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. Since then, MFIN shares have decreased by 31.4% and is now trading at $2.75. 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) released its quarterly earnings data on Thursday, April, 30th. The credit services provider reported ($0.56) EPS for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.68. The credit services provider earned $19.56 million during the quarter, compared to analysts' expectations 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 brokerages have issued 1 year target prices for Medallion Financial's shares. Their forecasts range from $2.25 to $12.00. On average, they expect Medallion Financial's share price to reach $7.81 in the next twelve months. This suggests a possible upside of 184.1% from the stock's current price. View analysts' price targets for Medallion Financial.

Headlines about MFIN stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Medallion Financial earned a daily sentiment score of -1.2 on InfoTrie's scale. They also assigned news articles 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 stock's share price in the next several days. View the latest news about Medallion Financial.

Medallion Financial saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 667,000 shares, a drop of 18.2% from the June 15th total of 815,900 shares. Based on an average daily volume of 228,800 shares, the short-interest ratio is currently 2.9 days. Approximately 3.3% of the shares of the stock 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), Invesco (IVZ), Legg Mason (LM), Eaton Vance (EV), Affiliated Managers Group (AMG), Cohen & Steers (CNS) 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."

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 $2.75.

Medallion Financial has a market capitalization of $68.23 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]