News articles about Medallion Financial (NASDAQ:MFIN) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Medallion Financial earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the credit services provider an impact score of 45.4457190420103 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
Shares of Medallion Financial stock traded up $0.05 during trading on Monday, reaching $4.62. 3,058 shares of the stock traded hands, compared to its average volume of 145,419. The firm has a market cap of $111.61, a price-to-earnings ratio of 14.87 and a beta of 1.71. The company has a quick ratio of 38.01, a current ratio of 38.01 and a debt-to-equity ratio of 1.14. Medallion Financial has a 52-week low of $1.85 and a 52-week high of $5.56.
Medallion Financial (NASDAQ:MFIN) last issued its quarterly earnings data on Thursday, March 1st. The credit services provider reported ($0.12) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.10). The firm had revenue of $2.62 million for the quarter, compared to analysts’ expectations of $0.88 million. Medallion Financial had a net margin of 1.41% and a negative return on equity of 2.50%. equities analysts expect that Medallion Financial will post 0.67 EPS for the current fiscal year.
A number of brokerages have issued reports on MFIN. ValuEngine lowered Medallion Financial from a “hold” rating to a “sell” rating in a research note on Friday. Sandler O’Neill set a $5.00 price objective on Medallion Financial and gave the company a “hold” rating in a research report on Tuesday, March 20th. Finally, Northland Securities assumed coverage on Medallion Financial in a research report on Thursday, February 15th. They set an “outperform” rating and a $10.00 price objective for the company.
In other news, insider Donald S. Poulton sold 7,500 shares of the firm’s stock in a transaction dated Thursday, March 15th. The stock was sold at an average price of $4.67, for a total transaction of $35,025.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 17.11% of the company’s stock.
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Medallion Financial Company Profile
Medallion Financial Corp. is a closed-end, non-diversified management investment company. The Company is a specialty finance company, which is engaged in originating, acquiring and servicing loans that finance taxicab medallions and various types of commercial businesses. The Company operates in lending and investing operations segment.
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