Manhattan Bridge Capital, Inc (NASDAQ:LOAN - Get Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $5.38 and traded as low as $5.27. Manhattan Bridge Capital shares last traded at $5.35, with a volume of 25,604 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen started coverage on Manhattan Bridge Capital in a research note on Sunday, May 18th. They issued a "strong-buy" rating for the company.
Get Our Latest Analysis on Manhattan Bridge Capital
Manhattan Bridge Capital Trading Up 0.3%
The firm has a market capitalization of $61.71 million, a P/E ratio of 11.48 and a beta of 0.35. The company has a 50-day moving average of $5.46 and a 200-day moving average of $5.38.
Manhattan Bridge Capital (NASDAQ:LOAN - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The credit services provider reported $0.12 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.12. The business had revenue of $2.36 million during the quarter. Manhattan Bridge Capital had a return on equity of 12.68% and a net margin of 59.04%.
Manhattan Bridge Capital Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, October 8th will be given a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend is Wednesday, October 8th. Manhattan Bridge Capital's dividend payout ratio (DPR) is currently 97.87%.
Institutional Trading of Manhattan Bridge Capital
A number of large investors have recently bought and sold shares of LOAN. Osaic Holdings Inc. grew its stake in shares of Manhattan Bridge Capital by 140.7% in the 2nd quarter. Osaic Holdings Inc. now owns 5,632 shares of the credit services provider's stock valued at $31,000 after buying an additional 3,292 shares during the period. Frazier Financial Advisors LLC acquired a new stake in shares of Manhattan Bridge Capital in the 2nd quarter valued at about $112,000. Kingsview Wealth Management LLC acquired a new stake in shares of Manhattan Bridge Capital in the 1st quarter valued at about $121,000. OLIO Financial Planning grew its stake in shares of Manhattan Bridge Capital by 17.5% in the 1st quarter. OLIO Financial Planning now owns 24,568 shares of the credit services provider's stock valued at $145,000 after buying an additional 3,665 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in shares of Manhattan Bridge Capital in the 2nd quarter valued at about $149,000. 21.84% of the stock is currently owned by institutional investors and hedge funds.
About Manhattan Bridge Capital
(
Get Free Report)
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.
Further Reading
Before you consider Manhattan Bridge Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Manhattan Bridge Capital wasn't on the list.
While Manhattan Bridge Capital currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for September 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
