Medallion Financial to Redeem Series F Preferred Stock

Medallion Financial ( (MFIN) ) has issued an update.

On May 29, 2025, Medallion Bank announced it will redeem all 1,840,000 outstanding shares of its Series F Preferred Stock at $25.00 per share on July 1, 2025. This action means that after the redemption date, the Series F Preferred Stock will no longer be outstanding, and dividends on these shares will cease to accrue, impacting stakeholders holding these shares.

The most recent analyst rating on (MFIN) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Medallion Financial stock, see the MFIN Stock Forecast page.

Spark’s Take on MFIN Stock

According to Spark, TipRanks’ AI Analyst, MFIN is a Outperform.

Medallion Financial’s stock is well-positioned due to its strong financial performance, attractive valuation, and positive technical indicators. The company’s earnings call solidified its strong start to the year, despite the challenges of increased credit loss provisions and higher operating expenses. Overall, the stock represents a solid investment opportunity with good returns.

To see Spark’s full report on MFIN stock, click here.

More about Medallion Financial

Medallion Bank is a Utah-chartered, FDIC-insured industrial bank headquartered in Salt Lake City. It specializes in providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners. The Bank works directly with thousands of dealers, contractors, and financial service providers throughout the United States and is a wholly owned subsidiary of Medallion Financial Corp.

Average Trading Volume: 44,638

Technical Sentiment Signal: Strong Buy

Current Market Cap: $220M

Learn more about MFIN stock on TipRanks’ Stock Analysis page.