Manhattan Bridge Capital (LOAN)
Market Price (6/23/2026): $4.4 | Market Cap: $50.3 MilSector: Financials | Industry: Mortgage REITs
Manhattan Bridge Capital (LOAN)
Market Price (6/23/2026): $4.4Market Cap: $50.3 MilSector: FinancialsIndustry: Mortgage REITs
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 20%, Dividend Yield is 10%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 16%, FCF Yield is 9.9% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 74%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 74% Low stock price volatilityVol 12M is 23% Megatrend and thematic driversMegatrends include Digital & Alternative Assets. Themes include Private Credit. | Weak multi-year price returns2Y Excs Rtn is -34%, 3Y Excs Rtn is -55% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.6%, Rev Chg QQuarterly Revenue Change % is -6.7% Key risksLOAN key risks include [1] a reliance on available funds to originate new loans and [2] the high geographic concentration of its loan portfolio in the New York metropolitan area. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 20%, Dividend Yield is 10%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 16%, FCF Yield is 9.9% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 74%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 74% |
| Low stock price volatilityVol 12M is 23% |
| Megatrend and thematic driversMegatrends include Digital & Alternative Assets. Themes include Private Credit. |
| Weak multi-year price returns2Y Excs Rtn is -34%, 3Y Excs Rtn is -55% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.6%, Rev Chg QQuarterly Revenue Change % is -6.7% |
| Key risksLOAN key risks include [1] a reliance on available funds to originate new loans and [2] the high geographic concentration of its loan portfolio in the New York metropolitan area. |
Qualitative Assessment
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Manhattan Bridge Capital (LOAN) stock has gained about 5% since 2/28/2026 because of the following key factors:
1. Declining Q1 2026 Financial Performance Amid Challenging Lending Environment.
Manhattan Bridge Capital reported a decline in its first-quarter 2026 financial results, with diluted earnings per share falling 7.2% to $0.11 from $0.12 in Q1 2025, and revenue decreasing 9.1% to $2.1 million from $2.3 million in the prior-year period. Net income for the quarter was $1.3 million, down from $1.37 million a year ago. The company attributed these declines to a challenging lending environment, reduced interest income from a lower volume of loans receivable, and decreased loan origination activity.
2. Sustained High Dividend Yield with Coverage Concerns.
The company continued to declare a quarterly dividend of $0.11 per share, reflecting a high annual dividend yield of approximately 10.38% to 10.73% during the period. While attractive to income-focused investors, this dividend is not fully covered by earnings, with a payout ratio of 105%, and barely covered by cash flows at 100%, raising concerns about its long-term sustainability given the recent decline in net income.
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Manhattan Bridge Capital (LOAN) stock has gained about 5% since 2/28/2026 because of the following key factors:
1. Declining Q1 2026 Financial Performance Amid Challenging Lending Environment.
Manhattan Bridge Capital reported a decline in its first-quarter 2026 financial results, with diluted earnings per share falling 7.2% to $0.11 from $0.12 in Q1 2025, and revenue decreasing 9.1% to $2.1 million from $2.3 million in the prior-year period. Net income for the quarter was $1.3 million, down from $1.37 million a year ago. The company attributed these declines to a challenging lending environment, reduced interest income from a lower volume of loans receivable, and decreased loan origination activity.
2. Sustained High Dividend Yield with Coverage Concerns.
The company continued to declare a quarterly dividend of $0.11 per share, reflecting a high annual dividend yield of approximately 10.38% to 10.73% during the period. While attractive to income-focused investors, this dividend is not fully covered by earnings, with a payout ratio of 105%, and barely covered by cash flows at 100%, raising concerns about its long-term sustainability given the recent decline in net income.
