Franklin BSP Realty Trust, Inc. (FBRT)

NYSE: FBRT · Real-Time Price · USD
12.86
+0.04 (0.31%)
Oct 22, 2024, 4:00 PM EDT - Market closed
0.31%
Market Cap 1.05B
Revenue (ttm) 179.03M
Net Income (ttm) 67.80M
Shares Out 81.83M
EPS (ttm) 0.83
PE Ratio 15.55
Forward PE 7.93
Dividend $1.42 (11.04%)
Ex-Dividend Date Sep 30, 2024
Volume 126,623
Open 12.83
Previous Close 12.82
Day's Range 12.81 - 12.90
52-Week Range 11.99 - 14.66
Beta 1.31
Analysts Strong Buy
Price Target 15.10 (+17.42%)
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]

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 5 analysts, the average rating for FBRT stock is "Strong Buy." The 12-month stock price forecast is $15.1, which is an increase of 17.42% from the latest price.

Price Target
$15.1
(17.42% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

3 Shares Yielding Over 9%

We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not a...

5 days ago - Seeking Alpha

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 ...

Other symbols: AURATZOO
7 days ago - Benzinga

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...

13 days ago - Business Wire

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...

26 days ago - Business Wire

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...

5 weeks ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

Bashing Big Yielders

Dividends need to be sustained to create value. We're highlighting a company that regularly falls short. I made some mistakes many years ago and I want to address them so we can all learn from them.

2 months ago - Seeking Alpha

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 ...

2 months ago - Seeking Alpha

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)...

2 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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 ...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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...

5 months ago - Business Wire

The Labor Downshift

U.S. equity markets advanced for a second week while benchmark interest rates retreated from five-month highs after a critical slate of employment data showed a long-awaited cooldown in hiring trends....

6 months ago - Seeking Alpha

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 ...

6 months ago - Seeking Alpha

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...

6 months ago - Business Wire

10% Yields Or Higher

Most of these shares are either floating today or will float within a year. We're also including a common share where the high yield and discount to book value are big enough to be quite appealing. Of...

6 months ago - Seeking Alpha

Huge Disparity In These 2 REITs

We're looking at two REITs with similar portfolios and a 20% difference in valuation. For these REITs, we believe changes in book value were pretty small during Q1 2024.

6 months ago - Seeking Alpha

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...

7 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...

7 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”...

7 months ago - Business Wire