The Technical Analyst
Manhattan Bridge Capital [LOAN]
Exchange: NASDAQ Sector: Real Estate Industry: REIT—Mortgage
Manhattan Bridge Capital Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.30% $5.07
America/New_York / 26 apr 2024 @ 10:41
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 57.94 mill |
| EPS: | 0.480 |
| P/E: | 10.55 |
| Earnings Date: | Jun 20, 2024 |
| SharesOutstanding: | 11.44 mill |
| Avg Daily Volume: | 0.0208 mill |
| RATING 2024-04-25 |
|---|
| A+ |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Neutral | |
| P/E: | Neutral | |
| Price To Book: | Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | 1/24 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.47x |
| Company: PE 10.55 | sector: PE 22.26 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.09x |
| Company: PE 10.55 | industry: PE 117.64 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 4.95 - 5.18 ( +/- 2.35%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-05-12 | Ran Assaf | Buy | 5 000 | Common Stock |
| 2023-04-26 | Ran Assaf | Buy | 319 | Common Stock |
| 2023-04-25 | Ran Assaf | Buy | 960 | Common Stock |
| 2023-04-25 | Ran Assaf | Buy | 1 721 | Common Stock |
| 2023-04-24 | Ran Assaf | Buy | 5 000 | Common Stock |
| INSIDER POWER |
|---|
| 100.00 |
| Last 100 transactions |
| Buy: 403 135 | Sell: 232 317 |
Forecast:
12:20 - $5.06
Live Trading Signals (every 1 min)
Forecast
1: 10:50 - $5.07
Forecast 2: 11:40 - $5.06
Forecast 3: 12:20 - $5.06
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $5.07 (0.30% ) |
| Volume | 0.0014 mill |
| Avg. Vol. | 0.0208 mill |
| % of Avg. Vol | 6.63 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For LOAN
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
LOAN
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, including New Jersey and Connecticut, and in Florida. The company's loans are primarily secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. 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.
Latest Press Releases
2024-04-23 07:05:00 - Press Release
Manhattan Bridge Capital, Inc. Reports First Quarter Results For 2024
Great neck, n.y., april 23, 2024 (globe newswire) -- manhattan bridge capital, inc. (nasdaq: loan ) announced today that its net income for the three months ended march 31, 2024 was approximately $1,476,000, or $0.13 per share (based on approximately 11.4 million weighted-average outstanding common shares), compared to approximately $1,260,000, or $0.11 per share (based on approximately 11.5 million weighted-average outstanding common shares) for the three months ended march 31, 2023, an increase of $216,000, or 17.1%. this increase is primarily attributable to an increase in interest income from loans and a decrease in general and administrative expenses, partially offset by an increase in interest expense.
2024-03-28 07:00:00 - Press Release
Manhattan Bridge Capital, Inc. Announces Payment Of Quarterly Dividend
Great neck, n.y., march 28, 2024 (globe newswire) -- manhattan bridge capital, inc. (nasdaq: loan ) announced today that, in accordance with the board approved dividend declared on february 7, 2024, a cash dividend of $0.115 per share will be paid to all shareholders of record on april 10, 2024. the dividend will be paid on april 15, 2024.
2024-03-12 07:00:00 - Press Release
Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
Great neck, n.y., march 12, 2024 (globe newswire) -- manhattan bridge capital, inc. (nasdaq: loan) announced today that its board of directors has declared a quarterly dividend of $0.115 per share to be paid to all shareholders of record on july 10, 2024. the dividend will be paid on july 15, 2024.
2024-03-11 07:05:00 - Press Release
Manhattan Bridge Capital, Inc. Reports Results For 2023
Great neck, n.y., march 11, 2024 (globe newswire) -- manhattan bridge capital, inc. (nasdaq: loan ) (the “company”) announced today that net income for the year ended december 31, 2023 was approximately $5,476,000, or $0.48 per share (based on approximately 11.5 million weighted-average outstanding common shares), versus approximately $5,212,000, or $0.45 per share (based on approximately 11.5 million weighted-average outstanding common shares) for the year ended december 31, 2022, an increase of $264,000, or 5.1%. this increase is primarily attributable to an increase in interest income from loans, partially offset by increases in interest expense and in general and administrative expenses.