3. Mixed Macroeconomic Conditions in Real Estate Lending.
The broader real estate lending market experienced mixed signals during the period. The Federal Reserve maintained interest rates unchanged between 3.50% and 3.75% through the first three meetings of 2026, contributing to a measured lending environment. Mortgage rates initially dipped but then climbed back into the 6.5% range due to geopolitical tensions. Overall residential mortgage lending slowed in Q1 2026, with total originations falling 13% from the previous quarter, though buyer activity started to pick up as rates edged lower. Commercial real estate (CRE) lending standards for multifamily construction and development remained largely unchanged, but demand for these loans was weaker. CMBS loan delinquency rates saw an uptick, reaching 7.7% in May from 7.6% in April.
4. "Hold" Analyst Consensus Despite Implied Upside.
Analyst coverage for Manhattan Bridge Capital maintained a "Hold" consensus rating. While analysts have projected an average 12-month price target ranging from $7.00 to $7.35, which implies a significant upside from the stock's trading price around $4.20-$4.40 during the period, the prevailing "Hold" recommendation indicates a cautious stance, potentially offsetting strong buying pressure and contributing to the stock's stable movement.
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Stock Movement Drivers
Fundamental Drivers
The 3.2% change in LOAN stock from 2/28/2026 to 6/22/2026 was primarily driven by a 8.9% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.28 | 4.42 | 3.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 7 | 7 | -4.9% |
| Net Income Margin (%) | 74.0% | 73.7% | -0.5% |
| P/E Multiple | 9.3 | 10.1 | 8.9% |
| Shares Outstanding (Mil) | 11 | 11 | 0.1% |
| Cumulative Contribution | 3.2% |
Market Drivers
2/28/2026 to 6/22/2026| Return | Correlation | |
|---|---|---|
| LOAN | 3.2% | |
| Market (SPY) | 8.8% | 2.8% |
| Sector (XLF) | 5.0% | -7.3% |
Fundamental Drivers
The -1.8% change in LOAN stock from 11/30/2025 to 6/22/2026 was primarily driven by a -4.9% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 11302025 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.50 | 4.42 | -1.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 7 | 7 | -4.9% |
| Net Income Margin (%) | 74.0% | 73.7% | -0.5% |
| P/E Multiple | 9.7 | 10.1 | 3.7% |
| Shares Outstanding (Mil) | 11 | 11 | 0.1% |
| Cumulative Contribution | -1.8% |
Market Drivers
11/30/2025 to 6/22/2026| Return | Correlation | |
|---|---|---|
| LOAN | -1.8% | |
| Market (SPY) | 9.5% | 5.9% |
| Sector (XLF) | 1.6% | 2.6% |
Fundamental Drivers
The -7.1% change in LOAN stock from 5/31/2025 to 6/22/2026 was primarily driven by a -6.9% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 5312025 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.76 | 4.42 | -7.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 7 | 7 | -6.9% |
| Net Income Margin (%) | 75.1% | 73.7% | -1.9% |
| P/E Multiple | 9.9 | 10.1 | 1.6% |
| Shares Outstanding (Mil) | 11 | 11 | 0.1% |
| Cumulative Contribution | -7.1% |
Market Drivers
5/31/2025 to 6/22/2026| Return | Correlation | |
|---|---|---|
| LOAN | -7.1% | |
| Market (SPY) | 27.7% | 7.4% |
| Sector (XLF) | 7.0% | 12.6% |
Fundamental Drivers
The 19.7% change in LOAN stock from 5/31/2023 to 6/22/2026 was primarily driven by a 19.9% change in the company's P/E Multiple.| (LTM values as of) | 5312023 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.69 | 4.42 | 19.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 7 | 7 | 1.1% |
| Net Income Margin (%) | 75.0% | 73.7% | -1.7% |
| P/E Multiple | 8.4 | 10.1 | 19.9% |
| Shares Outstanding (Mil) | 11 | 11 | 0.6% |
| Cumulative Contribution | 19.7% |
Market Drivers
5/31/2023 to 6/22/2026| Return | Correlation | |
|---|---|---|
| LOAN | 19.7% | |
| Market (SPY) | 85.1% | 12.8% |
| Sector (XLF) | 77.5% | 16.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| LOAN Return | 14% | 6% | 2% | 22% | -9% | -4% | 32% |
| Peers Return | 12% | -29% | 9% | 5% | -9% | -4% | -20% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 100% |
