NYSE:BRSP

BrightSpire Capital (BRSP) Stock Price, News & Analysis

$6.08
+0.07 (+1.16%)
(As of 04:10 PM ET)
Today's Range
$6.05
$6.12
50-Day Range
$6.02
$6.98
52-Week Range
$5.20
$8.01
Volume
556,449 shs
Average Volume
727,800 shs
Market Capitalization
$794.29 million
P/E Ratio
N/A
Dividend Yield
13.16%
Price Target
$7.33

BrightSpire Capital MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
20.6% Upside
$7.33 Price Target
Short Interest
Healthy
1.30% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$338,000 Sold Last Quarter
Proj. Earnings Growth
8.54%
From $0.82 to $0.89 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.93 out of 5 stars

Finance Sector

681st out of 880 stocks

Real Estate Investment Trusts Industry

136th out of 181 stocks

BRSP stock logo

About BrightSpire Capital Stock (NYSE:BRSP)

BrightSpire Capital, Inc. operates as a commercial real estate (CRE) credit real estate investment trust in the United States and Europe. The company operates through Senior and Mezzanine Loans and Preferred Equity; Net Leased and Other Real Estate; and Corporate and Other segments. It focuses on originating, acquiring, financing, and managing a diversified portfolio of CRE debt investments consisting of first mortgage loans, senior loans, debt securities, mezzanine loans, and preferred equity investments, as well as net leased properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Colony Credit Real Estate, Inc. and changed its name to BrightSpire Capital, Inc. in June 2021. BrightSpire Capital, Inc. was incorporated in 2017 and is headquartered in New York, New York.

BRSP Stock Price History

BRSP Stock News Headlines

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Q1 2024 Brightspire Capital Inc Earnings Call
BrightSpire Capital Inc. Class A
BRSP Apr 2024 7.500 put
BrightSpire: My Income Portfolio Doesn't Quit
Q4 2023 Brightspire Capital Inc Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Last Earnings
5/01/2024
Today
5/13/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Fax
N/A
Employees
54
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.33
High Stock Price Target
$8.50
Low Stock Price Target
$6.50
Potential Upside/Downside
+20.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$-15,550,000.00
Pretax Margin
-32.75%

Debt

Sales & Book Value

Annual Sales
$298.70 million
Cash Flow
$1.22 per share
Book Value
$9.84 per share

Miscellaneous

Free Float
127,945,000
Market Cap
$794.29 million
Optionable
Optionable
Beta
1.89
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Key Executives

  • Mr. Michael Joseph Mazzei (Age 63)
    CEO & Director
    Comp: $2.85M
  • Mr. Andrew Elmore Witt (Age 46)
    President & COO
    Comp: $1.41M
  • Mr. Frank Vito Saracino CPA (Age 57)
    Executive VP, CFO & Treasurer
    Comp: $1.11M
  • Mr. David A. Palame (Age 47)
    Executive VP, General Counsel & Secretary
    Comp: $1.06M
  • Mr. Daniel E. Katz
    MD & Head of Originations for Investment Management
  • Mr. Brad Nichol
    MD & Head of Asset Management
  • Mr. Matthew Heslin
    MD, Chief Credit Officer & Head of Debt Capital Markets
  • Mr. Tyler H. Ferrer
    Managing Director of Operations & Loan Management
  • Mr. Gary S. Newman J.D.
    Managing Director of Investment Management
  • Ms. Sonia Kim (Age 50)
    Vice President

BRSP Stock Analysis - Frequently Asked Questions

Should I buy or sell BrightSpire Capital stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BrightSpire Capital in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BRSP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRSP, but not buy additional shares or sell existing shares.
View BRSP analyst ratings
or view top-rated stocks.

What is BrightSpire Capital's stock price target for 2024?

4 analysts have issued twelve-month price targets for BrightSpire Capital's shares. Their BRSP share price targets range from $6.50 to $8.50. On average, they anticipate the company's share price to reach $7.33 in the next twelve months. This suggests a possible upside of 20.6% from the stock's current price.
View analysts price targets for BRSP
or view top-rated stocks among Wall Street analysts.

How have BRSP shares performed in 2024?

BrightSpire Capital's stock was trading at $7.44 at the beginning of 2024. Since then, BRSP shares have decreased by 18.3% and is now trading at $6.08.
View the best growth stocks for 2024 here
.

When is BrightSpire Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our BRSP earnings forecast
.

How were BrightSpire Capital's earnings last quarter?

BrightSpire Capital, Inc. (NYSE:BRSP) posted its quarterly earnings data on Wednesday, May, 1st. The company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by $0.02. The company had revenue of $27.43 million for the quarter, compared to analysts' expectations of $28.64 million. BrightSpire Capital had a positive trailing twelve-month return on equity of 9.36% and a negative net margin of 33.20%. During the same quarter in the prior year, the business earned $0.26 EPS.

How often does BrightSpire Capital pay dividends? What is the dividend yield for BrightSpire Capital?

BrightSpire Capital declared a quarterly dividend on Friday, March 15th. Investors of record on Friday, March 29th will be given a dividend of $0.20 per share on Monday, April 15th. This represents a $0.80 annualized dividend and a yield of 13.16%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for BRSP
.

Is BrightSpire Capital a good dividend stock?

BrightSpire Capital (NYSE:BRSP) pays an annual dividend of $0.80 per share and currently has a dividend yield of 13.31%. BRSP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BRSP.

What ETFs hold BrightSpire Capital's stock?
Who are BrightSpire Capital's major shareholders?

BrightSpire Capital's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.69%), Private Management Group Inc. (3.41%), Van ECK Associates Corp (0.61%), Cambridge Investment Research Advisors Inc. (0.36%), WealthPLAN Partners LLC (0.24%) and Commonwealth Equity Services LLC (0.09%). Insiders that own company stock include Catherine Rice, David A Palame and Michael Mazzei.
View institutional ownership trends
.

How do I buy shares of BrightSpire Capital?

Shares of BRSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BRSP) was last updated on 5/13/2024 by MarketBeat.com Staff

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