Real Estate -
REIT - Mortgage - NYSE - US
$ 13.27
-2.07 %
$ 1.09 B
Market Cap
16.18
P/E
1. INTRINSIC VALUE
Balance Sheet
Franklin BSP Realty Trust, Inc.
| Current Assets | 5.43 B |
| Cash & Short-Term Investments | 344 M |
| Receivables | 4.99 B |
| Other Current Assets | 97.7 M |
| Non-Current Assets | 401 M |
| Long-Term Investments | 243 M |
| PP&E | 0 |
| Other Non-Current Assets | 159 M |
| Current Liabilities | 271 M |
| Accounts Payable | 13.3 M |
| Short-Term Debt | 174 M |
| Other Current Liabilities | 83.1 M |
| Non-Current Liabilities | 4.1 B |
| Long-Term Debt | 4.01 B |
| Other Non-Current Liabilities | 89.7 M |
EFFICIENCY
Earnings Waterfall
Franklin BSP Realty Trust, Inc.
| Revenue | 231 M |
| Cost Of Revenue | 339 M |
| Gross Profit | -109 M |
| Operating Expenses | 230 M |
| Operating Income | 155 M |
| Other Expenses | 9.55 M |
| Net Income | 145 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Franklin BSP Realty Trust, Inc.
| Net Income | 145 M |
| Depreciation & Amortization | 7.13 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 4.76 M |
| Change in Working Capital | -2.28 M |
| Others | 41.5 M |
| Free Cash Flow | 197 M |
Wall Street Analysts Price Targets
Franklin BSP Realty Trust, Inc.
Wall Street analysts predict an average 1-year price target for FBRT of $15.4 , with forecasts ranging from
a
low of
$15 to a high of $16 .
FBRT Lowest Price Target
Wall Street Target
15 USD
13.04%
FBRT Average Price Target
Wall Street Target
15.4 USD
16.05%
FBRT Highest Price Target
Wall Street Target
16 USD
20.57%
4. DIVIDEND
ANALYSIS
3.39%
DIVIDEND YIELD
0.355 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Franklin BSP Realty Trust, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 year ago
May 12, 2023
|
Bought
36.8 K USD
|
ORTALE BUFORD H
Director
|
+ 2000
|
18.4 USD |
|
2 years ago
Sep 15, 2022
|
Bought
35.3 K USD
|
ORTALE BUFORD H
Director
|
+ 3000
|
11.77 USD |
|
2 years ago
Sep 08, 2022
|
Bought
43.1 K USD
|
ORTALE BUFORD H
Director
|
+ 2200
|
19.6 USD |
|
2 years ago
Sep 07, 2022
|
Bought
73.3 K USD
|
ORTALE BUFORD H
director:
|
+ 3700
|
19.82 USD |
|
5 years ago
Jun 28, 2019
|
Bought
100 K USD
|
ORTALE BUFORD H
Director
|
+ 5984
|
16.71 USD |
|
5 years ago
Jun 28, 2019
|
Bought
100 K USD
|
McDonough Peter J
Director
|
+ 5984
|
16.71 USD |
|
5 years ago
Jun 28, 2019
|
Bought
100 K USD
|
Tuppeny Elizabeth K.
Director
|
+ 5984
|
16.71 USD |
|
5 years ago
Jun 28, 2019
|
Bought
100 K USD
|
Handwerker Jamie
Director
|
+ 5984
|
16.71 USD |
|
6 years ago
Oct 31, 2018
|
Bought
9.99 K USD
|
Baglien Jerome S.
CFO and Treasurer
|
+ 598
|
16.71 USD |
|
7 years ago
Feb 14, 2018
|
Bought
35 K USD
|
Baglien Jerome S.
CFO and Treasurer
|
+ 2143
|
16.33 USD |
|
7 years ago
Feb 14, 2018
|
Bought
2 M USD
|
Byrne Richard J
Chairman, CEO and President
|
+ 119688
|
16.71 USD |
7. News
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.
seekingalpha.com
- 2 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.
zacks.com
- 2 weeks 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.
zacks.com
- 3 weeks ago
Past Time To Take Gains On These Big Yielders
Past Time To Take Gains On These Big Yielders
seekingalpha.com
- 1 month ago
High Yield REITs Whacked By Higher Rates
High Yield REITs Whacked By Higher Rates
seekingalpha.com
- 1 month 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.
businesswire.com
- 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.
businesswire.com
- 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.
seekingalpha.com
- 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.
247wallst.com
- 3 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.
seekingalpha.com
- 3 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.
seekingalpha.com
- 3 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.
zacks.com
- 3 months ago
8. Profile
Summary
Franklin BSP Realty Trust, Inc. FBRT
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 1.09 B
Dividend Yield
3.39%
Description
Franklin BSP Realty Trust, Inc., a real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt 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 loans, and other loans related to commercial real estate. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Benefit Street Partners Realty Trust, Inc. Franklin BSP Realty Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.
Contact
1345 Avenue of the Americas, New York, NY, 10105
https://www.fbrtreit.com
IPO
Date
Oct. 19, 2021
Employees
None
Officers
Mr. Micah Goodman J.D.
General Counsel & Corporate Secretary
Mr. Benjamin R. Weinberger
Managing Director
Mr. David Elgart
Managing Director
Mr. Brian Nowakowski
Managing Director
Mr. Richard Jan Byrne
Chairman & Chief Executive Officer
Mr. Peter W. Touhill
Managing Director
Mr. Allan Chorny J.D.
Managing Director
Mr. Jerome S. Baglien
Chief Financial Officer, Chief Operating Officer & Treasurer
Ms. Lindsey Crabbe
Director of Investor Relations
Mr. Matthew S. Jacobs
MD & Chief Credit Officer