Franklin BSP Realty Trust, Inc. (FBRT)

NYSE: FBRT · IEX Real-Time Price · USD
12.74
+0.16 (1.27%)
Apr 26, 2024, 4:00 PM EDT - Market closed
1.27%
Market Cap 1.05B
Revenue (ttm) 263.95M
Net Income (ttm) 118.22M
Shares Out 82.12M
EPS (ttm) 1.42
PE Ratio 8.99
Forward PE 7.86
Dividend $1.42 (11.15%)
Ex-Dividend Date Mar 27, 2024
Volume 182,871
Open 12.60
Previous Close 12.58
Day's Range 12.60 - 12.84
52-Week Range 11.73 - 14.70
Beta 1.36
Analysts Strong Buy
Price Target 14.75 (+15.78%)
Earnings Date Apr 29, 2024

About FBRT

Franklin BSP Realty Trust, Inc., a real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt investments secured by properties located in the United States. The company originates conduit loans; and invests in commercial real estate securities, as well as owns real estate acquired through foreclosure and deed in lieu of foreclosure, and purchased for investment. It also invests in commercial real estate debt investments, which includes first mortgage loans, mezzanine loans, bridge loans, and other... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Sep 5, 1985
Country United States
Stock Exchange NYSE
Ticker Symbol FBRT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for FBRT stock is "Strong Buy." The 12-month stock price forecast is $14.75, which is an increase of 15.78% from the latest price.

Price Target
$14.75
(15.78% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Franklin BSP Realty Trust, Inc. Announces Closing of $125 Million Loan on a Southwest Industrial Portfolio

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced the closing of a $125 million floating-rate senior loan facilitating the refinancing o...

17 days ago - Business Wire

Franklin BSP Realty Trust, Inc. Schedules First Quarter 2024 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its first quarter 2024 results on Monday, April 29, 2024, after t...

22 days ago - Business Wire

Benefit Street Partners L.L.C. Announces Closing of $120 Million Loan on a Texas Office Portfolio

NEW YORK--(BUSINESS WIRE)--Benefit Street Partners L.L.C. (“BSP” or the “Company”) today announced the closing of a $120 million floating-rate senior loan to Silver Star Properties REIT (“Silver Star”...

4 weeks ago - Business Wire

Franklin BSP Realty Trust, Inc. Announces First Quarter 2024 Common Stock Dividend of $0.355 Per Share and Series E Cumulative Redeemable Preferred Stock Dividend of $0.46875 Per Share

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced its Board of Directors has declared a first quarter 2024 dividend of $0.355 per common...

5 weeks ago - Business Wire

Franklin BSP Realty Trust, Inc. Announces Fourth Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced financial results for the quarter and full year ended December 31, 2023. Reported GAAP...

2 months ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its fourth quarter 2023 results on Wednesday, February 14, 2024, ...

3 months ago - Business Wire

Franklin BSP Realty Trust, Inc. Announces Fourth Quarter 2023 Common Stock Dividend of $0.355 Per Share and Series E Cumulative Redeemable Preferred Stock Dividend of $0.46875 Per Share

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced its Board of Directors has declared a fourth quarter 2023 dividend of $0.355 per commo...

4 months ago - Business Wire

Franklin BSP Realty Trust, Inc. to Participate in Raymond James' Non-Bank Lenders Symposium

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) announced today that it will participate in the Raymond James Non-Bank Lenders Symposium on Thursday, ...

4 months ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced financial results for the quarter ended September 30, 2023. Reported GAAP net income o...

6 months ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its third quarter 2023 results on Monday, October 30, 2023, after...

7 months ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced the closing of BSPRT 2023-FL10, an approximately $900 million managed Commercial Real ...

7 months ago - Business Wire

Franklin BSP Realty Trust, Inc. Announces Third Quarter 2023 Common Stock Dividend of $0.355 Per Share and Series E Cumulative Redeemable Preferred Stock Dividend of $0.46875 Per Share

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced its Board of Directors has declared a third quarter 2023 dividend of $0.355 per common...

7 months ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced the closing of a $80 million loan facilitating the refinancing of the Alexan Waterloo ...

9 months ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced financial results for the quarter ended June 30, 2023. Reported GAAP net income of $39...

9 months ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its second quarter 2023 results on Monday, July 31, 2023, after t...

10 months ago - Business Wire

Franklin BSP Realty Trust, Inc. Announces Second Quarter 2023 Common Stock Dividend of $0.355 Per Share and Series E Cumulative Redeemable Preferred Stock Dividend of $0.46875 Per Share

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced its Board of Directors has declared a second quarter 2023 dividend of $0.355 per commo...

11 months ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced financial results for the quarter ended March 31, 2023. Reported GAAP net income of $4...

1 year ago - Business Wire

Franklin BSP Realty Trust, Inc. Reschedules First Quarter 2023 Conference Call

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it has rescheduled the Company's first quarter 2023 earnings conference call to a...

1 year ago - Business Wire

Franklin BSP Realty Trust, Inc. Announces Completion of Williamsburg Hotel Sale

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced the successful completion of the sale of the Williamsburg Hotel, the Company's Brookly...

1 year ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its first quarter 2023 results on Wednesday, May 3, 2023, after t...

1 year ago - Business Wire

Franklin BSP Realty Trust, Inc. Appoints Michael Comparato as President

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced the appointment of Michael Comparato as its new President. Richard J. Byrne, who previ...

1 year ago - Business Wire

Franklin BSP Realty Trust, Inc. Announces First Quarter 2023 Common Stock Dividend of $0.355 Per Share and Series E Cumulative Redeemable Preferred Stock Dividend of $0.46875 Per Share

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced its Board of Directors has declared a first quarter 2023 dividend of $0.355 per common...

1 year ago - Business Wire

Franklin BSP Realty Trust, Inc. Announces Fourth Quarter and Full Year 2022 Results

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced financial results for the quarter and full year ended December 31, 2022. Reported GAAP...

1 year ago - Business Wire

Franklin BSP Realty Trust, Inc. Announces Closing of $120 Million Loan on a Limited-Service Hotel Portfolio

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced the closing of a $120 million loan facilitating the refinancing of a portfolio of 12 l...

1 year ago - Business Wire

Franklin BSP Realty Trust, Inc. Schedules Fourth Quarter 2022 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its fourth quarter 2022 results on Wednesday, February 22, 2023...

1 year ago - Business Wire