Medallion Financial Corp., through with its subsidiaries, operates as a specialty finance company in the United States. It originates, acquires, and services loans that finance taxicab medallions and various types of commercial businesses. The company offers consumer loans for the purchase of recreational vehicles, boats, motorcycles, and trailers, as well as to finance small scale home improvements; and commercial loans for the purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business. It also provides secured mezzanine loans to businesses in various industries, including manufacturing, and various service providers; and asset based loans. In addition, the company offers other secured commercial loans to various businesses comprising retail trade and various service providers; and other debt, mezzanine, and equity investment capital to companies in various industries. Further, it raises deposits and conducts other banking activities. Medallion Financial Corp. was founded in 1995 and is headquartered in New York City, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Nondepository credit institutions
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNASDAQ:MFIN
CUSIP58392810
Phone212-328-2100
Debt
Debt-to-Equity Ratio0.53
Current Ratio1.08
Quick Ratio1.08
Price-To-Earnings
Trailing P/E Ratio21.97
Forward P/E Ratio-4.23
P/E GrowthN/A
Sales & Book Value
Annual Sales$19.71 million
Price / Sales8.44
Cash Flow$0.3514 per share
Price / Cash19.38
Book Value$11.80 per share
Price / Book0.58
Profitability
EPS (Most Recent Fiscal Year)$0.31
Net Income$-7,120,000.00
Net Margins-47.96%
Return on Equity-8.25%
Return on Assets-2.70%
Miscellaneous
Employees138
Outstanding Shares24,440,000
Market Cap$170.34 million
Medallion Financial (NASDAQ:MFIN) Frequently Asked Questions
What is Medallion Financial's stock symbol?
Medallion Financial trades on the NASDAQ under the ticker symbol "MFIN."
How were Medallion Financial's earnings last quarter?
Medallion Financial Corp (NASDAQ:MFIN) issued its quarterly earnings results on Tuesday, August, 14th. The credit services provider reported ($0.32) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.12) by $0.20. The credit services provider earned $29.60 million during the quarter. Medallion Financial had a negative net margin of 47.96% and a negative return on equity of 8.25%. View Medallion Financial's Earnings History.
When is Medallion Financial's next earnings date?
What price target have analysts set for MFIN?
3 Wall Street analysts have issued 1-year price objectives for Medallion Financial's stock. Their forecasts range from $5.00 to $10.00. On average, they expect Medallion Financial's stock price to reach $8.3333 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View Analyst Price Targets for Medallion Financial.
What is the consensus analysts' recommendation for Medallion Financial?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Medallion Financial in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Medallion Financial.
Who are some of Medallion Financial's key competitors?
Some companies that are related to Medallion Financial include Everi (EVRI), On Deck Capital (ONDK), Hexindai (HX), America First Multifamily Investors (ATAX), WMIH (WMIH), Elevate Credit (ELVT), WMIH (COOP), Easterly Acquisition (EACQ), China Rapid Finance (XRF), Senmiao Technology (AIHS), Golden Bull (DNJR), Security National Financial (SNFCA), Consumer Portfolio Services (CPSS), Harvest Capital Credit (HCAP) and NowAuto Group (CAFI).
Who are Medallion Financial's key executives?
Medallion Financial's management team includes the folowing people:
- Mr. Alvin Murstein, Chairman & CEO (Age 83)
- Mr. Andrew M. Murstein, Pres, COO & Non-Independent Director (Age 54)
- Mr. Larry D. Hall, Sr. VP & CFO (Age 64)
- Mr. Donald S. Poulton, CEO & Pres of Medallion Bank (Age 65)
- Alex Arzeno, Director of Investor Relations & Communications
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Medallion Financial's stock price today?
One share of MFIN stock can currently be purchased for approximately $6.81.
How big of a company is Medallion Financial?
Medallion Financial has a market capitalization of $170.34 million and generates $19.71 million in revenue each year. The credit services provider earns $-7,120,000.00 in net income (profit) each year or $0.31 on an earnings per share basis. Medallion Financial employs 138 workers across the globe.
What is Medallion Financial's official website?
How can I contact Medallion Financial?
Medallion Financial's mailing address is 437 MADISON AVE 38 TH FLOOR, NEW YORK NY, 10022. The credit services provider can be reached via phone at 212-328-2100 or via email at [email protected]
MarketBeat Community Rating for Medallion Financial (NASDAQ MFIN)
MarketBeat's community ratings are surveys of what our community members think about Medallion Financial and other stocks. Vote "Outperform" if you believe MFIN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MFIN will underperform the S&P 500 over the long term. You may vote once every thirty days.
