Should I buy or sell Medallion Financial stock right now?

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

What is Medallion Financial's stock price target for 2024?

1 brokers have issued 1 year price objectives for Medallion Financial's shares. Their MFIN share price targets range from $12.00 to $12.00. On average, they expect the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 52.3% 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 2024?

Medallion Financial's stock was trading at $9.85 at the beginning of the year. Since then, MFIN stock has decreased by 20.0% and is now trading at $7.88. View the best growth stocks for 2024 here .

When is Medallion Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our MFIN earnings forecast .

How were Medallion Financial's earnings last quarter?

Medallion Financial Corp. (NASDAQ:MFIN) posted its earnings results on Tuesday, February, 20th. The credit services provider reported $0.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.61 by $0.01. The credit services provider earned $52.01 million during the quarter, compared to analyst estimates of $54.89 million. Medallion Financial had a trailing twelve-month return on equity of 14.02% and a net margin of 20.99%.

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

Medallion Financial announced a quarterly dividend on Friday, February 16th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.10 per share on Thursday, March 28th. This represents a $0.40 annualized dividend and a dividend yield of 5.08%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for MFIN .

Is Medallion Financial a good dividend stock?

Medallion Financial (NASDAQ:MFIN) pays an annual dividend of $0.40 per share and currently has a dividend yield of 5.17%. MFIN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFIN will have a dividend payout ratio of 20.10% 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?

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) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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

NASDAQ:MFIN

Medallion Financial (MFIN) Stock Price, News & Analysis

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Free MFIN Stock Alerts

$7.88

+0.15 (+1.94%)

(As of 04/18/2024 ET)

Compare

Today's Range: $7.69
▼
$7.97
50-Day Range: $7.30
▼
$9.99
52-Week Range: $5.64
▼
$10.49

Volume: 108,763 shs
Average Volume: 99,550 shs
Market Capitalization: $185.05 million

P/E Ratio: 3.32
Dividend Yield: 5.08%
Price Target: $12.00

Get Medallion Financial alerts:

Medallion Financial MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 52.3% Upside
$12.00 Price Target
Short Interest: Bearish
5.94% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.25
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 30.92%
From $1.52 to $1.99 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.04 out of 5 stars

Finance Sector

304th out of 822 stocks

Nondepository Credit Institutions Industry

7th out of 43 stocks

3.5

Analyst's Opinion

Consensus Rating
Medallion Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Medallion Financial has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
5.94% of the float of Medallion Financial has been sold short.
Short Interest Ratio / Days to Cover
Medallion Financial has a short interest ratio ("days to cover") of 10, which indicates bearish sentiment.
Change versus previous month
Short interest in Medallion Financial has recently increased by 2.52%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Leadership
Medallion Financial is a leading dividend payer. It pays a dividend yield of 5.17%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Medallion Financial has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Medallion Financial is 16.88%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Medallion Financial will have a dividend payout ratio of 20.10% next year. This indicates that Medallion Financial will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MFIN.

1.8

News and Social Media Coverage

News Sentiment
Medallion Financial has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Medallion Financial this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for MFIN on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added Medallion Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Medallion Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
22.35% of the stock of Medallion Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
40.56% of the stock of Medallion Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Medallion Financial are expected to grow by 30.92% in the coming year, from $1.52 to $1.99 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Medallion Financial is 3.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Medallion Financial is 3.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.67.
Price to Book Value per Share Ratio
Medallion Financial has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Medallion Financial Stock (NASDAQ:MFIN)

Medallion Financial Corp., together with its subsidiaries, operates as a specialty finance company in the United States. It operates in four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and Taxi Medallion Lending. The company offers loans that finance consumer purchases of recreational vehicles, boats, and other consumer recreational equipment; consumer financing for window, siding, and roof replacement, swimming pool installations, and other home improvement projects; senior and subordinated loans for the purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and taxi medallion loans to individuals and small to mid-size businesses. It also provides debt, mezzanine, and equity investment capital to companies in various commercial 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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MFIN Stock News Headlines

April 17, 2024 | money.usnews.com

Medallion Financial Corp.

