Raymond James analyst Stephen Laws maintained a Buy rating on Broadmark Realty Capital (NYSE:BRMK) on Tuesday, setting a price target of $11, which is approximately 6.28% above the present share price of $10.35.
Laws expects Broadmark Realty Capital to post earnings per share (EPS) of $0.18 for the fourth quarter of 2020.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Broadmark Realty Capital, with an average price target of $11.
The analysts price targets range from a high of $11 to a low of $11.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $28.98 million and a net profit of $21.28 million. The company's market cap is $1.37 billion.
According to TipRanks.com, Raymond James analyst Stephen Laws is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.7% and a 68.06% success rate.
Broadmark Realty Capital, Inc. is an internally managed real estate investment trust. It provides financing to real estate investors and developers across multiple regions throughout the United States. The firm offers short-term, first deed of trust loans secured by real estate to fund the acquisition, renovation, rehabilitation or development of residential or commercial properties. The company was founded in 2010 and is headquartered in Seattle, WA.