Northland Capmk Has Negative Forecast for MFIN Q1 Earnings

Medallion Financial Corp. (NASDAQ:MFIN - Free Report) - Northland Capmk lowered their Q1 2025 earnings estimates for Medallion Financial in a research note issued on Wednesday, March 5th. Northland Capmk analyst M. Grondahl now anticipates that the credit services provider will post earnings per share of $0.32 for the quarter, down from their prior forecast of $0.34. The consensus estimate for Medallion Financial's current full-year earnings is $1.46 per share. Northland Capmk also issued estimates for Medallion Financial's Q2 2025 earnings at $0.37 EPS, Q3 2025 earnings at $0.43 EPS and FY2025 earnings at $1.53 EPS.

Medallion Financial (NASDAQ:MFIN - Get Free Report) last posted its quarterly earnings results on Tuesday, March 4th. The credit services provider reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.10. Medallion Financial had a return on equity of 9.52% and a net margin of 13.72%. The firm had revenue of $53.10 million for the quarter, compared to the consensus estimate of $53.66 million.

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

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Medallion Financial Price Performance

Shares of NASDAQ:MFIN traded down $0.35 on Friday, reaching $8.61. 145,850 shares of the company were exchanged, compared to its average volume of 75,806. The company has a current ratio of 1.18, a quick 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. The company has a 50-day moving average of $8.87 and a 200-day moving average of $8.88. The firm has a market cap of $198.62 million, a price-to-earnings ratio of 5.09 and a beta of 2.10.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets raised its holdings in shares of Medallion Financial by 52.3% in the third quarter. BNP Paribas Financial Markets now owns 4,820 shares of the credit services provider's stock worth $39,000 after acquiring an additional 1,656 shares during the last quarter. MetLife Investment Management LLC boosted its position in Medallion Financial by 62.0% during the fourth quarter. MetLife Investment Management LLC now owns 9,018 shares of the credit services provider's stock worth $85,000 after acquiring an additional 3,452 shares during the last quarter. Deutsche Bank AG purchased a new stake in shares of Medallion Financial in the fourth quarter valued at $92,000. Wells Fargo & Company MN increased its stake in shares of Medallion Financial by 24.3% during the 4th quarter. Wells Fargo & Company MN now owns 11,554 shares of the credit services provider's stock valued at $108,000 after acquiring an additional 2,256 shares during the last quarter. Finally, Mariner LLC purchased a new position in Medallion Financial during the fourth quarter worth approximately $112,000. 40.56% of the stock is currently owned by institutional investors and hedge funds.

Medallion Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a $0.11 dividend. The ex-dividend date is Monday, March 17th. This represents a $0.44 annualized dividend and a dividend yield of 5.11%. Medallion Financial's dividend payout ratio is presently 28.95%.

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.