BrightSpire Capital, Inc. (BRSP)

NYSE: BRSP · IEX Real-Time Price · USD
9.17
+0.34 (3.85%)
Aug 12, 2022 4:00 PM EDT - Market closed
3.85%
Market Cap 1.18B
Revenue (ttm) 231.52M
Net Income (ttm) 73.00M
Shares Out 128.96M
EPS (ttm) 0.55
PE Ratio 16.67
Forward PE n/a
Dividend $0.73 (7.96%)
Ex-Dividend Date Jun 29, 2022
Volume 506,146
Open 8.94
Previous Close 8.83
Day's Range 8.88 - 9.17
52-Week Range 7.09 - 10.46
Beta 1.68
Analysts Buy
Price Target 11.12 (+21.3%)
Earnings Date Aug 3, 2022

About BRSP

BrightSpire Capital, Inc. operates as a commercial real estate (CRE) credit real estate investment trust in the United States. It focuses on originating, acquiring, financing, and managing a portfolio of CRE senior mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties. The company qualifies as a real estate investment trust for federal income tax purposes. The company was formerly known as Colony Credit Real Estate, Inc. and changed its name to BrightSpire Capital, Inc. in June 2021. BrightSpire Capital, ... [Read more...]

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

Financial Performance

In 2021, BRSP's revenue was $224.48 million, a decrease of -19.60% compared to the previous year's $279.19 million. Losses were -$101.05 million, -71.40% less than in 2020.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for BRSP stock is "Buy." The 12-month stock price forecast is 11.12, which is an increase of 21.26% from the latest price.

Price Target
$11.12
(21.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

BrightSpire (BRSP) Tops Q2 Earnings and Revenue Estimates

Colony Credit (BRSP) delivered earnings and revenue surprises of 4.35% and 8.67%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

BrightSpire Capital, Inc. Announces Second Quarter 2022 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 ended June 30, 2022 and certain up...

BrightSpire Capital, Inc. Announces Second Quarter 2022 Earnings Results and Conference Call Date

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release second quarter 2022 financial results before the market opens o...

BrightSpire Capital Announces $0.20 Per Share Dividend for Second Quarter 2022

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 shar...

BrightSpire Capital, Inc. to Present at Nareit's REITweek 2022 Investor Conference

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that Mike Mazzei, Chief Executive Officer, will participate in a fireside chat ...

BrightSpire Capital, Inc. Announces $100 Million Common Stock Repurchase Plan

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company's Board of Directors have authorized a stock repurchase progra...

BrightSpire (BRSP) Lags Q1 Earnings and Revenue Estimates

Colony Credit (BRSP) delivered earnings and revenue surprises of -8.33% and 3.34%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

BrightSpire Capital, Inc. Announces First Quarter 2022 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 ended March 31, 2022 and certain up...

BrightSpire Capital, Inc. Announces First Quarter 2022 Earnings Results and Conference Call Date

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release first quarter 2022 financial results before the market opens on...

BrightSpire Capital Announces $0.19 Per Share Dividend for First Quarter 2022

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 $0.19 per shar...

BrightSpire Capital, Inc. Announces 2022 Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced the Board of Directors set March 18, 2022 as the record date for the Company's ...

BrightSpire (BRSP) Surpasses Q4 Earnings and Revenue Estimates

Colony Credit (BRSP) delivered earnings and revenue surprises of 17.39% and 25.54%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

BrightSpire Capital, Inc. Announces Fourth Quarter & Full Year 2021 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, 2...

BrightSpire (BRSP) Reports Next Week: Wall Street Expects Earnings Growth

Colony Credit (BRSP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BrightSpire Capital, Inc. Announces Fourth Quarter and Full Year 2021 Earnings Results and Conference Call Date

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release fourth quarter and full year 2021 financial results before the ...

BrightSpire Capital Adjusts Book Value Increases from Co-Invest Portfolio Sale and Preferred Financing Payoff

NEW YORK--(BUSINESS WIRE)--On December 22, 2021, subsidiaries of BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”), announced the payoff of its “5-Investment Preferred Fina...

BrightSpire Capital Pays Off $200 Million Preferred Indebtedness to Goldman Sachs Asset Management Vintage Funds

NEW YORK--(BUSINESS WIRE)--On December 22, 2021, subsidiaries of BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”), one of the largest publicly traded commercial real estat...

Fortress Announces Completed Acquisitions of DigitalBridge and BrightSpire Capital Assets for Total Consideration of ...

NEW YORK--(BUSINESS WIRE)--Fortress Investment Group LLC (“Fortress”) today announced that its affiliates have completed previously announced transactions with DigitalBridge Group Inc. (NYSE: DBRG, “Dig...

Other symbols: DBRG

BrightSpire Capital, Inc. Closes Previously Announced $223 Million Co-Invest Portfolio Sale to Fortress

NEW YORK--(BUSINESS WIRE)--On December 20, 2021, BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”), one of the largest publicly traded commercial real estate (CRE) credit R...

BrightSpire Capital Announces Appointment of Catherine Long to Board of Directors

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced today the appointment of Catherine Long, former founding member, executive vice presi...

Wall Street Analysts Predict a 25% Upside in Colony Credit (BRSP): Here's What You Should Know

The average of price targets set by Wall Street analysts indicates a potential upside of 25.5% in Colony Credit (BRSP). While the effectiveness of this highly sought-after metric is questionable, the po...

BrightSpire (BRSP) Tops Q3 Earnings and Revenue Estimates

Colony Credit (BRSP) delivered earnings and revenue surprises of 23.81% and 23.09%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

BrightSpire Capital, Inc. Announces Third Quarter 2021 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 ended September 30, 2021 and certai...

Earnings Preview: BrightSpire (BRSP) Q3 Earnings Expected to Decline

Colony Credit (BRSP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BrightSpire Capital Announces Appointment of Kim S. Diamond to Board of Directors

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced the appointment of Kim S. Diamond, former founding executive of Kroll Bond Rati...