Real Estate -
REIT - Mortgage - NASDAQ - US
$ 5.03
0 %
$ 57.5 M
Market Cap
10.85
P/E
1. INTRINSIC VALUE
Balance Sheet
Manhattan Bridge Capital, Inc.
| Current Assets | 180 M |
| Cash & Short-Term Investments | 178 M |
| Receivables | 1.52 M |
| Other Current Assets | 0 |
| Non-Current Assets | 154 M |
| Long-Term Investments | 0 |
| PP&E | 154 M |
| Other Non-Current Assets | 0 |
| Current Liabilities | 18 M |
| Accounts Payable | 232 K |
| Short-Term Debt | 16.4 M |
| Other Current Liabilities | 1.32 M |
| Non-Current Liabilities | 6.12 M |
| Long-Term Debt | 6.12 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Manhattan Bridge Capital, Inc.
| Revenue | 9.69 M |
| Cost Of Revenue | 2.32 M |
| Gross Profit | 7.37 M |
| Operating Expenses | -543 K |
| Operating Income | 7.91 M |
| Other Expenses | 2.32 M |
| Net Income | 5.59 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Manhattan Bridge Capital, Inc.
| Net Income | 5.59 M |
| Depreciation & Amortization | 4.87 K |
| Capital Expenditures | -4.02 M |
| Stock-Based Compensation | 13.1 K |
| Change in Working Capital | -766 K |
| Others | -614 K |
| Free Cash Flow | 4.93 M |
Wall Street Analysts Price Targets
Manhattan Bridge Capital, Inc.
LOAN has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
1.95%
DIVIDEND YIELD
0.115 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Manhattan Bridge Capital, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Manhattan Bridge Capital, Inc. Reports First Quarter Results for 2025
GREAT NECK, N.Y., April 24, 2025 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN ) (the “Company”) announced today that its net income for the three months ended March 31, 2025 was approximately $1,373,000, or $0.12 per share (based on approximately 11.4 million weighted-average outstanding common shares), compared to approximately $1,476,000, or $0.13 per share (based on approximately 11.4 million weighted-average outstanding common shares) for the three months ended March 31, 2024, a decrease of $103,000, or 7.0%. This decrease is primarily attributable to a decrease in interest income from loans, partially offset by a decrease in interest expense.
globenewswire.com
- 1 month ago
Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
GREAT NECK, N.Y., April 17, 2025 (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 8, 2025. The dividend will be paid on July 15, 2025.
globenewswire.com
- 2 months ago
ASHFORD HOSPITALITY TRUST ANNOUNCES EXTENSION OF MORTGAGE LOAN SECURED BY 17 HOTELS
DALLAS , April 14, 2025 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully extended its Morgan Stanley Pool mortgage loan secured by 17 hotels. The loan had an original final maturity date in November of 2024.
prnewswire.com
- 2 months ago
Manhattan Bridge Capital, Inc. Reports Results for 2024
GREAT NECK, N.Y., March 12, 2025 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN ) (the “Company”) announced today that net income for the year ended December 31, 2024 was approximately $5,591,000, or $0.49 per share (based on approximately 11.4 million weighted-average outstanding common shares), versus approximately $5,476,000, or $0.48 per share (based on approximately 11.5 million weighted-average outstanding common shares) for the year ended December 31, 2023, an increase of $115,000, or 2.1%. This increase is primarily attributable to a decrease in interest expense, partially offset by a decrease in origination fees.
globenewswire.com
- 3 months ago
ASHFORD HOSPITALITY TRUST ANNOUNCES EXTENSION OF MORTGAGE LOAN SECURED BY THE HOTEL INDIGO ATLANTA MIDTOWN
DALLAS , Feb. 26, 2025 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully extended its mortgage loan secured by the 141-room Hotel Indigo Atlanta Midtown in Atlanta, Georgia. The loan had a final maturity date in December of 2024.
prnewswire.com
- 3 months ago
ASHFORD HOSPITALITY TRUST ANNOUNCES CLOSING OF $580 MILLION MORTGAGE LOAN SECURED BY 16 HOTELS
DALLAS , Feb. 12, 2025 /PRNewswire/ -- February 12, 2025 – Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has closed on a $580 million refinancing secured by 16 hotels. The financing includes the hotels that were previously part of the Company's KEYS Pool C Loan, KEYS Pool D Loan, KEYS Pool E Loan, and the BAML Pool 3 Loan, together with the Westin Princeton.
prnewswire.com
- 4 months ago
Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
GREAT NECK, N.Y., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (NASDAQ: LO AN ) 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 8, 2025. The dividend will be paid on April 15, 2025.
globenewswire.com
- 4 months ago
YERBAÉ BRANDS CORP. ANNOUNCES LOAN AGREEMENT WITH MAXIMCASH
VANCOUVER, B.C., Jan. 31, 2025 (GLOBE NEWSWIRE) -- Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) (“Yerbaé” or the “Company”), a plant-based energy beverage company, is pleased to announce that it has secured a US$1,000,000 loan pursuant to the terms of a loan agreement (the “Loan Agreement”) dated January 29, 2025 with Maximcash Solutions LLC (“Maximcash”).
globenewswire.com
- 4 months ago
BRAEMAR HOTELS & RESORTS ANNOUNCES EXTENSION OF MORTGAGE LOAN SECURED BY THE RITZ-CARLTON LAKE TAHOE
DALLAS , Jan. 15, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has successfully extended its mortgage loan secured by the 170-room Ritz-Carlton Lake Tahoe. The loan had an initial maturity date in January of 2025 and continues to have a final maturity date in January of 2026.
prnewswire.com
- 5 months ago
ASHFORD HOSPITALITY TRUST ANNOUNCES EXTENSION OF MORTGAGE LOAN SECURED BY THE LE PAVILLON HOTEL
DALLAS , Dec. 19, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully extended its mortgage loan secured by the 226-room Le Pavillon Hotel located in New Orleans, Louisiana. The loan had an initial maturity date in December of 2024 and has two additional one-year extension options, subject to the satisfaction of certain conditions, with a final maturity date in December 2027.
prnewswire.com
- 6 months ago
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 be paid to all shareholders of record on December 31, 2024. The dividend will be paid on January 15, 2025.
globenewswire.com
- 6 months ago
ASHFORD HOSPITALITY TRUST ANNOUNCES MODIFICATION FOR MORTGAGE LOAN
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.
prnewswire.com
- 7 months ago
8. Profile
Summary
Manhattan Bridge Capital, Inc. LOAN
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 57.5 M
Dividend Yield
1.95%
Description
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.
Contact
60 Cutter Mill Road, Great Neck, NY, 11021
https://www.manhattanbridgecapital.com
IPO
Date
May 13, 1999
Employees
6
Officers
Ms. Vanessa Kao
Chief Financial Officer, Vice President, Treasurer, Secretary & Director
Mr. Assaf Ran
Founder, Chairman of the Board, President & Chief Executive Officer
Ms. Hong Zhu
Controller