BRSP
BrightSpire Capital, Inc.
BRSP's fundamentals are mixed: its operating margin rose 6 points to 27%, while revenue grew only 2.5%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
OPEN
Opendoor Technologies Inc.
There isn't enough reported data to score OPEN yet.
BRSP Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
BRSP's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like BRSP.
OPEN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
OPEN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like OPEN.
BRSP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 5.3x | $3.12 | — |
| Cheap | 7.9x | $1.11 | -64% |
| Current | 22x | $3.12 | — |
| Fair | 32x | $4.43 | +42% |
| Expensive | 228x | $31.95 | +924% |
Historical ranges are pointers, not guarantees.
BRSP's PE is 22x, but its earnings don't support one, so it isn't a reliable read right now.
OPEN PE Valuation
OPEN has no meaningful PE right now: it lost money over the past year.
BRSP Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Stable | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect BRSP's revenue to grow, but its profitability to weaken. However, they disagree widely on these estimates.
OPEN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect OPEN's losses to grow, with revenue growing. However, they disagree widely on these estimates.
BRSP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.59 | +318% |
| Q3 2026 | $0.14 | +$0.45 |
| Q2 2026 | -$0.23 | -$0.01 |
| Q1 2026 | -$0.27 | +$0.29 |
| Q4 2025 | -$0.26 | +$0.79 |
| Q3 2025 | -$0.31 | +$0.70 |
| Q2 2025 | -$0.22 | +$0.79 |
| Q1 2025 | -$0.56 | -$0.02 |
| Q4 2024 | -$1.05 | -$0.93 |
BRSP has the edge over OPEN on earnings quality, reporting a profit while its opponent remains loss making.
OPEN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.00 | -$1.56 |
| Q2 2026 | -$1.89 | -$1.46 |
| Q1 2026 | -$1.76 | -$1.24 |
| Q4 2025 | -$1.70 | -$1.14 |
| Q3 2025 | -$0.44 | +$0.09 |
| Q2 2025 | -$0.43 | +$0.15 |
| Q1 2025 | -$0.52 | -$0.10 |
| Q4 2024 | -$0.56 | -$0.14 |
OPEN lost $2.00 per share over the past year, and its loss has widened in each of the last five quarters.
BRSP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $87.4M | +4.1% |
| Q2 2026 | $83.5M | -2.8% |
| Q1 2026 | $85.1M | +9.8% |
| Q4 2025 | $83.2M | -0.4% |
| Q3 2025 | $83.9M | -4.8% |
| Q2 2025 | $85.9M | -6% |
| Q1 2025 | $77.6M | -19% |
| Q4 2024 | $83.5M | -19% |
BRSP's revenue fell from its 2019 peak and has held roughly level since: $87M last quarter, up 4.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 28% | -6.6 points |
| Q2 2026 | 18% | +32 points |
| Q1 2026 | 43% | -4 points |
| Q4 2025 | 18% | -1.3 points |
| Q3 2025 | 35% | -22 points |
| Q2 2025 | -13% | +20 points |
| Q1 2025 | 47% | +65 points |
| Q4 2024 | 19% | -6.8 points |
BRSP has the edge over OPEN on profitability, with a higher operating margin.
OPEN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1B | +12% |
| Q2 2026 | $883M | -44% |
| Q1 2026 | $720M | -38% |
| Q4 2025 | $736M | -32% |
| Q3 2025 | $915M | -34% |
| Q2 2025 | $1.6B | +3.7% |
| Q1 2025 | $1.2B | -2.4% |
| Q4 2024 | $1.1B | +25% |
OPEN's revenue is recovering but still below its 2022 peak: $1B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -18% | -11 points |
| Q2 2026 | -16% | -16 points |
| Q1 2026 | -22% | -17 points |
| Q4 2025 | -20% | -12 points |
| Q3 2025 | -7.4% | -2.6 points |
| Q2 2025 | -0.8% | +3.9 points |
| Q1 2025 | -4.9% | +2.5 points |
| Q4 2024 | -8.7% | +4.6 points |
OPEN's operating margin was −18% last quarter, down 11 points from the same quarter a year ago.
BRSP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $14.7M | -46% |
| Q2 2026 | $28.9M | +150% |
| Q1 2026 | $9.3M | +16% |
| Q4 2025 | $8.1M | -66% |
| Q3 2025 | $27.4M | -3% |
| Q2 2025 | $11.6M | -50% |
| Q1 2025 | $8M | -64% |
| Q4 2024 | $23.9M | -32% |
BRSP has the edge over OPEN on cash generation, producing positive trailing cash flow while its opponent burns cash.
