Manhattan Bridge Capital, Inc. (LOAN)
| Market Cap | 63.26M |
| Revenue (ttm) | 7.39M |
| Net Income (ttm) | 5.63M |
| Shares Out | 11.44M |
| EPS (ttm) | 0.49 |
| PE Ratio | 11.29 |
| Forward PE | 11.06 |
| Dividend | $0.46 (8.32%) |
| Ex-Dividend Date | Oct 8, 2024 |
| Volume | 23,885 |
| Open | 5.42 |
| Previous Close | 5.47 |
| Day's Range | 5.42 - 5.60 |
| 52-Week Range | 4.60 - 5.90 |
| Beta | 0.54 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 23, 2024 |
About 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 ... [Read more]
Financial Performance
In 2023, Manhattan Bridge Capital's revenue was $7.27 million, an increase of 7.74% compared to the previous year's $6.75 million. Earnings were $5.48 million, an increase of 5.07%.
Financial StatementsNews
Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
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 ...
Manhattan Bridge Capital, Inc. Reports Third Quarter 2024 Results
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 ...
Manhattan Bridge Capital, Inc. Reports Second Quarter 2024 Results
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 we...
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 $1,4...
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...
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 approximate...
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 ...
Manhattan Bridge Capital, Inc. Reports Third Quarter 2023 Results
GREAT NECK, N.Y., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) (the “Company”) announced today that its net income for the three months ended September 30, 2023 was...
Manhattan Bridge Capital, Inc. Reports Second Quarter 2023 Results
GREAT NECK, N.Y., July 20, 2023 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) (the “Company”) announced today that its total revenues for the three months ended June 30, 2023 were...
Manhattan Bridge: Juicy 9% Dividend But A Risky REIT Play
Manhattan Bridge: Juicy 9% Dividend But A Risky REIT Play.
Manhattan Bridge Capital, Inc. Reports First Quarter 2023 Results
GREAT NECK, N.Y., April 19, 2023 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its net income for the three months ended March 31, 2023 was approximately $1,2...
Manhattan Bridge Capital, Inc. Announces the Buy-back of up to 100,000 of its Common Shares
GREAT NECK, N.Y., April 11, 2023 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced that its Board of Directors has authorized a common stock repurchase plan allowing the buy...
Manhattan Bridge Capital, Inc. Reports Results for 2022
GREAT NECK, N.Y., March 10, 2023 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that net income for the year ended December 31, 2022 was approximately $5,212,000, o...
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 ...
Manhattan Bridge Capital, Inc. Reports Third Quarter 2022 Results
GREAT NECK, N.Y., Oct. 21, 2022 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its net income for the three months ended September 30, 2022 was approximately $...
Manhattan Bridge Capital, Inc. Reports Second Quarter 2022 Results
GREAT NECK, N.Y., July 22, 2022 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its total revenues for the three months ended June 30, 2022 were approximately $...
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.
Manhattan Bridge Capital, Inc. Reports First Quarter 2022 Results
GREAT NECK, N.Y., April 14, 2022 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that net income for the three months ended March 31, 2022 was approximately $1,425,0...
Manhattan Bridge Capital, Inc. Reports Results for 2021
GREAT NECK, N.Y., March 11, 2022 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that net income for the year ended December 31, 2021 was approximately $4,423,000, o...
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 h...
Manhattan Bridge Capital, Inc. Reports Third Quarter 2021 Results
GREAT NECK, N.Y., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that its net income for the three months ended September 30, 2021 was approximately $...
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 $...
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, se...
Manhattan Bridge Capital Announces Pricing of Proposed Public Offering of Common Shares
GREAT NECK, N.Y., July 07, 2021 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NasdaqCM: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, se...