BRSP - BrightSpire Capital, Inc. Stock Price, Fair Value and News

6.35USD+0.14 (+2.25%)Market Closed

Market Summary

USD6.35+0.14

Market Closed

2.25%

BRSP Alerts

1 major insider sales recently.

BRSP Stock Price

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BRSP RSI Chart

BRSP Valuation

Market Cap

825.4M

Price/Earnings (Trailing)

-52.94

Price/Sales (Trailing)

2.76

EV/EBITDA

3.1

Price/Free Cashflow

BRSP Price/Sales (Trailing)

BRSP Profitability

EBT Margin

-7.90%

Return on Equity

-1.22%

Return on Assets

-0.37%

Free Cashflow Yield

16.67%

BRSP Fundamentals

BRSP Revenue

Revenue (TTM)

298.7M

Rev. Growth (Yr)

-2.32%

Rev. Growth (Qtr)

-3.32%

BRSP Earnings

Earnings (TTM)

-15.6M

Earnings Growth (Yr)

-536.43%

Earnings Growth (Qtr)

-231.41%

Breaking Down BRSP Revenue

Last 7 days

1.1%

Last 30 days

-8.4%

Last 90 days

-11.4%

Trailing 12 Months

10.2%

How does BRSP drawdown profile look like?

BRSP Financial Health

BRSP Investor Care

Dividend Yield

12.6%

Dividend/Share (TTM)

0.8

Shares Dilution (1Y)

0.86%

Diluted EPS (TTM)

-0.13

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	267.2M	288.5M	300.4M	298.7M
2022	179.0M	194.2M	210.8M	236.2M
2021	129.3M	131.9M	137.2M	168.8M
2020	254.9M	225.1M	202.5M	156.9M
2019	216.5M	241.3M	251.7M	256.3M
2018	79.1M	82.5M	130.1M	182.2M
2017	0	0	0	85.1M
2016	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of BrightSpire Capital, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 27, 2024	palame david a	sold	-338,000	6.76	-50,000	see remarks
Mar 15, 2024	witt andrew elmore	sold (taxes)	-573,014	6.71	-85,397	see remarks
Mar 15, 2024	palame david a	acquired	-	-	72,601	see remarks
Mar 15, 2024	palame david a	sold (taxes)	-333,467	6.71	-49,697	see remarks
Mar 15, 2024	mazzei michael	acquired	-	-	223,547	ceo
Mar 15, 2024	mazzei michael	sold (taxes)	-1,153,320	6.71	-171,881	ceo
Mar 15, 2024	saracino frank v	acquired	-	-	70,790	see remarks
Mar 15, 2024	saracino frank v	sold (taxes)	-322,462	6.71	-48,057	see remarks
Mar 15, 2024	witt andrew elmore	acquired	-	-	111,774	see remarks
May 17, 2023	rice catherine	acquired	-	-	18,657	-

Which funds bought or sold BRSP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	Allspring Global Investments Holdings, LLC	added	2,407	39,507	41,285	-%
Apr 16, 2024	Arlington Trust Co LLC	unchanged	-	-4,950	62,010	0.02%
Apr 15, 2024	Sound Income Strategies, LLC	unchanged	-	-1,943	24,335	-%
Apr 15, 2024	Sunbelt Securities, Inc.	added	0.4	-5,623	74,446	0.01%
Apr 15, 2024	Counterpoint Mutual Funds LLC	reduced	-29.84	-61,410	113,892	0.03%
Apr 12, 2024	HUDSON VALLEY INVESTMENT ADVISORS INC /ADV	unchanged	-	-7,200	82,680	0.01%
Apr 12, 2024	Ignite Planners, LLC	reduced	-1.52	-13,992	108,241	0.03%
Apr 12, 2024	ARMSTRONG ADVISORY GROUP, INC	unchanged	-	-	27,648	-%
Apr 11, 2024	&PARTNERS	reduced	-7.58	-114,209	678,114	0.09%
Apr 11, 2024	Independent Wealth Network Inc.	sold off	-100	-133,842	-	-%

Are Funds Buying or Selling BRSP?

Are funds buying BRSP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BRSP

No. of Funds

BRSP Alerts

1 major insider sales recently.

