
Medallion Financial Corp. (NASDAQ:MFIN – Free Report) – Research analysts at Northland Securities lowered their FY2026 earnings per share (EPS) estimates for Medallion Financial in a research note issued to investors on Friday, October 30th. Northland Securities analyst M. Grondahl now expects that the credit services provider will earn $0.79 per share for the year, down from their prior forecast of $0.99. The consensus estimate for Medallion Financial’s current full-year earnings is $1.15 per share. Northland Securities also issued estimates for Medallion Financial’s FY2027 earnings at $0.84 EPS.
Other research analysts also recently issued research reports about the stock. UBS Group reaffirmed a “neutral” rating on shares of Medallion Financial in a report on Friday, October 2nd. LADENBURG THALM/SH SH lowered shares of Medallion Financial from a “buy” rating to a “neutral” rating in a research note on Friday, October 30th. Zacks Research lowered shares of Medallion Financial from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, October 5th. Raymond James Financial initiated coverage on shares of Medallion Financial in a report on Thursday, July 9th. They set a “market perform” rating on the stock. Finally, Weiss Ratings raised Medallion Financial from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, October 14th. Five investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $12.62.
Read Our Latest Analysis on MFIN
Medallion Financial Price Performance
Shares of Medallion Financial stock opened at $9.99 on Wednesday. The stock has a 50 day moving average of $11.66 and a 200 day moving average of $10.28. Medallion Financial has a 12 month low of $7.85 and a 12 month high of $12.26. The firm has a market cap of $229.37 million, a PE ratio of 9.03 and a beta of 0.80. The company has a current ratio of 1.22, a quick ratio of 1.21 and a debt-to-equity ratio of 0.57.
Medallion Financial (NASDAQ:MFIN – Get Free Report) last released its earnings results on Thursday, October 29th. The credit services provider reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.22). Medallion Financial had a return on equity of 5.32% and a net margin of 7.53%. The business had revenue of $88.89 million for the quarter, compared to analysts’ expectations of $63.54 million.
Hedge Funds Weigh In On Medallion Financial
A number of institutional investors have recently added to or reduced their stakes in the stock. Hsbc Holdings PLC raised its holdings in shares of Medallion Financial by 9.3% during the 1st quarter. Hsbc Holdings PLC now owns 24,043 shares of the credit services provider’s stock worth $209,000 after acquiring an additional 2,052 shares during the period. Soltis Investment Advisors LLC lifted its stake in Medallion Financial by 8.5% in the third quarter. Soltis Investment Advisors LLC now owns 49,680 shares of the credit services provider’s stock worth $591,000 after acquiring an additional 3,913 shares during the last quarter. Empowered Funds LLC lifted its holdings in Medallion Financial by 10.8% during the 1st quarter. Empowered Funds LLC now owns 56,690 shares of the credit services provider’s stock worth $485,000 after buying an additional 5,510 shares during the last quarter. Squarepoint Ops LLC lifted its position in shares of Medallion Financial by 14.5% during the 2nd quarter. Squarepoint Ops LLC now owns 78,555 shares of the credit services provider’s stock worth $802,000 after buying an additional 9,968 shares during the last quarter. Finally, Vise Technologies Inc. acquired a new position in Medallion Financial in the second quarter valued at $110,000. Hedge funds and other institutional investors own 40.56% of the company’s stock.
Medallion Financial Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Monday, November 9th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date is Monday, November 9th. Medallion Financial’s dividend payout ratio is 50.45%.
About Medallion Financial
Medallion Financial Corp. is a specialty finance company that originates and services loans for taxi medallion owners and operators. Its lending activities have historically focused on financing the purchase and refinancing of taxi medallions, as well as providing loans secured by related commercial assets.
Through its subsidiaries, including Medallion Bank, the company also participates in consumer and commercial lending. Medallion Bank has offered financing for recreational vehicles, boats, home-improvement projects and other consumer purchases, while the company’s broader lending operations serve small businesses and transportation-related borrowers.
Founded in 1995 and headquartered in New York, Medallion Financial has built its business around specialized lending markets that are often served by fewer traditional financial institutions.
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