Should I buy or sell Franklin BSP Realty Trust stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Franklin BSP Realty Trust in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FBRT shares. View FBRT analyst ratings or view top-rated stocks .

What is Franklin BSP Realty Trust's stock price target for 2024?

3 equities research analysts have issued 1-year target prices for Franklin BSP Realty Trust's shares. Their FBRT share price targets range from $13.50 to $16.00. On average, they predict the company's share price to reach $14.83 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price. View analysts price targets for FBRT or view top-rated stocks among Wall Street analysts .

How have FBRT shares performed in 2023?

Franklin BSP Realty Trust's stock was trading at $12.90 at the beginning of the year. Since then, FBRT shares have increased by 1.4% and is now trading at $13.08. View the best growth stocks for 2023 here .

Are investors shorting Franklin BSP Realty Trust?

Franklin BSP Realty Trust saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 2,960,000 shares, an increase of 10.0% from the October 31st total of 2,690,000 shares. Based on an average trading volume of 327,000 shares, the days-to-cover ratio is currently 9.1 days. Approximately 3.6% of the shares of the company are short sold. View Franklin BSP Realty Trust's Short Interest .

When is Franklin BSP Realty Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our FBRT earnings forecast .

How often does Franklin BSP Realty Trust pay dividends? What is the dividend yield for Franklin BSP Realty Trust?

Franklin BSP Realty Trust announced a quarterly dividend on Monday, September 18th. Investors of record on Friday, September 29th will be paid a dividend of $0.355 per share on Tuesday, October 10th. This represents a $1.42 annualized dividend and a yield of 10.86%. The ex-dividend date of this dividend is Thursday, September 28th. Read our dividend analysis for FBRT .

Is Franklin BSP Realty Trust a good dividend stock?

Franklin BSP Realty Trust (NYSE:FBRT) pays an annual dividend of $1.42 per share and currently has a dividend yield of 11.09%. FBRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 102.90%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, FBRT will have a dividend payout ratio of 84.02% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for FBRT .

What ETFs hold Franklin BSP Realty Trust's stock?

ETFs with the largest weight of Franklin BSP Realty Trust (NYSE:FBRT) stock in their portfolio include VanEck Mortgage REIT Income ETF (MORT) and iShares Mortgage Real Estate ETF (REM) . iShares Micro-Cap ETF (IWC) .

Who are Franklin BSP Realty Trust's major shareholders?

Franklin BSP Realty Trust's stock is owned by many different retail and institutional investors. Top institutional shareholders include Northern Trust Corp (1.44%), Bank of New York Mellon Corp (0.87%), Charles Schwab Investment Management Inc. (0.80%), Strong Tower Advisory Services (0.74%), Mirae Asset Global Investments Co. Ltd. (0.67%) and Invesco Ltd. (0.65%). 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

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

$13.08

+0.09 (+0.69%)

(As of 11/30/2023 ET)

Compare

Today's Range: $13.02
▼
$13.17
50-Day Range: $12.11
▼
$13.81
52-Week Range: $11.08
▼
$14.92

Volume: 217,122 shs
Average Volume: 296,415 shs
Market Capitalization: $1.07 billion

P/E Ratio: 9.48
Dividend Yield: 10.86%
Price Target: $14.83

Franklin BSP Realty Trust MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 13.4% Upside
$14.83 Price Target
Short Interest: Bearish
3.59% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: -13.33%
From $1.95 to $1.69 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

Finance Sector

668th out of 856 stocks

Real Estate Investment Trusts Industry

130th out of 175 stocks

2.5

Analyst's Opinion

Consensus Rating
Franklin BSP Realty Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.83, Franklin BSP Realty Trust has a forecasted upside of 13.4% from its current price of $13.08.
Amount of Analyst Coverage
Franklin BSP Realty Trust has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.59% 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 9.1.
Change versus previous month
Short interest in Franklin BSP Realty Trust has recently increased by 10.04%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Franklin BSP Realty Trust is a leading dividend payer. It pays a dividend yield of 11.09%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Franklin BSP Realty Trust has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Franklin BSP Realty Trust is 102.90%. 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 84.02% in the coming year. This indicates that Franklin BSP Realty Trust may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FBRT.

1.1

News and Social Media Coverage

News Sentiment
Franklin BSP Realty Trust has a news sentiment score of 0.01. 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 lower news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Franklin BSP Realty Trust this week, compared to 2 articles on an average week.
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 0% compared to the previous 30 days.

