Should I buy or sell BrightSpire Capital stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BrightSpire Capital in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BRSP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRSP, but not buy additional shares or sell existing shares. View BRSP analyst ratings or view top-rated stocks .

What is BrightSpire Capital's stock price target for 2024?

3 brokerages have issued 1-year price targets for BrightSpire Capital's stock. Their BRSP share price targets range from $6.50 to $8.50. On average, they anticipate the company's stock price to reach $7.67 in the next year. This suggests a possible upside of 20.9% 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 2024?

BrightSpire Capital's stock was trading at $7.44 on January 1st, 2024. Since then, BRSP shares have decreased by 14.8% and is now trading at $6.34. View the best growth stocks for 2024 here .

Are investors shorting BrightSpire Capital?

BrightSpire Capital saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 1,680,000 shares, a decrease of 7.7% from the February 29th total of 1,820,000 shares. Based on an average daily trading volume, of 715,800 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.3% of the company's 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, May 1st 2024. View our BRSP earnings forecast .

How can I listen to BrightSpire Capital's earnings call?

BrightSpire Capital will be holding an earnings conference call on Wednesday, May 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745217".

How were BrightSpire Capital's earnings last quarter?

BrightSpire Capital, Inc. (NYSE:BRSP) released its quarterly earnings data on Wednesday, August, 3rd. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.03. BrightSpire Capital had a positive trailing twelve-month return on equity of 9.42% and a negative net margin of 7.34%. During the same quarter last year, the company 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 15th. Investors of record on Friday, March 29th will be paid a dividend of $0.20 per share on Monday, April 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 12.62%. The ex-dividend date is Wednesday, March 27th. Read our dividend analysis for BRSP .

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 12.94%. 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 ETFs hold BrightSpire Capital's stock?

ETFs with the largest weight of BrightSpire Capital (NYSE:BRSP) stock in their portfolio include Global X SuperDividend REIT ETF (SRET) , iShares Mortgage Real Estate ETF (REM) and VanEck Mortgage REIT Income ETF (MORT) . Hoya Capital High Dividend Yield ETF (RIET) .

Who are BrightSpire Capital's major shareholders?

BrightSpire Capital's stock is owned by many different institutional and retail investors. Top institutional shareholders include &PARTNERS (0.08%), Counterpoint Mutual Funds LLC (0.01%) and Allspring Global Investments Holdings LLC (0.00%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:BRSP

BrightSpire Capital (BRSP) Stock Price, News & Analysis

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Free BRSP Stock Alerts

$6.34

+0.13 (+2.09%)

(As of 04/19/2024 ET)

Compare

Today's Range: $6.20
▼
$6.35
50-Day Range: $6.16
▼
$6.98
52-Week Range: $5.20
▼
$8.01

Volume: 518,195 shs
Average Volume: 735,222 shs
Market Capitalization: $828.26 million

P/E Ratio: N/A
Dividend Yield: 12.62%
Price Target: $7.67

Get BrightSpire Capital alerts:

BrightSpire Capital MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 20.9% Upside
$7.67 Price Target
Short Interest: Healthy
1.28% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$338,000 Sold Last Quarter
Proj. Earnings Growth: 8.89%
From $0.90 to $0.98 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.63 out of 5 stars

Finance Sector

685th out of 843 stocks

Real Estate Investment Trusts Industry

141st out of 179 stocks

2.0

Analyst's Opinion

Consensus Rating
BrightSpire Capital has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.
Amount of Analyst Coverage
BrightSpire Capital has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.28% of the float of BrightSpire Capital has been sold short.
Short Interest Ratio / Days to Cover
BrightSpire Capital has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in BrightSpire Capital has recently decreased by 2.98%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Leadership
BrightSpire Capital is a leading dividend payer. It pays a dividend yield of 12.94%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
BrightSpire Capital does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, BrightSpire Capital will have a dividend payout ratio of 81.63% in the coming year. This indicates that BrightSpire Capital may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BRSP.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for BrightSpire Capital this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for BRSP on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added BrightSpire Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of -22% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BrightSpire Capital insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $338,000.00 in company stock.
Percentage Held by Insiders
Only 1.91% of the stock of BrightSpire Capital is held by insiders.
Percentage Held by Institutions
56.57% of the stock of BrightSpire Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for BrightSpire Capital are expected to grow by 8.89% in the coming year, from $0.90 to $0.98 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of BrightSpire Capital is -48.77, 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. Sector
The P/E ratio of BrightSpire Capital is -48.77, 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 Ratio
BrightSpire Capital has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About BrightSpire Capital Stock (NYSE:BRSP)

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. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. 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.

