BrightSpire Capital, Inc. (NYSE:BRSP - Free Report) - Research analysts at B. Riley lowered their Q2 2025 earnings estimates for shares of BrightSpire Capital in a report released on Thursday, May 1st. B. Riley analyst R. Binner now anticipates that the company will post earnings per share of $0.13 for the quarter, down from their previous forecast of $0.14. The consensus estimate for BrightSpire Capital's current full-year earnings is $0.67 per share.
BrightSpire Capital (NYSE:BRSP - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported $0.16 EPS 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 analyst estimates of $65.81 million. BrightSpire Capital had a positive return on equity of 8.82% and a negative net margin of 79.23%. During the same period in the previous year, the firm posted $0.28 EPS.
Other analysts have also recently issued reports about the company. Industrial Alliance Securities set a $6.50 price target on BrightSpire Capital in a report on Wednesday, April 30th. Jones Trading reissued a "buy" rating and issued a $6.50 price target on shares of BrightSpire Capital in a research note on Wednesday, April 30th. JMP Securities decreased 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 research note on Tuesday, April 22nd. Finally, Alliance Global Partners reaffirmed a "buy" rating on shares of BrightSpire Capital in a report on Wednesday, April 30th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $7.15.
Read Our Latest Report on BRSP
BrightSpire Capital Price Performance
NYSE:BRSP traded down $0.01 on Monday, hitting $5.20. The company had a trading volume of 48,805 shares, compared to its average volume of 757,075. BrightSpire Capital has a 52 week low of $4.16 and a 52 week high of $6.71. The company has a current ratio of 0.70, a quick ratio of 0.73 and a debt-to-equity ratio of 1.79. The stock has a market capitalization of $678.40 million, a price-to-earnings ratio of -4.95 and a beta of 1.53. The firm has a 50 day moving average of $5.27 and a two-hundred day moving average of $5.71.
BrightSpire Capital Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.16 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.64 annualized dividend and a yield of 12.31%. BrightSpire Capital's dividend payout ratio (DPR) is presently -114.29%.
Hedge Funds Weigh In On BrightSpire Capital
Institutional investors have recently modified their holdings of the company. Private Management Group Inc. grew its position in BrightSpire Capital by 2.7% in the 1st quarter. Private Management Group Inc. now owns 4,758,232 shares of the company's stock worth $26,456,000 after purchasing an additional 125,500 shares during the period. Conversant Capital LLC grew its holdings in BrightSpire Capital by 3.7% during the fourth quarter. Conversant Capital LLC now owns 2,801,223 shares of the company's stock valued at $15,799,000 after purchasing an additional 100,000 shares during the period. Northern Trust Corp raised its stake in shares of BrightSpire Capital by 7.6% in the fourth quarter. Northern Trust Corp now owns 1,287,299 shares of the company's stock worth $7,260,000 after buying an additional 91,263 shares during the period. Van ECK Associates Corp lifted its position in shares of BrightSpire Capital by 12.8% during the 4th quarter. Van ECK Associates Corp now owns 1,134,821 shares of the company's stock valued at $6,400,000 after buying an additional 129,120 shares in the last quarter. Finally, Balyasny Asset Management L.P. raised its stake in BrightSpire Capital by 16.9% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,132,234 shares of the company's stock worth $6,386,000 after acquiring an additional 163,790 shares during the period. 56.57% of the stock is currently owned by institutional investors.
About BrightSpire Capital
(
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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.
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