Mortgage Advice Bureau (LON:MAB1) Issues Earnings Results

Mortgage Advice Bureau (LON:MAB1) posted its quarterly earnings data on Tuesday. The company reported GBX 44.50 earnings per share for the quarter, Digital Look Earnings reports. Mortgage Advice Bureau had a net margin of 6.55% and a return on equity of 25.99%.

Mortgage Advice Bureau Stock Performance

MAB1 stock opened at GBX 542.18 on Tuesday. Mortgage Advice Bureau has a 1-year low of GBX 534 and a 1-year high of GBX 924. The business has a 50-day moving average price of GBX 679.60 and a 200 day moving average price of GBX 686.24. The company has a market capitalization of £314.58 million, a P/E ratio of 16.58, a PEG ratio of 0.81 and a beta of 1.09. The company has a debt-to-equity ratio of 9.51, a current ratio of 0.74 and a quick ratio of 2.21.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,150 target price on shares of Mortgage Advice Bureau in a research note on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Mortgage Advice Bureau has an average rating of “Buy” and a consensus price target of GBX 1,150.

Insider Transactions at Mortgage Advice Bureau

In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach bought 231 shares of the business’s stock in a transaction on Friday, January 30th. The shares were acquired at an average price of GBX 805 per share, with a total value of £1,859.55. 24.30% of the stock is currently owned by insiders.

About Mortgage Advice Bureau

MAB is one of the UK’s leading consumer intermediary brands and specialist networks for mortgage advisers.

Through its partner firms known as Appointed Representatives (ARs), MAB has approximately 2,000 advisers providing expert advice to customers on a range of mortgage, specialist lending, protection, and general insurance products. MAB supports its AR firms with proprietary technology and services, including adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.