NASDAQ:MFIN - Medallion Financial Stock Price, Forecast & News

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

Medallion Financial Corp (NASDAQ:MFIN) issued its quarterly earnings data on Wednesday, October, 30th. The credit services provider reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.09. The credit services provider had revenue of $34.29 million for the quarter, compared to analysts' expectations of $31.09 million. Medallion Financial had a return on equity of 2.71% and a net margin of 4.56%. View Medallion Financial's Earnings History.

Medallion Financial is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Medallion Financial.

3 equities research analysts have issued 1 year price objectives for Medallion Financial's shares. Their forecasts range from $10.00 to $12.00. On average, they expect Medallion Financial's stock price to reach $10.67 in the next year. This suggests a possible upside of 60.4% from the stock's current price. View Analyst Price Targets for Medallion Financial.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Medallion Financial in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Medallion Financial.

News headlines about MFIN stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Medallion Financial earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the credit services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Medallion Financial.

Medallion Financial saw a decline in short interest in January. As of January 15th, there was short interest totalling 1,110,000 shares, a decline of 18.4% from the December 31st total of 1,360,000 shares. Based on an average daily volume of 69,600 shares, the short-interest ratio is presently 15.9 days. Approximately 5.4% of the company's stock are short sold. 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), Invesco (IVZ), Ares Capital (ARCC), Eaton Vance (EV), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Federated Investors (FII) and Legg Mason (LM).

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), Ekso Bionics (EKSO), Adams Diversified Equity Fund (ADX), TheStreet (TST), Energy Transfer LP Unit (ET), iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), Starbucks (SBUX) and Activision Blizzard (ATVI).

Medallion Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include California Public Employees Retirement System (0.14%) and Ridgewood Investments LLC (0.05%). 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.

MFIN stock was sold by a variety of institutional investors in the last quarter, including Ridgewood Investments LLC. View Insider Buying and Selling for Medallion Financial.

MFIN stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System. 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 for 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.

One share of MFIN stock can currently be purchased for approximately $6.65.

Medallion Financial has a market capitalization of $163.65 million and generates $142.84 million in revenue each year. The credit services provider earns $-13,400,000.00 in net income (profit) each year or ($0.54) on an earnings per share basis. Medallion Financial employs 177 workers across the globe.View Additional Information About Medallion Financial.

The official website for Medallion Financial is http://www.medallion.com/.

Medallion Financial's mailing address is 437 MADISON AVENUE 38TH FLOOR, NEW YORK NY, 10022. The credit services provider can be reached via phone at 212-328-2100 or via email at [email protected]