Where Does Wall Street Think Medallion Financial Corp (MFIN) Stock Will Go?

Analysts who follow Medallion Financial Corp (MFIN) on average expect it to add 52.09% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns Medallion Financial Corp an Analyst Ranking of 26, which means it ranks higher than 26 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating MFIN a Buy today. Find out what this means to you and get the rest of the rankings on MFIN!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Medallion Financial Corp Stock Today?

Medallion Financial Corp (MFIN) stock is trading at $7.89 as of 10:39 AM on Monday, Mar 11, a loss of -$0.20, or -2.47% from the previous closing price of $8.09. The stock has traded between $7.34 and $8.05 so far today. Volume today is less active than usual. So far 45,479 shares have traded compared to average volume of 124,238 shares. Click Here to get the full Stock Report for Medallion Financial Corp stock.