▲ +16.50% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Broadmark Realty Capital in the last 3 months. The average price target is $12.50, with a high forecast of $12.50 and a low forecast of $12.50. The average price target represents a 16.50% upside from the last price of $10.73.
The current consensus among 3 contributing investment analysts is to hold stock in Broadmark Realty Capital. This rating changed within the last month from a Buy consensus rating.
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.