Medallion Financial Increases Equity Incentive Plan Shares

Medallion Financial ( (MFIN) ) has provided an update.

On June 12, 2025, Medallion Financial Corp. held its annual meeting where stockholders approved an amendment to the 2018 Equity Incentive Plan, increasing the shares reserved for issuance by 2,000,000. This decision, previously approved by the Board of Directors, reflects the company’s commitment to enhancing its equity offerings and aligns with its strategic goals. Additionally, stockholders elected Class II Directors for terms expiring in 2028, ratified the appointment of Plante & Moran, PLLC as the independent accounting firm for 2025, and approved executive compensation for 2024. These outcomes indicate strong shareholder support for the company’s governance and financial strategies.

The most recent analyst rating on (MFIN) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Medallion Financial stock, see the MFIN Stock Forecast page.

Spark’s Take on MFIN Stock

According to Spark, TipRanks’ AI Analyst, MFIN is a Outperform.

Medallion Financial’s overall stock score reflects its strong financial performance and attractive valuation, supported by positive technical indicators. The company’s robust earnings call results are slightly offset by increased credit loss provisions and higher operating expenses. The SEC litigation settlement is a notable negative event but does not significantly impact the overall score due to its separate handling.

To see Spark’s full report on MFIN stock, click here.

More about Medallion Financial

Medallion Financial Corp. operates in the financial services industry, focusing on providing loans and financing solutions. The company primarily offers equity incentive plans and financial products aimed at supporting business growth and shareholder value.

Average Trading Volume: 41,554

Technical Sentiment Signal: Strong Buy

Current Market Cap: $220.5M

For an in-depth examination of MFIN stock, go to TipRanks’ Overview page.