Monthly Win Rates [3] | |||||||
| LOAN Win Rate | 67% | 50% | 25% | 50% | 50% | 33% | |
| Peers Win Rate | 57% | 42% | 47% | 58% | 53% | 40% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| LOAN Max Drawdown | -30% | -16% | -22% | -9% | -22% | -13% | |
| Peers Max Drawdown | -22% | -44% | -36% | -16% | -38% | -27% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DX, TWO, IVR, RC, LFT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/22/2026 (YTD)
How Low Can It Go
| Event | LOAN | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -12.1% | -18.8% |
| % Gain to Breakeven | 13.7% | 23.1% |
| Time to Breakeven | 81 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -15.5% | -6.7% |
| % Gain to Breakeven | 18.3% | 7.1% |
| Time to Breakeven | 302 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -54.8% | -33.7% |
| % Gain to Breakeven | 121.4% | 50.9% |
| Time to Breakeven | 361 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -11.7% | -19.2% |
| % Gain to Breakeven | 13.2% | 23.8% |
| Time to Breakeven | 70 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -27.6% | -3.7% |
| % Gain to Breakeven | 38.2% | 3.9% |
| Time to Breakeven | 285 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -14.2% | -12.2% |
| % Gain to Breakeven | 16.5% | 13.9% |
| Time to Breakeven | 7 days | 62 days |
In The Past
Manhattan Bridge Capital's stock fell -12.1% during the 2025 US Tariff Shock. Such a loss loss requires a 13.7% gain to breakeven.
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Asset Allocation
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| Event | LOAN | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -54.8% | -33.7% |
| % Gain to Breakeven | 121.4% | 50.9% |
| Time to Breakeven | 361 days | 140 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -27.6% | -3.7% |
| % Gain to Breakeven | 38.2% | 3.9% |
| Time to Breakeven | 285 days | 6 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -23.4% | -17.9% |
| % Gain to Breakeven | 30.6% | 21.8% |
| Time to Breakeven | 43 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -55.5% | -53.4% |
| % Gain to Breakeven | 125.0% | 114.4% |
| Time to Breakeven | 447 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -27.2% | -8.6% |
| % Gain to Breakeven | 37.4% | 9.5% |
| Time to Breakeven | 2183 days | 47 days |
In The Past
Manhattan Bridge Capital's stock fell -12.1% during the 2025 US Tariff Shock. Such a loss loss requires a 13.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Manhattan Bridge Capital (LOAN)
Manhattan Bridge Capital, Inc. (LOAN) is a real estate finance company that primarily originates, services, and manages a portfolio of first mortgage loans. Operating as a Real Estate Investment Trust (REIT), the company's core business involves providing specialized financing within the real estate sector.
The company's main offering is short-term, secured, non-banking loans, which are extended to real estate investors. These loans are designed to fund various property ventures, including the acquisition, renovation, rehabilitation, or general enhancement of properties. Each loan is principally secured by real estate collateral and further strengthened by personal guarantees from the borrowers' principals. Manhattan Bridge Capital primarily serves real estate investors located in the New York metropolitan area, including New Jersey and Connecticut, as well as in Florida.
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Here are 1-3 brief analogies to describe Manhattan Bridge Capital (LOAN):
- Think of it as a highly specialized, smaller Starwood Property Trust (STWD), focusing on originating short-term, secured loans for real estate investors.
- It's like SoFi (SOFI) or Upstart (UPST), but exclusively providing quick, secured mortgage loans to real estate investors for property acquisitions and renovations.
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- First Mortgage Loans: Manhattan Bridge Capital provides short-term, secured loans to real estate investors for property acquisition, renovation, rehabilitation, or enhancement.
