NASDAQ:MFIN Medallion Financial Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $2.52 +0.03 (+1.20 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$2.44Now: $2.52▼$2.5950-Day Range$2.49MA: $2.92▼$3.3952-Week Range$1.29Now: $2.52▼$7.40Volume12,833 shsAverage Volume143,909 shsMarket Capitalization$62.54 millionP/E RatioN/ADividend YieldN/ABeta2.38 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Medallion Financial Corp., through with its subsidiaries, operates as a 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; other secured commercial loans; and other debt, mezzanine, and equity investment capital to companies in various industries. In addition, the company raises deposits and conducts other banking activities. Medallion Financial Corp. was founded in 1995 and is headquartered in New York City, New York.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingMedallion Financial has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.31, Medallion Financial has a forecasted upside of 150.5% from its current price of $2.52.Amount of Analyst CoverageMedallion Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesMedallion Financial has received 224 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMedallion Financial has received 273 “underperform” votes. (Add your “underperform” vote.)Community SentimentMedallion Financial has received 54.93% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldMedallion Financial does not currently pay a dividend.Dividend GrowthMedallion Financial does not have a long track record of dividend growth. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Medallion Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $7,425.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 17.59% of the stock of Medallion Financial is held by insiders.Percentage Held by InstitutionsOnly 23.90% of the stock of Medallion Financial is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Medallion Financial are expected to grow in the coming year, from ($0.47) to $0.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Medallion Financial is -6.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Medallion Financial is -6.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMedallion Financial has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.96 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Nondepository credit institutions Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNASDAQ:MFIN Previous SymbolNASDAQ:TAXI CUSIP58392810 CIK1000209 Webwww.medallion.com Phone212-328-2100Debt Debt-to-Equity Ratio0.52 Current Ratio1.13 Quick Ratio1.13Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$152.95 million Price / Sales0.41 Cash Flow$0.54 per share Price / Cash Flow4.69 Book Value$13.59 per share Price / Book0.19Profitability EPS (Most Recent Fiscal Year)$0.06 Net Income$-1,760,000.00 Net Margins-6.60% Return on Equity-3.12% Return on Assets-0.63%Miscellaneous Employees177 Outstanding Shares24,816,000Market Cap$62.54 million Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $2.52 +0.03 (+1.20 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MFIN News and Ratings via Email Sign-up to receive the latest news and ratings for MFIN and its competitors with MarketBeat's FREE daily newsletter. Medallion Financial (NASDAQ:MFIN) Frequently Asked Questions How has Medallion Financial's stock price been impacted by Coronavirus? Medallion Financial's stock was trading at $4.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MFIN shares have decreased by 37.2% and is now trading at $2.52. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Medallion Financial? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Medallion Financial in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Medallion Financial. When is Medallion Financial's next earnings date? Medallion Financial is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Medallion Financial. How were Medallion Financial's earnings last quarter? Medallion Financial Corp (NASDAQ:MFIN) released its quarterly earnings data on Monday, August, 3rd. The credit services provider reported ($0.16) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.05) by $0.11. The credit services provider earned $30.01 million during the quarter, compared to analysts' expectations of $31.65 million. Medallion Financial had a negative net margin of 6.60% and a negative return on equity of 3.12%. View Medallion Financial's earnings history. What price target have analysts set for MFIN? 4 brokers have issued twelve-month price targets for Medallion Financial's stock. Their forecasts range from $2.25 to $10.00. On average, they expect Medallion Financial's share price to reach $6.31 in the next twelve months. This suggests a possible upside of 150.5% from the stock's current price. View analysts' price targets for Medallion Financial. Who are some of Medallion Financial's key competitors? Some companies that are related to Medallion Financial include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Legg Mason (LM), Eaton Vance (EV), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Golub Capital BDC (GBDC). View all competitors. 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 IBM (IBM), Rexahn Pharmaceuticals (REXN), Herman Miller (MLHR), Adams Diversified Equity Fund (ADX), Ekso Bionics (EKSO), Energy Transfer LP Unit (ET), Alphabet (GOOG), iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), TheStreet (TST) and Intel (INTC). Who are Medallion Financial's key executives? Medallion Financial's management team includes the following people: Mr. Alvin Murstein, Chairman & CEO (Age 84)Mr. Andrew M. Murstein, Pres, COO & Non-Independent Director (Age 55)Mr. Larry D. Hall, Sr. VP & CFO (Age 65)Mr. Donald S. Poulton, CEO & Pres of Medallion Bank (Age 66)Mr. Stephen A. Lewis, Sr. VP of Medallion Capital, Inc. (Age 70) 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 variety of institutional and retail investors. Top institutional investors include Key Colony Management LLC (4.19%), Stifel Financial Corp (1.56%), Bridgeway Capital Management Inc. (0.59%), Gratia Capital LLC (0.57%), Teton Advisors Inc. (0.52%) and Jane Street Group LLC (0.27%). Company insiders that own Medallion Financial stock include Alvin Murstein, David L Rudnick, Donald S Poulton and Thomas J Munson. View institutional ownership trends for Medallion Financial. Which institutional investors are selling Medallion Financial stock? MFIN stock was sold by a variety of institutional investors in the last quarter, including Key Colony Management LLC, Bank of New York Mellon Corp, Charles Schwab Investment Management Inc., Teton Advisors Inc., Bank of America Corp DE, and Ridgewood Investments LLC. View insider buying and selling activity for Medallion Financial. Which institutional investors are buying Medallion Financial stock? MFIN stock was purchased by a variety of institutional investors in the last quarter, including Gratia Capital LLC, Jane Street Group LLC, Stifel Financial Corp, Goldman Sachs Group Inc., Bridgeway Capital Management Inc., and WINTON GROUP Ltd. Company insiders that have bought Medallion Financial stock in the last two years include Alvin Murstein, David L Rudnick, and Donald S Poulton. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Medallion Financial's stock price today? One share of MFIN stock can currently be purchased for approximately $2.52. How big of a company is Medallion Financial? Medallion Financial has a market capitalization of $62.54 million and generates $152.95 million in revenue each year. The credit services provider earns $-1,760,000.00 in net income (profit) each year or $0.06 on an earnings per share basis. Medallion Financial employs 177 workers across the globe. What is Medallion Financial's official website? The official website for Medallion Financial is www.medallion.com. 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 [email protected] This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
