Positive News SentimentPositive NewsNASDAQ:MFIN Medallion Financial (MFIN) Stock Forecast, Price & News $7.07 +0.06 (+0.86%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$6.73▼$7.1050-Day Range$5.77▼$7.7052-Week Range$5.42▼$9.35Volume62,834 shsAverage Volume53,928 shsMarket Capitalization$164.87 millionP/E Ratio3.37Dividend Yield4.53%Price Target$9.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Medallion Financial MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside34.4% Upside$9.50 Price TargetShort InterestBearish6.81% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-10.23%From $1.76 to $1.58 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.2.38 out of 5 starsFinance Sector472nd out of 855 stocksNondepository Credit Institutions Industry13th out of 40 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 $9.50, Medallion Financial has a forecasted upside of 34.4% from its current price of $7.07.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 Shorted6.81% 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 18.9, which indicates bearish sentiment.Change versus previous monthShort interest in Medallion Financial has recently increased by 2.68%, 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 15.24%. 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 20.25% 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 3.2 News and Social Media Coverage News SentimentMedallion Financial has a news sentiment score of 1.68. 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 0.64 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.Search Interest7 people have searched for MFIN on MarketBeat in the last 30 days. This is an increase of 40% 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 Insiders20.12% 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 26.93% 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 -10.23% in the coming year, from $1.76 to $1.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Medallion Financial is 3.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Medallion Financial is 3.37, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 153.01.Price to Book Value per Share RatioMedallion Financial has a P/B Ratio of 0.44. 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) StockActs as Private Equity FundRead More 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 Stock News HeadlinesJune 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 companyJune 5, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 21, 2023 | americanbankingnews.comMedallion Financial (NASDAQ:MFIN) Earns Buy Rating from Analysts at StockNews.comMay 19, 2023 | finance.yahoo.comMedallion Financial Corp. to Participate in Upcoming Investor ConferenceMay 17, 2023 | americanbankingnews.comB. Riley Brokers Increase Earnings Estimates for Medallion Financial Corp. (NASDAQ:MFIN)May 11, 2023 | americanbankingnews.comMedallion Financial Corp. (NASDAQ:MFIN) Plans $0.08 Quarterly DividendMay 7, 2023 | finance.yahoo.comMedallion Financial Corp. (NASDAQ:MFIN) Passed Our Checks, And It's About To Pay A US$0.08 DividendJune 5, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 6, 2023 | americanbankingnews.comNorthland Capmk Comments on Medallion Financial Corp.'s Q2 2023 Earnings (NASDAQ:MFIN)May 5, 2023 | americanbankingnews.comNorthland Capmk Weighs in on Medallion Financial Corp.'s Q3 2023 Earnings (NASDAQ:MFIN)May 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 30, 2023 | americanbankingnews.comMedallion Financial (NASDAQ:MFIN) Upgraded by StockNews.com to BuyApril 30, 2023 | americanbankingnews.comMedallion Financial (MFIN) to Release Earnings on MondayApril 29, 2023 | finanznachrichten.deMedallion Financial Corp.: Medallion Bank Reports 2023 First Quarter Results and Declares Series F Preferred Stock DividendApril 28, 2023 | finance.yahoo.comMedallion Bank Reports 2023 First Quarter Results and Declares Series F Preferred Stock DividendApril 24, 2023 | finance.yahoo.comMedallion Financial Corp. to Report 2023 First Quarter Results on Monday, May 1, 2023April 22, 2023 | americanbankingnews.comMedallion Financial Corp. (NASDAQ:MFIN) Sees Large Growth in Short InterestApril 9, 2023 | americanbankingnews.comMedallion Financial (NASDAQ:MFIN) Lowered to "Hold" at StockNews.comApril 4, 2023 | msn.comLadenburg Thalmann Initiates Coverage of Medallion Financial (MFIN) with Neutral RecommendationApril 3, 2023 | thestreet.comBusiness Travelers Continue Mass Migration to Uber; Lenders Under PressureApril 3, 2023 | americanbankingnews.comMedallion Financial (NASDAQ:MFIN) Coverage Initiated by Analysts at LADENBURG THALM/SH SHApril 3, 2023 | americanbankingnews.comMedallion Financial (NASDAQ:MFIN) Earns Neutral Rating from Analysts at LADENBURG THALM/SH SHSee More Headlines MFIN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MFIN Company Calendar Last Earnings2/13/2023Ex-Dividend for 3/31 Dividend3/14/2023Dividend Payable3/31/2023Ex-Dividend for 5/31 Dividend5/12/2023Dividend Payable5/31/2023Today6/05/2023Next Earnings (Estimated)7/26/2023Fiscal 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) 328-2100Fax212-328-2121Employees136Year Founded1979Price Target and Rating Average Stock Price Forecast$9.50 High Stock Price Forecast$10.