BrightSpire Capital (BRSP) to Release Quarterly Earnings on Tuesday

BrightSpire Capital (NYSE:BRSP - Get Free Report) is expected to post its Q2 2025 quarterly earnings results after the market closes on Tuesday, July 29th. Analysts expect BrightSpire Capital to post earnings of $0.16 per share and revenue of $77.56 million for the quarter.

BrightSpire Capital Stock Down 1.8%

Shares of BRSP stock traded down $0.09 on Friday, hitting $4.90. 554,516 shares of the stock were exchanged, compared to its average volume of 687,173. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 1.67. The firm has a market capitalization of $638.99 million, a P/E ratio of -8.75 and a beta of 1.47. The business has a 50-day moving average of $5.12 and a 200 day moving average of $5.37. BrightSpire Capital has a fifty-two week low of $4.16 and a fifty-two week high of $6.45.

BrightSpire Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 14th. Stockholders of record on Monday, June 30th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.64 annualized dividend and a dividend yield of 13.07%. BrightSpire Capital's dividend payout ratio is currently -114.29%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Jones Trading reaffirmed a "buy" rating and set a $6.50 price objective on shares of BrightSpire Capital in a research report on Wednesday, April 30th. Alliance Global Partners reissued a "buy" rating on shares of BrightSpire Capital in a research report on Wednesday, April 30th. JMP Securities reduced their price target on BrightSpire Capital from $7.50 to $6.50 and set a "market outperform" rating for the company in a research report on Tuesday, April 22nd. Industrial Alliance Securities set a $6.50 price target on BrightSpire Capital in a research report on Wednesday, April 30th. Finally, Barclays reissued an "underweight" rating and set a $5.00 price target (down from $7.00) on shares of BrightSpire Capital in a research report on Tuesday, July 8th. One analyst has rated the stock with a sell rating and four have given a buy rating to the company. According to data from MarketBeat, BrightSpire Capital has an average rating of "Moderate Buy" and an average target price of $6.79.

Institutional Trading of BrightSpire Capital

Several institutional investors and hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. raised its stake in BrightSpire Capital by 2.4% in the first quarter. Goldman Sachs Group Inc. now owns 2,011,455 shares of the company's stock valued at $11,184,000 after buying an additional 46,749 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of BrightSpire Capital by 9.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 328,809 shares of the company's stock worth $1,828,000 after purchasing an additional 27,713 shares during the period. Jane Street Group LLC increased its stake in shares of BrightSpire Capital by 257.9% during the first quarter. Jane Street Group LLC now owns 286,724 shares of the company's stock worth $1,594,000 after purchasing an additional 206,610 shares during the period. Royal Bank of Canada increased its stake in shares of BrightSpire Capital by 90.1% during the first quarter. Royal Bank of Canada now owns 109,674 shares of the company's stock worth $610,000 after purchasing an additional 51,977 shares during the period. Finally, AQR Capital Management LLC bought a new position in shares of BrightSpire Capital during the first quarter worth approximately $131,000. Institutional investors own 56.57% of the company's stock.

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.