Q2 EPS Forecast for Franklin BSP Realty Trust Cut by Analyst

Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Free Report) - Equities researchers at B. Riley lowered their Q2 2025 earnings estimates for Franklin BSP Realty Trust in a research note issued to investors on Tuesday, April 29th. B. Riley analyst R. Binner now anticipates that the company will earn $0.28 per share for the quarter, down from their previous forecast of $0.30. 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 FY2025 earnings at $0.79 EPS and FY2026 earnings at $1.38 EPS.

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

A number of other research firms have also commented on FBRT. Citigroup reaffirmed an "outperform" rating on shares of Franklin BSP Realty Trust in a research report on Wednesday, March 12th. Jones Trading cut their price target on shares of Franklin BSP Realty Trust from $15.00 to $14.00 and set a "buy" rating on the stock in a research note on Tuesday, April 29th. Finally, JMP Securities restated a "market outperform" rating and set a $15.00 price objective on shares of Franklin BSP Realty Trust in a report on Tuesday, April 29th. Five equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $15.30.

Franklin BSP Realty Trust Trading Up 0.4 %

Shares of NYSE FBRT traded up $0.05 during midday trading on Friday, reaching $11.15. 119,662 shares of the stock were exchanged, compared to its average volume of 375,990. Franklin BSP Realty Trust has a 12 month low of $10.50 and a 12 month high of $14.12. The company has a market capitalization of $916.29 million, a price-to-earnings ratio of 13.43 and a beta of 1.07. The company has a debt-to-equity ratio of 3.42, a current ratio of 84.89 and a quick ratio of 90.45. The business has a 50-day simple moving average of $12.23 and a two-hundred day simple moving average of $12.64.

Franklin BSP Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Monday, March 31st were issued a $0.355 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.42 annualized dividend and a yield of 12.74%. Franklin BSP Realty Trust's dividend payout ratio is presently 208.82%.

Institutional Trading of Franklin BSP Realty Trust

Several large investors have recently modified their holdings of FBRT. Amundi increased its holdings in Franklin BSP Realty Trust by 174.5% in the 4th quarter. Amundi now owns 39,545 shares of the company's stock valued at $488,000 after buying an additional 25,139 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Franklin BSP Realty Trust by 132.5% in the 4th quarter. JPMorgan Chase & Co. now owns 156,515 shares of the company's stock valued at $1,963,000 after purchasing an additional 89,189 shares in the last quarter. Strong Tower Advisory Services increased its stake in shares of Franklin BSP Realty Trust by 9.7% in the 4th quarter. Strong Tower Advisory Services now owns 1,157,111 shares of the company's stock valued at $14,510,000 after purchasing an additional 101,951 shares during the last quarter. Barclays PLC boosted its stake in Franklin BSP Realty Trust by 22.0% in the third quarter. Barclays PLC now owns 136,534 shares of the company's stock valued at $1,784,000 after buying an additional 24,633 shares in the last quarter. Finally, GraniteShares Advisors LLC bought a new position in Franklin BSP Realty Trust in the fourth quarter valued at about $2,475,000. 59.87% of the stock is owned by institutional investors and hedge funds.

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).