Mortgage Advice Bureau (LON:MAB1 – Get 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.
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:
- Positive Sentiment: Revenue and mortgage completions increased. First-half revenue rose 8.6% to £161 million, while mortgage completions reached £16.5 billion, demonstrating continued demand for the group’s advice and distribution services. Mortgage Advice Bureau H1 Revenue Rises 8.6% to £161 Million as Mortgage Completions Reach £16.5 Billion
- Positive Sentiment: Adjusted profit improved despite market challenges. Reports indicated that adjusted profit increased, while the company delivered quarterly EPS of 6.30 pence, a 16.94% return on equity and a 3.59% net margin. Mortgage Advice Bureau Quarterly Results Slide Deck
- Positive Sentiment: Berenberg reaffirmed its Buy rating and maintained a GBX 975 price target. The target implies substantial upside from the current share price and signals that the broker views the company’s longer-term prospects favorably. Berenberg Affirms Mortgage Advice Bureau’s Buy Rating
- Neutral Sentiment: Analyst support contrasts with weaker reported income. Although revenue and adjusted profit rose, separate coverage highlighted a decline in first-half income, leaving investors focused on the quality and sustainability of earnings growth. Mortgage Advice Bureau H1 Income Falls
- Negative Sentiment: UK property-market weakness remains the key concern. Challenging housing conditions are weighing on activity and investor confidence, even as completions and revenue grow. Mortgage Advice Bureau Suffers With UK Property but Adjusted Profit Up
- Negative Sentiment: Technical momentum has deteriorated. Shares moved below the 50-day moving average, reinforcing near-term selling pressure and adding to concerns following the company’s results. Mortgage Advice Bureau Stock Price Passes Below Fifty Day Moving Average
Mortgage Advice Bureau Company Profile
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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