Unveiling BrightSpire Capital, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	nut tree capital management, lp	8.5%	10,993,946	SC 13G/A
Jan 25, 2024	blackrock inc.	8.7%	11,293,677	SC 13G
Jan 10, 2024	vanguard group inc	10.27%	13,353,915	SC 13G/A
Mar 03, 2023	digitalbridge group, inc.	0.1%	79,001	SC 13D/A
Feb 14, 2023	nut tree capital management, lp	7.3%	9,414,811	SC 13G/A
Feb 09, 2023	vanguard group inc	6.94%	8,947,191	SC 13G/A
Feb 01, 2023	blackrock inc.	5.8%	7,456,988	SC 13G/A
Mar 03, 2022	digitalbridge group, inc.	27.0%	34,990,945	SC 13D/A
Feb 14, 2022	nut tree capital management, lp	7.7%	1e+07	SC 13G
Feb 09, 2022	vanguard group inc	6.51%	8,449,862	SC 13G/A

Recent SEC filings of BrightSpire Capital, Inc.

View All Filings

Date Filed	Form Type	Document
Mar 29, 2024	4	Insider Trading
Mar 27, 2024	DEFA14A	DEFA14A
Mar 27, 2024	DEF 14A	DEF 14A
Mar 27, 2024	ARS	ARS
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Feb 21, 2024	8-K	Current Report
Feb 21, 2024	10-K	Annual Report

Peers (Alternatives to BrightSpire Capital, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	79.9B	11.1B	-11.94%	-16.63%	58.47	7.17	4.04%	-19.43%
CCI	41.4B	7.0B	-8.87%	-24.96%	27.55	5.92	-0.07%	-10.36%
AVB	26.2B	2.8B	0.30%	6.36%	28.18	9.45	6.73%	-18.30%
ARE	19.9B	2.9B	-8.38%	-6.65%	191.73	6.89	11.46%	-80.13%
AMH	12.8B	1.6B	-2.62%	6.17%	29.55	7.95	7.80%	39.39%
REG	10.8B	1.3B	-3.14%	-3.60%	29.55	8.15	8.04%	-24.50%
BXP	9.4B	3.3B	-6.63%	15.11%	49.67	2.89	5.31%	-77.32%
MID-CAP
FRT	8.3B	1.1B	-1.33%	2.80%	34.93	7.31	5.38%	-38.52%
MAC	3.3B	884.1M	-10.11%	54.70%	-12.04	3.73	2.90%	-314.82%
SLG	3.2B	899.4M	-6.40%	107.66%	-5.69	3.57	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	-2.46%	15.40%	19.75	2.9	4.38%	15.77%
AIV	1.1B	198.2M	1.56%	-2.62%	-7.2	5.71	-43.33%	-270.70%
MFA	1.1B	605.6M	-9.30%	1.07%	13.28	1.76	25.53%	134.62%
NYMT	635.9M	258.7M	-4.65%	-31.33%	-13.07	2.46	0.11%	83.70%
IVR	399.3M	277.9M	-12.53%	-21.90%	-25.18	1.44	44.33%	96.06%

