Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
BrightSpire Capital, Inc. Market Cap
Based on ratings from 0 stock analysts, the BrightSpire Capital, Inc. stock price is expected to increase by 36.36% in 12 months. This is calculated by using the average 12-month stock price forecast for BrightSpire Capital, Inc.. The lowest target is $5.5 and the highest is $10. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedBRSP 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect BrightSpire Capital, Inc. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BRSP. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BRSP.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Chris Muller JMP Securities | Market Outperform | $7.5 | Reiterates | Sep 19, 2024 |
| Thomas Catherwood BTIG | Neutral | Assumes | Jul 19, 2024 | |
| Terry Ma Barclays | Equal-Weight | $7 | Maintains | May 2, 2024 |
| Eric Dray B of A Securities | Underperform | $6.5 | Downgrade | Mar 4, 2024 |
| Terry Ma Barclays | Equal-Weight | $8 | Maintains | Jan 22, 2024 |
| Terry Ma Barclays | Equal-Weight | $6 | Initiates | Nov 15, 2023 |
| Chris Muller JMP Securities | Market Outperform | $8.5 | Maintains | Nov 1, 2023 |
| Chris Muller JMP Securities | Market Outperform | $9.5 | Reiterates | Sep 6, 2023 |
| Chris Muller JMP Securities | Market Outperform | $9.5 | Reiterates | May 4, 2023 |
| Sarah Barcomb BTIG | Neutral | Assumes | Apr 25, 2023 | |
| Jason Stewart JonesTrading | Hold | Downgrade | Mar 1, 2023 | |
| Eric Hagen BTIG | Neutral | Downgrade | Dec 6, 2022 | |
| Jason Stewart JonesTrading | Buy | $11 | Initiates | Dec 6, 2022 |
| Stephen Laws Raymond James | Outperform | $10 | Maintains | Oct 18, 2022 |
| Steven Delaney JMP Securities | Market Outperform | $10.5 | Maintains | Sep 8, 2022 |
| Stephen Laws Raymond James | Outperform | $11 | Maintains | Jul 18, 2022 |
B of A Securities | Neutral | Initiates | Feb 18, 2022 | |
JMP Securities | Market Outperform | Initiates | Dec 17, 2021 | |
Raymond James | Outperform | Upgrade | Nov 2, 2021 | |
BTIG | Buy | Upgrade | Aug 19, 2021 |
When did it IPO
2021
Staff Count
54
Country
United States
Sector/Industry
Real Estate/REIT - Mortgage
CEO
Mr. Michael Joseph Mazzei
Market Cap
$731.5M
In 2023, BRSP generated $392.1M in revenue, which was a increase of 9.36% from the previous year. This can be seen as a signal that BRSP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 14 Aug 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - BrightSpire Capital, Inc. has recently cut dividends, prompting a detailed review of their earnings to identify potential systemic issues affecting the company.
Why It Matters - Dividend cuts signal potential financial distress, prompting investors to reassess company stability and future prospects. Analyzing BrightSpire Capital’s earnings can reveal underlying risks.
Fri, 09 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - BrightSpire Capital priced a $675 million Commercial Real Estate CLO, BRSP 2024-FL2, on August 1, 2024, scheduled to close on August 15, 2024, secured by 22 first-lien mortgages.
Why It Matters - BrightSpire's $675 million CLO signals strong capital management and investment in commercial real estate, potentially boosting liquidity and returns, impacting stock performance and investor sentiment.
Sat, 10 Aug 2024
Sentiment - POSITIVE
Source - 24/7 Wall Street
Summary - Companies offering ultra-high-yield dividends are ideal for investors looking for passive income opportunities.
Why It Matters - Ultra-high-yield dividends attract income-focused investors, signaling strong cash flow and stability, which can boost stock demand and prices in high-yield markets.
Sun, 04 Aug 2024
Sentiment - NEGATIVE
Source - Seeking Alpha
Summary - BrightSpire has cut its dividend again, reflecting ongoing poor performance in the market. Investors might consider exiting their positions.
Why It Matters - BrightSpire's dividend cut signals ongoing poor performance, prompting concerns about income sustainability and potential portfolio reevaluation. Long-term trends may further impact investor sentiment.
Wed, 31 Jul 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - BrightSpire Capital, Inc. (NYSE: BRSP) held its Q2 2024 earnings call on July 31, 2024, featuring executives including CEO Mike Mazzei and CFO Frank Saracino.
Why It Matters - BrightSpire Capital's Q2 2024 results can signal financial performance trends and strategic direction, impacting stock valuation and investor sentiment.
Tue, 30 Jul 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - BrightSpire Capital reported a Q2 2024 GAAP net loss of $67.9 million ($0.53/share) and Distributable Earnings of $17 million ($0.13/share). Adjusted Distributable Earnings stood at $28.8 million ($0.22/share).
Why It Matters - BrightSpire Capital's significant net loss and earnings figures may signal financial instability, potentially impacting shareholder confidence and stock performance.
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