Franklin BSP Realty Trust, Inc. (FBRT)
Market Cap | 1.05B |
Revenue (ttm) | 169.68M |
Net Income (ttm) | 67.17M |
Shares Out | 81.84M |
EPS (ttm) | 0.81 |
PE Ratio | 15.84 |
Forward PE | 8.19 |
Dividend | $1.42 (11.07%) |
Ex-Dividend Date | Sep 30, 2024 |
Volume | 248,848 |
Open | 12.82 |
Previous Close | 12.90 |
Day's Range | 12.67 - 12.94 |
52-Week Range | 11.99 - 14.66 |
Beta | 1.31 |
Analysts | Strong Buy |
Price Target | 15.08 (+17.54%) |
Earnings Date | Nov 4, 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]
Financial Performance
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for FBRT stock is "Strong Buy." The 12-month stock price forecast is $15.08, which is an increase of 17.54% from the latest price.
News
Franklin BSP Realty Trust Is Trading At A Very Reasonable Premium
Franklin BSP Realty Trust's GAAP net income poorly reflects core profitability; despite pandemic challenges, the firm remains more profitable than pre-pandemic. Franklin's stock is down 2.6% since the...
Franklin BSP Realty Trust, Inc. (FBRT) Q3 2024 Earnings Call Transcript
Franklin BSP Realty Trust, Inc. (NYSE:FBRT) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Lindsey Crabbe - Director, Investor Relations Richard Byrne - Chairman an...
Franklin BSP Realty Trust, Inc. Announces Third Quarter 2024 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, 2024. Reported GAAP net income (...
3 Small-Cap Stocks Ready to Deliver Significant Growth
Small-cap stocks faced a challenging environment for the last several years as inflation and high interest rates dampened lending opportunities. These companies—which are often in the early stages of ...
Franklin BSP Realty Trust, Inc. Schedules Third Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) today announced that it will release its third quarter 2024 results on Monday, November 4, 2024, after the close of trading on t...
Franklin BSP Realty Trust, Inc. Announces Closing of a $1.024 Billion CRE CLO
NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) today announced the closing of BSPRT 2024-FL11 (“FL11”), a $1.024 billion managed Commercial Real Estate Collateralized Loan Obl...
Franklin BSP Realty Trust, Inc. Announces Third 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 third quarter 2024 dividend of $0.355 per common...
Franklin BSP Realty Trust May Be Close To Overvaluation
Franklin BSP Realty Trust's profitability is better represented by core profitability than GAAP net income, with recent market valuation becoming more optimistic. Returns on invested capital have decl...
10% Or Higher Dividend Yields
BDCs, mortgage REITs, preferred shares, and one baby bond. Most are yielding over 10%. I hope you're ready for the weekend. We're going to do quick coverage on each share. Some of these preferred shar...
Franklin BSP Realty Trust, Inc. (FBRT) Q2 2024 Earnings Call Transcript
Franklin BSP Realty Trust, Inc. (NYSE:FBRT) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Lindsey Crabbe - Director, Investor Relations Richard Byrne - Chairman and ...
Franklin BSP Realty Trust, Inc. Announces Second Quarter 2024 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, 2024. Reported GAAP net income (loss)...
12%+ Dividend Yields Duel
This is a head-to-head battle between two of the high yielders. Both are at least over 12%. This is a lesson in evaluating similar shares for differences in valuation. The emphasis here is on the chan...
Franklin BSP Realty Is On The Offensive
Franklin BSP Realty Trust is undervalued at 7.7x FWD earnings and .81x book value, with a strong focus on multi-family loans. The company's portfolio is well-diversified with mainly floating rate loan...
Franklin BSP Realty Trust, Inc. Schedules Second 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 second quarter 2024 results on Wednesday, July 31, 2024, afte...
12% Dividend Yield Sure Beats 8%
Management tried to keep the dividend down. They have the cash to pay out. These shares ranked ahead of the common shares. We've invested in these shares before. Now we're doing it again. Except this ...
Franklin BSP Realty Trust, Inc. Announces Second 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 second quarter 2024 dividend of $0.355 per commo...
9%+ Yields For Bigger Income
We spotted a new baby bond that was particularly appealing. A discount to face value drove yields higher. When we consider these high-yielding investments, it's important to carefully compare them wit...
Franklin BSP Realty Trust, Inc. Announces Closing of $125 Million Loan on a 414-Unit Multifamily Property
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...
Franklin BSP Realty Trust, Inc. (FBRT) Q1 2024 Earnings Call Transcript
Franklin BSP Realty Trust, Inc. (NYSE:FBRT) Q1 2024 Earnings Conference Call April 30, 2024 9:00 AM ET Company Participants Lindsey Crabbe - Director, Investor Relations Richard Byrne - Chairman and ...
Franklin BSP Realty Trust, Inc. Announces First Quarter 2024 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, 2024. Reported GAAP net income of $3...