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
Current SymbolNASDAQ:MFIN
Previous SymbolNASDAQ:TAXI
CUSIP58392810
Phone212-328-2100
Debt
Debt-to-Equity Ratio0.56
Current Ratio1.07
Quick Ratio1.07
Price-To-Earnings
Trailing P/E Ratio18.42
Forward P/E Ratio-2.42
P/E GrowthN/A
Sales & Book Value
Annual Sales$19.71 million
Price / Sales7.08
Cash Flow$0.3667 per share
Price / Cash Flow15.57
Book Value$11.80 per share
Price / Book0.48
Profitability
EPS (Most Recent Fiscal Year)$0.31
Net Income$-7,120,000.00
Net Margins-34.18%
Return on Equity-9.06%
Return on Assets-2.34%
Miscellaneous
Employees138
Outstanding Shares24,440,000
Market Cap$136.86 million
OptionableOptionable
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) announced its quarterly earnings results on Tuesday, November, 13th. The credit services provider reported ($0.19) EPS for the quarter, missing the Zacks' consensus estimate of $0.11 by $0.30. The credit services provider had revenue of $33.71 million for the quarter, compared to the consensus estimate of $32.07 million. Medallion Financial had a negative net margin of 34.18% and a negative return on equity of 9.06%. View Medallion Financial's Earnings History.
When is Medallion Financial's next earnings date?
What price target have analysts set for MFIN?
3 brokers have issued twelve-month price targets for Medallion Financial's stock. Their forecasts range from $5.00 to $10.00. On average, they anticipate Medallion Financial's share price to reach $8.3333 in the next year. This suggests a possible upside of 45.9% 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.
Has Medallion Financial been receiving favorable news coverage?
News headlines about MFIN stock have been trending very positive on Wednesday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Medallion Financial earned a media sentiment score of 3.6 on InfoTrie's scale. They also gave news stories about the credit services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.
Who are some of Medallion Financial's key competitors?
Some companies that are related to Medallion Financial include On Deck Capital (ONDK), Wins Finance (WINS), Everi (EVRI), CNFinance (CNF), America First Multifamily Investors (ATAX), Easterly Acquisition (EACQ), Elevate Credit (ELVT), Senmiao Technology (AIHS), China Rapid Finance (XRF), Hexindai (HX), Security National Financial (SNFCA), Golden Bull (DNJR), Consumer Portfolio Services (CPSS), Mogo Finance Technology (MOGO) and Harvest Capital Credit (HCAP).
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)
- Mr. Stephen A. Lewis, Sr. VP of Medallion Capital, Inc. (Age 69)
Who are Medallion Financial's major shareholders?
Medallion Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Morgan Stanley (1.72%), Corsair Capital Management L.P. (0.72%), EAM Investors LLC (0.51%), B. Riley Financial Inc. (0.41%), Alpine Woods Capital Investors LLC (0.18%) and Ridgewood Investments LLC (0.13%). Company insiders that own Medallion Financial stock include Allan J Tanenbaum, Alvin Murstein, Andrew Murstein, David L Rudnick, Donald S Poulton, Larry D Hall and Thomas J Munson. View Institutional Ownership Trends for Medallion Financial.
Which major investors are selling Medallion Financial stock?
Which major investors are buying Medallion Financial stock?
MFIN stock was bought by a variety of institutional investors in the last quarter, including EAM Investors LLC, B. Riley Financial Inc., Morgan Stanley, Ridgewood Investments LLC and Virtu Financial LLC. Company insiders that have bought Medallion Financial stock in the last two years include Allan J Tanenbaum, Alvin Murstein, Andrew Murstein, David L Rudnick and Thomas J Munson. View Insider Buying and Selling for Medallion Financial.
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 $5.71.
How big of a company is Medallion Financial?
Medallion Financial has a market capitalization of $136.86 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 in[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.
