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Frequently Asked Questions

Get to know Medifast, Inc.

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What is Medifast?

Medifast (NYSE: MED) is the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, which offers scientifically developed products, clinically proven plans and the support of Coaches and a Community to help Clients achieve Lifelong Transformation, One Healthy Habit at a Time®. Based on more than 40 years of experience, Medifast has redefined direct selling by combining the best aspects of the model. Its community of independent OPTAVIA Coaches has impacted more than 2 million lives and teaches Clients how to develop holistic healthy habits through the proprietary Habits of Health® Transformational System. Medifast was recognized in 2020 and 2021 as one of FORTUNE's 100 Fastest-Growing Companies and was named to Forbes' 100 Most Trustworthy Companies in America list in 2017. For more information, visit MedifastInc.com or OPTAVIA.com and follow @Medifast on Twitter.

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, 2021, the Company employed 984 employees. At that point, our workforce demographics were as follows:

Age
                 18 to 25 125
  26 to 35 319
  36 to 45 242
  46 to 55 179
  56 to 65 101
  66+ 18
     
Sex
  Female 483
  Male 501
     
Race
  American Indian/Alaskan Native 4
  Asian 73
  Black or African American 452
  Hispanic or Latino 70
  White 298
  Two or more races 48
  Not specified 39

 

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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