Q1 EPS Estimate for Franklin BSP Realty Trust Cut by Analyst

Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Free Report) - Equities researchers at B. Riley lowered their Q1 2025 earnings per share (EPS) estimates for Franklin BSP Realty Trust in a research report issued on Monday, April 21st. B. Riley analyst R. Binner now anticipates that the company will post earnings per share of $0.27 for the quarter, down from their prior forecast of $0.35. B. Riley currently has a "Strong-Buy" rating on the stock. The consensus estimate for Franklin BSP Realty Trust's current full-year earnings is $1.41 per share. B. Riley also issued estimates for Franklin BSP Realty Trust's Q2 2025 earnings at $0.30 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.34 EPS, FY2025 earnings at $1.24 EPS and FY2026 earnings at $1.39 EPS.

A number of other research firms have also recently commented on FBRT. Citigroup reiterated an "outperform" rating on shares of Franklin BSP Realty Trust in a research report on Wednesday, March 12th. Jones Trading reiterated a "buy" rating and set a $15.00 price target on shares of Franklin BSP Realty Trust in a report on Tuesday, March 11th. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Franklin BSP Realty Trust has an average rating of "Buy" and an average price target of $15.50.

Franklin BSP Realty Trust Stock Performance

Franklin BSP Realty Trust stock opened at $11.57 on Wednesday. Franklin BSP Realty Trust has a fifty-two week low of $10.50 and a fifty-two week high of $14.12. The company has a market capitalization of $967.60 million, a price-to-earnings ratio of 13.94 and a beta of 1.14. The stock has a fifty day moving average of $12.58 and a two-hundred day moving average of $12.74. The company has a debt-to-equity ratio of 3.42, a quick ratio of 90.45 and a current ratio of 84.89.

Franklin BSP Realty Trust (NYSE:FBRT - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.28 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.01. Franklin BSP Realty Trust had a net margin of 45.56% and a return on equity of 8.17%. The business had revenue of $55.95 million during the quarter, compared to analysts' expectations of $49.28 million.

Hedge Funds Weigh In On Franklin BSP Realty Trust

A number of large investors have recently modified their holdings of the company. Gratia Capital LLC increased its position in Franklin BSP Realty Trust by 110.0% during the 4th quarter. Gratia Capital LLC now owns 622,622 shares of the company's stock worth $7,808,000 after purchasing an additional 326,122 shares in the last quarter. GraniteShares Advisors LLC purchased a new stake in Franklin BSP Realty Trust during the fourth quarter worth approximately $2,475,000. Strong Tower Advisory Services increased its position in shares of Franklin BSP Realty Trust by 16.3% in the first quarter. Strong Tower Advisory Services now owns 1,345,488 shares of the company's stock worth $17,142,000 after acquiring an additional 188,377 shares in the last quarter. Balyasny Asset Management L.P. raised its stake in shares of Franklin BSP Realty Trust by 84.5% in the 4th quarter. Balyasny Asset Management L.P. now owns 362,451 shares of the company's stock valued at $4,545,000 after acquiring an additional 165,981 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of Franklin BSP Realty Trust by 17.5% during the 4th quarter. Northern Trust Corp now owns 958,564 shares of the company's stock valued at $12,020,000 after acquiring an additional 142,437 shares in the last quarter. 59.87% of the stock is currently owned by hedge funds and other institutional investors.

Franklin BSP Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Monday, March 31st were given a dividend of $0.355 per share. This represents a $1.42 dividend on an annualized basis and a yield of 12.27%. The ex-dividend date of this dividend was Monday, March 31st. Franklin BSP Realty Trust's dividend payout ratio (DPR) is presently 171.08%.

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).

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