Northland Securities Forecasts MFIN FY2026 Earnings

Key Points

• Northland Securities cut its FY2026 EPS forecast for Medallion Financial to $0.79 from $0.99, well below the $1.15 analyst consensus; it forecast FY2027 EPS of $0.84.
• Medallion reported quarterly EPS of $0.10, missing the $0.32 consensus, while revenue of $88.89 million exceeded the $63.54 million estimate. Analysts’ average rating was “Reduce,” with an average price target of $12.62.
• The company declared a quarterly dividend of $0.14 per share, equivalent to $0.56 annually and a 5.6% yield.

Medallion Financial Corp. (NASDAQ:MFIN - Free Report) - Northland Securities cut 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 forecasts that the credit services provider will post earnings of $0.79 per share for the year, down from their previous estimate 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.

A number of other research analysts have also recently issued reports on the stock. LADENBURG THALM/SH SH cut shares of Medallion Financial from a "buy" rating to a "neutral" rating in a report on Friday, October 30th. Piper Sandler restated a "neutral" rating and set a $12.00 price target (up from $10.50) on shares of Medallion Financial in a research report on Friday, October 2nd. UBS Group restated a "neutral" rating on shares of Medallion Financial in a research note on Friday, October 2nd. Weiss Ratings raised shares of Medallion Financial from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday, October 14th. Finally, Raymond James Financial assumed coverage on shares of Medallion Financial in a research note on Thursday, July 9th. They set a "market perform" rating for the company. Five investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Reduce" and an average price target of $12.62.

Medallion Financial Stock Performance

Shares of Medallion Financial stock opened at $9.99 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.22 and a quick ratio of 1.21. Medallion Financial has a one year low of $7.85 and a one year high of $12.26. The business has a 50-day simple moving average of $11.66 and a 200 day simple moving average of $10.28. The firm has a market capitalization of $229.37 million, a price-to-earnings ratio of 9.03 and a beta of 0.80.

Medallion Financial (NASDAQ:MFIN - Get Free Report) last issued 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 company had revenue of $88.89 million for the quarter, compared to the consensus estimate of $63.54 million.

Medallion Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Monday, November 9th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Monday, November 9th. Medallion Financial's dividend payout ratio is currently 50.45%.

Hedge Funds Weigh In On Medallion Financial

Hedge funds have recently made changes to their positions in the business. BlackRock Inc. bought a new position in shares of Medallion Financial in the 2nd quarter worth approximately $12,450,000. Tieton Capital Management LLC bought a new position in Medallion Financial in the 2nd quarter worth about $10,297,000. Sei Investments Co. lifted its stake in shares of Medallion Financial by 124.0% in the first quarter. Sei Investments Co. now owns 490,972 shares of the credit services provider's stock worth $4,203,000 after buying an additional 271,789 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Medallion Financial during the 2nd quarter valued at $2,057,000. Finally, De Lisle Partners LLP purchased a new position in Medallion Financial in the 2nd quarter worth about $2,027,000. 40.56% of the stock is owned by hedge funds and other institutional investors.

Medallion Financial Company Profile

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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