0.8

Company Ownership

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 0.56% of the stock of Franklin BSP Realty Trust is held by insiders.
Percentage Held by Institutions
59.70% 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.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Franklin BSP Realty Trust are expected to decrease by -13.33% in the coming year, from $1.95 to $1.69 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Franklin BSP Realty Trust is 9.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Franklin BSP Realty Trust is 9.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.83.
Price to Book Value per Share Ratio
Franklin BSP Realty Trust has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Franklin BSP Realty Trust Stock (NYSE:FBRT)

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.

FBRT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FBRT Stock News Headlines

November 24, 2023 | seekingalpha.com

FBRT.PR.E Franklin BSP Realty Trust, Inc. PFD SER E

November 1, 2023 | markets.businessinsider.com

Franklin BSP Realty Trust: Strong Dividend Coverage, Stable BV, and New Loan Originations Drive Positive Outlook

November 30, 2023 | Tomorrow Investor (Ad)

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There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 1, 2023 | markets.businessinsider.com

JMP Securities Reaffirms Their Hold Rating on Franklin BSP Realty Trust (FBRT)

November 1, 2023 | finance.yahoo.com

Franklin BSP Realty Trust, Inc. (NYSE:FBRT) Q3 2023 Earnings Call Transcript

October 30, 2023 | msn.com

Franklin BSP (FBRT) Surpasses Q3 Earnings and Revenue Estimates

October 30, 2023 | sfgate.com

Franklin BSP: Q3 Earnings Snapshot

October 27, 2023 | benzinga.com

Earnings Outlook For Franklin BSP Realty Trust

November 30, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

October 27, 2023 | msn.com

Franklin BSP Realty Trust Q3 Earnings Preview

October 26, 2023 | finance.yahoo.com

The past year for Franklin BSP Realty Trust (NYSE:FBRT) investors has not been profitable

October 11, 2023 | businesswire.com

Franklin BSP Realty Trust, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call

September 28, 2023 | finance.yahoo.com

Franklin BSP Realty Trust, Inc. Announces Closing of Approximately $900 Million CLO

September 20, 2023 | msn.com

Franklin BSP Realty Is Benefiting From Higher Short-Term Interest Rates

August 7, 2023 | finance.yahoo.com

Franklin BSP Realty Trust, Inc. Announces Closing of a $80 Million Loan on the Alexan Waterloo, a Luxury High-Rise Multifamily Property

August 3, 2023 | markets.businessinsider.com

JonesTrading Reaffirms Their Buy Rating on Franklin BSP Realty Trust (FBRT)

August 1, 2023 | seekingalpha.com

Franklin BSP Realty Trust, Inc. 2023 Q2 - Results - Earnings Call Presentation

July 31, 2023 | finance.yahoo.com

Franklin BSP: Q2 Earnings Snapshot

July 31, 2023 | finance.yahoo.com

Franklin BSP Realty Trust, Inc. Announces Second Quarter 2023 Results

July 30, 2023 | seekingalpha.com

Franklin BSP Realty Trust Q2 2023 Earnings Preview

July 10, 2023 | finance.yahoo.com

Franklin BSP Realty Trust, Inc. Schedules Second Quarter 2023 Earnings Release and Conference Call

July 10, 2023 | finance.yahoo.com

With 60% ownership, Franklin BSP Realty Trust, Inc. (NYSE:FBRT) boasts of strong institutional backing

June 26, 2023 | msn.com

Wednesday Is Your Last Chance To Buy Franklin BSP Realty Trust Before The Dividend Payout

June 17, 2023 | markets.businessinsider.com

BTIG Reaffirms Their Buy Rating on Franklin BSP Realty Trust (FBRT)

June 15, 2023 | seekingalpha.com

Franklin BSP Realty: Commercial Mortgage Loans For A 10% Yield

June 6, 2023 | finance.yahoo.com

FBRT - Franklin BSP Realty Trust, Inc.

