BR
BRSP.K
—
NYSE
Mortgage Real Estate Investment Trusts (REITs)
Brightspire Capital Inc
Last 30 days
1D5D1M3M6MYTD1Y5YMax
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Mcap
—
P/E
—
EV / Rev
—
Div yield
12,24 %
Op margin
—
ROE
-3,3 %
Net margin
-9,4 %
Debt / equity
2,63
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
$5,23
Open
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Next earnings
2026-10-28
Ex-dividend
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TR 1Y
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About
Brightspire Capital Inc operates as a Mortgage Real Estate Investment Trust (REIT) within the Financials sector, generating revenue through mortgage lending activities.
Business. Brightspire Capital Inc operates as a Mortgage Real Estate Investment Trust (REIT) within the Financials sector, generating revenue through mortgage lending activities.
Classification85 %
SectorFinancials
Industry groupMortgage Real Estate Investment Trusts (REITs)
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
At a glance
Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership→
Goldman Sachs Asset Management, L.P.
largest disclosed fund holder
Profitability→
-3,3 %
return on equity
Quality
—
not yet scored
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
— missing data
News & coverage
0Sector rotation
Sector1D1Mvs mkt
Materials+2,3 %+6,6 %+1,7 %
Communication Services+2,2 %−5,5 %+1,6 %
Energy+0,6 %+3,3 %+0,0 %
Health Care+0,6 %−0,8 %+0,0 %
Information Technology+0,6 %+6,7 %+0,0 %
Consumer Discretionary+0,4 %+7,6 %−0,2 %
Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
Consumer Staples−0,4 %+2,5 %−1,0 %
Real Estate−0,7 %+10,9 %−1,3 %
Industrials−1,9 %−3,1 %−2,5 %
Utilities−1,9 %+28,2 %−2,5 %
Developing storylines
No tracked sagas currently linked to BRSP.K. Browse all sagas →
Analysis
AI analysis
Generated · analysis pipeline · tier hybrid · as of 2026-08-04
↑ At a glance
Opportunity
— missing data
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
— missing data
Signals & dispatch
peak dispatch · —
Composite-score breakdown
Synthesis
Business
Brightspire Capital Inc operates as a Mortgage Real Estate Investment Trust (REIT) within the Financials sector, generating revenue through mortgage lending activities.
Classification85 %
SectorFinancials
Industry groupMortgage Real Estate Investment Trusts (REITs)
AI synthesis
GENERATEDBrightspire Capital Inc maintains a highly leveraged capital structure, with total liabilities of $2.64 billion against total assets of $3.56 billion. The company carries $2.47 billion in long-term debt, resulting in a debt-to-equity ratio of 2.63. Liquidity is assessed as medium, supported by $66.8 million in cash and equivalents and $73.0 million in operating cash flow, though the balance sheet shows negative net cash after subtracting total debt.
Profitability metrics indicate current losses, with net income at -$31.1 million on revenue of $330.6 million. Return on equity stands at -3.32%, and return on assets is -0.87%. These negative returns reflect the cost of capital and interest expenses inherent in the mortgage REIT model, which currently outweighs the yield on assets.
Segment and geographic data are not provided in the available input, preventing a detailed analysis of revenue concentration or regional exposure. The company’s operations are structured through multiple subsidiaries, including BrightSpire Capital Mortgage Sub-REIT, LLC and BrightSpire Capital Operating Company, LLC, as disclosed in EX-21 filings.
Historical growth trajectory data is absent from the input, limiting the ability to assess revenue trends or net income progression over time. The current financial snapshot represents a single period without comparative historical context.
Risk assessment highlights medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, indicating reliance on external financing or asset liquidation to meet obligations. The absence of diluted share count differences suggests no immediate significant dilution from options or warrants.
Recent observations include reconciler events related to analysis job queuing, but no specific news, filing, or transcript events detailing operational changes, strategic shifts, or market reactions are present in the input data.
Key takeaways
- High leverage with a debt-to-equity ratio of 2.63 and $2.47 billion in long-term debt.
