Medallion Financial Corp. Stock News

NEW YORK, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion Financial” or the “Company”), a finance company that originates and services loans in various

NEW YORK, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, Medallion Financial or the Company), a finance company that originates and services loans in various consumer and commercial industries, announced today that it has closed on the exit of its investment in its NASCAR race team - Richard Petty Motorsports (RPAC) to Warp Speed, LLC. The Company received $19.1 million of gross proceeds in full settlement of all debt and equity securities it held. The transaction results in a complete divestiture of RPAC by the Company, removes $26 million of intangible assets from the Companys balance sheet and increases the Companys tangible book value by over $1 per share.

Medallion Financial (NASDAQ:MFIN) was upgraded by Zacks Investment Research from a hold rating to a buy rating in a research report issued to clients and investors on Wednesday, Zacks.com reports. The brokerage presently has a $9.50 target price on the credit services providers stock. Zacks Investment Researchs price objective suggests a potential upside of 13.10% []

The average of price targets set by Wall Street analysts indicates a potential upside of 30.8% in Medallion Financial (MFIN). While the effectiveness of this highly sought-after metric is questionable

Brokerages expect Medallion Financial Corp. (NASDAQ:MFIN) to announce earnings of $0.30 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Medallion Financials earnings. The lowest EPS estimate is $0.13 and the highest is $0.38. Medallion Financial posted earnings per share of $0.26 in the same quarter last []

Medallion Financial Corp. (MFIN) Q3 2021 Results - Earnings Call Transcript

Medallion Financial (MFIN) delivered earnings and revenue surprises of 128.57% and 10.23%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stoc

Medallion Financial (NASDAQ:MFIN) reported its Q3 earnings results on Monday, November 1, 2021 at 04:05 PM. Here's what investors need to know about the announcement.

NEW YORK, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion Financial” or the “Company”), a finance company that originates and services loans in various co

If you want to increase your likelihood to identify bargains, one way to do so is to screen the market for equities that are trading at a discount to their intrinsic value estimate as calculated from

Medallion Financial Corp (MFIN) has been struggling lately, but the selling pressure may be coming to an end soon.

NEW YORK, Sept. 07, 2021 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN) announced today that senior management will participate in the Colliers Securities Institutional Investor Confere

Medallion Financial Corp (MFIN) Management on Q2 2021 Results - Earnings Call Transcript

Medallion Financial (MFIN) delivered earnings and revenue surprises of 41.38% and 5.85%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Shares of Medallion Financial (NASDAQ:MFIN) were unchanged in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 356.25% year over year to $0.41, whi