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

$2.08
-0.22 (-9.57 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$2.03
Now: $2.08
$2.25
50-Day Range
$2.11
MA: $5.10
$7.02
52-Week Range
$1.85
Now: $2.08
$7.80
Volume120,250 shs
Average Volume190,260 shs
Market Capitalization$51.19 million
P/E Ratio41.60
Dividend YieldN/A
Beta1.56
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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Medallion Financial logo

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$152.95 million
Cash Flow$0.03 per share
Book Value$11.88 per share

Profitability

Net Income$1.47 million

Miscellaneous

Employees177
Market Cap$51.19 million
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

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Medallion Financial (NASDAQ:MFIN) Frequently Asked Questions

How has Medallion Financial's stock been impacted by COVID-19 (Coronavirus)?

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.

Do Wall Street analysts recommend investors buy shares of Medallion Financial?

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.

When is Medallion Financial's next earnings date?

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

How were Medallion Financial's earnings last quarter?

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.

What price target have analysts set for MFIN?

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.

Has Medallion Financial been receiving favorable news coverage?

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.

Are investors shorting Medallion 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.

Who are some of Medallion Financial's key competitors?

What other stocks do shareholders of Medallion Financial own?

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 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.

Which institutional investors are selling Medallion Financial stock?

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.

Which institutional investors are buying Medallion Financial stock?

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.

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 $2.08.

How big of a company is Medallion Financial?

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.

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:  218 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  480
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 3/29/2020 by MarketBeat.com Staff

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