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NYSE:FBRT

Franklin BSP Realty Trust (FBRT) Stock Price, News & Analysis

$13.36
+0.20 (+1.52%)
(As of 04:37 PM ET)
Today's Range
$13.19
$13.38
50-Day Range
$12.16
$13.63
52-Week Range
$11.31
$14.70
Volume
367,028 shs
Average Volume
331,582 shs
Market Capitalization
$1.10 billion
P/E Ratio
9.48
Dividend Yield
10.63%
Price Target
$14.63

Franklin BSP Realty Trust MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
9.8% Upside
$14.63 Price Target
Short Interest
Bearish
3.47% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.37mentions of Franklin BSP Realty Trust in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.10 out of 5 stars

Finance Sector

592nd out of 850 stocks

Real Estate Investment Trusts Industry

128th out of 179 stocks

FBRT stock logo

About Franklin BSP Realty Trust Stock (NYSE:FBRT)

Benefit Street Partners operates as a self-managed real estate investment trust (REIT). BSP earns income from investing in a leveraged portfolio of residential mortgage pass-through securities consisting almost exclusively of adjustable-rate mortgage (ARM) securities issued and guaranteed by government-sponsored enterprises, either Federal National Mortgage Association (Fannie Mae) or Federal Home Loan Mortgage Corporation (Freddie Mac) (together, the government-sponsored enterprises (GSEs)), or by an agency of the federal government, Government National Mortgage Association (Ginnie Mae). BSP's investment strategy focuses on managing a portfolio of residential mortgage investments consisting almost exclusively of ARM Agency Securities. As of December 31, 2012, the Company's securities consisted of Agency Securities classified as available-for-sale and Residential mortgage securities classified as held-to-maturity.

FBRT Stock Price History

FBRT Stock News Headlines

[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Franklin BSP: Q4 Earnings Snapshot
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Franklin BSP Realty Trust: Q4 Earnings Insights
FBRT: What does Argus have to say about FBRT?
FBRT Franklin BSP Realty Trust, Inc.
FBRT.PR.E Franklin BSP Realty Trust, Inc. PFD SER E
Franklin BSP: Q3 Earnings Snapshot
Earnings Outlook For Franklin BSP Realty Trust
See More Headlines
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Company Calendar

Ex-Dividend for 1/10 Dividend
12/28/2023
Dividend Payable
1/10/2024
Ex-Dividend for 4/10 Dividend
3/27/2024
Today
3/28/2024
Dividend Payable
4/10/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.63
High Stock Price Target
$15.00
Low Stock Price Target
$13.50
Potential Upside/Downside
+9.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$145.21 million
Pretax Margin
53.70%

Debt

Sales & Book Value

Annual Sales
$263.95 million
Cash Flow
$2.36 per share
Book Value
$16.17 per share

Miscellaneous

Free Float
81,663,000
Market Cap
$1.10 billion
Optionable
Optionable
Beta
1.43
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Key Executives

  • Mr. Richard Jan Byrne (Age 61)
    Chairman, CEO & Pres
  • Mr. Jerome S. Baglien (Age 44)
    CFO, COO & Treasurer
  • Ms. Lindsey Crabbe
    Director of Investor Relations
  • Mr. Micah Goodman J.D.
    Gen. Counsel & Corp. Sec.
  • Mr. Peter W. Touhill
    Managing Director
  • Mr. Michael Comparato
    Head of Real Estate
  • Mr. David Elgart
    Managing Director
  • Mr. Brian Nowakowski
    Managing Director
  • Mr. Benjamin R. Weinberger
    Managing Director
  • Mr. Aaron B. Derby
    Managing Director

FBRT Stock Analysis - Frequently Asked Questions

Should I buy or sell Franklin BSP Realty Trust stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin BSP Realty Trust in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FBRT shares.
View FBRT analyst ratings
or view top-rated stocks.

What is Franklin BSP Realty Trust's stock price target for 2024?

4 brokers have issued 1-year price objectives for Franklin BSP Realty Trust's shares. Their FBRT share price targets range from $13.50 to $15.00. On average, they predict the company's share price to reach $14.63 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price.
View analysts price targets for FBRT
or view top-rated stocks among Wall Street analysts.

How have FBRT shares performed in 2024?

Franklin BSP Realty Trust's stock was trading at $13.51 at the beginning of the year. Since then, FBRT stock has decreased by 1.4% and is now trading at $13.32.
View the best growth stocks for 2024 here
.

Are investors shorting Franklin BSP Realty Trust?

Franklin BSP Realty Trust saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 2,830,000 shares, an increase of 6.0% from the February 14th total of 2,670,000 shares. Based on an average daily volume of 340,000 shares, the short-interest ratio is presently 8.3 days. Currently, 3.5% of the company's stock are short sold.
View Franklin BSP Realty Trust's Short Interest
.

When is Franklin BSP Realty Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our FBRT earnings forecast
.

How often does Franklin BSP Realty Trust pay dividends? What is the dividend yield for Franklin BSP Realty Trust?

Franklin BSP Realty Trust announced a quarterly dividend on Monday, March 18th. Investors of record on Friday, March 29th will be paid a dividend of $0.355 per share on Wednesday, April 10th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.66%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for FBRT
.

Is Franklin BSP Realty Trust a good dividend stock?

Franklin BSP Realty Trust (NYSE:FBRT) pays an annual dividend of $1.42 per share and currently has a dividend yield of 10.49%. FBRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 100.71%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, FBRT will have a dividend payout ratio of 84.02% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for FBRT.

What ETFs hold Franklin BSP Realty Trust's stock?

ETFs with the largest weight of Franklin BSP Realty Trust (NYSE:FBRT) stock in their portfolio include VanEck Mortgage REIT Income ETF (MORT) and iShares Mortgage Real Estate ETF (REM).iShares Micro-Cap ETF (IWC).

Who are Franklin BSP Realty Trust's major shareholders?

Franklin BSP Realty Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.87%), Vanguard Group Inc. (10.87%), Northern Trust Corp (1.42%), Charles Schwab Investment Management Inc. (0.82%), Strong Tower Advisory Services (0.78%) and Orchard Capital Management LLC (0.71%).
View institutional ownership trends
.

How do I buy shares of Franklin BSP Realty Trust?

Shares of FBRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FBRT) was last updated on 3/28/2024 by MarketBeat.com Staff

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