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.
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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
Employees177
Next Earnings Date11/11/2019 (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 Monday, August, 5th. The credit services provider reported ($0.31) EPS for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.36. The credit services provider had revenue of $24.88 million for the quarter, compared to analysts' expectations of $31.52 million. Medallion Financial had a negative net margin of 1.05% and a negative return on equity of 0.63%. 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 price objectives for Medallion Financial's shares. Their forecasts range from $10.00 to $12.00. On average, they expect Medallion Financial's share price to reach $10.6667 in the next year. This suggests a possible upside of 72.0% 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Medallion Financial.
What are Wall Street analysts saying about Medallion Financial stock?
Here are some recent quotes from research analysts about Medallion Financial stock:
- 1. According to Zacks Investment Research, "Medallion Financial Corp. is a specialty finance company that originates and services loans that finance taxicab medallions and various types of commercial loans. " (8/6/2019)
- 2. Northland Securities analysts commented, "We believe 2019 should be about even more progress. Recently, MFIN announced a $30M note offering at 8.25%. Proceeds from the raise are expected to be used for increasing the capital base at Medallion Bank, possibly working through some legacy debt at a discount and strategic options." (4/15/2019)
Has Medallion Financial been receiving favorable news coverage?
Media headlines about MFIN stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Medallion Financial earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned press coverage about the credit services provider a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Medallion Financial.
Are investors shorting Medallion Financial?
Medallion Financial saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,941,800 shares, an increase of 9.9% from the July 31st total of 1,767,000 shares. Based on an average daily volume of 182,100 shares, the short-interest ratio is presently 10.7 days. Currently, 9.5% of the company's shares are short sold. View Medallion Financial's Current Options Chain.
Who are some of Medallion Financial's key competitors?
Some companies that are related to Medallion Financial include Yirendai (YRD), Fincera (YUANF), X Financial (XYF), America First Multifamily Investors (ATAX), Weidai (WEI), CNFinance (CNF), On Deck Capital (ONDK), Elevate Credit (ELVT), Wins Finance (WINS), Security National Financial (SNFCA), Hexindai (HX), Mogo Finance Technology (MOGO), Consumer Portfolio Services (CPSS), Harvest Capital Credit (HCAP) and China Rapid Finance (XRF).
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 variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.02%), Morgan Stanley (2.34%), Tieton Capital Management LLC (0.92%), Bank of New York Mellon Corp (0.54%), Vanguard Group Inc. (0.31%) and Advisor Group Inc. (0.29%). 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 major investors are selling Medallion Financial stock?
Which major investors are buying Medallion Financial stock?
MFIN stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Bank of New York Mellon Corp, Charles Schwab Investment Management Inc., Northern Trust Corp, Tieton Capital Management LLC, Tower Research Capital LLC TRC and JPMorgan Chase & Co.. 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 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 $6.20.
How big of a company is Medallion Financial?
Medallion Financial has a market capitalization of $152.51 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 177 workers across the globe.View Additional Information About Medallion Financial.
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.
