NYSE:BRMK

Broadmark Realty Capital (BRMK) Stock Forecast, Price & News

$4.82

0.00 (0.00%)

(As of 05/31/2023)

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Today's Range: $4.82
▼
$4.82
50-Day Range: $4.64
▼
$5.00
52-Week Range: $3.52
▼
$7.70

Volume: N/A
Average Volume: 1.47 million shs
Market Capitalization: $635.04 million

P/E Ratio: N/A
Dividend Yield: 8.71%
Price Target: $6.00

Broadmark Realty Capital MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 24.5% Upside
$6.00 Price Target
Short Interest: Healthy
1.83% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -2.45
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 14.00%
From $0.50 to $0.57 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Finance Sector

485th out of 863 stocks

Real Estate Investment Trusts Industry

105th out of 191 stocks

2.0

Analyst's Opinion

Consensus Rating
Broadmark Realty Capital has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.00, Broadmark Realty Capital has a forecasted upside of 24.5% from its current price of $4.82.
Amount of Analyst Coverage
Broadmark Realty Capital has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.83% of the float of Broadmark Realty Capital has been sold short.
Short Interest Ratio / Days to Cover
Broadmark Realty Capital has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Broadmark Realty Capital has recently decreased by 14.91%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Broadmark Realty Capital is a leading dividend payer. It pays a dividend yield of 8.71%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Broadmark Realty Capital does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Broadmark Realty Capital will have a dividend payout ratio of 73.68% next year. This indicates that Broadmark Realty Capital will be able to sustain or increase its dividend.

2.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Broadmark Realty Capital has received a 11.37% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Development funds investing in construction of buildings", "Real estate funds investing in apartment buildings", and "Real estate funds investing in rental apartments" products. See details.
Environmental Sustainability
The Environmental Impact score for Broadmark Realty Capital is -2.45.

2.4

News and Social Media Coverage

News Sentiment
Broadmark Realty Capital has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Finance companies.
Search Interest
Only 5 people have searched for BRMK on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Broadmark Realty Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Broadmark Realty Capital insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.90% of the stock of Broadmark Realty Capital is held by insiders.
Percentage Held by Institutions
46.50% of the stock of Broadmark Realty Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Broadmark Realty Capital are expected to grow by 14.00% in the coming year, from $0.50 to $0.57 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Broadmark Realty Capital is -4.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Broadmark Realty Capital is -4.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Broadmark Realty Capital has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Broadmark Realty Capital (NYSE:BRMK) Stock

Broadmark Realty Capital Inc. operates as a commercial real estate finance company in the United States. It engages in underwriting, funding, servicing, and managing a portfolio of short-term trust loans to fund the construction and development, or investment in residential or commercial properties. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was founded in 2010 and is headquartered in Seattle, Washington.

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BRMK Stock News Headlines

May 31, 2023 | finance.yahoo.com

Ready Capital Corporation Announces Completion of Merger

May 30, 2023 | msn.com

Broadmark merger with Ready Capital approved by stockholders

June 9, 2023 | Edge On The Street (Ad)

Soaring EV Industry Keeps Investor Focus on Lithium

The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.

May 30, 2023 | finance.yahoo.com

Broadmark Realty Capital Stockholders Approve Merger With Ready Capital Corporation

May 21, 2023 | americanbankingnews.com

Broadmark Realty Capital Inc. (BRMK) to Issue Monthly Dividend of $0.04 on May 30th

May 18, 2023 | finance.yahoo.com

Broadmark Realty Capital Insider Ups Holding During Year

May 18, 2023 | msn.com

Broadmark Realty Capital: Dividend Insights

May 18, 2023 | finance.yahoo.com

Broadmark Realty Capital Insider Ups Holding During Year \

June 9, 2023 | Edge On The Street (Ad)

Soaring EV Industry Keeps Investor Focus on Lithium

The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.

