MFIN - Medallion Financial Corp Stock Price, Fair Value and News

7.98USD-0.02 (-0.25%)Market Closed

Market Summary

USD7.98-0.02

Market Closed

-0.25%

MFIN Stock Price

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MFIN RSI Chart

MFIN Valuation

Market Cap

186.5M

Price/Earnings (Trailing)

3.75

Price/Sales (Trailing)

0.71

EV/EBITDA

1.28

Price/Free Cashflow

1.6

MFIN Price/Sales (Trailing)

MFIN Profitability

EBT Margin

30.76%

Return on Equity

11.91%

Return on Assets

1.9%

Free Cashflow Yield

62.66%

MFIN Fundamentals

MFIN Revenue

Revenue (TTM)

262.3M

Rev. Growth (Yr)

20.1%

Rev. Growth (Qtr)

-0.76%

MFIN Earnings

Earnings (TTM)

49.7M

Earnings Growth (Yr)

-40.59%

Earnings Growth (Qtr)

-21.72%

Breaking Down MFIN Revenue

Last 30 days

3.2%

Last 90 days

-11.0%

Trailing 12 Months

18.9%

How does MFIN drawdown profile look like?

MFIN Financial Health

Debt/Equity

0.54

Debt/Cashflow

0.52

MFIN Investor Care

Shares Dilution (1Y)

0.24%

Diluted EPS (TTM)

2.12

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	262.3M	0	0	0
2023	209.2M	223.8M	238.0M	251.0M
2022	165.2M	174.9M	185.1M	196.6M
2021	146.5M	148.3M	152.3M	159.0M
2020	138.1M	141.6M	144.4M	145.0M
2019	118.8M	118.2M	119.7M	132.6M
2018	39.9M	60.2M	80.5M	100.8M
2017	20.4M	18.3M	18.6M	19.6M
2016	0	0	0	25.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Medallion Financial Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 06, 2024	haley david justin	acquired	4,257	6.55	650	see remarks
Mar 04, 2024	murstein andrew	sold (taxes)	-61,718	8.18	-7,545	president
Mar 04, 2024	silverman marisa t.	sold (taxes)	-5,832	8.18	-713	see remarks
Mar 04, 2024	munson thomas j.	sold (taxes)	-4,098	8.18	-501	see remarks
Mar 04, 2024	poulton donald s.	sold (taxes)	-18,225	8.18	-2,228	see remarks
Mar 04, 2024	murstein alvin	sold (taxes)	-16,949	8.18	-2,072	see remarks
Mar 01, 2024	haley david justin	acquired	6,550	6.55	1,000	see remarks
Mar 01, 2024	silverman marisa t.	sold (taxes)	-56,530	7.98	-7,084	see remarks
Mar 01, 2024	murstein andrew	sold (taxes)	-363,329	7.98	-45,530	president
Mar 01, 2024	murstein alvin	sold (taxes)	-91,969	7.98	-11,525	see remarks

Which funds bought or sold MFIN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	added	147	853,627	1,715,160	-%
May 16, 2024	COMERICA BANK	unchanged	-	-438	1,788	-%
May 16, 2024	Garner Asset Management Corp	sold off	-100	-3,299	-	-%
May 15, 2024	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	added	17.05	-68,000	1,060,000	-%
May 15, 2024	Royal Bank of Canada	reduced	-10.6	-53,000	137,000	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	added	12.71	-91,475	872,426	-%
May 15, 2024	IHT Wealth Management, LLC	sold off	-100	-284,813	-	-%
May 15, 2024	Prime Capital Investment Advisors, LLC	new	-	94,920	94,920	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	added	108	888,753	2,203,760	-%
May 15, 2024	MARSHALL WACE, LLP	added	61.94	280,778	1,215,320	-%

Are Funds Buying or Selling MFIN?

Are funds buying MFIN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MFIN

No. of Funds

Unveiling Medallion Financial Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 21, 2024	murstein alvin	7.89%	1,851,449	SC 13D/A
Feb 05, 2024	murstein andrew	10.56%	2,498,014	SC 13G/A
Feb 21, 2023	murstein alvin	7.94%	1,826,161	SC 13D/A
Feb 07, 2023	murstein andrew	10.25%	2,373,253	SC 13G/A
May 03, 2022	orr ken	5.1%	1,299,500	SC 13D/A
Feb 09, 2022	murstein andrew	8.44%	2,129,204	SC 13G/A
Jan 19, 2022	orr ken	4.9%	1,226,100	SC 13D/A
Jan 03, 2022	orr ken	4.9%	1,223,936	SC 13D/A
Jun 30, 2021	korr value l.p.	4.5%	1,122,100	SC 13D/A
Mar 31, 2021	korr value l.p.	4.4%	1,095,000	SC 13D

