Medallion Financial (MFIN) Set to Announce Earnings on Tuesday

Medallion Financial (NASDAQ:MFIN) will be posting its quarterly earnings results after the market closes on Tuesday, April 30th. Analysts expect Medallion Financial to post earnings of $0.35 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Medallion Financial (NASDAQ:MFIN) last announced its quarterly earnings results on Tuesday, February 20th. The credit services provider reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.01). The business had revenue of $52.01 million for the quarter, compared to the consensus estimate of $54.89 million. Medallion Financial had a net margin of 20.99% and a return on equity of 14.02%. On average, analysts expect Medallion Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Medallion Financial Stock Performance

Shares of MFIN stock opened at $7.91 on Friday. The firm has a market capitalization of $185.73 million, a PE ratio of 3.34 and a beta of 2.06. The firm has a fifty day simple moving average of $7.96 and a two-hundred day simple moving average of $8.65. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.57. Medallion Financial has a 12 month low of $5.64 and a 12 month high of $10.49.

Medallion Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.40 dividend on an annualized basis and a yield of 5.06%. Medallion Financial’s dividend payout ratio (DPR) is presently 16.88%.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Medallion Financial from a “buy” rating to a “hold” rating in a research note on Friday, April 12th.

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.