NASDAQ:MFIN

Medallion Financial (MFIN) Stock Price, News & Analysis

$7.73
-0.18 (-2.28%)
(As of 10:24 AM ET)
Today's Range
$7.73
$7.85
50-Day Range
$7.30
$8.40
52-Week Range
$6.17
$10.49
Volume
7,851 shs
Average Volume
95,569 shs
Market Capitalization
$180.71 million
P/E Ratio
3.65
Dividend Yield
5.17%
Price Target
$12.00

Medallion Financial MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
51.7% Upside
$12.00 Price Target
Short Interest
Bearish
5.82% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.76mentions of Medallion Financial in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
23.13%
From $1.60 to $1.97 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.

4.63 out of 5 stars

Finance Sector

125th out of 874 stocks

Nondepository Credit Institutions Industry

5th out of 48 stocks

MFIN stock logo

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

MFIN Stock News Headlines

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Imagine a revolutionary treatment capable of editing out ANY disease. By literally "cutting" the genetic instructions that cause illness, and "pasting" in corrected DNA to restore perfect health.
Q1 2024 Medallion Financial Corp Earnings Call
Could this Tiny Biotech End Disease Forever?
Imagine a revolutionary treatment capable of editing out ANY disease. By literally "cutting" the genetic instructions that cause illness, and "pasting" in corrected DNA to restore perfect health.
Medallion Financial (MFIN) Set to Announce Earnings on Tuesday
Medallion Financial Corp.
Medallion Financial Corp. (MFIN)
MFIN Apr 2024 7.500 put
Q4 2023 Medallion Financial Corp Earnings Call
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
5/08/2024
Ex-Dividend for 5/31 Dividend
5/14/2024
Dividend Payable
5/31/2024
Next Earnings (Estimated)
7/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
Asset Management & Custody Banks
Current Symbol
NASDAQ:MFIN
Previous Symbol
NASDAQ:TAXI
CUSIP
58392810
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
+51.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$55.08 million
Pretax Margin
32.79%

Debt

Sales & Book Value

Annual Sales
$194.24 million
Cash Flow
$2.97 per share
Book Value
$17.62 per share

Miscellaneous

Free Float
18,153,000
Market Cap
$184.92 million
Optionable
Optionable
Beta
2.08

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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

MFIN Stock Analysis - Frequently Asked Questions

Should I buy or sell Medallion Financial stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Medallion Financial in the last year. There are currently 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.

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

1 Wall Street research analysts have issued 1-year price targets for Medallion Financial's stock. Their MFIN share price targets range from $12.00 to $12.00. On average, they anticipate the company's stock price to reach $12.00 in the next year. This suggests a possible upside of 51.7% 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 2024. Since then, MFIN stock has decreased by 19.7% and is now trading at $7.91.
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, July 22nd 2024.
View our MFIN earnings forecast
.

How were Medallion Financial's earnings last quarter?

Medallion Financial Corp. (NASDAQ:MFIN) released its quarterly earnings data 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 had revenue of $52.01 million for the quarter, compared to analyst estimates of $54.89 million. Medallion Financial had a trailing twelve-month return on equity of 12.47% and a net margin of 17.96%.

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

Medallion Financial declared a quarterly dividend on Tuesday, April 30th. Investors of record on Wednesday, May 15th will be paid a dividend of $0.10 per share on Friday, May 31st. This represents a $0.40 annualized dividend and a dividend yield of 5.06%. The ex-dividend date is Tuesday, May 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 5.10%. 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 18.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFIN will have a dividend payout ratio of 20.30% 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?
Who are Medallion Financial's major shareholders?

Medallion Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include Janney Montgomery Scott LLC (0.27%) and Denali Advisors LLC (0.19%).
View institutional ownership trends
.

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 5/8/2024 by MarketBeat.com Staff

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