Medallion Financial (MFIN) Scheduled to Post Earnings on Tuesday

Medallion Financial (NASDAQ:MFIN) is set 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 that are interested in participating in the company’s earnings conference call can do so using this link.

Medallion Financial (NASDAQ:MFIN) last posted its quarterly earnings data on Tuesday, July 30th. The credit services provider reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.03). Medallion Financial had a net margin of 14.97% and a return on equity of 10.35%. The business had revenue of $71.80 million for the quarter, compared to the consensus estimate of $50.39 million. During the same quarter last year, the business posted $0.62 EPS. 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

NASDAQ:MFIN opened at $9.07 on Monday. Medallion Financial has a twelve month low of $6.34 and a twelve month high of $10.14. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.55. The company has a 50-day moving average of $8.12 and a 200-day moving average of $8.02. The firm has a market cap of $210.15 million, a price-to-earnings ratio of 5.04 and a beta of 2.14.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Medallion Financial from a “buy” rating to a “hold” rating in a research report on Friday, August 9th.

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.