Midwest Holding (MDWT) Receives a Hold from JMP Securities

JMP Securities analyst Matthew Carletti reiterated a Hold rating on Midwest Holding (MDWTResearch Report) yesterday. The company’s shares closed yesterday at $15.32.

According to TipRanks, Carletti is an analyst with an average return of -3.4% and a 54.42% success rate. Carletti covers the Financial sector, focusing on stocks such as GooseHead Insurance, Palomar Holdings, and Root.

Midwest Holding has an analyst consensus of Hold, with a price target consensus of $15.00.

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The company has a one-year high of $24.19 and a one-year low of $8.85. Currently, Midwest Holding has an average volume of 6,117.

Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MDWT in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Midwest Holding Inc is a financial service holding company. It is engaged in the underwriting and marketing of life insurance products through American Life. The company’s product offerings consist of a multi-benefit life insurance policy that combines cash value life insurance with a tax-deferred annuity and a single premium term life product. These product offerings are underwritten, marketed, and managed as a group of similar products on an overall portfolio basis. Geographically, the activities are carried out through the region of the United States.

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