BrightSpire Capital (BRSP)

• Market cap: $655M
• 1 day: -0.79%
• 5 days: 7.05%
• 1 month: -9.89%
• 3 months: -11.17%
• 6 months: -19.32%
• Year to date: -11.80%
• 1 year: -20.35%
• 5 years: 4.16%
• 10 years: -75.44%
• Sector: Real Estate
• Industry: Mortgage REIT

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: 49

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

380% more call options, than puts

Call options by funds: $451K | Put options by funds: $94K

53% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 19

50% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]

4% more funds holding

Funds holding: 188 [Q3] → 195 (+7) [Q4]

1.02% more ownership

Funds ownership: 61.57% [Q3] → 62.59% (+1.02%) [Q4]

3% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 62

2% more capital invested

Capital invested by funds: $451M [Q3] → $458M (+$7.72M) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $6.50 30% upside
• Avg. target: $6.50 30% upside
• High target: $6.50 30% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Jones Trading Jason Weaver 28% 1-year accuracy 17 / 60 met price target	30% upside $6.50	Buy Reiterated	30 Apr 2025
JMP Securities Nicholas Jones 42% 1-year accuracy 35 / 83 met price target	30% upside $6.50	Market Outperform Maintained	22 Apr 2025