Medallion Financial - MFIN Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Medallion Financial in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MFIN shares.
View MFIN analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 1-year target prices for Medallion Financial's shares. Their MFIN share price forecasts range from $9.00 to $10.00. On average, they anticipate the company's share price to reach $9.50 in the next year. This suggests a possible upside of 20.9% from the stock's current price.
View analysts price targets for MFIN or view top-rated stocks among Wall Street analysts.

Medallion Financial's stock was trading at $7.14 at the beginning of 2023. Since then, MFIN stock has increased by 10.1% and is now trading at $7.86.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our MFIN earnings forecast.

Medallion Financial Corp. (NASDAQ:MFIN) issued its quarterly earnings data on Monday, February, 13th. The credit services provider reported $0.30 earnings per share for the quarter, hitting the consensus estimate of $0.30. Medallion Financial had a net margin of 21.26% and a trailing twelve-month return on equity of 12.05%.

Medallion Financial declared a quarterly dividend on Wednesday, February 22nd. Shareholders of record on Wednesday, March 15th will be paid a dividend of $0.08 per share on Friday, March 31st. This represents a $0.32 annualized dividend and a dividend yield of 4.07%. The ex-dividend date of this dividend is Tuesday, March 14th.
Read our dividend analysis for MFIN.

Medallion Financial (NASDAQ:MFIN) pays an annual dividend of $0.32 per share and currently has a dividend yield of 4.17%. 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 17.58%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MFIN.

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).

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

Medallion Financial's stock is owned by a number of institutional and retail investors. Top institutional investors include Tieton Capital Management LLC (4.09%), Teton Advisors Inc. (0.42%), O Shaughnessy Asset Management LLC (0.35%), Key Colony Management LLC (0.34%), LSV Asset Management (0.30%) and Connor Clark & Lunn Investment Management Ltd. (0.28%).
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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.
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One share of MFIN stock can currently be purchased for approximately $7.86.

Medallion Financial (NASDAQ:MFIN) has a market capitalization of $183.30 million and generates $156.93 million in revenue each year. The credit services provider earns $43.84 million in net income (profit) each year or $1.82 on an earnings per share basis.

The company employs 136 workers across the globe.

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.