MDWT Company Profile and Key Details

Short-term trend indicators are bearishly aligned (SMA20 1.51%, SMA50 2.47%, SMA200 11.63%). The stock’s 14-day RSI is 71.01 (overbought), while the ATR of 0.13 points to tighter daily ranges. The stock remains hovering near 52-week lows, trading -1.85% below its high and over 118.99% above its low.

The latest quarter delivered EPS of $0.65. The next quarter is forecast at $0.40. Next year's EPS is expected at $20.69. Midwest Holding Inc. earnings surprise history is a mixed track record. The quarter that ended November 13, 2023, missed forecasts by 1.56%. The prior quarter beat by 543.59%. Over the last six quarters, Apple has recorded several small beats. These include 271.43% in August 15, 2022.

Midwest Holding Inc. last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $64.83. This means the shares are trading below this model’s fair value.

Our AI price prediction model suggests that Midwest Holding Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 0.07%, with price expected at $27.01 by January 12, 2024, within a range of $26.80 to $27.21 3-Month Outlook: Projected fall of -71.62%, reaching $7.66 by February 01, 2024, with a range of $5.60 to $8.43. 1-Year Outlook: Projected gain of 414.78%, with price at $138.94 by December 26, 2024, within a range of $133.74 to $143.57.

Midwest Holding Inc. (NASDAQ:MDWT) shares are up 111.85% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Midwest Holding Inc. trading at a premium to the broader market with a P/E of 127.46. Analyst sentiment is mixed, with the majority of ratings in Neutral territory and a mean price target of $14.67, suggesting -45.65% downside. Our AI forecast model points to short-term strength (0.07% over two weeks), a medium-term fall (-71.62% over three months), and a longer-term gain (414.78% over one year), with expected trading ranges indicating moderate volatility.

The stock is currently within 5% of its 52-week high $12.32 and $27.50. With a market capitalization of about $101.05 million, Midwest Holding Inc. is classified as a micro-cap and shows lower-than-market volatility (beta ~0.10). Key stats such as the average daily volume over the past year has been around 8.32 thousand shares, volume is running light vs its 52-week average. Headquartered in Lincoln, NE, Midwest Holding Inc. operates in the Financial Services sector and the Insurance - Life industry. Led by CEO Georgette Cecelia Nicholas, the company employs approximately 91 people and listed since December 17, 2020. Midwest Holding Inc., a financial services company, engages in life and annuity insurance business in the United States.

Midwest Holding Inc. trades at a P/E ratio of 127.46, slightly above the S&P 500 average, with a price-to-sales ratio of 3.36 and a price-to-book ratio of 4.22 trading at moderately above to book value. The P/FCF stands at 1.42, also below market averages.