NASDAQ:LOANManhattan Bridge Capital Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Manhattan Bridge Capital Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $4.36 -0.08 (-1.80 %) (As of 06/1/2020 04:00 PM ET) Add Compare Share Today's Range$4.35Now: $4.36▼$4.5150-Day Range$3.62MA: $4.05▼$4.7852-Week Range$2.54Now: $4.36▼$6.72Volume23,560 shsAverage Volume41,574 shsMarket Capitalization$41.99 millionP/E Ratio9.48Dividend Yield9.91%Beta0.65 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or enhancement of properties in the New York metropolitan area. The company's loans are principally secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the businesses. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Manhattan Bridge Capital, Inc. was founded in 1989 and is headquartered in Great Neck, New York.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingManhattan Bridge Capital has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.00, Manhattan Bridge Capital has a potential upside of 37.6% from its current price of $4.36.Amount of Analyst CoverageManhattan Bridge Capital has only been the subject of 1 research reports in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesManhattan Bridge Capital has received 156 “outperform” votes. (Add your “outperform” vote.)Underperform VotesManhattan Bridge Capital has received 129 “underperform” votes. (Add your “underperform” vote.)Community SentimentManhattan Bridge Capital has received 54.74% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Manhattan Bridge Capital and other stocks. Vote “Outperform” if you believe LOAN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LOAN will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipManhattan Bridge Capital is a leading dividend payer. It pays a dividend yield of 9.91%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthManhattan Bridge Capital has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Manhattan Bridge Capital is 93.62 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Manhattan Bridge Capital will have a dividend payout ratio of 97.78 % in the coming year. This indicates that Manhattan Bridge Capital may not be able to sustain their current dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Manhattan Bridge Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $87,440.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 28.70% of the stock of Manhattan Bridge Capital is held by insiders.Percentage Held by InstitutionsOnly 14.63% of the stock of Manhattan Bridge Capital is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Manhattan Bridge Capital are expected to grow by 2.27% in the coming year, from $0.44 to $0.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manhattan Bridge Capital is 9.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Manhattan Bridge Capital is 9.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.92.Price to Book Value per Share RatioManhattan Bridge Capital has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.50 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:LOAN Previous Symbol CUSIPN/A CIK1080340 Webwww.manhattanbridgecapital.com Phone516-444-3400Debt Debt-to-Equity RatioN/A Current Ratio2.30 Quick Ratio2.30Price-To-Earnings Trailing P/E Ratio9.48 Forward P/E Ratio9.91 P/E GrowthN/A Sales & Book Value Annual Sales$7.34 million Price / Sales5.72 Cash Flow$0.47 per share Price / Cash Flow9.34 Book Value$3.31 per share Price / Book1.32Profitability EPS (Most Recent Fiscal Year)$0.47 Net Income$4.49 million Net Margins60.44% Return on Equity13.40% Return on Assets7.61%Miscellaneous Employees4 Outstanding Shares9,630,000Market Cap$41.99 million Next Earnings Date7/24/2020 (Estimated) OptionableNot Optionable NASDAQ:LOAN Rates by TradingView Receive LOAN News and Ratings via Email Sign-up to receive the latest news and ratings for LOAN and its competitors with MarketBeat's FREE daily newsletter. Manhattan Bridge Capital (NASDAQ:LOAN) Frequently Asked Questions How has Manhattan Bridge Capital's stock been impacted by COVID-19 (Coronavirus)? Manhattan Bridge Capital's stock was trading at $5.08 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LOAN stock has decreased by 14.2% and is now trading at $4.36. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Manhattan Bridge Capital? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manhattan Bridge Capital in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Manhattan Bridge Capital. When is Manhattan Bridge Capital's next earnings date? Manhattan Bridge Capital is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Manhattan Bridge Capital. How were Manhattan Bridge Capital's earnings last quarter? Manhattan Bridge Capital Inc. (NASDAQ:LOAN) announced its earnings results on Monday, April, 13th. The credit services provider reported $0.11 earnings per share for the quarter, meeting analysts' consensus estimates of $0.11. The credit services provider earned $1.71 million during the quarter. Manhattan Bridge Capital had a return on equity of 13.40% and a net margin of 60.44%. View Manhattan Bridge Capital's earnings history. How often does Manhattan Bridge Capital pay dividends? What is the dividend yield