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NASDAQ:MFINMedallion Financial Stock Price, Forecast & News

$2.33
-0.15 (-6.05 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$2.26
Now: $2.33
$2.49
50-Day Range
$1.96
MA: $2.32
$2.93
52-Week Range
$1.29
Now: $2.33
$7.40
Volume122,265 shs
Average Volume199,396 shs
Market Capitalization$57.81 million
P/E RatioN/A
Dividend YieldN/A
Beta2.55
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. It also provides secured mezzanine loans to businesses in various industries; other secured commercial loans; and other debt, mezzanine, and equity investment capital to companies in various industries. In addition, the company raises deposits and conducts other banking activities. Medallion Financial Corp. was founded in 1995 and is headquartered in New York City, New York.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.36 out of 5 stars


Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:MFIN
Previous SymbolNASDAQ:TAXI
CUSIP58392810
Phone212-328-2100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$152.95 million
Cash Flow$0.53 per share
Book Value$12.92 per share

Profitability

Net Income$-1,760,000.00

Miscellaneous

Employees177
Market Cap$57.81 million
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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Medallion Financial (NASDAQ:MFIN) Frequently Asked Questions

How has Medallion Financial's stock been impacted by COVID-19 (Coronavirus)?

Medallion Financial's stock was trading at $4.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MFIN stock has decreased by 41.9% and is now trading at $2.33. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Medallion Financial?

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.

When is Medallion Financial's next earnings date?

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

How were Medallion Financial's earnings last quarter?

Medallion Financial Corp (NASDAQ:MFIN) announced its quarterly earnings data on Thursday, April, 30th. The credit services provider reported ($0.56) EPS for the quarter, missing the consensus estimate of $0.12 by $0.68. The credit services provider had revenue of $19.56 million for the quarter, compared to analysts' expectations of $29.49 million. Medallion Financial had a negative net margin of 9.27% and a negative return on equity of 4.35%. View Medallion Financial's earnings history.

What price target have analysts set for MFIN?

4 equities research analysts have issued twelve-month target prices for Medallion Financial's stock. Their forecasts range from $2.25 to $12.00. On average, they anticipate Medallion Financial's share price to reach $7.81 in the next twelve months. This suggests a possible upside of 235.3% from the stock's current price. View analysts' price targets for Medallion Financial.

Has Medallion Financial been receiving favorable news coverage?

Media stories about MFIN stock have trended extremely negative on Sunday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Medallion Financial earned a media sentiment score of -4.3 on InfoTrie's scale. They also gave press coverage about the credit services provider a news buzz of 1.0 out of 10, meaning that recent press 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.

Are investors shorting Medallion Financial?

Medallion Financial saw a increase in short interest in the month of 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 daily trading volume, of 164,700 shares, the short-interest ratio is currently 3.9 days. Currently, 3.1% of the shares of the stock are sold short. View Medallion Financial's Current Options Chain.

Who are some of Medallion Financial's key competitors?

What other stocks do shareholders of Medallion Financial own?

Who are Medallion Financial's key executives?

Medallion Financial's management team includes the following 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)

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 a number of institutional and retail investors. Top institutional shareholders 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.

Which institutional investors are selling Medallion Financial stock?

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.

Which institutional investors are buying Medallion Financial stock?

MFIN stock was bought 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.

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 $2.33.

How big of a company is Medallion Financial?

Medallion Financial has a market capitalization of $57.81 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.

What is Medallion Financial's official website?

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

How can I contact Medallion Financial?

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]

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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