BrightSpire Capital, Inc. News

Latest updates

BrightSpire Capital, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-3.3%	73,118	75,630	74,339	75,616	74,857	63,671	53,083	44,570	49,468	47,082	37,921	34,374	17,859	41,708	35,362	61,922	63,464	64,312	65,201	63,311	58,874
Costs and Expenses	64.0%	75,960	46,315	62,584	72,083	53,474	75,033	44,567	35,706	29,530	37,751	42,914	160,820	59,998	70,597	84,897	145,761	82,663	473,527	212,095	87,989	158,098
Operating Expenses	-	-	-	-	-	88.00	241	245	97.00	156	225	161	766	-	-	-	-	-	-	-	-	-
S&GA Expenses	-	-	-	-	-	-	-	-	-	11,551	11,812	14,053	12,595	6,982	5,780	6,751	7,038	31,936	7,732	8,010	6,653	9,725
EBITDA Margin	-9.1%	0.61*	0.67*	0.55*	0.67*	0.83*	1.20*	1.45*	1.39*	0.74*	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-1.7%	42,905	43,647	44,095	42,662	41,335	32,944	21,455	16,072	15,034	14,962	12,993	12,495	12,128	13,426	16,745	20,744	55,415	23,167	21,046	19,292	16,808
Income Taxes	-11.2%	178	200	310	400	1,306	633	500	36.00	6,129	2,065	-100	-1,801	652	-15,357	2,102	1,700	3,172	1,046	-133	-369	39,906
Earnings Before Taxes	-228.3%	-16,107	12,550	-7,188	-12,867	5,532	-19,835	35,096	28,411	90,290	26,298	10,038	-93,816	4,641	-7,148	-153,205	-95,597	-496,418	-385,044	-123,480	-6,722	-76,255
EBT Margin	-1103.7%	-0.08*	-0.01*	-0.12*	0.03*	0.21*	0.64*	0.93*	0.87*	0.19*	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-231.4%	-16,281	12,389	-7,498	-4,202	3,731	-20,463	34,631	28,400	84,083	-70,057	-23,616	-94,493	-45,028	5,007	-240,584	-80,141	-462,648	-356,031	-110,790	14,957	-128,178
Net Income Margin	-454.9%	-0.05*	0.01*	-0.10*	0.05*	0.20*	0.60*	0.40*	0.11*	-0.62*	-	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-5.3%	36,407	38,464	23,080	39,673	36,297	34,366	22,257	32,357	49,715	-	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q3	2019Q2	2019Q1
Assets	-3.5%	4,198	4,353	4,355	4,604	4,750	5,781	5,840	5,801	5,638	5,479	5,442	6,181	6,212	6,512	6,850	7,194	7,414	7,444	1,200	9,040	8,705
Cash Equivalents	9.0%	258	236	218	314	306	286	318	246	260	209	210	430	475	462	438	394	70.00	60.00	-	60.00	90.00
Liabilities	-3.9%	2,920	3,037	3,032	3,249	3,361	4,377	4,387	4,305	4,147	3,799	3,654	4,346	4,253	4,495	4,849	5,220	5,213	5,235	1,200	6,377	5,888
Shareholder's Equity	-2.8%	1,277	1,314	1,323	1,355	1,388	1,403	1,453	1,496	1,491	1,679	1,788	1,836	1,959	2,017	2,001	1,974	2,201	2,209	-	2,663	2,817
Retained Earnings	-2.7%	-1,586	-1,543	-1,530	-1,496	-1,466	-1,445	-1,398	-1,407	-1,410	-1,468	-1,377	-1,339	-1,234	-1,181	-1,186	-959	-819	-809	-	-397	-234
Additional Paid-In Capital	0.1%	2,865	2,862	2,856	2,853	2,854	2,852	2,850	2,857	2,856	2,855	2,852	2,847	2,844	2,843	2,840	2,908	2,909	2,906	-	2,903	2,900
Shares Outstanding	0.0%	127	127	127	127	127	127	128	129	128	128	128	130	-	-	-	-	-	-	-	-	-
Float	-	-	-	865	-	-	-	646	-	-	-	790	-	-	-	587	-	-	-	-	1,280	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-5.3%	36.00	38.00	23.00	40.00	36.00	34.00	22.00	32.00	50.00	58.00	-130	2.00	51.00	15.00	-27.64	57.00	24.00	50.00	25.00	38.00	36.00
Share Based Compensation	-52.1%	3.00	6.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	3.00	5.00	4.00	1.00	1.00	2.00	0.00	4.00	3.00	3.00	2.00	3.00
Cashflow From Investing	400.3%	155	31.00	128	70.00	367	-43.13	-16.12	-218	-81.10	-197	-238	-38.33	171	381	174	275	43.00	-37.95	-440	19.00	-188
Cashflow From Financing	-321.1%	-163	-38.80	-241	-114	-396	-8.88	74.00	170	101	128	174	-18.53	-218	-383	-178	27.00	-71.58	14.00	391	-46.62	168
Dividend Payments	0%	26.00	26.00	26.00	26.00	26.00	26.00	24.00	24.00	21.00	18.00	13.00	-	0.00	-	13.00	39.00	50.00	56.00	56.00	56.00	56.00
Buy Backs	-	-	-	-	-	-	-	18.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-

BRSP Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net interest income
Interest income	$ 298,702	$ 236,181	$ 168,845
Interest expense	(173,309)	(111,806)	(55,484)
Interest income on mortgage loans held in securitization trusts	0	32,163	51,609
Interest expense on mortgage obligations issued by securitization trusts	0	(29,434)	(45,460)
Net interest income	125,393	127,104	119,510
Property and other income
Property operating income	93,403	90,191	102,634
Other income	13,921	6,058	2,333
Total property and other income	107,324	96,249	104,967
Expenses
Management fee expense	0	0	9,596
Property operating expense	26,640	24,222	30,286
Transaction, investment and servicing expense	2,499	3,434	4,556
Interest expense on real estate	25,909	28,717	32,278
Depreciation and amortization	33,504	34,099	36,399
Increase (decrease) of current expected credit loss reserve	108,149	70,635	(1,432)
Impairment of operating real estate	7,590	0	0
Compensation and benefits (including $14,056, $7,888 and $14,030 of equity-based compensation expense, respectively)	39,501	33,031	32,143
Operating expense	13,150	14,641	17,868
Restructuring charges	0	0	109,321
Total expenses	256,942	208,779	271,015
Other income (loss)
Unrealized gain (loss) on mortgage loans and obligations held in securitization trusts, net	0	854	41,904
Realized loss on mortgage loans and obligations held in securitization trusts, net	0	(854)	(36,623)
Other gain, net	613	34,630	74,067
Income (loss) before equity in earnings of unconsolidated ventures and income taxes	(23,612)	49,204	32,810
Equity in earnings (loss) of unconsolidated ventures	9,055	25	(131,115)
Income tax expense	(1,062)	(2,440)	(6,276)
Net income (loss)	(15,619)	46,789	(104,581)
Net (income) loss attributable to noncontrolling interests:
Investment entities	70	12	1,732
Operating Partnership	0	(1,013)	1,803
Net income (loss) attributable to BrightSpire Capital, Inc. common stockholders	$ (15,549)	$ 45,788	$ (101,046)
Net income (loss) per common share - basic (in dollars per share)	$ (0.12)	$ 0.35	$ (0.79)
Net income (loss) per common share - diluted (in dollars per share)	$ (0.12)	$ 0.34	$ (0.79)
Weighted average shares of common stock outstanding - basic (in shares)	127,060,000	127,302,000	128,496,000
Weighted average shares of common stock outstanding - diluted (in shares)	127,060,000	129,300,000	128,496,000

