Franklin BSP Realty Trust (FBRT) Projected to Post Earnings on Monday

Franklin BSP Realty Trust (NYSE:FBRT - Get Free Report) is anticipated to announce its Q1 2025 earnings results after the market closes on Monday, April 28th. Analysts expect Franklin BSP Realty Trust to post earnings of $0.33 per share and revenue of $52.59 million for the quarter.

Franklin BSP Realty Trust (NYSE:FBRT - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.27 by $0.01. The business had revenue of $55.95 million during the quarter, compared to analysts' expectations of $49.28 million. Franklin BSP Realty Trust had a return on equity of 8.17% and a net margin of 45.56%. On average, analysts expect Franklin BSP Realty Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Franklin BSP Realty Trust Trading Up 1.4 %

FBRT traded up $0.17 during trading on Friday, hitting $11.64. The company's stock had a trading volume of 245,044 shares, compared to its average volume of 371,784. The firm has a market capitalization of $973.12 million, a P/E ratio of 13.98 and a beta of 1.14. Franklin BSP Realty Trust has a twelve month low of $10.50 and a twelve month high of $14.12. The stock's fifty day moving average price is $12.51 and its 200-day moving average price is $12.72. The company has a quick ratio of 90.45, a current ratio of 84.89 and a debt-to-equity ratio of 3.42.

Franklin BSP Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Monday, March 31st were issued a $0.355 dividend. This represents a $1.42 dividend on an annualized basis and a yield of 12.20%. The ex-dividend date of this dividend was Monday, March 31st. Franklin BSP Realty Trust's payout ratio is 171.08%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on FBRT shares. Jones Trading reaffirmed a "buy" rating and issued a $15.00 target price on shares of Franklin BSP Realty Trust in a research report on Tuesday, March 11th. B. Riley raised Franklin BSP Realty Trust to a "strong-buy" rating in a report on Tuesday, January 7th. Finally, Citigroup restated an "outperform" rating on shares of Franklin BSP Realty Trust in a report on Wednesday, March 12th. Five equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $15.50.

About Franklin BSP Realty Trust

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).