Medallion Financial (MFIN) to Release Quarterly Earnings on Tuesday

Medallion Financial (NASDAQ:MFIN - Get Free Report) is projected to post its quarterly earnings results before the market opens on Tuesday, February 18th. Analysts expect Medallion Financial to post earnings of $0.33 per share and revenue of $53.66 million for the quarter.

Medallion Financial Stock Up 0.8 %

Shares of Medallion Financial stock traded up $0.07 during midday trading on Friday, hitting $8.54. The company's stock had a trading volume of 25,601 shares, compared to its average volume of 40,847. The firm has a market capitalization of $197.02 million, a P/E ratio of 5.05 and a beta of 2.07. The stock has a 50-day simple moving average of $9.32 and a 200-day simple moving average of $8.81. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.54. Medallion Financial has a 1-year low of $6.48 and a 1-year high of $10.50.

Analysts Set New Price Targets

Separately, StockNews.com raised Medallion Financial from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th.

About Medallion Financial

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.