About Manhattan Bridge Capital (NASDAQ:LOAN)
Manhattan Bridge Capital, Inc. (MBC) is a real estate finance company that specializes in originating, servicing and managing a portfolio of first mortgage loans. The Company offers short-term, secured, non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation or improvement of properties located in the New York metropolitan area. Its primary business objective is to grow its loan portfolio while protecting and preserving capital in a manner that provides for risk-adjusted returns to its shareholders over the long term through dividends. It intends to achieve this objective by continuing to selectively originate, fund loans secured by first mortgages on residential real estate held for investment located in the New York metropolitan area, and to manage and service its portfolio in a manner designed to generate risk-adjusted returns across a range of market conditions and economic cycles. Its loan portfolio includes various construction loans.
Industry, Sector and Symbol:
- Market Cap: $46.99 million
- Outstanding Shares: 8,102,000
- 50 Day Moving Avg: $5.85
- 200 Day Moving Avg: $5.56
- 52 Week Range: $4.65 - $7.65
Sales & Book Value:
- Trailing P/E Ratio: 15.49
- P/E Growth: 0.00
- Annual Revenue: $4.21 million
- Price / Sales: 11.35
- Book Value: $2.84 per share
- Price / Book: 2.08
- Annual Dividend: $0.41
- Dividend Yield: 7.1%
- Net Margins: 59.95%
- Return on Equity: 13.39%
- Return on Assets: 8.37%
- Debt-to-Equity Ratio: 0.23%
- Current Ratio: 3.07%
- Quick Ratio: 3.07%
- Average Volume: 18,129 shs.
- Beta: 0.8
- Short Ratio: 0.56
Frequently Asked Questions for Manhattan Bridge Capital (NASDAQ:LOAN)
What is Manhattan Bridge Capital's stock symbol?
Manhattan Bridge Capital trades on the NASDAQ under the ticker symbol "LOAN."
How often does Manhattan Bridge Capital pay dividends? What is the dividend yield for Manhattan Bridge Capital?
Manhattan Bridge Capital declared a quarterly dividend on Thursday, August 3rd. Stockholders of record on Tuesday, October 10th will be paid a dividend of $0.1025 per share on Monday, October 16th. This represents a $0.41 annualized dividend and a dividend yield of 6.95%. The ex-dividend date of this dividend is Friday, October 6th. View Manhattan Bridge Capital's Dividend History.
How will Manhattan Bridge Capital's stock buyback program work?
Manhattan Bridge Capital declared that its board has initiated a stock buyback plan on Tuesday, April 11th 2017, which allows the company to buyback 100,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.
How were Manhattan Bridge Capital's earnings last quarter?
Manhattan Bridge Capital, Inc (NASDAQ:LOAN) announced its quarterly earnings results on Thursday, October, 19th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. The firm had revenue of $1.59 million for the quarter. Manhattan Bridge Capital had a return on equity of 13.39% and a net margin of 59.95%. View Manhattan Bridge Capital's Earnings History.
Where is Manhattan Bridge Capital's stock going? Where will Manhattan Bridge Capital's stock price be in 2017?
1 analysts have issued 12-month price targets for Manhattan Bridge Capital's shares. Their forecasts range from $7.25 to $7.25. On average, they expect Manhattan Bridge Capital's stock price to reach $7.25 in the next twelve months. View Analyst Ratings for Manhattan Bridge Capital.
Who are some of Manhattan Bridge Capital's key competitors?
Some companies that are related to Manhattan Bridge Capital include Eagle Bancorp Montana (EBMT), Harvest Capital Credit Corporation (HCAP), Sotherly Hotels (SOHO), Wheeler Real Estate Investment Trust (WHLR), Atlantic American Corporation (AAME), Patriot National Bancorp (PNBK), Anchor Bancorp (ANCB), GWG Holdings (GWGH), Porter Bancorp (PBIB), Manning & Napier (MN), Unico American Corporation (UNAM), Conifer Holdings (CNFR), Real Industry (RELY), Patriot National (PN), Medley Management (MDLY), Walter Investment Management Corp. (WAC), Cerulean Pharma (DARE) and Marathon Patent Group (MARA).
Who are Manhattan Bridge Capital's key executives?
Manhattan Bridge Capital's management team includes the folowing people:
- Assaf N. Ran, Chairman of the Board, President, Chief Executive Officer, Founder
- Vanessa Kao, Chief Financial Officer, Vice President, Treasurer, Secretary
- Mark Alhadeff, Director
- Lyron L. Bentovim, Independent Director
- Eran Goldshmit, Independent Director
- Michael J. Jackson, Independent Director
How do I buy Manhattan Bridge Capital stock?
