Franklin BSP Realty Trust, Inc. (FBRT)
| Market Cap | 1.10B |
| Revenue (ttm) | 265.75M |
| Net Income (ttm) | 115.47M |
| Shares Out | 82.07M |
| EPS (ttm) | 1.45 |
| PE Ratio | 9.28 |
| Forward PE | 8.07 |
| Dividend | $1.42 (10.56%) |
| Ex-Dividend Date | Sep 28, 2023 |
| Volume | 286,235 |
| Open | 13.24 |
| Previous Close | 13.26 |
| Day's Range | 13.14 - 13.46 |
| 52-Week Range | 11.08 - 14.92 |
| Beta | 1.41 |
| Analysts | Strong Buy |
| Price Target | 14.83 (+10.26%) |
| Earnings Date | Oct 30, 2023 |
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 also 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. In addition, it invests in commercial real estate debt investments, which includes first mortgage loans, mezzanine loans, bridge loa... [Read more]
Financial Performance
In 2022, FBRT's revenue was $201.65 million, an increase of 25.39% compared to the previous year's $160.81 million. Losses were -$27.31 million, 246.4% more than in 2021.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for FBRT stock is "Strong Buy." The 12-month stock price forecast is $14.83, which is an increase of 10.26% from the latest price.
News
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...
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...
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 ...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Mixbook Appoints New CMO, Benjamin De Castro, Rounding Out its First-Class Executive Leadership Team
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Mixbook, the #1 rated photo book brand offering up the largest selection of designs for unrivaled creativity, today announced the appointment of Benjamin De Ca...
Franklin BSP Realty Trust, Inc. Announces Fourth Quarter 2022 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 2022 common dividend of $0.355 ...
Franklin BSP Realty Trust, Inc. Announces Appointment of Joe Dumars to the Board of Directors
NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced the appointment of Joe Dumars to the FBRT Board of Directors, effective January 1, 2...
Franklin BSP Realty Trust, Inc. Announces Third Quarter 2022 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, 2022.
Franklin BSP Realty Trust, Inc. Schedules Third 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 third quarter 2022 results on Wednesday, November 9, 2022, af...
Benefit Street Partners Launches Multi-Strategy Interval Fund, Franklin BSP Private Credit Fund
NEW YORK--(BUSINESS WIRE)--Benefit Street Partners L.L.C (“BSP”) and its parent company Franklin Templeton today announced the launch of Franklin BSP Private Credit Fund (FBSPX). The fund takes a mult...
Franklin BSP Realty Trust, Inc. Announces Closing of $235.0 Million Loan on The Elser Hotel & Residences
NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced the closing of a $235 million loan facilitating the refinancing of The Elser Hotel & R...
Franklin BSP Realty Trust, Inc. Announces Third Quarter 2022 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 2022 common dividend of $0.355 per...