BrightSpire Capital, Inc. (BRSP)
| 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...]
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 StatementsAnalyst 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.
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...
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...