Shares of Manhattan Bridge Capital 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 Manhattan Bridge Capital's stock price today?
MarketBeat Community Rating for Manhattan Bridge Capital (NASDAQ LOAN)MarketBeat's community ratings are surveys of what our community members think about Manhattan Bridge Capital 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 Manhattan Bridge Capital stock can currently be purchased for approximately $5.90.
Consensus Ratings for Manhattan Bridge Capital (NASDAQ:LOAN) (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.
|Ratings Breakdown: ||1 Buy Rating|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$7.25 (22.88% upside)|Consensus Price Target History for Manhattan Bridge Capital (NASDAQ:LOAN)
Analysts' Ratings History for Manhattan Bridge Capital (NASDAQ:LOAN)
(Data available from 10/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/1/2017||Compass Point||Initiated Coverage||Buy||$7.25||High|
Earnings History for Manhattan Bridge Capital (NASDAQ:LOAN)Earnings History by Quarter for Manhattan Bridge Capital (NASDAQ LOAN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/19/2017||Q3 2017||$0.11||$0.12||$1.59 million||View||N/A|
|10/26/2016||Q3||$0.11||$0.10||$1.03 million||$1.17 million||View||N/A|
Earnings Estimates for Manhattan Bridge Capital (NASDAQ:LOAN)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Manhattan Bridge Capital (NASDAQ:LOAN)
|Most Recent Dividend:||10/16/2017|
|Payout Ratio:||107.90% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for Manhattan Bridge Capital (NASDAQ LOAN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Manhattan Bridge Capital (NASDAQ:LOAN)
Insider Ownership Percentage: 32.29%Insider Trades by Quarter for Manhattan Bridge Capital (NASDAQ:LOAN)
Institutional Ownership Percentage: 11.40%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/8/2017||Assaf Ran||Insider||Buy||5,000||$5.00||$25,000.00|| |
|11/2/2016||Assaf Ran||CEO||Buy||5,000||$5.88||$29,400.00|| |
|12/31/2015||Michael Jackson||Director||Sell||14,000||$4.25||$59,500.00|| |
|8/19/2014||Assaf Ran||CEO||Buy||10,000||$2.64||$26,400.00|| |
|4/3/2013||Phillip Michals||Director||Buy||10,000||$1.26||$12,600.00|| |
|4/2/2013||Lyron L Bentovim||Director||Buy||3,670||$1.29||$4,734.30|| |
|4/1/2013||Lyron L Bentovim||Director||Buy||1,330||$1.29||$1,715.70|| |
|3/25/2013||Lyron L Bentovim||Director||Buy||9,000||$1.33||$11,970.00|| |
|11/2/2012||Assaf Ran||CEO||Buy||5,000||$1.07||$5,350.00|| |
|8/28/2012||Assaf Ran||CEO||Buy||1,405||$0.94||$1,320.70|| |
|8/17/2012||Assaf Ran||CEO||Buy||5,000||$0.95||$4,750.00|| |
|8/8/2012||Assaf Ran||CEO||Buy||5,000||$0.95||$4,750.00|| |
|8/8/2012||Lyron L Bentovim||Director||Buy||4,000||$0.95||$3,800.00|| |
Headline Trends for Manhattan Bridge Capital (NASDAQ:LOAN)
Latest Headlines for Manhattan Bridge Capital (NASDAQ:LOAN)
|Manhattan Bridge Capital, Inc (LOAN) Issues Quarterly Earnings Results|
www.americanbankingnews.com - October 20 at 9:27 AM
|Manhattan Bridge Capital, Inc. Reports Third Quarter Results|
finance.yahoo.com - October 20 at 5:17 AM
|Manhattan Bridge Capital, Inc. : LOAN-US: Dividend Analysis : October 10th, 2017 (record date) : By the numbers : October 19, 2017|
finance.yahoo.com - October 20 at 5:17 AM
|Manhattan Bridge Capital Inc (LOAN): Is Now The Time To Buy Some Real Estate?|
finance.yahoo.com - October 20 at 5:17 AM
|Manhattan Bridge Capital, Inc (LOAN) Scheduled to Post Quarterly Earnings on Tuesday|
www.americanbankingnews.com - October 17 at 5:58 AM
