Medallion Financial - MFIN Stock Forecast, Price & News

0 brokerages have issued 12 month price targets for Medallion Financial's stock. Their MFIN share price forecasts range from $9.00 to $9.00. On average, they expect the company's stock price to reach $9.00 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price.
View analysts price targets for MFIN or view top-rated stocks among Wall Street analysts.

Medallion Financial's stock was trading at $5.80 on January 1st, 2022. Since then, MFIN shares have increased by 44.3% and is now trading at $8.37.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our MFIN earnings forecast.

Medallion Financial Corp. (NASDAQ:MFIN) issued its earnings results on Monday, November, 1st. The credit services provider reported $0.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.36. The credit services provider had revenue of $41.28 million for the quarter, compared to analyst estimates of $37.45 million. Medallion Financial had a net margin of 28.47% and a trailing twelve-month return on equity of 16.50%. During the same period last year, the firm earned ($0.97) earnings per share.

Medallion Financial announced a quarterly dividend on Wednesday, July 27th. Shareholders of record on Monday, August 15th will be paid a dividend of $0.08 per share on Wednesday, August 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date is Friday, August 12th.
Read our dividend analysis for MFIN.

Medallion Financial (NASDAQ:MFIN) pays an annual dividend of $0.32 per share and currently has a dividend yield of 3.84%. The dividend payout ratio is 13.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFIN will have a dividend payout ratio of 19.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MFIN.

Based on aggregate information from My MarketBeat watchlists, some companies that other Medallion Financial investors own include International Business Machines (IBM), Rexahn Pharmaceuticals (REXN), Ekso Bionics (EKSO), Herman Miller (MLHR), Adams Diversified Equity Fund (ADX), Energy Transfer (ET), iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), TheStreet (TST), Starbucks (SBUX) and Activision Blizzard (ATVI).

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 (3.73%), Key Colony Management LLC (1.96%), Gamco Investors INC. ET AL (0.70%), Millennium Management LLC (0.34%), Connor Clark & Lunn Investment Management Ltd. (0.29%) and Belpointe Asset Management LLC (0.28%).
View institutional ownership trends.

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.

One share of MFIN stock can currently be purchased for approximately $8.37.

Medallion Financial (NASDAQ:MFIN) has a market capitalization of $202.88 million and generates $190.53 million in revenue each year. The credit services provider earns $54.11 million in net income (profit) each year or $2.35 on an earnings per share basis.

The company employs 136 workers across the globe.

Medallion Financial was founded in 1979.

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.