BrightSpire Capital(BRSP)
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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 ...
Seeking Yields Of At Least 13%
seekingalpha.com· 2024-05-19 14:30
When evaluating companies on the stock market, the risk factor causes you to discount the value of something based on how risky you think it is. The riskier the company (or its dividend), the more discounted its stock price. This can be amplified if the company is involved in lending to a sector that is seeing an increase in risk or perceived risk. Pick #1: BRSP - Yield 12.7% PM Images Co-authored by Treading Softly Today, I want to examine two companies that offer sky-high double-digit yields because of th ...
BrightSpire Capital(BRSP) - 2024 Q1 - Quarterly Report
2024-05-01 20:14
Table of Contents For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-38377 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requiremen ...
BrightSpire Capital(BRSP) - 2024 Q1 - Earnings Call Transcript
2024-05-01 16:51
BrightSpire Capital, Inc. (NYSE:BRSP) Q1 2024 Results Conference Call May 1, 2024 10:00 AM ET David Palame - General Counsel Mike Mazzei - Chief Executive Officer Andy Witt - President and Chief Operating Officer Frank Saracino - Chief Financial Officer Stephen Laws - Raymond James Steve DeLaney - Citizens JMP Matthew Erdner - JonesTrading Greetings, and welcome to the BrightSpire Capital Inc.'s First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer ...
BrightSpire Capital(BRSP) - 2024 Q1 - Quarterly Results
2024-05-01 12:35
| --- | --- | --- | |-------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------| | | | | | | SECURITIES AND EXCHANGE COMMISSION | | | | | | | | Pursuant to Section | of the Securities Exchange Act of 1934 | | | Date of Report (Date of earliest event reported): | May 1, 2024 | | | BrightSpire Capital, (Exact name | | | | Ma ...