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+34.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.10 Trailing P/E Ratio3.37 Forward P/E Ratio4.02 P/E GrowthN/ANet Income$43.84 million Net Margins22.51% Pretax Margin34.17% Return on Equity13.44% Return on Assets2.21% Debt Debt-to-Equity Ratio0.47 Current Ratio1.17 Quick Ratio1.17 Sales & Book Value Annual Sales$206.15 million Price / Sales0.80 Cash Flow$2.54 per share Price / Cash Flow2.78 Book Value$16.16 per share Price / Book0.44Miscellaneous Outstanding Shares23,320,000Free Float18,630,000Market Cap$164.87 million OptionableOptionable Beta1.97 Social Links Key ExecutivesAlvin MursteinChairman & Chief Executive OfficerAndrew Mead MursteinPresident, COO & Non-Independent DirectorAnthony N. CutroneChief Financial Officer & Executive Vice PresidentMarisa T. SilvermanSecretary & Chief Compliance OfficerThomas MunsonChief Credit Officer & Executive Vice PresidentKey CompetitorsSecurity National FinancialNASDAQ:SNFCAOportun FinancialNASDAQ:OPRTX FinancialNYSE:XYFCNFinanceNYSE:CNF9FNASDAQ:JFUView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Sold 7,592 shares on 5/18/2023Ownership: 0.058%Arrowstreet Capital Limited PartnershipBought 10,488 shares on 5/16/2023Ownership: 0.294%Jane Street Group LLCBought 67,541 shares on 5/16/2023Ownership: 0.290%Susquehanna International Group LLPBought 34,100 shares on 5/16/2023Ownership: 0.000%Two Sigma Investments LPSold 4,100 shares on 5/15/2023Ownership: 0.044%View All Institutional Transactions MFIN Stock - Frequently Asked Questions Should I buy or sell Medallion Financial stock right now? 3 Wall Street equities research 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 equities research 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 analysts have issued 1-year price targets for Medallion Financial's stock. Their MFIN share price forecasts range from $9.00 to $10.00. On average, they predict the company's stock price to reach $9.50 in the next twelve months. This suggests a possible upside of 34.4% 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 beginning of the year. Since then, MFIN shares have decreased by 1.0% and is now trading at $7.07. 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 Wednesday, July 26th 2023. View our MFIN earnings forecast. How were Medallion Financial's earnings last quarter? Medallion Financial Corp. (NASDAQ:MFIN) released its quarterly earnings results on Monday, February, 13th. The credit services provider reported $0.30 EPS for the quarter, hitting the consensus estimate of $0.30. Medallion Financial had a trailing twelve-month return on equity of 13.44% and a net margin of 22.51%. How often does Medallion Financial pay dividends? What is the dividend yield for Medallion Financial? Medallion Financial announced a quarterly dividend on Monday, May 1st. Stockholders of record on Monday, May 15th will be given a dividend of $0.08 per share on Wednesday, May 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date is Friday, May 12th. 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 15.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFIN will have a dividend payout ratio of 20.25% 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." Who are Medallion Financial's major shareholders? Medallion Financial's stock is owned by a number of retail and institutional investors. Top institutional investors include Tieton Capital Management LLC (3.66%), Stifel Financial Corp (1.16%), O Shaughnessy Asset Management LLC (0.40%), LSV Asset Management (0.32%), Corsair Capital Management L.P. (0.32%) and Arrowstreet Capital Limited Partnership (0.29%). View institutional ownership trends. 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 $7.07. How much money does Medallion Financial make? Medallion Financial (NASDAQ:MFIN) has a market capitalization of $164.87 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 $2.10 on an earnings per share basis. How many employees does Medallion Financial have? The company employs 136 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 6/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Medallion Financial Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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