Recent SEC filings of Medallion Financial Corp

View All Filings

Date Filed	Form Type	Document
May 16, 2024	DFAN14A	DFAN14A
May 13, 2024	DEFA14A	DEFA14A
May 13, 2024	DFAN14A	DFAN14A
May 13, 2024	DFAN14A	DFAN14A
May 08, 2024	4	Insider Trading
May 07, 2024	10-Q	Quarterly Report
May 02, 2024	DFAN14A	DFAN14A
Apr 30, 2024	8-K	Current Report
Apr 29, 2024	DEFC14A	DEFC14A
Apr 26, 2024	DEFC14A	DEFC14A

Peers (Alternatives to Medallion Financial Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MA	429.6B	25.7B	0.06%	17.45%	36.27	16.72	12.62%	22.62%
AXP	174.7B	62.0B	11.59%	58.26%	19.42	2.82	11.96%	24.39%
PYPL	67.4B	30.4B	1.93%	5.24%	15.54	2.22	8.39%	60.41%
COF	54.2B	43.4B	3.71%	42.95%	13.96	1.25	26.76%	-52.19%
DFS	31.4B	17.8B	4.61%	24.66%	13.9	1.76	38.72%	-44.91%
ALLY	12.2B	14.3B	10.64%	47.10%	14.22	0.86	22.92%	-37.74%
MID-CAP
CACC	6.0B	2.0B	-6.68%	13.52%	23.99	3.08	6.86%	-40.40%
FCFS	5.3B	3.2B	-9.34%	13.89%	22.91	1.66	13.90%	-14.51%
WU	4.4B	4.4B	2.66%	5.54%	7.21	1.02	0.29%	-19.79%
NNI	4.1B	1.1B	17.27%	16.15%	29.63	3.68	26.09%	-44.07%
SMALL-CAP
ENVA	1.7B	2.2B	5.37%	34.20%	9.77	0.75	22.40%	-16.16%
ATLC	357.4M	1.2B	-5.44%	-21.25%	3.48	0.3	9.96%	-11.98%
CPSS	181.0M	360.7M	1.53%	-18.77%	5.01	0.5	6.56%	-54.11%
AIHS	8.6M	7.3M	11.11%	2.26%	-2.23	1.18	-51.06%	-195.09%
CURO	2.5M	853.2M	-12.50%	-95.07%	-0.01	0	-15.13%	-1364.54%

