Medallion Financial (MFIN) Set to Announce Quarterly Earnings on Tuesday

Medallion Financial (NASDAQ:MFIN) will be announcing its earnings results after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.35 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Medallion Financial (NASDAQ:MFIN) last posted its quarterly earnings data on Tuesday, February 20th. The credit services provider reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.61 by ($0.01). Medallion Financial had a return on equity of 14.02% and a net margin of 20.99%. The firm had revenue of $52.01 million for the quarter, compared to analyst estimates of $54.89 million. On average, analysts expect Medallion Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Medallion Financial Trading Down 1.4 %

MFIN opened at $7.91 on Monday. Medallion Financial has a twelve month low of $5.64 and a twelve month high of $10.49. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.57. The company has a fifty day moving average of $7.96 and a 200-day moving average of $8.68. The stock has a market cap of $185.73 million, a PE ratio of 3.34 and a beta of 2.06.

Medallion Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 5.06%. The ex-dividend date was Thursday, March 14th. Medallion Financial’s dividend payout ratio (DPR) is presently 16.88%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Medallion Financial from a “buy” rating to a “hold” rating in a research report on Friday, April 12th.

Medallion Financial Company Profile

Medallion Financial Corp., together with its subsidiaries, operates as a specialty finance company in the United States. It operates in four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and Taxi Medallion Lending. The company offers loans that finance consumer purchases of recreational vehicles, boats, and other consumer recreational equipment; consumer financing for window, siding, and roof replacement, swimming pool installations, and other home improvement projects; senior and subordinated loans for the purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and taxi medallion loans to individuals and small to mid-size businesses.