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3 Mid Caps You Haven't Heard Of But Need To Know About
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Will NIO Partake In China's Economic Awakening?
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
3 EV Stocks You Need To Have On Your Watchlist
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
3 Mid Caps You Haven't Heard Of But Need To Know About
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Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
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Will NIO Partake In China's Economic Awakening?
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
3 EV Stocks You Need To Have On Your Watchlist
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
3 Mid Caps You Haven't Heard Of But Need To Know About
Why Turkey's currency is crashing after Erdogan got reelected
Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I. (Ad)
Even at $2,000+ Per Share, These 3 Stocks Are Deals
Will NIO Partake In China's Economic Awakening?
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
BJ's Restaurants' Approaching Buy Point As Earnings Surge 150%

Medallion Financial (MFIN) Stock Forecast, Price & News

$7.36
-0.05 (-0.67%)
(As of 06/9/2023 ET)
Compare
Today's Range
$7.30
$7.56
50-Day Range
$5.77
$7.41
52-Week Range
$5.42
$9.35
Volume
34,785 shs
Average Volume
54,108 shs
Market Capitalization
$171.64 million
P/E Ratio
3.50
Dividend Yield
4.35%
Price Target
$9.50

Medallion Financial MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
29.1% Upside
$9.50 Price Target
Short Interest
Bearish
6.81% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-10.23%
From $1.76 to $1.58 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.24 out of 5 stars

Finance Sector

680th out of 864 stocks

Nondepository Credit Institutions Industry

24th out of 38 stocks


MFIN stock logo

About Medallion Financial (NASDAQ:MFIN) Stock

Acts as Private Equity Fund

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MFIN Stock News Headlines

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Q1 2023 Medallion Financial Corp Earnings Call
Medallion Financial (MFIN) to Release Earnings on Monday
See More Headlines

MFIN Price History

MFIN Company Calendar

Last Earnings
2/13/2023
Ex-Dividend for 3/31 Dividend
3/14/2023
Dividend Payable
3/31/2023
Ex-Dividend for 5/31 Dividend
5/12/2023
Dividend Payable
5/31/2023
Today
6/09/2023
Next Earnings (Estimated)
7/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
Current Symbol
NASDAQ:MFIN
Previous Symbol
NASDAQ:TAXI
CUSIP
58392810
Employees
136
Year Founded
1979

Price Target and Rating

Average Stock Price Forecast
$9.50
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+29.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$43.84 million
Pretax Margin
34.17%

Debt

Sales & Book Value

Annual Sales
$206.15 million
Cash Flow
$2.52 per share
Book Value
$16.16 per share

Miscellaneous

Free Float
19,024,000
Market Cap
$171.64 million
Optionable
Optionable
Beta
1.97

Social Links


Key Executives

  • Alvin Murstein
    Chairman & Chief Executive Officer
  • Andrew Mead Murstein
    President, COO & Non-Independent Director
  • Anthony N. Cutrone
    Chief Financial Officer & Executive Vice President
  • Marisa T. Silverman
    Secretary & Chief Compliance Officer
  • Thomas Munson
    Chief Credit Officer & Executive Vice President













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 equities research analysts have issued 12-month target prices for Medallion Financial's stock. Their MFIN share price forecasts range from $9.00 to $10.00. On average, they expect the company's share price to reach $9.50 in the next twelve months. This suggests a possible upside of 29.1% 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 beginning of the year. Since then, MFIN shares have increased by 3.1% and is now trading at $7.36.
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 Wednesday, July 26th 2023.
View our MFIN earnings forecast
.

How were Medallion Financial's earnings last quarter?

Medallion Financial Corp. (NASDAQ:MFIN) issued its quarterly earnings results on Monday, February, 13th. The credit services provider reported $0.30 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.30. Medallion Financial had a net margin of 22.51% and a trailing twelve-month return on equity of 13.44%.

How often does Medallion Financial pay dividends? What is the dividend yield for Medallion Financial?

Medallion Financial declared a quarterly dividend on Monday, May 1st. Stockholders of record on Monday, May 15th will be paid a dividend of $0.08 per share on Wednesday, May 31st. This represents a $0.32 annualized dividend and a yield of 4.35%. The ex-dividend date of this dividend is Friday, May 12th.
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 4.34%. 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 15.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFIN will have a dividend payout ratio of 20.25% 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?
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 number of institutional and retail investors. Top institutional investors include Tieton Capital Management LLC (3.66%), Stifel Financial Corp (1.16%), O Shaughnessy Asset Management LLC (0.40%), LSV Asset Management (0.32%), Corsair Capital Management L.P. (0.32%) and Arrowstreet Capital Limited Partnership (0.29%).
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 $7.36.

How much money does Medallion Financial make?

Medallion Financial (NASDAQ:MFIN) has a market capitalization of $171.64 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 $2.10 on an earnings per share basis.

How many employees does Medallion Financial have?

The company employs 136 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 6/10/2023 by MarketBeat.com Staff

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