BrightSpire Capital, Inc.
Our Company References to we, us, our, or the Company refer to BrightSpire Capital, Inc., a Maryland corporation, together with its consolidated subsidiaries, unless the context specifically requires otherwise. References to the OP refer to BrightSpire Capital Operating Company, LLC a Delaware limited liability company, the operating company of the Company.
$3.62
+$0.03 (+0.84%)
EOD Oct 21, 2026
20.95% operating margin is above average. ROIC at 1.57%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue declined 7.9% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 43% versus the prior year, cash generation momentum has weakened. Net debt of $2.42B represents 44.0x FCF, leverage limits flexibility.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$336M
▼ -7.9% YoY
Net Income (TTM)
-$23M
▲ +76.4% YoY
Op. Margin
28.67%
▲ +15.6pp YoY
ROIC
2.21%
▲ +1.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$74M
▼ -43.4% YoY
Op. Cash Flow (TTM)
$85M
▼ -29.4% YoY
Net Debt
$2.69B
Cash & Equiv.
$68M
5Y CAGR: +9.2%
5Y CAGR: -5.5%
Continue Research
SourceComputed from the 10-Q filed 28 Jul 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 12 Oct 2026. How this is calculated.
Price from market data, last close as of 21 Oct 2026. Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is BrightSpire Capital (BRSP) overvalued?
BrightSpire Capital (BRSP) trades above a two-stage DCF intrinsic value of about $-11.15 per share, so at $3.62 the stock looks overvalued (407.9% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, BrightSpire Capital scores 26/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 18.4%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is BrightSpire Capital's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $-11.15 per share for BRSP, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $-8.36. At today's $3.62, that puts the stock about 407.9% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is BrightSpire Capital a high-quality business?+
BrightSpire Capital scores 26 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 28.7% operating margin and a 2.2% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does BrightSpire Capital (BRSP) pay a dividend, and how much?+
Yes, BrightSpire Capital pays a regular dividend of about $0.66 per share per year (typically in quarterly installments), a yield of roughly 18.4% at the current price. BrightSpire Capital has grown the dividend at roughly 12.4% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For BRSP's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is BrightSpire Capital a good stock to buy right now?+
That depends on valuation and quality together, not either alone. BRSP currently trades above its estimated intrinsic value and scores 26/100 on quality (lower-quality). It also yields about 18.4%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
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Spot a number that looks wrong? Check it in BRSP's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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