BRMK News and Press, Broadmark Realty Capital Inc From 10/07/22

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Income investors often allocate a sizeable portion of their portfolio to real estate investment trusts, or REITs, as these names typically pay high yields. Since REITs have to distribute at least 90% of their taxable income...

Summary Sachem Capital is a well-capitalized hard money lender that operates primarily in Connecticut. Although Sachem Capital does have prudent management, the weakening housing fundamentals call into question the sustainability of the dividend. I prefer the Series A Preferre...

Broadmark Realty Capital Inc. (NYSE: BRMK) (the “Company”), a specialty real estate finance company, today announced that its board of directors has declared a cash dividend of $0.07 per share of common stock for September 2022. The dividend will be payable on October ...

New company website, logo represent Broadmark’s ongoing commitment to providing smart, reliable, rapid investment solutions $10 million mezzanine loan will finance the acquisition of retail center in Issaquah, Wash.; reflects evolution and diversification of company...

Summary BRMK is a minimally leveraged mREIT trading at a 10% discount to TBV. Due to slowing loan book growth, I do not foresee the dividend being sustainable. Even with a dividend cut of 24%, the yield would be ~9% and will provide long-term double-digit returns. Th...

U.S. equity markets failed to extend their weekly winning streak as hawkish commentary from Fed officials sparked renewed pressure on bonds and sent benchmark interest rates back to four-week highs. Following a four-week rally that had erased over half of the benchmark's year-to-date ...

Broadmark Realty Capital Inc. (NYSE: BRMK) (the “Company”), an internally managed secured real estate finance company, today announced that its board of directors has declared a cash dividend of $0.07 per share of common stock for August 2022. The dividend will be paya...

U.S. equity markets advanced for a fourth straight week as inflation showed signs of peaking from multi-decade-highs, potentially relieving some pressure from the Federal Reserve to aggressively hike interest rates. Delivering its first four-week winning streak since November, the S&a...

Broadmark Realty Capital ( NYSE: BRMK ) shares slid 3.8% in Tuesday premarket trading after Q2 earnings missed the consensus estimate and Piper Sandler analyst Crispin Love downgraded the commercial mortgage REIT stock to Underweight from Neutral. Macro headwinds and the com...

Broadmark Realty Capital Inc. (BRMK) Q2 2022 Results Conference Call August 08, 2022 05:00 PM ET Company Participants Nevin Boparai - General Counsel Brian Ward - CEO David Schneider - CFO Conference Call Participants Steve Delaney - JMP Securities ...