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

Company Overview

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.

Key Stats

• Today's Range: $12.88 to $13.06
• 50-Day Range: $12.59 to $13.65
• 52-Week Range: $11.99 to $14.66
• Volume: 318,016 shs
• Average Volume: 330,886 shs
• Market Capitalization: $1.06 billion
• P/E Ratio: 15.86
• Dividend Yield: 10.92%
• Price Target: $15.38
• Consensus Rating: Buy

Franklin BSP Realty Trust Stock Analysis - MarketRank™

Franklin BSP Realty Trust scored higher than 78% of companies evaluated by MarketBeat, and ranked 299th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.6 / 5
• Analyst Rating: Buy

Consensus Rating

Franklin BSP Realty Trust has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Franklin BSP Realty Trust has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 52.00%

Earnings Growth

Earnings for Franklin BSP Realty Trust are expected to grow by 52.00% in the coming year, from $1.00 to $1.52 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Franklin BSP Realty Trust is 15.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Franklin BSP Realty Trust is 15.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.77.

Price to Book Value per Share Ratio

Franklin BSP Realty Trust has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.34% of the float of Franklin BSP Realty Trust has been sold short.

Short Interest Ratio / Days to Cover

Franklin BSP Realty Trust has a short interest ratio ("days to cover") of 6.2.

Change versus previous month

Short interest in Franklin BSP Realty Trust has recently increased by 8.57%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Franklin BSP Realty Trust is a leading dividend payer. It pays a dividend yield of 11.01%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Franklin BSP Realty Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Franklin BSP Realty Trust is 173.17%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Franklin BSP Realty Trust will have a dividend payout ratio of 93.42% in the coming year. This indicates that Franklin BSP Realty Trust may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.34% of the float of Franklin BSP Realty Trust has been sold short.

Short Interest Ratio / Days to Cover

Franklin BSP Realty Trust has a short interest ratio ("days to cover") of 6.2.

Change versus previous month

Short interest in Franklin BSP Realty Trust has recently increased by 8.57%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.27

News Sentiment

Franklin BSP Realty Trust has a news sentiment score of 1.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Franklin BSP Realty Trust this week, compared to 1 article on an average week.

Search Interest

6 people have searched for FBRT on MarketBeat in the last 30 days.

MarketBeat Follows

Only 1 people have added Franklin BSP Realty Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Franklin BSP Realty Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.67% of the stock of Franklin BSP Realty Trust is held by insiders.

Percentage Held by Institutions

59.87% of the stock of Franklin BSP Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 the year. Since then, FBRT stock has decreased by 3.7% and is now trading at $13.0050.
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) issued its quarterly earnings data on Tuesday, April, 30th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.42 by $0.01. The business earned $53.95 million during the quarter, compared to analyst estimates of $54.64 million. Franklin BSP Realty Trust had a net margin of 45.58% and a trailing twelve-month return on equity of 8.92%.

Who are Franklin BSP Realty Trust's major shareholders?

Top institutional shareholders of Franklin BSP Realty Trust include State Street Corp (4.10%), Geode Capital Management LLC (2.37%), Strong Tower Advisory Services (1.29%) and Charles Schwab Investment Management Inc. (1.25%).
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.

What other stocks do shareholders of Franklin BSP Realty Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Franklin BSP Realty Trust investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Home Depot (HD) and Netflix (NFLX).

Company Calendar

• Last Earnings: 4/30/2024
• Ex-Dividend for 10/10 Dividend: 9/30/2024
• Dividend Payable: 10/10/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/12/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: N/A
• Current Symbol: NYSE:FBRT
• CUSIP: N/A
• CIK: 1562528
• Web: bsprealtytrust.com
• Phone: (214) 874-2323
• Fax: 214-874-2398
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.38
• High Stock Price Target: $16.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +18.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.82
• Trailing P/E Ratio: 15.86
• Forward P/E Ratio: 13.01
• P/E Growth: N/A
• Net Income: $145.21 million
• Net Margins: 45.58%
• Pretax Margin: 44.37%
• Return on Equity: 8.92%
• Return on Assets: 1.89%

Debt

• Debt-to-Equity Ratio: 3.67
• Current Ratio: 90.45
• Quick Ratio: 90.45

Sales & Book Value

• Annual Sales: $263.95 million
• Price / Sales: 4.03
• Cash Flow: $2.36 per share
• Price / Cash Flow: 5.51
• Book Value: $15.46 per share
• Price / Book: 0.84

Miscellaneous

• Outstanding Shares: 81,840,000
• Free Float: 81,293,000
• Market Cap: $1.06 billion
• Optionable: Optionable
• Beta: 1.41