Brightspire Capital Inc. (BRSP) is a leading real estate investment trust (REIT) that specializes in acquiring and managing a well-diversified portfolio of high-quality, income-generating commercial properties across the United States. The company employs a disciplined investment strategy to identify prime assets that yield sustainable, risk-adjusted returns while emphasizing capital preservation. With a strong focus on proactive asset management, Brightspire is well-equipped to capitalize on emerging trends in the commercial real estate market, ultimately aiming to deliver robust long-term value and growth for its investors.
| Revenue (TTM) | $336.20M |
| Gross Profit (TTM) | $213.11M |
| EBITDA | $161.01M |
| Operating Margin | 40.60% |
| Return on Equity | 1.54% |
| Return on Assets | 2.39% |
| Revenue/Share (TTM) | $2.68 |
| Book Value | $7.08 |
| Price-to-Book | 0.49 |
| Price-to-Sales (TTM) | 1.24 |
| EV/Revenue | 9.04 |
| EV/EBITDA | 47.22 |
| Quarterly Earnings Growth (YoY) | 9036.00% |
| Quarterly Revenue Growth (YoY) | 4.10% |
| Shares Outstanding | $124.68M |
| Float | $109.96M |
| % Insiders | 11.80% |
| % Institutions | 70.27% |
Volatility is currently expanding
BrightSpire Capital NYSE: BRSP reported third-quarter 2026 GAAP net income attributable to common stockholders of $46.9 million, or $0.37 per share, while adjusted distributable earnings totaled $17.8 million, or $0.14 per share. Distributable earnings, including specific reserves, were $10.3 million, or $0.08 per share.
BrightSpire Capital, Inc. ( BRSP ) Q3 2026 Earnings Call October 28, 2026 10:00 AM EDT Company Participants David Palamé - Executive VP, General Counsel & Secretary Michael Mazzei - CEO & Director Andrew Witt - President & COO Frank Saracino - Executive VP, CFO & Treasurer Daniel Katz - MD & Head of Originations for Investment Management Matthew Heslin - MD, Chief Credit Officer & Head of Debt Capital Markets Conference Call Participants Gabriel Poggi - Raymond James & Associates, Inc., Research Division William Catherwood - BTIG, LLC, Research Division Timothy D'Agostino - B. Riley Securities, Inc., Research Division Christopher Muller - Citizens JMP Securities, LLC, Research Division Jason Weaver - JonesTrading Institutional Services, LLC, Research Division Gaurav Mehta - Alliance Global Partners, Research Division Presentation Operator Good day, and welcome to the BrightSpire Capital, Inc. Third Quarter 2026 Earnings Conference Call.
Recent sector-wide mortgage REIT selloff, driven by rising long-term interest rates, has pushed BrightSpire Capital to oversold levels. BRSP trades about 26% below its 200-day moving average, signaling a higher probability of a short-term bounce. Short-term technicals now favor a potential rebound, despite persistent company-specific challenges.
NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release third quarter 2026 financial results on Tuesday, October 27, 2026, after the market closes. The Company will conduct a conference call to discuss the results on Wednesday, October 28, 2026, at 10:00 a.m. ET / 7:00 a.m. PT.To participate in the event by telephone, please dial (833) 821-4389 ten minutes prior to the start time (to allow time for registration).
NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced that the Company priced BRSP 2026-FL4, a $960 million managed Commercial Real Estate Collateralized Loan Obligation (the “2026-FL4 CLO”) on September 18, 2026. The Company expects approximately $844.8 million of investment grade securities to be placed with institutional investors, providing the Company with term financing on a non-mark-to-market, non-recourse basis. The transact.
NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company's Board of Directors has declared a dividend of $0.16 per share of Class A common stock for the quarter ending September 30, 2026. The dividend is payable on October 14, 2026 to stockholders of record as of September 30, 2026. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE: BRSP) is internally managed and one of the largest publicly traded.
BrightSpire Capital NYSE: BRSP reported a second-quarter GAAP net loss attributable to common stockholders of $18.3 million, or $0.15 per share, while adjusted distributable earnings totaled $16.8 million, or $0.13 per share. Distributable earnings were $15.8 million, or $0.12 per share.
NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company's Board of Directors has declared a dividend of $0.16 per share of Class A common stock for the quarter ending June 30, 2026. The dividend is payable on July 15, 2026 to stockholders of record as of June 30, 2026. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE: BRSP) is internally managed and one of the largest publicly traded commercial re.
NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that Mike Mazzei, Chief Executive Officer, and other members of senior management will participate in a fireside chat presentation during Nareit's REITweek 2026 Investor Conference on Tuesday, June 2, 2026 at 9:30 a.m. ET at the New York Hilton Midtown. A live audio webcast will be available on the ‘Shareholders' section of the Company's website at www.brightspire.com. For.
BrightSpire Capital trades at a deep discount to book value, but its double-digit dividend yield is not fully covered by earnings. BRSP's dividend coverage has declined to 88%, raising the likelihood of a future dividend cut to prevent further book value erosion. The portfolio is now heavily weighted to multifamily loans, with office exposure sharply reduced and new originations focused almost exclusively on multifamily.
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