Q4 Earnings Estimate for MFIN Issued By Northland Securities

Key Points

• Northland Securities lowered its Q4 2026 EPS estimate for Medallion Financial to $0.18 from $0.25, while forecasting quarterly EPS of $0.20–$0.21 throughout 2027.
• Analyst sentiment is generally cautious: five analysts rate the stock Hold and one rates it Sell, resulting in a MarketBeat consensus rating of “Reduce” and an average price target of $12.62.
• Medallion Financial recently reported Q3 EPS of $0.10, well below the $0.32 consensus, despite revenue of $88.89 million exceeding expectations; the company also declared a quarterly dividend of $0.14 per share, yielding 5.6% annually.

Medallion Financial Corp. (NASDAQ:MFIN - Free Report) - Northland Securities cut their Q4 2026 EPS estimates for shares of Medallion Financial in a research report issued on Friday, October 30th. Northland Securities analyst M. Grondahl now forecasts that the credit services provider will post earnings of $0.18 per share for the quarter, down from their previous estimate of $0.25. 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 Q1 2027 earnings at $0.20 EPS, Q2 2027 earnings at $0.21 EPS, Q3 2027 earnings at $0.21 EPS and Q4 2027 earnings at $0.21 EPS.

A number of other analysts have also recently commented on MFIN. LADENBURG THALM/SH SH cut Medallion Financial from a "buy" rating to a "neutral" rating in a research report on Friday. Piper Sandler reissued a "neutral" rating and issued a $12.00 target price (up from $10.50) on shares of Medallion Financial in a research report on Friday, October 2nd. Zacks Research downgraded Medallion Financial from a "strong-buy" rating to a "strong sell" rating in a research note on Monday, October 5th. UBS Group restated a "neutral" rating on shares of Medallion Financial in a research note on Friday, October 2nd. Finally, Raymond James Financial initiated coverage on Medallion Financial in a research report on Thursday, July 9th. They set a "market perform" rating on the stock. Five research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Reduce" and an average target price of $12.62.

Medallion Financial Price Performance

Shares of MFIN opened at $10.02 on Tuesday. 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 1-year low of $7.85 and a 1-year high of $12.26. The stock has a market cap of $230.06 million, a PE ratio of 9.03 and a beta of 0.79. The firm has a fifty day moving average price of $11.70 and a 200 day moving average price of $10.28.

Medallion Financial (NASDAQ:MFIN - Get Free Report) last posted its earnings results on Thursday, October 29th. The credit services provider reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.32 by ($0.22). Medallion Financial had a net margin of 9.25% and a return on equity of 7.11%. The company had revenue of $88.89 million during the quarter, compared to analysts' expectations of $63.54 million.

Hedge Funds Weigh In On Medallion Financial

Institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in Medallion Financial during the 2nd quarter worth approximately $12,450,000. Tieton Capital Management LLC purchased a new stake in shares of Medallion Financial during the second quarter worth approximately $10,297,000. Sei Investments Co. raised its stake 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 last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Medallion Financial during the second quarter worth approximately $2,057,000. Finally, De Lisle Partners LLP acquired a new stake in shares of Medallion Financial during the second quarter worth $2,027,000. Institutional investors and hedge funds own 40.56% of the company's stock.

Medallion Financial Announces Dividend

The business 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. The ex-dividend date of this dividend is Monday, November 9th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.6%. Medallion Financial's dividend payout ratio (DPR) is currently 50.45%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.