Zacks Research Downgrades Medallion Financial (NASDAQ:MFIN) to Strong Sell

Posted by Francis Steltz on Oct 7th, 2026

Medallion Financial (NASDAQ:MFIN – Get Free Report) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “strong sell” rating in a report released on Monday, Zacks reports.

MFIN has been the topic of a number of other research reports. Raymond James Financial began coverage on Medallion Financial in a report on Thursday, July 9th. They issued a “market perform” rating on the stock. UBS Group reaffirmed a “neutral” rating on shares of Medallion Financial in a research note on Friday. Piper Sandler restated a “neutral” rating and issued a $12.00 target price (up from $10.50) on shares of Medallion Financial in a research note on Friday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Medallion Financial in a report on Tuesday, September 29th. Four equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $12.00.

Check Out Our Latest Research Report on Medallion Financial

Medallion Financial Price Performance

Shares of NASDAQ:MFIN opened at $11.81 on Monday. The firm has a 50 day simple moving average of $11.58 and a 200 day simple moving average of $10.21. Medallion Financial has a 52 week low of $7.85 and a 52 week high of $12.26. 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 $271.16 million, a PE ratio of 8.88 and a beta of 0.79.

Medallion Financial (NASDAQ:MFIN – Get Free Report) last announced its earnings results on Wednesday, July 29th. The credit services provider reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.02. The company had revenue of $84.38 million for 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%. As a group, research analysts expect that Medallion Financial will post 1.15 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Stephens Inc. AR acquired a new stake in shares of Medallion Financial in the first quarter worth $96,000. Vise Technologies Inc. acquired a new stake in Medallion Financial during the second quarter worth about $110,000. Allworth Financial LP acquired a new position in Medallion Financial in the 2nd quarter valued at approximately $164,000. PDT Partners LLC acquired a new stake in shares of Medallion Financial during the 2nd quarter worth approximately $185,000. Finally, Bank of America Corp DE bought a new stake in shares of Medallion Financial during the second quarter valued at approximately $190,000. 40.56% of the stock is owned by institutional investors.

About Medallion Financial

(Get Free Report)

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.