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

Medallion Financial's stock was trading at $4.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MFIN stock has decreased by 48.1% and is now trading at $2.08. View which stocks have been mosted impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Medallion Financial in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Medallion Financial.

Medallion Financial is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Medallion Financial.

Medallion Financial Corp (NASDAQ:MFIN) posted its earnings results on Thursday, February, 20th. The credit services provider reported $0.11 earnings per share for the quarter, meeting analysts' consensus estimates of $0.11. The credit services provider had revenue of $29.55 million for the quarter, compared to analyst estimates of $31.10 million. Medallion Financial had a net margin of 0.96% and a return on equity of 0.51%. View Medallion Financial's earnings history.

1 analysts have issued 12-month price targets for Medallion Financial's shares. Their forecasts range from $12.00 to $12.00. On average, they expect Medallion Financial's stock price to reach $12.00 in the next year. This suggests a possible upside of 476.9% from the stock's current price. View analysts' price targets for Medallion Financial.

News stories about MFIN stock have been trending neutral recently, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Medallion Financial earned a news impact score of 0.5 on InfoTrie's scale. They also gave headlines about the credit services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutMedallion Financial.

Medallion Financial saw a drop in short interest in March. As of March 13th, there was short interest totaling 639,200 shares, a drop of 25.4% from the February 27th total of 857,400 shares. Based on an average daily volume of 133,000 shares, the days-to-cover ratio is presently 4.8 days. Currently, 3.1% of the company's shares are sold short. View Medallion Financial's Current Options Chain.

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), Northern Trust (NTRS), Ameriprise Financial (AMP), 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 Federated Investors (FII).

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), TheStreet (TST), iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), Starbucks (SBUX) and Alphabet (GOOG).

Medallion Financial trades on the NASDAQ under the ticker symbol "MFIN."

Medallion Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Tieton Capital Management LLC (2.07%), Stifel Financial Corp (1.27%), State Street Corp (1.24%), Geode Capital Management LLC (0.99%), Gabelli Funds LLC (0.37%) and Soltis Investment Advisors LLC (0.33%). 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.

MFIN stock was sold by a variety of institutional investors in the last quarter, including Stifel Financial Corp, Ridgewood Investments LLC, Gabelli Funds LLC, Advisor Group Inc., and New York State Common Retirement Fund. View insider buying and selling activity for Medallion Financial.

MFIN stock was acquired by a variety of institutional investors in the last quarter, including Soltis Investment Advisors LLC, Tieton Capital Management LLC, State Street Corp, Geode Capital Management LLC, Barclays PLC, Charles Schwab Investment Management Inc., UBS Group AG, and California Public Employees Retirement System. Company insiders that have bought Medallion Financial stock in the last two years include Allan J Tanenbaum, Alvin Murstein, David L Rudnick, and Donald S Poulton. View insider buying and selling activity for 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.

One share of MFIN stock can currently be purchased for approximately $2.08.

Medallion Financial has a market capitalization of $51.19 million and generates $152.95 million in revenue each year. The credit services provider earns $1.47 million in net income (profit) each year or $0.06 on an earnings per share basis. Medallion Financial employs 177 workers across the globe. View additional information about Medallion Financial.

The official website for Medallion Financial is http://www.medallion.com/.

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]