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BrightSpire Capital, Inc. logo

BrightSpire Capital, Inc.

BRSP

NYSEReal EstateREIT - Mortgage

Open in GoAI

Previous close

$4.91

+$0.05 · +1.03%

Aug 21, 4:00 PM ET

BRSP company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

65

Undervalued

Momentum

34

Weakening

Sentiment

53

Mixed

Risk resilience

68

Moderate Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

BrightSpire Capital, Inc. (BRSP) operates as a U.S.-based real estate investment trust (REIT) specializing in commercial real estate (CRE) credit. The company's core activities involve creating, purchasing, financing, and managing a diverse portfolio of CRE-related assets. This portfolio encompasses senior mortgage loans, mezzanine loans, preferred equity, various debt securities, and properties subject to net leases. BrightSpire Capital, Inc. maintains its status as a qualified real estate investment trust for federal income tax purposes. The firm was established in 2017 and was previously known as Colony Credit Real Estate, Inc. It adopted the name BrightSpire Capital, Inc. in June 2021 and is headquartered in New York, New York.

Industry
REIT - Mortgage
Sector
Real Estate
Headquarters
US
CEO
Michael Joseph Mazzei
Listed since
Feb 1, 2018
Employees
47

Market position

Day range

Current $4.91

52-week range

Current $4.91

Open
$4.87
Previous close
$4.86
Volume
862.94K
0.64× average
Average volume
1.34M
Average daily volume
Market cap
621.23M USD
Beta
1.36
Market reference 1
50-day average
$5.2642
-6.73% below average
200-day average
$5.6295
-12.78% below average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends69%30%-9%-48%Gross margin, FY2021: 59.38%Gross margin, FY2022: 53.85%Gross margin, FY2023: 49.01%Gross margin, FY2024: 45.91%Gross margin, FY2025: 49.64%Operating margin, FY2021: 30.83%Operating margin, FY2022: 13.03%Operating margin, FY2023: 3.00%Operating margin, FY2024: -14.92%Operating margin, FY2025: 39.47%Net margin, FY2021: -31.28%Net margin, FY2022: 12.77%Net margin, FY2023: -3.97%Net margin, FY2024: -38.01%Net margin, FY2025: -9.39%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 59.38%. Gross margin FY2022 53.85%. Gross margin FY2023 49.01%. Gross margin FY2024 45.91%. Gross margin FY2025 49.64%. Operating margin FY2021 30.83%. Operating margin FY2022 13.03%. Operating margin FY2023 3.00%. Operating margin FY2024 -14.92%. Operating margin FY2025 39.47%. Net margin FY2021 -31.28%. Net margin FY2022 12.77%. Net margin FY2023 -3.97%. Net margin FY2024 -38.01%. Net margin FY2025 -9.39%.

Income trends

Revenue

331.6M USD-4.50%

Operating income

130.88M USD+182.68M USD

Net income

−31.15M USD+76.40%
Income trends across reported periods444.51M USD234.88M USD25.25M USD−184.39M USDRevenue, FY2021: 323.09M USDRevenue, FY2022: 358.54M USDRevenue, FY2023: 392.11M USDRevenue, FY2024: 347.22M USDRevenue, FY2025: 331.6M USDOperating income, FY2021: 99.62M USDOperating income, FY2022: 46.73M USDOperating income, FY2023: 11.77M USDOperating income, FY2024: −51.81M USDOperating income, FY2025: 130.88M USDNet income, FY2021: −101.05M USDNet income, FY2022: 45.79M USDNet income, FY2023: −15.55M USDNet income, FY2024: −131.98M USDNet income, FY2025: −31.15M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 323.09M USD. Revenue FY2022 358.54M USD. Revenue FY2023 392.11M USD. Revenue FY2024 347.22M USD. Revenue FY2025 331.6M USD. Operating income FY2021 99.62M USD. Operating income FY2022 46.73M USD. Operating income FY2023 11.77M USD. Operating income FY2024 −51.81M USD. Operating income FY2025 130.88M USD. Net income FY2021 −101.05M USD. Net income FY2022 45.79M USD. Net income FY2023 −15.55M USD. Net income FY2024 −131.98M USD. Net income FY2025 −31.15M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue331.6M USD347.22M USD392.11M USD358.54M USD323.09M USD
Cost of goods sold167M USD187.8M USD199.95M USD165.46M USD131.23M USD
Gross profit164.6M USD159.42M USD192.16M USD193.07M USD191.86M USD
Selling, general, and administrative—34.64M USD39.5M USD33.03M USD41.74M USD
Operating expenses33.72M USD211.23M USD180.38M USD146.35M USD92.24M USD
Interest income194.89M USD————
Interest expense127.28M USD27.03M USD25.91M USD28.72M USD32.28M USD
Depreciation and amortization37.34M USD40.51M USD33.61M USD34.1M USD36.5M USD
Operating income130.88M USD−51.81M USD11.77M USD46.73M USD99.62M USD
Net income−31.15M USD−131.98M USD−15.55M USD45.79M USD−101.05M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 5 misses, 2 met estimates
Average EPS surprise
+0.44%
11 comparable reports
Latest EPS result
0.13
Estimate 0.15 · Miss by 12.63%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.230.190.150.11Q1 '25MissQ2 '25MetQ3 '25BeatQ4 '25MetQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 0.18, estimate 0.19, surprise -5.26%, Miss. Q2 2025, reported Apr 29, 2025: actual 0.16, estimate 0.16, surprise 0.00%, Met estimate. Q3 2025, reported Jul 29, 2025: actual 0.18, estimate 0.16, surprise +12.50%, Beat. Q4 2025, reported Oct 28, 2025: actual 0.16, estimate 0.16, surprise 0.00%, Met estimate. Q1 2026, reported Feb 17, 2026: actual 0.15, estimate 0.16, surprise -6.25%, Miss. Q2 2026, reported Apr 28, 2026: actual 0.14, estimate 0.15, surprise -6.67%, Miss. Q3 2026, reported Jul 28, 2026: actual 0.13, estimate 0.149, surprise -12.63%, Miss. Q4 2026, reported Oct 27, 2026: actual —, estimate 0.14, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates89.36M79.23M69.09M58.96MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 83.47M USD, estimate 65.54M USD, surprise +27.35%, Beat. Q2 2025, reported Apr 29, 2025: actual 77.56M USD, estimate 63.66M USD, surprise +21.83%, Beat. Q3 2025, reported Jul 29, 2025: actual 85.92M USD, estimate 77.56M USD, surprise +10.78%, Beat. Q4 2025, reported Oct 28, 2025: actual 68.27M USD, estimate 84.43M USD, surprise -19.14%, Miss. Q1 2026, reported Feb 17, 2026: actual 67.28M USD, estimate 62.39M USD, surprise +7.83%, Beat. Q2 2026, reported Apr 28, 2026: actual 68.42M USD, estimate 63.12M USD, surprise +8.39%, Beat. Q3 2026, reported Jul 28, 2026: actual 83.55M USD, estimate 64.31M USD, surprise +29.91%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 68.73M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$6.00

