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BrightSpire Capital (BRSP)
NYSE:BRSP
Holding BRSP?
Track your performance easily
BRSP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.07 - $8.01
Previous Close$5.97
Volume1.50M
Average Volume (3M)633.33K
Market Cap
$774.22M
Enterprise Value$3.08B
Total Cash (Recent Filing)$263.76M
Total Debt (Recent Filing)$2.57B
Price to Earnings (P/E)―
Beta1.68
Next Earnings
Feb 19, 2025EPS Estimate
$0.19Next Dividend Ex-Date
Dec 31, 2024Dividend Yield12.73%
Share Statistics
EPS (TTM)-1.01
Shares Outstanding129,685,185
10 Day Avg. Volume726,106
30 Day Avg. Volume633,325
Standard Deviation0.15
R-Squared0.44
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.71
Price to Sales (P/S)2.07
Price to Cash Flow (P/CF)6.20
P/FCF Ratio2.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.25
Enterprise Value/Gross Profit16.03
Enterprise Value/Ebitda-40.85
Forecast
1Y Price Target
$6.81Price Target Upside14.07% Upside
Rating ConsensusHold
Number of Analyst Covering5
BrightSpire Capital News
PremiumCompany Announcements
BrightSpire Capital Reports Solid Q3 2024 Results
PremiumPre-Earnings
Is BRSP a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCredit quality is improving, with a decrease in the number of loans on the watch list and a decline in general CECL reserves.
Liquidity And Capital ManagementThe company has increased liquidity by 31% and maintains a strong cash position, supporting further stock repurchases and new originations.
ValuationThe company's shares are considered undervalued at current levels, providing a strong risk-reward potential.
Bears Say
Dividend ReductionBRSP lowered the quarterly dividend by 20%, to $0.16 per share, due primarily to the drag on earnings related to the Norway investment.
Earnings ImpactGAAP earnings were negatively impacted by a $39.9M, or $0.31 per share, increase to CECL reserves, of which $11.8M was a specific reserve, and also by a $45.2M, or $0.35 per share, impairment charge related to certain legacy office assets.
Loan OriginationsBRSP received $127M of repayments during the quarter while originating zero new loans.
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Ownership Overview
2.10% Insiders
15.86% Mutual Funds
19.72% Other Institutional Investors
42.41% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BRSP FAQ
What was BrightSpire Capital’s price range in the past 12 months?
BrightSpire Capital lowest stock price was $5.07 and its highest was $8.01 in the past 12 months.
What is BrightSpire Capital’s market cap?
Currently, no data Available
When is BrightSpire Capital’s upcoming earnings report date?
BrightSpire Capital’s upcoming earnings report date is Feb 19, 2025 which is in 59 days.
How were BrightSpire Capital’s earnings last quarter?
BrightSpire Capital released its earnings results on Oct 29, 2024. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.195 by $0.015.
Is BrightSpire Capital overvalued?
According to Wall Street analysts BrightSpire Capital’s price is currently Undervalued.
Does BrightSpire Capital pay dividends?
BrightSpire Capital pays a Quarterly dividend of $0.159 which represents an annual dividend yield of 12.73%. See more information on BrightSpire Capital dividends here
What is BrightSpire Capital’s EPS estimate?
BrightSpire Capital’s EPS estimate is $0.19.
How many shares outstanding does BrightSpire Capital have?
BrightSpire Capital has 129,685,180 shares outstanding.
What happened to BrightSpire Capital’s price movement after its last earnings report?
BrightSpire Capital reported an EPS of $0.21 in its last earnings report, beating expectations of $0.195. Following the earnings report the stock price went up 18.286%.
Which hedge fund is a major shareholder of BrightSpire Capital?
Among the largest hedge funds holding BrightSpire Capital’s share is Nut Tree Capital Management, LP. It holds BrightSpire Capital’s shares valued at 62M.
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BrightSpire Capital Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$6.81 (14.07% Upside)
$6.81 (14.07% Upside)
Blogger Sentiment
Bullish
BRSP Sentiment 66%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 70.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 7.3%
Last 30 Days ▲ 7.3%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-10.86%
12-Months-Change
Fundamentals
Return on Equity
-10.70%
Trailing 12-Months
Asset Growth
-11.81%
Trailing 12-Months
Company Description
BrightSpire Capital
Colony Credit Real Estate, Inc. operates as a real estate investment trust. It originates, acquires, finances, and manages diversified portfolio consisting primarily of commercial real estate (CRE) senior mortgage loans, mezzanine loans, preferred equity, debt securities and net leased properties predominantly in the United States. It operates through the following segments: Loan Portfolio, CRE Debt Securities, Net Leased Real Estate, Other, and Corporate. The Loan Portfolio segment focuses on CRE debt investments. The CRE Debt Securities segment consists of investing in CMBS. The Net Leased Real Estate segment comprises of investments in commercial real estate. The other segment includes direct investments in non core operating real estate. The Corporate segment deals with corporate level asset management and other fees, related party and general and administrative expenses. The company was founded on August 23, 2017 and is headquartered in Los Angeles, CA.
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BRSP Company Deck
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BRSP Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted BrightSpire Capital's strong liquidity position and successful completion of a significant CLO transaction, along with positive movement in managing watch list loans and a share buyback program. However, challenges such as a defaulted hotel loan and a slow recovery in the loan market present notable obstacles. Despite these, the company's ability to cover its dividend and strategic financial maneuvers suggest an overall positive trajectory.Read More>---
BRSP Stock 12 Month Forecast
Average Price Target
$6.81
▲(14.07% Upside)
Technical Analysis
Best Analysts Covering BRSP
1 Year
1 Year Success Rate
3/14 ratings generated profit
1 Year Average Return
-4.46%
reiterated a buy rating 2 months ago
Copying Steven Delaney's trades and holding each position for 1 Year would result in 21.43% of your transactions generating a profit, with an average return of -4.46% per trade.
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