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

BKF Capital Group (OTCMKTS:BKFG) announced its quarterly earnings data on Monday. The financial services provider reported ($0.72) earnings per share for the quarter, Zacks reports. BKF Capital Group had a net margin of 0.42% and a return on equity of 0.35%. The firm had revenue of $1.49 million during the quarter.

BKF Capital Group Price Performance

BKF Capital Group stock remained flat at $94.00 during midday trading on Tuesday. BKF Capital Group has a 1 year low of $45.21 and a 1 year high of $99.00. The stock has a market cap of $54.52 million, a price-to-earnings ratio of 1,880.38 and a beta of -0.49. The business’s fifty day moving average is $89.27 and its two-hundred day moving average is $59.02.

About BKF Capital Group

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.