NASDAQ:MFINMedallion Financial Stock Price, Forecast & News

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 shares have decreased by 43.1% and is now trading at $2.28. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Medallion Financial in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Medallion Financial.

Medallion Financial is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Medallion Financial.

Medallion Financial Corp (NASDAQ:MFIN) issued its earnings results on Thursday, April, 30th. The credit services provider reported ($0.56) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.12 by $0.68. The credit services provider earned $19.56 million during the quarter, compared to analyst estimates of $29.49 million. Medallion Financial had a negative return on equity of 4.35% and a negative net margin of 9.27%. View Medallion Financial's earnings history.

4 equities research analysts have issued 1-year price targets for Medallion Financial's shares. Their forecasts range from $2.25 to $12.00. On average, they expect Medallion Financial's stock price to reach $7.81 in the next twelve months. This suggests a possible upside of 242.7% from the stock's current price. View analysts' price targets for Medallion Financial.

Headlines about MFIN stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Medallion Financial earned a news impact score of -3.0 on InfoTrie's scale. They also assigned media coverage about the credit services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutMedallion Financial.

Medallion Financial saw a increase in short interest in May. As of May 15th, there was short interest totaling 637,300 shares, an increase of 25.7% from the April 30th total of 507,200 shares. Based on an average trading volume of 164,700 shares, the days-to-cover ratio is currently 3.9 days. Approximately 3.1% of the shares of the company are sold short. View Medallion Financial's Current Options Chain.

Some companies that are related to Medallion Financial include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Legg Mason (LM), Eaton Vance (EV), Invesco (IVZ), Cohen & Steers (CNS), Affiliated Managers Group (AMG) and Federated Investors (FII). View all competitors.

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), Energy Transfer LP Unit (ET), iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), TheStreet (TST), Alphabet (GOOG) and Starbucks (SBUX).

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 investors include Key Colony Management LLC (5.35%), Wellington Management Group LLP (5.10%), BlackRock Inc. (4.57%), Tieton Capital Management LLC (1.97%), State Street Corp (1.30%) and Geode Capital Management LLC (1.07%). 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.

MFIN stock was sold by a variety of institutional investors in the last quarter, including Key Colony Management LLC, Morgan Stanley, Tieton Capital Management LLC, WINTON GROUP Ltd, and Deutsche Bank AG. View insider buying and selling activity for Medallion Financial.

MFIN stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, BlackRock Inc., Wells Fargo & Company MN, Geode Capital Management LLC, State Street Corp, and Ridgewood Investments LLC. 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.

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.

One share of MFIN stock can currently be purchased for approximately $2.28.

Medallion Financial has a market capitalization of $56.57 million and generates $152.95 million in revenue each year. The credit services provider earns $-1,760,000.00 in net income (profit) each year or $0.06 on an earnings per share basis. Medallion Financial employs 177 workers across the globe.

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

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]