NYSE:BRSP BrightSpire Capital (BRSP) Stock Forecast, Price & News $6.26 +0.16 (+2.62%) (As of 09/28/2023 ET) Add Compare Share Share Today's Range$6.06▼$6.3050-Day Range$6.26▼$7.4752-Week Range$5.21▼$7.96Volume670,263 shsAverage Volume997,018 shsMarket Capitalization$813.74 millionP/E RatioN/ADividend Yield12.78%Price Target$9.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media BrightSpire Capital MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside55.8% Upside$9.75 Price TargetShort InterestHealthy1.71% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth2.25%From $0.89 to $0.91 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.2.11 out of 5 starsFinance Sector652nd out of 877 stocksReal Estate Investment Trusts Industry138th out of 182 stocks 3.3 Analyst's Opinion Consensus RatingBrightSpire Capital has received a consensus rating of Moderate 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 $9.75, BrightSpire Capital has a forecasted upside of 55.8% from its current price of $6.26.Amount of Analyst CoverageBrightSpire Capital has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.71% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in BrightSpire Capital has recently increased by 1.40%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipBrightSpire Capital is a leading dividend payer. It pays a dividend yield of 12.58%, 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 SustainabilityBased on EPS estimates, BrightSpire Capital will have a dividend payout ratio of 87.91% 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 1.1 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for BrightSpire Capital this week, compared to 1 article on an average week.Search Interest3 people have searched for BRSP on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows8 people have added BrightSpire Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.8 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 Institutions57.63% of the stock of BrightSpire Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for BrightSpire Capital are expected to grow by 2.25% in the coming year, from $0.89 to $0.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BrightSpire Capital is -28.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of BrightSpire Capital is -28.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.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. operates as a commercial real estate (CRE) credit real estate investment trust in the United States. The company It focuses on originating, acquiring, financing, and managing a portfolio of CRE mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties. It qualifies as a real estate investment trust for federal income tax purposes. The company was formerly known as Colony Credit Real Estate, Inc. and changed its name to BrightSpire Capital, Inc. in June 2021. BrightSpire Capital, Inc. was incorporated in 2017 and is headquartered in New York, New York.Read More BRSP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BRSP Stock News HeadlinesSeptember 27, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: BrightSpire Capital (BRSP) and Fidelity National Financial (FNF)September 18, 2023 | msn.comBrightSpire Capital: Still Below Book Value With A 12% DividendSeptember 28, 2023 | UNKNOWN (Ad)The Bio-Tech Stock That Needs Your Attention!There a Few Opportunities Like This Stock! Sign Up Today And Get Our NExt Bio-Tech Alert!September 14, 2023 | finance.yahoo.comBrightSpire Capital Announces $0.20 Per Share Dividend for Third Quarter 2023August 28, 2023 | seekingalpha.comBrightSpire Capital: A Fairly Valued 12%+ YielderAugust 3, 2023 | markets.businessinsider.comBrightSpire Capital (BRSP) Receives a Buy from JMP SecuritiesAugust 2, 2023 | seekingalpha.comBrightSpire Capital, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 2, 2023 | finance.yahoo.comBrightSpire Capital, Inc. Announces Second Quarter 2023 Financial ResultsSeptember 28, 2023 | UNKNOWN (Ad)The Bio-Tech Stock That Needs Your Attention!There a Few Opportunities Like This Stock! Sign Up Today And Get Our NExt Bio-Tech Alert!August 1, 2023 | bizjournals.comAnother downtown Oakland office property just went back to its lenderJuly 7, 2023 | finance.yahoo.comBrightSpire Capital, Inc. Announces Second Quarter 2023 Earnings Results and Conference Call DateJune 22, 2023 | seekingalpha.comBrightSpire Capital: Trades At A Major Discount To Book ValueJune 16, 2023 | finance.yahoo.comBrightSpire Capital Announces $0.20 Per Share Dividend for Second Quarter 2023June 15, 2023 | finance.yahoo.comBrightSpire Capital, Inc. (NYSE:BRSP) is favoured by institutional owners who hold 50% of the companyJune 11, 2023 | nasdaq.comBrightSpire Capital, Inc. Class A Common Stock (BRSP)June 1, 2023 | msn.comBrightSpire Capital: Office Loans Have The Market Exiting, I'm Entering (Slowly)May 31, 2023 | fool.comBrightSpire 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 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 ResultsApril 5, 2023 | finance.yahoo.comBrightSpire Capital, Inc. Announces First Quarter 2023 Earnings Results and Conference Call DateSee More Headlines 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 