NASDAQ:LOAN

Manhattan Bridge Capital (LOAN) Stock Price, News & Analysis

$5.11
+0.06 (+1.19%)
(As of 04/24/2024 ET)
Today's Range
$5.03
$5.11
50-Day Range
$4.60
$5.25
52-Week Range
$4.27
$5.29
Volume
20,884 shs
Average Volume
21,070 shs
Market Capitalization
$58.46 million
P/E Ratio
10.22
Dividend Yield
9.00%
Price Target
N/A

Manhattan Bridge Capital MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.33% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.78mentions of Manhattan Bridge Capital in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.77 out of 5 stars

Finance Sector

687th out of 859 stocks

Real Estate Investment Trusts Industry

144th out of 181 stocks

LOAN stock logo

About Manhattan Bridge Capital Stock (NASDAQ:LOAN)

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. Its loans are secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was founded in 1989 and is headquartered in Great Neck, New York.

LOAN Stock Price History

LOAN Stock News Headlines

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In today’s volatile markets we are all looking for the edge. But imagine tapping into a world where every investment move has the potential to be ahead of the curve. Most investors have heard of the publication Insider Financial. For nearly a decade, they've unlocked doors to opportunities tucked away from the public eye, guiding over a million investors with well researched information before it hits the mainstream media.
Manhattan Bridge Capital, Inc. (LOAN)
See More Headlines
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Company Calendar

Last Earnings
3/11/2022
Ex-Dividend for 4/15 Dividend
4/09/2024
Dividend Payable
4/15/2024
Today
4/25/2024
Next Earnings (Estimated)
7/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
REIT - Mortgage
Sub-Industry
N/A
Current Symbol
NASDAQ:LOAN
Employees
5
Year Founded
N/A

Profitability

Net Income
$5.48 million
Pretax Margin
55.91%

Debt

Sales & Book Value

Annual Sales
$7.30 million
Cash Flow
$0.49 per share
Book Value
$3.75 per share

Miscellaneous

Free Float
8,648,000
Market Cap
$58.45 million
Optionable
Optionable
Beta
0.59
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LOAN Stock Analysis - Frequently Asked Questions

How have LOAN shares performed in 2024?

Manhattan Bridge Capital's stock was trading at $4.97 at the start of the year. Since then, LOAN shares have increased by 2.8% and is now trading at $5.11.
View the best growth stocks for 2024 here
.

Are investors shorting Manhattan Bridge Capital?

Manhattan Bridge Capital saw a increase in short interest in March. As of March 31st, there was short interest totaling 28,800 shares, an increase of 35.2% from the March 15th total of 21,300 shares. Based on an average daily trading volume, of 21,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.3% of the company's stock are sold short.
View Manhattan Bridge Capital's Short Interest
.

When is Manhattan Bridge Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our LOAN earnings forecast
.

How were Manhattan Bridge Capital's earnings last quarter?

Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) issued its quarterly earnings results on Friday, March, 11th. The credit services provider reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by $0.01. Manhattan Bridge Capital had a trailing twelve-month return on equity of 13.27% and a net margin of 57.10%.

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 Wednesday, March 13th. Investors of record on Wednesday, July 10th will be paid a dividend of $0.115 per share on Monday, July 15th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 9.00%. The ex-dividend date is Wednesday, July 10th.
Read our dividend analysis for LOAN
.

Is Manhattan Bridge Capital a good dividend stock?

Manhattan Bridge Capital (NASDAQ:LOAN) pays an annual dividend of $0.46 per share and currently has a dividend yield of 9.10%. LOAN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 92.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for LOAN.

What other stocks do shareholders of Manhattan Bridge Capital own?
Who are Manhattan Bridge Capital's major shareholders?

Manhattan Bridge Capital's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Melia Wealth LLC (0.54%), Abacus Wealth Partners LLC (0.49%) and Wealthcare Advisory Partners LLC (0.40%). Insiders that own company stock include Assaf Ran and Michael Jackson.
View institutional ownership trends
.

How do I buy shares of Manhattan Bridge Capital?

Shares of LOAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LOAN) was last updated on 4/25/2024 by MarketBeat.com Staff

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