Citizens Jmp Cuts Franklin BSP Realty Trust (NYSE:FBRT) Price Target to $11.00

Franklin BSP Realty Trust (NYSE:FBRT) had its price target cut by Citizens Jmp from $12.00 to $11.00 in a research note released on Thursday,Benzinga reports. They currently have a market outperform rating on the stock.

A number of other research analysts have also recently weighed in on the stock. Wall Street Zen upgraded shares of Franklin BSP Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. JonesTrading decreased their price target on shares of Franklin BSP Realty Trust from $13.00 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Franklin BSP Realty Trust in a report on Thursday, January 22nd. Zacks Research upgraded Franklin BSP Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 12th. Finally, Citigroup reissued an “outperform” rating on shares of Franklin BSP Realty Trust in a report on Thursday. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.50.

Franklin BSP Realty Trust Price Performance

FBRT opened at $9.13 on Thursday. Franklin BSP Realty Trust has a fifty-two week low of $8.24 and a fifty-two week high of $11.86. The firm has a 50-day moving average of $8.95 and a 200 day moving average of $9.87. The company has a debt-to-equity ratio of 3.33, a quick ratio of 70.78 and a current ratio of 70.78. The firm has a market cap of $739.26 million, a P/E ratio of 14.27 and a beta of 0.96.

Franklin BSP Realty Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 8.8%. The ex-dividend date was Tuesday, March 31st. Franklin BSP Realty Trust’s dividend payout ratio (DPR) is currently 125.00%.

Hedge Funds Weigh In On Franklin BSP Realty Trust

Several large investors have recently modified their holdings of FBRT. Assetmark Inc. purchased a new stake in shares of Franklin BSP Realty Trust during the 4th quarter valued at approximately $40,000. Arlington Trust Co LLC purchased a new position in Franklin BSP Realty Trust in the 4th quarter valued at approximately $40,000. Kemnay Advisory Services Inc. purchased a new position in Franklin BSP Realty Trust in the 4th quarter valued at approximately $44,000. Danske Bank A S bought a new stake in Franklin BSP Realty Trust during the 3rd quarter valued at $45,000. Finally, State of Wyoming bought a new stake in Franklin BSP Realty Trust during the 2nd quarter valued at $47,000. Hedge funds and other institutional investors own 59.87% of the company’s stock.

Franklin BSP Realty Trust News Roundup

Here are the key news stories impacting Franklin BSP Realty Trust this week:

• Neutral Sentiment: Citizens Jmp cut its price target on FBRT from $12.00 to $11.00 but maintained a “market outperform” rating, implying continued analyst conviction despite a lower near‑term target. Article Title
• Negative Sentiment: Rosen Law Firm filed a securities class action and is urging purchasers of FBRT between Nov 5, 2024 and Feb 11, 2026 to seek lead‑plaintiff status before an April 27, 2026 deadline — increasing the visibility and potential coordination of litigation against the company. Article Title
• Negative Sentiment: Bronstein, Gewirtz & Grossman announced a class action against FBRT and certain officers covering the same Nov 5, 2024–Feb 11, 2026 period, seeking damages for alleged securities law violations — additional filings can increase defense costs and investor uncertainty. Article Title
• Negative Sentiment: Bragar Eagel & Squire is soliciting investors with large FBRT losses to contact the firm before April 27, highlighting mounting plaintiff interest and potential for consolidated litigation. Article Title
• Negative Sentiment: The Gross Law Firm issued a shareholder alert inviting FBRT investors to pursue lead‑plaintiff roles for the same class period, underscoring coordinated legal outreach across multiple firms. Article Title
• Negative Sentiment: Glancy Prongay Wolke, Pomerantz, Faruqi & Faruqi and several other firms issued investor alerts/reminders about the April 27 deadline and potential claims — broad law‑firm attention raises the probability of a significant consolidated suit and potential settlement exposure. Article Title
• Negative Sentiment: SueWallSt’s investor alert alleges FBRT overstated earnings projections tied to dividend coverage — if proven, such allegations could materially affect shareholder returns, dividend policy credibility, and legal damages. Article Title

Franklin BSP Realty Trust Company Profile

Franklin BSP Realty Trust, Inc (NYSE: FBRT) is a publicly traded real estate investment trust sponsored by an affiliate of Franklin Square Capital Partners. The company focuses on acquiring, owning and managing single-tenant net leased commercial properties across the United States. Its portfolio spans retail, office, industrial and other property types, with leases structured to shift most property‐level responsibilities—such as maintenance, property taxes and insurance—to the tenants.

By concentrating on net lease investments, Franklin BSP Realty Trust aims to generate stable and predictable rental income streams.