Manhattan Bridge Capital (LOAN) Stock Price, News & Analysis

Company Overview

Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. The company offers short-term, secured, and non-banking loans to real estate investors to fund acquisition, renovation, rehabilitation, or development of residential or commercial properties. Its loans are secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was founded in 1989 and is headquartered in Great Neck, New York.

Key Stats

• Today's Range: $5.42 to $5.60
• 50-Day Range: $5.27 to $5.68
• 52-Week Range: $4.60 to $5.90
• Volume: 23,891 shs
• Average Volume: 20,520 shs
• Market Capitalization: $63.26 million
• P/E Ratio: 11.29
• Dividend Yield: 8.32%
• Price Target: N/A
• Consensus Rating: N/A

Manhattan Bridge Capital Stock Analysis - MarketRank™

Manhattan Bridge Capital scored higher than 26% of companies evaluated by MarketBeat, and ranked 826th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Manhattan Bridge Capital.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Manhattan Bridge Capital is 11.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of Manhattan Bridge Capital is 11.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.69.

Price to Book Value per Share Ratio

Manhattan Bridge Capital has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.18% of the float of Manhattan Bridge Capital has been sold short.

Short Interest Ratio / Days to Cover

Manhattan Bridge Capital has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Manhattan Bridge Capital has recently increased by 2.67%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Manhattan Bridge Capital is a leading dividend payer. It pays a dividend yield of 8.39%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Manhattan Bridge Capital does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Manhattan Bridge Capital is 93.88%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.18% of the float of Manhattan Bridge Capital has been sold short.

Short Interest Ratio / Days to Cover

Manhattan Bridge Capital has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Manhattan Bridge Capital has recently increased by 2.67%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: N/A

News Sentiment

Manhattan Bridge Capital has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.75 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Manhattan Bridge Capital this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Manhattan Bridge Capital insiders have not sold or bought any company stock.

Percentage Held by Insiders

24.50% of the stock of Manhattan Bridge Capital is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 21.84% of the stock of Manhattan Bridge Capital is held by institutions.

LOAN Stock Analysis - Frequently Asked Questions

How have LOAN shares performed this year?

Manhattan Bridge Capital's stock was trading at $4.97 at the start of the year. Since then, LOAN stock has increased by 11.3% and is now trading at $5.53.
View the best growth stocks for 2024 here.

How were Manhattan Bridge Capital's earnings last quarter?

Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced its earnings results on Wednesday, October, 23rd. The credit services provider reported $0.12 EPS for the quarter, hitting analysts' consensus estimates of $0.12. The credit services provider had revenue of $2.31 million for the quarter. Manhattan Bridge Capital had a trailing twelve-month return on equity of 13.06% and a net margin of 56.93%.

Who are Manhattan Bridge Capital's major shareholders?

Manhattan Bridge Capital's top institutional investors include Soltis Investment Advisors LLC (23.16%), Bard Associates Inc. (3.19%), Hardy Reed LLC (3.01%) and International Assets Investment Management LLC (1.28%). Insiders that own company stock include Assaf Ran and Michael Jackson.
View institutional ownership trends.

How do I buy shares of Manhattan Bridge Capital?

Shares of LOAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Manhattan Bridge Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Manhattan Bridge Capital investors own include Verizon Communications (VZ), Enterprise Products Partners (EPD), Energy Transfer (ET), AT&T (T), Kinder Morgan (KMI), Omega Healthcare Investors (OHI) and OneMain (OMF).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 10/08/2024
• Dividend Payable: 10/15/2024
• Last Earnings: 10/23/2024
• Today: 12/22/2024
• Ex-Dividend for 1/15 Dividend: 12/31/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/15/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NASDAQ:LOAN
• CUSIP: N/A
• CIK: 1080340
• Web: www.manhattanbridgecapital.com
• Phone: (516) 444-3400
• Fax: 516-444-3404
• Employees: 6
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.49
• Trailing P/E Ratio: 11.29
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $5.48 million
• Net Margins: 56.93%
• Pretax Margin: 56.94%
• Return on Equity: 13.06%
• Return on Assets: 7.75%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.58
• Quick Ratio: 2.58

Sales & Book Value

• Annual Sales: $7.41 million
• Price / Sales: 8.54
• Cash Flow: $0.48 per share
• Price / Cash Flow: 11.48
• Book Value: $3.75 per share
• Price / Book: 1.47

Miscellaneous

• Outstanding Shares: 11,439,000
• Free Float: 8,636,000
• Market Cap: $63.26 million
• Optionable: Optionable
• Beta: 0.57