News articles about Manhattan Bridge Capital (NASDAQ:LOAN) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Manhattan Bridge Capital earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave media stories about the credit services provider an impact score of 47.339688338788 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Manhattan Bridge Capital (LOAN) Posts Quarterly Earnings Results (americanbankingnews.com)
- Manhattan Bridge Capital (LOAN) Given “Buy” Rating at Maxim Group (americanbankingnews.com)
- Emerald Creek’s Mark Bahiri Talks Bridge Lending and Competition (commercialobserver.com)
- Manhattan Bridge Capital misses by $0.01, beats on revenue (seekingalpha.com)
- Manhattan Bridge Capital, Inc. Reports Results for 2017Net Income increases by 21.2% to over $3.4 million (markets.businessinsider.com)
Separately, Maxim Group reaffirmed a “buy” rating and set a $7.50 price target on shares of Manhattan Bridge Capital in a research note on Tuesday, March 20th.
Manhattan Bridge Capital (NASDAQ:LOAN) last released its earnings results on Monday, March 19th. The credit services provider reported $0.10 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.01). The firm had revenue of $1.60 million during the quarter. Manhattan Bridge Capital had a net margin of 58.09% and a return on equity of 15.05%.
The firm also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Tuesday, April 10th will be issued a $0.12 dividend. This is a positive change from Manhattan Bridge Capital’s previous quarterly dividend of $0.11. The ex-dividend date is Monday, April 9th. This represents a $0.48 annualized dividend and a yield of 6.67%. Manhattan Bridge Capital’s dividend payout ratio (DPR) is presently 104.76%.
TRADEMARK VIOLATION NOTICE: “Manhattan Bridge Capital (LOAN) Receiving Somewhat Positive News Coverage, Report Shows” was first reported by Ticker Report and is the property of of Ticker Report. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://www.tickerreport.com/banking-finance/3300087/manhattan-bridge-capital-loan-receiving-somewhat-positive-news-coverage-report-shows.html.
About Manhattan Bridge Capital
Manhattan Bridge Capital, Inc (MBC) is a real estate finance company that specializes in originating, servicing and managing a portfolio of first mortgage loans. The Company offers short-term, secured, non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation or improvement of properties located in the New York metropolitan area.
Receive News & Ratings for Manhattan Bridge Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manhattan Bridge Capital and related companies with MarketBeat.com's FREE daily email newsletter.