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Brightspire Capital Inc

Company price
3.405 USD 0.07 ( 1.95%)
Last update at 2026-11-09T15:46:00Z
VOLUME
282623
Market Cap
766.04M

Momentum Score

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BrightSpire Capital, Inc. operates as a commercial real estate (CRE) credit real estate investment trust in the United States and Norway. It operates through Senior and Mezzanine Loans and Preferred Equity; Net Leased and Other Real Estate; and Corporate and Other segments. The company focuses on originating, acquiring, financing, and managing a diversified portfolio of CRE debt investments consisting of senior mortgage loans, mezzanine loans, preferred equity investments, net leased real estate and other real estate properties, and CRE debt securities. It also engages in money market activities; and invests in private equity funds. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Colony Credit Real Estate, Inc. and changed its name to BrightSpire Capital, Inc. in June 2021. BrightSpire Capital, Inc. was incorporated in 2017 and is based in New York, New York.

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Day Price Range
3.35
Low
3.47
High
52 Week Price Range
4.12
Low
6.06
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

BrightSpire Capital Inc is a real estate investment trust that invests in commercial real estate debt and related securities, focusing on originating and acquiring senior-secured loans, mezzanine positions and other CRE credit investments. Long-term growth drivers include portfolio yield generation from CRE lending, active loan workout and repositioning, and potential scale from originations and capital recycling which may benefit income-oriented investors.
Key risks include sensitivity to commercial real estate credit cycles and property valuations, interest-rate and liquidity risk from leverage, and execution risk in distressed loan workouts.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
3.34
Dividend Yield
10.68%
Revenue TTM
330.59M
Revenue Per Share
2.60
Gross Profit TTM
240.67M
Debt / Equity
2.65
ROE
-3.93%
Net Debt
2423.82M
ROCE
2.37%
Diluted EPS TTM
-0.26

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -52.65M -134.46M -14.56M 49.20M 32.81M
Minority interest 7.62M 3.54M 0.07M -1.00M -3.54M
Net income -31.15M -131.98M -15.55M 45.79M 26.53M
Selling general administrative 34.99M 34.64M 39.50M 36.47M 64.16M
Gross profit 164.60M 159.42M 192.16M 193.07M 191.86M
Reconciled depreciation 36.33M 40.63M 33.61M 34.23M 36.50M
Ebit 74.63M -107.31M 2.30M 77.92M 169.13M
Ebitda 111.97M -66.81M 35.91M 112.16M 205.63M
Depreciation and amortization 37.34M 40.51M 33.61M 34.23M 36.50M
Non operating income net other - - - 303.85M 205.31M
Operating income 130.88M -51.81M 11.77M 77.92M 169.13M
Other operating expenses 200.72M 399.02M 380.33M 315.24M 228.03M
Interest expense 127.28M 27.03M 25.91M 28.72M 32.28M
Tax provision -21.50M 1.06M 1.06M 2.44M 6.28M
Net interest income -23.71M -27.03M -25.91M -28.72M -32.28M
Non recurring - - - - 109.32M
Income tax expense -21.50M 1.06M 1.06M 2.44M 6.28M
Total revenue 331.60M 347.22M 392.11M 358.54M 323.09M
Total operating expenses 33.72M 211.23M 180.38M 149.78M 96.80M
Cost of revenue 167.00M 187.80M 199.95M 165.46M 131.23M
Total other income expense net -183.53M -82.65M -26.33M -28.72M -136.32M
Net income from continuing ops -38.77M -135.52M -15.62M 46.79M 26.53M
Net income applicable to common shares - - - 45.79M -101.05M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 3564.83M 3723.48M 4198.25M 4750.39M 5638.37M
Intangible assets 27.65M 47.17M 46.54M 41.18M 49.82M
Other current assets - 153.69M 3006.92M 92.75M 949.57M
Total liab 2636.43M 2677.67M 2919.79M 3361.36M 4147.05M
Total stockholder equity 938.43M 1048.22M 1277.34M 1387.77M 1455.29M
Deferred long term liab - - - 17.43M 64.98M
Other current liab 319.52M 110.97M 122.41M 116.51M 108.33M
Common stock 1.29M 1.30M 1.30M 1.29M 1.30M
Capital stock 1.29M 1.30M 1.30M 1.29M 1.30M
Retained earnings -1926.23M -1812.08M -1586.29M -1466.57M -1410.56M
Other liab - - - 91.22M 79.57M
Other assets 3424.80M 3335.40M 2.89M 19.23M 1903.52M
Cash 66.79M 302.17M 257.51M 306.32M 259.72M
Total current liabilities 414.06M 157.80M 174.90M 1479.28M 1041.29M
Current deferred revenue 9.66M 7.85M 7.22M 7.69M 7.67M
Net debt 2423.82M 2213.45M 2481.41M 2884.09M 3709.68M
Short term debt 59.31M 206.09M 3.51M 1339.99M 905.12M
Short long term debt - - - 1339.99M 905.12M
Short long term debt total 2490.61M 2515.62M 2738.91M 3190.41M 3969.40M
Other stockholder equity 2863.38M 2865.34M 2864.88M 2853.72M 2855.77M
Property plant equipment - - - 732.47M 783.21M
Total current assets 112.38M 2863.89M 3300.25M 3927.63M 4738.99M
Long term investments 2.12M 2.23M 2.25M 3.04M 20.59M
Net tangible assets - - - 1387.77M 1455.29M
Short term investments - - - 3574.99M 3485.61M
Net receivables 45.59M 2408.02M 41.45M 3528.56M 3529.70M
Long term debt 2469.91M 2491.50M 2715.99M 1824.46M 2261.48M
Inventory - - -5.62M - -
Accounts payable 25.57M 17.83M 17.57M 15.09M 20.17M
Noncontrolling interest in consolidated entity - - - 1.26M 36.03M
Accumulated other comprehensive income - -6.34M -2.56M -0.68M 8.79M
Common stock total equity - - - 1.29M 1.30M
Retained earnings total equity - - - -1466.57M -1410.56M
Non currrent assets other -681.89M 786.94M 824.23M 753.30M 2.14M
Non current assets total 27.65M 859.59M 895.11M 822.76M 899.38M
Capital lease obligations 20.70M 24.12M 22.93M 25.96M 25.20M
Long term debt total - - - 1824.07M 2261.48M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments 6.14M 313.08M 596.30M 89.34M 244.52M
Change to liabilities - - - -4.81M -14.96M
Total cashflows from investing activities -419.93M 313.08M 384.16M 89.34M -555.79M
Net borrowings 175.30M -204.70M -445.67M 2.90M 701.64M
Total cash from financing activities 68.93M -327.95M -558.60M -161.45M 384.36M
Change to operating activities - - - 0.34M -18.69M
Net income -38.77M -135.52M -15.62M 46.79M -104.58M
Change in cash -276.86M 88.61M -36.74M 52.27M -193.47M
Begin period cash flow 450.70M 362.09M 398.83M 346.56M 540.03M
End period cash flow 173.84M 450.70M 362.09M 398.83M 346.56M
Total cash from operating activities 73.03M 103.41M 137.62M 125.28M -21.27M
Issuance of capital stock 0.00M 0.02M 0.00M - -
Depreciation 39.18M 33.57M 33.61M 34.23M 36.50M
Other cashflows from investing activities -419.93M 313.08M 382.00M 1025.94M 42.72M
Dividends paid 83.00M 99.06M 103.95M -99.39M -51.92M
Change to account receivables -5.52M 4.53M 1.51M -3.07M -1.20M
Sale purchase of stock -14.81M -11.19M -2.88M -44.96M -2.61M
Other cashflows from financing activities -8.56M -13.01M -6.09M 761.24M -262.75M
Change to netincome - - - -24.75M 50.94M
Capital expenditures 0.00M 0.00M 7.06M 3.96M 9.92M
Change receivables - - - -3.07M -1.20M
Cash flows other operating - - - 66.64M 85.25M
Cash and cash equivalents changes - - - 53.16M -192.70M
Change in working capital -10.11M 0.70M -1.45M -2.73M -19.89M
Stock based compensation 12.84M 11.65M 14.06M 7.89M 14.02M
Other non cash items 92.19M 194.13M 108.06M 41.14M 52.77M
Free cash flow 73.03M 103.41M 137.62M 125.28M -21.27M

