Broadmark Realty Capital Inc., together with its subsidiaries, engages in the underwriting, funding, servicing, and managing a portfolio of short-term and first deed of trust loans to fund the construction, development, and investment in residential or commercial properties in the United States. It also provides short-term and first deed of trust loans secured by real estate to fund the construction and development, 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.
IPO Year: 2019
Exchange: NYSE
Website: broadmark.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/28/2023 | Underweight → Neutral | Piper Sandler | |
| 11/21/2022 | $7.50 → $5.00 | Buy → Neutral | B. Riley Securities |
| 11/8/2022 | Outperform → Mkt Perform | Raymond James | |
| 8/9/2022 | $7.00 | Neutral → Underweight | Piper Sandler |
| 6/17/2022 | $7.00 | Neutral | Piper Sandler |
| 3/2/2022 | $12.50 → $11.00 | Outperform | Raymond James |