Medallion Financial Corp., through with its subsidiaries, operates as a specialty 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, including manufacturing, and various service providers; and asset based loans. In addition, the company offers other secured commercial loans to various businesses comprising retail trade and various service providers; and other debt, mezzanine, and equity investment capital to companies in various industries. Further, it raises deposits and conducts other banking activities. Medallion Financial Corp. was founded in 1995 and is headquartered in New York City, New York.
Industry, Sector and Symbol
Industry Nondepository credit institutions
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Phone212-328-2100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$142.84 million
Profitability
Miscellaneous
Employees138
Next Earnings Date5/13/2019 (Estimated)
OptionableOptionable
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) posted its quarterly earnings results on Tuesday, August, 14th. The credit services provider reported ($0.32) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.12) by $0.20. The credit services provider earned $29.60 million during the quarter. Medallion Financial had a negative net margin of 17.53% and a negative return on equity of 4.75%. View Medallion Financial's Earnings History.
When is Medallion Financial's next earnings date?
What price target have analysts set for MFIN?
3 equities research analysts have issued 12-month target prices for Medallion Financial's stock. Their predictions range from $5.00 to $10.00. On average, they anticipate Medallion Financial's stock price to reach $8.3333 in the next twelve months. This suggests a possible upside of 27.4% 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 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Medallion Financial.
Has Medallion Financial been receiving favorable news coverage?
Headlines about MFIN stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Medallion Financial earned a news impact score of -1.4 on InfoTrie's scale. They also assigned media headlines about the credit services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.
Who are some of Medallion Financial's key competitors?
Some companies that are related to Medallion Financial include Wins Finance (WINS), Curo Group (CURO), America First Multifamily Investors (ATAX), On Deck Capital (ONDK), CNFinance (CNF), Easterly Acquisition (EACQ), Elevate Credit (ELVT), Golden Bull (DNJR), Hexindai (HX), Senmiao Technology (AIHS), Security National Financial (SNFCA), Consumer Portfolio Services (CPSS), China Rapid Finance (XRF), Harvest Capital Credit (HCAP) and Mogo Finance Technology (MOGO).
What other stocks do shareholders of Medallion Financial own?
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 a number of of retail and institutional investors. Top institutional shareholders include LSV Asset Management (1.58%), Stifel Financial Corp (1.51%), B. Riley Financial Inc. (0.85%), Advisor Group Inc. (0.71%), Seacliff Capital LLC (0.46%) and Second Curve Capital LLC (0.44%). 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?
Which institutional investors are buying Medallion Financial stock?
MFIN stock was bought by a variety of institutional investors in the last quarter, including Seacliff Capital LLC, B. Riley Financial Inc. and Millennium Management LLC. Company insiders that have bought Medallion Financial stock in the last two years include Allan J Tanenbaum, Alvin Murstein, David L Rudnick and Thomas J Munson. 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, Scottrade, Fidelity and Charles Schwab.
What is Medallion Financial's stock price today?
One share of MFIN stock can currently be purchased for approximately $6.54.
How big of a company is Medallion Financial?
Medallion Financial has a market capitalization of $159.77 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 138 workers across the globe.
What is Medallion Financial's official website?
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)
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.
