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NYSE:BRSP

BrightSpire Capital (BRSP) Stock Price, News & Analysis

$5.66
-0.09 (-1.57%)
(As of 09/6/2024 ET)
Today's Range
$5.66
$5.75
50-Day Range
$5.11
$6.63
52-Week Range
$5.07
$8.01
Volume
494,283 shs
Average Volume
776,177 shs
Market Capitalization
$739.40 million
P/E Ratio
N/A
Dividend Yield
11.31%
Price Target
$7.33

BrightSpire Capital MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
29.6% Upside
$7.33 Price Target
Short Interest
Healthy
1.96% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.08mentions of BrightSpire Capital in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-2.53%
From $0.79 to $0.77 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.

3.04 out of 5 stars

Finance Sector

446th out of 871 stocks

Real Estate Investment Trusts Industry

90th out of 178 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

Pre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳
45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A investment now open.
BRSP Sep 2024 7.500 call (BRSP240920C00007500)
BRSP Sep 2024 10.000 put (BRSP240920P00010000)
Pre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳
45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A investment now open.
JMP Securities Keeps Their Buy Rating on BrightSpire Capital (BRSP)
BrightSpire Capital Reduces Dividend to 16 Cents
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Today
9/07/2024
Ex-Dividend for 10/15 Dividend
9/30/2024
Dividend Payable
10/15/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Fax
N/A
Employees
50
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.33
High Stock Price Target
$8.50
Low Stock Price Target
$6.50
Potential Upside/Downside
+29.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
$-15,550,000.00
Pretax Margin
-63.99%

Debt

Sales & Book Value

Annual Sales
$379.04 million
Cash Flow
$1.15 per share
Book Value
$8.41 per share

Miscellaneous

Free Float
128,141,000
Market Cap
$739.40 million
Optionable
Optionable
Beta
1.89
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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

How have BRSP shares performed this year?

BrightSpire Capital's stock was trading at $7.44 at the start of the year. Since then, BRSP shares have decreased by 23.9% and is now trading at $5.66.
View the best growth stocks for 2024 here
.

How were BrightSpire Capital's earnings last quarter?

BrightSpire Capital, Inc. (NYSE:BRSP) announced its quarterly earnings results on Wednesday, May, 1st. The company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by $0.02. The business had revenue of $27.43 million for the quarter, compared to analyst estimates of $28.64 million. BrightSpire Capital had a negative net margin of 63.99% and a positive trailing twelve-month return on equity of 9.51%.

Who are BrightSpire Capital's major shareholders?

Top institutional shareholders of BrightSpire Capital include Private Management Group Inc. (3.44%), Federated Hermes Inc. (1.22%), Van ECK Associates Corp (0.82%) and Private Advisor Group LLC (0.37%). Insiders that own company stock include Michael Mazzei, David A Palame and Catherine Rice.
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 9/7/2024 by MarketBeat.com Staff

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