S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
NYSE:MED

Medifast Stock Forecast, Price & News

$192.03
-5.23 (-2.65%)
(As of 01/21/2022 04:00 PM ET)
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Today's Range
$190.28
$197.31
50-Day Range
$192.03
$230.36
52-Week Range
$184.48
$336.99
Volume
105,089 shs
Average Volume
127,828 shs
Market Capitalization
$2.23 billion
P/E Ratio
14.40
Dividend Yield
2.88%
Beta
1.42
30 days | 90 days | 365 days | Advanced Chart
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Medifast logo

About Medifast

Medifast, Inc. engages in the provision of healthy living products and programs. It offers the OPTAVIA brand-a highly competitive and effective lifestyle solution centered on developing new healthy habits through smaller, foundational changes called micro-habits. The company was founded by William Vitale in 1981 and is headquartered in Baltimore, MD.

Headlines

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Industry, Sector and Symbol

Industry
Miscellaneous food preparations & kindred products
Sub-Industry
Personal Products
CUSIP
58470H10
Employees
713
Year Founded
N/A

Sales & Book Value

Annual Sales
$934.84 million
Cash Flow
$9.28 per share
Book Value
$13.36 per share

Profitability

Net Income
$102.86 million
Pretax Margin
14.66%

Debt

Price-To-Earnings

Miscellaneous

Free Float
11,337,000
Market Cap
$2.23 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 11/8 Dividend
9/20/2021
Last Earnings
11/04/2021
Dividend Payable
11/08/2021
Ex-Dividend for 2/8 Dividend
12/20/2021
Today
1/23/2022
Dividend Payable
2/08/2022
Next Earnings (Estimated)
2/24/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

3.41 out of 5 stars

Consumer Staples Sector

2nd out of 184 stocks

Miscellaneous Food Preparations & Kindred Products Industry

1st out of 6 stocks

Analyst Opinion: 3.5Community Rank: 4.4Dividend Strength: 3.3Insider Behavior: 3.3Valuation: 2.5 5 -4 -3 -2 -1 -












Medifast (NYSE:MED) Frequently Asked Questions

Is Medifast a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Medifast in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Medifast stock.
View analyst ratings for Medifast
or view top-rated stocks.

How has Medifast's stock price been impacted by Coronavirus (COVID-19)?

Medifast's stock was trading at $70.44 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MED shares have increased by 172.6% and is now trading at $192.03.
View which stocks have been most impacted by COVID-19
.

When is Medifast's next earnings date?

Medifast is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for Medifast
.

How were Medifast's earnings last quarter?

Medifast, Inc. (NYSE:MED) released its earnings results on Thursday, November, 4th. The specialty retailer reported $3.56 earnings per share for the quarter, topping the consensus estimate of $2.92 by $0.64. The specialty retailer had revenue of $413.40 million for the quarter, compared to analysts' expectations of $402.80 million. Medifast had a trailing twelve-month return on equity of 87.41% and a net margin of 11.18%. Medifast's revenue was up 52.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.91 earnings per share.
View Medifast's earnings history
.

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

Medifast announced a quarterly dividend on Thursday, December 9th. Investors of record on Tuesday, December 21st will be given a dividend of $1.42 per share on Tuesday, February 8th. This represents a $5.68 annualized dividend and a yield of 2.96%. The ex-dividend date of this dividend is Monday, December 20th.
View Medifast's dividend history
.

Is Medifast a good dividend stock?

Medifast pays an annual dividend of $5.68 per share and currently has a dividend yield of 2.88%. Medifast has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Medifast is 42.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Medifast will have a dividend payout ratio of 35.08% next year. This indicates that Medifast will be able to sustain or increase its dividend.
View Medifast's dividend history.

What guidance has Medifast issued on next quarter's earnings?

Medifast issued an update on its FY 2021 earnings guidance on Thursday, December, 2nd. The company provided earnings per share guidance of $13.270-$13.960 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $13.930. The company issued revenue guidance of $1.51 billion-$1.53 billion, compared to the consensus revenue estimate of $1.52 billion.