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Manhattan Bridge Capital (LOAN) primarily serves real estate investors rather than large, publicly traded companies. Given the nature of its short-term, secured, non-banking loans and the requirement for personal guarantees from borrower principals, its customers typically fall into the following categories:
- Individual Real Estate Investors and Small-Scale Developers: These customers include individuals or small business entities (e.g., LLCs, partnerships) who are actively involved in acquiring, renovating, rehabilitating, or enhancing residential and commercial properties. They seek short-term financing to fund the various stages of their real estate projects, from acquisition to improvement.
- Real Estate Businesses Needing Bridge Financing: This category encompasses various real estate entrepreneurs and small companies that require temporary, secured loans to bridge gaps in their funding. This might include capital for immediate property acquisitions, covering costs during renovation, or managing cash flow until a property is sold or a longer-term financing solution is secured.
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The key risks to Manhattan Bridge Capital (LOAN) are primarily associated with the nature of its real estate lending business and its market focus:
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Credit Risk and Real Estate Market Downturns: As a real estate finance company, Manhattan Bridge Capital's core business involves originating, servicing, and managing a portfolio of first mortgage loans primarily secured by real estate. A significant risk stems from the potential for borrowers to default on their loans. While these loans are secured by real estate collateral and accompanied by personal guarantees, a downturn in the real estate markets in which the company operates (primarily the New York metropolitan area and Florida) could lead to a decrease in the value of this collateral. This could result in greater losses for the company if foreclosed properties cannot be sold for amounts sufficient to cover the outstanding loan balances. The success of their borrowers in property acquisition, renovation, rehabilitation, or development is also highly dependent on favorable real estate market conditions.
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Geographic Concentration Risk: Manhattan Bridge Capital focuses its lending activities on specific geographic regions, specifically the New York metropolitan area (including New Jersey and Connecticut) and Florida. This geographic concentration exposes the company to a higher degree of risk from adverse economic or real estate market conditions within these particular areas. Localized downturns, changes in regional regulations, or other events specific to these markets could disproportionately impact the value of its collateral and the ability of its borrowers to repay loans, leading to increased loan defaults and reduced profitability.
-
Interest Rate Risk: As a lender providing short-term, non-banking loans, Manhattan Bridge Capital is susceptible to fluctuations in interest rates. Changes in prevailing interest rates can influence the demand for its loans, as higher rates may deter potential borrowers or increase the financial burden on existing ones, potentially leading to higher default rates. Additionally, if the company relies on variable-rate funding for its operations, rising interest rates could increase its cost of capital, thereby impacting its net interest margin and overall profitability. Bridge loans, which the company originates, often carry higher interest rates due to their higher-risk nature and shorter terms, meaning borrowers unable to secure permanent financing could incur substantial interest costs or face difficulty repaying.
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Manhattan Bridge Capital (symbol: LOAN) operates in the private lending market for real estate investors in the New York metropolitan area (including New Jersey and Connecticut) and Florida. The addressable markets for their main products or services are as follows:
- Connecticut: The approximate volume of private mortgage loans secured by investment real estate funded by private lenders in Connecticut for 2025 was approximately $627.5 million.
- New Jersey: The approximate volume of hard money loans secured by investment real estate in New Jersey funded by hard money lenders for the first three quarters of 2025 was approximately $2.21 billion.
- New York Metropolitan Area (specifically New York-Newark-Jersey City MSA): The approximate volume of private mortgage loans secured by investment real estate funded by private lenders for the first three quarters of 2025 was approximately $3.46 billion.
- Florida: Null
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Share Repurchases
- The Board of Directors authorized a common stock repurchase plan in November 2025, allowing the company to buy back up to 100,000 common shares over the subsequent twelve months at prevailing market prices.
- During the three months ended June 30, 2024, the company reported purchases of treasury shares amounting to $9,800.
- For the six months ended June 30, 2023, treasury share purchases totaled $164,806.
