Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Free Report) - Equities research analysts at B. Riley cut their Q1 2025 EPS estimates for shares of Franklin BSP Realty Trust in a research report issued to clients and investors on Monday, April 21st. B. Riley analyst R. Binner now expects that the company will post earnings of $0.27 per share for the quarter, down from their previous estimate of $0.35. B. Riley 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 equities research analysts also recently commented on FBRT. Jones Trading reaffirmed a "buy" rating and issued a $15.00 price objective on shares of Franklin BSP Realty Trust in a research report on Tuesday, March 11th. Citigroup restated an "outperform" rating on shares of Franklin BSP Realty Trust in a report on Wednesday, March 12th. Five investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $15.50.
Get Our Latest Analysis on FBRT
Franklin BSP Realty Trust Trading Down 0.4 %
FBRT traded down $0.05 during trading on Wednesday, hitting $11.59. The company's stock had a trading volume of 207,436 shares, compared to its average volume of 371,959. Franklin BSP Realty Trust has a twelve month low of $10.50 and a twelve month high of $14.12. The stock has a market cap of $968.93 million, a PE ratio of 13.95 and a beta of 1.14. The firm's 50 day moving average price is $12.48 and its 200-day moving average price is $12.71. The company has a debt-to-equity ratio of 3.42, a current ratio of 84.89 and a quick ratio of 90.45.
Franklin BSP Realty Trust (NYSE:FBRT - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.28 earnings per share for the quarter, beating 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 analyst estimates of $49.28 million.
Hedge Funds Weigh In On Franklin BSP Realty Trust
Large investors have recently modified their holdings of the company. Barclays PLC increased its position in Franklin BSP Realty Trust by 22.0% during the 3rd quarter. Barclays PLC now owns 136,534 shares of the company's stock worth $1,784,000 after purchasing an additional 24,633 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Franklin BSP Realty Trust by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,939,515 shares of the company's stock valued at $25,335,000 after acquiring an additional 9,428 shares in the last quarter. Amundi boosted its position in Franklin BSP Realty Trust by 174.5% during the 4th quarter. Amundi now owns 39,545 shares of the company's stock worth $488,000 after purchasing an additional 25,139 shares during the period. FMR LLC boosted its position in Franklin BSP Realty Trust by 42.9% during the 3rd quarter. FMR LLC now owns 2,623 shares of the company's stock worth $34,000 after purchasing an additional 787 shares during the period. Finally, Strong Tower Advisory Services increased its holdings in 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 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 12.26%. 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
(
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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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