Manhattan Bridge Capital Stock (NASDAQ:LOAN)
Previous Close
$5.40
52W Range
$4.27 - $5.90
50D Avg
$5.39
200D Avg
$5.15
Market Cap
$61.88M
Avg Vol (3M)
$18.07K
Beta
0.55
Div Yield
$0.46 (10.58%)
LOAN Company Profile
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.
LOAN Performance
Peer Comparison
Ticker | Company |
---|---|
ACRE | Ares Commercial Real Estate Corporation |
RC | Ready Capital Corporation |
LFT | Lument Finance Trust, Inc. |
ACR | ACRES Commercial Realty Corp. |
LADR | Ladder Capital Corp |
CMTG | Claros Mortgage Trust, Inc. |
EARN | Ellington Residential Mortgage REIT |
CHMI | Cherry Hill Mortgage Investment Corporation |
AJX | Great Ajax Corp. |
IVR | Invesco Mortgage Capital Inc. |
EFC | Ellington Financial Inc. |
FBRT | Franklin BSP Realty Trust, Inc. |
NREF | NexPoint Real Estate Finance, Inc. |
REFI | Chicago Atlantic Real Estate Finance, Inc. |
KREF | KKR Real Estate Finance Trust Inc. |