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 $8.04, up 1.13% from the previous day, and has increased 23.69% in one year. It has underperformed other stocks in the Credit Services industry by 0.05 percentage points. Medallion Financial stock is currently +28.13% from its 52-week low of $6.28, and -20.71% from its 52-week high of $10.14.
There are currently 23.17M shares of MFIN outstanding. The market capitalization of MFIN is $186.28M. In the last 24 hours, 39,121 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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- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- 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 4.25x, relative to Credit Services industry P/E ratio of 27.32x
- MFIN could be undervalued based on its P/B ratio of 0.53x, relative to Credit Services industry P/B ratio of 5.11x
- MFIN could be overvalued based on its PEG ratio of 19.55x
You can do more valuation analysis on MFIN's stock here.
MFIN Financial Summary
Passed Health Checks:
- MFIN earnings of $65.87M is not enough to cover its interest payments.
- MFIN's operating cash flow of $115.38M allows it to safely service it's debt of $274.37M.
Failed Health Checks:
- MFIN profit margin has gone down from 33.7% to 28.8% in the past year.
- MFIN has a relatively high debt to equity ratio of 6.61.
- Total MFIN debt is higher than 5 years ago, relative to shareholder equity.
You can dig deeper into what analysts are forecasting on the Medallion Financial stock forecast page.
MFIN Momentum
MFIN Performance Metrics
Last year, MFIN earnings were $42.67M. During the last 3 year, MFIN's earnings have grown by 312.44% per year. This was faster than the Credit Services industry average of 11.25%.
Last year, MFIN revenue was $148.31M. Over the last 5 year, MFIN's revenue has grown by 12.73% per year. This was faster than the Credit Services industry average of 10.02%.
You can research MFIN's earnings and revenue performance here.
Who is buying/selling MFIN?
In the last 12 months, executives and large shareholders at MFIN have bought more shares than they have sold.
Anthony N. Cutrone, Chief Financial Officer of MFIN, was the latest MFIN insider to buy. They bought $3,750.00 worth of MFIN shares on Sep 10, 2024.
Learn more about who owns MFIN shares here.
Can I rely on MFIN as an income stream?
Medallion Financial pays a dividend of 4.98%, compared to the Credit Services industry's average dividend yield of 3.67%. If you owned $1,000 of MFIN stock, you would have received $49.75 last year.
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.
What others are saying about MFIN
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your MFIN trade
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price, place a limit order.
Press the Open button and eToro will place the order.
If you require additional assistance investing in stocks on eToro, click the how to 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 new company.
Create a watchlist to keep tabs on your MFIN stock.
MFIN Feed
How to Buy Stock in Medallion Financial
To reiterate, here are the 6 steps to buy stock in Medallion Financial:
- 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 are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Medallion Financial, create a watchlist on WallStreetZen today.
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