May 10, 2023 | msn.com

Recap: Broadmark Realty Capital Q1 Earnings

May 9, 2023 | msn.com

Broadmark Realty Capital Non-GAAP EPS of $0.10 in-line, revenue of $24.7M beats by $1.22M

May 9, 2023 | finance.yahoo.com

Broadmark Realty Capital Declares Monthly Dividend for May 2023

May 9, 2023 | finance.yahoo.com

Broadmark Realty Capital Announces First Quarter 2023 Results

May 2, 2023 | americanbankingnews.com

Contrasting Broadmark Realty Capital (NYSE:BRMK) & Acadia Realty Trust (NYSE:AKR)

April 25, 2023 | americanbankingnews.com

Broadmark Realty Capital Inc. (BRMK) to Issue Monthly Dividend of $0.04 on May 15th

April 19, 2023 | msn.com

Broadmark Realty Capital (BRMK) Declares $0.04 Dividend

April 17, 2023 | finance.yahoo.com

Broadmark Realty Capital Declares Monthly Dividend for April 2023

April 6, 2023 | benzinga.com

Moore Kuehn Encourages SUMO, BRMK, TA, and AQUA Investors to Contact Law Firm

March 28, 2023 | seekingalpha.com

Broadmark And Ready Capital: Distribution Cut Likely To Be Big

March 23, 2023 | markets.businessinsider.com

7 Value Stocks That Pay Monthly Dividends

March 15, 2023 | finance.yahoo.com

Broadmark Realty Capital Declares Monthly Dividend for March 2023

March 15, 2023 | finance.yahoo.com

7 Real Estate Stocks to Avoid as the Market Flip-Flops

March 7, 2023 | finance.yahoo.com

Institutions own 45% of Broadmark Realty Capital Inc. (NYSE:BRMK) shares but retail investors control 51% of the company

March 1, 2023 | morningstar.com

BRMK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Broadmark Realty Capital Inc. Is Fair to Shareholders

February 28, 2023 | barrons.com

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Broadmark Realty Capital Inc. (BRMK)

February 28, 2023 | finance.yahoo.com

This Stock Market Bargain Was Too Good to Last

February 28, 2023 | msn.com

What's Happening With Broadmark Realty Capital Stock Rising Monday?

See More Headlines

BRMK Price History

30 days | 90 days | 365 days | Advanced Chart

BRMK Company Calendar

Last Earnings: 2/27/2023
Ex-Dividend for 5/15 Dividend: 4/27/2023
Dividend Payable: 5/15/2023
Ex-Dividend for 5/30 Dividend: 5/23/2023
Dividend Payable: 5/30/2023
Today: 6/09/2023
Next Earnings (Estimated): 8/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:BRMK
CUSIP: N/A
CIK: 1784797
Web: www.broadmark.com
Phone: 206-971-0800
Fax: N/A
Employees: 60
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $6.00
High Stock Price Forecast: $7.00
Low Stock Price Forecast: $5.00
Forecasted Upside/Downside: +24.5%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.98)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 9.64
P/E Growth: N/A
Net Income: $-116,390,000.00
Net Margins: -128.10%
Pretax Margin: -128.10%
Return on Equity: 5.69%
Return on Assets: 5.07%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 7.44
Quick Ratio: 7.44

Sales & Book Value

Annual Sales: $108.88 million
Price / Sales: 5.83
Cash Flow: $0.36 per share
Price / Cash Flow: 13.46
Book Value: $6.98 per share
Price / Book: 0.69

Miscellaneous

Outstanding Shares: 131,750,000
Free Float: 127,929,000
Market Cap: $635.04 million
Optionable: Optionable
Beta: 0.94

Key Executives

Mr. Jeffrey B. Pyatt (Age 64)
Interim CEO & Exec. Chairman
Comp: $932.1k

Mr. Kevin M. Luebbers (Age 57)
Interim Pres & Director
Comp: $105k

Mr. Nevin Singh Boparai (Age 43)
Exec. VP, Chief Legal Officer & Sec.
Comp: $543.83k

Mr. Daniel Hirsty (Age 32)
National Head of Asset Management & Assistant Sec.
Comp: $450.11k

Mr. Jonathan Ray Hermes
Chief Financial Officer

Mr. Conor Law
Chief Accountant

Ms. Jessica Disman
Director of Sale & Marketing and Private Capital Markets

Ms. Janet Rockas
Director of HR

Mr. Brian Dubin
Sr. VP of Mid-Atlantic

Mr. Bryan Graf
Sr. VP of Pacific Northwest & Southwest

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BRMK Stock - Frequently Asked Questions

