Skip to main content
$9.60 $0.07 (0.7%)

04:00 PM EST on 12/01/23

Medallion Financial Corp. (NASDAQ:MFIN)

CAPS Rating: No stars

A finance company that has position in originating, acquiring, and servicing loans that finance taxicab medallions and various types of commercial businesses.

Current Price $9.60 Mkt Cap $0.00
Open $9.11 P/E Ratio 0.00
Prev. Close $9.60 Div. (Yield) $0.34 (4.2%)
Daily Range $9.11 - $9.63 Volume 89,455
52-Wk Range $5.64 - $10.49 Avg. Daily Vol.

Caps

How do you think NASDAQ:MFIN will perform against the market?

Add Stock to CAPS Watchlist

All Players

128 Outperform
19 Underperform
 

All-Star Players

12 Outperform
5 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top NASDAQ:MFIN Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

CMFTomato (52.53)
Submitted September 03, 2018

Investors are so focused on the disruption to the cab business being done by the likes of Uber and Lyft that they’re missing the turnaround in the works at lender Medallion Financial. I suppose it doesn’t help that their name (for now) still is… More

chomethemoney (38.15)
Submitted June 03, 2015

UBER will take'em out of business

Recent Community Commentary

Read the most recent pitches from players about MFIN.

Recs

1
Member Avatar CMFTomato (52.53) Submitted: 9/3/2018 11:13:47 AM : Outperform Start Price: $6.07 NASDAQ:MFIN Score: -1.05

Investors are so focused on the disruption to the cab business being done by the likes of Uber and Lyft that they’re missing the turnaround in the works at lender Medallion Financial. I suppose it doesn’t help that their name (for now) still is “Medallion”-- as in taxi medallion. Those taxi medallion loans are at the lowest level since 2003 and the company has been working hard to reduce their medallion exposure while diversifying into more profitable consumer lending (particularly loans that finance RVs, boats, motorcycles, trailers, and home improvements) and commercial mezzanine lending. It looks like 2017 was a big turnaround year for them: notably, in May 2017, the Chief Credit Officer/Chief Operating Officer as well as a member of the board resigned. Also notable is that since the beginning of June 2017, when the stock was at $2.60, the stock has risen to $6.50. As of now: book value per share is $10.63. Market cap is $160M, but enterprise value is $480M and they’re at a price/book of 0.61. Insiders own 16% of shares; the lender is founder-led in president and board member Andrew Murstein (54 years young) who is also the bank’s largest shareholder. Outperform.

Recs

1
Member Avatar chomethemoney (38.15) Submitted: 6/3/2015 11:13:33 AM : Underperform Start Price: $7.65 NASDAQ:MFIN Score: +91.24

UBER will take'em out of business

Recs

0
Member Avatar TMFValueMagnet (67.16) Submitted: 3/9/2015 10:33:10 PM : Underperform Start Price: $7.92 NASDAQ:MFIN Score: +101.51

Picking this up as a short for contrarian points (huge long bias in CAPS, apparently) and because I think it's a safe short relative to the S&P 500.

Low LTV ratios mean nothing, in my view. The value of a medallion comes from the excess returns taxis generate for moving people around in a protected market. Uber and Lyft will suck the excess out. A ~10% discount to book is still a reasonable price at which I feel comfortable shorting this.

Leaderboard

Find the members with the highest scoring picks in MFIN.

Score Leader

Under5

Under5 (55.47) Score: +299.61

The Score Leader is the player with the highest score across all their picks in MFIN.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
Under5 55.47 4/22/2020 Outperform 5Y $1.97 +384.13% +65.47% +318.66 0 Comment
fiduke 22.75 9/28/2010 Underperform 5Y $4.32 +121.09% +302.86% +181.78 0 Comment
HedgeFund007 23.81 12/6/2010 Underperform 1Y $4.87 +96.11% +274.38% +178.27 1 Comment
Cubsin2020 26.31 5/7/2007 Underperform 3M $5.20 +83.62% +221.69% +138.07 0 Comment
dividenchaser310 58.44 5/29/2007 Underperform NS $4.88 +95.54% +219.45% +123.91 0 Comment
iBill909 89.27 10/25/2007 Underperform 3W $4.56 +109.60% +217.19% +107.59 1 Comment
TMFValueMagnet 67.16 3/10/2015 Underperform 5Y $7.92 +20.59% +122.10% +101.51 6 Comments
chomethemoney 38.15 6/3/2015 Underperform 5Y $7.65 +24.87% +116.11% +91.24 2 Comments
bafman 81.06 1/23/2015 Underperform 5Y $7.17 +33.15% +123.09% +89.94 0 Comment
Clint35 72.79 10/2/2015 Underperform 5Y $6.20 +54.11% +141.92% +87.82 0 Comment

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

There are no Wall Street tracker picks for MFIN.