for Manhattan Bridge Capital? Manhattan Bridge Capital announced a quarterly dividend on Thursday, May 7th. Investors of record on Friday, July 10th will be given a dividend of $0.10 per share on Wednesday, July 15th. This represents a $0.40 annualized dividend and a dividend yield of 9.17%. The ex-dividend date of this dividend is Thursday, July 9th. View Manhattan Bridge Capital's dividend history. What price target have analysts set for LOAN? 2 Wall Street analysts have issued 1-year target prices for Manhattan Bridge Capital's stock. Their forecasts range from $6.00 to $6.00. On average, they anticipate Manhattan Bridge Capital's share price to reach $6.00 in the next year. This suggests a possible upside of 37.6% from the stock's current price. View analysts' price targets for Manhattan Bridge Capital. Has Manhattan Bridge Capital been receiving favorable news coverage? Press coverage about LOAN stock has trended extremely positive recently, according to InfoTrie. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Manhattan Bridge Capital earned a news sentiment score of 5.0 on InfoTrie's scale. They also gave media coverage about the credit services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutManhattan Bridge Capital. Are investors shorting Manhattan Bridge Capital? Manhattan Bridge Capital saw a decrease in short interest in May. As of May 15th, there was short interest totaling 7,300 shares, a decrease of 19.8% from the April 30th total of 9,100 shares. Based on an average trading volume of 53,700 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short. View Manhattan Bridge Capital's Current Options Chain. Who are some of Manhattan Bridge Capital's key competitors? Some companies that are related to Manhattan Bridge Capital include Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) (BRG), CIM Commercial Trust (CMCT), Anworth Mortgage Asset Corp Reit (ANH), Cherry Hill Mortgage Investment (CHMI), Corenergy Infrastructure Trust (CORR), Clipper Realty (CLPR), Washington Prime Group (WPG), Drive Shack (DS), Ellington Residential Mortgage REIT (EARN), Braemar Hotels & Resorts (BHR), Western Asset Mortgage Capital (WMC), Postal Realty Trust (PSTL), Pennsylvania R.E.I.T. (PEI), Arlington Asset Investment (AI) and AG Mortgage Investment Trust (MITT). View all competitors. What other stocks do shareholders of Manhattan Bridge Capital own? Based on aggregate information from My MarketBeat watchlists, some companies that other Manhattan Bridge Capital investors own include Allena Pharmaceuticals (ALNA), Energy Transfer LP Unit (ET), NovaBay Pharmaceuticals (NBY), NovaBay Pharmaceuticals (NBY), AcelRx Pharmaceuticals (ACRX), Actinium Pharmaceuticals (ATNM), Dynex Capital (DX), Rigel Pharmaceuticals (RIGL), Saratoga Investment (SAR) and Two Harbors Investment (TWO). Who are Manhattan Bridge Capital's key executives? Manhattan Bridge Capital's management team includes the following people: Mr. Assaf Ran, Founder, Chairman, Pres & CEO (Age 53)Ms. Vanessa Kao, CFO, VP, Treasurer & Sec. (Age 41) What is Manhattan Bridge Capital's stock symbol? Manhattan Bridge Capital trades on the NASDAQ under the ticker symbol "LOAN." Who are Manhattan Bridge Capital's major shareholders? Manhattan Bridge Capital's stock is owned by a variety of institutional and retail investors. Top institutional investors include Shufro Rose & Co. LLC (1.19%), Hardy Reed LLC (0.76%), National Asset Management Inc. (0.59%), Advisor Group Holdings Inc. (0.12%) and Acadian Asset Management LLC (0.07%). Company insiders that own Manhattan Bridge Capital stock include Assaf Ran, Eran Goldshmit, Lyron L Bentovim and Vanessa Kao. View institutional ownership trends for Manhattan Bridge Capital. Which institutional investors are buying Manhattan Bridge Capital stock? LOAN stock was bought by a variety of institutional investors in the last quarter, including Hardy Reed LLC, Advisor Group Holdings Inc., Acadian Asset Management LLC, National Asset Management Inc., and Shufro Rose & Co. LLC. Company insiders that have bought Manhattan Bridge Capital stock in the last two years include Assaf Ran, and Vanessa Kao. View insider buying and selling activity for Manhattan Bridge Capital. How do I buy shares of Manhattan Bridge Capital? Shares of LOAN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Manhattan Bridge Capital's stock price today? One share of LOAN stock can currently be purchased for approximately $4.36. How big of a company is Manhattan Bridge Capital? Manhattan Bridge Capital has a market capitalization of $41.99 million and generates $7.34 million in revenue each year. The credit services provider earns $4.49 million in net income (profit) each year or $0.47 on an earnings per share basis. Manhattan Bridge Capital employs 4 workers across the globe. What is Manhattan Bridge Capital's official website? The official website for Manhattan Bridge Capital is www.manhattanbridgecapital.com. How can I contact Manhattan Bridge Capital? Manhattan Bridge Capital's mailing address is 60 CUTTER MILL RD. SUITE 205, GREAT NECK NY, 11021. The credit services provider can be reached via phone at 516-444-3400. This page was last updated on 6/1/2020 by MarketBeat.com Staff