OPEN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$836M | -294% |
| Q2 2026 | -$723M | -188% |
| Q1 2026 | -$250M | +$33M |
| Q4 2025 | $67M | +$150M |
| Q3 2025 | $432M | +671% |
| Q2 2025 | $821M | +$1.2B |
| Q1 2025 | -$283M | -$97M |
| Q4 2024 | -$83M | +$468M |
OPEN's free cash flow was −$1.7B over the past year, against $887M the year before. Free cash flow isn't a meaningful measure for real estate companies like OPEN.
BRSP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3% | -3.8M shares |
| 1 year | -5.3% | -6.9M shares |
| 3 years | -5.5% | -7.1M shares |
| 5 years | -4.5% | -5.8M shares |
| Available history | -4.3% | -5.5M shares |
BRSP has the edge over OPEN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $9.9M |
| Q4 2025 | $6M |
| Q3 2025 | $964,000 |
| Q4 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
OPEN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.7% | -16.3M shares |
| 1 year | +30% | +220M shares |
| 3 years | +42% | +282M shares |
| 5 years | +61% | +361M shares |
| Available history | +1042% | +866M shares |
OPEN has 949M diluted shares, up 30% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
BRSP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 21.3x | High |
| Q2 2026 | 20.9x | High |
| Q1 2026 | 24.0x | High |
| Q4 2025 | 22.8x | High |
| Q3 2025 | 18.7x | High |
| Q2 2025 | 15.7x | High |
| Q1 2025 | 18.9x | High |
| Q4 2024 | 36.7x | High |
BRSP's net debt is more than 20 years of its operating earnings (EBITDA), up from 19 years a year ago. Net leverage isn't a meaningful measure for real estate companies like BRSP.
OPEN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | 337.2x | High |
OPEN's net debt is more than 20 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for real estate companies like OPEN.
BRSP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 12.2 | Oversold |
| Stochastic | 0.6 | Oversold |
BRSP's weekly RSI is 12 (oversold) and its Stochastic is 1 (oversold).
OPEN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 20.6 | Oversold |
| Stochastic | 1.2 | Oversold |
OPEN's weekly RSI is 21 (oversold) and its Stochastic is 1 (oversold).
BRSP PE vs Real Estate Sector
| Metric | BRSP | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 24x | 6.8% below |
| PE % | 46 | 23 | 23 pts above |
BRSP is trading at 22x earnings, in line with the Real Estate sector's median of 24x, though its earnings don't support one.
OPEN PE vs Real Estate Sector
OPEN has no meaningful PE right now: it lost money over the past year.
BRSP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.62 | 14% below |
| 20 week MA | $4.43 | 30% below |
| 50 week MA | $5.23 | 40% below |
| 100 week MA | $5.34 | 42% below |
| 200 week MA | $5.87 | 47% below |
BRSP is in a downtrend: it's below all five of its weekly moving averages, and 47% below its 200-week average.
OPEN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.97 | 37% below |
| 20 week MA | $3.00 | 59% below |
| 50 week MA | $4.37 | 72% below |
| 100 week MA | $3.74 | 67% below |
| 200 week MA | $3.13 | 60% below |
OPEN is in a downtrend: it's below all five of its weekly moving averages, and 60% below its 200-week average.
BRSP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.2 | $7.63 | -42% |
| 2021 | $7.63 | $9.75 | +28% |
| 2022 | $9.75 | $6.75 | -31% |
| 2023 | $6.75 | $7.44 | +10% |
| 2024 | $7.44 | $5.83 | -22% |
| 2025 | $5.83 | $5.85 | +0.3% |
| 2026 YTD | $5.85 | $3.12 | -47% |
BRSP has the edge over OPEN on returns for 2026, with the stronger performance.
OPEN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $27.4 | +150% |
| 2021 | $27.4 | $14.9 | -46% |
| 2022 | $14.9 | $1.02 | -93% |
| 2023 | $1.02 | $4.48 | +339% |
| 2024 | $4.48 | $1.67 | -63% |
| 2025 | $1.67 | $6.01 | +260% |
| 2026 YTD | $6.01 | $1.24 | -79% |
OPEN's yearly returns have swung widely, from +339% in 2023 to −93% in 2022. It's down 79% so far in 2026.