Medallion Financial (NASDAQ:MFIN – Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Tuesday, October 29th. Analysts expect Medallion Financial to post earnings of $0.36 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.
Medallion Financial (NASDAQ:MFIN – Get Free Report) last announced its quarterly earnings data on Tuesday, July 30th. The credit services provider reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.03). The firm had revenue of $71.80 million during the quarter, compared to analyst estimates of $50.39 million. Medallion Financial had a net margin of 14.97% and a return on equity of 10.35%. During the same period in the prior year, the firm posted $0.62 earnings per share. On average, analysts expect Medallion Financial to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Medallion Financial Stock Performance
Shares of MFIN opened at $9.07 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market capitalization of $210.15 million, a P/E ratio of 5.04 and a beta of 2.14. The company’s fifty day moving average is $8.12 and its two-hundred day moving average is $8.01. Medallion Financial has a 1 year low of $6.34 and a 1 year high of $10.14.
Medallion Financial Announces Dividend
Analysts Set New Price Targets
Separately, StockNews.com cut shares of Medallion Financial from a “buy” rating to a “hold” rating in a research note on Friday, August 9th.
Check Out Our Latest Report on MFIN
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.
Further Reading
- Five stocks we like better than Medallion Financial
- Stock Dividend Cuts Happen Are You Ready?
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- What is a support level?
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- MarketBeat Week in Review – 10/21- 10/25
Receive News & Ratings for Medallion Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medallion Financial and related companies with MarketBeat.com's FREE daily email newsletter.