99

Market Cap

US$101.1m

7D

0.04%

1Y

103.7%

Updated

23 Dec, 2023

Data

Company Financials +

Midwest Holding Inc.

NasdaqCM:MDWT Stock Report

Market Cap: US$101.1m

MDWT Stock Overview

Midwest Holding Inc., a financial services company, engages in life and annuity insurance business in the United States.

MDWT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for MDWT from our risk checks.

Midwest Holding Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Midwest Holding
Historical stock prices
Current Share PriceUS$26.99
52 Week HighUS$27.50
52 Week LowUS$12.33
Beta0.10
1 Month Change2.62%
3 Month Change3.41%
1 Year Change103.70%
3 Year Change-54.44%
5 Year Change-48.15%
Change since IPO-98.65%

Recent News & Updates

Recent updates

Midwest Holding Inc.'s (NASDAQ:MDWT) Has Found A Path To Profitability

Feb 11
Midwest Holding Inc.'s (NASDAQ:MDWT) Has Found A Path To Profitability

Is Midwest Holding Inc.'s (NASDAQ:MDWT) Shareholder Ownership Skewed Towards Insiders?

Dec 21
Is Midwest Holding Inc.'s (NASDAQ:MDWT) Shareholder Ownership Skewed Towards Insiders?

Shareholder Returns

MDWTUS InsuranceUS Market
7D0.04%3.6%1.2%
1Y103.7%28.5%24.7%

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

Is MDWT's price volatile compared to industry and market?
MDWT volatility
MDWT Average Weekly Movement0.8%
Insurance Industry Average Movement4.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

FoundedEmployeesCEOWebsite
200392Georgette Nicholaswww.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

How do Midwest Holding's earnings and revenue compare to its market cap?
MDWT fundamental statistics
Market capUS$101.07m
Earnings (TTM)-US$9.41m
Revenue (TTM)US$94.04m

1.1x

P/S Ratio

-10.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MDWT income statement (TTM)
RevenueUS$94.04m
Cost of RevenueUS$29.12m
Gross ProfitUS$64.92m
Other ExpensesUS$74.33m
Earnings-US$9.41m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-2.51
Gross Margin69.03%
Net Profit Margin-10.01%
Debt/Equity Ratio113.9%

How did MDWT perform over the long term?

See historical performance and comparison
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