BrightSpire Capital, Inc. (NYSE:BRSP – Free Report) – B. Riley dropped their Q2 2025 earnings estimates for BrightSpire Capital in a research note issued to investors on Thursday, May 1st. B. Riley analyst R. Binner now anticipates that the company will post earnings of $0.13 per share for the quarter, down from their prior estimate of $0.14. B. Riley has a “Buy” rating and a $9.00 price objective on the stock. The consensus estimate for BrightSpire Capital’s current full-year earnings is $0.67 per share.
BrightSpire Capital (NYSE:BRSP – Get Free Report) last posted its earnings results on Tuesday, February 18th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.03). The company had revenue of $17.46 million during the quarter, compared to analysts’ expectations of $65.81 million. BrightSpire Capital had a negative net margin of 79.23% and a positive return on equity of 8.82%. During the same period in the previous year, the company posted $0.28 EPS.
Get Our Latest Analysis on BRSP
BrightSpire Capital Stock Up 4.4 %
Shares of NYSE:BRSP opened at $5.23 on Monday. The company has a quick ratio of 0.73, a current ratio of 0.70 and a debt-to-equity ratio of 1.79. The company has a market capitalization of $683.34 million, a P/E ratio of -4.98 and a beta of 1.54. BrightSpire Capital has a 52-week low of $4.16 and a 52-week high of $6.71. The stock’s fifty day simple moving average is $5.35 and its 200-day simple moving average is $5.72.
Hedge Funds Weigh In On BrightSpire Capital
Hedge funds have recently made changes to their positions in the stock. Financial Gravity Asset Management Inc. purchased a new position in shares of BrightSpire Capital in the 1st quarter worth $119,000. Allworth Financial LP raised its holdings in shares of BrightSpire Capital by 2,719.2% in the 1st quarter. Allworth Financial LP now owns 17,733 shares of the company’s stock worth $99,000 after purchasing an additional 17,104 shares during the period. M&T Bank Corp purchased a new position in shares of BrightSpire Capital in the 1st quarter worth about $62,000. Penserra Capital Management LLC lifted its stake in shares of BrightSpire Capital by 21.0% in the 1st quarter. Penserra Capital Management LLC now owns 179,493 shares of the company’s stock valued at $997,000 after purchasing an additional 31,194 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of BrightSpire Capital by 2.3% during the 1st quarter. Bank of New York Mellon Corp now owns 366,248 shares of the company’s stock worth $2,036,000 after purchasing an additional 8,404 shares during the period. Institutional investors and hedge funds own 56.57% of the company’s stock.
BrightSpire Capital Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 12.24%. The ex-dividend date of this dividend was Monday, March 31st. BrightSpire Capital’s dividend payout ratio (DPR) is -114.29%.
BrightSpire Capital Company Profile
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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