BKF Capital Group (OTCMKTS:BKFG) Issues Quarterly Earnings Results

BKF Capital Group (OTCMKTS:BKFG) issued its quarterly earnings results on Thursday. The financial services provider reported ($0.22) earnings per share (EPS) for the quarter, Zacks reports. BKF Capital Group had a negative return on equity of 5.03% and a negative net margin of 6.62%.The firm had revenue of $1.42 million for the quarter.

BKF Capital Group Stock Performance

BKFG stock remained flat at $94.00 during mid-day trading on Friday. The firm has a fifty day moving average of $94.00 and a 200-day moving average of $71.53. BKF Capital Group has a 52-week low of $45.21 and a 52-week high of $99.00. The company has a market capitalization of $54.52 million, a price-to-earnings ratio of -128.77 and a beta of -0.41.

BKF Capital Group Company Profile

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.