NASDAQ:MFIN Medallion Financial (MFIN) Stock Forecast, Price & News $7.26 -0.18 (-2.42%) (As of 09/25/2023 ET) Add Compare Share Share Today's Range$7.25▼$7.5750-Day Range$7.26▼$10.2452-Week Range$5.64▼$10.49Volume24,710 shsAverage Volume61,375 shsMarket Capitalization$169.59 millionP/E Ratio3.33Dividend Yield4.41%Price Target$10.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Medallion Financial MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside44.6% Upside$10.50 Price TargetShort InterestBearish6.27% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-19.18%From $2.19 to $1.77 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.2.09 out of 5 starsFinance Sector583rd out of 837 stocksNondepository Credit Institutions Industry16th out of 44 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 $10.50, Medallion Financial has a forecasted upside of 44.6% from its current price of $7.26.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 Shorted6.27% 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 14.5, which indicates bearish sentiment.Change versus previous monthShort interest in Medallion Financial has recently increased by 1.90%, 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 4.30%, 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 14.68%. 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 18.08% 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 0.6 News and Social Media Coverage MarketBeat Follows2 people have added Medallion Financial to their MarketBeat watchlist in the last 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 Insiders22.35% 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 19.09% 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 -19.18% in the coming year, from $2.19 to $1.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Medallion Financial is 3.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Medallion Financial is 3.33, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 84.78.Price to Book Value per Share RatioMedallion Financial has a P/B Ratio of 0.45. 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) StockMedallion 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.Read More MFIN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MFIN Stock News HeadlinesSeptember 18, 2023 | americanbankingnews.comReviewing Medallion Financial (NASDAQ:MFIN) & CompoSecure (NASDAQ:CMPO)September 16, 2023 | americanbankingnews.comMedallion Financial (NASDAQ:MFIN) Share Price Passes Above 200-Day Moving Average of $7.64September 26, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.August 24, 2023 | finance.yahoo.comZacks.com featured highlights KB Home, Medallion Financial, ePlus, Charles River and PagSeguro DigitalAugust 16, 2023 | finance.yahoo.com15 Cheapest CBI Programs in 2023August 15, 2023 | finance.yahoo.comHere's Why Medallion Financial (MFIN) Is a Great 'Buy the Bottom' Stock NowAugust 3, 2023 | msn.comB. Riley Securities Maintains Medallion Financial (MFIN) Buy RecommendationJuly 28, 2023 | benzinga.comMedallion Bank Reports 2023 Second Quarter Results and Declares Series F Preferred Stock DividendSeptember 26, 2023 | Legacy Research (Ad)WARNING: Mandatory U.S. Dollar Recall is Weeks AwayIf you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.July 28, 2023 | finanznachrichten.deMedallion Financial Corp.: Medallion Bank Reports 2023 Second Quarter Results and Declares Series F Preferred Stock DividendJuly 24, 2023 | finance.yahoo.comMedallion Financial Corp. Reports 2023 Second Quarter ResultsJuly 24, 2023 | finance.yahoo.comMedallion Financial (MFIN) Tops Q2 Earnings and Revenue EstimatesJuly 21, 2023 | benzinga.comEarnings Outlook For Medallion FinlJuly 20, 2023 | finance.yahoo.comMedallion Financial Corp. to Report 2023 Second Quarter Results on Monday, July 24, 2023June 22, 2023 | finance.yahoo.comMFIN - Medallion Financial Corp.June 21, 2023 | benzinga.comMedallion Financial Corp Files For Mixed Shelf Of Up To $100MJune 18, 2023 | finance.yahoo.comSeveral Insiders Invested In Medallion Financial Flagging Positive NewsJune 18, 2023 | finance.yahoo.comSeveral Insiders Invested In Medallion Financial Flagging Positive News \June 16, 2023 | finance.yahoo.com3 Safe Stocks to Buy for Stability and IncomeJune 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 companyMay 19, 2023 | finance.yahoo.comMedallion Financial Corp. to Participate in Upcoming Investor ConferenceMay 7, 2023 | finance.yahoo.comMedallion Financial Corp. (NASDAQ:MFIN) Passed Our Checks, And It's About To Pay A US$0.08 DividendMay 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 ResultsSee More Headlines 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 Company Calendar Last Earnings7/24/2023Ex-Dividend for 8/31 Dividend8/14/2023Dividend Payable8/31/2023Today9/26/2023Next Earnings (Estimated)10/26/2023Fiscal 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) 328-2100Fax212-328-2121Employees158Year Founded1979Price Target and Rating Average Stock Price Forecast$10.50 High Stock Price Forecast$12.