Q4 Earnings Forecast for MFIN Issued By Northland Securities

Medallion Financial Corp. (NASDAQ:MFIN) – Northland Securities lowered their Q4 2026 earnings estimates for Medallion Financial in a research note issued on Friday, October 30th. Northland Securities analyst M. Grondahl now anticipates that the credit services provider will post earnings per share of $0.18 for the quarter, down from their prior forecast 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.

Medallion Financial (NASDAQ:MFIN) last announced its quarterly earnings data on Thursday, October 29th. The credit services provider reported $0.10 earnings per share 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 business had revenue of $88.89 million during the quarter, compared to analysts’ expectations of $63.54 million.

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

Medallion Financial Stock Performance

Shares of MFIN stock opened at $10.02 on Tuesday. The company has a current ratio of 1.22, a quick ratio of 1.21 and a debt-to-equity ratio of 0.57. The stock has a 50 day simple moving average of $11.70 and a 200-day simple moving average of $10.28. The company has a market cap of $230.06 million, a price-to-earnings ratio of 9.03 and a beta of 0.79. Medallion Financial has a 12-month low of $7.85 and a 12-month high of $12.26.

Institutional Investors Weigh In On Medallion Financial

Several institutional investors have recently modified their holdings of the company. Soltis Investment Advisors LLC boosted its position in Medallion Financial by 8.5% during the third quarter. Soltis Investment Advisors LLC now owns 49,680 shares of the credit services provider’s stock worth $591,000 after purchasing an additional 3,913 shares in the last quarter. Squarepoint Ops LLC grew its holdings in Medallion Financial by 14.5% in the second quarter. Squarepoint Ops LLC now owns 78,555 shares of the credit services provider’s stock valued at $802,000 after purchasing an additional 9,968 shares during the last quarter. Hsbc Holdings PLC grew its holdings in Medallion Financial by 11.4% in the second quarter. Hsbc Holdings PLC now owns 26,792 shares of the credit services provider’s stock valued at $273,000 after purchasing an additional 2,749 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of Medallion Financial in the second quarter valued at $620,000. Finally, Bank of America Corp DE purchased a new position in shares of Medallion Financial in the second quarter valued at $190,000. Hedge funds and other institutional investors 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. Stockholders of record on Monday, November 9th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date is Monday, November 9th. Medallion Financial’s dividend payout ratio (DPR) is presently 50.45%.

About Medallion Financial

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.