BrightSpire Capital (NYSE:BRSP) Reaches New 1-Year Low After Earnings Miss

Posted by Francis Steltz on Jul 29th, 2026

BrightSpire Capital, Inc. (NYSE:BRSP – Get Free Report) shares reached a new 52-week low on Wednesday following a dissappointing earnings announcement. The stock traded as low as $5.05 and last traded at $5.0150, with a volume of 361730 shares. The stock had previously closed at $5.24.

The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.02). BrightSpire Capital had a negative net margin of 24.16% and a positive return on equity of 7.46%. The firm had revenue of $55.40 million for the quarter, compared to analysts’ expectations of $64.31 million.

BrightSpire Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a dividend of $0.16 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.64 annualized dividend and a yield of 12.9%. BrightSpire Capital’s payout ratio is presently -237.04%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. BTIG Research raised BrightSpire Capital from a “neutral” rating to a “buy” rating and set a $7.00 target price on the stock in a report on Wednesday, April 22nd. JonesTrading restated a “buy” rating and set a $6.50 price objective on shares of BrightSpire Capital in a research note on Wednesday, June 3rd. Finally, Weiss Ratings downgraded shares of BrightSpire Capital from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, May 26th. Four analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $6.75.

Check Out Our Latest Stock Report on BRSP

Institutional Investors Weigh In On BrightSpire Capital

Hedge funds have recently bought and sold shares of the stock. Financial Gravity Asset Management Inc. grew its holdings in BrightSpire Capital by 59.2% in the fourth quarter. Financial Gravity Asset Management Inc. now owns 4,835 shares of the company’s stock valued at $27,000 after purchasing an additional 1,798 shares during the period. Cerity Partners LLC increased its stake in shares of BrightSpire Capital by 9.1% during the fourth quarter. Cerity Partners LLC now owns 29,807 shares of the company’s stock worth $167,000 after purchasing an additional 2,480 shares in the last quarter. National Bank of Canada FI raised its position in shares of BrightSpire Capital by 50.0% during the 3rd quarter. National Bank of Canada FI now owns 7,500 shares of the company’s stock worth $41,000 after purchasing an additional 2,500 shares during the last quarter. M&T Bank Corp lifted its position in shares of BrightSpire Capital by 22.5% in the second quarter. M&T Bank Corp now owns 13,641 shares of the company’s stock valued at $69,000 after acquiring an additional 2,501 shares in the last quarter. Finally, Abel Hall LLC increased its stake in shares of BrightSpire Capital by 7.5% in the 4th quarter. Abel Hall LLC now owns 44,536 shares of the company’s stock worth $249,000 after acquiring an additional 3,123 shares during the last quarter. Hedge funds and other institutional investors own 56.57% of the company’s stock.

BrightSpire Capital Price Performance

The firm has a market cap of $646.84 million, a price-to-earnings ratio of -18.43 and a beta of 1.28. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 2.40. The stock’s fifty day moving average price is $5.50 and its 200-day moving average price is $5.70.

About BrightSpire Capital

(Get Free Report)

BrightSpire Capital Inc (NYSE: BRSP) is a real estate investment trust (REIT) specializing in commercial real estate debt. The company primarily originates, acquires and manages a diversified portfolio of mortgage loans, mezzanine loans and preferred equity investments secured by office, retail, industrial, multifamily and hospitality assets across the United States. By focusing on income-producing credit instruments, BrightSpire seeks to deliver attractive risk-adjusted returns to its shareholders through regular dividend distributions.

BrightSpire’s investment strategy spans the capital structure of commercial real estate, with an emphasis on senior mortgages that offer more stable cash flows and downside protection.