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 6,831 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: $633M [Q2] → $649M (+$16.5M) [Q3]
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
0.54% less ownership
Funds ownership: 61.22% [Q2] → 60.67% (-0.54%) [Q3]
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 33% 1-year accuracy 4 / 12 met price target | 26%upside $16 | Buy Initiated | 12 Dec 2024 |
Jones Trading Jason Weaver 61% 1-year accuracy 25 / 41 met price target | 18%upside $15 | Buy Maintained | 5 Nov 2024 |
Financial journalist opinion
Based on 3 articles about FBRT published over the past 30 days
Negative
Seeking Alpha
1 week 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
2 weeks 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 weeks 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
1 month 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 month 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
2 months 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
2 months 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
2 months 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
2 months 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
2 months 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.
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