Share Issuance
No significant public common share issuance programs or large-scale equity offerings by Manhattan Bridge Capital have been specifically identified within the last 3-5 years based on the available information.Inbound Investments
- In February 2026, Manhattan Bridge Capital amended its credit and security agreement, increasing its revolving credit note with Webster Bank from $15,000,000 to $22,500,000, enhancing its borrowing capacity.
- In November 2025, MBC Funding II Corp., a subsidiary, announced the redemption of $6,000,000 in 6.00% Senior Secured Notes due April 22, 2026, which represents a repayment of a debt facility rather than an inbound investment.
Outbound Investments
Manhattan Bridge Capital’s primary business is originating, servicing, and managing a portfolio of first mortgage loans to real estate investors, rather than making strategic investments in other companies. No significant strategic investments in other companies have been identified.Capital Expenditures
- For the three months ended June 30, 2024, the company reported purchases of fixed assets totaling $1,191.
- Purchases of fixed assets for the six months ended June 30, 2023, amounted to $5,085.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Is Manhattan Bridge Capital Stock Built to Withstand a Pullback? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 6.11 |
| Mkt Cap | 0.6 |
| Rev LTM | 81 |
| Op Inc LTM | - |
| FCF LTM | 164 |
| FCF 3Y Avg | 92 |
| CFO LTM | 164 |
| CFO 3Y Avg | 179 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.5% |
| Rev Chg 3Y Avg | 166.1% |
| Rev Chg Q | -9.1% |
| QoQ Delta Rev Chg LTM | -18.3% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 67.1% |
| CFO/Rev 3Y Avg | 74.9% |
| FCF/Rev LTM | 67.1% |
| FCF/Rev 3Y Avg | 57.4% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Originating, servicing, and managing short-term secured commercial loans to real estate investors | 9 | 10 | 10 | ||
| Single Segment | 7 | 6 | |||
| Total | 9 | 10 | 10 | 7 | 6 |
| $ Mil | 2025 | 2024 | 2023 |
|---|---|---|---|
| Originating, servicing, and managing short-term secured commercial loans to real estate investors | 5 | 6 | 5 |
| Total | 5 | 6 | 5 |
Price Behavior
| Market Price | $4.42 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 05/13/1999 | |
| Distance from 52W High | -16.9% | |
| 50 Days | 200 Days | |
| DMA Price | $4.34 | $4.53 |
| DMA Trend | down | indeterminate |
| Distance from DMA | 2.0% | -2.5% |
| 3M | 1YR | |
| Volatility | 25.0% | 22.6% |
| Downside Capture | 34.30 | 45.41 |
| Upside Capture | 39.03 | 23.72 |
| Correlation (SPY) | -3.7% | 7.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.22 | -0.14 | 0.04 | 0.11 | 0.14 | 0.20 |
| Up Beta | -0.46 | -1.65 | -0.79 | -0.35 | -0.17 | 0.15 |
| Down Beta | -0.13 | 0.10 | 0.02 | 0.18 | -0.13 | 0.25 |
| Up Capture | 9% | 31% | 26% | 12% | 15% | 5% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 8 | 19 | 30 | 54 | 114 | 355 |
| Down Capture | 117% | 201% | 57% | 43% | 59% | 41% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 10 | 19 | 29 | 59 | 121 | 348 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LOAN | |
