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

$6.11
+0.16 (+2.69 %)
(As of 09/16/2019 07:03 AM ET)
Today's Range
$5.97
Now: $6.11
$6.14
50-Day Range
$4.38
MA: $4.81
$6.03
52-Week Range
$4.07
Now: $6.11
$7.80
Volume118,490 shs
Average Volume89,085 shs
Market Capitalization$150.31 million
P/E RatioN/A
Dividend YieldN/A
Beta1.48
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. Read More…

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$0.0382 per share
Book Value$11.88 per share

Profitability

Net Income$-13,400,000.00

Miscellaneous

Employees177
Market Cap$150.31 million
Next Earnings Date11/11/2019 (Estimated)
OptionableOptionable

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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) announced its quarterly earnings data on Monday, August, 5th. The credit services provider reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.36. The credit services provider earned $24.88 million during the quarter, compared to analyst estimates of $31.52 million. Medallion Financial had a negative return on equity of 0.63% and a negative net margin of 1.05%. 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, November 11th 2019. View Earnings Estimates for Medallion Financial.

What price target have analysts set for MFIN?

3 equities research analysts have issued 12-month price objectives for Medallion Financial's stock. Their forecasts range from $10.00 to $12.00. On average, they anticipate Medallion Financial's stock price to reach $10.6667 in the next year. This suggests a possible upside of 74.6% 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. 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. " (8/6/2019)
  • 2. 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)

Has Medallion Financial been receiving favorable news coverage?

Press coverage about MFIN stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Medallion Financial earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned media coverage about the credit services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Medallion Financial.

Are investors shorting Medallion Financial?

Medallion Financial saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 1,941,800 shares, an increase of 9.9% from the July 31st total of 1,767,000 shares. Based on an average daily volume of 182,100 shares, the short-interest ratio is currently 10.7 days. Currently, 9.5% of the shares of the company are sold short. View Medallion Financial's Current Options Chain.

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 (REXN), Herman Miller (MLHR), Adams Diversified Equity Fund (ADX), Ekso Bionics (EKSO), TheStreet (TST), iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), 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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.02%), Morgan Stanley (2.34%), Tieton Capital Management LLC (0.92%), Bank of New York Mellon Corp (0.54%), Vanguard Group Inc. (0.31%) and Advisor Group Inc. (0.29%). 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 major investors are selling Medallion Financial stock?

MFIN stock was sold by a variety of institutional investors in the last quarter, including Advisor Group Inc., Trexquant Investment LP, Ancora Advisors LLC, Morgan Stanley and Alpine Woods Capital Investors LLC. View Insider Buying and Selling for Medallion Financial.

Which major investors are buying Medallion Financial stock?

MFIN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Bank of New York Mellon Corp, Charles Schwab Investment Management Inc., Northern Trust Corp, Tieton Capital Management LLC, Tower Research Capital LLC TRC and JPMorgan Chase & Co.. 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 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 $6.11.

How big of a company is Medallion Financial?

Medallion Financial has a market capitalization of $150.31 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.View Additional Information About Medallion Financial.

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:  197 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  431
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 9/16/2019 by MarketBeat.com Staff

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