Medallion Financial Corp News

Latest updates

Medallion Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.8%	67.00	68.00	66.00	62.00	56.00	55.00	52.00	47.00	43.00	43.00	41.00	37.00	37.00	36.00	37.00	36.00	36.00	36.00	35.00	32.00	30.00
EBITDA Margin	-4.6%	1.06*	1.11*	1.14*	1.15*	1.19*	1.19*	1.27*	1.35*	1.37*	1.36*	1.27*	0.93*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.2%	48.00	49.00	49.00	47.00	44.00	44.00	42.00	39.00	36.00	36.00	34.00	29.00	29.00	28.00	29.00	27.00	27.00	27.00	25.00	23.00	22.00
Income Taxes	-47.4%	6.00	12.00	4.00	9.00	0.00	12.00	3.00	3.00	0.00	21.00	1.00	2.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Earnings Before Taxes	-19.2%	18.00	22.00	19.00	21.00	23.00	20.00	12.00	20.00	16.00	28.00	23.00	18.00	13.00	11.00	-28.41	-3.12	-16.25	2.00	8.00	-8.48	1.00
EBT Margin	-10.2%	0.31*	0.34*	0.35*	0.34*	0.36*	0.35*	0.41*	0.50*	0.52*	0.52*	0.43*	0.09*	-	-	-	-	-	-	-	-	-
Net Income	-21.7%	10.00	13.00	11.00	16.00	17.00	12.00	8.00	15.00	11.00	18.00	16.00	12.00	9.00	5.00	-23.63	-2.26	-13.00	-0.46	5.00	-6.64	1.00
Net Income Margin	-15.9%	0.19*	0.23*	0.23*	0.23*	0.24*	0.23*	0.28*	0.35*	0.35*	0.35*	0.27*	0.02*	-	-	-	-	-	-	-	-	-
Free Cashflow	64.4%	32.00	20.00	36.00	29.00	29.00	30.00	28.00	27.00	25.00	17.00	22.00	19.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.2%	2,619	2,588	2,559	2,519	2,352	2,260	2,200	2,112	1,967	1,873	1,805	1,740	1,689	1,642	1,604	1,652	1,534	1,542	1,520	1,482	1,429
Cash Equivalents	4.2%	55.00	53.00	37.00	82.00	21.00	33.00	25.00	34.00	57.00	41.00	31.00	31.00	69.00	34.00	13.00	19.00	16.00	4.00	55.00	72.00	86.00
Goodwill	0%	151	151	151	151	151	151	151	151	151	151	151	151	151	151	151	151	151	151	151	151	151
Liabilities	1.1%	2,201	2,176	2,161	2,131	1,977	1,889	1,840	1,749	1,605	1,517	1,467	1,417	1,377	1,338	1,307	1,333	1,214	1,207	1,227	1,196	1,137
Short Term Borrowings	306.3%	33.00	8.00	18.00	68.00	39.00	5.00	-	-	-	-	8.00	8.00	74.00	87.00	88.00	61.00	61.00	38.00	43.00	47.00	82.00
Long Term Debt	-4.2%	226	236	218	178	176	214	219	219	220	220	214	215	182	154	121	155	151	175	182	181	153
Shareholder's Equity	21.8%	418	343	328	388	375	302	360	363	362	356	339	323	312	305	297	318	321	334	293	286	292
Retained Earnings	7.4%	112	104	92.00	83.00	70.00	67.00	55.00	50.00	38.00	31.00	11.00	-4.80	-15.07	-23.50	-29.97	-6.34	-2.36	11.00	12.00	7.00	14.00
Additional Paid-In Capital	0.2%	289	288	287	285	284	284	283	282	281	280	279	279	278	278	277	276	276	276	275	275	274
Shares Outstanding	-0.3%	23.00	23.00	23.00	23.00	23.00	23.00	24.00	24.00	25.00	25.00	25.00	25.00	-	-	-	-	-	-	-	-	-
Minority Interest	0%	69.00	69.00	69.00	69.00	69.00	69.00	69.00	69.00	69.00	69.00	71.00	72.00	72.00	73.00	73.00	71.00	70.00	71.00	29.00	27.00	27.00
Float	-100.0%	-	146,116	-	-	-	124,246	-	-	-	182,909	-	-	-	-	-	54.00	-	-	-	138	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	64.4%	32,255	19,623	35,857	29,157	29,127	29,751	27,553	26,782	24,654	16,750	22,157	18,759	21,060	22,138	23,165	16,613	16,790	20,440	18,306	15,128	11,061
Share Based Compensation	21.5%	1,496	1,231	1,232	1,214	1,036	981	1,034	863	598	587	602	574	498	535	508	521	466	368	348	340	165
Cashflow From Investing	-163.9%	-32,906	-12,470	-62,888	-183,897	-81,441	-68,241	-130,528	-162,551	-87,685	-36,196	-70,315	-104,263	-27,547	651	-51,160	-85,825	-34,623	-31,861	-66,626	-85,161	-22,862
Cashflow From Financing	32.4%	19,931	15,050	30,119	146,912	79,098	45,886	74,847	123,305	77,341	58,556	41,979	36,780	34,724	39,520	-26,158	117,599	5,509	24,227	31,187	56,060	40,209
Dividend Payments	-100.0%	-	2,244	1,796	1,793	1,870	1,777	1,870	1,912	1,984	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	-	2,126	-	-	-	-	1,797	8,231	9,974	617	-	-	-	-	-	-	-	-	-	-	-	-

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MFIN Income Statement

2024-03-31

Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Income Statement [Abstract]

Interest and fees on loans

$ 65,221

$ 55,169

Interest and dividends on investment securities

1,849

674

Total interest income

^[1]

67,070

55,843

Interest on deposits

14,752

8,599

Interest on long-term debt

4,255

2,853

Interest on short-term borrowings

146

788

Total interest expense

19,153

12,240

Net interest income (loss)

47,917

43,603

Provision for credit losses

17,201

4,038

Net interest income after provision for credit losses

30,716

39,565

Other income (loss)

Gain (loss) on equity investments

4,167

(90)

Gain on sale of loans and taxi medallions

588

1,855

Write-down of loan collateral in process of foreclosure

(252)

Other income

648

570

Total other income, net

5,403

2,083

Other expenses

Salaries and employee benefits

9,457

8,836

Loan servicing fees

2,470

2,222

Collection costs

1,467

1,538

Regulatory fees

977

682

Professional fees

771

1,707

Rent expense

657

623

Amortization of intangible assets

361

360

Other expenses

2,065

2,425

Total other expenses

18,225

18,393

Income before income taxes

17,894

23,255

Income tax provision

6,358

6,382

Net income after taxes

11,536

16,873

Less: income attributable to the non-controlling interest

1,512

Total net income attributable to Medallion Financial Corp.

$ 10,024

$ 15,361

Basic net income per share

$ 0.44

$ 0.69

Diluted net income per share

$ 0.42

$ 0.67

Weighted average common shares outstanding

Basic

22,641,385

22,342,911

Diluted

23,765,045

22,975,457

[1]	Included in interest income is $0.6 million of paid-in-kind interest for the three months ended March 31, 2024 and $0.3 million for the three months ended March 31, 2023.

