Medallion Financial Corp

Medallion Financial Corp Stock Forecast & Price Prediction

Live Medallion Financial Corp Stock (MFIN) Price
$10.07

3

Ratings

  • Buy 1
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$10.07

P/E Ratio

5.96

Volume Traded Today

$200,682

Dividend

$0.11

52 Week High/low

10.19/6.48

Medallion Financial Corp Market Cap

$232.3M

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MFIN Summary

From what 3 stock analysts predict, the share price for Medallion Financial Corp (MFIN) might increase by 19.17% in the next year. This is based on a 12-month average estimation for MFIN. Price targets go from $11 to $13. The majority of stock analysts believe MFIN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

MFIN Analyst Ratings

About 3 Wall Street analysts have assigned MFIN 1 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect Medallion Financial Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MFIN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

MFIN stock forecast by analyst

These are the latest 20 analyst ratings of MFIN.

Analyst/Firm

Rating

Price Target

Change

Date

Matt Howlett
B. Riley Securities

Buy

$12

Maintains

Aug 2, 2023
Christopher Nolan
Ladenburg Thalmann

Neutral


Initiates

Apr 3, 2023
Mike Grondahl
Northland Capital Markets

Market Perform

$9

Downgrade

Oct 5, 2022
Alex Twerdahl
Piper Sandler

Neutral

$3

Maintains

Oct 9, 2020

B. Riley Securities

Buy

$7

Maintains

Apr 30, 2020

B. Riley FBR

Buy


Maintains

Apr 30, 2020
Alex Twerdahl
Piper Sandler

Neutral

$2.25

Maintains

Apr 6, 2020

BTIG

Buy


Initiates

Feb 22, 2019

BTIG Research

Buy


Initiates

Feb 22, 2019

B. Riley Securities

Buy


Initiates

Sep 7, 2018

B. Riley FBR

Buy


Initiates

Sep 7, 2018

Piper Sandler

Hold


Downgrade

Aug 10, 2016

Sandler O'Neill

Hold


Downgrade

Aug 10, 2016

Keefe Bruyette & Woods

Market Perform


Maintains

Jul 12, 2016

Keefe, Bruyette & Woods

Market Perform


Maintains

Jul 12, 2016

Keefe Bruyette & Woods

Market Perform


Maintains

Jul 11, 2016

Keefe, Bruyette & Woods

Market Perform

$8

Maintains

Jul 11, 2016

MFIN Company Information

What They Do: Specialty finance company offering diverse lending services.

Business Model: The company generates revenue through various lending segments including Recreation Lending, Home Improvement Lending, Commercial Lending, and Taxi Medallion Lending. It provides loans for consumer purchases of recreational vehicles and home improvement projects, as well as financing for businesses and taxi medallion loans.

Other Information: Incorporated in 1995 and based in New York City, Medallion Financial Corp. also engages in debt, mezzanine, and equity investments across different commercial industries, in addition to raising deposits and conducting banking activities.
MFIN
Medallion Financial Corp (MFIN)

When did it IPO

1996

Staff Count

169

Country

United States

Sector/Industry

Financial Services/Credit Services

CEO

Mr. Alvin Murstein

Market Cap

$232.3M

Medallion Financial Corp (MFIN) Financial Data

In 2023, MFIN generated $185.6M in revenue, which was a increase of 18.25% from the previous year. This can be seen as a signal that MFIN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$117.2M

Revenue From 2021

$148.1M

26.33 %
From Previous Year

Revenue From 2022

$156.9M

5.99 %
From Previous Year

Revenue From 2023

$185.6M

18.25 %
From Previous Year
  • Revenue TTM $293.3M
  • Operating Margin TTM 49.1%
  • Gross profit TTM $0
  • Return on assets TTM 3.4%
  • Return on equity TTM 11.1%
  • Profit Margin 13.7%
  • Book Value Per Share 16.32%
  • Market capitalisation $232.3M
  • Revenue for 2021 $148.1M
  • Revenue for 2022 $156.9M
  • Revenue for 2023 $185.6M
  • EPS this year (TTM) $1.69

Medallion Financial Corp (MFIN) Latest News

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Medallion Financial Corp. (NASDAQ:MFIN) will hold its Q3 2024 Earnings Conference Call on October 30, 2024, at 9:00 AM ET, featuring key company executives.

Why It Matters - Medallion Financial's Q3 earnings call could reveal insights into financial performance, strategy, and market conditions, influencing stock valuation and investor sentiment.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Medallion Bank (MBNKP) reported its Q3 2024 results, focusing on consumer loans for recreational vehicles, boats, and home improvements, and operates as a subsidiary of Medallion Financial Corp (MFIN).

Why It Matters - Medallion Bank's quarterly results can influence Medallion Financial Corp.'s stock performance, reflecting consumer demand trends and the bank's growth in niche lending markets.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Medallion Financial (MFIN) reported quarterly earnings of $0.37 per share, exceeding the Zacks Consensus Estimate of $0.36, but down from $0.48 per share a year earlier.

Why It Matters - Medallion Financial's earnings beat expectations but declined year-over-year, indicating potential challenges ahead, which may affect investor sentiment and stock performance.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Medallion Financial (MFIN) reported its revenue and EPS for Q3 2024, highlighting performance metrics against Wall Street estimates and year-over-year comparisons.

Why It Matters - Key metrics against Wall Street estimates and year-ago numbers provide insight into Medallion Financial's performance, affecting stock valuation and investor sentiment.

News Image

Tue, 22 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Medallion Financial (MFIN) is anticipated to report strong earnings, driven by two key factors expected to contribute to a likely earnings beat in its upcoming report.

Why It Matters - Medallion Financial's potential for an earnings beat may boost its stock price, indicating strong performance and market confidence, which could attract investor interest and drive trading activity.

News Image

Wed, 16 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Medallion Financial Corp. (NASDAQ: MFIN) will release its Q3 2024 financial results on October 29, 2024, after market close.

Why It Matters - Medallion Financial Corp.'s upcoming quarterly earnings report may influence its stock performance, providing insights into its financial health and growth prospects, affecting investor sentiment.

...

MFIN Frequently asked questions

The highest forecasted price for MFIN is $13 from at .

The lowest forecasted price for MFIN is $11 from from

The MFIN analyst ratings consensus are 1 buy ratings, 2 hold ratings, and 0 sell ratings.