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:
Capitalization:- Market Cap: $44.65 million
- Outstanding Shares: 8,119,000
Average Prices:- 50 Day Moving Avg: $5.40
- 200 Day Moving Avg: $5.89
- 52 Week Range: $4.65 - $7.65
P/E:- Trailing P/E Ratio: 14.82
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $4.04 million
- Price / Sales: 11.05
- Book Value: $2.84 per share
- Price / Book: 1.94
Dividend:- Annual Dividend: $0.41
- Dividend Yield: 7.5%
Profitability:- Net Margins: 60.18%
- Return on Equity: 13.46%
- Return on Assets: 8.46%
Debt:- Debt-to-Equity Ratio: 0.23%
- Current Ratio: 3.60%
- Quick Ratio: 3.60%
Misc:- Average Volume: 38,476 shs.
- Beta: 0.81
- Short Ratio: 0.51
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 announced a quarterly dividend on Tuesday, May 2nd. Stockholders of record on Monday, July 10th will be paid a dividend of $0.1025 per share on Monday, July 17th. This represents a $0.41 annualized dividend and a dividend yield of 7.45%. The ex-dividend date is Thursday, July 6th. This is an increase from Manhattan Bridge Capital's previous quarterly dividend of $0.10. View Manhattan Bridge Capital's Dividend History.
How will Manhattan Bridge Capital's stock buyback program work?
Manhattan Bridge Capital declared that its Board of Directors has approved a share repurchase plan on Tuesday, April 11th 2017, which authorizes the company to buyback 100,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board believes its stock is undervalued.
How were Manhattan Bridge Capital's earnings last quarter?
Manhattan Bridge Capital, Inc (NASDAQ:LOAN) released its quarterly earnings data on Tuesday, April, 25th. The company reported $0.10 earnings per share (EPS) for the quarter. The company earned $1.33 million during the quarter. Manhattan Bridge Capital had a return on equity of 13.46% and a net margin of 60.18%. 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 equities research analysts have issued 1-year target prices 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 year. 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 Harvest Capital Credit Corporation (HCAP), Atlantic American Corporation (AAME), Real Industry (RELY), Eagle Bancorp Montana (EBMT), Patriot National Bancorp (PNBK), Anchor Bancorp (ANCB), GWG Holdings (GWGH), Manning & Napier (MN), Medallion Financial Corp. (MFIN), Conifer Holdings (CNFR), Patriot National (PN), Unico American Corporation (UNAM), Porter Bancorp (PBIB), Medley Management (MDLY), Walter Investment Management Corp. (WAC), Imation Corporation (GLA), FXCM (GLBR) and Gleacher & Co. (GLCH).
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?
One share of Manhattan Bridge Capital stock can currently be purchased for approximately $5.50.
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.
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 (31.82% upside) |
Analysts' Ratings History for Manhattan Bridge Capital (NASDAQ:LOAN)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/1/2017 | Compass Point | Initiated Coverage | Buy | $7.25 | High |  |
| 7/14/2016 | Aegis | Reiterated Rating | Buy | | N/A | |
(Data available from 7/26/2015 forward)
Earnings History for Manhattan Bridge Capital (NASDAQ:LOAN)Earnings History by Quarter for Manhattan Bridge Capital (NASDAQ LOAN)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 4/25/2017 | 3/31/2017 | | $0.10 | | $1.33 million | View | N/A | |
| 10/26/2016 | Q3 | $0.11 | $0.10 | $1.03 million | $1.17 million | View | N/A | |
| 10/29/2015 | Q315 | | $0.09 | | $1.03 million | View | N/A | |
| 5/4/2015 | Q115 | | $0.08 | | $0.91 million | View | N/A | |
| 8/13/2014 | Q214 | | $0.10 | | $0.63 million | View | N/A | |
(Data available from 1/1/2011 forward)
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: | 7/17/2017 |
| Annual Dividend: | $0.41 |
| Dividend Yield: | 7.45% |
| Payout Ratio: | 107.90% (Trailing 12 Months of Earnings)
|
Dividend History by Quarter for Manhattan Bridge Capital (NASDAQ LOAN)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/2/2017 | quarterly | $0.10 | 7.32% | 7/6/2017 | 7/10/2017 | 7/17/2017 |
| 2/15/2017 | quarterly | $0.10 | 6.02% | 4/6/2017 | 4/10/2017 | 4/17/2017 |
| 11/1/2016 | quarterly | $0.10 | 6.96% | 12/28/2016 | 12/30/2016 | 1/17/2017 |
| 8/2/2016 | quarterly | $0.10 | 7.08% | 10/6/2016 | 10/11/2016 | 10/17/2016 |
| 5/3/2016 | quarterly | $0.09 | 8.55% | 7/6/2016 | 7/8/2016 | 7/15/2016 |
| 2/16/2016 | quarterly | $0.09 | 8.33% | 4/6/2016 | 4/8/2016 | 4/15/2016 |
| 11/3/2015 | quarterly | $0.09 | 8.35% | 12/29/2015 | 12/31/2015 | 1/15/2016 |
| 8/3/2015 | quarterly | $0.08 | 7.67% | 10/7/2015 | 10/9/2015 | 10/15/2015 |
| 5/6/2015 | quarterly | $0.08 | 7.19% | 7/8/2015 | 7/10/2015 | 7/15/2015 |
| 6/11/2014 | quarterly | $0.07 | 9.3% | 1/7/2015 | 1/10/2015 | 1/15/2015 |
| 6/11/2014 | quarterly | $0.07 | 9.3% | 10/8/2014 | 10/10/2014 | 10/15/2014 |
| 6/11/2014 | quarterly | $0.07 | 9.3% | 7/8/2014 | 7/10/2014 | 7/15/2014 |
| 6/10/2014 | quarterly | $0.07 | 9.79% | 4/8/2015 | 4/10/2015 | 4/15/2015 |
| 2/5/2014 | quarterly | $0.02 | 4.52% | 11/12/2014 | 11/14/2014 | 11/20/2014 |
| 2/5/2014 | quarterly | $0.02 | 4.52% | 8/13/2014 | 8/15/2014 | 8/20/2014 |
| 2/5/2014 | quarterly | $0.02 | 4.52% | 2/11/2015 | 2/13/2015 | 2/20/2015 |
| 2/4/2014 | quarterly | $0.02 | 4.52% | 5/13/2014 | 5/15/2014 | 5/20/2014 |
| 2/3/2014 | quarterly | $0.01 | | | 2/14/2014 | 2/20/2014 |
| 11/1/2013 | quarterly | $0.01 | | | 11/15/2013 | 11/20/2013 |
| 8/2/2013 | quarterly | $0.01 | | | 8/15/2013 | 8/20/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Manhattan Bridge Capital (NASDAQ:LOAN)Insider Ownership Percentage: 32.29%
Institutional Ownership Percentage: 10.62%
Insider Trades by Quarter for Manhattan Bridge Capital (NASDAQ:LOAN)| 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 | |
(Data available from 1/1/2013 forward)
Headline Trends for Manhattan Bridge Capital (NASDAQ:LOAN)
Latest Headlines for Manhattan Bridge Capital (NASDAQ:LOAN)
| Source: |
|
| Date | Headline |
|---|
 | 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 (LOAN) and Federal Agricultural Mortgage Corp. (AGM) Financial Analysis
www.americanbankingnews.com - June 10 at 7:54 AM |
| Manhattan Bridge Capital Inc. (LOAN) Insider Assaf Ran Buys 5,000 Shares
www.americanbankingnews.com - June 9 at 10:34 AM |
| Contrasting Manhattan Bridge Capital (LOAN) & Synchrony Financial (SYF)
www.americanbankingnews.com - June 4 at 6:12 PM |
 | Manhattan Bridge Capital, Inc. to Present at the 7th Annual LD Micro Invitational
finance.yahoo.com - May 15 at 10:36 AM |
| Manhattan Bridge Capital (LOAN) Receiving Somewhat Positive Press Coverage, Report Shows
www.americanbankingnews.com - May 3 at 1:05 AM |
| Manhattan Bridge Capital Inc. (LOAN) to Issue Quarterly Dividend of $0.10
www.americanbankingnews.com - May 2 at 7:36 PM |
| Compass Point Begins Coverage on Manhattan Bridge Capital Inc. (LOAN)
www.americanbankingnews.com - May 1 at 1:36 PM |
| Manhattan Bridge Capital (LOAN) Given Daily Media Impact Score of 0.06
www.americanbankingnews.com - April 27 at 10:06 PM |
