B. Riley Issues Pessimistic Forecast for FBRT Earnings

Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Free Report) - Investment analysts at B. Riley lowered their Q2 2025 earnings estimates for shares of Franklin BSP Realty Trust in a research note issued on Tuesday, April 29th. B. Riley analyst R. Binner now anticipates that the company will post earnings of $0.28 per share for the quarter, down from their prior estimate 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 earnings results on Thursday, February 13th. The company reported $0.28 EPS for the quarter, beating the consensus estimate 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 company had revenue of $55.95 million for the quarter, compared to analyst estimates of $49.28 million.

FBRT has been the subject of a number of other reports. Jones Trading dropped their target price on shares of Franklin BSP Realty Trust from $15.00 to $14.00 and set a "buy" rating for the company in a report on Tuesday. Citigroup reaffirmed an "outperform" rating on shares of Franklin BSP Realty Trust in a research report on Wednesday, March 12th. Finally, JMP Securities reissued a "market outperform" rating and issued a $15.00 target price on shares of Franklin BSP Realty Trust in a research report on Tuesday. Five investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $15.30.

Franklin BSP Realty Trust Stock Down 0.1 %

Shares of Franklin BSP Realty Trust stock opened at $11.37 on Friday. The stock has a market capitalization of $950.53 million, a price-to-earnings ratio of 13.69 and a beta of 1.14. Franklin BSP Realty Trust has a 52-week low of $10.50 and a 52-week high of $14.12. The company has a debt-to-equity ratio of 3.42, a quick ratio of 90.45 and a current ratio of 84.89. The company's 50 day moving average price is $12.34 and its 200-day moving average price is $12.68.

Institutional Investors Weigh In On Franklin BSP Realty Trust

Several institutional investors have recently modified their holdings of FBRT. Gratia Capital LLC raised its stake 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 valued at $7,808,000 after buying an additional 326,122 shares during the last quarter. GraniteShares Advisors LLC bought a new position in Franklin BSP Realty Trust in the fourth quarter valued at about $2,475,000. Strong Tower Advisory Services boosted its position in 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 purchasing an additional 188,377 shares during the last quarter. Balyasny Asset Management L.P. grew its stake in shares of Franklin BSP Realty Trust by 84.5% during the 4th quarter. Balyasny Asset Management L.P. now owns 362,451 shares of the company's stock valued at $4,545,000 after purchasing an additional 165,981 shares during the period. Finally, Northern Trust Corp increased its position 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 purchasing an additional 142,437 shares during the last quarter. 59.87% of the stock is owned by hedge funds and other institutional investors.

Franklin BSP Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Monday, March 31st were paid a dividend of $0.355 per share. The ex-dividend date was Monday, March 31st. This represents a $1.42 annualized dividend and a yield of 12.49%. Franklin BSP Realty Trust's dividend payout ratio is 208.82%.

Franklin BSP Realty Trust Company Profile

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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