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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:MED

Medifast Stock Forecast, Price & News

$208.57
-7.22 (-3.35 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$202.96
Now: $208.57
$214.72
50-Day Range
$184.72
MA: $200.94
$218.13
52-Week Range
$49.03
Now: $208.57
$226.77
Volume149,370 shs
Average Volume113,483 shs
Market Capitalization$2.45 billion
P/E Ratio26.10
Dividend Yield2.12%
Beta1.52
Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. It offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape for Life, and Flavors of Home brands. The company markets its products through direct ecommerce platform and franchise weight control center channels. Medifast, Inc. was founded in 1980 and is headquartered in Baltimore, Maryland.
Medifast logo

MarketRank

Overall MarketRank

2.02 out of 5 stars

Consumer Staples Sector

30th out of 247 stocks

Miscellaneous Food Preparations & Kindred Products Industry

1st out of 8 stocks

Analyst Opinion: 2.5Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Miscellaneous food preparations & kindred products
Sub-IndustryPersonal Products
CUSIP58470H10
Phone410-581-8042
Employees550

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$713.67 million
Cash Flow$6.50 per share
Book Value$9.03 per share

Profitability

Net Income$77.92 million

Miscellaneous

Market Cap$2.45 billion
Next Earnings Date2/24/2021 (Estimated)
OptionableOptionable
$208.57
-7.22 (-3.35 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Medifast (NYSE:MED) Frequently Asked Questions

How has Medifast's stock price been impacted by Coronavirus?

Medifast's stock was trading at $70.44 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MED stock has increased by 196.1% and is now trading at $208.57.
View which stocks have been most impacted by COVID-19
.

Is Medifast a buy right now?

3 Wall Street 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 analysts is that investors should "buy" Medifast stock.
View analyst ratings for Medifast
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Medifast?

Wall Street analysts have given Medifast a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Medifast wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Medifast's next earnings date?

Medifast is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Medifast
.

How were Medifast's earnings last quarter?

Medifast, Inc. (NYSE:MED) posted its quarterly earnings results on Monday, November, 2nd. The specialty retailer reported $2.91 earnings per share for the quarter, topping the Zacks' consensus estimate of $2.49 by $0.42. The specialty retailer had revenue of $271.40 million for the quarter, compared to analyst estimates of $242.50 million. Medifast had a net margin of 11.27% and a return on equity of 80.07%. The business's revenue was up 42.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.32 earnings per share.
View Medifast's earnings history
.

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

Medifast declared a quarterly dividend on Thursday, December 10th. Stockholders of record on Tuesday, December 22nd will be given a dividend of $1.13 per share on Friday, February 5th. This represents a $4.52 annualized dividend and a dividend yield of 2.17%. The ex-dividend date is Monday, December 21st.
View Medifast's dividend history
.

Is Medifast a good dividend stock?

Medifast pays an annual dividend of $4.52 per share and currently has a dividend yield of 2.12%. Medifast does not yet have a strock track record of dividend growth. The dividend payout ratio of Medifast is 75.84%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Medifast will have a dividend payout ratio of 43.38% next year. This indicates that Medifast will be able to sustain or increase its dividend.
View Medifast's dividend history.

What price target have analysts set for MED?

3 analysts have issued 12 month target prices for Medifast's shares. Their forecasts range from $210.00 to $250.00. On average, they anticipate Medifast's stock price to reach $233.00 in the next year. This suggests a possible upside of 11.7% from the stock's current price.
View analysts' price targets for Medifast
or view Wall Street analyst' top-rated stocks.

Who are some of Medifast's key competitors?

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), The Home Depot (HD), The Boeing (BA), Johnson & Johnson (JNJ), Intel (INTC), Cisco Systems (CSCO), AT&T (T) and Exxon Mobil (XOM).

Who are Medifast's key executives?

Medifast's management team includes the following people:
  • Mr. Daniel R. Chard, CEO & Director (Age 55, Pay $2.04M)
  • Mr. William Baker IV, Exec. VP of Information Technology (Age 48, Pay $582.79k)
  • Mr. Anthony Tyree, Chief Marketing Officer (Age 55, Pay $695.03k)
  • Mr. Nicholas M. Johnson, Pres of Coach & Client Experience (Age 40, Pay $564.54k)
  • Mr. James P. Maloney, Chief Financial Officer (Age 52)
  • Ms. Lauren Walker, Exec. VP of Supply Chain Operations
  • Mr. Stephen K. Johnson, VP of Fin. & Chief Accounting Officer (Age 40)
  • Mr. Jason L. Groves, Exec. VP, Gen. Counsel & Corp. Sec. (Age 49)
  • Ms. Claudia Greninger, Exec. VP of HR (Age 47)

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 retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (0.26%), State of Alaska Department of Revenue (0.08%), Prairiewood Capital LLC (0.04%), Crossmark Global Holdings Inc. (0.04%), First Midwest Bank Trust Division (0.02%) and First Citizens Bank & Trust Co. (0.01%). Company insiders that own Medifast stock include Carl E Sassano, Jeffrey J Brown, 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 State of Alaska Department of Revenue, Chickasaw Capital Management LLC, First Midwest Bank Trust Division, and First Citizens Bank & Trust Co.. Company insiders that have sold Medifast company stock in the last year include Michael C Macdonald, 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 purchased by a variety of institutional investors in the last quarter, including Prairiewood Capital LLC, Crossmark Global Holdings Inc., and Carroll Financial Associates Inc..
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.

What is Medifast's stock price today?

One share of MED stock can currently be purchased for approximately $208.57.

How big of a company is Medifast?

Medifast has a market capitalization of $2.45 billion and generates $713.67 million in revenue each year. The specialty retailer earns $77.92 million in net income (profit) each year or $5.96 on an earnings per share basis. Medifast employs 550 workers across the globe.

What is Medifast's official website?

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

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 or via email at [email protected]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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