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Midwest Holding Inc. (MDWT)

NASDAQ Financial Services Insurance - Life
$26.98 ▼ -0.02%
Market Cap
$101.0M
Sector
Financial Services
Industry
Insurance - Life
Beta
0.10
52-Wk Range
12.325-27.5
CEO
Georgette Cecelia Nicholas
Country
US
Currency
USD

Midwest Holding Inc. operates in the Insurance - Life industry of the Financial Services sector, headquartered in Lincoln, NE, US. The stock last traded at $26.98, down 0.02% on the session, giving a market capitalisation of $101.0M. On trailing twelve-month figures it carries a trailing P/E of 128.50, a net margin of 2.6%. Its beta of 0.10 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
128.50
Price / Sales
3.36
Price / Book
4.22
EV / EBITDA
-3.12
Gross margin
46.1%
Operating margin
49.1%
Net margin
2.6%
Return on equity
Debt / equity
1.05
Current ratio
72.25
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ Capital Market
Employees
91
IPO date
2020-12-17
Headquarters
Lincoln, NE, US
About Midwest Holding Inc.

Midwest Holding Inc. functions as a financial services enterprise, primarily engaged in the life and annuity insurance business throughout the United States. The company offers a range of annuity products, including both multi-year guaranteed and fixed indexed options, which are distributed via a network of independent marketing organizations. Furthermore, it extends its services to include asset management for third-party insurers and reinsurers, alongside other administrative offerings such as policy administration. The firm was established in 2003 and is headquartered in Lincoln, Nebraska.

Comparable companies

Midwest Holding Inc. is most often compared with the following Financial Services names:

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