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

Medallion Financial (NASDAQ:MFIN) is anticipated to release its earnings data before the market opens on Tuesday, February 18th. Analysts expect Medallion Financial to post earnings of $0.33 per share and revenue of $53.66 million for the quarter.

Medallion Financial Stock Performance

Shares of MFIN stock opened at $8.71 on Tuesday. Medallion Financial has a one year low of $6.48 and a one year high of $10.50. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.18 and a current ratio of 1.18. The firm’s 50 day moving average price is $9.41 and its 200-day moving average price is $8.81. The firm has a market cap of $200.94 million, a P/E ratio of 5.15 and a beta of 2.07.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Medallion Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th.

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.