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+44.6%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.18 Trailing P/E Ratio3.33 Forward P/E Ratio3.32 P/E GrowthN/ANet Income$43.84 million Net Margins21.99% Pretax Margin33.45% Return on Equity13.45% Return on Assets2.15% Debt Debt-to-Equity Ratio0.46 Current Ratio1.16 Quick Ratio1.16 Sales & Book Value Annual Sales$206.15 million Price / Sales0.82 Cash Flow$2.46 per share Price / Cash Flow2.95 Book Value$16.16 per share Price / Book0.45Miscellaneous Outstanding Shares23,360,000Free Float18,141,000Market Cap$169.59 million OptionableOptionable Beta2.05 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Alvin Murstein (Age 88)Chairman & CEO Comp: $2.2MMr. Andrew M. Murstein (Age 59)Pres, COO & Non-Independent Director Comp: $3.57MMr. Anthony N. Cutrone (Age 43)Exec. VP & CFO Comp: $1.18MMr. David Justin Haley (Age 49)Exec. VP & CFO of Medallion Bank Comp: $602.78kMr. Donald S. Poulton (Age 70)CEO & Pres of Medallion Bank Comp: $1.19MMs. Marisa T. Silverman (Age 44)Exec. VP, Chief Compliance Officer, Gen. Counsel & Sec. Mr. Thomas J. Munson (Age 40)Exec. VP & Chief Credit Officer Mr. Dean R. Pickerell (Age 75)Acting Pres & Exec. VP of Medallion Capital, Inc. Mr. Alexander S. Travis (Age 46)Pres of Medallion Capital Inc. Mr. Stephen A. Lewis (Age 74)Sr. VP of Medallion Capital, Inc. More ExecutivesKey CompetitorsSecurity National FinancialNASDAQ:SNFCAConsumer Portfolio ServicesNASDAQ:CPSSX FinancialNYSE:XYFBitcoin DepotNASDAQ:BTMCNFinanceNYSE:CNFView All CompetitorsInstitutional OwnershipGamco Investors INC. ET ALSold 5,000 shares on 8/15/2023Ownership: 0.706%Corsair Capital Management L.P.Sold 2,865 shares on 8/15/2023Ownership: 0.303%Goldman Sachs Group Inc.Sold 7,069 shares on 8/15/2023Ownership: 0.081%Royal Bank of CanadaBought 1,958 shares on 8/15/2023Ownership: 0.068%Citadel Advisors LLCSold 1,100 shares on 8/15/2023Ownership: 0.000%View All Institutional Transactions MFIN Stock - Frequently Asked Questions Should I buy or sell Medallion Financial stock right now? 3 Wall Street 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 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 Wall Street analysts have issued twelve-month target prices for Medallion Financial's stock. Their MFIN share price forecasts range from $9.00 to $12.00. On average, they anticipate the company's stock price to reach $10.50 in the next twelve months. This suggests a possible upside of 44.6% 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 start of the year. Since then, MFIN shares have increased by 1.7% and is now trading at $7.26. 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 Thursday, October 26th 2023. View our MFIN earnings forecast. How were Medallion Financial's earnings last quarter? Medallion Financial Corp. (NASDAQ:MFIN) issued its quarterly earnings data on Monday, July, 24th. The credit services provider reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.25. The credit services provider earned $63.67 million during the quarter, compared to the consensus estimate of $45.40 million. Medallion Financial had a trailing twelve-month return on equity of 13.45% and a net margin of 21.99%. During the same period in the previous year, the firm earned $0.54 earnings per share. How often does Medallion Financial pay dividends? What is the dividend yield for Medallion Financial? Medallion Financial declared a quarterly dividend on Thursday, July 20th. Stockholders of record on Tuesday, August 15th will be given a dividend of $0.08 per share on Thursday, August 31st. This represents a $0.32 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date is Monday, August 14th. 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 4.30%. 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 14.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFIN will have a dividend payout ratio of 18.08% 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 many different institutional and retail investors. Top institutional shareholders include Tieton Capital Management LLC (3.71%), Stifel Financial Corp (1.22%), Geode Capital Management LLC (0.80%), Gamco Investors INC. ET AL (0.71%), Gamco Investors INC. ET AL (0.71%) and BlackRock Inc. (0.52%). 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 $7.26. How much money does Medallion Financial make? Medallion Financial (NASDAQ:MFIN) has a market capitalization of $169.59 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 $2.18 on an earnings per share basis. How many employees does Medallion Financial have? The company employs 158 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 9/26/2023 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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