<div id="readability-page-1"><p>Medallion Financial Corp. (NASDAQ:MFIN - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.04 and traded as high as $10.59. Medallion Financial shares last traded at $10.53, with a volume of 23,959 shares.</p><div><p><span></span><span>Get <strong>Medallion Financial</strong> alerts:</span></p></div><h2>Analysts Set New Price Targets</h2><p>Several brokerages have recently issued reports on MFIN. Zacks Research cut Medallion Financial from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Tuesday, December 2nd. Wall Street Zen downgraded shares of Medallion Financial from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Saturday, November 8th. Finally, Weiss Ratings  reiterated a &#34;hold (c)&#34; rating on shares of Medallion Financial in a report on Wednesday, October 8th. One research analyst  has rated the stock with a Buy rating and two have assigned  a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of &#34;Hold&#34; and a consensus target price of $12.00.</p><p><b>Get Our Latest Research Report on Medallion Financial</b></p><h2>Medallion Financial Price Performance</h2><p>The company has a market capitalization of $245.14 million, a PE ratio of 6.16 and a beta of 0.67. The company's 50-day simple moving average is $10.07 and its 200-day simple moving average is $10.04. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.21. </p><p>Medallion Financial (NASDAQ:MFIN - Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The credit services provider reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.29 by $0.17. Medallion Financial had a return on equity of 9.28% and a net margin of 12.12%.The company had revenue of $55.69 million during the quarter, compared to analysts' expectations of $53.76 million.  As a group, sell-side analysts anticipate that  Medallion Financial Corp. will post 1.46 earnings per share for the current year. </p><h2>Medallion Financial Dividend Announcement</h2><p>The company also recently declared a quarterly dividend, which was paid on Monday, November 24th. Investors of record on Wednesday, November 12th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Wednesday, November 12th. Medallion Financial's dividend payout ratio  is currently 28.07%. </p><h2>Institutional Investors Weigh In On Medallion Financial</h2><p>A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bridgeway Capital Management LLC boosted its holdings in  Medallion Financial by 10.8% during the third quarter. Bridgeway Capital Management LLC now owns 156,909 shares of the credit services provider's stock worth $1,585,000 after buying an additional 15,272 shares in the last quarter.  De Lisle Partners LLP increased its position in  Medallion Financial by 19.5% during the second quarter. De Lisle Partners LLP now owns 123,757 shares of the credit services provider's stock worth $1,181,000 after buying an additional 20,212 shares in the last quarter.  Arrowstreet Capital Limited Partnership raised its stake in  Medallion Financial by 14.0% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 118,321 shares of the credit services provider's stock valued at $1,128,000 after purchasing an additional 14,557 shares during the last quarter.  Two Sigma Investments LP lifted its stake in shares of  Medallion Financial by 43.1% during the third quarter. Two Sigma Investments LP now owns 86,634 shares of the credit services provider's stock valued at $875,000 after buying an additional 26,091 shares during the period.  Finally, Ritholtz Wealth Management boosted its holdings in shares of  Medallion Financial by 10.5% during the third quarter. Ritholtz Wealth Management now owns 83,844 shares of the credit services provider's stock worth $847,000 after purchasing an additional 7,978 shares during the last quarter. Institutional investors and hedge funds own  40.56% of the company's stock. </p><h2>About Medallion Financial</h2> (Get Free Report)<p>Medallion Financial Corporation is a specialty finance company that provides asset-based lending solutions to small and mid-sized businesses in the United States. The company's core business activities include secured loans collateralized by business assets such as insurance premiums, commercial real estate, maritime assets and portfolio receivables. Through its insurance premium finance division, Medallion offers short-term loans that allow policyholders to spread insurance costs over multiple payments, while its portfolio financing arm provides funding against a borrower's existing asset portfolios.  </p><p>Founded in 1998 and headquartered in Minneapolis, Minnesota, Medallion Financial originally established itself in the taxi medallion lending market, extending loans secured by New York City cab medallions.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Medallion Financial</li><li>Your “birthright claim” just got activated</li><li>Wall Street Stockpicker Names #1 Stock of 2026</li><li>The McDonald's Secret</li><li>Terrifying reason Trump killed the U.S. penny?</li><li>Turn your &#34;dead money&#34; into $306+ monthly (starting this month)</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Medallion Financial Right Now?</h2><p>Before you consider Medallion Financial, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Medallion Financial wasn't on the list.</p><p>While Medallion Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MFIN

<p>Medallion Financial (NASDAQ:MFIN) shares have crossed above their 200-day moving average of $10.04, trading at $10.53. Analysts have downgraded the stock from 'strong-buy' to 'hold', with a consensus target price of $12.00. The company reported earnings of $0.46 per share, exceeding estimates, and declared a quarterly dividend of $0.12 per share. Institutional investors hold 40.56% of the stock, with recent increases in holdings from several hedge funds. Medallion Financial specializes in asset-based lending solutions for small and mid-sized businesses.</p>

Medallion Financial (NASDAQ:MFIN) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?