April 16, 2024 | finance.yahoo.com

Medallion Financial Corp. (MFIN)

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 15, 2024 | seekingalpha.com

Medallion Financial: Dividend Growth Opportunity In Preferred Shares

April 12, 2024 | finance.yahoo.com

ZimCal Asset Management, LLC and Its Affiliates Nominate Two Highly Qualified, Independent Candidates to the Board of Medallion Financial Corp.

April 12, 2024 | businesswire.com

ZimCal Asset Management, LLC and Its Affiliates Nominate Two Highly Qualified, Independent Candidates to the Board of Medallion Financial Corp.

April 12, 2024 | americanbankingnews.com

Medallion Financial (NASDAQ:MFIN) Lowered to Hold at StockNews.com

April 11, 2024 | globenewswire.com

Medallion Bank Announces Fintech Strategic Partnership With TriBeam Financial

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 16, 2024 | finance.yahoo.com

MFIN Apr 2024 7.500 put

February 24, 2024 | msn.com

Medallion Financial (MFIN) Price Target Increased by 9.09% to 12.24

February 22, 2024 | uk.news.yahoo.com

Kitchen expert reveals hack to stop dishwasher issue that annoys millions of Brits

February 22, 2024 | finance.yahoo.com

Medallion Financial Corp. (NASDAQ:MFIN) Q4 2023 Earnings Call Transcript

February 21, 2024 | finance.yahoo.com

Q4 2023 Medallion Financial Corp Earnings Call

February 21, 2024 | finance.yahoo.com

Medallion Financial Corp. (NASDAQ:MFIN) most popular amongst individual investors who own 49% of the shares, institutions hold 23%

February 21, 2024 | msn.com

HSBC, Medallion Financial, Bit Brother in financials losers

February 20, 2024 | finance.yahoo.com

Here's What Key Metrics Tell Us About Medallion Financial (MFIN) Q4 Earnings

February 20, 2024 | benzinga.com

Medallion Finl: Q4 Earnings Insights

February 20, 2024 | finance.yahoo.com

Medallion Financial Corp. Reports 2023 Fourth Quarter and Full-Year Results

February 20, 2024 | globenewswire.com

Medallion Financial Corp. Reports 2023 Fourth Quarter and Full-Year Results

February 19, 2024 | msn.com

Medallion Financial Q4 2023 Earnings Preview

February 19, 2024 | benzinga.com

Earnings Preview: Medallion Finl

February 7, 2024 | finance.yahoo.com

Medallion Financial Corp. to Report 2023 Fourth Quarter and Full-Year Results on Tuesday, February 20, 2024

January 30, 2024 | finance.yahoo.com

Medallion Bank Reports 2023 Fourth Quarter and Full-Year Results and Declares Series F Preferred Stock Dividend

January 25, 2024 | finance.yahoo.com

Investors in Medallion Financial (NASDAQ:MFIN) have seen impressive returns of 104% over the past five years

December 14, 2023 | stocknews.com

Under $10 POWR Stock of the Week: Medallion Financial (MFIN)

December 1, 2023 | finance.yahoo.com

Medallion Financial (MFIN) Just Flashed Golden Cross Signal: Do You Buy?

See More Headlines

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Company Calendar

Last Earnings: 2/20/2024
Ex-Dividend for 3/28 Dividend: 3/14/2024
Dividend Payable: 3/28/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/06/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Nondepository credit institutions
Sub-Industry: Asset Management & Custody Banks
Current Symbol: NASDAQ:MFIN
Previous Symbol: NASDAQ:TAXI
CUSIP: 58392810
CIK: 1000209
Web: www.medallion.com
Phone: (212) 328-2100
Fax: 212-328-2121
Employees: 169
Year Founded: 1979

