Medallion Financial Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Medallion Financial in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Medallion Financial stock.
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Medallion Financial saw a decline in short interest in the month of May. As of May 28th, there was short interest totaling 170,600 shares, a decline of 44.6% from the May 13th total of 307,900 shares. Based on an average daily trading volume, of 47,000 shares, the short-interest ratio is presently 3.6 days. Approximately 0.9% of the company's stock are sold short.
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Medallion Financial is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Medallion Financial.

Medallion Financial Corp. (NASDAQ:MFIN) issued its quarterly earnings results on Sunday, May, 2nd. The credit services provider reported $0.34 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.15. The credit services provider earned $30.61 million during the quarter, compared to analyst estimates of $32.51 million. Medallion Financial had a negative net margin of 8.50% and a negative trailing twelve-month return on equity of 4.13%.
View Medallion Financial's earnings history.

Medallion Financial's stock was trading at $4.01 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MFIN shares have increased by 124.9% and is now trading at $9.02.
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3 analysts have issued twelve-month price objectives for Medallion Financial's stock. Their forecasts range from $3.00 to $12.00. On average, they anticipate Medallion Financial's stock price to reach $7.00 in the next year. This suggests that the stock has a possible downside of 22.4%.
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Some companies that are related to Medallion Financial include BlackRock (BLK), T. Rowe Price Group (TROW), The Bank of New York Mellon (BK), Ameriprise Financial (AMP), State Street (STT), Northern Trust (NTRS), Franklin Resources (BEN), Invesco (IVZ), SEI Investments (SEIC), Ares Capital (ARCC), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Prospect Capital (PSEC), Main Street Capital (MAIN) and Golub Capital BDC (GBDC).
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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 number of institutional and retail investors. Top institutional shareholders include Tieton Capital Management LLC (3.74%), Stifel Financial Corp (1.35%), Millennium Management LLC (1.01%), Gamco Investors INC. ET AL (0.72%), Geode Capital Management LLC (0.58%) and BlackRock Inc. (0.26%). Company insiders that own Medallion Financial stock include Alvin Murstein, David L Rudnick and Donald S Poulton.
View institutional ownership trends for Medallion Financial.

MFIN stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Gamco Investors INC. ET AL, Stifel Financial Corp, Tieton Capital Management LLC, and Squarepoint Ops LLC.
View insider buying and selling activity for Medallion Financial or view top insider-selling stocks.

MFIN stock was bought by a variety of institutional investors in the last quarter, including Corsair Capital Management L.P., Ridgewood Investments LLC, Millennium Management LLC, Morgan Stanley, and Geode Capital Management LLC. Company insiders that have bought Medallion Financial stock in the last two years include Alvin Murstein, David L Rudnick, and Donald S Poulton.
View insider buying and selling activity for Medallion Financial or or view top insider-buying stocks.

Shares of MFIN 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.
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One share of MFIN stock can currently be purchased for approximately $9.02.

Medallion Financial has a market capitalization of $225.81 million and generates $139.03 million in revenue each year. The credit services provider earns $-34,780,000.00 in net income (profit) each year or ($1.42) on an earnings per share basis.

Medallion Financial employs 187 workers across the globe.

The official website for Medallion Financial is www.medallion.com.

Medallion Financial is headquartered at 437 MADISON AVE 38 TH FLOOR, NEW YORK NY, 10022.

Medallion Financial's mailing address is 437 MADISON AVE 38 TH FLOOR, NEW YORK NY, 10022. The credit services provider can be reached via phone at 212-328-2100 or via email at [email protected]