NYSE:BRSP

BrightSpire Capital (BRSP) Stock Price, News & Analysis

$6.23
-0.06 (-0.95%)
(As of 05/1/2024 ET)
Today's Range
$6.03
$6.46
50-Day Range
$6.16
$6.98
52-Week Range
$5.20
$8.01
Volume
1.99 million shs
Average Volume
723,179 shs
Market Capitalization
$813.86 million
P/E Ratio
N/A
Dividend Yield
12.84%
Price Target
$7.67

BrightSpire Capital MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
23.1% Upside
$7.67 Price Target
Short Interest
Healthy
1.25% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.12mentions of BrightSpire Capital in the last 14 days
Based on 4 Articles This Week
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.

2.40 out of 5 stars

Finance Sector

578th out of 815 stocks

Real Estate Investment Trusts Industry

116th out of 170 stocks

BRSP stock logo

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

BRSP Stock News Headlines

#1 election stock
I’ve found the number one company to buy… Before either Trump or Biden wins in November. It all has to do with an overlooked executive order that Trump signed just days before leaving office… and that Biden has quietly hijacked for his own political power.
BrightSpire Capital Inc. Class A
#1 election stock
I’ve found the number one company to buy… Before either Trump or Biden wins in November. It all has to do with an overlooked executive order that Trump signed just days before leaving office… and that Biden has quietly hijacked for his own political power.
BRSP Apr 2024 7.500 put
BrightSpire: My Income Portfolio Doesn't Quit
Q4 2023 Brightspire Capital Inc Earnings Call
Earnings Preview For BrightSpire Capital
BRSP Mar 2024 7.500 put
See 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.

Company Calendar

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

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
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
+23.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$-15,550,000.00
Pretax Margin
-10.15%

Debt

Sales & Book Value

Annual Sales
$392.11 million
Cash Flow
$1.17 per share
Book Value
$9.84 per share

Miscellaneous

Free Float
127,945,000
Market Cap
$809.94 million
Optionable
Optionable
Beta
1.89
20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

Key Executives

  • Mr. Michael Joseph Mazzei (Age 63)
    CEO & Director
    Comp: $2.85M
  • Mr. Andrew Elmore Witt (Age 46)
    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: $1.06M
  • 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

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 twelve months. 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 Wall Street research analysts have issued twelve-month price objectives for BrightSpire Capital's shares. 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 23.1% 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 at the start of the year. Since then, BRSP shares have decreased by 16.3% and is now trading at $6.23.
View the best growth stocks for 2024 here
.

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 were BrightSpire Capital's earnings last quarter?

BrightSpire Capital, Inc. (NYSE:BRSP) released its earnings results on Wednesday, August, 3rd. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 period in the previous year, the company earned $0.20 earnings per share.

How often does BrightSpire Capital pay dividends? What is the dividend yield for BrightSpire Capital?

BrightSpire Capital declared a quarterly dividend on Friday, March 15th. Investors of record on Friday, March 29th will be given 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 12.84%. The ex-dividend date of this dividend 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 12.50%. 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?
Who are BrightSpire Capital's major shareholders?

BrightSpire Capital's stock is owned by a variety of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (0.61%), Cambridge Investment Research Advisors Inc. (0.36%), Commonwealth Equity Services LLC (0.09%), &PARTNERS (0.08%), PFG Investments LLC (0.06%) and Mirae Asset Global Investments Co. Ltd. (0.03%). 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 5/1/2024 by MarketBeat.com Staff

From Our Partners