Peer Comparison*

Sector: Real Estate Industry: REIT - Mortgage

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
BRSP
Brightspire Capital Inc
0.07
1.95%
3.40 - 21.41 2.32 0.83 9.93 162.94
NLY
Annaly Capital Management, Inc.
0.12
0.67%
18.88 5.27 6.78 4.96 1.09 17.69 -
NLY-PG
Annaly Capital Management Inc
0.05
0.20%
25.04 14.19 - 5.46 - - -
NLY-PF
Annaly Capital Management Inc
-0.02
0.08%
25.44 14.25 - 5.42 - - -
AGNC
AGNC Investment Corp.
0.10
1.08%
8.88 8.39 6.99 6.97 1.16 0.03 -

Profile*

Brightspire Capital Inc

BrightSpire Capital, Inc. operates as a commercial real estate (CRE) credit real estate investment trust in the United States and Norway. It operates through Senior and Mezzanine Loans and Preferred Equity; Net Leased and Other Real Estate; and Corporate and Other segments. The company focuses on originating, acquiring, financing, and managing a diversified portfolio of CRE debt investments consisting of senior mortgage loans, mezzanine loans, preferred equity investments, net leased real estate and other real estate properties, and CRE debt securities. It also engages in money market activities; and invests in private equity funds. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Colony Credit Real Estate, Inc. and changed its name to BrightSpire Capital, Inc. in June 2021. BrightSpire Capital, Inc. was incorporated in 2017 and is based in New York, New York.

590 Madison Avenue, New York, NY, United States, 10022

212 547 2631

46

Name Title Year Born
Mr. George H. Kok Chief Credit Officer NA
Mr. Michael Joseph Mazzei CEO & Director 1961
Mr. Andrew Elmore Witt Pres & COO 1979
Mr. Frank Vito Saracino CPA Exec. VP, CFO & Treasurer 1967
Mr. David A. Palame Exec. VP, Gen. Counsel & Sec. 1977
Mr. Daniel E. Katz MD & Head of Originations for Investment Management NA
Mr. Brad Nichol MD & Head of Asset Management for Portfolio Management NA
Mr. Matthew Heslin Managing Director & Head of Debt Capital Markets NA
Mr. Tyler H. Ferrer Managing Director of Operations & Loan Management NA
Mr. Gary S. Newman J.D. Managing Director of Investment Management NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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