Manhattan Bridge Capital (LOAN) AI Stock Analysis

• Market Cap: $58.57M
• Dividend Yield: 8.9%
• Average Volume (3M): 25.74K
• Price to Earnings (P/E): 10.7
• Beta (1Y): 0.07
• Revenue Growth: -5.84%
• EPS Growth: -3.44%
• Country: US
• Employees: 6
• Sector: Real Estate
• Sector Strength: 83
• Industry: REIT - Mortgage
• EPS (TTM): 0.48
• Shares Outstanding: 11,438,651
• 10 Day Avg. Volume: 13,176
• 30 Day Avg. Volume: 25,736
• PEG Ratio: 4.48
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.51
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 11.99
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1

The overall score of 67 reflects strong financial performance with high revenue growth and profitability, offset by technical weaknesses indicating a bearish trend. The valuation is reasonable with a high dividend yield, but potential liquidity challenges and past EBIT losses require attention. The absence of recent earnings guidance or significant corporate events leaves market sentiment as a key uncertainty.

Positive Factors

Credit Quality

Management has remained very disciplined in its credit standards, and since its founding, LOAN has never had to foreclose on a property and has never experienced a loan default.

Interest Margin

The net interest margin (NIM) was up to 8.5% in 1Q25 from 8.4% in 4Q24, suggesting stability and potential growth in profitability.

Pricing Power

Pricing power has improved significantly, reducing competition markedly and improving pricing to 2018 levels, which is a positive factor.

Negative Factors

Loan Origination Caution

Management has been cautious with loan originations due to macroeconomic uncertainty, as reflected in the loan portfolio decreasing by 3.5% in 1Q25.

Loan Portfolio Decrease

The size of the loan portfolio decreased by 4.0% in 4Q24 as loan payoffs exceeded originations.

Loan Portfolio Uncertainty

There is uncertainty about the magnitude of future originations and payoffs, which impacts the size of the loan portfolio and leads to maintaining a Hold rating.

Manhattan Bridge Capital Business Overview & Revenue Model

Company Description

Manhattan Bridge Capital (LOAN) is a real estate finance company based in New York, specializing in originating, servicing, and managing a portfolio of first mortgage loans. The company primarily focuses on short-term, secured, non-banking loans to real estate investors, allowing them to acquire, renovate, or develop residential and commercial properties primarily in the New York metropolitan area. Manhattan Bridge Capital operates within the financial services sector, providing a niche service to real estate developers and investors by offering quick access to capital.

How the Company Makes Money

Manhattan Bridge Capital generates revenue primarily through interest income and origination fees from its portfolio of short-term, secured loans. The company offers loans to real estate investors, developers, and property owners, typically secured by first mortgages on real estate properties. These loans are usually short-term, with high interest rates reflecting the increased risk and expedited nature of the funding. Manhattan Bridge Capital also charges borrowers origination fees, which contribute to its revenue stream. The company's ability to maintain a steady flow of loan originations and manage its portfolio efficiently is crucial to its financial performance. Additionally, the firm may leverage partnerships with real estate brokers and agents to source potential borrowers, further supporting its revenue generation.

Manhattan Bridge Capital Financial Statement Overview

Summary

Manhattan Bridge Capital demonstrates strong revenue growth and profitability, with impressive margins and no debt in the latest period, which is commendable for a mortgage REIT. While the balance sheet and cash flow statements reflect stability, the substantial EBIT loss in 2024 warrants attention. Overall, the company is on a solid financial footing, but potential liquidity constraints and cash outflows need careful management.

Income Statement

The income statement shows strong revenue growth over the years, with a notable increase in total revenue from $5.77 million in 2021 to $8.35 million in TTM 2025. Gross profit margins are consistently high, nearing 100%, which is typical for the REIT industry. The net profit margin has improved to 65.7% in TTM 2025, indicating enhanced profitability. However, there was a significant EBIT loss in 2024, which should be monitored.

Balance Sheet

The balance sheet is solid, with no debt reported in TTM 2025, showcasing a strong financial position. The equity ratio remains stable around 66%, indicating a well-capitalized company. Return on equity (ROE) is impressive at 12.7% in TTM 2025, reflecting efficient use of shareholder funds. However, a decrease in cash and equivalents compared to 2024 suggests potential liquidity challenges.

Cash Flow

The cash flow statement indicates a stable operating cash flow, with a slight decline in free cash flow in TTM 2025 compared to 2024. The operating cash flow to net income ratio remains healthy, indicating good cash generation relative to earnings. However, the high financing cash outflow suggests significant dividend payments or debt repayments that should be monitored for sustainability.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
7.37M	7.30M	6.76M	5.77M	5.66M
	Gross Profit
7.37M	7.27M	6.75M	5.76M	5.66M
	EBIT
-7.93M	5.44M	7.04M	4.42M	4.23M
	EBITDA
0.00	7.97M	7.02M	5.45M	5.57M
	Net Income Common Stockholders
5.59M	5.48M	5.21M	4.42M	4.23M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
178.01M	1.69M	103.54K	142.55K	131.65K
	Total Assets
67.93B	76.43M	76.28M	67.21M	59.84M
	Total Debt
22.55M	31.20M	31.02M	21.65M	26.28M
	Net Debt
22.37M	31.10M	30.92M	21.51M	26.15M
	Total Liabilities
24.66M	33.50M	33.42M	23.82M	27.88M
	Stockholders Equity
43.27B	42.93M	42.86M	43.39M	31.96M
Cash Flow		Free Cash Flow
4.93B	5.60M	5.16M	4.60M	4.21M
	Operating Cash Flow
4.93B	5.61M	5.17M	4.60M	4.22M
	Investing Cash Flow
7.55B	1.43M	-8.77M	-7.62M	-4.61M
	Financing Cash Flow
-13.97B	-5.45M	3.56M	2.70M	726.24K

Manhattan Bridge Capital Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.17
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LOAN, the sentiment is Negative. The current price of 5.17 is below the 20-day moving average (MA) of 5.23, below the 50-day MA of 5.49, and below the 200-day MA of 5.34, indicating a bearish trend. The MACD of -0.11 indicates Negative momentum. The RSI at 41.42 is Neutral, neither overbought nor oversold. The STOCH value of 11.43 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LOAN.

Manhattan Bridge Capital Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LOAN	67 Neutral	$58.57M	10.67	12.70%	8.90%	-5.84%	-3.44%
ACR	63 Neutral	$131.00M	15.22	6.75%	―	-10.14%	235.54%
Sector *	60 Neutral	$2.73B	11.44	0.07%	8661.49%	5.94%	-15.68%
CHMI	55 Neutral	$100.43M	44.22	4.93%	20.27%	18.47%	―
RPT	51 Neutral	$132.55M	―	-7.80%	8.00%	-42.79%	86.97%
GPMT	49 Neutral	$95.36M	―	-28.15%	15.00%	-26.87%	-189.15%
SACH	42 Neutral	$49.68M	―	-19.22%	28.16%	-44.82%	-434.30%