BKF Capital Group (OTCMKTS:BKFG) Posts Earnings Results

BKF Capital Group (OTCMKTS:BKFG) issued its quarterly earnings data on Monday. The financial services provider reported ($0.72) earnings per share (EPS) for the quarter, Zacks reports. BKF Capital Group had a negative return on equity of 3.32% and a negative net margin of 4.28%.The company had revenue of $1.49 million for the quarter.

BKF Capital Group Stock Performance

Shares of BKFG remained flat at $94.00 during midday trading on Wednesday. BKF Capital Group has a 12-month low of $45.21 and a 12-month high of $99.00. The company’s 50-day moving average is $90.24 and its 200 day moving average is $59.54. The stock has a market capitalization of $54.52 million, a P/E ratio of -191.84 and a beta of -0.49.

About BKF Capital Group

BKF Capital Group (OTCMKTS:BKFG) is a real estate investment company specializing in the acquisition, management and disposition of residential mortgage loans and related mortgage servicing rights. The firm targets both non-performing and re-performing residential loan portfolios, purchasing these assets from financial institutions, government-sponsored enterprises and servicers. By acquiring distressed loans at a discount, BKF Capital Group seeks to generate returns through loan workouts, modifications and eventual loan sales.

Once loans are acquired, BKF Capital Group employs its in-house servicing platform to manage borrower relationships, implement loss mitigation strategies and pursue portfolio optimization.