BRMK News and Press, Broadmark Realty Capital Inc From 11/16/22

Broadmark Realty Capital Inc. (NYSE: BRMK) (“Broadmark” or the “Company”), a specialty real estate finance company, announced today that its Board of Directors has declared a cash dividend of $0.035 per share of common stock for November 2022. The dividen...

Summary Since our last report, Broadmark Realty Capital Inc.’s conditions have gone from bad to worse. Broadmark posted Q3 results with earnings misses on the top and bottom lines. Broadmark Realty results this quarter were disastrous, with revenue decreasing by 5% and EPS ...

Summary U.S. equity markets posted their best weekly gains since June as cooler-than-expected inflation data, election results suggesting "fiscal gridlock" in DC, and limited China re-openings raised hopes of peaking inflation. Climbing back out of "bear market" territory, the S&a...

Summary Nearly 200 REITs and a dozen homebuilders have reported third-quarter earnings results over the past three weeks, providing critical information on the state of the U.S. real estate industry. REIT earnings season was surprisingly strong across nearly all property sectors. ...

Summary The REIT sector is extremely volatile these days. It has resulted in some opportunities for us to consolidate capital. We highlight 3 REITs / REIT-like entities that we sold recently. The recent market volatility has resulted in some opportunities for us to c...

Summary Broadmark Realty moved down by over 13% on the back of a fiscal 2022 third quarter that saw a miss on both revenue and earnings. The CFO and CEO have both departed the company in the space of one month. Bulls who hoped for the monthly cash dividend, now at 17%, to be c...

The following slide deck was published by Broadmark Realty Capital Inc. in conjunction with their 2022 Q3 earnings call. For further details see: Broadmark Realty Capital Inc. 2022 Q3 - Results - Earnings Call Presentation

Broadmark Realty Capital Inc. (BRMK) Q3 2022 Earnings Conference Call November 07, 2022 5:00 PM ET Company Participants Nevin Boparai – General Counsel Jeffrey Pyatt – Interim Chief Executive Officer Kevin Luebbers – Interim President Dav...

Broadmark Realty ( NYSE: BRMK ) stock dropped 4.4% in Monday after-hours trading after the specialty real estate finance company's Q3 results fell short of Wall Street expectations as it boosted its provision for credit losses and said the amount of loans on non-accrual stat...

Broadmark Realty Capital press release ( NYSE: BRMK ): Q3 Non-GAAP EPS of $0.14 misses by $0.02 . Revenue of $27.1M (-11.4% Y/Y) misses by $1.42M . Closed new originations and amendments of $137.9 million, with a weighted average yield of 12.9% and at a weighte...