June 2, 2023 | msn.com

JonesTrading Reiterates Franklin BSP Realty Trust (FBRT) Buy Recommendation

See More Headlines

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Company Calendar

Ex-Dividend for 10/10 Dividend: 9/28/2023
Dividend Payable: 10/10/2023
Today: 11/30/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/28/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
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: $14.83
High Stock Price Target: $16.00
Low Stock Price Target: $13.50
Potential Upside/Downside: +13.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.38
Trailing P/E Ratio: 9.48
Forward P/E Ratio: 6.71
P/E Growth: N/A
Net Income: $14.43 million
Net Margins: 51.07%
Pretax Margin: 52.14%
Return on Equity: 13.99%
Return on Assets: 3.12%

Debt

Debt-to-Equity Ratio: 3.06
Current Ratio: 83.78
Quick Ratio: 83.78

Sales & Book Value

Annual Sales: $554.36 million
Price / Sales: 1.94
Cash Flow: $1.12 per share
Price / Cash Flow: 11.70
Book Value: $16.29 per share
Price / Book: 0.80

Miscellaneous

Outstanding Shares: 82,073,000
Free Float: 81,613,000
Market Cap: $1.07 billion
Optionable: Optionable
Beta: 1.49

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Key Executives

Mr. Richard Jan Byrne (Age 61)
Chairman, CEO & Pres
Mr. Jerome S. Baglien (Age 44)
CFO, COO & Treasurer
Ms. Lindsey Crabbe
Director of Investor Relations
Mr. Micah Goodman J.D.
Gen. Counsel & Corp. Sec.
Mr. Peter W. Touhill
Managing Director
Mr. Michael Comparato
Head of Real Estate
Mr. David Elgart
Managing Director
Mr. Brian Nowakowski
Managing Director
Mr. Benjamin R. Weinberger
Managing Director
Mr. Aaron B. Derby
Managing Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FBRT Stock Analysis - Frequently Asked Questions

Should I buy or sell Franklin BSP Realty Trust stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Franklin BSP Realty Trust in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FBRT shares.
View FBRT analyst ratings or view top-rated stocks.
What is Franklin BSP Realty Trust's stock price target for 2024?: 3 equities research analysts have issued 1-year target prices for Franklin BSP Realty Trust's shares. Their FBRT share price targets range from $13.50 to $16.00. On average, they predict the company's share price to reach $14.83 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price.
View analysts price targets for FBRT or view top-rated stocks among Wall Street analysts.
How have FBRT shares performed in 2023?: Franklin BSP Realty Trust's stock was trading at $12.90 at the beginning of the year. Since then, FBRT shares have increased by 1.4% and is now trading at $13.08.
View the best growth stocks for 2023 here.
Are investors shorting Franklin BSP Realty Trust?: Franklin BSP Realty Trust saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 2,960,000 shares, an increase of 10.0% from the October 31st total of 2,690,000 shares. Based on an average trading volume of 327,000 shares, the days-to-cover ratio is currently 9.1 days. Approximately 3.6% of the shares of the company are short sold.
View Franklin BSP Realty Trust's Short Interest.
When is Franklin BSP Realty Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our FBRT earnings forecast.
How often does Franklin BSP Realty Trust pay dividends? What is the dividend yield for Franklin BSP Realty Trust?: Franklin BSP Realty Trust announced a quarterly dividend on Monday, September 18th. Investors of record on Friday, September 29th will be paid a dividend of $0.355 per share on Tuesday, October 10th. This represents a $1.42 annualized dividend and a yield of 10.86%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for FBRT.

Is Franklin BSP Realty Trust a good dividend stock?: Franklin BSP Realty Trust (NYSE:FBRT) pays an annual dividend of $1.42 per share and currently has a dividend yield of 11.09%. FBRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 102.90%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, FBRT will have a dividend payout ratio of 84.02% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for FBRT.
What ETFs hold Franklin BSP Realty Trust's stock?: ETFs with the largest weight of Franklin BSP Realty Trust (NYSE:FBRT) stock in their portfolio include VanEck Mortgage REIT Income ETF (MORT) and iShares Mortgage Real Estate ETF (REM).iShares Micro-Cap ETF (IWC).
Who are Franklin BSP Realty Trust's major shareholders?: Franklin BSP Realty Trust's stock is owned by many different retail and institutional investors. Top institutional shareholders include Northern Trust Corp (1.44%), Bank of New York Mellon Corp (0.87%), Charles Schwab Investment Management Inc. (0.80%), Strong Tower Advisory Services (0.74%), Mirae Asset Global Investments Co. Ltd. (0.67%) and Invesco Ltd. (0.65%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:FBRT) was last updated on 11/30/2023 by MarketBeat.com Staff

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