Medallion Financial (NASDAQ:MFIN) Shares Cross Above 200-Day Moving Average – Time to Sell?

Medallion Financial Corp. (NASDAQ:MFIN) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $10.35 and traded as high as $11.44. Medallion Financial shares last traded at $11.03, with a volume of 74,511 shares.

Key Medallion Financial News

Here are the key news stories impacting Medallion Financial this week:

• Positive Sentiment: Shares broke above their 200-day moving average, a technical signal that can attract momentum-oriented investors and suggest improving market sentiment. Medallion Financial Shares Break Above 200-Day Moving Average
• Positive Sentiment: Northland Securities expects Medallion Financial to earn $1.19 per share in fiscal 2027, above the company’s current full-year consensus estimate of $1.15. Its quarterly forecasts range from $0.29 to $0.30 per share, indicating expectations for relatively steady profitability. Medallion Financial Analyst Estimates
• Neutral Sentiment: Medallion Financial will release its 2026 third-quarter results on Thursday, October 29, followed by a conference call at 9:00 a.m. ET on Friday, October 30. Investors will focus on earnings, loan performance, credit quality and management’s outlook. Medallion Financial to Report Third-Quarter Results

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Piper Sandler reissued a “neutral” rating and set a $12.00 price objective (up from $10.50) on shares of Medallion Financial in a report on Friday, October 2nd. Raymond James Financial began coverage on Medallion Financial in a research note on Thursday, July 9th. They issued a “market perform” rating for the company. UBS Group restated a “neutral” rating on shares of Medallion Financial in a research note on Friday, October 2nd. Northland Securities set a $13.25 price target on Medallion Financial in a research report on Wednesday. Finally, Weiss Ratings upgraded Medallion Financial from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday. Four research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $12.62.

Medallion Financial Stock Performance

The company’s fifty day moving average is $11.75 and its two-hundred day moving average is $10.37. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.21 and a current ratio of 1.22. The company has a market cap of $256.92 million, a price-to-earnings ratio of 8.41 and a beta of 0.79.

Medallion Financial (NASDAQ:MFIN) last announced its quarterly earnings data on Wednesday, July 29th. The credit services provider reported $0.31 EPS for the quarter, beating the consensus estimate of $0.29 by $0.02. Medallion Financial had a net margin of 9.25% and a return on equity of 7.11%. The business had revenue of $84.38 million during the quarter, compared to analysts’ expectations of $58.98 million. On average, research analysts anticipate that Medallion Financial Corp. will post 1.15 EPS for the current year.

Medallion Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were paid a $0.14 dividend. The ex-dividend date was Monday, August 17th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.0%. Medallion Financial’s dividend payout ratio is presently 42.11%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new position in Medallion Financial during the second quarter valued at $12,450,000. Tieton Capital Management LLC acquired a new stake in Medallion Financial during the 2nd quarter worth about $10,297,000. Sei Investments Co. grew its position in Medallion Financial by 124.0% during the 1st quarter. Sei Investments Co. now owns 490,972 shares of the credit services provider’s stock worth $4,203,000 after purchasing an additional 271,789 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Medallion Financial during the 2nd quarter worth about $2,057,000. Finally, De Lisle Partners LLP purchased a new position in shares of Medallion Financial during the 2nd quarter valued at about $2,027,000. Hedge funds and other institutional investors own 40.56% of the company’s stock.

Medallion Financial Company Profile

Medallion Financial Corp. (NASDAQ:MFIN) is a specialty finance company that provides financing to consumers, small businesses and commercial vehicle operators. The company operates primarily through Medallion Bank and Medallion Funding, offering loans through direct and indirect lending channels.

Medallion Bank provides consumer financing for products and services such as home improvements, recreational vehicles, boats and other lifestyle purchases. Medallion Funding focuses on commercial lending, including loans secured by taxi medallions and financing for taxi and other transportation-related businesses.

Founded in 1995, Medallion Financial has historically served borrowers in the United States through relationships with dealers, contractors and other business partners.