Medallion Financial Corp. (MFIN)
| Market Cap | 196.36M |
| Revenue (ttm) | 156.08M |
| Net Income (ttm) | 49.74M |
| Shares Out | 23.38M |
| EPS (ttm) | 2.12 |
| PE Ratio | 3.96 |
| Forward PE | 5.45 |
| Dividend | $0.40 (4.76%) |
| Ex-Dividend Date | May 14, 2024 |
| Volume | 151,087 |
| Open | 8.00 |
| Previous Close | 8.04 |
| Day's Range | 7.94 - 8.47 |
| 52-Week Range | 6.28 - 10.49 |
| Beta | 2.13 |
| Analysts | Strong Buy |
| Price Target | 12.00 (+42.86%) |
| Earnings Date | Jul 22, 2024 |
About 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 purchas... [Read more]
Financial Performance
In 2023, MFIN's revenue was $161.60 million, an increase of 15.51% compared to the previous year's $139.90 million. Earnings were $55.08 million, an increase of 25.64%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for MFIN stock is "Strong Buy" and the 12-month stock price forecast is $12.0.
News
Medallion Financial Corp. Announces Completion of Amended and Restated Private Placement of $17.5 Million of Senior Notes
Includes $5.0 Million of Incremental Notes, Extends Maturity, and Lowers Interest Rate Includes $5.0 Million of Incremental Notes, Extends Maturity, and Lowers Interest Rate
Medallion Financial Corp. Announces Preliminary Results of 2024 Annual Meeting of Shareholders
Results Indicate that Shareholders have Decisively Elected Medallion's Director Nominees and Supported the Company's Approach to Executive Compensation – Both by an Extremely Wide Margin
ZimCal Urges All Stockholders to Vote for Its Board Candidates Before the June 11th, 2024 Shareholder Meeting
MINNEAPOLIS--(BUSINESS WIRE)--ZimCal Asset Management, LLC, and its affiliates BIMIZCI Fund LLC, Warnke Investments LLC and Stephen Hodges (collectively “ZimCal”) issue a final and persuasive summary ...
Independent Proxy Advisor Glass Lewis Recommends Medallion Shareholders Vote “FOR” Both of the Board's Director Nominees on the BLUE Proxy Card
Both Top Independent Proxy Advisors Recommend “FOR” Medallion's Nominees and Executive Compensation Both Top Independent Proxy Advisors Recommend “FOR” Medallion's Nominees and Executive Compensation
Medallion Financial Corp. Set to Join Russell 3000® Index
NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer an...
Leading Proxy Advisor ISS Recommends Medallion Shareholders Vote “FOR” Both of the Board's Director Nominees on the BLUE Proxy Card
NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN) (“Medallion” or the “Company”) today announced that leading independent proxy advisory firm Institutional Shareholde...
ZimCal Responds to False Allegations From Medallion and Publishes Rebuttal
MINNEAPOLIS--(BUSINESS WIRE)--The following is a statement from ZimCal. ZIMCAL PUBLISHES REBUTTAL DECK SHOWING UNTRUTHS AND INACCURACIES IN MEDALLION'S RECENT INVESTOR DECK. ZIMCAL PUBLISHES ORIGINAL ...
Excessive Pay at Medallion Financial Concerning for ZimCal
MINNEAPOLIS--(BUSINESS WIRE)--ZimCal Asset Management, LLC, and its affiliates BIMIZCI Fund LLC, Warnke Investments LLC and Stephen Hodges (collectively “ZimCal”) is one of the largest investors in Me...
ZimCal Responds to Personal Attacks by Medallion Financial Corp.
MINNEAPOLIS--(BUSINESS WIRE)--ZimCal Asset Management, LLC and its affiliates BIMIZCI Fund LLC, Warnke Investments LLC and Stephen Hodges (collectively “ZimCal”) were recently the target of untruthful...
ZimCal Asset Management, LLC Comments on Medallion Financial Corp.'s First Quarter Results
MINNEAPOLIS--(BUSINESS WIRE)--ZimCal Asset Management, LLC, and its affiliates BIMIZCI Fund LLC, Warnke Investments LLC and Stephen Hodges (collectively “ZimCal”) is one of the largest investors in Me...
Medallion Financial Corp. Reports 2024 First Quarter Results
NEW YORK, April 30, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer ...
Medallion Bank Reports 2024 First Quarter Results and Declares Series F Preferred Stock Dividend
SALT LAKE CITY, April 30, 2024 (GLOBE NEWSWIRE) -- Medallion Bank (Nasdaq: MBNKP, the “Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home ...
Medallion Financial Corp. to Report 2024 First Quarter Results on Tuesday, April 30, 2024
NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion Financial” or the “Company”), a finance company that originates and services loans in various consumer ...
ZimCal Asset Management, LLC and Its Affiliates Nominate Two Highly Qualified, Independent Candidates to the Board of Medallion Financial Corp.
MINNEAPOLIS--(BUSINESS WIRE)--ZimCal Asset Management, LLC, and its affiliates BIMIZCI Fund LLC, Warnke Investments LLC and Stephen Hodges (collectively “ZimCal”) one of the largest investors in Medal...
Medallion Bank Announces Fintech Strategic Partnership With TriBeam Financial
SALT LAKE CITY, April 11, 2024 (GLOBE NEWSWIRE) -- Medallion Bank (Nasdaq: MBNKP, the “Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home ...
Medallion Financial Corp. Reports 2023 Fourth Quarter and Full-Year Results
NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer a...
Medallion Financial Corp. to Report 2023 Fourth Quarter and Full-Year Results on Tuesday, February 20, 2024
NEW YORK, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion Financial” or the “Company”), a finance company that originates and services loans in various consumer a...
Medallion Bank Reports 2023 Fourth Quarter and Full-Year Results and Declares Series F Preferred Stock Dividend
SALT LAKE CITY, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Medallion Bank (Nasdaq: MBNKP, the “Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home i...
Medallion Financial Corp. Reports 2023 Third Quarter Results
NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer a...
Medallion Bank Reports 2023 Third Quarter Results and Declares Series F Preferred Stock Dividend
SALT LAKE CITY, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Medallion Bank (Nasdaq: MBNKP, the “Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home i...
Medallion Financial Corp. to Report 2023 Third Quarter Results on Monday, October 30, 2023
NEW YORK, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion Financial” or the “Company”), a finance company that originates and services loans in various consumer a...
Medallion Financial Celebrates Medallion Capital's 25-Year Milestone
NEW YORK, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer a...
Medallion Financial Corp. Announces Completion of Private Placement of $39.0 Million of Senior Notes
NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer a...
Medallion Bank Reports 2023 Second Quarter Results and Declares Series F Preferred Stock Dividend
SALT LAKE CITY, July 27, 2023 (GLOBE NEWSWIRE) -- Medallion Bank (Nasdaq: MBNKP, the “Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home i...
Medallion Financial: Plenty of Optimism on Strong 2nd-Quarter Results
Medallion Financial Corp. ( MFIN , Financial) is a commercial finance company that originates and services loans in various industries in the U.S. It operates through four segments: Recreation Lending...