Should I buy or sell Broadmark Realty Capital stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Broadmark Realty Capital in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BRMK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRMK, but not buy additional shares or sell existing shares.
View BRMK analyst ratings or view top-rated stocks.
What is Broadmark Realty Capital's stock price forecast for 2023?: 3 Wall Street analysts have issued 12-month price objectives for Broadmark Realty Capital's stock. Their BRMK share price forecasts range from $5.00 to $7.00. On average, they predict the company's share price to reach $6.00 in the next year. This suggests a possible upside of 24.5% from the stock's current price.
View analysts price targets for BRMK or view top-rated stocks among Wall Street analysts.
How have BRMK shares performed in 2023?: Broadmark Realty Capital's stock was trading at $3.56 at the start of the year. Since then, BRMK shares have increased by 35.4% and is now trading at $4.82.
View the best growth stocks for 2023 here.
Are investors shorting Broadmark Realty Capital?: Broadmark Realty Capital saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 2,750,000 shares, a drop of 8.6% from the April 15th total of 3,010,000 shares. Based on an average daily volume of 1,540,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 2.2% of the shares of the company are sold short.
View Broadmark Realty Capital's Short Interest.
When is Broadmark Realty Capital's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our BRMK earnings forecast.
How were Broadmark Realty Capital's earnings last quarter?: Broadmark Realty Capital Inc. (NYSE:BRMK) released its quarterly earnings data on Monday, February, 27th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by $0.02. The firm had revenue of $21.07 million for the quarter, compared to analysts' expectations of $25.76 million. Broadmark Realty Capital had a positive trailing twelve-month return on equity of 5.69% and a negative net margin of 128.10%. During the same quarter in the prior year, the company posted $0.18 earnings per share.
How often does Broadmark Realty Capital pay dividends? What is the dividend yield for Broadmark Realty Capital?: Broadmark Realty Capital declared a monthly dividend on Tuesday, May 9th. Stockholders of record on Wednesday, May 24th will be given a dividend of $0.035 per share on Tuesday, May 30th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 8.71%. The ex-dividend date of this dividend is Tuesday, May 23rd.
Read our dividend analysis for BRMK.
What ETFs hold Broadmark Realty Capital's stock?: ETFs with the largest weight of Broadmark Realty Capital (NYSE:BRMK) stock in their portfolio include ProShares Merger ETF (MRGR), VanEck Mortgage REIT Income ETF (MORT), iShares Mortgage Real Estate ETF (REM), Global X SuperDividend ETF (SDIV) and GraniteShares HIPS US High Income ETF (HIPS).IQ Merger Arbitrage ETF (MNA).

Is Broadmark Realty Capital a good dividend stock?: Broadmark Realty Capital (NYSE:BRMK) pays an annual dividend of $0.42 per share and currently has a dividend yield of 8.71%. BRMK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BRMK.
What other stocks do shareholders of Broadmark Realty Capital own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Broadmark Realty Capital investors own include Cross Timbers Royalty Trust (CRT), AGNC Investment (AGNC), InfraCap MLP ETF (AMZA), Alliance Resource Partners (ARLP), Colony Credit Real Estate (CLNC), Gladstone Commercial (GOOD), Gladstone Land (LAND), Macerich (MAC) and Brigham Minerals (MNRL).
What is Broadmark Realty Capital's stock symbol?: Broadmark Realty Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "BRMK."
Who are Broadmark Realty Capital's major shareholders?: Broadmark Realty Capital's stock is owned by many different retail and institutional investors. Top institutional shareholders include Washington Trust Bank (1.95%), Farallon Capital Management LLC (1.85%), Mirae Asset Global Investments Co. Ltd. (1.25%), Prairiewood Capital LLC (0.70%), Versor Investments LP (0.61%) and Van ECK Associates Corp (0.54%). Insiders that own company stock include Brian Phillip Ward and Kevin M Luebbers.
View institutional ownership trends.
How do I buy shares of Broadmark Realty Capital?: Shares of BRMK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Broadmark Realty Capital's stock price today?: One share of BRMK stock can currently be purchased for approximately $4.82.
How much money does Broadmark Realty Capital make?: Broadmark Realty Capital (NYSE:BRMK) has a market capitalization of $635.04 million and generates $108.88 million in revenue each year. The company earns $-116,390,000.00 in net income (profit) each year or ($0.98) on an earnings per share basis.
How can I contact Broadmark Realty Capital?: Broadmark Realty Capital's mailing address is 1420 Fifth Avenue Suite 2000, Seattle WA, 98101. The official website for the company is www.broadmark.com. The company can be reached via phone at 206-971-0800 or via email at investorrelations@broadmark.com.

This page (NYSE:BRMK) was last updated on 6/9/2023 by MarketBeat.com Staff

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