BrightSpire Capital, Inc. (BRSP)

NYSE: BRSP · Real-Time Price · USD
6.05
-0.04 (-0.66%)
Feb 21, 2025, 4:00 PM EST - Market closed
-0.66%
Market Cap 784.60M
Revenue (ttm) 358.81M
Net Income (ttm) -133.91M
Shares Out 129.69M
EPS (ttm) -1.05
PE Ratio n/a
Forward PE 20.39
Dividend $0.64 (10.58%)
Ex-Dividend Date Dec 31, 2024
Volume 871,783
Open 6.13
Previous Close 6.09
Day's Range 6.00 - 6.15
52-Week Range 5.07 - 7.04
Beta 1.94
Analysts Hold
Price Target 7.06 (+16.69%)
Earnings Date Feb 18, 2025

About 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 ... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Feb 1, 2018
Employees 55
Stock Exchange NYSE
Ticker Symbol BRSP
Full Company Profile

Financial Performance

In 2024, BrightSpire Capital's revenue was $358.81 million, a decrease of -13.56% compared to the previous year's $415.08 million. Losses were -$133.91 million, 761.2% more than in 2023.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for BRSP stock is "Hold." The 12-month stock price forecast is $7.06, which is an increase of 16.69% from the latest price.

Price Target
$7.06
(16.69% upside)
Analyst Consensus: Hold
Stock Forecasts

News

BrightSpire Capital, Inc. (BRSP) Q4 2024 Earnings Call Transcript

BrightSpire Capital, Inc. (NYSE:BRSP) Q4 2024 Earnings Conference Call February 19, 2025 10:00 AM ET Company Participants David Palame - General Counsel Michael J. Mazzei - Chief Executive Officer An...

2 days ago - Seeking Alpha

BrightSpire Capital, Inc. Announces Fourth Quarter & Full Year 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced its financial results for the fourth quarter and full year ended December 31,...

3 days ago - Business Wire

BrightSpire Capital Announces Tax Treatment of 2024 Dividends

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced the tax treatment of its 2024 common stock dividends. The following table summarize...

22 days ago - Business Wire

BrightSpire Capital: Income Potential With Rate Cuts

BrightSpire Capital, Inc. is a mortgage REIT with an 11% dividend yield, paid quarterly. Upcoming 4th Quarter earnings on February 19th could impact share price. BRSP stock has a concerning -15.28% 5-...

24 days ago - Seeking Alpha

BrightSpire Capital, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Dates

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release fourth quarter and full year 2024 financial results on Tuesda...

4 weeks ago - Business Wire

The More They Drop, The More I Buy

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7 weeks ago - Seeking Alpha

BrightSpire Capital Announces $0.16 Per Share Dividend for Fourth Quarter 2024

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company's Board of Directors has declared a dividend of $0.16 per sh...

2 months ago - Business Wire

Collect Income, Watch The Future Brighten: BrightSpire

The best time to buy income is when others put it on sale. I buy income at steep discounts and get both high yields and capital gains. Total return? Yes, mine is wonderful.

3 months ago - Seeking Alpha

BrightSpire Capital, Inc. (BRSP) Q3 2024 Earnings Call Transcript

BrightSpire Capital, Inc. (NYSE:BRSP) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants David Palame - General Counsel Mike Mazzei - Chief Executive Officer Andy Witt...

4 months ago - Seeking Alpha

BrightSpire Capital, Inc. Announces Third Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced its financial results for the third quarter 2024 and certain updates. The Com...

4 months ago - Business Wire

BrightSpire Capital: Loan Loss Risk Remains Elevated But Positive Signs Are Emerging

BrightSpire Capital faces challenges due to high office sector exposure and elevated loan loss provisioning, impacting earnings and net asset value. Approximately 20% of BRSP's portfolio is on the wat...

4 months ago - Seeking Alpha

BrightSpire Capital, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call Dates

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release third quarter 2024 financial results on Tuesday, October 29, ...

4 months ago - Business Wire

12% Yield And Conservative Management. Yes!: BrightSpire

When a dividend cut occurs, it's time to analyze the data again and evaluate the outcomes. My portfolio has seen 20 hikes and 4 cuts, but every cut deserves focused attention. We provide an in-depth r...

6 months ago - Seeking Alpha

BrightSpire Capital Announces Pricing of $675 Million BRSP 2024-FL2 Commercial Real Estate CLO and the Redemption of CLNC 2019-FL1

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2024-FL2, a $675 million managed Commercial Real Estat...

7 months ago - Business Wire

BrightSpire Capital: Looking For Income In Alderaan Places

Markets play out themes on long timeframes, destroying income-chasing mentality slowly. BrightSpire delivered another blow to the perpetually poor performance with another dividend cut. We dig in and ...

7 months ago - Seeking Alpha

BrightSpire Capital, Inc. (BRSP) Q2 2024 Earnings Call Transcript

BrightSpire Capital, Inc. (NYSE:BRSP) Q2 2024 Results Conference Call July 31, 2024 10:00 AM ET Company Participants David Palame - General Counsel Mike Mazzei - Chief Executive Officer Andy Witt - P...

7 months ago - Seeking Alpha

BrightSpire Capital, Inc. Announces Second Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced its financial results for the second quarter 2024 and certain updates. The Co...

7 months ago - Business Wire

BrightSpire Capital, Inc. Announces Second Quarter 2024 Earnings Release and Conference Call Dates

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release second quarter 2024 financial results on Tuesday, July 30, 20...

8 months ago - Business Wire

BrightSpire Capital Announces $0.20 Per Share Dividend for Second Quarter 2024

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company's Board of Directors has declared a dividend of $0.20 per sh...

8 months ago - Business Wire

BrightSpire: 13% Yield But Negative Total Returns Since 2018

BrightSpire Capital, Inc. was spun out from DigitalBridge in 2018. The total returns on DigitalBridge since inception have been negative 69.46%, including distributions. BrightSpire is headed in the s...

9 months ago - Seeking Alpha

BrightSpire Capital, Inc. to Present in Nareit's REITweek 2024 Investor Conference

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that Mike Mazzei, Chief Executive Officer, and other members of the senior ma...

9 months ago - Business Wire

Seeking Yields Of At Least 13%

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Other symbols: TPVG
9 months ago - Seeking Alpha

The Labor Downshift

U.S. equity markets advanced for a second week while benchmark interest rates retreated from five-month highs after a critical slate of employment data showed a long-awaited cooldown in hiring trends....

10 months ago - Seeking Alpha

BrightSpire Capital, Inc. (BRSP) Q1 2024 Earnings Call Transcript

BrightSpire Capital, Inc. (NYSE:BRSP) Q1 2024 Results Conference Call May 1, 2024 10:00 AM ET Company Participants David Palame - General Counsel Mike Mazzei - Chief Executive Officer Andy Witt - Pre...

10 months ago - Seeking Alpha

BrightSpire Capital, Inc. Announces First Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced its financial results for the first quarter 2024 and certain updates. The Com...

10 months ago - Business Wire