BrightSpire Capital(BRSP)

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BrightSpire Capital: Loan Loss Risk Remains Elevated But Positive Signs Are Emerging
Seeking Alpha· 2024-10-25 19:28
BrightSpire Capital (NYSE: BRSP ) has faced a challenging environment due to its notable exposure to the office sector and elevated loan loss provisioning, impacting both earnings and net asset value. With a significant portion of its portfolio currently on the watchlist, BRSP's management I am a young individual investor with a strong focus on long-term wealth creation. My investment strategy revolves around selecting stocks with strong growth potential as well as stocks with stable dividend yields. I firm ...
Is the Options Market Predicting a Spike in BrightSpire Capital (BRSP) Stock?
ZACKS· 2024-10-23 13:51
Investors in BrightSpire Capital, Inc. (BRSP) need to pay close attention to the stock based on moves in the options market lately. That is because the Nov 15, 2024 $2.50 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It co ...
Earnings Preview: BrightSpire (BRSP) Q3 Earnings Expected to Decline
ZACKS· 2024-10-22 15:06
BrightSpire (BRSP) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 2 ...
12% Yield And Conservative Management. Yes!: BrightSpire
Seeking Alpha· 2024-08-14 11:35
Tim Platt/DigitalVision via Getty Images Co-authored by Treading Softly. "Far More Money Has Been Lost By Investors Trying To Time Corrections Than In All Corrections Combined" — Peter Lynch. This quote has famously been used to remind investors who live fearing negative outcomes that sometimes the negative outcomes only occur because of their poor decision-making and not because of the realities of the market. The market is going to rise, and the market will fall. The question is how you will react and int ...
BrightSpire Capital: Looking For Income In Alderaan Places
Seeking Alpha· 2024-08-05 01:56
ValleraTo/iStock via Getty Images "I felt a great disturbance in the Force, as if millions of income chasers suddenly cried out in terror and were suddenly silenced. I fear something terrible has happened." Obi-Wan Kenobi Markets play out themes on long timeframes. That is essentially what allows the patient to win out. That is also what destroys the income chasing mentality. In the latter case, the peanut gallery often smiles with each dividend and gleefully points out that if things were bad, they wouldn' ...
BrightSpire Capital(BRSP) - 2024 Q2 - Quarterly Report
2024-07-31 20:12
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-38377 BRIGHTSPIRE CAPITAL, INC. (Exact Name of Registrant as Specified in Its Charter) Maryland 38-4046290 (State or Other Jurisdiction of Incorporation or ...
BrightSpire Capital(BRSP) - 2024 Q2 - Earnings Call Transcript
2024-07-31 17:37
BrightSpire Capital, Inc. (NYSE:BRSP) Q2 2024 Results Conference Call July 31, 2024 10:00 AM ET Company Participants David Palame - General Counsel Mike Mazzei - Chief Executive Officer Andy Witt - President and Chief Operating Officer Frank Saracino - Chief Financial Officer Conference Call Participants Stephen Laws - Raymond James Steve Delaney - JMP Securities Matt Howlett - B. Riley Securities Jason Weaver - JonesTrading Tom Catherwood - BTIG Operator Hello, and welcome to the BrightSpire Capital, Inc. ...
BrightSpire (BRSP) Beats Q2 Earnings Estimates
ZACKS· 2024-07-30 22:55
This quarterly report represents an earnings surprise of 4.76%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.24 per share when it actually produced earnings of $0.23, delivering a surprise of -4.17%. Colony Credit, which belongs to the Zacks REIT and Equity Trust industry, posted revenues of $25.25 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 4.76%. This compares to year-ago revenues of $30.24 million. The company has top ...
BrightSpire Capital(BRSP) - 2024 Q2 - Quarterly Results
2024-07-30 20:09
FORM 8-K Maryland 001-38377 38-4046290 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§24 ...
Bargain Alert: 14% Yield And Big Discount: BrightSpire Capital
Seeking Alpha· 2024-06-30 14:15
BRSP is arguably the most conservatively managed mRETT in the commercial mortgage space, with one of the most experienced management teams in the industry. We won't suggest it should trade at NAV considering the real headwinds in the sector, but we do believe that BRSP should be trading at a smaller discount than pers. At a 40%+ discount to NAV, BRSP is a fantastic opportunity. Conclusion One could correctly argue that BRSP is a fantastically run company in a terrible market situation. This would be like th ...