Franklin BSP Realty Trust, Inc. (FBRT)

NYSE: FBRT · IEX Real-Time Price · USD
13.08
-0.09 (-0.68%)
Jul 12, 2024, 4:00 PM EDT - Market closed
-0.68%
Market Cap 1.07B
Revenue (ttm) 255.13M
Net Income (ttm) 110.31M
Shares Out 81.87M
EPS (ttm) 1.32
PE Ratio 9.91
Forward PE 7.78
Dividend $1.42 (10.86%)
Ex-Dividend Date Jun 28, 2024
Volume 586,392
Open 13.30
Previous Close 13.17
Day's Range 12.92 - 13.46
52-Week Range 11.99 - 14.70
Beta 1.32
Analysts Strong Buy
Price Target 14.75 (+12.77%)
Earnings Date Jul 31, 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 12.77% from the latest price.

Price Target
$14.75
(12.77% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

4 days ago - Business Wire

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...

27 days ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months 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...

3 months 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”...

3 months 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...

4 months 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...

5 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, ...

6 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...

7 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, ...

7 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...

9 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...

9 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 ...

10 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...

10 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 ...

1 year 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...

1 year 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...

1 year 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...

1 year 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