BrightSpire Capital (BRSP) Expected to Announce Earnings on Tuesday

BrightSpire Capital (NYSE:BRSP - Get Free Report) is expected to announce its Q1 2025 earnings results after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $63.91 million for the quarter.

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 for the quarter, missing the consensus estimate of $0.19 by ($0.03). The business had revenue of $17.46 million for the quarter, compared to the consensus estimate of $65.81 million. BrightSpire Capital had a negative net margin of 79.23% and a positive return on equity of 8.82%. During the same period in the previous year, the business posted $0.28 EPS.

BrightSpire Capital Stock Up 0.8 %

BRSP traded up $0.04 during midday trading on Friday, hitting $4.77. 408,422 shares of the company's stock traded hands, compared to its average volume of 768,596. The company has a market cap of $623.24 million, a PE ratio of -4.54 and a beta of 1.54. The stock's fifty day simple moving average is $5.45 and its 200-day simple moving average is $5.73. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.70 and a quick ratio of 0.73. BrightSpire Capital has a one year low of $4.16 and a one year high of $6.71.

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 given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 13.42%. The ex-dividend date of this dividend was Monday, March 31st. BrightSpire Capital's payout ratio is presently -60.95%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. B. Riley cut their price objective on shares of BrightSpire Capital from $10.00 to $9.00 and set a "buy" rating on the stock in a research report on Tuesday, January 7th. Alliance Global Partners assumed coverage on shares of BrightSpire Capital in a research report on Friday, January 17th. They set a "buy" rating and a $7.25 price objective on the stock. JMP Securities cut their price objective on shares of BrightSpire Capital from $7.50 to $6.50 and set a "market outperform" rating on the stock in a research report on Tuesday, April 22nd. Finally, Jones Trading lowered their price target on BrightSpire Capital from $7.25 to $6.50 and set a "buy" rating on the stock in a report on Thursday, April 17th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, BrightSpire Capital currently has a consensus rating of "Moderate Buy" and an average target price of $7.25.

BrightSpire Capital Company Profile

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.