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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.