BRSP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BRSP Stock News Headlines

March 30, 2024 | insidertrades.com

Insider Selling: BrightSpire Capital, Inc. (NYSE:BRSP) Insider Sells 50,000 Shares of Stock

April 17, 2024 | thestreet.com

BrightSpire Capital Inc. Class A

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 3, 2024 | businesswire.com

BrightSpire Capital, Inc. Announces First Quarter 2024 Earnings Release and Conference Call Date

March 18, 2024 | investing.com

BrightSpire Capital declares $0.20 dividend per share

March 16, 2024 | finance.yahoo.com

BRSP Apr 2024 7.500 put

March 15, 2024 | businesswire.com

BrightSpire Capital Announces $0.20 Per Share Dividend for First Quarter 2024

March 11, 2024 | finance.yahoo.com

BrightSpire Capital, Inc. Announces 2024 Annual Meeting of Stockholders

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

March 11, 2024 | businesswire.com

BrightSpire Capital, Inc. Announces 2024 Annual Meeting of Stockholders

March 10, 2024 | seekingalpha.com

BrightSpire: My Income Portfolio Doesn't Quit

March 6, 2024 | msn.com

B of A Securities Downgrades BrightSpire Capital (BRSP)

February 22, 2024 | markets.businessinsider.com

Analysts Conflicted on These Real Estate Names: Two Harbors (TWO), Veris Residential (VRE) and BrightSpire Capital (BRSP)

February 22, 2024 | finance.yahoo.com

BrightSpire Capital, Inc. (NYSE:BRSP) Q4 2023 Earnings Call Transcript

February 22, 2024 | uk.finance.yahoo.com

Q4 2023 Brightspire Capital Inc Earnings Call

February 21, 2024 | finance.yahoo.com

BrightSpire Capital Inc Reports Mixed 2023 Financial Results

February 21, 2024 | seekingalpha.com

BrightSpire Capital, Inc. 2023 Q4 - Results - Earnings Call Presentation

February 21, 2024 | finance.yahoo.com

BrightSpire Capital, Inc. Announces Fourth Quarter & Full Year 2023 Financial Results

February 21, 2024 | businesswire.com

BrightSpire Capital, Inc. Announces Fourth Quarter & Full Year 2023 Financial Results

February 20, 2024 | benzinga.com

Earnings Preview For BrightSpire Capital

February 20, 2024 | msn.com

BrightSpire Capital Q4 2023 Earnings Preview

February 17, 2024 | finance.yahoo.com

BRSP Mar 2024 7.500 put

February 3, 2024 | finance.yahoo.com

Shareholders in BrightSpire Capital (NYSE:BRSP) have lost 35%, as stock drops 7.3% this past week

January 31, 2024 | finance.yahoo.com

BrightSpire Capital Announces Tax Treatment of 2023 Dividends

January 24, 2024 | finance.yahoo.com

BrightSpire Capital, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Date

January 4, 2024 | incomeinvestors.com

10.4%-Yield BrightSpire Capital Stock Up 20% Since November

January 4, 2024 | incomeinvestors.com

BrightSpire Capital Stock

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Company Calendar

Last Earnings: 8/03/2022
Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real estate investment trusts
Sub-Industry: N/A
Current Symbol: NYSE:BRSP
CUSIP: N/A
CIK: 1717547
Web: www.brightspire.com
Phone: (212) 547-2631
Fax: N/A
Employees: 54
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $7.67
High Stock Price Target: $8.50
Low Stock Price Target: $6.50
Potential Upside/Downside: +20.9%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.13)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 7.04
P/E Growth: N/A
Net Income: $-15,550,000.00
Net Margins: -7.34%
Pretax Margin: -10.15%
Return on Equity: 9.42%
Return on Assets: 2.84%

