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Manhattan Bridge Capital (LOAN) Stock

Profile

Industry:

Mortgage

Country:

United States

IPO:

13 May 1999

Indexes:

Not included

Description:

Manhattan Bridge Capital (LOAN) is a real estate finance company that provides short-term loans secured by real estate. It primarily serves property developers and investors, helping them fund projects quickly. The company focuses on generating income through interest on these loans, aiming for steady returns for its investors.

Key Details

Price

$5.60

TTM Dividend Yield

8.21%(-13.12% YoY)

PE Ratio

11.43(+15.22% YoY)

Beta

-0.10

Events Calendar

Earnings

Next earnings date:

Mar 11, 2025

Recent quarterly earnings:

Oct 23, 2024

Recent annual earnings:

Mar 11, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 31, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

16 Mar '23 Maxim Group
Hold
18 Apr '18 Maxim Group
Buy
21 Dec '17 Maxim Group
Buy
01 May '17 Compass Point
Buy
15 Dec '15 Aegis Capital
Buy

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Institutional Ownership

Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
LOAN
globenewswire.com26 November 2024

GREAT NECK, N.Y., Nov. 26, 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 December 31, 2024. The dividend will be paid on January 15, 2025.

ASHFORD HOSPITALITY TRUST ANNOUNCES MODIFICATION FOR MORTGAGE LOAN
ASHFORD HOSPITALITY TRUST ANNOUNCES MODIFICATION FOR MORTGAGE LOAN
ASHFORD HOSPITALITY TRUST ANNOUNCES MODIFICATION FOR MORTGAGE LOAN
LOAN
prnewswire.com12 November 2024

DALLAS , Nov. 12, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully entered into a 90-day forbearance period for its Morgan Stanley Pool loan secured by 17 hotels. The loan had a final maturity date of November 9, 2024.

LUCA RECOMMENCES PRINCIPAL LOAN REPAYMENTS
LUCA RECOMMENCES PRINCIPAL LOAN REPAYMENTS
LUCA RECOMMENCES PRINCIPAL LOAN REPAYMENTS
LOAN
prnewswire.com05 November 2024

VANCOUVER, BC , Nov. 5, 2024 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSX-V: LUCA; OTCQX: LUCMF; Frankfurt: Z68) is pleased to announce the recommencement of principal repayments on its term loans with Trafigura Mexico S.A. de C.V. ("Trafigura"), a significant milestone in the Company's financial strategy.

Manhattan Bridge Capital, Inc. Reports Third Quarter 2024 Results
Manhattan Bridge Capital, Inc. Reports Third Quarter 2024 Results
Manhattan Bridge Capital, Inc. Reports Third Quarter 2024 Results
LOAN
globenewswire.com23 October 2024

GREAT NECK, N.Y., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) (the “Company”) announced today that its net income for the three months ended September 30, 2024 was approximately $1,399,000, or $0.12 per basic and diluted share (based on approximately 11.4 million weighted-average outstanding common shares), as compared to approximately $1,446,000, or $0.13 per basic and diluted share (based on approximately 11.5 million weighted-average outstanding common shares), for the three months ended September 30, 2023, a decrease of $47,000, or 3.3%. This decrease is primarily attributable to a decrease in revenue, partially offset by a decrease in interest expense.

Manhattan Bridge Capital, Inc. Reports Second Quarter 2024 Results
Manhattan Bridge Capital, Inc. Reports Second Quarter 2024 Results
Manhattan Bridge Capital, Inc. Reports Second Quarter 2024 Results
LOAN
globenewswire.com22 July 2024

GREAT NECK, N.Y., July 22, 2024 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq:  LOA N ) (the “Company”) announced today that its total revenues for the three months ended June 30, 2024 were approximately $2,443,000 compared to approximately $2,399,000 for the three months ended June 30, 2023, an increase of $44,000, or 1.8%. The increase in revenue was due to higher interest rates charged on the Company's commercial loans, partially offset by a reduction in loans receivable, period over period, and reduced origination fees, which were impacted by a slowdown in new loan originations. For the three months ended June 30, 2024 and 2023, approximately $2,033,000 and $1,943,000, respectively, of the Company's revenues were attributable to interest income on secured commercial loans that the Company offers to real estate investors, and approximately $411,000 and $457,000, respectively, of its revenues were attributable to origination fees on such loans. The loans are principally secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers.

