Positive News SentimentPositive NewsNASDAQ:MFIN Medallion Financial (MFIN) Stock Forecast, Price & News $7.02 -0.03 (-0.43%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$6.92▼$7.0850-Day Range$7.00▼$10.2452-Week Range$5.64▼$10.49Volume39,294 shsAverage Volume50,567 shsMarket Capitalization$163.99 millionP/E Ratio3.22Dividend Yield4.56%Price Target$10.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Medallion Financial MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside49.6% Upside$10.50 Price TargetShort InterestBearish6.35% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-19.18%From $2.19 to $1.77 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector502nd out of 879 stocksNondepository Credit Institutions Industry16th out of 45 stocks 3.2 Analyst's Opinion Consensus RatingMedallion Financial has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.50, Medallion Financial has a forecasted upside of 49.6% from its current price of $7.02.Amount of Analyst CoverageMedallion Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted6.35% of the float of Medallion Financial has been sold short.Short Interest Ratio / Days to CoverMedallion Financial has a short interest ratio ("days to cover") of 14.4, which indicates bearish sentiment.Change versus previous monthShort interest in Medallion Financial has recently increased by 1.87%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipMedallion Financial is a leading dividend payer. It pays a dividend yield of 4.56%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMedallion Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Medallion Financial is 14.68%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Medallion Financial will have a dividend payout ratio of 18.08% next year. This indicates that Medallion Financial will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MFIN. Previous Next 2.7 News and Social Media Coverage News SentimentMedallion Financial has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Medallion Financial this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Medallion Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Medallion Financial insiders have not sold or bought any company stock.Percentage Held by Insiders22.35% of the stock of Medallion Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 19.09% of the stock of Medallion Financial is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Medallion Financial are expected to decrease by -19.18% in the coming year, from $2.19 to $1.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Medallion Financial is 3.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Medallion Financial is 3.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 65.81.Price to Book Value per Share RatioMedallion Financial has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Medallion Financial (NASDAQ:MFIN) StockMedallion 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.Read More MFIN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MFIN Stock News HeadlinesAugust 24, 2023 | finance.yahoo.comZacks.com featured highlights KB Home, Medallion Financial, ePlus, Charles River and PagSeguro DigitalAugust 16, 2023 | finance.yahoo.com15 Cheapest CBI Programs in 2023October 1, 2023 | Legacy Research (Ad)Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”August 15, 2023 | finance.yahoo.comHere's Why Medallion Financial (MFIN) Is a Great 'Buy the Bottom' Stock NowAugust 3, 2023 | msn.comB. Riley Securities Maintains Medallion Financial (MFIN) Buy RecommendationJuly 28, 2023 | benzinga.comMedallion Bank Reports 2023 Second Quarter Results and Declares Series F Preferred Stock DividendJuly 28, 2023 | finanznachrichten.deMedallion Financial Corp.: Medallion Bank Reports 2023 Second Quarter Results and Declares Series F Preferred Stock DividendJuly 24, 2023 | finance.yahoo.comMedallion Financial Corp. Reports 2023 Second Quarter ResultsOctober 1, 2023 | Legacy Research (Ad)Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”July 24, 2023 | finance.yahoo.comMedallion Financial (MFIN) Tops Q2 Earnings and Revenue EstimatesJuly 21, 2023 | benzinga.comEarnings Outlook For Medallion FinlJuly 20, 2023 | finance.yahoo.comMedallion Financial Corp. to Report 2023 Second Quarter Results on Monday, July 24, 2023June 22, 2023 | finance.yahoo.comMFIN - Medallion Financial Corp.June 21, 2023 | benzinga.comMedallion Financial Corp Files For Mixed Shelf Of Up To $100MJune 18, 2023 | finance.yahoo.comSeveral Insiders Invested In Medallion Financial Flagging Positive NewsJune 18, 2023 | finance.yahoo.comSeveral Insiders Invested In Medallion Financial Flagging Positive News \June 16, 2023 | finance.yahoo.com3 Safe Stocks to Buy for Stability and IncomeJune 1, 2023 | finance.yahoo.comMedallion Bank Announces Fintech Strategic Partnership With CreditWorksMay 28, 2023 | finance.yahoo.comInsiders own 29% of Medallion Financial Corp. (NASDAQ:MFIN) shares but individual investors control 44% of the companyMay 19, 2023 | finance.yahoo.comMedallion Financial Corp. to Participate in Upcoming Investor ConferenceMay 7, 2023 | finance.yahoo.comMedallion Financial Corp. (NASDAQ:MFIN) Passed Our Checks, And It's About To Pay A US$0.08 DividendMay 4, 2023 | finance.yahoo.comMedallion Financial Corp. (NASDAQ:MFIN) Q1 2023 Earnings Call TranscriptMay 4, 2023 | msn.comMedallion Financial (MFIN) Declares $0.08 DividendMay 3, 2023 | finance.yahoo.comQ1 2023 Medallion Financial Corp Earnings CallMay 1, 2023 | finance.yahoo.comMedallion Financial Corp. Reports 2023 First Quarter ResultsMay 1, 2023 | finance.yahoo.comMedallion Financial (MFIN) Beats Q1 Earnings and Revenue EstimatesApril 29, 2023 | finanznachrichten.deMedallion Financial Corp.: Medallion Bank Reports 2023 First Quarter Results and Declares Series F Preferred Stock DividendSee More Headlines Receive MFIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Medallion Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address MFIN Company Calendar Last Earnings7/24/2023Ex-Dividend for 8/31 Dividend8/14/2023Dividend Payable8/31/2023Today10/01/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Nondepository credit institutions Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNASDAQ:MFIN Previous SymbolNASDAQ:TAXI CUSIP58392810 CIK1000209 Webwww.medallion.com Phone(212) 328-2100Fax212-328-2121Employees158Year Founded1979Price 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 RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.18 Trailing P/E Ratio3.22 Forward P/E Ratio3.21 P/E GrowthN/ANet Income$43.84 million Net Margins21.99% Pretax Margin33.45% Return on Equity13.45% Return on Assets2.15% Debt Debt-to-Equity Ratio0.46 Current Ratio1.16 Quick Ratio1.16 Sales & Book Value Annual Sales$206.15 million Price / Sales0.80 Cash Flow$2.52 per share Price / Cash Flow2.79 Book Value$16.16 per share Price / Book0.43Miscellaneous Outstanding Shares23,360,000Free Float18,141,000Market Cap$163.99 million OptionableOptionable Beta2.05 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Alvin Murstein (Age 88)Chairman & CEO Comp: $2.2MMr. Andrew M. Murstein (Age 59)Pres, COO & Non-Independent Director Comp: $3.57MMr. Anthony N. Cutrone (Age 43)Exec. VP & CFO Comp: $1.18MMr. David Justin Haley (Age 49)Exec. VP & CFO of Medallion Bank Comp: $602.78kMr. Donald S. Poulton (Age 70)CEO & Pres of Medallion Bank Comp: $1.19MMs. 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. More ExecutivesKey CompetitorsSecurity National FinancialNASDAQ:SNFCAConsumer Portfolio ServicesNASDAQ:CPSSX FinancialNYSE:XYFBitcoin DepotNASDAQ:BTMOportun FinancialNASDAQ:OPRTView All CompetitorsInstitutional OwnershipGamco Investors INC. ET ALSold 5,000 shares on 8/15/2023Ownership: 0.706%Corsair Capital Management L.P.Sold 2,865 shares on 8/15/2023Ownership: 0.303%Goldman Sachs Group Inc.Sold 7,069 shares on 8/15/2023Ownership: 0.081%Royal Bank of CanadaBought 1,958 shares on 8/15/2023Ownership: 0.068%Citadel Advisors LLCSold 1,100 shares on 8/15/2023Ownership: 0.000%View All Institutional Transactions 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? Based on aggregate information from My MarketBeat watchlists, some companies that other Medallion Financial investors own include International Business Machines (IBM), Rexahn Pharmaceuticals (REXN), Ekso Bionics (EKSO), Herman Miller (MLHR), Adams Diversified Equity Fund (ADX), Energy Transfer (ET), iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), TheStreet (TST), Starbucks (SBUX) and Activision Blizzard (ATVI). 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. 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