BrightSpire Capital (BRSP) to Release Quarterly Earnings on Tuesday

BrightSpire Capital (NYSE:BRSP) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $63.91 million for the quarter.

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

BrightSpire Capital Stock Down 1.6 %

Shares of BrightSpire Capital stock opened at $4.43 on Tuesday. The firm has a market cap of $578.81 million, a price-to-earnings ratio of -4.22 and a beta of 1.54. The stock’s 50-day moving average is $5.55 and its 200 day moving average is $5.75. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.70 and a quick ratio of 0.73. BrightSpire Capital has a one year low of $4.16 and a one year high of $6.71.

BrightSpire Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.16 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.64 annualized dividend and a dividend yield of 14.45%. BrightSpire Capital’s dividend payout ratio is currently -60.95%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on BRSP shares. B. Riley decreased their price target on shares of BrightSpire Capital from $10.00 to $9.00 and set a “buy” rating for the company in a research note on Tuesday, January 7th. Jones Trading reduced their price objective on BrightSpire Capital from $7.25 to $6.50 and set a “buy” rating for the company in a research note on Thursday, April 17th. Finally, Alliance Global Partners started coverage on BrightSpire Capital in a research report on Friday, January 17th. They set a “buy” rating and a $7.25 target price on the stock. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $7.45.

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.