What price target have analysts set for MED?

3 brokers have issued 1 year target prices for Medifast's stock. Their forecasts range from $265.00 to $400.00. On average, they anticipate Medifast's share price to reach $338.00 in the next year. This suggests a possible upside of 76.0% from the stock's current price.
View analysts' price targets for Medifast
or view top-rated stocks among Wall Street analysts.

Who are Medifast's key executives?

Medifast's management team includes the following people:
  • Daniel R. Chard, Executive Chairman & Chief Executive Officer
  • James P. Maloney, Chief Financial Officer
  • William Baker, Executive Vice President-Information Technology
  • Jason L. Groves, Secretary, Executive VP & General Counsel
  • Nicholas M. Johnson, EVP-Coach Success & Market President

What is Daniel Chard's approval rating as Medifast's CEO?

44 employees have rated Medifast CEO Daniel Chard on Glassdoor.com. Daniel Chard has an approval rating of 93% among Medifast's employees. This puts Daniel Chard in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Medifast own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Medifast investors own include NVIDIA (NVDA), Alibaba Group (BABA), AbbVie (ABBV), Home Depot (HD), Boeing (BA), Johnson & Johnson (JNJ), Intel (INTC), Cisco Systems (CSCO), AT&T (T) and Exxon Mobil (XOM).

What is Medifast's stock symbol?

Medifast trades on the New York Stock Exchange (NYSE) under the ticker symbol "MED."

Who are Medifast's major shareholders?

Medifast's stock is owned by a number of institutional and retail investors. Top institutional investors include Nordea Investment Management AB (0.47%), Russell Investments Group Ltd. (0.26%), Chickasaw Capital Management LLC (0.25%), State of Alaska Department of Revenue (0.07%), Agate Pass Investment Management LLC (0.06%) and Louisiana State Employees Retirement System (0.05%). Company insiders that own Medifast stock include Constance J Hallquist, Daniel R Chard, Jeffrey J Brown, Jeffrey J Brown, Kevin G Byrnes, Michael C Macdonald and Scott Schlackman.
View institutional ownership trends for Medifast
.

Which institutional investors are selling Medifast stock?

MED stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Crossmark Global Holdings Inc., Chickasaw Capital Management LLC, Nordea Investment Management AB, State of Alaska Department of Revenue, Louisiana State Employees Retirement System, and Newbridge Financial Services Group Inc.. Company insiders that have sold Medifast company stock in the last year include Constance J Hallquist, Daniel R Chard, Kevin G Byrnes, and Scott Schlackman.
View insider buying and selling activity for Medifast
or view top insider-selling stocks.

Which institutional investors are buying Medifast stock?

MED stock was bought by a variety of institutional investors in the last quarter, including Agate Pass Investment Management LLC, First Hawaiian Bank, and Brookstone Capital Management.
View insider buying and selling activity for Medifast
or or view top insider-buying stocks.

How do I buy shares of Medifast?

Shares of MED 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.
Compare Top Brokerages Here.

What is Medifast's stock price today?

One share of MED stock can currently be purchased for approximately $192.03.

How much money does Medifast make?

Medifast has a market capitalization of $2.23 billion and generates $934.84 million in revenue each year. The specialty retailer earns $102.86 million in net income (profit) each year or $13.34 on an earnings per share basis.

How many employees does Medifast have?

Medifast employs 713 workers across the globe.

What is Medifast's official website?

The official website for Medifast is www.medifast1.com.

Where are Medifast's headquarters?

Medifast is headquartered at 100 International Drive, Baltimore MD, 21202.

How can I contact Medifast?

Medifast's mailing address is 100 International Drive, Baltimore MD, 21202. The specialty retailer can be reached via phone at (410) 581-8042, via email at [email protected], or via fax at 410-581-8070.


This page was last updated on 1/23/2022 by MarketBeat.com Staff

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