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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
New CBOE “special perk” helps traders target income every weekend (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
New CBOE “special perk” helps traders target income every weekend (Ad)
Behind the tech boom: Big price leaders selectively laying off
NetApp stock is about to hit 20-year highs
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ambarella: robust double-digit upside comes into focus
These biotechs targeting multiple neurodegenerative diseases
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
New CBOE “special perk” helps traders target income every weekend (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
New CBOE “special perk” helps traders target income every weekend (Ad)
Behind the tech boom: Big price leaders selectively laying off
NetApp stock is about to hit 20-year highs
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ambarella: robust double-digit upside comes into focus
These biotechs targeting multiple neurodegenerative diseases
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
New CBOE “special perk” helps traders target income every weekend (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
New CBOE “special perk” helps traders target income every weekend (Ad)
Behind the tech boom: Big price leaders selectively laying off
NetApp stock is about to hit 20-year highs
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ambarella: robust double-digit upside comes into focus
These biotechs targeting multiple neurodegenerative diseases

Medallion Financial Stock Price, News & Analysis (NASDAQ:MFIN)

$9.60
+0.07 (+0.73%)
(As of 12/1/2023 ET)
Compare
Today's Range
$9.11
$9.63
50-Day Range
$6.38
$9.60
52-Week Range
$5.64
$10.49
Volume
89,450 shs
Average Volume
73,513 shs
Market Capitalization
$224.26 million
P/E Ratio
4.10
Dividend Yield
4.17%
Price Target
$12.00

Medallion Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
25.0% Upside
$12.00 Price Target
Short Interest
Bearish
6.64% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.13mentions of Medallion Financial in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-33.75%
From $2.40 to $1.59 Per Share

Overall MarketRank

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

2.50 out of 5 stars

Finance Sector

216th out of 867 stocks

Nondepository Credit Institutions Industry

6th out of 42 stocks


MFIN stock logo

About Medallion Financial Stock (NASDAQ:MFIN)

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 Stock Price History

MFIN Stock News Headlines

New CBOE “special perk” helps traders target income every weekend
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New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
15 Cheapest CBI Programs in 2023
Earnings Outlook For Medallion Finl
MFIN - Medallion Financial Corp.
See More Headlines
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Company Calendar

Last Earnings
10/30/2023
Ex-Dividend for 11/30 Dividend
11/14/2023
Dividend Payable
11/30/2023
Today
12/01/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024

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 Target
$12.00
High Stock Price Target
$12.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+25.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$43.84 million
Pretax Margin
33.79%

Debt

Sales & Book Value

Annual Sales
$176.89 million
Cash Flow
$2.57 per share
Book Value
$17.00 per share

Miscellaneous

Free Float
18,142,000
Market Cap
$224.29 million
Optionable
Optionable
Beta
2.13

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Key Executives

  • Mr. Alvin Murstein (Age 88)
    Chairman & CEO
    Comp: $2.2M
  • Mr. Andrew M. Murstein (Age 59)
    President, COO & Non-Independent Director
    Comp: $3.57M
  • Mr. Anthony N. Cutrone (Age 43)
    Executive VP & CFO
    Comp: $1.18M
  • Mr. David Justin Haley (Age 49)
    Executive VP & CFO of Medallion Bank
    Comp: $602.78k
  • Mr. Donald S. Poulton (Age 70)
    CEO & President of Medallion Bank
    Comp: $1.19M
  • Ms. Marisa T. Silverman (Age 44)
    Executive VP, Chief Compliance Officer, General Counsel & Secretary
  • Mr. Thomas J. Munson (Age 40)
    Executive VP & Chief Credit Officer
  • Mr. Dean R. Pickerell (Age 75)
    Acting President & Executive VP of Medallion Capital, Inc.
    Comp: $500.2k
  • Mr. Alexander S. Travis (Age 46)
    President of Medallion Capital Inc.
    Comp: $487.17k
  • Mr. Stephen A. Lewis (Age 74)
    Senior Vice President of Medallion Capital, Inc.
    Comp: $444.52k














MFIN Stock Analysis - Frequently Asked Questions

Should I buy or sell Medallion Financial stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Medallion Financial in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MFIN shares.
View MFIN analyst ratings
or view top-rated stocks.

What is Medallion Financial's stock price target for 2024?

2 Wall Street research analysts have issued 1-year target prices for Medallion Financial's shares. Their MFIN share price targets range from $12.00 to $12.00. On average, they predict the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 25.0% 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 2023. Since then, MFIN stock has increased by 34.5% and is now trading at $9.60.
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, February 28th 2024.
View our MFIN earnings forecast
.

How were Medallion Financial's earnings last quarter?

Medallion Financial Corp. (NASDAQ:MFIN) released its earnings results on Monday, October, 30th. The credit services provider reported $0.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.07. Medallion Financial had a trailing twelve-month return on equity of 14.06% and a net margin of 21.77%.

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

Medallion Financial declared a quarterly dividend on Monday, October 30th. Stockholders of record on Wednesday, November 15th will be paid a dividend of $0.10 per share on Thursday, November 30th. This represents a $0.40 annualized dividend and a yield of 4.17%. The ex-dividend date of this dividend is Tuesday, November 14th. This is a boost from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for MFIN
.

Is Medallion Financial a good dividend stock?

Medallion Financial (NASDAQ:MFIN) pays an annual dividend of $0.40 per share and currently has a dividend yield of 4.20%. MFIN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFIN will have a dividend payout ratio of 25.16% 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?
Who are Medallion Financial's major shareholders?

Medallion Financial's stock is owned by many different institutional and retail investors. Top institutional investors include Tieton Capital Management LLC (3.53%), Stifel Financial Corp (1.15%), Janney Montgomery Scott LLC (0.41%), Connor Clark & Lunn Investment Management Ltd. (0.37%), LSV Asset Management (0.35%) and O Shaughnessy Asset Management LLC (0.32%).
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.

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
This page (NASDAQ:MFIN) was last updated on 12/2/2023 by MarketBeat.com Staff

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