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Medallion Financial (MFIN) Upgraded to Hold at Zacks Investment Research

Medallion Financial (MFIN. of the 250 plus Zacks industries. Our research shows that the top 50% of the zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Want the.

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Zacks Investment Research upgraded shares of Medallion Financial (NASDAQ:MFIN) from a sell rating to a hold rating in a report published on Thursday, Zacks.com reports. According to Zacks, "Medallion Financial Corp. is a specialty finance company that originates and services loans that finance taxicab medallions and various types of commercial loans.

Medallion Financial Corp (NASDAQ:MFIN) announced its earnings results on Monday, May, 6th. The credit services provider reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05. The credit services provider had revenue of $29.18 million for the quarter, compared to the consensus estimate of $26.71 million.

Medallion Financial Corp (NASDAQ:MFIN) insider Thomas J. Munson sold 4,248 shares of the business’s stock in a transaction on Friday, May 17th. The shares were sold at an average price of $7.34, for a total transaction of $31,180.32. Following the sale, the insider now directly owns 17,670 shares in the company, valued at $129,697.80.

Zacks Investment Research upgraded shares of Medallion Financial (NASDAQ:MFIN) from a sell rating to a hold rating in a report issued on Thursday, Zacks.com reports. According to Zacks, "Medallion Financial Corp. is a specialty finance company that originates and services loans that finance taxicab medallions and various types of commercial loans.

Finally, Zacks Investment Research lowered Medallion Financial from a hold rating to a strong sell rating in a report on Wednesday, March 6th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company.

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Within our up-to-date Medallion Financial Corp (MFIN) stock research report you will find a host of valuable data points and information to help you understand this stock. From analyst recommendations to any dividend declarations, earnings announcements, or insider trades, you’ll be able to get the big picture for Medallion Financial Corp (MFIN).

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Per the S&P Global Platts ranking of the top financial. 3 (Hold) Laredo will receive $825 million from the transaction. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks.