Manhattan Bridge Capital (LOAN) AI Stock Analysis

• Market Cap: $63.48M
• Dividend Yield: 8.38%
• Average Volume (3M): 22.78K
• Price to Earnings (P/E): 11.6
• Beta (1Y): 0.02
• Revenue Growth: -7.13%
• EPS Growth: -3.24%
• Country: US
• Employees: 6
• Sector: Real Estate
• Sector Strength: 59
• Industry: REIT - Mortgage
• EPS (TTM): 0.12
• Shares Outstanding: 11,438,651
• 10 Day Avg. Volume: 18,316
• 30 Day Avg. Volume: 22,780
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.34
• Enterprise Value/Revenue: 10.87
• Enterprise Value/Gross Profit: 10.89
• Enterprise Value/Ebitda: 25.47
• 1Y Price Target: $6.00
• Price Target Upside: 6.57% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: $6.50 ▲(15.45% Upside)

The overall stock score of 71 reflects strong financial performance and attractive valuation, which are the most significant factors. However, technical indicators suggest caution due to overbought conditions, which could lead to short-term volatility. The absence of recent earnings call insights and corporate events means these factors do not influence the score.

Positive Factors

Credit Quality

Management's disciplined credit standards have resulted in LOAN never having to foreclose on a property or experience a loan default.

Loan Portfolio Growth

The loan portfolio increased by 2.4% as new loan originations outpaced loan payoffs.

Pricing Power

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

Negative Factors

Loan Portfolio Decrease

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

Uncertainty in Loan Origination

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

Manhattan Bridge Capital Business Overview & Revenue Model

Company Description

Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) is a New York-based real estate finance company primarily focused on originating, servicing, and managing a portfolio of first mortgage loans. The company specializes in short-term, secured, non-banking loans, commonly referred to as 'hard money' loans, to real estate investors looking to acquire, renovate, or develop residential and commercial properties in the Greater New York Metropolitan area.

How the Company Makes Money

Manhattan Bridge Capital makes money by originating and servicing short-term, secured loans to real estate investors. The company earns revenue primarily through the interest charged on these loans, which typically have higher rates than traditional bank financing due to their short-term nature and higher risk profile. Additionally, the company collects origination fees, which are upfront charges for processing a new loan application. The company's earnings are also supported by the repayment of principal amounts on these loans. This business model benefits from a strong real estate market and the demand for quick, flexible financing solutions among property investors.

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	9.69M	7.30M	6.76M	5.77M	5.66M
Gross Profit	7.37M	7.27M	6.75M	5.76M	5.66M
EBITDA	7.92M	7.97M	7.02M	5.45M	5.57M
Net Income	5.59M	5.48M	5.21M	4.42M	4.23M
Balance Sheet
Total Assets	67.93M	76.43M	76.28M	67.21M	59.84M
Cash, Cash Equivalents and Short-Term Investments	178.01M	1.69M	103.54K	142.55K	131.65K
Total Debt	22.55M	31.20M	31.02M	21.65M	26.28M
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	4.93M	5.60M	5.16M	4.60M	4.21M
Operating Cash Flow	4.93M	5.61M	5.17M	4.60M	4.22M
Investing Cash Flow	7.55M	1.43M	-8.77M	-7.62M	-4.61M
Financing Cash Flow	-13.97M	-5.45M	3.56M	2.70M	726.24K

Manhattan Bridge Capital Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.63
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LOAN, the sentiment is Positive. The current price of 5.63 is above the 20-day moving average (MA) of 5.48, above the 50-day MA of 5.31, and above the 200-day MA of 5.24, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 57.30 is Neutral, neither overbought nor oversold. The STOCH value of 73.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LOAN.

Manhattan Bridge Capital Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LOAN	71 Outperform	$63.48M	11.56	12.68%	8.38%	-7.13%	-3.24%
ACR	63 Neutral	$144.85M	66.03	5.05%	―	-15.82%	-98.23%
Sector *	53 Neutral	$1.19B	3.49	-2.22%	6.01%	-2.19%	-157.35%
CHMI	50 Neutral	$93.08M	43.78	-2.83%	21.51%	0.33%	-37.48%
RPT	50 Neutral	$120.82M	―	-2.52%	9.09%	-42.79%	86.97%
GPMT	49 Neutral	$123.43M	―	-14.12%	6.99%	-26.87%	-189.15%
SACH	47 Neutral	$54.92M	―	-18.82%	19.83%	-55.51%	-493.18%

Manhattan Bridge Capital Corporate Events

Manhattan Bridge Capital Holds 2025 Shareholder Meeting

On June 18, 2025, Manhattan Bridge Capital, Inc. held its 2025 Annual Meeting of Shareholders, where key decisions were made regarding the company’s governance and financial oversight. Shareholders elected directors to serve until the next annual meeting, approved the appointment of Hoberman & Lesser, LLP as independent auditors for 2025, and voted on executive compensation matters. Notably, it was decided that advisory votes on executive compensation will occur every three years, with the next vote scheduled for the 2028 annual meeting.