FBRT
Franklin BSP Realty TrustFBRT
FBRT
About: Franklin BSP Realty Trust Inc is a private real estate investment trust that originates, acquires, and manages a diversified portfolio of commercial real estate debt, and first mortgage loans. secured by properties located in the United States.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1,415% more call options, than puts
Call options by funds: $5.14M | Put options by funds: $339K
50% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]
3% more capital invested
Capital invested by funds: $631M [Q2] → $648M (+$17.3M) [Q3]
0.46% less ownership
Funds ownership: 61.05% [Q2] → 60.59% (-0.46%) [Q3]
8% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 24
1% less funds holding
Funds holding: 185 [Q2] → 183 (-2) [Q3]
25% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 73
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$15
18%
upside
Avg. target
$15.50
22%
upside
High target
$16
26%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Janney Montgomery Scott Jason Stewart 25% 1-year accuracy 3 / 12 met price target | 26%upside $16 | Buy Initiated | 12 Dec 2024 |
Jones Trading Jason Weaver 55% 1-year accuracy 21 / 38 met price target | 18%upside $15 | Buy Maintained | 5 Nov 2024 |
Financial journalist opinion
Neutral
Business Wire
5 days ago
Franklin BSP Realty Trust, Inc. Announces Fourth 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 fourth quarter 2024 dividend of $0.355 per common share. The dividend is payable on or about January 10, 2025, to common stockholders of record as of December 31, 2024. The Board of Directors also declared a fourth quarter 2024 dividend on its convertible Series H Preferred Stock in an amount equal to the as-converted common dividend amount. FBR.
Neutral
Seeking Alpha
1 week ago
Huge Yields, Brief Notes
Preferred shares rallied, as predicted. Finding value is getting much harder. There are some common shares trading at discounts. Some big, some tiny. I would be interested in a few of the agency mortgage REITs, but the ones I would prefer remain unavailable. The valuation between those good ones and some of the weaker ones (as measured by things like destruction of shareholder wealth and me not liking them) is still small sometimes.
Neutral
24/7 Wall Street
1 month ago
Dividend Aristocrats Yielding over 6% to Buy in November
Now that we have officially entered November, a whole entirely new world of volatility appears to be present in the stock market.
Neutral
Seeking Alpha
1 month ago
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 last analysis, but its total shareholder return is up 0.1%, outperforming the S&P 500 in the long run. The firm's NOPAT has been rising since 2019, despite a decline in NOPAT margin and ROIC, highlighting ongoing business challenges.
Neutral
Seeking Alpha
1 month ago
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 and Chief Executive Officer Jerry Baglien - Chief Financial Officer and Chief Operating Officer Michael Comparato - President Conference Call Participants Matthew Erdner - Jones Trading Stephen Laws - Raymond James Steven Delaney - Citizens JMP Thomas Catherwood - BTIG. Operator Good day and welcome to the Franklin BSP Realty Trust Third Quarter 2024 Earnings Call.
Negative
Zacks Investment Research
1 month ago
Franklin BSP (FBRT) Reports Q3 Loss, Lags Revenue Estimates
Franklin BSP (FBRT) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of $0.26. This compares to earnings of $0.43 per share a year ago.
Neutral
Business Wire
1 month ago
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 (loss) of $30.2 million for the three months ended September 30, 2024, compared to $(3.8) million for the three months ended June 30, 2024. Reported diluted earnings per share ("EPS") to common stockholders of $0.30 for the three months ended September 30, 2024, compared to $(0.11) for the three mon.
Neutral
Seeking Alpha
2 months ago
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 as great today. I'll include an alternative from my portfolio that still offers an attractive yield for investors.
Positive
Benzinga
2 months ago
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 development and lack stability—rely heavily on debt to fuel their growth.
Neutral
MarketBeat
2 months ago
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 development and lack stability—rely heavily on debt to fuel their growth.
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