Mortgage Advice Bureau (Holdings) plc (LON:MAB1 - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 779.90 ($10.56) and traded as high as GBX 836 ($11.32). Mortgage Advice Bureau shares last traded at GBX 824 ($11.15), with a volume of 313,813 shares changing hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reissued a "buy" rating and set a GBX 1,150 ($15.57) target price on shares of Mortgage Advice Bureau in a research note on Wednesday.
View Our Latest Stock Report on MAB1
Mortgage Advice Bureau Stock Performance
The firm's 50-day simple moving average is GBX 783.02 and its 200 day simple moving average is GBX 725.19. The company has a market capitalization of £484.52 million, a PE ratio of 44.58, a price-to-earnings-growth ratio of 0.81 and a beta of 1.14.
Mortgage Advice Bureau (LON:MAB1 - Get Free Report) last issued its earnings results on Tuesday, March 18th. The company reported GBX 27.60 ($0.37) earnings per share (EPS) for the quarter. Mortgage Advice Bureau had a net margin of 4.41% and a return on equity of 15.33%. As a group, equities analysts anticipate that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current year.
Mortgage Advice Bureau Increases Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Investors of record on Thursday, April 24th will be issued a dividend of GBX 14.80 ($0.20) per share. The ex-dividend date is Thursday, April 24th. This is a boost from Mortgage Advice Bureau's previous dividend of $13.40. This represents a yield of 2%. Mortgage Advice Bureau's payout ratio is currently 149.30%.
Insider Activity at Mortgage Advice Bureau
In other news, insider Nathan James McLean Imlach bought 271 shares of the stock in a transaction on Wednesday, April 30th. The stock was purchased at an average cost of GBX 804 ($10.88) per share, with a total value of £2,178.84 ($2,949.56). In the last three months, insiders have acquired 622 shares of company stock valued at $480,465. Insiders own 20.02% of the company's stock.
About Mortgage Advice Bureau
(
Get Free Report)
Mortgage Advice Bureau (Holdings) plc, together with its subsidiaries, provides mortgage advice services in the United Kingdom. The company offers proprietary technology and services, which includes adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.
Featured Stories
Before you consider Mortgage Advice Bureau, 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 Mortgage Advice Bureau wasn't on the list.
While Mortgage Advice Bureau currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
