Broadmark Realty Capital Inc. (NYSE: BRMK) is -55.25% lower on its value in year-to-date trading and has touched a low of $4.18 and a high of $9.87 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BRMK stock was last observed hovering at around $4.21 in the last trading session, with the day’s gains setting it 0.01% off its average median price target of $5.00 for the next 12 months. It is also 15.6% off the consensus price target high of $5.00 offered by 5 analysts, but current levels are 15.6% higher than the price target low of $5.00 for the same period.
Currently trading at $4.22, the stock is -19.44% and -22.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.78 million and changing 0.24% at the moment leaves the stock -40.20% off its SMA200. BRMK registered -57.03% loss for a year compared to 6-month loss of -42.35%.
The stock witnessed a -20.97% gain in the last 1 month and extending the period to 3 months gives it a -39.28%, and is -17.42% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.31% over the week and 4.64% over the month.
Broadmark Realty Capital Inc. (BRMK) has around 60 employees, a market worth around $563.50M and $116.80M in sales. Current P/E ratio is 9.53 and Fwd P/E is 6.73. Profit margin for the company is 50.30%. Distance from 52-week low is 0.96% and -57.24% from its 52-week high. The company has generated returns on investments over the last 12 months (6.90%).
Broadmark Realty Capital Inc. (BRMK) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Broadmark Realty Capital Inc. (BRMK) is a “Hold”. 5 analysts offering their recommendations for the stock have an average rating of 3.00, where 4 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Broadmark Realty Capital Inc. is expected to release its quarterly report on 03/16/2023.The EPS is expected to shrink by -8.90% this year.
Broadmark Realty Capital Inc. (BRMK) Top Institutional Holders
The shares outstanding are 132.88M, and float is at 127.27M with Short Float at 5.53%.
Broadmark Realty Capital Inc. (BRMK) Insider Activity
A total of 10 insider transactions have happened at Broadmark Realty Capital Inc. (BRMK) in the last six months, with sales accounting for 2 and purchases happening 8 times. The most recent transaction is an insider purchase by Ward Brian Phillip,the company’sChief Executive Officer. SEC filings show that Ward Brian Phillip bought 31,925 shares of the company’s common stock on Jun 14 at a price of $6.26 per share for a total of $0.2 million. Following the purchase, the insider now owns 0.11 million shares.
Broadmark Realty Capital Inc. disclosed in a document filed with the SEC on Dec 30 that Hirsty Daniel (Chief Credit Officer) sold a total of 2,500 shares of the company’s common stock. The trade occurred on Dec 30 and was made at $9.52 per share for $23805.0. Following the transaction, the insider now directly holds 11417.0 shares of the BRMK stock.