VIVOPOWER SECURES EXTENSION FOR US$34M LOAN FINANCING FACILITY AGREEMENT
VIVOPOWER SECURES EXTENSION FOR US$34M LOAN FINANCING FACILITY AGREEMENT
VIVOPOWER SECURES EXTENSION FOR US$34M LOAN FINANCING FACILITY AGREEMENT
LOAN
globenewswire.com09 July 2024

Agreement consolidates major shareholder loan into single US$34m tranche Extends tenure of non-dilutive financing at VivoPower level Loan amended to be all non-current status, improving VivoPower's balance sheet profile Agreement confirms continued major shareholder support for VivoPower and confidence in the Tembo transaction LONDON, July 09, 2024 (GLOBE NEWSWIRE) -- Nasdaq-listed B Corp VivoPower International PLC (Nasdaq: VVPR, “VivoPower”) announced today that its independent directors have secured an amendment and extension to its US$34m shareholder loan financing agreement following the conclusion of negotiations with the independent directors of its major shareholder, AWN Holdings Limited (“AWN”). As part of the amended terms, VivoPower has consolidated all of its shareholder loans at VivoPower International PLC level, as well as amending all of the outstanding loans to non-current status.

FAQ

  • What is the primary business of Manhattan Bridge Capital?
  • What is the ticker symbol for Manhattan Bridge Capital?
  • Does Manhattan Bridge Capital pay dividends?
  • What sector is Manhattan Bridge Capital in?
  • What industry is Manhattan Bridge Capital in?
  • What country is Manhattan Bridge Capital based in?
  • When did Manhattan Bridge Capital go public?
  • Is Manhattan Bridge Capital in the S&P 500?
  • Is Manhattan Bridge Capital in the NASDAQ 100?
  • Is Manhattan Bridge Capital in the Dow Jones?
  • When was Manhattan Bridge Capital's last earnings report?
  • When does Manhattan Bridge Capital report earnings?
  • Should I buy Manhattan Bridge Capital stock now?

What is the primary business of Manhattan Bridge Capital?

Manhattan Bridge Capital (LOAN) is a real estate finance company that provides short-term loans secured by real estate. It primarily serves property developers and investors, helping them fund projects quickly. The company focuses on generating income through interest on these loans, aiming for steady returns for its investors.

What is the ticker symbol for Manhattan Bridge Capital?

The ticker symbol for Manhattan Bridge Capital is NASDAQ:LOAN

Does Manhattan Bridge Capital pay dividends?

Yes, Manhattan Bridge Capital pays dividends. The last payment was $0.12, with an ex-dividend date on 31 December 2024

What sector is Manhattan Bridge Capital in?

Manhattan Bridge Capital is in the Real Estate sector

What industry is Manhattan Bridge Capital in?

Manhattan Bridge Capital is in the Mortgage industry

What country is Manhattan Bridge Capital based in?

Manhattan Bridge Capital is headquartered in United States

When did Manhattan Bridge Capital go public?

Manhattan Bridge Capital's initial public offering (IPO) was on 13 May 1999

Is Manhattan Bridge Capital in the S&P 500?

No, Manhattan Bridge Capital is not included in the S&P 500 index

Is Manhattan Bridge Capital in the NASDAQ 100?

No, Manhattan Bridge Capital is not included in the NASDAQ 100 index

Is Manhattan Bridge Capital in the Dow Jones?

No, Manhattan Bridge Capital is not included in the Dow Jones index

When was Manhattan Bridge Capital's last earnings report?

Manhattan Bridge Capital's most recent earnings report was on 23 October 2024

When does Manhattan Bridge Capital report earnings?

The next expected earnings date for Manhattan Bridge Capital is 11 March 2025

Should I buy Manhattan Bridge Capital stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions