B. Riley Analysts Decrease Earnings Estimates for BRSP

BrightSpire Capital, Inc. (NYSE:BRSP - Free Report) - Equities research analysts at B. Riley decreased their Q1 2025 EPS estimates for shares of BrightSpire Capital in a research note issued on Monday, April 21st. B. Riley analyst R. Binner now forecasts that the company will post earnings per share of $0.14 for the quarter, down from their prior forecast of $0.15. B. Riley currently has a "Buy" rating and a $9.00 price target on the stock. The consensus estimate for BrightSpire Capital's current full-year earnings is $0.67 per share. B. Riley also issued estimates for BrightSpire Capital's Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.14 EPS, Q4 2025 earnings at $0.14 EPS, FY2025 earnings at $0.57 EPS and FY2026 earnings at $0.62 EPS.

BrightSpire Capital (NYSE:BRSP - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.03). BrightSpire Capital had a positive return on equity of 8.82% and a negative net margin of 79.23%. The business had revenue of $17.46 million for the quarter, compared to analyst estimates of $65.81 million. During the same quarter in the prior year, the firm posted $0.28 earnings per share.

A number of other analysts also recently commented on BRSP. Alliance Global Partners initiated coverage on BrightSpire Capital in a research note on Friday, January 17th. They issued a "buy" rating and a $7.25 price objective on the stock. JMP Securities cut their price target on shares of BrightSpire Capital from $7.50 to $6.50 and set a "market outperform" rating for the company in a report on Tuesday, April 22nd. Finally, Jones Trading lowered their price objective on shares of BrightSpire Capital from $7.25 to $6.50 and set a "buy" rating on the stock in a research note on Thursday, April 17th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, BrightSpire Capital presently has an average rating of "Moderate Buy" and an average target price of $7.25.

BrightSpire Capital Price Performance

BRSP traded up $0.06 on Thursday, reaching $5.02. The company had a trading volume of 148,648 shares, compared to its average volume of 765,296. BrightSpire Capital has a one year low of $4.16 and a one year high of $6.71. The company has a market capitalization of $655.25 million, a P/E ratio of -4.77 and a beta of 1.54. The company has a fifty day moving average of $5.43 and a 200-day moving average of $5.73. The company has a current ratio of 0.70, a quick ratio of 0.73 and a debt-to-equity ratio of 1.79.

BrightSpire Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 12.76%. The ex-dividend date of this dividend was Monday, March 31st. BrightSpire Capital's dividend payout ratio is currently -60.95%.

Institutional Investors Weigh In On BrightSpire Capital

A number of institutional investors have recently modified their holdings of BRSP. Bank of New York Mellon Corp lifted its position in shares of BrightSpire Capital by 0.8% during the 4th quarter. Bank of New York Mellon Corp now owns 357,844 shares of the company's stock worth $2,018,000 after purchasing an additional 2,798 shares during the last quarter. Allegiance Financial Group Advisory Services LLC raised its stake in BrightSpire Capital by 30.3% during the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 19,087 shares of the company's stock worth $108,000 after acquiring an additional 4,434 shares in the last quarter. Atria Investments Inc lifted its holdings in BrightSpire Capital by 18.2% during the 4th quarter. Atria Investments Inc now owns 35,869 shares of the company's stock valued at $202,000 after purchasing an additional 5,531 shares during the last quarter. Merit Financial Group LLC increased its holdings in BrightSpire Capital by 5.3% during the 1st quarter. Merit Financial Group LLC now owns 112,222 shares of the company's stock valued at $624,000 after purchasing an additional 5,647 shares in the last quarter. Finally, Gallagher Fiduciary Advisors LLC raised its holdings in shares of BrightSpire Capital by 18.9% in the fourth quarter. Gallagher Fiduciary Advisors LLC now owns 36,164 shares of the company's stock valued at $204,000 after buying an additional 5,749 shares during the last quarter. Institutional investors and hedge funds own 56.57% of the company's stock.

About BrightSpire Capital

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.