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. Its segments include the real estate debt business; the real estate securities business; the real estate owned business; and the commercial real estate conduit business.
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
8,329% more call options, than puts
Call options by funds: $9.1M | Put options by funds: $108K
108% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 13
5% more funds holding
Funds holding: 184 [Q3] → 193 (+9) [Q4]
1.01% more ownership
Funds ownership: 60.68% [Q3] → 61.69% (+1.01%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]
2% less capital invested
Capital invested by funds: $649M [Q3] → $634M (-$14.8M) [Q4]
10% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 69
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$15
14%
upside
Avg. target
$15
14%
upside
High target
$15
14%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Citizens Capital Markets Steven Delaney 59% 1-year accuracy 10 / 17 met price target | 14%upside $15 | Market Outperform Maintained | 12 Mar 2025 |
Jones Trading Jason Weaver 60% 1-year accuracy 33 / 55 met price target | 14%upside $15 | Buy Reiterated | 11 Mar 2025 |
Financial journalist opinion
Based on 4 articles about FBRT published over the past 30 days
Neutral
Business Wire
3 days ago
Franklin BSP Realty Trust, Inc. Announces Acquisition of NewPoint Holdings JV LLC
NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”), a leading real estate investment trust, today announced that it has entered into a definitive agreement to acquire NewPoint Holdings JV LLC (“NewPoint”), a privately held commercial real estate finance company headquartered in Plano, Texas. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions, including regulatory approvals. Richard Byrne, CEO.
Neutral
Seeking Alpha
3 weeks ago
Franklin BSP Realty Trust, Inc. (FBRT) Q4 2024 Earnings Call Transcript
Franklin BSP Realty Trust, Inc. (NYSE:FBRT ) Q4 2024 Earnings Conference Call February 14, 2025 9:00 AM ET Company Participants Lindsey Crabbe - Head of Investor Relations Richard Byrne - CEO and Chairman of the Board Jerome Baglien - Chief Financial Officer and Chief Operating Officer Michael Comparato - President Conference Call Participants Matthew Erdner - Jones Trading Thomas Catherwood - BTIG Randy Binner - B. Riley Financial Stephen Laws - Raymond James Operator Hello and welcome to the Franklin BSP Realty Trust Fourth Quarter 2024 Earnings Conference Call.
Negative
Zacks Investment Research
4 weeks ago
Franklin BSP (FBRT) Q4 Earnings Lag Estimates
Franklin BSP (FBRT) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.39 per share a year ago.
Neutral
Business Wire
4 weeks ago
Franklin BSP Realty Trust, Inc. Announces Fourth Quarter and Full Year 2024 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, 2024. Reported GAAP net income of $30.2 million and $92.4 million for the three and twelve months ended December 31, 2024, respectively, compared to $30.0 million and $144.5 million for the three and twelve months ended December 31, 2023, respectively. Reported diluted earnings per share ("EPS") to common stockholder.
Negative
Zacks Investment Research
1 month ago
Analysts Estimate Franklin BSP (FBRT) to Report a Decline in Earnings: What to Look Out for
Franklin BSP (FBRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Negative
Seeking Alpha
1 month ago
Past Time To Take Gains On These Big Yielders
These shares don't give investors a big enough yield or enough upside. The performance throughout the sector has been great, but occasionally, it's better to just pocket the gains.
Negative
Seeking Alpha
1 month ago
High Yield REITs Whacked By Higher Rates
Despite a single day of declining rates, the trend higher brought even more damage to mortgage REITs. Some may see book value fall by as much as 10% or more, but the average will probably be around the middle of the single-digit range.
Neutral
Business Wire
2 months ago
Franklin BSP Realty Trust, Inc. Schedules Fourth 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 fourth quarter 2024 results on Thursday, February 13, 2025, after the close of trading on the New York Stock Exchange. The Company will host a conference call and live audio webcast to discuss its financial results on Friday, February 14, 2025, at 9:00 a.m. ET. All conference call and webcast information can be found on the Company's website at https://www.f.
Neutral
Business Wire
2 months 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
2 months 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.
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