Medallion Financial (MFIN) Expected to Announce Quarterly Earnings on Thursday

Medallion Financial (NASDAQ:MFIN) is anticipated to announce its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect Medallion Financial to post earnings of $0.32 per share and revenue of $63.54 million for the quarter. Investors may visit the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Friday, October 30, 2026 at 9:00 AM ET.

Medallion Financial (NASDAQ:MFIN) last posted its earnings results on Wednesday, July 29th. The credit services provider reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.02. The business had revenue of $84.38 million during the quarter, compared to the consensus estimate of $58.98 million. Medallion Financial had a net margin of 9.25% and a return on equity of 7.11%. On average, analysts expect Medallion Financial to post $1.15 EPS for the current fiscal year and $1.38 EPS for the next fiscal year.

Medallion Financial Price Performance

Shares of MFIN opened at $11.34 on Tuesday. The firm has a fifty day simple moving average of $11.74 and a two-hundred day simple moving average of $10.26. The firm has a market cap of $260.34 million, a PE ratio of 8.53 and a beta of 0.79. The company has a current ratio of 1.22, a quick ratio of 1.21 and a debt-to-equity ratio of 0.57. Medallion Financial has a 1-year low of $7.85 and a 1-year high of $12.26.

Wall Street Analyst Weigh In

A number of research firms recently commented on MFIN. Piper Sandler reiterated a “neutral” rating and set a $12.00 price objective (up from $10.50) on shares of Medallion Financial in a research report on Friday, October 2nd. Northland Securities set a $13.25 target price on Medallion Financial in a research report on Wednesday, October 14th. Weiss Ratings upgraded Medallion Financial from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, October 14th. Raymond James Financial initiated coverage on Medallion Financial in a research note on Thursday, July 9th. They set a “market perform” rating for the company. Finally, UBS Group reaffirmed a “neutral” rating on shares of Medallion Financial in a research report on Friday, October 2nd. Four investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $12.62.

About Medallion Financial

Medallion Financial Corp. is a specialty finance company that originates and services loans for taxi medallion owners and operators. Its lending activities have historically focused on financing the purchase and refinancing of taxi medallions, as well as providing loans secured by related commercial assets.

Through its subsidiaries, including Medallion Bank, the company also participates in consumer and commercial lending. Medallion Bank has offered financing for recreational vehicles, boats, home-improvement projects and other consumer purchases, while the company’s broader lending operations serve small businesses and transportation-related borrowers.

Founded in 1995 and headquartered in New York, Medallion Financial has built its business around specialized lending markets that are often served by fewer traditional financial institutions.