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DOW   33,093.34
QQQ   348.40
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Stock market today: Global shares mixed as investors await debt ceiling vote, eye China economy
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Franklin BSP Realty Trust (FBRT) Stock Forecast, Price & News

$13.59
+0.71 (+5.51%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$12.88
$13.71
50-Day Range
$11.19
$13.65
52-Week Range
$10.34
$16.20
Volume
337,100 shs
Average Volume
288,326 shs
Market Capitalization
$1.12 billion
P/E Ratio
22.65
Dividend Yield
10.45%
Price Target
$14.75

Franklin BSP Realty Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
8.5% Upside
$14.75 Price Target
Short Interest
Healthy
1.74% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.18mentions of Franklin BSP Realty Trust in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$36,800 Bought Last Quarter
Proj. Earnings Growth
-10.67%
From $1.78 to $1.59 Per Share

Overall MarketRank

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

2.11 out of 5 stars

Finance Sector

676th out of 905 stocks

Real Estate Investment Trusts Industry

146th out of 190 stocks


FBRT stock logo

About Franklin BSP Realty Trust (NYSE:FBRT) Stock

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.

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FBRT Stock News Headlines

The Graphite Shortage Story You're Not Being Told
Graphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security.
Where Franklin BSP Realty Trust Stands With Analysts
New "Mined in America" Lithium Opportunities?
The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.
Franklin BSP: Q1 Earnings Snapshot
Franklin Bsp Realty Trust (NYSE: FBRT)
See More Headlines
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FBRT Company Calendar

Ex-Dividend for 4/10 Dividend
3/30/2023
Dividend Payable
4/10/2023
Today
5/30/2023
Next Earnings (Estimated)
8/04/2023
Fiscal Year End
12/31/2023

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 Forecast
$14.75
High Stock Price Forecast
$16.00
Low Stock Price Forecast
$13.50
Forecasted Upside/Downside
+8.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$14.43 million
Pretax Margin
37.99%

Debt

Sales & Book Value

Annual Sales
$201.65 million
Cash Flow
$1.10 per share
Book Value
$16.00 per share

Miscellaneous

Free Float
82,009,000
Market Cap
$1.12 billion
Optionable
Optionable
Beta
1.50

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 - Frequently Asked Questions

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

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Franklin BSP Realty Trust in the last twelve months. There are currently 1 hold rating and 4 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 forecast for 2023?

5 Wall Street research analysts have issued 12 month price objectives for Franklin BSP Realty Trust's stock. Their FBRT share price forecasts range from $13.50 to $16.00. On average, they predict the company's share price to reach $14.75 in the next year. This suggests a possible upside of 8.5% 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 start of the year. Since then, FBRT stock has increased by 5.3% and is now trading at $13.59.
View the best growth stocks for 2023 here
.

Are investors shorting Franklin BSP Realty Trust?

Franklin BSP Realty Trust saw a decrease in short interest in May. As of May 15th, there was short interest totaling 1,440,000 shares, a decrease of 28.0% from the April 30th total of 2,000,000 shares. Based on an average trading volume of 308,600 shares, the short-interest ratio is currently 4.7 days. Approximately 1.7% of the shares of the stock 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 Friday, August 4th 2023.
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 declared a quarterly dividend on Monday, March 20th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.355 per share on Monday, April 10th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.45%. The ex-dividend date of this dividend is Thursday, March 30th.
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 10.45%. FBRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 236.67%. 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 89.31% 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 is Franklin BSP Realty Trust's stock symbol?

Franklin BSP Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "FBRT."

Who are Franklin BSP Realty Trust's major shareholders?

Franklin BSP Realty Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.22%), State Street Corp (3.80%), Cliffwater LLC (2.67%), Geode Capital Management LLC (1.92%), Bank of New York Mellon Corp (0.95%) and Charles Schwab Investment Management Inc. (0.75%).
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.

What is Franklin BSP Realty Trust's stock price today?

One share of FBRT stock can currently be purchased for approximately $13.59.

How much money does Franklin BSP Realty Trust make?

Franklin BSP Realty Trust (NYSE:FBRT) has a market capitalization of $1.12 billion and generates $201.65 million in revenue each year. The company earns $14.43 million in net income (profit) each year or $0.60 on an earnings per share basis.

How can I contact Franklin BSP Realty Trust?

Franklin BSP Realty Trust's mailing address is 9 W 57th St Rm 4920, New York, New York 10019-2705. The official website for the company is bsprealtytrust.com. The company can be reached via phone at (214) 874-2323, via email at invrel@capstead.com, or via fax at 214-874-2398.

This page (NYSE:FBRT) was last updated on 5/30/2023 by MarketBeat.com Staff

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