BrightSpire Capital is a commercial real estate (CRE) credit real estate investment trust focused on originating, acquiring, financing and managing a portfolio consisting primarily of CRE debt investments and net leased properties predominantly in the U.S. CRE debt investments primarily consist of first mortgage loans. Co. may selectively originate mezzanine loans and make preferred equity investments, which may include profit participations. Net leased properties consist of CRE properties with long-term leases to tenants on a net-lease basis. Co. also has investments in CRE debt securities primarily consisting of commercial mortgage-backed securities or CRE collateralized loan obligations. We show 12 historical shares outstanding datapoints in our BRSP shares outstanding history coverage, used to compute BRSP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BRSP market cap history over the course of time is important for investors
interested in comparing BRSP's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BRSP versus a peer is one thing; comparing
BRSP market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BRSP can fluctuate over the course of history.
With this page we aim to empower investors researching BRSP by allowing them to research the BRSP market cap history. |
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Video: The Importance of Market Cap
