BrightSpire Capital Inc (NYSE: BRSP) is -0.89% lower on its value in year-to-date trading and has touched a low of $4.98 and a high of $6.58 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BRSP stock was last observed hovering at around $5.55 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $5.59, the stock is -4.62% and -4.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing 0.72% at the moment leaves the stock -4.09% off its SMA200. BRSP registered -11.64% loss for a year compared to 6-month gain of -0.18%. The firm has a 50-day simple moving average (SMA 50) of $5.8668 and a 200-day simple moving average (SMA200) of $5.8745.
The stock witnessed a -8.51% loss in the last 1 month and extending the period to 3 months gives it a -2.61%, and is -3.62% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.63% over the week and 2.51% over the month.
BrightSpire Capital Inc (BRSP) has around 49 employees, a market worth around $724.94M and $360.42M in sales. Fwd P/E is 6.72. Profit margin for the company is -37.00%. Distance from 52-week low is 12.36% and -15.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.97%).
The EPS is expected to shrink by -15.14% this year
257.0 institutions hold shares in BrightSpire Capital Inc (BRSP), with institutional investors hold 66.20% of the company’s shares. The shares outstanding are 129.69M, and float is at 126.54M with Short Float at 0.91%. Institutions hold 64.62% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 12.73 million shares valued at $72.57 million. The investor’s holdings represent 9.9987 of the BRSP Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.63 million shares valued at $66.27 million to account for 9.0841 of the shares outstanding. The other top investors are NUT TREE CAPITAL MANAGEMENT, LP which holds 10.99 million shares representing 8.59 and valued at over $62.67 million, while PRIVATE MANAGEMENT GROUP INC holds 3.5076 of the shares totaling 4.49 million with a market value of $25.59 million.
