B. Riley Brokers Decrease Earnings Estimates for BRSP

BrightSpire Capital, Inc. (NYSE:BRSP) – Investment analysts at B. Riley decreased their Q1 2025 earnings estimates for BrightSpire Capital in a report issued on Monday, April 21st. B. Riley analyst R. Binner now expects that the company will earn $0.14 per share for the quarter, down from their prior estimate of $0.15. B. Riley currently has a “Buy” rating and a $9.00 price target on the stock. The consensus estimate for BrightSpire Capital’s current full-year earnings is $0.67 per share. B. Riley also issued estimates for BrightSpire Capital’s Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.14 EPS, Q4 2025 earnings at $0.14 EPS, FY2025 earnings at $0.57 EPS and FY2026 earnings at $0.62 EPS.

BrightSpire Capital (NYSE:BRSP) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.03). The firm had revenue of $17.46 million during the quarter, compared to analysts’ expectations of $65.81 million. BrightSpire Capital had a negative net margin of 79.23% and a positive return on equity of 8.82%. During the same period in the prior year, the company posted $0.28 earnings per share.

Other research analysts also recently issued reports about the stock. Jones Trading dropped their target price on shares of BrightSpire Capital from $7.25 to $6.50 and set a “buy” rating on the stock in a research report on Thursday, April 17th. Alliance Global Partners initiated coverage on shares of BrightSpire Capital in a research report on Friday, January 17th. They set a “buy” rating and a $7.25 target price on the stock. Finally, JMP Securities reduced their price target on shares of BrightSpire Capital from $7.50 to $6.50 and set a “market outperform” rating for the company in a research report on Tuesday. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $7.25.

BrightSpire Capital Trading Up 1.7 %

NYSE:BRSP opened at $4.74 on Thursday. The stock has a 50-day simple moving average of $5.48 and a 200-day simple moving average of $5.73. The stock has a market cap of $619.32 million, a P/E ratio of -4.51 and a beta of 1.54. BrightSpire Capital has a 1 year low of $4.16 and a 1 year high of $6.71. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.73 and a current ratio of 0.70.

BrightSpire Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.16 per share. The ex-dividend date was Monday, March 31st. This represents a $0.64 dividend on an annualized basis and a yield of 13.50%. BrightSpire Capital’s dividend payout ratio (DPR) is currently -60.95%.

Institutional Investors Weigh In On BrightSpire Capital

Hedge funds have recently made changes to their positions in the business. Ameriflex Group Inc. acquired a new position in BrightSpire Capital during the fourth quarter worth approximately $37,000. Brevan Howard Capital Management LP purchased a new stake in shares of BrightSpire Capital during the 4th quarter valued at $57,000. Winthrop Advisory Group LLC acquired a new stake in shares of BrightSpire Capital during the 4th quarter worth $61,000. Dark Forest Capital Management LP purchased a new position in shares of BrightSpire Capital in the 4th quarter worth $64,000. Finally, Fermata Advisors LLC acquired a new position in BrightSpire Capital in the fourth quarter valued at $65,000. Institutional investors and hedge funds own 56.57% of the company’s stock.

About BrightSpire Capital

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.