NASDAQ:MFIN

Medallion Financial Stock Forecast, Price & News

$2.50

+0.18 (+7.76 %)

(As of 10/29/2020 03:03 PM ET)

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Today's Range

$2.43

Now: $2.50▼

$2.50

50-Day Range

$2.38

MA: $2.58▼

$2.83

52-Week Range

$1.29

Now: $2.50▼

$7.40

Volume302 shs

Average Volume132,136 shs

Market Capitalization$62.04 million

P/E RatioN/A

Dividend YieldN/A

Beta2.41

Medallion Financial Corp., through with its subsidiaries, operates as a finance company in the United States. It originates, acquires, and services loans that finance taxi 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.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Medallion Financial has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.50, Medallion Financial has a forecasted upside of 160.0% from its current price of $2.50.
Amount of Analyst Coverage
Medallion Financial has only been the subject of 2 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
Medallion Financial has received 224 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Medallion Financial has received 274 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Medallion Financial has received 55.02% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Medallion Financial does not currently pay a dividend.
Dividend Growth
Medallion Financial does not have a long track record of dividend growth.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Medallion Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $7,425.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 17.10% of the stock of Medallion Financial is held by insiders.
Percentage Held by Institutions
Only 23.90% of the stock of Medallion Financial is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Medallion Financial are expected to grow in the coming year, from ($0.47) to $0.86 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Medallion Financial is -6.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Medallion Financial is -6.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Medallion Financial has a P/B Ratio of 0.18. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.94 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Nondepository credit institutions

Sub-IndustryAsset Management & Custody Banks

SectorFinance

Current SymbolNASDAQ:MFIN

Previous SymbolNASDAQ:TAXI

CUSIP58392810

CIK1000209

Webwww.medallion.com

Phone212-328-2100

Employees191

Debt

Debt-to-Equity Ratio0.49

Current Ratio1.13

Quick Ratio1.13

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$152.95 million

Price / Sales0.41

Cash Flow$0.59 per share

Price / Cash Flow4.24

Book Value$13.59 per share

Price / Book0.18

Profitability

EPS (Most Recent Fiscal Year)$0.06

Net Income$-1,760,000.00

Net Margins-6.60%

Return on Equity-3.12%

Return on Assets-0.63%

Miscellaneous

Outstanding Shares24,816,000

Market Cap$62.04 million

Next Earnings Date11/4/2020 (Estimated)

OptionableOptionable

$2.50

+0.18 (+7.76 %)

(As of 10/29/2020 03:03 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MFIN stock has decreased by 37.7% and is now trading at $2.50.
View which stocks have been most impacted by COVID-19.

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 Wednesday, November 4th 2020.
View our earnings forecast for Medallion Financial.

How were Medallion Financial's earnings last quarter?

Medallion Financial Corp. (NASDAQ:MFIN) issued its quarterly earnings results on Monday, August, 3rd. The credit services provider reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by $0.11. The credit services provider had revenue of $30.01 million for the quarter, compared to the consensus estimate of $31.65 million. Medallion Financial had a negative return on equity of 3.12% and a negative net margin of 6.60%.
View Medallion Financial's earnings history.

What price target have analysts set for MFIN?

4 brokers have issued 12-month price objectives for Medallion Financial's stock. Their forecasts range from $3.00 to $10.00. On average, they anticipate Medallion Financial's stock price to reach $6.50 in the next twelve months. This suggests a possible upside of 160.0% from the stock's current price.
View analysts' price targets for Medallion Financial.

Who are some of Medallion Financial's key competitors?

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

What other stocks do shareholders of Medallion Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Medallion Financial investors own include International Business Machines (IBM), Rexahn Pharmaceuticals (REXN), Ekso Bionics (EKSO), Herman Miller (MLHR), Adams Diversified Equity Fund (ADX), Energy Transfer (ET), iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), TheStreet (TST), Starbucks (SBUX) and Activision Blizzard (ATVI).

Who are Medallion Financial's key executives?

Medallion Financial's management team includes the following people:

Mr. Alvin Murstein, Chairman & CEO (Age 85, Pay $1.29M)
Mr. Andrew M. Murstein, Pres, COO & Non-Independent Director (Age 56, Pay $2.52M)
Mr. Larry D. Hall, Sr. VP & CFO (Age 66, Pay $558.45k)
Mr. Donald S. Poulton, CEO & Pres of Medallion Bank (Age 67, Pay $597.74k)
Mr. Alexander S. Travis, Pres of Medallion Capital Inc. (Age 43, Pay $404.8k)

What is Medallion Financial's stock symbol?

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

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 $2.50.

How big of a company is Medallion Financial?

Medallion Financial has a market capitalization of $62.04 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 191 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 10/29/2020 by MarketBeat.com Staff

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