NYSE:BRSP BrightSpire Capital (BRSP) Stock Forecast, Price & News $6.03 +0.11 (+1.86%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$5.87▼$6.0350-Day Range$5.23▼$5.9952-Week Range$5.21▼$9.45Volume567,423 shsAverage Volume1.18 million shsMarket Capitalization$783.60 millionP/E Ratio60.31Dividend Yield13.27%Price Target$10.25 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media BrightSpire Capital MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside70.0% Upside$10.25 Price TargetShort InterestHealthy2.02% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.36Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-1.12%From $0.89 to $0.88 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.48 out of 5 starsFinance Sector915th out of 1,786 stocksReal Estate Investment Trusts Industry163rd out of 382 stocks 3.3 Analyst's Opinion Consensus RatingBrightSpire Capital has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.25, BrightSpire Capital has a forecasted upside of 70.0% from its current price of $6.03.Amount of Analyst CoverageBrightSpire Capital has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.02% of the float of BrightSpire Capital has been sold short.Short Interest Ratio / Days to CoverBrightSpire Capital has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in BrightSpire Capital has recently decreased by 2.28%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipBrightSpire Capital is a leading dividend payer. It pays a dividend yield of 13.40%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBrightSpire Capital does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of BrightSpire Capital is 800.08%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, BrightSpire Capital will have a dividend payout ratio of 90.91% in the coming year. This indicates that BrightSpire Capital may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BRSP. Previous Next 3.0 News and Social Media Coverage News SentimentBrightSpire Capital has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for BrightSpire Capital this week, compared to 1 article on an average week.Search Interest5 people have searched for BRSP on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat Follows5 people have added BrightSpire Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BrightSpire Capital insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.91% of the stock of BrightSpire Capital is held by insiders.Percentage Held by InstitutionsOnly 38.18% of the stock of BrightSpire Capital is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for BrightSpire Capital are expected to decrease by -1.12% in the coming year, from $0.89 to $0.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BrightSpire Capital is 60.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.67.Price to Earnings Ratio vs. SectorThe P/E ratio of BrightSpire Capital is 60.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 158.84.Price to Book Value per Share RatioBrightSpire Capital has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About BrightSpire Capital (NYSE:BRSP) StockBrightSpire Capital, Inc. is a real estate investment trust. It originates, acquires, finances, and manages portfolio consisting of commercial real estate (CRE) debt investments and net leased properties in the United States. It operates through the following segments: Senior Mezzanine Loans and Preferred Equity, Net Leased and other Real Estate, CRE Debt Securities, and Corporate. The Senior and Mezzanine Loans and Preferred Equity segment covers CRE debt investments including senior loans, mezzanine loans, and preferred equity interests as well as participations in such loans. The Net Leased and Other Real Estate segment includes investments in commercial real estate with long-term leases to tenants on a net lease basis. The CRE Debt Securities segment consists of securities investments previously consisting of BBB and some BB rated CMBS. the Corporate segment deals with corporate-level asset management and other fees. The company was founded on August 23, 2017 and is headquartered in New York, NY.Read More Receive BRSP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BrightSpire Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address BRSP Stock News HeadlinesJune 1, 2023 | msn.comBrightSpire Capital: Office Loans Have The Market Exiting, I'm Entering (Slowly)May 31, 2023 | fool.comBrightSpire Capital (NYSE: BRSP)June 1, 2023 | Edge On The Street (Ad)The $193 Billion US-China War You Don't Know AboutThey're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.May 30, 2023 | americanbankingnews.comAnalyzing Two Harbors Investment (NYSE:TWO) and BrightSpire Capital (NYSE:BRSP)May 25, 2023 | benzinga.comBrightSpire Capital, Inc. to Present at Nareit's REITweek 2023 Investor ConferenceMay 24, 2023 | finance.yahoo.comBrightSpire Capital, Inc. to Present at Nareit’s REITweek 2023 Investor ConferenceMay 12, 2023 | msn.comBrightSpire Capital: Trading Below Book Value With A 15% YieldMay 10, 2023 | americanbankingnews.comBrightSpire Capital, Inc. (NYSE:BRSP) Receives $10.25 Consensus Target Price from AnalystsJune 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 5, 2023 | finance.yahoo.comBrightSpire Capital Insiders Added US$682k Of Stock To Their HoldingsMay 4, 2023 | msn.comJMP Securities Reiterates BrightSpire Capital Inc - (BRSP) Market Outperform RecommendationMay 3, 2023 | msn.comBrightSpire Capital: Q1 Earnings InsightsMay 3, 2023 | msn.comBrightSpire Capital Q1 earnings rise from year ago, hold steady Q/QMay 3, 2023 | seekingalpha.comBrightSpire Capital, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 3, 2023 | finance.yahoo.comBrightSpire Capital, Inc. Announces First Quarter 2023 Financial ResultsMay 2, 2023 | americanbankingnews.comBrightSpire Capital (BRSP) Set to Announce Quarterly Earnings on WednesdayApril 12, 2023 | americanbankingnews.comB. Riley Reiterates "Buy" Rating for BrightSpire Capital (NYSE:BRSP)April 5, 2023 | finance.yahoo.comBrightSpire Capital, Inc. Announces First Quarter 2023 Earnings Results and Conference Call DateApril 5, 2023 | americanbankingnews.comComparing BrightSpire Capital (NYSE:BRSP) & Weyerhaeuser (NYSE:WY)March 31, 2023 | americanbankingnews.comBrightSpire Capital (NYSE:BRSP) vs. Global Net Lease (NYSE:GNL) Head-To-Head ReviewMarch 22, 2023 | finance.yahoo.comAre Options Traders Betting on a Big Move in BrightSpire (BRSP) Stock?March 16, 2023 | finance.yahoo.comBrightSpire Capital Announces $0.20 Per Share Dividend for First Quarter 2023March 10, 2023 | finance.yahoo.comBrightSpire Capital, Inc. Announces 2023 Annual Meeting of StockholdersMarch 4, 2023 | msn.comJonesTrading Downgrades BrightSpire Capital (BRSP)March 2, 2023 | seekingalpha.comBrightSpire Capital And An Overhang Called DigitalBridgeMarch 1, 2023 | markets.businessinsider.comBTIG Keeps Their Hold Rating on BrightSpire Capital (BRSP)February 28, 2023 | finance.yahoo.comBrightSpire Capital, Inc. Announces Secondary Offering of 30,358,213 Shares of Class A Common Stock by DigitalBridge Group, Inc.See More Headlines BRSP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BRSP Company Calendar Last Earnings8/03/2022Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Today6/01/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:BRSP CUSIPN/A CIK1717547 Webwww.brightspire.com Phone(212) 547-2631FaxN/AEmployees55Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.25 High Stock Price Forecast$10.50 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+71.7%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.10 Trailing P/E Ratio59.71 Forward P/E Ratio6.71 P/E GrowthN/ANet Income$45.79 million Net Margins8.55% Pretax Margin4.86% Return on Equity8.92% Return on Assets2.38% Debt Debt-to-Equity Ratio1.79 Current Ratio0.60 Quick Ratio0.60 Sales & Book Value Annual Sales$127.10 million Price / Sales6.10 Cash Flow$1.17 per share Price / Cash Flow5.11 Book Value$10.42 per share Price / Book0.57Miscellaneous Outstanding Shares129,950,000Free Float127,464,000Market Cap$775.80 million OptionableNot Optionable Beta1.67 Key ExecutivesMichael J. MazzeiChief Executive Officer & DirectorAndrew E. WittPresident & Chief Operating OfficerFrank V. SaracinoCFO, Treasurer & Executive Vice PresidentDavid A. PalaméSecretary, EVP & General CounselGeorge KokChief Credit OfficerKey CompetitorsKKR Real Estate Finance TrustNYSE:KREFUrstadt Biddle PropertiesNYSE:UBAUrstadt Biddle PropertiesNYSE:UBPRPT RealtyNYSE:RPTSaul CentersNYSE:BFSView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 178,099 shares on 5/22/2023Ownership: 0.046%Putnam Investments LLCBought 3,673 shares on 5/22/2023Ownership: 0.046%JPMorgan Chase & Co.Bought 100,104 shares on 5/18/2023Ownership: 0.155%New York State Common Retirement FundSold 14,918 shares on 5/18/2023Ownership: 0.035%Centaurus Financial Inc.Bought 4,759 shares on 5/18/2023Ownership: 0.027%View All Insider TransactionsView All Institutional Transactions BRSP Stock - Frequently Asked Questions Should I buy or sell BrightSpire Capital stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BrightSpire Capital in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BRSP shares. View BRSP analyst ratings or view top-rated stocks. What is BrightSpire Capital's stock price forecast for 2023? 