NASDAQ:MFIN - Medallion Financial Stock Price, News, & Analysis

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$6.40 -0.38 (-5.60 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$6.78
Today's Range$6.30 - $6.86
52-Week Range$3.59 - $7.29
Volume53,507 shs
Average Volume87,228 shs
Market Capitalization$156.37 million
P/E RatioN/A
Dividend YieldN/A
Beta1.74
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.

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Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:MFIN
Previous SymbolNASDAQ:TAXI
CUSIP58392810
Phone212-328-2100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$142.84 million
Cash Flow$0.0350 per share
Book Value$11.88 per share

Profitability

Net Income$-13,400,000.00

Miscellaneous

Employees177
Market Cap$156.37 million
Next Earnings Date5/13/2019 (Estimated)
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) released its quarterly earnings data on Wednesday, February, 27th. The credit services provider reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.33. The credit services provider had revenue of $50.63 million for the quarter, compared to analysts' expectations of $26.37 million. Medallion Financial had a negative net margin of 17.53% and a negative return on equity of 4.75%. View Medallion Financial's Earnings History.

When is Medallion Financial's next earnings date?

Medallion Financial is scheduled to release their next quarterly earnings announcement on Monday, May 13th 2019. View Earnings Estimates for Medallion Financial.

What price target have analysts set for MFIN?

3 equities research analysts have issued 1-year price targets for Medallion Financial's stock. Their forecasts range from $10.00 to $12.00. On average, they expect Medallion Financial's share price to reach $10.6667 in the next year. This suggests a possible upside of 66.7% 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Medallion Financial.

What are Wall Street analysts saying about Medallion Financial stock?

Here are some recent quotes from research analysts about Medallion Financial stock:
  • 1. Northland Securities analysts commented, "We believe 2019 should be about even more progress. Recently, MFIN announced a $30M note offering at 8.25%. Proceeds from the raise are expected to be used for increasing the capital base at Medallion Bank, possibly working through some legacy debt at a discount and strategic options." (4/15/2019)
  • 2. According to Zacks Investment Research, "Medallion Financial Corp. is a specialty finance company that originates and services loans that finance taxicab medallions and various types of commercial loans. " (3/6/2019)

Has Medallion Financial been receiving favorable news coverage?

News stories about MFIN stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Medallion Financial earned a news impact score of 1.5 on InfoTrie's scale. They also assigned press coverage about the credit services provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future.

Who are some of Medallion Financial's key 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 (RNN), Herman Miller (MLHR), Adams Diversified Equity Fund (ADX), Ekso Bionics (EKSO), iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), TheStreet (TST), Starbucks (SBUX), Alphabet (GOOG) and Intel (INTC).

Who are Medallion Financial's key executives?

Medallion Financial's management team includes the folowing 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)

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 Selz Capital LLC (1.02%). Company insiders that own Medallion Financial stock include Allan J Tanenbaum, 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 Selz Capital LLC. 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 $6.40.

How big of a company is Medallion Financial?

Medallion Financial has a market capitalization of $156.37 million and generates $142.84 million in revenue each year. The credit services provider earns $-13,400,000.00 in net income (profit) each year or ($0.54) 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 http://www.medallion.com.

How can I contact Medallion Financial?

Medallion Financial's mailing address is 437 MADISON AVENUE 38TH FLOOR, NEW YORK NY, 10022. The credit services provider can be reached via phone at 212-328-2100 or via email at [email protected]


MarketBeat Community Rating for Medallion Financial (NASDAQ MFIN)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  178 (Vote Outperform)
Underperform Votes:  203 (Vote Underperform)
Total Votes:  381
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.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

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