S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
NASDAQ:MFIN

Medallion Financial (MFIN) Stock Forecast, Price & News

$7.26
-0.18 (-2.42%)
(As of 09/25/2023 ET)
Compare
Today's Range
$7.25
$7.57
50-Day Range
$7.26
$10.24
52-Week Range
$5.64
$10.49
Volume
24,710 shs
Average Volume
61,375 shs
Market Capitalization
$169.59 million
P/E Ratio
3.33
Dividend Yield
4.41%
Price Target
$10.50

Medallion Financial MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
44.6% Upside
$10.50 Price Target
Short Interest
Bearish
6.27% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-19.18%
From $2.19 to $1.77 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Finance Sector

583rd out of 837 stocks

Nondepository Credit Institutions Industry

16th out of 44 stocks


MFIN stock logo

About Medallion Financial (NASDAQ:MFIN) Stock

Medallion Financial Corp., together with its subsidiaries, operates as a finance company in the United States. The company operates through four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and Medallion Lending. It provides loans that finance consumer purchases of recreational vehicles, boats, and trailers; consumer home improvements; commercial businesses; and taxi medallions to individuals, and small to mid-size businesses. The company also offers commercial loans for purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and medallion loans. In addition, it provides debt, mezzanine, and equity investment capital to companies in various industries; and raises deposits and conducts other banking activities. Medallion Financial Corp. was incorporated in 1995 and is headquartered in New York City, New York.

MFIN Price History

MFIN Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
15 Cheapest CBI Programs in 2023
WARNING: Mandatory U.S. Dollar Recall is Weeks Away
If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.
Earnings Outlook For Medallion Finl
MFIN - Medallion Financial Corp.
3 Safe Stocks to Buy for Stability and Income
Q1 2023 Medallion Financial Corp Earnings Call
See More Headlines
Receive MFIN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Medallion Financial and its competitors with MarketBeat's FREE daily newsletter.

MFIN Company Calendar

Last Earnings
7/24/2023
Ex-Dividend for 8/31 Dividend
8/14/2023
Dividend Payable
8/31/2023
Today
9/26/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
Current Symbol
NASDAQ:MFIN
Previous Symbol
NASDAQ:TAXI
CUSIP
58392810
Employees
158
Year Founded
1979

Price Target and Rating

Average Stock Price Forecast
$10.50
High Stock Price Forecast
$12.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+44.6%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$43.84 million
Pretax Margin
33.45%

Debt

Sales & Book Value

Annual Sales
$206.15 million
Cash Flow
$2.46 per share
Book Value
$16.16 per share

Miscellaneous

Free Float
18,141,000
Market Cap
$169.59 million
Optionable
Optionable
Beta
2.05

Social Links

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

  • Mr. Alvin Murstein (Age 88)
    Chairman & CEO
    Comp: $2.2M
  • Mr. Andrew M. Murstein (Age 59)
    Pres, COO & Non-Independent Director
    Comp: $3.57M
  • Mr. Anthony N. Cutrone (Age 43)
    Exec. VP & CFO
    Comp: $1.18M
  • Mr. David Justin Haley (Age 49)
    Exec. VP & CFO of Medallion Bank
    Comp: $602.78k
  • Mr. Donald S. Poulton (Age 70)
    CEO & Pres of Medallion Bank
    Comp: $1.19M
  • Ms. Marisa T. Silverman (Age 44)
    Exec. VP, Chief Compliance Officer, Gen. Counsel & Sec.
  • Mr. Thomas J. Munson (Age 40)
    Exec. VP & Chief Credit Officer
  • Mr. Dean R. Pickerell (Age 75)
    Acting Pres & Exec. VP of Medallion Capital, Inc.
  • Mr. Alexander S. Travis (Age 46)
    Pres of Medallion Capital Inc.
  • Mr. Stephen A. Lewis (Age 74)
    Sr. VP of Medallion Capital, Inc.













MFIN Stock - Frequently Asked Questions

Should I buy or sell Medallion Financial stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Medallion Financial in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MFIN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MFIN, but not buy additional shares or sell existing shares.
View MFIN analyst ratings
or view top-rated stocks.

What is Medallion Financial's stock price forecast for 2023?

3 Wall Street analysts have issued twelve-month target prices for Medallion Financial's stock. Their MFIN share price forecasts range from $9.00 to $12.00. On average, they anticipate the company's stock price to reach $10.50 in the next twelve months. This suggests a possible upside of 44.6% from the stock's current price.
View analysts price targets for MFIN
or view top-rated stocks among Wall Street analysts.

How have MFIN shares performed in 2023?

Medallion Financial's stock was trading at $7.14 at the start of the year. Since then, MFIN shares have increased by 1.7% and is now trading at $7.26.
View the best growth stocks for 2023 here
.

When is Medallion Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our MFIN earnings forecast
.

How were Medallion Financial's earnings last quarter?

Medallion Financial Corp. (NASDAQ:MFIN) issued its quarterly earnings data on Monday, July, 24th. The credit services provider reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.25. The credit services provider earned $63.67 million during the quarter, compared to the consensus estimate of $45.40 million. Medallion Financial had a trailing twelve-month return on equity of 13.45% and a net margin of 21.99%. During the same period in the previous year, the firm earned $0.54 earnings per share.

How often does Medallion Financial pay dividends? What is the dividend yield for Medallion Financial?

Medallion Financial declared a quarterly dividend on Thursday, July 20th. Stockholders of record on Tuesday, August 15th will be given a dividend of $0.08 per share on Thursday, August 31st. This represents a $0.32 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date is Monday, August 14th.
Read our dividend analysis for MFIN
.

Is Medallion Financial a good dividend stock?

Medallion Financial (NASDAQ:MFIN) pays an annual dividend of $0.32 per share and currently has a dividend yield of 4.30%. MFIN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFIN will have a dividend payout ratio of 18.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MFIN.

What other stocks do shareholders of Medallion Financial own?
What is Medallion Financial's stock symbol?

Medallion Financial trades on the NASDAQ under the ticker symbol "MFIN."

Who are Medallion Financial's major shareholders?

Medallion Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include Tieton Capital Management LLC (3.71%), Stifel Financial Corp (1.22%), Geode Capital Management LLC (0.80%), Gamco Investors INC. ET AL (0.71%), Gamco Investors INC. ET AL (0.71%) and BlackRock Inc. (0.52%).
View institutional ownership trends
.

How do I buy shares of Medallion Financial?

Shares of MFIN stock 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.
Compare Top Brokerages Here.

What is Medallion Financial's stock price today?

One share of MFIN stock can currently be purchased for approximately $7.26.

How much money does Medallion Financial make?

Medallion Financial (NASDAQ:MFIN) has a market capitalization of $169.59 million and generates $206.15 million in revenue each year. The credit services provider earns $43.84 million in net income (profit) each year or $2.18 on an earnings per share basis.

How many employees does Medallion Financial have?

The company employs 158 workers across the globe.

Does Medallion Financial have any subsidiaries?
The following companies are subsidiares of Medallion Financial: Freshstart Venture Capital Corp, Medallion Bank, Medallion Capital Inc, and Medallion Funding LLC.
Read More
How can I contact Medallion Financial?

Medallion Financial's mailing address is 437 MADISON AVE 38 TH FLOOR, NEW YORK NY, 10022. The official website for the company is www.medallion.com. The credit services provider can be reached via phone at (212) 328-2100, via email at investorrelations@medallion.com, or via fax at 212-328-2121.

This page (NASDAQ:MFIN) was last updated on 9/26/2023 by MarketBeat.com Staff

My Account -