What is Northland Securities' Estimate for MFIN Q3 Earnings?

Key Points

• Northland Securities expects Medallion Financial to report Q3 FY2027 EPS of $0.29 and forecasts full-year FY2027 earnings of $1.19 per share.
• Analyst sentiment is cautious: Medallion Financial has an average “Reduce” rating, with four Hold ratings and one Sell rating, and an average price target of $12.62.
• Medallion Financial’s latest quarterly results exceeded expectations, with EPS of $0.31 versus the $0.29 consensus and revenue of $84.38 million versus estimates of $58.98 million; its annualized dividend yield is approximately 5.0%.

Medallion Financial Corp. (NASDAQ:MFIN - Free Report) - Stock analysts at Northland Securities issued their Q3 2027 EPS estimates for shares of Medallion Financial in a report issued on Wednesday, October 14th. Northland Securities analyst M. Grondahl forecasts that the credit services provider will post earnings per share of $0.29 for the quarter. 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 $1.19 EPS.

A number of other research firms have also commented on MFIN. 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. Weiss Ratings upgraded Medallion Financial from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday. Piper Sandler restated a "neutral" rating and issued a $12.00 target price (up from $10.50) on shares of Medallion Financial in a report on Friday, October 2nd. UBS Group reissued a "neutral" rating on shares of Medallion Financial in a research report on Friday, October 2nd. Finally, Raymond James Financial began coverage on shares of Medallion Financial in a research report on Thursday, July 9th. They set a "market perform" rating on the stock. Four research 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.com, the company presently has an average rating of "Reduce" and an average price target of $12.62.

Medallion Financial Stock Performance

Shares of MFIN stock opened at $11.19 on Friday. The business's 50-day moving average price is $11.75 and its 200-day moving average price is $10.37. The firm has a market capitalization of $256.92 million, a price-to-earnings ratio of 8.41 and a beta of 0.79. Medallion Financial has a 12 month low of $7.85 and a 12 month high of $12.26. 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 announced its earnings results on Wednesday, July 29th. The credit services provider reported $0.31 EPS for the quarter, topping the consensus estimate of $0.29 by $0.02. Medallion Financial had a net margin of 9.25% and a return on equity of 7.11%. The company had revenue of $84.38 million for the quarter, compared to analysts' expectations of $58.98 million.

Institutional Investors Weigh In On Medallion Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in Medallion Financial in the second quarter worth about $12,450,000. Tieton Capital Management LLC purchased a new position in Medallion Financial in the 2nd quarter worth about $10,297,000. Sei Investments Co. boosted its holdings in 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 purchasing an additional 271,789 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Medallion Financial in the 2nd quarter worth $2,057,000. Finally, De Lisle Partners LLP bought a new stake in shares of Medallion Financial during the 2nd quarter valued at about $2,027,000. 40.56% of the stock is currently owned by institutional investors.

Medallion Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.56 annualized dividend and a dividend yield of 5.0%. Medallion Financial's dividend payout ratio (DPR) is currently 42.11%.

About Medallion Financial

Medallion Financial Corp. NASDAQ: MFIN is a specialty finance company that provides financing to consumers, small businesses and commercial vehicle operators. The company operates primarily through Medallion Bank and Medallion Funding, offering loans through direct and indirect lending channels.

Medallion Bank provides consumer financing for products and services such as home improvements, recreational vehicles, boats and other lifestyle purchases. Medallion Funding focuses on commercial lending, including loans secured by taxi medallions and financing for taxi and other transportation-related businesses.

Founded in 1995, Medallion Financial has historically served borrowers in the United States through relationships with dealers, contractors and other business partners.

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