
BrightSpire Capital (BRSP) Stock Forecast & Price Target
BrightSpire Capital (BRSP) Analyst Ratings
Bulls say
BrightSpire Capital Inc. is experiencing significant growth potential, reflected in a 81.6% sequential increase in net originations during the second quarter, driven by slower loan repayments and favorable market conditions. The company is positioned to capitalize on expanding lending opportunities, aided by improving borrower confidence and an anticipated normalization of interest rates, which is expected to contribute to a continued ramp-up in originations for the latter half of 2025. Additionally, BrightSpire’s strategic use of financial leverage further enhances its return on equity (ROE) potential, reinforcing a positive outlook for its stock.
Bears say
BrightSpire Capital Inc. demonstrates a concerning outlook as its loan portfolio continues to face challenges, with the watch list loans representing 9% of the portfolio, influenced by the significant foreclosure of the San Jose Signia Hotel. The company's general CECL reserves have declined to $137 million, indicating potential deterioration in asset quality as loans convert to real estate owned (REO). Furthermore, BrightSpire's financing costs are anticipated to remain above those of its peers, suggesting diminished potential for shareholder returns.
This aggregate rating is based on analysts' research of BrightSpire Capital and is not a guaranteed prediction by Public.com or investment advice.
BrightSpire Capital (BRSP) Analyst Forecast & Price Prediction
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