MDWT Company Profile and Key Details

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.

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.

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.

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.

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.

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.