- Current unprofitability with net income of -$31.1 million and negative ROE of -3.32%.
- Medium liquidity risk supported by $66.8 million in cash and $73.0 million in operating cash flow.
- Low dilution risk with no difference between basic and diluted shares outstanding.
- Negative net cash position after debt subtraction highlights refinancing or asset management sensitivity.
Bull / Bear case
analysis pipeline— missing data
In focus — financials by report
Valuation
Market price
$5,23
Market cap
—
Enterprise valueⓘ
—
P/Eⓘ
—
Non-GAAP P/Eⓘ
—
EV / Revenueⓘ
—
EV / Op incomeⓘ
—
EV / OCFⓘ
—
P / Bⓘ
—
P / Tangible bookⓘ
—
Tangible book
$928.4M
Net cashⓘ
-$2.40B
Current ratioⓘ
—
Debt / equityⓘ
2.6
ROAⓘ
-0.9%
ROEⓘ
-3.3%
Cash conversionⓘ
-234.0%
CapEx / revenueⓘ
—
SBC / revenueⓘ
—
Dilution ratioⓘ
0.0%
Revenue by segment
Business relationships
Business relationships29 disclosed relationships · 1 type · extracted from filings & disclosures
Subsidiaries29
EX21:00ff76f2b91aEX21:00ff76f2b91aSubsidiarie97%
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EX21:08ccee075e78EX21:08ccee075e78Subsidiarie97%
EX21:1bffa1750eeeEX21:1bffa1750eeeSubsidiarie97%
EX21:354746a88820EX21:354746a88820Subsidiarie97%
EX21:434b285efd15EX21:434b285efd15Subsidiarie97%
EX21:48bc548e88eeEX21:48bc548e88eeSubsidiarie97%
EX21:4a5db2cf77b6EX21:4a5db2cf77b6Subsidiarie97%
EX21:5769f02204afEX21:5769f02204afSubsidiarie97%
EX21:594464a434a6EX21:594464a434a6Subsidiarie97%
EX21:5fd2b2997548EX21:5fd2b2997548Subsidiarie97%
EX21:7a0e60bea688EX21:7a0e60bea688Subsidiarie97%
EX21:8319892c0c4eEX21:8319892c0c4eSubsidiarie97%
EX21:8b528b6b47b2EX21:8b528b6b47b2Subsidiarie97%
EX21:8f36c9d75479EX21:8f36c9d75479Subsidiarie97%
EX21:96b4787b20a2EX21:96b4787b20a2Subsidiarie97%
EX21:9b8125a28670EX21:9b8125a28670Subsidiarie97%
EX21:a2c9bf6a7ceeEX21:a2c9bf6a7ceeSubsidiarie97%
EX21:ad95e1d0acd6EX21:ad95e1d0acd6Subsidiarie97%
EX21:bc0319e92a5aEX21:bc0319e92a5aSubsidiarie97%
EX21:c0c5b16ac599EX21:c0c5b16ac599Subsidiarie97%
EX21:cac09d386b86EX21:cac09d386b86Subsidiarie97%
EX21:d4d91e80399cEX21:d4d91e80399cSubsidiarie97%
EX21:d75aef3ce300EX21:d75aef3ce300Subsidiarie97%
EX21:de6230dfcbedEX21:de6230dfcbedSubsidiarie97%
EX21:e578f02cb74aEX21:e578f02cb74aSubsidiarie97%
EX21:ef5bcae02d4aEX21:ef5bcae02d4aSubsidiarie97%
EX21:f89df206f239EX21:f89df206f239Subsidiarie97%
EX21:fad938f111c5EX21:fad938f111c5Subsidiarie97%
Supply chain
— missing data
Peer comparison
— missing data
Market position
Stress test
— missing data
Predictor forecast
Options
— missing data
Short squeeze
— missing data
Earnings-call key lines
— missing data
Consensus distribution
sell-side coverageRecommendation distribution8 analysts
Strong buy1
Buy5
Hold0
Sell2
Strong sell0
12-month price target$6,50 · Median $6,50
Low $5,50High $7,00
Operating income · consensus106,2M USD
EPS surprise
+5,3 %
reported vs consensus · beat
Revenue surprise
−3,9 %
reported vs consensus · miss
Estimate revisions
consensus EPS · 26-week trend— missing data
Sell-side observations
Low$5,50
Mean$6,50
Median$6,50
High$7,00
Spot$5,23
+24.3 %implied to mean12-month sell-side price targets · ▲ spot
Themes
— missing data
ESG
— missing data
Risk factors
Dilution riskLow
Liquidity riskMedium
Filing-based flags
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
