What is Northland Securities’ Estimate for MFIN Q3 Earnings?

Medallion Financial Corp. (NASDAQ:MFIN) – Equities researchers at Northland Securities decreased their Q3 2026 earnings per share estimates for shares of Medallion Financial in a research note issued to investors on Thursday, July 30th. Northland Securities analyst M. Grondahl now expects that the credit services provider will post earnings of $0.23 per share for the quarter, down from their previous estimate of $0.30. 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 Q4 2026 earnings at $0.25 EPS and FY2026 earnings at $0.99 EPS.

Other research analysts have also recently issued reports about the stock. Piper Sandler began coverage on shares of Medallion Financial in a research report on Friday, June 12th. They set a “neutral” rating and a $10.50 price target for the company. 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. Zacks Research upgraded shares of Medallion Financial from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 30th. Finally, Weiss Ratings raised Medallion Financial from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 2nd. Four research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $10.50.

Medallion Financial Stock Up 2.8%

NASDAQ:MFIN opened at $10.90 on Monday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.21 and a quick ratio of 1.20. The firm’s 50-day moving average price is $9.89 and its 200-day moving average price is $9.68. The company has a market capitalization of $251.90 million, a PE ratio of 8.20 and a beta of 0.78. Medallion Financial has a 1-year low of $7.85 and a 1-year high of $11.00.

Medallion Financial (NASDAQ:MFIN) last released its earnings results on Wednesday, July 29th. The credit services provider reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. Medallion Financial had a return on equity of 7.12% and a net margin of 9.25%.The company had revenue of $58.06 million during the quarter, compared to analysts’ expectations of $58.98 million.

Medallion Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.56 annualized dividend and a yield of 5.1%. Medallion Financial’s payout ratio is 42.11%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MFIN. BNP Paribas Financial Markets increased its position in shares of Medallion Financial by 45.0% during the third quarter. BNP Paribas Financial Markets now owns 3,708 shares of the credit services provider’s stock valued at $37,000 after acquiring an additional 1,150 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in Medallion Financial in the 4th quarter worth approximately $42,000. Daytona Street Capital LLC bought a new position in Medallion Financial in the 4th quarter valued at approximately $51,000. Tower Research Capital LLC TRC lifted its position in Medallion Financial by 533.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 6,280 shares of the credit services provider’s stock valued at $60,000 after acquiring an additional 5,288 shares in the last quarter. Finally, Osaic Holdings Inc. purchased a new stake in Medallion Financial during the 2nd quarter valued at $76,000. Institutional investors own 40.56% of the company’s stock.

Medallion Financial Company Profile

Medallion Financial Corporation is a specialty finance company that provides asset-based lending solutions to small and mid-sized businesses in the United States. The company’s core business activities include secured loans collateralized by business assets such as insurance premiums, commercial real estate, maritime assets and portfolio receivables. Through its insurance premium finance division, Medallion offers short-term loans that allow policyholders to spread insurance costs over multiple payments, while its portfolio financing arm provides funding against a borrower’s existing asset portfolios.

Founded in 1998 and headquartered in Minneapolis, Minnesota, Medallion Financial originally established itself in the taxi medallion lending market, extending loans secured by New York City cab medallions.