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BRSP / BrightSpire Capital: Trades At A Major Discount To Book Value

BrightSpire Capital: Trades At A Major Discount To Book Value
BrightSpire Capital is a mortgage REIT with a loan portfolio of $3.4 billion, half of which is invested in residential multifamily loans. The stock trades at a 45% discount to book value, providing a margin of safety unless more than 20% of loans default. Investors can potentially benefit from a 100% upside and a 12% dividend yield, although the dividend may not be the safest if defaults increase. Read More
Posted: Jun 22 2023, 02:40
Author Name: Seeking Alpha
Views: 102218

BRSP News  

Brightspire Capital, Inc. (BRSP) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 31, 2023

Brightspire Capital, Inc. (BRSP) Q3 2023 Earnings Call Transcript

Brightspire Capital, Inc. (NYSE:BRSP ) Q3 2023 Earnings Conference Call October 31, 2023 11:00 AM ET Company Participants David Palame - General Couns more_horizontal

BrightSpire (BRSP) Beats Q3 Earnings and Revenue Estimates

By Zacks Investment Research
October 30, 2023

BrightSpire (BRSP) Beats Q3 Earnings and Revenue Estimates

BrightSpire (BRSP) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earn more_horizontal

Join The 1% By Earning 10%

By Seeking Alpha
September 19, 2023

Join The 1% By Earning 10%

The Occupy Wall Street movement highlighted what so many of us already knew. Retirees and investors frequently fail themselves by failing to adjust th more_horizontal

BrightSpire Capital: Still Below Book Value With A 12% Dividend

By Seeking Alpha
September 18, 2023

BrightSpire Capital: Still Below Book Value With A 12% Dividend

BrightSpire Capital is a mortgage REIT with a loan portfolio of $3.4 billion. The company's portfolio consists of floating rate loans primarily for mu more_horizontal

BrightSpire Capital: A Fairly Valued 12%+ Yielder

By Seeking Alpha
August 28, 2023

BrightSpire Capital: A Fairly Valued 12%+ Yielder

BrightSpire Capital, Inc. trades at a discount due to concerns over its exposure to the office market. Signs of a potential turnaround in BrightSpire' more_horizontal

BrightSpire (BRSP) Q2 Earnings Surpass Estimates

By Zacks Investment Research
August 2, 2023

BrightSpire (BRSP) Q2 Earnings Surpass Estimates

BrightSpire (BRSP) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earn more_horizontal

Earn +12% From 2 Dividend Heroes

By Seeking Alpha
June 28, 2023

Earn +12% From 2 Dividend Heroes

Buy the income picks you need now, not just the ones you think you'll want later. Don't let the market do the thinking for you. Its goals are not your more_horizontal

BrightSpire Capital: Trades At A Major Discount To Book Value

By Seeking Alpha
June 22, 2023

BrightSpire Capital: Trades At A Major Discount To Book Value

BrightSpire Capital is a mortgage REIT with a loan portfolio of $3.4 billion, half of which is invested in residential multifamily loans. The stock tr more_horizontal


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