Mortgage Advice Bureau (LON:MAB1) Announces Earnings Results

Mortgage Advice Bureau (LON:MAB1 – Get Free Report) released its earnings results on Wednesday. The company reported GBX 6.30 EPS for the quarter, Digital Look Earnings reports. Mortgage Advice Bureau had a net margin of 3.59% and a return on equity of 16.94%.

Mortgage Advice Bureau Stock Performance

Shares of Mortgage Advice Bureau stock opened at GBX 354.18 on Friday. Mortgage Advice Bureau has a fifty-two week low of GBX 350 and a fifty-two week high of GBX 818. The company has a debt-to-equity ratio of 43.59, a current ratio of 0.60 and a quick ratio of 2.21. The firm has a market capitalization of £204.05 million, a P/E ratio of 13.73, a P/E/G ratio of 0.81 and a beta of 1.03. The company’s 50 day moving average price is GBX 485.43 and its two-hundred day moving average price is GBX 521.38.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 975 price objective on shares of Mortgage Advice Bureau in a research note on Tuesday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Mortgage Advice Bureau currently has a consensus rating of “Buy” and a consensus target price of GBX 975.

Check Out Our Latest Report on Mortgage Advice Bureau

Insider Activity

In related news, insider Nathan James McLean Imlach purchased 369 shares of the stock in a transaction dated Tuesday, June 30th. The stock was bought at an average cost of GBX 520 per share, for a total transaction of £1,918.80. Insiders have acquired 763 shares of company stock worth $398,138 in the last three months. 24.49% of the stock is currently owned by corporate insiders.

About Mortgage Advice Bureau

(Get Free Report)

MAB is a leading UK property finance platform that connects customers, advisers, lenders, and insurers throughout the homeownership journey. Through its scalable, technology-driven intermediary model, MAB delivers personalised mortgage and protection advice via its proprietary platform, supported by deep customer insight and a data-rich, digitally enabled framework.

Through its partner firms, known as Appointed Representatives (ARs), MAB has over 2,100 advisers providing expert advice across mortgages, specialist lending, protection and general insurance products.

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Earnings History for Mortgage Advice Bureau (LON:MAB1)

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