Mortgage Advice Bureau (LON:MAB1) Posts Quarterly Earnings Results

Mortgage Advice Bureau (LON:MAB1Get Free Report) posted its quarterly earnings results on Wednesday. The company reported GBX 6.30 EPS for the quarter, Digital Look Earnings reports. Mortgage Advice Bureau had a return on equity of 16.94% and a net margin of 3.59%.

Mortgage Advice Bureau Price Performance

MAB1 opened at GBX 374.50 on Wednesday. The business has a fifty day moving average of GBX 492.21 and a 200 day moving average of GBX 524.53. The stock has a market cap of £215.76 million, a P/E ratio of 14.52, a PEG ratio of 0.81 and a beta of 1.03. The company has a quick ratio of 2.21, a current ratio of 0.60 and a debt-to-equity ratio of 43.59. Mortgage Advice Bureau has a 52-week low of GBX 350 and a 52-week high of GBX 818.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 975 target price on shares of Mortgage Advice Bureau in a research report on Tuesday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 975.

View Our Latest Research Report on MAB1

Insider Buying and Selling at Mortgage Advice Bureau

In related news, insider Nathan James McLean Imlach purchased 366 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were purchased at an average cost of GBX 523 per share, for a total transaction of £1,914.18. Insiders acquired 763 shares of company stock worth $398,138 in the last ninety days. 24.49% of the stock is currently owned by company insiders.

More Mortgage Advice Bureau News

Here are the key news stories impacting Mortgage Advice Bureau this week:

Mortgage Advice Bureau Company Profile

(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.

Further Reading

Earnings History for Mortgage Advice Bureau (LON:MAB1)

Receive News & Ratings for Mortgage Advice Bureau Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mortgage Advice Bureau and related companies with MarketBeat.com's FREE daily email newsletter.