In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
BrightSpire Capital Inc (NYSE: BRSP) closed the day trading at $6.14 up 1.99% from the previous closing price of $6.02. In other words, the price has increased by $1.99 from its previous closing price. On the day, 0.62 million shares were traded. BRSP stock price reached its highest trading level at $6.14 during the session, while it also had its lowest trading level at $6.06.
Ratios:
For a better understanding of BRSP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.52. In the meantime, Its Debt-to-Equity ratio is 2.19 whereas as Long-Term Debt/Eq ratio is at 2.10.
On March 04, 2024, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $6.50.
On November 15, 2023, Barclays started tracking the stock assigning a Equal Weight rating and target price of $6.Barclays initiated its Equal Weight rating on November 15, 2023, with a $6 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 27 ’24 when Palame David A sold 50,000 shares for $6.76 per share. The transaction valued at 338,000 led to the insider holds 347,832 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRSP now has a Market Capitalization of 802105024 and an Enterprise Value of 3185509120. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.99 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 7.952 whereas that against EBITDA is 18.639.
Stock Price History:
Over the past 52 weeks, BRSP has reached a high of $8.01, while it has fallen to a 52-week low of $5.20. The 50-Day Moving Average of the stock is -6.80%, while the 200-Day Moving Average is calculated to be -8.60%.
Shares Statistics:
Over the past 3-months, BRSP traded about 760.32K shares per day on average, while over the past 10 days, BRSP traded about 694950 shares per day. A total of 129.99M shares are outstanding, with a floating share count of 127.83M. Insiders hold about 2.15% of the company’s shares, while institutions hold 57.45% stake in the company. Shares short for BRSP as of 1713139200 were 1593401 with a Short Ratio of 2.10, compared to 1710460800 on 1681956. Therefore, it implies a Short% of Shares Outstanding of 1593401 and a Short% of Float of 1.39.
Dividends & Splits
BRSP’s forward annual dividend rate is 0.80, up from 0.8 a year ago. Against a Trailing Annual Dividend Yield of 0.13289037The stock’s 5-year Average Dividend Yield is 11.13.
