BrightSpire Capital’s (BRSP) Buy Rating Reaffirmed at JonesTrading

BrightSpire Capital (NYSE:BRSP)‘s stock had its “buy” rating reaffirmed by equities research analysts at JonesTrading in a report released on Wednesday,Benzinga reports. They presently have a $6.50 target price on the stock. JonesTrading’s price target would suggest a potential upside of 12.17% from the company’s current price.

A number of other research firms have also recently weighed in on BRSP. B. Riley Financial initiated coverage on shares of BrightSpire Capital in a research report on Monday, January 5th. They set a “buy” rating and a $7.50 price objective for the company. Citigroup reissued a “market outperform” rating on shares of BrightSpire Capital in a research note on Thursday, October 30th. Finally, Weiss Ratings upgraded shares of BrightSpire Capital from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, February 3rd. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $6.40.

BrightSpire Capital Price Performance

Shares of BrightSpire Capital stock traded down $0.01 on Wednesday, reaching $5.80. The company’s stock had a trading volume of 1,060,311 shares, compared to its average volume of 711,725. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 1.81. The company has a market capitalization of $751.79 million, a P/E ratio of -19.32 and a beta of 1.39. The stock has a 50-day moving average price of $5.88 and a 200-day moving average price of $5.65. BrightSpire Capital has a 52-week low of $4.16 and a 52-week high of $6.32.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BRSP. Focus Partners Advisor Solutions LLC purchased a new stake in BrightSpire Capital in the second quarter valued at approximately $81,000. Waterfall Asset Management LLC purchased a new position in shares of BrightSpire Capital during the second quarter worth $999,000. State of New Jersey Common Pension Fund D grew its stake in shares of BrightSpire Capital by 16.3% in the second quarter. State of New Jersey Common Pension Fund D now owns 370,756 shares of the company’s stock valued at $1,872,000 after buying an additional 52,056 shares in the last quarter. Greenland Capital Management LP raised its holdings in shares of BrightSpire Capital by 5.0% in the 2nd quarter. Greenland Capital Management LP now owns 1,349,430 shares of the company’s stock valued at $6,815,000 after buying an additional 64,430 shares during the period. Finally, Private Management Group Inc. raised its holdings in shares of BrightSpire Capital by 1.3% in the 2nd quarter. Private Management Group Inc. now owns 4,818,494 shares of the company’s stock valued at $24,333,000 after buying an additional 60,262 shares during the period. Hedge funds and other institutional investors own 56.57% of the company’s stock.

BrightSpire Capital News Summary

Here are the key news stories impacting BrightSpire Capital this week:

• Positive Sentiment: Closed a $955 million BRSP 2026‑FL3 commercial real‑estate CLO, placing roughly $833.2M of investment‑grade securities with institutional term financing on a non‑mark‑to‑market, non‑recourse basis — a large de‑risking/liquidity event that can lower funding volatility and improve balance‑sheet flexibility. BrightSpire CLO Closing & Redemption
• Positive Sentiment: Company reported Adjusted Distributable Earnings of $0.15 per share for 4Q2025 (a positive operating cash proxy), which supports distribution sustainability narratives even though GAAP/distributable metrics differ. 4Q & Full Year 2025 Financial Results
• Neutral Sentiment: Earnings presentation (slide deck) provides detail on portfolio, capital structure and the CLO financing; useful for investors wanting line‑item and portfolio metrics. Earnings Call Presentation
• Neutral Sentiment: Full earnings‑call transcript is available for management commentary on portfolio performance, financing strategy and outlook — read for forward guidance and management’s explanation of non‑GAAP adjustments. Earnings Call Transcript
• Neutral Sentiment: Pre‑release previews and analysis highlighted areas to watch (portfolio credit quality, prepayment and rate sensitivity) but didn’t change the core facts delivered in the release. Benzinga Earnings Preview
• Negative Sentiment: GAAP net loss and distributable loss: company reported a GAAP net loss attributable to common stockholders and a Distributable Loss of ($0.28) per share for 4Q; those headline loss figures can pressure sentiment for income‑oriented REIT/CLO investors. 4Q & Full Year 2025 Financial Results
• Negative Sentiment: Reported results slightly lagged street expectations on some metrics—Zacks flagged a miss (reported $0.15 vs. Zacks consensus $0.16) and commentary noted the year‑over‑year decline; misses and loss‑metrics can weigh on near‑term price action. Zacks: Q4 Earnings Lag Estimates

BrightSpire Capital Company Profile

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.