| Manhattan Bridge Capital, Inc. to Present at the Planet MicroCap Showcase 2017
finance.yahoo.com - April 26 at 6:59 PM |
| Manhattan Bridge Capital Inc. (LOAN) Posts Earnings Results
www.americanbankingnews.com - April 26 at 3:52 PM |
| Manhattan Bridge Capital, Inc. Reports First Quarter Results - Record Revenue and Net Earnings
finance.yahoo.com - April 25 at 8:01 AM |
| Manhattan Bridge Capital (LOAN) Earns Media Impact Rating of 0.31
www.americanbankingnews.com - April 24 at 4:58 PM |
| Manhattan Bridge Capital, Inc. : LOAN-US: Dividend Analysis : April 10th, 2017 (record date) : By the numbers : April 14, 2017
finance.yahoo.com - April 14 at 6:11 PM |
| Manhattan Bridge Capital (LOAN) Receiving Positive Media Coverage, Report Finds
www.americanbankingnews.com - April 13 at 5:27 PM |
| Manhattan Bridge Capital Inc. (LOAN) Short Interest Down 34.5% in March
www.americanbankingnews.com - April 8 at 7:06 AM |
| Zacks: Manhattan Bridge Capital Inc. (LOAN) Receives Average Rating of "" from Analysts
www.americanbankingnews.com - March 31 at 1:58 PM |
 | 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 Financials
finance.yahoo.com - October 29 at 5:44 PM |
| Manhattan Bridge Capital, Inc. Announces Payment of Quarterly $0.10 per Share Dividend
finance.yahoo.com - October 3 at 10:33 AM |
| Will Manhattan Bridge Capital (LOAN) Continue to Surge Higher?
finance.yahoo.com - September 28 at 5:46 PM |
 | Manhattan Bridge Capital, Inc. Announces Closing of Public Offering of Common Shares
www.nasdaq.com - August 16 at 9:17 AM |
| Manhattan Bridge Capital, Inc. Prices Public Offering of 672,269 Common Shares
finance.yahoo.com - August 10 at 8:57 AM |
 | BRIEF-Manhattan Bridge Capital Announces proposed public offering of common stock
www.reuters.com - August 9 at 6:12 PM |
| Manhattan Bridge Capital, Inc. Reports Second Quarter Results
finance.yahoo.com - July 28 at 7:15 AM |
| Manhattan Bridge Capital: What's The Deal?
seekingalpha.com - July 19 at 12:05 PM |
| Manhattan Bridge Capital, Inc. Announces Payment of Quarterly $0.09 per Share Dividend
finance.yahoo.com - July 1 at 7:00 AM |
| Manhattan Bridge Capital Reports 46.0% Increase in Net Income
finance.yahoo.com - May 2 at 7:30 AM |
| Manhattan Bridge Capital, Inc. Announces Closing of Public Offering of Senior Secured Notes by its Wholly Owned Subsidiary MBC Funding II Corp.
finance.yahoo.com - April 25 at 5:41 PM |
| 2:08 am Manhattan Bridge Capital prices $6 mln offering of Senior Secured Notes Issued by its wholly-owned subsidiary, MBC Funding II Corp
finance.yahoo.com - April 18 at 2:08 AM |
| Manhattan Bridge Capital, Inc. Prices $6,000,000 Offering of Senior Secured Notes Issued by Its Wholly-Owned Subsidiary, MBC Funding II Corp
finance.yahoo.com - April 15 at 5:31 PM |
 | 3 Stocks With Upcoming Ex-Dividend Dates: LOAN, GNL, LYG
www.thestreet.com - April 5 at 2:38 PM |
| Manhattan Bridge Capital, Inc. Reports Results for 2015
finance.yahoo.com - March 8 at 5:59 PM |
| MANHATTAN BRIDGE CAPITAL, INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 8 at 4:29 PM |
| Manhattan Bridge Capital, Inc. (LOAN)
finance.yahoo.com - February 28 at 1:19 PM |
| Don't Miss Out: Top 3 Yielding Buy-Rated Stocks: LOAN, CLCT, DL
www.thestreet.com - February 26 at 8:04 AM |
| Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
finance.yahoo.com - February 12 at 7:00 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.
finance.yahoo.com - January 27 at 6:08 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 Wednesday, July, 26, 2017
