A new trading day began on May 19, 2023, with Broadmark Realty Capital Inc. (NYSE: BRMK) stock priced at $4.99, down -0.61% from the previous day of trading. During the day, the shares moved up to $5.02 and dropped to $4.905 before settling in for the closing price of $4.95. BRMK’s price has ranged from $3.52 to $7.70 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Meanwhile, its annual earnings per share averaged -240.90%. With a float of $127.27 million, this company’s outstanding shares have now reached $131.75 million.
In an organization with 63 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +92.57, operating margin of +32.90, and the pretax margin is -106.90.
Broadmark Realty Capital Inc. (BRMK) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Mortgage Industry. The insider ownership of Broadmark Realty Capital Inc. is 0.60%, while institutional ownership is 47.50%. The most recent insider transaction that took place on Jun 14, was worth 200,000. In this transaction Chief Executive Officer of this company bought 31,925 shares at a rate of $6.26, taking the stock ownership to the 114,748 shares.
Broadmark Realty Capital Inc. (BRMK) Latest Financial update
In its latest quarterly report, released on 3/30/2023, the company reported earnings of $0.1 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -106.90 while generating a return on equity of -11.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -240.90% per share during the next fiscal year.
Broadmark Realty Capital Inc. (NYSE: BRMK) Trading Performance Indicators
Here are Broadmark Realty Capital Inc.’s current performance indicators. According to the last quarter’s results, the stock had a price to sales ratio for the trailing twelve months stands at 5.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.88, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.42 in one year’s time.
Technical Analysis of Broadmark Realty Capital Inc. (BRMK)
Let’s dig in a bit further. During the last 5-days, its volume was 1.05 million. That was inferior than the volume of 1.39 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 90.08%. Additionally, its Average True Range was 0.13.
During the past 100 days, Broadmark Realty Capital Inc.’s (BRMK) raw stochastic average was set at 82.89%, which indicates a significant increase from 75.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.97% in the past 14 days, which was lower than the 42.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.70, while its 200-day Moving Average is $4.98. However, in the short run, Broadmark Realty Capital Inc.’s stock first resistance to watch stands at $4.99. Second resistance stands at $5.06. The third major resistance level sits at $5.11. If the price goes on to break the first support level at $4.88, it is likely to go to the next support level at $4.83. The third support level lies at $4.76 if the price breaches the second support level.
Broadmark Realty Capital Inc. (NYSE: BRMK) Key Stats
With a market capitalization of 652.20 million, the company has a total of 131,750K Shares Outstanding. Currently, annual sales are 108,880 K while annual income is -116,390 K. The company’s previous quarter sales were 24,700 K while its latest quarter income was 4,560 K.
