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

$12.44
-0.06 (-0.48%)
(As of 08/9/2024 ET)
Today's Range
$12.35
$12.56
50-Day Range
$12.32
$14.02
52-Week Range
$11.99
$14.66
Volume
203,816 shs
Average Volume
344,869 shs
Market Capitalization
$1.02 billion
P/E Ratio
9.42
Dividend Yield
11.41%
Price Target
$15.25

Franklin BSP Realty Trust MarketRank™ Stock Analysis

Analyst Rating
Buy
3.25 Rating Score
Upside/​Downside
22.6% Upside
$15.25 Price Target
Short Interest
Bearish
3.30% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.59mentions of Franklin BSP Realty Trust in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.64%
From $1.57 to $1.56 Per Share

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.

2.78 out of 5 stars

Finance Sector

520th out of 867 stocks

Real Estate Investment Trusts Industry

101st 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

This technology could swing the election
Hidden in America's forgotten towns, a groundbreaking energy discovery is taking shape. And it's happening right in our own backyard - in the heart of Appalachia.
Franklin BSP Realty Trust Inc (6VH.MU)
Franklin BSP Realty Is On The Offensive
This technology could swing the election
Hidden in America's forgotten towns, a groundbreaking energy discovery is taking shape. And it's happening right in our own backyard - in the heart of Appalachia.
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Ex-Dividend for 7/10 Dividend
6/28/2024
Dividend Payable
7/10/2024
Today
8/10/2024
Next Earnings (Estimated)
11/04/2024
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
$15.25
High Stock Price Target
$16.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+22.6%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
$145.21 million
Pretax Margin
41.29%

Debt

Sales & Book Value

Annual Sales
$549.24 million
Cash Flow
$2.30 per share
Book Value
$15.70 per share

Miscellaneous

Free Float
81,321,000
Market Cap
$1.02 billion
Optionable
Optionable
Beta
1.44
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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

How have FBRT shares performed this year?

Franklin BSP Realty Trust's stock was trading at $13.51 at the beginning of 2024. Since then, FBRT stock has decreased by 7.9% and is now trading at $12.44.
View the best growth stocks for 2024 here
.

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

Franklin BSP Realty Trust, Inc. (NYSE:FBRT) released its quarterly earnings results on Tuesday, April, 30th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by $0.01. The business had revenue of $53.95 million for the quarter, compared to analyst estimates of $54.64 million. Franklin BSP Realty Trust had a trailing twelve-month return on equity of 11.96% and a net margin of 43.03%.

Who are Franklin BSP Realty Trust's major shareholders?

Top institutional shareholders of Franklin BSP Realty Trust include Strong Tower Advisory Services (1.00%), Bank of New York Mellon Corp (0.86%), Van ECK Associates Corp (0.81%) and Principal Financial Group Inc. (0.54%).
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 8/11/2024 by MarketBeat.com Staff

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