22.20% upside
Past 12 months12-month forecastHigh $6.00Average $6.00Low $6.00

BRSP news

seekingalpha.com

BrightSpire: Why Management Plans Should Scare The Daylights Out Of You

BrightSpire (BRSP) continues to deliver negative total returns since 2018, underperforming even Treasury bills despite recent marginal gains. BRSP's adjusted distributable earnings remain insufficient to fully cover its…

Read source
seekingalpha.com

BrightSpire Capital, Inc. (BRSP) Q2 2026 Earnings Call Transcript

BrightSpire Capital, Inc. (BRSP) Q2 2026 Earnings Call Transcript

Read source
marketbeat.com

BrightSpire Capital Q2 Earnings Call Highlights

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…

Read source
zacks.com

BrightSpire (BRSP) Misses Q2 Earnings Estimates

BrightSpire (BRSP) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.18 per share a year ago.

Read source
businesswire.com

BrightSpire Capital, Inc. Announces Second Quarter 2026 Financial Results

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced its financial results for the second quarter 2026 and certain updates. The Company reported…

Read source
businesswire.com

BrightSpire Capital, Inc. Announces Second Quarter 2026 Earnings Release and Conference Call Dates

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced it will release second quarter 2026 financial results on Tuesday, July 28, 2026, after the market…

Read source

Corporate actions

Corporate action history

Dividend

Ex-dividend Jun 30, 2026

$0.16

Quarterly

Record Jun 30, 2026 · Payment Jul 15, 2026

Dividend

Ex-dividend Mar 31, 2026

$0.16

Quarterly

Record Mar 31, 2026 · Payment Apr 15, 2026

Dividend

Ex-dividend Dec 31, 2025

$0.16

Quarterly

Record Dec 31, 2025 · Payment Jan 15, 2026

Dividend

Ex-dividend Sep 30, 2025

$0.16

Quarterly

Record Sep 30, 2025 · Payment Oct 15, 2025

Dividend

Ex-dividend Jun 30, 2025

$0.16

Quarterly

Record Jun 30, 2025 · Payment Jul 14, 2025

Dividend

Ex-dividend Mar 31, 2025

$0.16

Quarterly

Record Mar 31, 2025 · Payment Apr 15, 2025

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ETFs holding BRSP

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
19.42M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
15.05M
Weight
0.02%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Global X - SuperDividend ETF logoGlobal X - SuperDividend ETFSDIV
Market value
10.53M
Weight
0.85%
AUM
1.24B USD
Expense ratio
0.58%
Price / 1D
$24.92+0.69%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
7.55M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Mortgage Real Estate ETF logoiShares Mortgage Real Estate ETFREM
Market value
7.35M
Weight
1.35%
AUM
544.56M USD
Expense ratio
0.48%
Price / 1D
$22.02-0.23%
VanEck Mortgage REIT Income ETF logoVanEck Mortgage REIT Income ETFMORT
Market value
5.87M
Weight
1.58%
AUM
370.81M USD
Expense ratio
0.43%
Price / 1D
$9.90-0.30%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
5.5M
Weight
0.04%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
3.47M
Weight
0.02%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%

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