Medallion Financial Corp. (NASDAQ:MFIN - Free Report) - Equities researchers at Northland Securities reduced their Q2 2026 earnings per share estimates for shares of Medallion Financial in a note issued to investors on Friday, May 1st. Northland Securities analyst M. Grondahl now expects that the credit services provider will post earnings of $0.27 per share for the quarter, down from their previous forecast of $0.30. The consensus estimate for Medallion Financial's current full-year earnings is $1.34 per share. Northland Securities also issued estimates for Medallion Financial's Q3 2026 earnings at $0.30 EPS, Q4 2026 earnings at $0.31 EPS and FY2026 earnings at $1.08 EPS.
A number of other analysts have also recently commented on the stock. Zacks Research upgraded shares of Medallion Financial from a "strong sell" rating to a "hold" rating in a research note on Monday, April 20th. Weiss Ratings lowered shares of Medallion Financial from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, April 8th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $12.00.
Get Our Latest Stock Analysis on MFIN
Medallion Financial Price Performance
Shares of MFIN stock opened at $8.86 on Monday. Medallion Financial has a fifty-two week low of $7.85 and a fifty-two week high of $11.00. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.20 and a current ratio of 1.21. The firm has a market capitalization of $208.48 million, a price-to-earnings ratio of 5.99 and a beta of 0.77. The stock's 50-day simple moving average is $9.24 and its 200-day simple moving average is $9.82.
Medallion Financial (NASDAQ:MFIN - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The credit services provider reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.25 by ($0.05). The business had revenue of $54.06 million during the quarter, compared to analysts' expectations of $56.15 million. Medallion Financial had a net margin of 10.35% and a return on equity of 7.71%.
Hedge Funds Weigh In On Medallion Financial
Hedge funds and other institutional investors have recently bought and sold shares of the business. Uniplan Investment Counsel Inc. raised its position 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 worth $3,500,000 after buying an additional 87,321 shares during the last quarter. Mariner LLC purchased a new stake in shares of Medallion Financial in the 4th quarter valued at $739,000. Teton Advisors LLC acquired a new stake in shares of Medallion Financial in the third quarter worth $606,000. Goldman Sachs Group Inc. increased its stake in shares of Medallion Financial by 83.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 129,949 shares of the credit services provider's stock worth $1,337,000 after acquiring an additional 59,130 shares during the period. Finally, De Lisle Partners LLP raised its holdings in shares of Medallion Financial by 40.4% during the fourth quarter. De Lisle Partners LLP now owns 180,079 shares of the credit services provider's stock worth $1,851,000 after purchasing an additional 51,822 shares during the last quarter. Institutional investors and hedge funds own 40.56% of the company's stock.
Medallion Financial Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Investors of record on Monday, May 11th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 6.3%. This is a positive change from Medallion Financial's previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, May 11th. Medallion Financial's dividend payout ratio is presently 32.43%.
Medallion Financial Company Profile
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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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