Company Calendar Last Earnings8/03/2022Ex-Dividend for 7/14 Dividend6/29/2023Dividend Payable7/14/2023Today9/28/2023Ex-Dividend for 10/13 Dividend9/28/2023Dividend Payable10/13/2023Next Earnings (Estimated)11/01/2023Fiscal 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/AEmployees54Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.75 High Stock Price Forecast$10.00 Low Stock Price Forecast$9.50 Forecasted Upside/Downside+55.8%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.22) Trailing P/E RatioN/A Forward P/E Ratio7.03 P/E GrowthN/ANet Income$45.79 million Net Margins-17.34% Pretax Margin-21.41% Return on Equity9.12% Return on Assets2.56% Debt Debt-to-Equity Ratio1.67 Current Ratio0.49 Quick Ratio0.49 Sales & Book Value Annual Sales$127.10 million Price / Sales6.40 Cash Flow$1.15 per share Price / Cash Flow5.44 Book Value$10.77 per share Price / Book0.58Miscellaneous Outstanding Shares129,990,000Free Float127,502,000Market Cap$813.74 million OptionableNot Optionable Beta1.72 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Michael Joseph Mazzei (Age 62)CEO & Director Comp: $2.84MMr. Andrew Elmore Witt (Age 44)Pres & COO Comp: $1.41MMr. Frank Vito Saracino CPA (Age 56)Exec. VP, CFO & Treasurer Comp: $1.11MMr. David A. Palame (Age 46)Exec. VP, Gen. Counsel & Sec. Comp: $1.01MMr. Daniel E. KatzMD & Head of Originations for Investment ManagementMr. George H. KokChief Credit OfficerMr. Brad NicholMD & Head of Asset Management for Portfolio ManagementMr. Matthew HeslinManaging Director & Head of Debt Capital MarketsMr. Tyler H. FerrerManaging Director of Operations & Loan ManagementMr. Gary S. Newman J.D.Managing Director of Investment ManagementMore ExecutivesKey CompetitorsRedwood TrustNYSE:RWTUrstadt Biddle PropertiesNYSE:UBPSaul CentersNYSE:BFSCommunity Healthcare TrustNYSE:CHCTNew York Mortgage TrustNASDAQ:NYMTView All CompetitorsInstitutional OwnershipPortside Wealth Group LLCBought 11,955 shares on 9/1/2023Ownership: 0.009%Wolverine Trading LLCBought 18,100 shares on 8/23/2023Ownership: 0.000%Osaic Holdings Inc.Sold 46,203 shares on 8/21/2023Ownership: 0.246%California State Teachers Retirement SystemBought 9,014 shares on 8/21/2023Ownership: 0.117%Nuveen Asset Management LLCBought 47,372 shares on 8/16/2023Ownership: 0.226%View All Institutional Transactions BRSP Stock - Frequently Asked Questions Should I buy or sell BrightSpire Capital stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BrightSpire Capital in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate 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 1 year price objectives for BrightSpire Capital's stock. Their BRSP share price forecasts range from $9.50 to $10.00. On average, they expect the company's share price to reach $9.75 in the next twelve months. This suggests a possible upside of 55.8% 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 on January 1st, 2023. Since then, BRSP stock has increased by 0.5% and is now trading at $6.26. View the best growth stocks for 2023 here. Are investors shorting BrightSpire Capital? BrightSpire Capital saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 2,150,000 shares, a decline of 10.8% from the August 15th total of 2,410,000 shares. Based on an average daily volume of 795,200 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.7% of the shares of the stock 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, November 1st 2023. View our BRSP earnings forecast. How were BrightSpire Capital's earnings last quarter? BrightSpire Capital, Inc. (NYSE:BRSP) posted its quarterly earnings results on Wednesday, August, 3rd. The company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.03. BrightSpire Capital had a negative net margin of 17.34% and a positive trailing twelve-month return on equity of 9.12%. During the same period in the previous year, the company posted $0.20 earnings per share. How often does BrightSpire Capital pay dividends? What is the dividend yield for BrightSpire Capital? BrightSpire Capital announced a quarterly dividend on Monday, September 18th. Investors of record on Friday, September 29th will be paid a dividend of $0.20 per share on Friday, October 13th. This represents a $0.80 annualized dividend and a dividend yield of 12.78%. The ex-dividend date is Thursday, September 28th. 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 Hoya Capital High Dividend Yield ETF (RIET).Global X SuperDividend ETF (SDIV). 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 12.58%. BRSP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.22%), Geode Capital Management LLC (2.03%), State Street Corp (2.02%), Wolf Hill Capital Management LP (1.60%), Goldman Sachs Group Inc. (1.52%) and Charles Schwab Investment Management Inc. (1.06%). 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 $6.26. How much money does BrightSpire Capital make? BrightSpire Capital (NYSE:BRSP) has a market capitalization of $813.74 million and generates $127.10 million in revenue each year. The company earns $45.79 million in net income (profit) each year or ($0.22) 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. 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