|Bid||8.06 x 1200|
|Ask||8.85 x 800|
|Day's Range||8.32 - 8.40|
|52 Week Range||4.64 - 9.50|
|Beta (5Y Monthly)||2.79|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 15, 2022 - Feb 21, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Nov 28, 2016|
|1y Target Est||10.83|
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, the positive trend in earnings estimate revisions might translate into an upside in the stock.
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 stock?
NEW YORK, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a finance company that originates and services loans in various consumer and commercial industries, announced today its 2021 third quarter results. 2021 Third Quarter Highlights Net income of $15.9 million, or $0.64 per share, compared to a net loss of $23.6 million, or $0.97 per share, in the prior year quarter.Net interest income grew 17% to $34.1 million from $29.1 million in th