Medallion Financial (MFIN) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $7.74 to $7.95
• 50-Day Range: $7.43 to $8.49
• 52-Week Range: $6.28 to $10.14
• Volume: 39,364 shs
• Average Volume: 98,279 shs
• Market Capitalization: $181.87 million
• P/E Ratio: 3.67
• Dividend Yield: 5.14%
• Price Target: N/A
• Consensus Rating: N/A

Medallion Financial Stock Analysis - MarketRank™

Medallion Financial scored higher than 85% of companies evaluated by MarketBeat, and ranked 234th out of 951 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Medallion Financial.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 21.62%

Earnings Growth

Earnings for Medallion Financial are expected to grow by 21.62% in the coming year, from $1.48 to $1.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Medallion Financial is 3.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Medallion Financial is 3.67, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.07.

Price to Book Value per Share Ratio

Medallion Financial has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.68% 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 11.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Medallion Financial has recently decreased by 2.26%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Medallion Financial is a leading dividend payer. It pays a dividend yield of 5.26%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Medallion Financial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Medallion Financial is 18.87%. 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 22.22% next year. This indicates that Medallion Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.68% 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 11.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Medallion Financial has recently decreased by 2.26%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: N/A

News Sentiment

Medallion Financial has a news sentiment score of 1.89. 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 higher news sentiment than the 0.69 average news sentiment score of Finance companies.

Search Interest

7 people have searched for MFIN on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

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.

MFIN Stock Analysis - Frequently Asked Questions

How have MFIN shares performed this year?

Medallion Financial's stock was trading at $9.85 at the beginning of the year. Since then, MFIN stock has decreased by 21.0% and is now trading at $7.78.
View the best growth stocks for 2024 here.

How were Medallion Financial's earnings last quarter?

Medallion Financial Corp. (NASDAQ:MFIN) released its quarterly earnings data on Tuesday, July, 30th. The credit services provider reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.33 by $0.03. The credit services provider earned $71.80 million during the quarter, compared to analysts' expectations of $50.39 million. Medallion Financial had a net margin of 14.97% and a trailing twelve-month return on equity of 10.35%.

Does Medallion Financial have any subsidiaries?

The following companies are subsidiaries of Medallion Financial: Freshstart Venture Capital Corp, Medallion Bank, Medallion Capital Inc, and Medallion Funding LLC.

Who are Medallion Financial's major shareholders?

Medallion Financial's top institutional shareholders include Tieton Capital Management LLC (3.44%), American Century Companies Inc. (0.80%), Bank of New York Mellon Corp (0.60%) and Marshall Wace LLP (0.60%).
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.

What other stocks do shareholders of Medallion Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD).

Company Calendar

• Last Earnings: 7/30/2024
• Ex-Dividend for 8/30 Dividend: 8/15/2024
• Dividend Payable: 8/30/2024
• Today: 9/18/2024
• Next Earnings (Estimated): 11/04/2024
• Fiscal Year End: 12/31/2024

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: 140
• Year Founded: 1979

Profitability

• EPS (Most Recent Fiscal Year): $2.12
• Trailing P/E Ratio: 3.67
• Forward P/E Ratio: 5.26
• P/E Growth: N/A
• Net Income: $55.08 million
• Net Margins: 14.97%
• Pretax Margin: 25.23%
• Return on Equity: 10.35%
• Return on Assets: 1.62%

Debt

• Debt-to-Equity Ratio: 0.55
• Current Ratio: 1.19
• Quick Ratio: 1.19

Sales & Book Value

• Annual Sales: $194.70 million
• Price / Sales: 0.94
• Cash Flow: $3.07 per share
• Price / Cash Flow: 2.54
• Book Value: $17.62 per share
• Price / Book: 0.44

Miscellaneous

• Outstanding Shares: 23,377,000
• Free Float: 18,152,000
• Market Cap: $182.11 million
• Optionable: Optionable
• Beta: 2.16