How to Buy Medallion Financial Stock
Medallion Financial Corp
Medallion Financial Corp. , together with its subsidiaries, operates as a finance company in the United States.
Medallion Financial stock last closed at $9.51, up 0.11% from the previous day, and has increased 39.24% in one year. It has overperformed other stocks in the Credit Services industry by 0.28 percentage points. Medallion Financial stock is currently +68.62% from its 52-week low of $5.64, and -9.34% from its 52-week high of $10.49.
There are currently 23.36M shares of MFIN outstanding. The market capitalization of MFIN is $222.19M. In the last 24 hours, 25,091 MFIN shares were traded.
How to Buy Medallion Financial Stock
Not sure how to invest in Medallion Financial stock? Here's how.
- Decide where to buy Medallion Financial stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Medallion Financial stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your method of payment and add your info.
- Research Medallion Financial stock: The Medallion Financial ticker symbol is MFIN. Is Medallion Financial stock a good investment? Should you buy shares of MFIN? How do MFIN's underlying business fundamentals look? Do top analysts think Medallion Financial is a good buy? Why has MFIN's stock price moved recently? (Hint: Our stock analysis website can help you understand if MFIN is a good stock to buy).
- Make your MFIN trade: Decide if you will purchase MFIN shares at the current market price or use a limit order to purchase MFIN stock at a particular price.
- Get notifications regarding your MFIN investment: Create a watchlist to watch your investment in Medallion Financial stock.
Step 1: Decide where to buy Medallion Financial stock
You need a brokerage account in order to access the NASDAQ market and buy MFIN stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal info so you can buy MFIN today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have finished signing up on a mobile trading app, you need to deposit funds:
Check out the walkthrough below if you need help depositing money into your new investment account.
Step 4: Research Medallion Financial stock
After you have decided on the best place to buy Medallion Financial stock, it's very important to analyze their stock before you buy, so you can wrap your head around the risk and upside.
Medallion Financial stock at a glance
MFIN Zen Score
WallStreetZen was designed to help average investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on MFIN's stock page.
How is MFIN stock valued?
You can use many financial metrics, analyses, models, and charts to gauge MFIN's fair value.
Using relative valuations measures:
- MFIN could be undervalued based on its P/E ratio of 3.96x, relative to Credit Services industry P/E ratio of 27.63x
- MFIN could be undervalued based on its P/B ratio of 0.68x, relative to Credit Services industry P/B ratio of 4.21x
You can access more valuation research on MFIN's stock here.
MFIN Financial Summary
Passed Health Checks:
- MFIN earnings of $77.48M is not enough to cover its interest payments.
- MFIN profit margin has gone up from 33% to 34.5% in the past year.
- MFIN's operating cash flow of $123.89M allows it to safely service it's debt of $243.70M.
Failed Health Checks:
- MFIN has a relatively high debt to equity ratio of 6.58.
- Total MFIN debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy MFIN stock
Out of 1 Wall Street analysts who monitor MFIN, the consensus analyst rating on MFIN is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Medallion Financial stock forecast page.
MFIN Technicals
MFIN Performance Metrics
Last year, MFIN earnings were $53.82M. Over the last four year, MFIN's earnings have grown by 65.49% per year. This was faster than the Credit Services industry average of 14.76%.
Last year, MFIN revenue was $155.81M. Over the past 5 year, MFIN's revenue has grown by 54.53% per year. This was faster than the Credit Services industry average of 9.93%.
Learn more about MFIN's earnings and revenue performance here.
Who is buying/selling MFIN?
Over the last 12 months, insiders at MFIN have sold more shares than they have bought.
David Justin Haley, Chief Financial Officer of Medallion Bank of MFIN, was the latest MFIN insider to buy. They bought $1,768.50 worth of MFIN shares on Sep 13, 2023.
Get more info about who owns MFIN stock here.
Can I get consistent income from MFIN stock?
Medallion Financial pays a dividend of 3.58%, compared to the Credit Services industry's average dividend yield of 4.13%. If you owned $1,000 of MFIN stock, you would have received $35.75 in the past 12 months.
Medallion Financial dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Medallion Financial dividend yield and history here.
Get analysis from other traders
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your MFIN trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you require additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your MFIN investment
Now that you own some MFIN stock, you'll want to keep up with your company.
Put MFIN on a watchlist to get notified of the latest news about your MFIN stock.
MFIN Feed
How to Buy Stock in Medallion Financial
To summarize, here are the 6 steps you need to take to buy Medallion Financial stock right now:
- Decide where to buy Medallion Financial stock
- Create your brokerage account
- Fund your investment account
- Research Medallion Financial stock
- Make your MFIN trade
- Get notifications regarding your MFIN investment
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Medallion Financial, add MFIN to your watchlist below.
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