MFIN Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

Assets

Cash and cash equivalents

$ 54,778

$ 52,591

Federal funds sold

114,347

97,254

Investment securities

53,038

54,282

Equity investments

16,374

11,430

Loans

2,228,426

2,215,886

Allowance for credit losses

(83,827)

^[1]

(84,235)

^[2]

Net loans receivable

2,144,599

2,131,651

Goodwill

150,803

Intangible assets, net

20,230

20,591

Property, equipment, and right-of-use lease asset, net

14,024

14,076

Accrued interest receivable

12,673

13,538

Loan collateral in process of foreclosure

^[3]

10,198

11,772

Income tax receivable

671

Other assets

27,698

29,168

Total assets

2,618,762

2,587,827

Liabilities

Deposits

^[4]

1,879,061

1,866,657

Long-term debt

^[5]

225,558

235,544

Short-term borrowings

32,500

8,000

Deferred tax liabilities, net

24,846

21,207

Operating lease liabilities

6,710

7,019

Accrued interest payable

6,077

6,822

Income tax payable

1,980

Accounts payable and accrued expenses

^[6]

24,206

30,804

Total liabilities

2,200,938

2,176,053

Commitments and contingencies

Stockholders’ equity

Preferred stock (1,000,000 shares of $0.01 par value stock authorized-none outstanding)

Common stock (50,000,000 shares of $0.01 par value stock authorized - 29,243,878 shares at March 31, 2024 and 29,051,800 shares at December 31, 2023 issued)

292

291

Additional paid in capital

288,685

288,046

Treasury stock (5,866,314 shares at March 31, 2024 and 5,602,154 at December 31, 2023)

(47,664)

(45,538)

Accumulated other comprehensive loss

(3,846)

(3,696)

Retained earnings

111,569

103,883

Total stockholders’ equity

349,036

342,986

Non-controlling interest in consolidated subsidiaries

68,788

Total equity

417,824

411,774

Total liabilities and equity

$ 2,618,762

$ 2,587,827

Number of shares outstanding

23,377,564

23,449,646

Book value per share

$ 14.93

$ 14.63

[1]	As of March 31, 2024 and March 31, 2023, there were no allowance for credit losses and net charge-offs related to the strategic partnership loans.
[2]	2023 beginning balance represents allowance prior to the adoption of ASU 2016-13.
[3]	Includes financed sales of this collateral to third parties that are reported separately from the loan portfolio, of $5.8 million as of March 31, 2024 and $6.2 million as of December 31, 2023.
[4]	Includes $4.3 million of deferred financing costs as of both March 31, 2024 and December 31, 2023. Refer to Note 5 for more details.
[5]	Includes $4.2 million of deferred financing costs as of both March 31, 2024 and December 31, 2023. Refer to Note 5 for more details.
[6]	Includes the short-term portion of lease liabilities of $2.3 million and $2.5 million as of March 31, 2024 and December 31, 2023. Refer to Note 6 for more details.

About Medallion Financial Corp

Medallion Financial Corp., together with its subsidiaries, operates as a finance company in the United States. The company operates through four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and Medallion Lending. It provides loans that finance consumer purchases of recreational vehicles, boats, and trailers; consumer home improvements; commercial businesses; and taxi medallions to individuals, and small to mid-size businesses. The company also offers commercial loans for purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and medallion loans. In addition, it provides debt, mezzanine, and equity investment capital to companies in various 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.

CEO	Mr. Alvin Murstein
WEBSITE	medallion.com
INDUSTRY	Credit Services
EMPLOYEES	158

Medallion Financial Corp Frequently Asked Questions

What is the ticker symbol for Medallion Financial Corp? What does MFIN stand for in stocks?

MFIN is the stock ticker symbol of Medallion Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Medallion Financial Corp (MFIN)?

As of Fri May 17 2024, market cap of Medallion Financial Corp is 186.54 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MFIN stock?

You can check MFIN's fair value in chart for subscribers.

What is the fair value of MFIN stock?

You can check MFIN's fair value in chart for subscribers. The fair value of Medallion Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Medallion Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MFIN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Medallion Financial Corp a good stock to buy?

The fair value guage provides a quick view whether MFIN is over valued or under valued. Whether Medallion Financial Corp is cheap or expensive depends on the assumptions which impact Medallion Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MFIN.

What is Medallion Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MFIN's PE ratio (Price to Earnings) is 3.75 and Price to Sales (PS) ratio is 0.71. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MFIN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Medallion Financial Corp's stock?

In the past 10 years, Medallion Financial Corp has provided -0.022 (multiply by 100 for percentage) rate of return.