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

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.

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.

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.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our MFIN earnings forecast.

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%.

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.

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.

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).

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%).
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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.
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