About Medallion Financial Corp (NASDAQ:TAXI)
Medallion Financial Corp. is a closed-end, non-diversified management investment company. The Company is a specialty finance company, which is engaged in originating, acquiring and servicing loans that finance taxicab medallions and various types of commercial businesses. The Company operates in lending and investing operations segment. It originates and services medallion, secured commercial, and consumer loans, and invests in both marketable and nonmarketable securities. The Company's subsidiary, Medallion Bank, also originates consumer loans for the purchase of recreational vehicles, boats, motorcycles, trailers, and to finance small-scale home improvements. The Company also conducts business through its asset-based lending division, Medallion Business Credit, an originator of loans to small businesses for the purpose of financing inventory and receivables.
Industry, Sector and Symbol:
- 50 Day Moving Avg: $8.49
- 200 Day Moving Avg: $7.76
- 52 Week Range: $5.90 - $11.04
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 6.65
- P/E Growth: 0.00
- Net Margins: -82.95%
- Return on Equity: -6.75%
- Return on Assets: -2.88%
- Average Volume: 164,740 shs.
Frequently Asked Questions for Medallion Financial Corp (NASDAQ:TAXI)
What is Medallion Financial Corp's stock symbol?
Medallion Financial Corp trades on the NASDAQ under the ticker symbol "TAXI."
Who are some of Medallion Financial Corp's key competitors?
Some companies that are related to Medallion Financial Corp include HSBC Holdings plc (HSBA), Goldman Sachs Group (GS), Banco Bilbao Vizcaya Argentaria SA (BBVA), Prudential plc (PRU), Lloyds Banking Group PLC (LLOY), Royal Bank of Scotland Group plc (RBS), Barclays PLC (BARC), Standard Chartered PLC (STAN), Aviva plc (AV), Legal & General Group Plc (LGEN), Banco Santander-Chile (BSAC), London Stock Exchange Group Plc (LSE), Standard Life Aberdeen PLC (SLA), Everest Re Group Ltd (RE), Grupo Supervielle SA -ADR (SUPV), Old Mutual plc (OML), 3i Group plc (III) and Hargreaves Lansdown PLC (HL).
Who are Medallion Financial Corp's key executives?
Medallion Financial Corp's management team includes the folowing people:
- Alvin M. Murstein, Chairman of the Board, Chief Executive Officer
- Andrew M. Murstein, President, Chief Operating Officer, Chief Credit Officer, Director
- Larry D Hall JR, Chief Financial Officer, Senior Vice President, Chief Accounting Officer, Assistant Treasurer
- Donald S. Poulton, Chief Executive Officer and President of Medallion Bank
- Marie Russo, Senior Vice President, Secretary
- Jeffrey Yin Esq., Chief Compliance Officer, General Counsel
- David L. Rudnick, Director
- John W. Everets, Independent Director
- Henry D. Jackson, Independent Director
- Stanley C. Kreitman, Independent Director
How do I buy Medallion Financial Corp stock?
Shares of Medallion Financial Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Medallion Financial Corp's stock price today?
MarketBeat Community Rating for Medallion Financial Corp (NASDAQ TAXI)MarketBeat's community ratings are surveys of what our community members think about Medallion Financial Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Medallion Financial Corp stock can currently be purchased for approximately $7.71.
Consensus Ratings for Medallion Financial Corp (NASDAQ:TAXI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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|Consensus Price Target: ||N/A|Consensus Price Target History for Medallion Financial Corp (NASDAQ:TAXI)
Analysts' Ratings History for Medallion Financial Corp (NASDAQ:TAXI)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/10/2016||Sandler O'Neill||Downgrade||Buy -> Hold||N/A|
Earnings History for Medallion Financial Corp (NASDAQ:TAXI)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Medallion Financial Corp (NASDAQ:TAXI)
Current Year EPS Consensus Estimate: $1.12 EPS
Next Year EPS Consensus Estimate: $1.16 EPS
Dividend History for Medallion Financial Corp (NASDAQ:TAXI)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Medallion Financial Corp (NASDAQ:TAXI)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Medallion Financial Corp (NASDAQ:TAXI)
Latest Headlines for Medallion Financial Corp (NASDAQ:TAXI)
Medallion Financial Corp (TAXI) Chart for Saturday, October, 21, 2017