BrightSpire Capital (NYSE:BRSP) Receives Buy Rating from JonesTrading

JonesTrading reissued their buy rating on shares of BrightSpire Capital (NYSE:BRSP) in a report issued on Wednesday,Benzinga reports. The brokerage currently has a $6.50 price objective on the stock.

Several other brokerages have also recently commented on BRSP. Citigroup reiterated a “market outperform” rating on shares of BrightSpire Capital in a research report on Thursday, October 30th. Weiss Ratings raised BrightSpire Capital from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, February 3rd. Finally, B. Riley Financial started coverage on BrightSpire Capital in a report on Monday, January 5th. They issued a “buy” rating and a $7.50 price objective for the company. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, BrightSpire Capital presently has an average rating of “Moderate Buy” and an average price target of $6.40.

BrightSpire Capital Price Performance

Shares of BRSP stock opened at $5.80 on Wednesday. The firm has a market cap of $751.79 million, a price-to-earnings ratio of -22.29 and a beta of 1.39. BrightSpire Capital has a 12 month low of $4.16 and a 12 month high of $6.32. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 1.81. The stock has a 50-day moving average price of $5.88 and a 200 day moving average price of $5.65.

BrightSpire Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 11.0%. The ex-dividend date of this dividend was Wednesday, December 31st. BrightSpire Capital’s dividend payout ratio (DPR) is currently -246.15%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. North Ground Capital lifted its position in BrightSpire Capital by 90.5% during the 3rd quarter. North Ground Capital now owns 2,520,000 shares of the company’s stock worth $13,684,000 after buying an additional 1,197,000 shares in the last quarter. Millennium Management LLC increased its position in shares of BrightSpire Capital by 2,405.4% in the third quarter. Millennium Management LLC now owns 591,441 shares of the company’s stock valued at $3,212,000 after acquiring an additional 567,834 shares during the last quarter. Waterfall Asset Management LLC raised its holdings in BrightSpire Capital by 225.7% during the third quarter. Waterfall Asset Management LLC now owns 644,158 shares of the company’s stock worth $3,498,000 after acquiring an additional 446,358 shares in the last quarter. Blair William & Co. IL acquired a new position in BrightSpire Capital during the fourth quarter valued at approximately $2,075,000. Finally, Goldman Sachs Group Inc. grew its stake in BrightSpire Capital by 13.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,856,367 shares of the company’s stock valued at $15,996,000 after purchasing an additional 348,931 shares in the last quarter. Institutional investors own 56.57% of the company’s stock.

BrightSpire Capital News Roundup

Here are the key news stories impacting BrightSpire Capital this week:

• Positive Sentiment: Closed a $955 million commercial‑real‑estate CLO and placed about $833.2 million of investment‑grade securities, providing non‑recourse term financing and reducing mark‑to‑market funding risk — a liquidity/financing positive. Business Wire: CLO Closing
• Positive Sentiment: JonesTrading reaffirmed a “buy” rating and set a $6.50 price target (~12% above current levels), which supports upside expectations among some institutional analysts. Benzinga: JonesTrading Rating
• Neutral Sentiment: Full Q4 2025 earnings call transcript is available for investors to review management’s explanation of results, portfolio performance and capital priorities. Seeking Alpha: Q4 Call Transcript
• Neutral Sentiment: Presentation/slides from the Q4 results were filed; these provide loan/portfolio detail that may alter investor views once digested. Seeking Alpha: Q4 Presentation
• Neutral Sentiment: Pre‑earnings coverage and analysis summarized expectations and areas of focus for the quarter; useful context but not market‑moving on its own. Benzinga: Earnings Insights
• Negative Sentiment: Reported Adjusted Distributable Earnings of $0.15 but also a distributable loss of ($0.28) per share and GAAP net loss; the print and metrics were mixed and weaker than some expectations, increasing near‑term uncertainty on distributions. Press Release / Slide Deck
• Negative Sentiment: Zacks flagged a small EPS miss (reported $0.15 vs. Zacks est. $0.16), underscoring that portions of the quarter disappointed relative to consensus. Zacks: Q4 Miss

BrightSpire Capital Company Profile

BrightSpire Capital Inc (NYSE: BRSP) is a real estate investment trust (REIT) specializing in commercial real estate debt. The company primarily originates, acquires and manages a diversified portfolio of mortgage loans, mezzanine loans and preferred equity investments secured by office, retail, industrial, multifamily and hospitality assets across the United States. By focusing on income-producing credit instruments, BrightSpire seeks to deliver attractive risk-adjusted returns to its shareholders through regular dividend distributions.

BrightSpire’s investment strategy spans the capital structure of commercial real estate, with an emphasis on senior mortgages that offer more stable cash flows and downside protection.