|---|---|---|---|---|
| LOAN | -7.5% | 22.5% | -0.42 | - |
| Sector ETF (XLF) | 8.6% | 14.6% | 0.35 | 12.6% |
| Equity (SPY) | 26.1% | 12.4% | 1.59 | 7.2% |
| Gold (GLD) | 24.1% | 27.5% | 0.77 | 12.2% |
| Commodities (DBC) | 18.5% | 18.8% | 0.77 | -2.7% |
| Real Estate (VNQ) | 11.8% | 13.8% | 0.57 | 9.8% |
| Bitcoin (BTCUSD) | -40.2% | 42.5% | -1.09 | 9.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LOAN | |
|---|---|---|---|---|
| LOAN | -0.1% | 26.2% | -0.01 | - |
| Sector ETF (XLF) | 9.5% | 18.6% | 0.39 | 18.9% |
| Equity (SPY) | 13.4% | 17.1% | 0.61 | 16.6% |
| Gold (GLD) | 17.1% | 18.3% | 0.76 | 9.0% |
| Commodities (DBC) | 7.5% | 19.4% | 0.28 | 9.0% |
| Real Estate (VNQ) | 2.1% | 18.9% | 0.01 | 16.6% |
| Bitcoin (BTCUSD) | 9.4% | 54.1% | 0.37 | 11.7% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LOAN | |
|---|---|---|---|---|
| LOAN | 7.9% | 34.4% | 0.31 | - |
| Sector ETF (XLF) | 13.2% | 22.2% | 0.54 | 27.5% |
| Equity (SPY) | 15.4% | 18.0% | 0.73 | 23.8% |
| Gold (GLD) | 12.2% | 16.1% | 0.62 | 3.9% |
| Commodities (DBC) | 6.0% | 18.0% | 0.26 | 11.9% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 27.8% |
| Bitcoin (BTCUSD) | 59.9% | 66.8% | 1.00 | 8.7% |
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Returns Analyses
Earnings Returns History
Updated 6/3/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 04/16/2026 | 10-Q |
| 12/31/2025 | 03/27/2026 | 10-K |
| 09/30/2025 | 10/24/2025 | 10-Q |
| 06/30/2025 | 07/22/2025 | 10-Q |
| 03/31/2025 | 04/24/2025 | 10-Q |
| 12/31/2024 | 03/12/2025 | 10-K |
| 09/30/2024 | 10/23/2024 | 10-Q |
| 06/30/2024 | 07/22/2024 | 10-Q |
| 03/31/2024 | 04/23/2024 | 10-Q |
| 12/31/2023 | 03/11/2024 | 10-K |
| 09/30/2023 | 10/24/2023 | 10-Q |
| 06/30/2023 | 07/20/2023 | 10-Q |
| 03/31/2023 | 04/19/2023 | 10-Q |
| 12/31/2022 | 03/10/2023 | 10-K |
| 09/30/2022 | 10/21/2022 | 10-Q |
| 06/30/2022 | 07/22/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 04/16/2026 | 10-Q |
| 12/31/2025 | 03/27/2026 | 10-K |
| 09/30/2025 | 10/24/2025 | 10-Q |
| 06/30/2025 | 07/22/2025 | 10-Q |
| 03/31/2025 | 04/24/2025 | 10-Q |
| 12/31/2024 | 03/12/2025 | 10-K |
| 09/30/2024 | 10/23/2024 | 10-Q |
| 06/30/2024 | 07/22/2024 | 10-Q |
| 03/31/2024 | 04/23/2024 | 10-Q |
| 12/31/2023 | 03/11/2024 | 10-K |
| 09/30/2023 | 10/24/2023 | 10-Q |
| 06/30/2023 | 07/20/2023 | 10-Q |
| 03/31/2023 | 04/19/2023 | 10-Q |
| 12/31/2022 | 03/10/2023 | 10-K |
| 09/30/2022 | 10/21/2022 | 10-Q |
| 06/30/2022 | 07/22/2022 | 10-Q |
| 03/31/2022 | 04/14/2022 | 10-Q |
| 12/31/2021 | 03/11/2022 | 10-K |
| 09/30/2021 | 10/20/2021 | 10-Q |
| 06/30/2021 | 07/23/2021 | 10-Q |
| 03/31/2021 | 04/14/2021 | 10-Q |
| 12/31/2020 | 03/11/2021 | 10-K |
| 09/30/2020 | 10/20/2020 | 10-Q |
| 06/30/2020 | 07/23/2020 | 10-Q |
| 03/31/2020 | 04/13/2020 | 10-Q |
| 12/31/2019 | 03/17/2020 | 10-K |
| 09/30/2019 | 10/21/2019 | 10-Q |
| 06/30/2019 | 07/26/2019 | 10-Q |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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