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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


FBRT stock logo

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

FBRT Stock News Headlines

FBRT.PR.E Franklin BSP Realty Trust, Inc. PFD SER E
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!
Franklin BSP: Q3 Earnings Snapshot
Earnings Outlook For Franklin BSP Realty Trust
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!
Franklin BSP: Q2 Earnings Snapshot
Franklin BSP Realty Trust Q2 2023 Earnings Preview
BTIG Reaffirms Their Buy Rating on Franklin BSP Realty Trust (FBRT)
FBRT - Franklin BSP Realty Trust, Inc.
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

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
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

Net Income
$14.43 million
Pretax Margin
52.14%

Debt

Sales & Book Value

Annual Sales
$554.36 million
Cash Flow
$1.12 per share
Book Value
$16.29 per share

Miscellaneous

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














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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