2024-02-07 07:00:00 - Press Release
Manhattan Bridge Capital, Inc. Declares An Increased Quarterly Dividend Of $0.115 Per Share
Great neck, n.y., feb. 07, 2024 (globe newswire) -- manhattan bridge capital, inc. (nasdaq: loan ) announced today that its board of directors has declared a quarterly dividend of $0.115 per share to be paid to all shareholders of record on april 10, 2024. the dividend will be paid on april 15, 2024.
Latest News
2024-03-13 10:14:55 - 24/7 Wall Street
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2023-04-19 15:14:08 - Seeking Alpha
Mortgage REITs Ranked By Quality (And Some Words Of Caution)
2022-11-03 07:42:32 - Seeking Alpha
Manhattan Bridge Is Feeling Higher Rates But Fundamentals Are Still Strong
LOAN is a hard-money lender that is having trouble raising rates while its liability costs increase. However, the company has low leverage and can therefore either reduce its balance sheet or provide liquidity when competitors become strained.
2022-06-24 10:45:48 - Seeking Alpha
Manhattan Bridge Offers An 8% Yield If You Can Handle The Risk
The New York hard money lender continued expanding its loan book by 5% QoQ. With semi-fixed interest expenses, the recent increase in interest rates has improved the company's interest margin.
2022-01-27 11:17:33 - Seeking Alpha
Manhattan Bridge Is Well Positioned To Grow Under Higher Interest Rates
LOAN offers hard money loans to real estate developers mostly in New York with first mortgage as lien plus personal guarantee from principals. The company has very conservative lending practices and has never suffered a loan default in 14 years, even during the financial crisis.
2021-09-24 07:00:00 - GlobeNewsWire
Manhattan Bridge Capital, Inc. Announces Payment of Quarterly Dividend
GREAT NECK, N.Y., Sept. 24, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced today that, in accordance with the board approved dividend declared on July 29, 2021, a cash dividend of $0.125 per share will be paid to all shareholders of record on October 8, 2021. The dividend will be paid on October 15, 2021.
2021-07-23 07:05:00 - GlobeNewsWire
Manhattan Bridge Capital, Inc. Reports Second Quarter 2021 Results
GREAT NECK, N.Y., July 23, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN ) announced today that its total revenues for the three months ended June 30, 2021 were approximately $1,713,000 compared to approximately $1,741,000 for the three months ended June 30, 2020, a decrease of $28,000, or 1.6%. The decrease in revenues was primarily attributable to lower interest rates charged on loans due to market conditions and intense competition from other lenders. For the three months ended June 30, 2021 and 2020, approximately $1,424,000 and $1,490,000, respectively, of our revenues were attributable to interest income on secured commercial loans that we offer to real estate investors, and approximately $290,000 and $251,000, respectively, of our revenues were attributable to origination fees on such loans...
2021-07-09 14:00:00 - GlobeNewsWire
Manhattan Bridge Capital Announces Closing of Proposed Public Offering of Common Shares
GREAT NECK, N.Y., July 09, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NasdaqCM: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced the closing of its previously announced underwritten public offering of 1,875,000 common shares, par value $0.001 per share, at a price to the public of $7.20 per share. In connection with the offering, the Company has also granted the underwriter a 30-day option to purchase up to an additional 281,250 common shares offered in the public offering, at the same public offering price per share, less underwriting discounts and commissions, to cover over-allotments, if any...
2021-07-06 16:05:00 - GlobeNewsWire
Manhattan Bridge Capital Announces Proposed Public Offering of Common Shares
GREAT NECK, N.Y., July 06, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NasdaqCM: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, announced today that it is proposing to offer its common shares, par value $0.001 per share, in an underwritten public offering. Manhattan Bridge Capital expects to grant the underwriter a 30-day option to purchase up to an additional 15 percent of its common shares offered in the public offering, at the same public offering price per share, less underwriting discounts and commissions, to cover over-allotments, if any...
2021-06-22 07:00:00 - GlobeNewsWire
Manhattan Bridge Capital, Inc. Announces Payment of Quarterly Dividend
GREAT NECK, N.Y., June 22, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN ) announced today that, in accordance with the board approved dividend declared on April 15, 2021, a cash dividend of $0.125 per share will be paid to all shareholders of record on July 9, 2021. The dividend will be paid on July 15, 2021.