
BrightSpire Capital (BRSP) Stock Forecast & Price Target
BrightSpire Capital (BRSP) Analyst Ratings
Bulls say
BrightSpire Capital Inc. has demonstrated significant growth potential, with 2Q net originations increasing by 81.6% quarter-over-quarter, driven by slower repayments and favorable market conditions. The company is positioned to capitalize on improving borrower optimism, which is expected to enhance its return on equity (ROE) in the near future. Furthermore, an anticipated ramp-up in net originations for the second half of 2025, alongside the strategic use of financial leverage, underscores the firm's capability to deliver consistent risk-adjusted returns within its diversified portfolio of commercial real estate investments.
Bears say
BrightSpire Capital's recent performance indicates potential vulnerabilities, particularly in its loan portfolio, which sees 5 loans on the watch list, a modest improvement but driven in part by significant foreclosures such as the San Jose Signia Hotel. The company's general CECL reserves have decreased to $137 million, reflecting a conversion of loans to real estate owned (REO), which may signal emerging risks in asset quality. Furthermore, the cost of financing is anticipated to remain elevated compared to industry peers, suggesting a likelihood of underwhelming returns for shareholders, thereby reinforcing a more negative outlook on the company's stock.
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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