NASDAQ:MFIN - Medallion Financial Stock Price, Forecast & News

Medallion Financial trades on the NASDAQ under the ticker symbol "MFIN."

Medallion Financial Corp (NASDAQ:MFIN) released its quarterly earnings results on Wednesday, October, 30th. The credit services provider reported $0.20 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.11 by $0.09. The credit services provider earned $34.29 million during the quarter, compared to analysts' expectations of $31.09 million. Medallion Financial had a return on equity of 2.71% and a net margin of 4.56%. View Medallion Financial's Earnings History.

Medallion Financial is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Medallion Financial.

3 brokerages have issued 1-year price objectives for Medallion Financial's shares. Their forecasts range from $10.00 to $12.00. On average, they expect Medallion Financial's share price to reach $10.67 in the next twelve months. This suggests a possible upside of 54.8% from the stock's current price. View Analyst Price Targets for Medallion Financial.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Medallion Financial in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Medallion Financial.

Headlines about MFIN stock have been trending extremely negative on Tuesday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Medallion Financial earned a news impact score of -4.0 on InfoTrie's scale. They also assigned news articles about the credit services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Medallion Financial.

Medallion Financial saw a drop in short interest in December. As of December 31st, there was short interest totalling 1,110,000 shares, a drop of 18.4% from the December 15th total of 1,360,000 shares. Based on an average daily volume of 70,600 shares, the days-to-cover ratio is presently 15.7 days. Approximately 5.4% of the company's shares are sold short. View Medallion Financial's Current Options Chain.

Some companies that are related to Medallion Financial include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Northern Trust (NTRS), Ameriprise Financial (AMP), Franklin Resources (BEN), SEI Investments (SEIC), Invesco (IVZ), Ares Capital (ARCC), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM) and Cohen & Steers (CNS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Medallion Financial investors own include IBM (IBM), Rexahn Pharmaceuticals (REXN), Herman Miller (MLHR), Ekso Bionics (EKSO), Adams Diversified Equity Fund (ADX), TheStreet (TST), Energy Transfer LP Unit (ET), iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), Starbucks (SBUX) and Activision Blizzard (ATVI).

Medallion Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Ridgewood Investments LLC (0.05%). Company insiders that own Medallion Financial stock include Allan J Tanenbaum, Alvin Murstein, David L Rudnick, Donald S Poulton and Thomas J Munson. View Institutional Ownership Trends for Medallion Financial.

MFIN stock was sold by a variety of institutional investors in the last quarter, including Ridgewood Investments LLC. View Insider Buying and Selling for Medallion Financial.

Shares of MFIN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of MFIN stock can currently be purchased for approximately $6.89.

Medallion Financial has a market capitalization of $169.56 million and generates $142.84 million in revenue each year. The credit services provider earns $-13,400,000.00 in net income (profit) each year or ($0.54) on an earnings per share basis. Medallion Financial employs 177 workers across the globe.View Additional Information About Medallion Financial.

The official website for Medallion Financial is http://www.medallion.com/.

Medallion Financial's mailing address is 437 MADISON AVENUE 38TH FLOOR, NEW YORK NY, 10022. The credit services provider can be reached via phone at 212-328-2100 or via email at [email protected]