ROE-3,3 %Bottom quartile
D/E2,63Bottom quartile
Cash Conv-2,34Below median
Corporate actions / M&A
— missing data
FX exposure
— missing data
Comparable transactions
— missing data
Derivatives & instruments
— missing data
Actions
Ask Handelsavisen
— missing data
Data sources
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
How metrics are computed
- Return On Equitynet_income / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Return On Assetsnet_income / total_assets
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
Source documents
- BRIGHTSPIRE CAPITAL, INC. Market data — financials · 2026-07-27
- reconciler_enqueue (reconciler) on BRSP.K · 2026-07-27
- Brightspire Capital Inc HA canonical relationships · 2026-07-27
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$15M
- Investment Managers · as of 2026-03-310,00 %$12M
- Investment Managers · as of 2024-06-300,00 %$66M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$18M
- Investment Managers · as of 2025-12-310,00 %$67M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$7M
- Institutional Investor · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$19M
- Investment Managers · as of 2026-03-310,00 %$8M
- Investment Managers · as of 2024-12-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$1M
- Brokerage Firms · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Funds · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Leadership
- Michael MazzeiChief Executive Officer, Executive Director
Insider activity
Mixed / flat0 buys · 0 sellsnet $08 insiders · last 365d
- Director · Class A Common StockOther 22 085 · 2026-05-20
- Director · Class A Common StockOther 22 085 · 2026-05-20
- Director · Class A Common StockOther 22 085 · 2026-05-20
- Director · Class A Common StockOther 22 085 · 2026-05-20
- Director, CEO · Class A Common StockOther 10 143 · 2026-04-09
- See Remarks · Class A Common StockOther 80 423 @ $5,54$446K · 2026-03-16
- Director, CEO · Class A Common StockOther 260 381 @ $5,54$1,4M · 2026-03-16
- Director, CEO · Class A Common StockOther 238 914 · 2026-03-16
- Director, CEO · Class A Common StockOther 270 759 · 2026-03-16
- Director, CEO · Class A Common StockOther 307 040 · 2026-03-16
- See Remarks · Class A Common StockOther 131 414 @ $5,54$728K · 2026-03-16
- See Remarks · Class A Common StockOther 119 457 · 2026-03-16
- See Remarks · Class A Common StockOther 144 405 · 2026-03-16
- See Remarks · Class A Common StockOther 75 657 · 2026-03-16
- See Remarks · Class A Common StockOther 85 741 · 2026-03-16
- See Remarks · Class A Common StockOther 81 376 @ $5,54$451K · 2026-03-16
- See Remarks · Class A Common StockOther 77 593 · 2026-03-16
- See Remarks · Class A Common StockOther 87 934 · 2026-03-16
- Director, CEO · Class A Common StockOther 369 724 · 2026-02-11
Short positioning
3.7Mshares short-33.9% vs prior
2.05days to cover
54.6%short of daily vol
2.4Kfails-to-deliver
as of 2026-07-15 · short-interest report (free)
Geographic breakdown
— missing data
Listings · one canonical issuer
all listings resolve to the canonical
BRSP.KCanonical
NYSE · USD
Intel & risk
peak dispatch · —
OSINT findings
Dilution riskLow
Liquidity riskMedium
Net cash is negative after subtracting total debt.
