Medallion Financial Corp. (NASDAQ:MFIN)’s share price was down 1.2% on Tuesday . The stock traded as low as $4.96 and last traded at $5.00, with a volume of 129,854 shares changing hands. The stock had previously closed at $5.06.

Several equities analysts have weighed in on MFIN shares. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $8.00 target price (down previously from $9.75) on shares of Medallion Financial Corp. in a research note on Monday, July 11th. Sandler O’Neill downgraded Medallion Financial Corp. from a “buy” rating to a “hold” rating and lowered their price target for the stock from $12.00 to $6.50 in a report on Wednesday, August 10th.

The stock has a 50 day moving average of $6.80 and a 200 day moving average of $7.64. The firm has a market capitalization of $120.34 million and a P/E ratio of 4.7340.

Medallion Financial Corp. (NASDAQ:MFIN) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by $0.06. Analysts predict that Medallion Financial Corp. will post $0.85 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 31st. Investors of record on Wednesday, August 24th will be given a dividend of $0.05 per share. The ex-dividend date is Monday, August 22nd. This represents a $0.20 dividend on an annualized basis and a yield of 4.02%.

In other news, President Andrew Murstein acquired 10,000 shares of Medallion Financial Corp. stock in a transaction that occurred on Thursday, August 11th. The shares were acquired at an average price of $5.49 per share, for a total transaction of $54,900.00. Following the transaction, the president now directly owns 225,335 shares of the company’s stock, valued at approximately $1,237,089.15. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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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