B. Riley Predicts Reduced Earnings for BrightSpire Capital

BrightSpire Capital, Inc. (NYSE:BRSP - Free Report) - Research analysts at B. Riley decreased their Q1 2025 earnings per share (EPS) estimates for BrightSpire Capital in a research report issued on Monday, April 21st. B. Riley analyst R. Binner now forecasts that the company will post earnings per share of $0.14 for the quarter, down from their previous forecast of $0.15. B. Riley currently has a "Buy" rating and a $9.00 price target on the stock. The consensus estimate for BrightSpire Capital's current full-year earnings is $0.67 per share. B. Riley also issued estimates for BrightSpire Capital's Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.14 EPS, Q4 2025 earnings at $0.14 EPS, FY2025 earnings at $0.57 EPS and FY2026 earnings at $0.62 EPS.

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 the consensus estimate of $0.19 by ($0.03). BrightSpire Capital had a negative net margin of 79.23% and a positive return on equity of 8.82%. The business had revenue of $17.46 million for the quarter, compared to analysts' expectations of $65.81 million. During the same period last year, the firm posted $0.28 earnings per share.

Several other equities analysts have also recently issued reports on BRSP. Jones Trading reduced their price target on shares of BrightSpire Capital from $7.25 to $6.50 and set a "buy" rating on the stock in a research report on Thursday, April 17th. JMP Securities reduced their target price on BrightSpire Capital from $7.50 to $6.50 and set a "market outperform" rating on the stock in a report on Tuesday. Finally, Alliance Global Partners assumed coverage on BrightSpire Capital in a research note on Friday, January 17th. They issued a "buy" rating and a $7.25 target price for the company. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $7.25.

BrightSpire Capital Stock Up 0.6 %

Shares of BrightSpire Capital stock opened at $4.66 on Thursday. The company's fifty day simple moving average is $5.50 and its two-hundred day simple moving average is $5.74. BrightSpire Capital has a 12-month low of $4.16 and a 12-month high of $6.71. The company has a current ratio of 0.70, a quick ratio of 0.73 and a debt-to-equity ratio of 1.79. The company has a market cap of $608.87 million, a P/E ratio of -4.44 and a beta of 1.54.

BrightSpire Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.64 annualized dividend and a dividend yield of 13.73%. BrightSpire Capital's payout ratio is -60.95%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ameriflex Group Inc. purchased a new stake in BrightSpire Capital during the 4th quarter valued at $37,000. Brevan Howard Capital Management LP purchased a new stake in BrightSpire Capital during the fourth quarter valued at $57,000. Winthrop Advisory Group LLC bought a new position in BrightSpire Capital in the fourth quarter valued at about $61,000. Dark Forest Capital Management LP purchased a new position in BrightSpire Capital in the fourth quarter worth about $64,000. Finally, Fermata Advisors LLC bought a new stake in shares of BrightSpire Capital during the 4th quarter valued at about $65,000. Institutional investors own 56.57% of the company's stock.

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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