5 equities research analysts have issued 12-month price targets for BrightSpire Capital's stock. Their BRSP share price forecasts range from $10.00 to $10.50. On average, they expect the company's share price to reach $10.25 in the next year. This suggests a possible upside of 71.7% 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 2023? BrightSpire Capital's stock was trading at $6.23 at the start of the year. Since then, BRSP shares have decreased by 4.2% and is now trading at $5.97. View the best growth stocks for 2023 here. Are investors shorting BrightSpire Capital? BrightSpire Capital saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 2,630,000 shares, a drop of 8.4% from the April 15th total of 2,870,000 shares. Based on an average daily volume of 1,510,000 shares, the short-interest ratio is presently 1.7 days. Currently, 2.1% of the company's shares are short sold. View BrightSpire Capital's Short Interest. When is BrightSpire Capital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our BRSP earnings forecast. How were BrightSpire Capital's earnings last quarter? BrightSpire Capital, Inc. (NYSE:BRSP) issued its quarterly earnings data on Wednesday, August, 3rd. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.21 by $0.03. BrightSpire Capital had a net margin of 8.55% and a trailing twelve-month return on equity of 8.92%. During the same period last year, the firm posted $0.20 EPS. How often does BrightSpire Capital pay dividends? What is the dividend yield for BrightSpire Capital? BrightSpire Capital announced a quarterly dividend on Friday, March 17th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.20 per share on Monday, April 17th. This represents a $0.80 annualized dividend and a dividend yield of 13.40%. The ex-dividend date of this dividend is Thursday, March 30th. Read our dividend analysis for BRSP. What ETFs hold BrightSpire Capital's stock? ETFs with the largest weight of BrightSpire Capital (NYSE:BRSP) stock in their portfolio include VanEck Mortgage REIT Income ETF (MORT), iShares Mortgage Real Estate ETF (REM) and InfraCap Equity Income Fund ETF (ICAP).Hoya Capital High Dividend Yield ETF (RIET). 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 13.40%. BRSP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 800.08%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BRSP will have a dividend payout ratio of 90.91% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for BRSP. What is BrightSpire Capital's stock symbol? BrightSpire Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "BRSP." Who are BrightSpire Capital's major shareholders? BrightSpire Capital's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.37%), Private Management Group Inc. (2.46%), Wolf Hill Capital Management LP (2.11%), State Street Corp (1.73%), Geode Capital Management LLC (1.62%) and Zimmer Partners LP (1.62%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is BrightSpire Capital's stock price today? One share of BRSP stock can currently be purchased for approximately $5.97. How much money does BrightSpire Capital make? BrightSpire Capital (NYSE:BRSP) has a market capitalization of $775.80 million and generates $127.10 million in revenue each year. The company earns $45.79 million in net income (profit) each year or $0.10 on an earnings per share basis. How can I contact BrightSpire Capital? BrightSpire Capital's mailing address is 515 SOUTH FLOWER STREET 44TH FLOOR, LOS ANGELES CA, 90071. The official website for the company is www.brightspire.com. The company can be reached via phone at (212) 547-2631 or via email at lglassen@addoir.com. This page (NYSE:BRSP) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding BrightSpire Capital, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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