Medallion Financial Corp. (NASDAQ:MFIN – Free Report) – Analysts at Northland Securities reduced their Q3 2026 EPS estimates for Medallion Financial in a research report issued to clients and investors on Thursday, July 30th. Northland Securities analyst M. Grondahl now anticipates that the credit services provider will post earnings per share of $0.23 for the quarter, down from their prior forecast of $0.30. The consensus estimate for Medallion Financial’s current full-year earnings is $1.10 per share. Northland Securities also issued estimates for Medallion Financial’s Q4 2026 earnings at $0.25 EPS and FY2026 earnings at $0.99 EPS.
A number of other brokerages have also recently issued reports on MFIN. Zacks Research raised Medallion Financial from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 30th. Piper Sandler started coverage on Medallion Financial in a research note on Friday, June 12th. They issued a “neutral” rating and a $10.50 target price for the company. Raymond James Financial initiated coverage on Medallion Financial in a report on Thursday, July 9th. They set a “market perform” rating for the company. Finally, Weiss Ratings upgraded Medallion Financial from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 2nd. Four analysts have rated the stock with a Hold rating, According to MarketBeat.com, Medallion Financial currently has an average rating of “Hold” and a consensus target price of $10.50.
Medallion Financial Price Performance
Shares of NASDAQ:MFIN opened at $10.60 on Monday. The company has a quick ratio of 1.20, a current ratio of 1.21 and a debt-to-equity ratio of 0.42. The stock has a market cap of $245.00 million, a PE ratio of 7.97 and a beta of 0.78. The company’s fifty day moving average is $9.87 and its 200 day moving average is $9.67. Medallion Financial has a 52 week low of $7.85 and a 52 week high of $11.00.
Medallion Financial (NASDAQ:MFIN – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The credit services provider reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.02. Medallion Financial had a net margin of 9.25% and a return on equity of 7.12%. The firm had revenue of $58.06 million during the quarter, compared to analyst estimates of $58.98 million.
Hedge Funds Weigh In On Medallion Financial
A number of hedge funds have recently modified their holdings of MFIN. Sei Investments Co. boosted its holdings in shares of Medallion Financial by 124.0% during the first quarter. Sei Investments Co. now owns 490,972 shares of the credit services provider’s stock worth $4,203,000 after purchasing an additional 271,789 shares during the period. Geode Capital Management LLC increased its holdings in Medallion Financial by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 406,754 shares of the credit services provider’s stock valued at $4,186,000 after purchasing an additional 6,458 shares during the period. Uniplan Investment Counsel Inc. increased its holdings in Medallion Financial by 34.5% during the 4th quarter. Uniplan Investment Counsel Inc. now owns 340,123 shares of the credit services provider’s stock valued at $3,500,000 after purchasing an additional 87,321 shares during the period. State Street Corp increased its holdings in Medallion Financial by 1.0% during the 4th quarter. State Street Corp now owns 243,509 shares of the credit services provider’s stock valued at $2,506,000 after purchasing an additional 2,462 shares during the period. Finally, De Lisle Partners LLP raised its position in Medallion Financial by 40.4% during the 4th quarter. De Lisle Partners LLP now owns 180,079 shares of the credit services provider’s stock valued at $1,851,000 after purchasing an additional 51,822 shares during the last quarter. Hedge funds and other institutional investors own 40.56% of the company’s stock.
Medallion Financial Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Monday, August 17th. Medallion Financial’s dividend payout ratio (DPR) is 42.11%.
Medallion Financial Company Profile
Medallion Financial Corporation is a specialty finance company that provides asset-based lending solutions to small and mid-sized businesses in the United States. The company’s core business activities include secured loans collateralized by business assets such as insurance premiums, commercial real estate, maritime assets and portfolio receivables. Through its insurance premium finance division, Medallion offers short-term loans that allow policyholders to spread insurance costs over multiple payments, while its portfolio financing arm provides funding against a borrower’s existing asset portfolios.
Founded in 1998 and headquartered in Minneapolis, Minnesota, Medallion Financial originally established itself in the taxi medallion lending market, extending loans secured by New York City cab medallions.
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