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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Federal student loan payments are starting again. Here's what you need to know
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Federal student loan payments are starting again. Here's what you need to know
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Federal student loan payments are starting again. Here's what you need to know
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor

Medallion Financial (MFIN) Stock Forecast, Price & News

$7.02
-0.03 (-0.43%)
(As of 09/29/2023 ET)
Compare
Today's Range
$6.92
$7.08
50-Day Range
$7.00
$10.24
52-Week Range
$5.64
$10.49
Volume
39,294 shs
Average Volume
50,567 shs
Market Capitalization
$163.99 million
P/E Ratio
3.22
Dividend Yield
4.56%
Price Target
$10.50

Medallion Financial MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
49.6% Upside
$10.50 Price Target
Short Interest
Bearish
6.35% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-19.18%
From $2.19 to $1.77 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Finance Sector

502nd out of 879 stocks

Nondepository Credit Institutions Industry

16th out of 45 stocks


MFIN stock logo

About Medallion Financial (NASDAQ:MFIN) Stock

Medallion Financial Corp., together with its subsidiaries, operates as a finance company in the United States. The company operates through four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and Medallion Lending. It provides loans that finance consumer purchases of recreational vehicles, boats, and trailers; consumer home improvements; commercial businesses; and taxi medallions to individuals, and small to mid-size businesses. The company also offers commercial loans for purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and medallion loans. In addition, it provides debt, mezzanine, and equity investment capital to companies in various industries; and raises deposits and conducts other banking activities. Medallion Financial Corp. was incorporated in 1995 and is headquartered in New York City, New York.

MFIN Price History

MFIN Stock News Headlines

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Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)
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Earnings Outlook For Medallion Finl
MFIN - Medallion Financial Corp.
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Q1 2023 Medallion Financial Corp Earnings Call
See More Headlines
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MFIN Company Calendar

Last Earnings
7/24/2023
Ex-Dividend for 8/31 Dividend
8/14/2023
Dividend Payable
8/31/2023
Today
10/01/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
Current Symbol
NASDAQ:MFIN
Previous Symbol
NASDAQ:TAXI
CUSIP
58392810
Employees
158
Year Founded
1979

Price Target and Rating

Average Stock Price Forecast
$10.50
High Stock Price Forecast
$12.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+49.6%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$43.84 million
Pretax Margin
33.45%

Debt

Sales & Book Value

Annual Sales
$206.15 million
Cash Flow
$2.52 per share
Book Value
$16.16 per share

Miscellaneous

Free Float
18,141,000
Market Cap
$163.99 million
Optionable
Optionable
Beta
2.05

Social Links

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Key Executives

  • Mr. Alvin Murstein (Age 88)
    Chairman & CEO
    Comp: $2.2M
  • Mr. Andrew M. Murstein (Age 59)
    Pres, COO & Non-Independent Director
    Comp: $3.57M
  • Mr. Anthony N. Cutrone (Age 43)
    Exec. VP & CFO
    Comp: $1.18M
  • Mr. David Justin Haley (Age 49)
    Exec. VP & CFO of Medallion Bank
    Comp: $602.78k
  • Mr. Donald S. Poulton (Age 70)
    CEO & Pres of Medallion Bank
    Comp: $1.19M
  • Ms. Marisa T. Silverman (Age 44)
    Exec. VP, Chief Compliance Officer, Gen. Counsel & Sec.
  • Mr. Thomas J. Munson (Age 40)
    Exec. VP & Chief Credit Officer
  • Mr. Dean R. Pickerell (Age 75)
    Acting Pres & Exec. VP of Medallion Capital, Inc.
  • Mr. Alexander S. Travis (Age 46)
    Pres of Medallion Capital Inc.
  • Mr. Stephen A. Lewis (Age 74)
    Sr. VP of Medallion Capital, Inc.













MFIN Stock - Frequently Asked Questions

Should I buy or sell Medallion Financial stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Medallion Financial in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MFIN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MFIN, but not buy additional shares or sell existing shares.
View MFIN analyst ratings
or view top-rated stocks.

What is Medallion Financial's stock price forecast for 2023?

3 equities research analysts have issued 12 month price targets for Medallion Financial's shares. Their MFIN share price forecasts range from $9.00 to $12.00. On average, they predict the company's stock price to reach $10.50 in the next year. This suggests a possible upside of 49.6% from the stock's current price.
View analysts price targets for MFIN
or view top-rated stocks among Wall Street analysts.

How have MFIN shares performed in 2023?

Medallion Financial's stock was trading at $7.14 at the start of the year. Since then, MFIN shares have decreased by 1.7% and is now trading at $7.02.
View the best growth stocks for 2023 here
.

When is Medallion Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our MFIN earnings forecast
.

How were Medallion Financial's earnings last quarter?

Medallion Financial Corp. (NASDAQ:MFIN) announced its earnings results on Monday, July, 24th. The credit services provider reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.25. The credit services provider had revenue of $63.67 million for the quarter, compared to analysts' expectations of $45.40 million. Medallion Financial had a trailing twelve-month return on equity of 13.45% and a net margin of 21.99%. During the same quarter in the prior year, the company earned $0.54 earnings per share.

How often does Medallion Financial pay dividends? What is the dividend yield for Medallion Financial?

Medallion Financial announced a quarterly dividend on Thursday, July 20th. Investors of record on Tuesday, August 15th will be given a dividend of $0.08 per share on Thursday, August 31st. This represents a $0.32 annualized dividend and a dividend yield of 4.56%. The ex-dividend date is Monday, August 14th.
Read our dividend analysis for MFIN
.

Is Medallion Financial a good dividend stock?

Medallion Financial (NASDAQ:MFIN) pays an annual dividend of $0.32 per share and currently has a dividend yield of 4.56%. MFIN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFIN will have a dividend payout ratio of 18.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MFIN.

What other stocks do shareholders of Medallion Financial own?
What is Medallion Financial's stock symbol?

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

How do I buy shares of Medallion Financial?

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

What is Medallion Financial's stock price today?

One share of MFIN stock can currently be purchased for approximately $7.02.

How much money does Medallion Financial make?

Medallion Financial (NASDAQ:MFIN) has a market capitalization of $163.99 million and generates $206.15 million in revenue each year. The credit services provider earns $43.84 million in net income (profit) each year or $2.18 on an earnings per share basis.

How many employees does Medallion Financial have?

The company employs 158 workers across the globe.

Does Medallion Financial have any subsidiaries?
The following companies are subsidiares of Medallion Financial: Freshstart Venture Capital Corp, Medallion Bank, Medallion Capital Inc, and Medallion Funding LLC.
Read More
How can I contact Medallion Financial?

Medallion Financial's mailing address is 437 MADISON AVE 38 TH FLOOR, NEW YORK NY, 10022. The official website for the company is www.medallion.com. The credit services provider can be reached via phone at (212) 328-2100, via email at investorrelations@medallion.com, or via fax at 212-328-2121.

This page (NASDAQ:MFIN) was last updated on 10/1/2023 by MarketBeat.com Staff

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