BRSP Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 257,506	$ 306,320
Restricted cash	104,583	92,508
Loans and preferred equity held for investment	2,936,506	3,574,989
Current expected credit loss reserve	(76,028)	(106,247)
Loans and preferred equity held for investment, net	2,860,478	3,468,742
Real estate, net	807,985	732,468
Receivables, net	41,451	40,698
Deferred leasing costs and intangible assets, net	58,971	53,980
Assets held for sale	19,600	0
Other assets	47,680	55,673
Total assets	4,198,254	4,750,389
Liabilities
Securitization bonds payable, net	912,545	1,167,600
Mortgage and other notes payable, net	650,293	656,468
Credit facilities	1,152,723	1,339,993
Accrued and other liabilities	85,501	87,633
Intangible liabilities, net	4,138	4,839
Escrow deposits payable	88,603	79,055
Dividends payable	25,985	25,777
Total liabilities	2,919,788	3,361,365
Commitments and contingencies
Stockholders’ equity
Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively	0	0
Common stock	1,300	1,289
Additional paid-in capital	2,864,883	2,853,723
Accumulated deficit	(1,586,292)	(1,466,568)
Accumulated other comprehensive loss	(2,556)	(676)
Total stockholders’ equity	1,277,335	1,387,768
Noncontrolling interests in investment entities	1,131	1,256
Total equity	1,278,466	1,389,024
Total liabilities and equity	4,198,254	4,750,389
Primary beneficiary
Assets
Cash and cash equivalents	5,380	5,163
Restricted cash	7,023	7,831
Loans and preferred equity held for investment, net	1,170,034	1,444,398
Real estate, net	166,616	167,821
Receivables, net	11,731	11,869
Deferred leasing costs and intangible assets, net	7,753	10,956
Other assets	20,250	21,977
Total assets	1,388,787	1,670,015
Liabilities
Securitization bonds payable, net	912,545	1,167,600
Mortgage and other notes payable, net	170,412	173,960
Accrued and other liabilities	5,239	5,026
Intangible liabilities, net	3,460	4,839
Escrow deposits payable	927	2,366
Total liabilities	$ 1,092,583	$ 1,353,791

About BrightSpire Capital, Inc.

BrightSpire Capital, Inc. operates as a commercial real estate (CRE) credit real estate investment trust in the United States. The company It focuses on originating, acquiring, financing, and managing a portfolio of CRE mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties. It 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, Inc. was incorporated in 2017 and is headquartered in New York, New York.

CEO	Mr. Michael Joseph Mazzei
WEBSITE	brightspire.com
INDUSTRY	REIT Mortgage
EMPLOYEES	54

BrightSpire Capital, Inc. Frequently Asked Questions

What is the ticker symbol for BrightSpire Capital, Inc.? What does BRSP stand for in stocks?

BRSP is the stock ticker symbol of BrightSpire Capital, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of BrightSpire Capital, Inc. (BRSP)?

As of Fri Apr 19 2024, market cap of BrightSpire Capital, Inc. is 825.41 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BRSP stock?

You can check BRSP's fair value in chart for subscribers.

What is the fair value of BRSP stock?

You can check BRSP's fair value in chart for subscribers. The fair value of BrightSpire Capital, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of BrightSpire Capital, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BRSP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is BrightSpire Capital, Inc. a good stock to buy?

The fair value guage provides a quick view whether BRSP is over valued or under valued. Whether BrightSpire Capital, Inc. is cheap or expensive depends on the assumptions which impact BrightSpire Capital, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BRSP.

What is BrightSpire Capital, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, BRSP's PE ratio (Price to Earnings) is -52.94 and Price to Sales (PS) ratio is 2.76. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BRSP PE ratio will change depending on the future growth rate expectations of investors.