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Last $7.29 USD
Change Today -0.01 / -0.14%
Volume 120.0K
TAXI On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

medallion financial corp (TAXI) Snapshot

Open
$7.26
Previous Close
$7.30
Day High
$7.43
Day Low
$7.22
52 Week High
09/15/14 - $12.77
52 Week Low
08/24/15 - $7.06
Market Cap
179.3M
Average Volume 10 Days
218.6K
EPS TTM
$0.69
Shares Outstanding
24.6M
EX-Date
08/13/15
P/E TM
10.5x
Dividend
$1.00
Dividend Yield
13.44%
Current Stock Chart for MEDALLION FINANCIAL CORP (TAXI)

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medallion financial corp (TAXI) Details

Medallion Financial Corp., through its subsidiaries, operates as a specialty finance company in the United States. The company engages in originating, acquiring, and servicing loans that finance taxicab medallions and various types of commercial businesses. It offers commercial loans to finance the purchase of the equipment and related assets necessary to open a new business, or the purchase or improvement of an existing business; secured mezzanine loans to businesses in various industries, including manufacturing and various service providers; and asset-based loans to small businesses. The company also provides other commercial loans that are focused on retail trade businesses; consumer loans, which are collateralized by recreational vehicles, boats, motorcycles, trailers, and home improvements; and debt, mezzanine, and equity investment capital to companies in various industries. In addition, it offers loans to finance small scale home improvements; raises deposits; and conducts other banking activities. The company was founded in 1995 and is headquartered in New York, New York.

159 Employees
Last Reported Date: 03/11/15
Founded in 1995

medallion financial corp (TAXI) Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Total Annual Compensation: $1.4M
President, Director and Member of Executive C...
Total Annual Compensation: $2.9M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $441.3K
Executive Vice President and President of Med...
Total Annual Compensation: $485.4K
Compensation as of Fiscal Year 2014.

medallion financial corp (TAXI) Key Developments

Medallion Financial Corp. Declares Distribution for the Second Quarter Ended June 30, 2015 Payable on August 24, 2015

Medallion Financial Corp. announced a distribution of $0.25 per share for the second quarter ended June 30, 2015, up from $0.24 per share in the second quarter of 2014. This brings the total distributions declared over the last four quarters to $0.98, up 4% from $0.94 in the prior four quarters. The current distribution will be paid on August 24, 2015 to shareholders of record on August 17, 2015.

Medallion Financial Corp. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Medallion Financial Corp. reported consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total investment income of $10,838,000 against $9,875,000 a year ago. Net interest income was $8,495,000 against $7,790,000 a year ago. Net investment income before income taxes was $4,330,000 against $3,803,000 a year ago. Net increase in net assets resulting from operations was $8,086,000 against $7,105,000 a year ago. Basic and diluted net investment income after income taxes per common share was $0.18 against $0.15 a year ago. Net increase in net assets resulting from operations per common share basic and diluted was $0.33 against $0.29 a year ago. For the six months, the company reported total investment income of $22,669,000 against $18,910,000 a year ago. Net interest income was $18,114,000 against $14,850,000 a year ago. Net investment income before income taxes was $9,234,000 against $7,252,000 a year ago. Net increase in net assets resulting from operations was $15,154,000 against $13,870,000 a year ago. Basic and diluted net investment income after income taxes per common share was $0.38 against $0.29 a year ago. Net increase in net assets resulting from operations per common share basic and diluted was $0.62 against $0.56 a year ago.

Medallion Financial Announces Quarterly Dividend, Payable on May 21, 2015

Medallion Financial announced an increase in its quarterly dividend to $0.25 per share, up a penny from the prior quarter. The dividend is payable on May 21, 2015 to shareholders of record as of May 14.

 

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Industry Analysis

TAXI

Industry Average

Valuation TAXI Industry Range
Price/Earnings 6.0x
Price/Sales 4.0x
Price/Book 0.6x
Price/Cash Flow 6.0x
TEV/Sales NM Not Meaningful
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