BRSP

BrightSpire Capital
BRSP

$6.36
0.79%

Market Cap: 831M

 

About: BrightSpire Capital Inc is an internally-managed commercial real estate credit REIT focused on originating, acquiring, financing and managing a diversified portfolio of commercial real estate debt and net lease real estate investments predominantly in the United States. CRE debt investments consist of first mortgage loans with the objective of generating consistent risk-adjusted returns. The operating segments of the company are Senior and Mezzanine Loans and Preferred Equity, Net Leased and Other Real Estate, Corporate and Other. Geographically, the company generates revenue from the United States.

Employees: 55

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

709% more call options, than puts

Call options by funds: $1M | Put options by funds: $124K

60% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 48

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

2.28% less ownership

Funds ownership: 56.53% [Q4 2023] → 54.25% (-2.28%) [Q1 2024]

7% less funds holding

Funds holding: 199 [Q4 2023] → 185 (-14) [Q1 2024]

13% less capital invested

Capital invested by funds: $559M [Q4 2023] → $486M (-$73M) [Q1 2024]

40% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 35

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$6.50
2%
upside
Avg. target
$6.75
6%
upside
High target
$7
10%
upside

2 analyst ratings

positive
0%
neutral
50%
negative
50%
Barclays
Terry Ma
10%upside
$7
Equal-Weight
Maintained
2 May 2024
B of A Securities
Eric Dray
2%upside
$6.5
Underperform
Downgraded
4 Mar 2024

Financial journalist opinion

Based on 4 articles about BRSP published over the past 30 days