Price Target and Rating

Average Stock Price Target: $12.00
High Stock Price Target: $12.00
Low Stock Price Target: $12.00
Potential Upside/Downside: +52.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.37
Trailing P/E Ratio: 3.32
Forward P/E Ratio: 5.18
P/E Growth: N/A
Net Income: $55.08 million
Net Margins: 20.99%
Pretax Margin: 32.79%
Return on Equity: 14.02%
Return on Assets: 2.20%

Debt

Debt-to-Equity Ratio: 0.57
Current Ratio: 1.20
Quick Ratio: 1.20

Sales & Book Value

Annual Sales: $262.36 million
Price / Sales: 0.71
Cash Flow: $3.02 per share
Price / Cash Flow: 2.61
Book Value: $17.62 per share
Price / Book: 0.45

Miscellaneous

Outstanding Shares: 23,480,000
Free Float: 18,235,000
Market Cap: $185.02 million
Optionable: Optionable
Beta: 2.06

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Key Executives

Mr. Alvin Murstein (Age 89)
Chairman & CEO
Comp: $2.2M
Mr. Andrew M. Murstein (Age 60)
President, COO & Non-Independent Director
Comp: $3.57M
Mr. Anthony N. Cutrone (Age 44)
Executive VP & CFO
Comp: $1.18M
Mr. David Justin Haley (Age 49)
Executive VP & CFO of Medallion Bank
Comp: $602.78k
Mr. Donald S. Poulton (Age 71)
CEO & President of Medallion Bank
Comp: $1.19M
Ms. Marisa T. Silverman (Age 45)
Executive VP, Chief Compliance Officer, General Counsel & Secretary
Mr. Thomas J. Munson (Age 41)
Executive VP & Chief Credit Officer
Mr. Dean R. Pickerell (Age 76)
Acting President & Executive VP of Medallion Capital, Inc.
Comp: $500.2k
Mr. Alexander S. Travis (Age 47)
President of Medallion Capital Inc.
Comp: $487.17k
Mr. Stephen A. Lewis (Age 75)
Senior Vice President of Medallion Capital, Inc.
Comp: $444.52k

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MFIN Stock Analysis - Frequently Asked Questions

Should I buy or sell Medallion Financial stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Medallion Financial in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MFIN shares.
View MFIN analyst ratings or view top-rated stocks.
What is Medallion Financial's stock price target for 2024?: 1 brokers have issued 1 year price objectives for Medallion Financial's shares. Their MFIN share price targets range from $12.00 to $12.00. On average, they expect the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 52.3% 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 2024?: Medallion Financial's stock was trading at $9.85 at the beginning of the year. Since then, MFIN stock has decreased by 20.0% and is now trading at $7.88.
View the best growth stocks for 2024 here.
When is Medallion Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our MFIN earnings forecast.
How were Medallion Financial's earnings last quarter?: Medallion Financial Corp. (NASDAQ:MFIN) posted its earnings results on Tuesday, February, 20th. The credit services provider reported $0.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.61 by $0.01. The credit services provider earned $52.01 million during the quarter, compared to analyst estimates of $54.89 million. Medallion Financial had a trailing twelve-month return on equity of 14.02% and a net margin of 20.99%.
How often does Medallion Financial pay dividends? What is the dividend yield for Medallion Financial?: Medallion Financial announced a quarterly dividend on Friday, February 16th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.10 per share on Thursday, March 28th. This represents a $0.40 annualized dividend and a dividend yield of 5.08%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for MFIN.

Is Medallion Financial a good dividend stock?: Medallion Financial (NASDAQ:MFIN) pays an annual dividend of $0.40 per share and currently has a dividend yield of 5.17%. MFIN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFIN will have a dividend payout ratio of 20.10% 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?: 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).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
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

This page (NASDAQ:MFIN) was last updated on 4/19/2024 by MarketBeat.com Staff

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Medallion Financial (MFIN) Stock Price, News & Analysis

Medallion Financial MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Medallion Financial Stock (NASDAQ:MFIN)

MFIN Stock Price History

MFIN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

MFIN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™