|Can Manhattan Bridge Capital Inc’s (LOAN) ROE Continue To Surpass The Industry Average?|
finance.yahoo.com - October 2 at 5:05 PM
|Manhattan Bridge Capital, Inc. Announces Payment of Quarterly $0.1025 per Share Dividend|
finance.yahoo.com - October 2 at 12:19 PM
|Contrasting American Capital Agency Corp. (AGNC) and Manhattan Bridge Capital (LOAN)|
www.americanbankingnews.com - September 18 at 8:34 PM
|Comparing Manhattan Bridge Capital (LOAN) & Redwood Trust (RWT)|
www.americanbankingnews.com - September 18 at 9:00 AM
|Financial Survey: Great Ajax Corp. (AJX) and Manhattan Bridge Capital (LOAN)|
www.americanbankingnews.com - September 10 at 12:29 PM
|Manhattan Bridge Capital (LOAN) versus Five Oaks Investment Corp. (OAKS) Head to Head Review|
www.americanbankingnews.com - September 3 at 10:08 AM
|Manhattan Bridge Capital, Inc. to Present at the 6th Annual Liolios Gateway Conference on September 7, 2017|
finance.yahoo.com - August 28 at 8:13 PM
|Manhattan Bridge Capital, Inc. : LOAN-US: Dividend Analysis : July 10th, 2017 (record date) : By the numbers : August 21, 2017|
finance.yahoo.com - August 22 at 8:36 PM
|Comparing Manhattan Bridge Capital (LOAN) and Five Oaks Investment Corp. (OAKS)|
www.americanbankingnews.com - August 16 at 8:34 PM
|Hatteras Financial Corp. (HTS) & Manhattan Bridge Capital (LOAN) Head-To-Head Comparison|
www.americanbankingnews.com - August 12 at 4:10 AM
|Ladder Capital Corp (LADR) & Manhattan Bridge Capital (NASDAQ:LOAN) Critical Contrast|
www.americanbankingnews.com - August 8 at 12:33 PM
|Manhattan Bridge Capital, Inc Announces Quarterly Dividend of $0.10 (LOAN)|
www.americanbankingnews.com - August 3 at 6:20 PM
|Comparing Apollo Residential Mortgage (AMTG) & Manhattan Bridge Capital (NASDAQ:LOAN)|
www.americanbankingnews.com - July 29 at 8:05 PM
|Manhattan Bridge Capital, Inc. Announces Payment of an Increased Quarterly $0.1025 per Share Dividend|
feeds.benzinga.com - June 29 at 7:36 AM
|Manhattan Bridge Capital - A Risky Play For The REIT Sector|
seekingalpha.com - March 29 at 10:08 AM
|MANHATTAN BRIDGE CAPITAL, INC Files SEC form 8-K, Other Events|
biz.yahoo.com - March 16 at 7:06 PM
|Manhattan Bridge Capital, Inc. Reports Results for 2016|
us.rd.yahoo.com - March 15 at 6:33 PM
|2:36 pm Manhattan Bridge Capital announces a buyback authorization of up to 100k common shares|
us.rd.yahoo.com - March 14 at 5:29 PM
|Manhattan Bridge Capital, A Real Estate Lender Paying 7% Dividend With 55% Upside In 2 Years|
seekingalpha.com - November 8 at 5:33 PM
|Manhattan Bridge Capital, Inc. Announces Closing of Public Offering of Common Shares|
www.nasdaq.com - August 16 at 9:17 AM
|BRIEF-Manhattan Bridge Capital Announces proposed public offering of common stock|
www.reuters.com - August 9 at 6:12 PM
|Manhattan Bridge Capital: What's The Deal?|
seekingalpha.com - July 19 at 12:05 PM
|3 Stocks With Upcoming Ex-Dividend Dates: LOAN, GNL, LYG|
www.thestreet.com - April 5 at 2:38 PM
|MANHATTAN BRIDGE CAPITAL, INC Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 8 at 4:29 PM
|Don't Miss Out: Top 3 Yielding Buy-Rated Stocks: LOAN, CLCT, DL|
www.thestreet.com - February 26 at 8:04 AM
|3 Buy-Rated Dividend Stocks Leading The Pack: LOAN, DKL, DL|
www.thestreet.com - February 3 at 6:47 PM
|MANHATTAN BRIDGE CAPITAL, INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders|
biz.yahoo.com - July 7 at 3:51 PM
|MANHATTAN BRIDGE CAPITAL, INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial|
biz.yahoo.com - May 29 at 4:50 PM
Manhattan Bridge Capital (LOAN) Chart for Friday, October, 20, 2017