XNYSBRSP
Market cap739mUSD
Jan 22, Last price
5.61USD
1D
-1.58%
1Q
4.47%
IPO
-71.23%
Name
Brightspire Capital Inc
Chart & Performance
Profile
BrightSpire Capital, Inc. operates as a commercial real estate (CRE) credit real estate investment trust in the United States. It focuses on originating, acquiring, financing, and managing a portfolio of CRE senior mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties. The company qualifies as a real estate investment trust for federal income tax purposes. The company was formerly known as Colony Credit Real Estate, Inc. and changed its name to BrightSpire Capital, Inc. in June 2021. BrightSpire Capital, Inc. was incorporated in 2017 and is headquartered in New York, New York.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 392,105 9.36% | 358,535 10.97% | |||||||
Cost of revenue | 233,800 | 201,927 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 158,305 | 156,608 | |||||||
NOPBT Margin | 40.37% | 43.68% | |||||||
Operating Taxes | 1,062 | 2,440 | |||||||
Tax Rate | 0.67% | 1.56% | |||||||
NOPAT | 157,243 | 154,168 | |||||||
Net income | (15,549) -133.96% | 45,788 72.56% | |||||||
Dividends | (103,951) | (99,391) | |||||||
Dividend yield | 11.00% | 12.34% | |||||||
Proceeds from repurchase of equity | (2,885) | (44,958) | |||||||
BB yield | 0.31% | 5.58% | |||||||
Debt | |||||||||
Debt current | 3,506 | 1,339,993 | |||||||
Long-term debt | 2,757,907 | 1,876,379 | |||||||
Deferred revenue | 7,688 | ||||||||
Other long-term liabilities | 9,905 | (2,219) | |||||||
Net debt | 2,501,656 | 2,907,017 | |||||||
Cash flow | |||||||||
Cash from operating activities | 137,624 | 125,277 | |||||||
CAPEX | (3,965) | ||||||||
Cash from investing activities | 384,160 | 89,337 | |||||||
Cash from financing activities | (558,600) | (161,451) | |||||||
FCF | 746,859 | (335,653) | |||||||
Balance | |||||||||
Cash | 257,506 | 306,320 | |||||||
Long term investments | 2,251 | 3,035 | |||||||
Excess cash | 240,152 | 291,428 | |||||||
Stockholders' equity | (1,586,417) | (1,464,699) | |||||||
Invested Capital | 5,613,275 | 6,023,405 | |||||||
ROIC | 2.70% | 2.40% | |||||||
ROCE | 3.93% | 3.42% | |||||||
EV | |||||||||
Common stock shares outstanding | 127,060 | 129,300 | |||||||
Price | 7.44 19.42% | 6.23 -39.28% | |||||||
Market cap | 945,326 17.35% | 805,539 -38.90% | |||||||
EV | 3,448,113 | 3,713,812 | |||||||
EBITDA | 191,916 | 190,842 | |||||||
EV/EBITDA | 17.97 | 19.46 | |||||||
Interest | 25,909 | 28,717 | |||||||
Interest/NOPBT | 16.37% | 18.34% |