NYSE:FBRT

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

$12.94
+0.46 (+3.68%)
(As of 05/1/2024 ET)
Today's Range
$12.61
$13.05
50-Day Range
$12.10
$13.63
52-Week Range
$11.73
$14.70
Volume
428,891 shs
Average Volume
397,809 shs
Market Capitalization
$1.06 billion
P/E Ratio
9.81
Dividend Yield
10.97%
Price Target
$14.75

Franklin BSP Realty Trust MarketRank™ Stock Analysis

Analyst Rating
Buy
3.25 Rating Score
Upside/​Downside
13.9% Upside
$14.75 Price Target
Short Interest
Healthy
3.36% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.14mentions of Franklin BSP Realty Trust in the last 14 days
Based on 9 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.

2.41 out of 5 stars

Finance Sector

628th out of 844 stocks

Real Estate Investment Trusts Industry

125th out of 175 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

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Franklin BSP: Q4 Earnings Snapshot
Franklin BSP Realty Trust: Q4 Earnings Insights
FBRT: What does Argus have to say about FBRT?
FBRT Franklin BSP Realty Trust, Inc.
See More Headlines
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Company Calendar

Ex-Dividend for 4/10 Dividend
3/27/2024
Dividend Payable
4/10/2024
Last Earnings
4/30/2024
Today
5/01/2024
Next Earnings (Estimated)
7/29/2024
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
$14.75
High Stock Price Target
$15.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+13.9%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
$145.21 million
Pretax Margin
53.70%

Debt

Sales & Book Value

Annual Sales
$569.53 million
Cash Flow
$2.38 per share
Book Value
$16.17 per share

Miscellaneous

Free Float
81,531,000
Market Cap
$1.06 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 research analysts have issued "buy," "hold," and "sell" ratings for Franklin BSP Realty Trust in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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 12 month price objectives for Franklin BSP Realty Trust's stock. Their FBRT share price targets range from $14.00 to $15.00. On average, they anticipate the company's share price to reach $14.75 in the next twelve months. This suggests a possible upside of 13.9% 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 on January 1st, 2024. Since then, FBRT stock has decreased by 4.2% and is now trading at $12.9450.
View the best growth stocks for 2024 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024.
View our FBRT earnings forecast
.

How were Franklin BSP Realty Trust's earnings last quarter?

Franklin BSP Realty Trust, Inc. (NYSE:FBRT) issued its quarterly earnings data on Tuesday, April, 30th. The company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.42 by $0.01. The business earned $53.95 million during the quarter, compared to the consensus estimate of $54.64 million. Franklin BSP Realty Trust had a trailing twelve-month return on equity of 14.32% and a net margin of 53.82%. During the same period in the prior year, the business earned $0.44 earnings per share.

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 yield of 10.97%. The ex-dividend date 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 11.37%. FBRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 107.58%. 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?
Who are Franklin BSP Realty Trust's major shareholders?

Franklin BSP Realty Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include Strong Tower Advisory Services (0.84%), Van ECK Associates Corp (0.60%), Principal Financial Group Inc. (0.56%), Financial Management Network Inc. (0.22%), Newbridge Financial Services Group Inc. (0.10%) and Yousif Capital Management LLC (0.05%).
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 5/2/2024 by MarketBeat.com Staff

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