MMAB could break out of this trading range and make a move. Needs some buying pressure. Adding to watch list.
Municipal Mortgage & Equity, LLC
621 East Pratt Street
Suite 300
Baltimore, MD 21202
United States - Map
Phone: 443-263-2900
Fax: 410-727-5387
Web Site:
Municipal Mortgage and Equity, LLC
DETAILS
Index Membership: N/A
Sector:
Industry:
Full Time Employees: NaN
BUSINESS SUMMARY
Municipal Mortgage & Equity, LLC, together with its subsidiaries, arranges and provides debt and equity financing for developers and owners of multifamily and commercial real estate, and clean energy projects. The company operates in three segments: Affordable Housing, Real Estate, and Renewable Ventures. The Affordable Housing segment offers activities related to affordable housing, such as tax credit equity, which creates investment funds for investors that receive tax credits for investing in affordable housing partnerships; affordable bonds, which originates and invests in tax-exempt bonds; and affordable debt, which originates and invests in loans. The Real Estate segment conducts real estate finance activities, which comprises agency lending that originates both market rate and affordable housing multifamily loans, and the Federal Home Loan Mortgage Corporation, which sells the permanent loans to third party investors and the loans are guaranteed by the Government National Mortgage Association and insured by the United States Department of Housing and Urban Development; and merchant banking, which provides loan and bond originations, loan servicing, asset management, investment advisory, and other services to institutional investors. The Renewable Ventures segment finances, owns, and operates renewable energy and energy efficiency projects. The company was incorporated in 1995 and is headquartered in Baltimore, Maryland.
Share Statistics
Average Volume (3 month)3: 65,192.3
Average Volume (10 day)3: 85,514.3
Shares Outstanding5: 38.52M
Float: 37.84M
% Held by Insiders1: 4.16%
% Held by Institutions1: 1.00%
Shares Short 3: N/A
Short Ratio 3: N/A
Short % of Float 3: N/A
Shares Short (prior month)3: N/A
Income Statement
Revenue (ttm): 166.92M
Revenue Per Share (ttm): 4.332
Qtrly Revenue Growth (yoy): 9.50%
Gross Profit (ttm): 272.38M
EBITDA (ttm): N/A
Net Income Avl to Common (ttm): 44.03M
Diluted EPS (ttm): 1.37
Qtrly Earnings Growth (yoy): -95.80%
Balance Sheet
Total Cash (mrq): 56.41M
Total Cash Per Share (mrq): 1.464
Total Debt (mrq): 1.91B
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): 1.218
Book Value Per Share (mrq): 20.181
Cash Flow Statement
Operating Cash Flow (ttm): -238.33M
Levered Free Cash Flow (ttm): N/A