BrightSpire Capital (BRSP) Projected to Post Earnings on Tuesday

BrightSpire Capital (NYSE:BRSP - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $63.91 million for the quarter.

BrightSpire Capital (NYSE:BRSP - Get Free Report) last released 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 business had revenue of $17.46 million during the quarter, compared to analyst estimates 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 last year, the business earned $0.28 EPS.

BrightSpire Capital Stock Performance

Shares of NYSE BRSP traded up $0.08 during trading hours on Thursday, reaching $4.74. The stock had a trading volume of 401,637 shares, compared to its average volume of 767,265. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.70 and a quick ratio of 0.73. The business's fifty day moving average is $5.48 and its two-hundred day moving average is $5.73. BrightSpire Capital has a twelve month low of $4.16 and a twelve month high of $6.71. The company has a market cap of $619.32 million, a price-to-earnings ratio of -4.51 and a beta of 1.54.

BrightSpire Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 13.50%. The ex-dividend date of this dividend was Monday, March 31st. BrightSpire Capital's dividend payout ratio is -60.95%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on BRSP shares. Jones Trading cut their price objective on BrightSpire Capital from $7.25 to $6.50 and set a "buy" rating on the stock in a report on Thursday, April 17th. Alliance Global Partners started coverage on shares of BrightSpire Capital in a research note on Friday, January 17th. They issued a "buy" rating and a $7.25 price target on the stock. JMP Securities dropped their target price on shares of BrightSpire Capital from $7.50 to $6.50 and set a "market outperform" rating for the company in a research report on Tuesday. Finally, B. Riley cut their target price on shares of BrightSpire Capital from $10.00 to $9.00 and set a "buy" rating on the stock in a research report on Tuesday, January 7th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, BrightSpire Capital has a consensus rating of "Moderate Buy" and an average price target of $7.25.

About BrightSpire Capital

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.