Debt

Debt-to-Equity Ratio: 1.62
Current Ratio: 0.55
Quick Ratio: 0.55

Sales & Book Value

Annual Sales: $298.70 million
Price / Sales: 2.77
Cash Flow: $1.24 per share
Price / Cash Flow: 5.11
Book Value: $9.84 per share
Price / Book: 0.64

Miscellaneous

Outstanding Shares: 130,640,000
Free Float: 128,141,000
Market Cap: $828.26 million
Optionable: Optionable
Beta: 1.89

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Key Executives

Mr. Michael Joseph Mazzei (Age 63)
CEO & Director
Comp: $2.84M
Mr. Andrew Elmore Witt (Age 45)
President & COO
Comp: $1.41M
Mr. Frank Vito Saracino CPA (Age 57)
Executive VP, CFO & Treasurer
Comp: $1.11M
Mr. David A. Palame (Age 47)
Executive VP, General Counsel & Secretary
Comp: $1.01M
Mr. Daniel E. Katz
MD & Head of Originations for Investment Management
Mr. Brad Nichol
MD & Head of Asset Management
Mr. Matthew Heslin
MD, Chief Credit Officer & Head of Debt Capital Markets
Mr. Tyler H. Ferrer
Managing Director of Operations & Loan Management
Mr. Gary S. Newman J.D.
Managing Director of Investment Management
Ms. Sonia Kim (Age 50)
Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BRSP Stock Analysis - Frequently Asked Questions

Should I buy or sell BrightSpire Capital stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BrightSpire Capital in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BRSP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRSP, but not buy additional shares or sell existing shares.
View BRSP analyst ratings or view top-rated stocks.
What is BrightSpire Capital's stock price target for 2024?: 3 brokerages have issued 1-year price targets for BrightSpire Capital's stock. Their BRSP share price targets range from $6.50 to $8.50. On average, they anticipate the company's stock price to reach $7.67 in the next year. This suggests a possible upside of 20.9% 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 2024?: BrightSpire Capital's stock was trading at $7.44 on January 1st, 2024. Since then, BRSP shares have decreased by 14.8% and is now trading at $6.34.
View the best growth stocks for 2024 here.
Are investors shorting BrightSpire Capital?: BrightSpire Capital saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 1,680,000 shares, a decrease of 7.7% from the February 29th total of 1,820,000 shares. Based on an average daily trading volume, of 715,800 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.3% of the company's 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, May 1st 2024.
View our BRSP earnings forecast.
How can I listen to BrightSpire Capital's earnings call?: BrightSpire Capital will be holding an earnings conference call on Wednesday, May 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745217".

How were BrightSpire Capital's earnings last quarter?: BrightSpire Capital, Inc. (NYSE:BRSP) released its quarterly earnings data on Wednesday, August, 3rd. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.03. BrightSpire Capital had a positive trailing twelve-month return on equity of 9.42% and a negative net margin of 7.34%. During the same quarter last year, the company 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 15th. Investors of record on Friday, March 29th will be paid a dividend of $0.20 per share on Monday, April 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 12.62%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for BRSP.
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 12.94%. 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 ETFs hold BrightSpire Capital's stock?: ETFs with the largest weight of BrightSpire Capital (NYSE:BRSP) stock in their portfolio include Global X SuperDividend REIT ETF (SRET), iShares Mortgage Real Estate ETF (REM) and VanEck Mortgage REIT Income ETF (MORT).Hoya Capital High Dividend Yield ETF (RIET).
Who are BrightSpire Capital's major shareholders?: BrightSpire Capital's stock is owned by many different institutional and retail investors. Top institutional shareholders include &PARTNERS (0.08%), Counterpoint Mutual Funds LLC (0.01%) and Allspring Global Investments Holdings LLC (0.00%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BRSP) was last updated on 4/19/2024 by MarketBeat.com Staff

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BrightSpire Capital (BRSP) Stock Price, News & Analysis

BrightSpire Capital MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About BrightSpire Capital Stock (NYSE:BRSP)

BRSP Stock Price History

BRSP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

BRSP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™