Q1 Earnings Forecast for MFIN Issued By Northland Securities

Medallion Financial Corp. (NASDAQ:MFIN) – Analysts at Northland Securities issued their Q1 2027 earnings per share (EPS) estimates for shares of Medallion Financial in a research note issued on Wednesday, October 14th. Northland Securities analyst M. Grondahl expects 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 Q2 2027 earnings at $0.30 EPS and Q4 2027 earnings at $0.30 EPS.

A number of other analysts also recently issued reports on the company. Raymond James Financial assumed coverage on Medallion Financial in a research report on Thursday, July 9th. They issued a “market perform” rating for the company. Piper Sandler reaffirmed a “neutral” rating and set a $12.00 price objective (up from $10.50) on shares of Medallion Financial in a research note on Friday, October 2nd. UBS Group reissued a “neutral” rating on shares of Medallion Financial in a research note on Friday, October 2nd. Zacks Research lowered shares of Medallion Financial from a “strong-buy” rating to a “strong sell” rating in a report on Monday, October 5th. Finally, Weiss Ratings raised shares of Medallion Financial from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday. Four equities 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, Medallion Financial presently has an average rating of “Reduce” and a consensus target price of $12.62.

Medallion Financial Stock Performance

NASDAQ MFIN opened at $11.03 on Thursday. The business’s 50 day moving average price is $11.74 and its 200-day moving average price is $10.35. Medallion Financial has a fifty-two week low of $7.85 and a fifty-two week high of $12.26. The company has a market cap of $253.25 million, a P/E ratio of 8.29 and a beta of 0.79. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.21 and a current ratio of 1.22.

Medallion Financial (NASDAQ:MFIN) last announced its earnings results on Wednesday, July 29th. The credit services provider reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.02. The firm had revenue of $84.38 million during the quarter, compared to analysts’ expectations of $58.98 million. Medallion Financial had a return on equity of 7.11% and a net margin of 9.25%.

Medallion Financial Dividend Announcement

The firm also recently disclosed 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 was Monday, August 17th. This represents a $0.56 dividend on an annualized basis and a yield of 5.1%. Medallion Financial’s payout ratio is presently 42.11%.

Hedge Funds Weigh In On Medallion Financial

Several hedge funds have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in Medallion Financial in the second quarter worth $12,450,000. Tieton Capital Management LLC bought a new stake in shares of Medallion Financial during the second quarter worth $10,297,000. Sei Investments Co. lifted its position 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 valued at $2,057,000. Finally, De Lisle Partners LLP purchased a new stake in shares of Medallion Financial during the second quarter valued at $2,027,000. Institutional investors own 40.56% of the company’s stock.

Medallion Financial Company Profile

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.