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Frequently Asked Questions

Get to know Medifast, Inc.

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What is Medifast?

Medifast (NYSE: MED) is the company behind one of the fastest-growing health and wellness communities, OPTAVIA®, which offers Lifelong Transformation, One Healthy Habit at a Time®. Based on nearly 40 years of experience, Medifast has redefined direct selling by combining the best aspects of the model. Its community of thousands of independent OPTAVIA Coaches teach Clients to develop holistic healthy habits through products and clinically proven plans, the Habits of Health® Transformational System and comprehensive support from a community of like-minded people. In 2019, Medifast expanded the OPTAVIA movement globally, beginning with the Asia-Pacific region.  Medifast is traded on the New York Stock Exchange and was named to Fortune's 100 Fastest-Growing Companies list in 2019 and Forbes' 100 Most Trustworthy Companies in America List in 2016 and 2017. For more information, visit www.MedifastInc.com or www.OPTAVIA.com.

When Was Medifast incorporated?

Medifast was incorporated in Delaware in 1989.

Where is Medifast headquartered?

100 International Drive

18th Floor

Baltimore, Maryland 21202

How many employees does Medifast have?

As of December 31, 2020, the Company employed 713 employees. At that point, our workforce demographics were as follows:  

Age
                 18 to 25 87
  26 to 35 227
  36 to 45 161
  46 to 55 132
  56 to 65 94
  66+ 12
     
Sex
  Female 338
  Male 375
     
Race
  Asian 56
  Black or African American 315
  Hispanic or Latino 49
  Not specified 32
  Two or more races 27
  White 231
  American Indian/Alaskan Native 2
  Native Hawaiian 1

 

What is Medifast's fiscal year?

Medifast's fiscal year ends on December 31.

What is Medifast's current stock price?

Click here to see Medifast's current stock price. *Note prices may be delayed up to 15 minutes

How can I purchase Medifast stock?

Please contact a registered stockbroker.

Does Medifast provide a direct stock purchase plan?

Medifast does not provide a direct stock purchase plan.

Does Medifast issue dividends on its common stock?

Medifast announced on December 16, 2015 that its Board of Directors authorized a dividend program under which it intends to pay a regular quarterly cash dividend to its stockholders.  The Company expects to maintain a program of paying dividends on a quarterly basis.  However, the declaration of dividends in the future is subject to the discretion of the Medifast Board of Directors, who will evaluate the Company's dividend program from time to time based on factors that it deems relevant.  To view our dividend history click here.

What exchange is Medifast traded on and what is the symbol?

Medifast's common stockis traded on the New York Stock Exchange under the symbol "MED."

How can I get a copy of Medifast's current annual report?

Please click here to read an electronic copy of the current annual report.
Please click here to request a hard copy.

Who may I contact at Medifast for an investor packet?

Please click here to request an investor packet, or contact Jim Maloney at InvestorRelations@medifastinc.com or 1-800-763-9953

How do I get a copy of Medifast's SEC filings, including 10-K's and 10-Q's?

Please click here.

Who are Medifast's independent auditors?

RSM US LLP

Who is Medifast's stock transfer agent?

American Stock Transfer & Trust Company, LLC (AST)

Whom do I contact regarding restricted stock certificates?

For restricted stock matters, please contact Jim Maloney at 1-800-763-9953.

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