Relationship graph
This companySectorSubsidiaries
Evidence & claims
From filings & derived data- Total assets (annual): USD 3.56BUnknown
- Net income (annual): USD -31.15MUnknown
- Operating cash flow (annual): USD 73.03MUnknown
- Long-term debt (annual): USD 2.47BUnknown
- Total liabilities (annual): USD 2.64BUnknown
- EPS (diluted) (annual): USD-PER-SHARES -0Unknown
- EPS (basic) (annual): USD-PER-SHARES -0Unknown
- Revenue (annual): USD 330.59MUnknown
- Cash & equivalents (annual): USD 66.79MUnknown
- Shareholders' equity (annual): USD 938.43MUnknown
- Cash & equivalents (annual): USD 302.17MUnknown
- Long-term debt (annual): USD 2.49BUnknown
- Revenue (annual): USD 358.81MUnknown
- Total liabilities (annual): USD 2.68BUnknown
- EPS (basic) (annual): USD-PER-SHARES -1Unknown
- Shareholders' equity (annual): USD 1.05BUnknown
- Total assets (annual): USD 3.72BUnknown
- EPS (diluted) (annual): USD-PER-SHARES -1Unknown
- Operating cash flow (annual): USD 103.41MUnknown
- Net income (annual): USD -131.98MUnknown
Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.
The Thread
Everything we know, in order2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
2026-07-29 04:35 UTCFILINGMaterial 8-K
2026-07-28 00:00 UTCTRANSCRIPTEarnings call — Q3 2026
2026-07-28EVENTQ2 2026 earnings (expected) estimated date
2026-05-20 00:00 UTCINSIDER4 insider transactions — 2026-05
2026-05-20 00:00 UTCINSIDER4 insider transactions — 2026-05
2026-05-20INSIDERSCHWARTZ VERNON B transacted 22.1k sh Class A Common Stock — Director
2026-05-20INSIDERLong Catherine F. transacted 22.1k sh Class A Common Stock — Director
2026-05-20INSIDERDiamond Kim S transacted 22.1k sh Class A Common Stock — Director
2026-05-20INSIDERRICE CATHERINE transacted 22.1k sh Class A Common Stock — Director
2026-04-09 00:00 UTCINSIDER1 insider transaction — 2026-04
2026-04-09 00:00 UTCINSIDER1 insider transaction — 2026-04
2026-04-09INSIDERMazzei Michael transacted 10.1k sh Class A Common Stock — Director, CEO
2026-03-16 00:00 UTCINSIDER13 insider transactions — 2026-03 · net sell $3.1M
2026-03-16 00:00 UTCINSIDER13 insider transactions — 2026-03 · net sell $3.1M
2026-03-16INSIDERSaracino Frank V transacted 80.4k sh Class A Common Stock — See Remarks ~$446k
2026-03-16INSIDERMazzei Michael transacted 260.4k sh Class A Common Stock — Director, CEO ~$1.44M
2026-03-16INSIDERMazzei Michael transacted 238.9k sh Class A Common Stock — Director, CEO
2026-03-16INSIDERMazzei Michael transacted 270.8k sh Class A Common Stock — Director, CEO
2026-03-16INSIDERMazzei Michael transacted 307.0k sh Class A Common Stock — Director, CEO
2026-03-16INSIDERWitt Andrew Elmore transacted 131.4k sh Class A Common Stock — See Remarks ~$728k
2026-03-16INSIDERWitt Andrew Elmore transacted 119.5k sh Class A Common Stock — See Remarks
2026-03-16INSIDERWitt Andrew Elmore transacted 144.4k sh Class A Common Stock — See Remarks
2026-03-16INSIDERSaracino Frank V transacted 75.7k sh Class A Common Stock — See Remarks
2026-03-16INSIDERSaracino Frank V transacted 85.7k sh Class A Common Stock — See Remarks
2026-03-16INSIDERPalame David A transacted 81.4k sh Class A Common Stock — See Remarks ~$451k
2026-03-16INSIDERPalame David A transacted 77.6k sh Class A Common Stock — See Remarks
2026-03-16INSIDERPalame David A transacted 87.9k sh Class A Common Stock — See Remarks
2026-02-11 00:00 UTCINSIDER1 insider transaction — 2026-02
Showing the 40 most recent of 43 entries.
The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04
Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data
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