FeesSafety
Pluang+

MidCap Financial cancels Q3 earnings call amid merger agreement with Ares Capital.

30 Oct 2026, 23:15 WIB
GlobeNewsWire
View Source
Neutral
MidCap Financial cancels Q3 earnings call amid merger agreement with Ares Capital.

MidCap Financial Investment Corporation announced it will not hold its Q3 2026 earnings conference call due to its pending acquisition by Ares Capital Corporation under a definitive merger agreement. The company will still release its Q3 financial results as scheduled on November 5, 2026. This merger is significant as it combines two major business development companies, potentially enhancing investment opportunities and operational efficiencies. Investors should watch for further updates and regulatory approvals as the transaction progresses.

As of Oct 31, 2026 03:21 WIB, Ares Capital Corporation (ARCC) trades at USD 19.10, closer to its 52-week low of USD 17.45 than its high of USD 21.02, with a modest 1-day decline of 0.10%. In contrast, Ares Management Corporation (ARES) is priced at USD 128.48, well below its 52-week high of USD 178.28 but above its low of USD 96.50, showing a 1-day gain of 0.79%. This difference in price movement and dividend yield—10.04% for ARCC versus 4.24% for ARES—reflects varied investor sentiment and holding patterns on Pluang, where ARCC has a typical hold time of 129 days compared to just 4 days for ARES.

More News (ARCC)

Diversified dividend portfolio targets 5.59% yield and 6.16% growth with ETFs and top stocks.

Diversified dividend portfolio targets 5.59% yield and 6.16% growth with ETFs and top stocks.

The article outlines a diversified dividend portfolio combining ETFs, funds, and high-yield stocks to achieve a 5.59% average dividend yield and a 6.16% annual dividend growth over five years. Key holdings include Schwab U.S. Dividend Equity ETF, Mic...

Analyst Insights
Bullish
6 hours ago
Ares Capital Corp rated HOLD as earnings dip and NAV falls, with acquisition risks ahead.

Ares Capital Corp rated HOLD as earnings dip and NAV falls, with acquisition risks ahead.

Ares Capital Corp is rated HOLD due to mixed financial results, including a drop in net investment income and core earnings per share to $0.46, which is below the $0.48 dividend payout. The company's net asset value has declined for four consecutive ...

Analyst Insights
Neutral
14 hours ago
ARCC buys MFIC at 30% premium, setting new benchmark for BDC asset values.

ARCC buys MFIC at 30% premium, setting new benchmark for BDC asset values.

ARCC acquired MidCap Financial Investment Corp. (MFIC) at a 30% premium, valuing MFIC's loan portfolio at 0.75–0.85 times its net asset value (NAV). This deal establishes a new reference price for Business Development Company (BDC) assets. ARCC remai...

Market News
Bullish
1 day ago
Ares Capital offers 10% yield with strong liquidity despite weak Q3, seen as a buy opportunity.

Ares Capital offers 10% yield with strong liquidity despite weak Q3, seen as a buy opportunity.

Ares Capital (ARCC) is trading below its net asset value, offering an attractive 10% yield for investors. Although the company reported slightly weak third-quarter results, it has started Q4 with strong investment commitments and ample liquidity to s...

Market News
Bullish
2 days ago
Class action firm investigates MidCap Financial's $10.88/share sale to Ares Capital for fairness.

Class action firm investigates MidCap Financial's $10.88/share sale to Ares Capital for fairness.

Monteverde & Associates PC, a top-ranked class action law firm, is investigating the sale of MidCap Financial Investment Corporation to Ares Capital Corporation. Under the deal, MidCap shareholders will receive $1.21 in cash plus shares of Ares Capit...

Market News
Neutral
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App