Medallion Financial Corp. (MFIN)

In the past six months, Medallion Financial Corp.'s stock has been influenced by its earnings reports and dividend announcements. For the first quarter of 2025, Medallion (MFIN) reported an EPS of $0.50, surpassing analyst estimates of $0.38. In the second quarter of 2025, the company reported an EPS of $0.46, exceeding analysts' expectations of $0.30 by 53.33%, and quarterly revenue of $53.37 million, which was above expectations. Following the Q2 2025 earnings report on July 31, 2025, the stock price increased by 0.69%, with further gains in pre-market trading. The company also announced a dividend increase to $0.11 in November 2024 and a dividend of $0.08 in July 2025. Medallion Financial went ex-dividend on August 15, 2025, with a dividend pay date of August 29, 2025. An 11% surge in the stock price was noted around October 17, 2024, benefiting both retail investors and institutions.

The demand for Medallion Financial Corp.'s products and services, particularly in its Recreation Lending and Home Improvement Lending segments, exhibits seasonality. As a company involved in home improvement financing, MFIN is sensitive to housing-market cycles, consumer spending, interest rates, weather patterns, and DIY trends. Demand for recreational vehicles and boats, financed through Recreation Lending, can also be seasonal, often peaking during warmer months.

Medallion Financial Corp. is a specialty finance company in the United States, operating in the Finance sector, specifically within the Finance: Consumer Services industry. It originates and services loans across various consumer and commercial industries through segments like Recreation Lending, Home Improvement Lending, Commercial Loans, and Taxi Medallion Lending. The company also provides investment capital and conducts banking activities through Medallion Bank.

Medallion Financial Corp. primarily operates within the United States and is headquartered in New York City. Medallion Bank, its subsidiary, serves customers and works with dealers, contractors, and financial service providers throughout the United States.

Medallion Financial Corp.'s brand reputation has been impacted by scrutiny related to past legal issues and concerns raised by an activist investor. The company and its President were charged by the SEC for fraudulent schemes, resulting in a $3 million fine and significant legal expenses. ZimCal Asset Management LLC has publicly criticized Medallion Financial's performance, governance, and management's actions, urging the company to address issues such as declining earnings and the costs associated with the SEC settlement.

Medallion Financial Corp. has a diverse ownership structure, with approximately 31.82% held by institutional shareholders, 18.21% by Medallion Financial insiders, and 49.98% by retail investors. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Tieton Capital Management, LLC, Geode Capital Management LLC, State Street Corp, Stifel Financial Corp, and Connor, Clark & Lunn Investment Management Ltd. Key individual owners, who are also insiders, include Andrew Murstein, President and COO, who is the largest individual shareholder, owning 9.76% of the company's shares, David L. Rudnick, and Alvin Murstein, Chairman & CEO, who is also a significant shareholder.