Real Estate -
REIT - Mortgage - NYSE - US
$ 11.08
-2.2 %
$ 927 M
Market Cap
16.57
P/E
1. INTRINSIC VALUE
Balance Sheet
Franklin BSP Realty Trust, Inc.
| Current Assets | 430 M |
| Cash & Short-Term Investments | 387 M |
| Receivables | 200 M |
| Other Current Assets | -158 M |
| Non-Current Assets | 610 M |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 610 M |
| Current Liabilities | 316 M |
| Accounts Payable | 14.4 M |
| Short-Term Debt | 237 M |
| Other Current Liabilities | 64.5 M |
| Non-Current Liabilities | 4.17 B |
| Long-Term Debt | 4.08 B |
| Other Non-Current Liabilities | 90.5 M |
EFFICIENCY
Earnings Waterfall
Franklin BSP Realty Trust, Inc.
| Revenue | 549 M |
| Cost Of Revenue | 338 M |
| Gross Profit | 210 M |
| Operating Expenses | 14.5 M |
| Operating Income | 406 M |
| Other Expenses | 314 M |
| Net Income | 92.4 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Franklin BSP Realty Trust, Inc.
| Net Income | 92.4 M |
| Depreciation & Amortization | 5.63 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 8.17 M |
| Change in Working Capital | 2.64 M |
| Others | -62.2 M |
| Free Cash Flow | 57.2 M |
Wall Street Analysts Price Targets
Franklin BSP Realty Trust, Inc.
Wall Street analysts predict an average 1-year price target for FBRT of $15.5 , with forecasts ranging from
a
low of
$15 to a high of $16 .
FBRT Lowest Price Target
Wall Street Target
15 USD
35.38%
FBRT Average Price Target
Wall Street Target
15.5 USD
39.89%
FBRT Highest Price Target
Wall Street Target
16 USD
44.40%
4. DIVIDEND
ANALYSIS
2.79%
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
7. News
Franklin BSP Realty Trust, Inc. (FBRT) Q1 2025 Earnings Call Transcript
Franklin BSP Realty Trust, Inc. (NYSE:FBRT ) Q1 2025 Earnings Conference Call April 29, 2025 9:00 AM ET Company Participants Lindsey Crabbe - Investor Relations Richard Byrne - CEO and Chairman Jerome Baglien - Chief Financial Officer and Chief Operating Officer Michael Comparato - President Conference Call Participants Matthew Erdner - Jones Randy Binner - B. Riley Securities Tom Catherwood - BTIG Steve Delaney - Citizens JMP Securities Jason Stewart - Janney Montgomery Scott Operator Good day, and welcome to Franklin BSP Realty Trust First Quarter 2025 Earnings Conference Call.
seekingalpha.com
- 2 weeks ago
Franklin BSP (FBRT) Q1 Earnings Top Estimates
Franklin BSP (FBRT) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.41 per share a year ago.
zacks.com
- 3 weeks ago
Franklin BSP Realty Trust, Inc. Announces First Quarter 2025 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, 2025. Reported GAAP net income of $23.7 million for the three months ended March 31, 2025, compared to $30.2 million for the three months ended December 31, 2024. Reported diluted earnings per share ("EPS") to common stockholders of $0.20 for the three months ended March 31, 2025, compared to $0.29 for the three months ended December.
businesswire.com
- 3 weeks ago
Focusing On Lower Risk Shares (And Updated Charts For High-Yield Stocks)
Market volatility has increased, making it challenging to predict future Treasury rates and impacting the frequency of my article publications. Price-to-book ratios reveal bargains. Preferred shares offer lower risk and high yields; recent trades in DX-C and EFC-B have been profitable.
seekingalpha.com
- 4 weeks ago
5 Highest-Rated Dividend Stocks According to MarketBeat
MarketBeat has many tools, including the Top Rated Dividend Stocks screener. It ranks the top-100 dividend-paying stocks according to analysts' sentiment, giving a 4.00 to those with 100% Buy ratings and a 1.00 to those with 100% Sell ratings.
marketbeat.com
- 1 month ago
Franklin BSP Realty Trust, Inc. Schedules First Quarter 2025 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 2025 results on Monday, April 28, 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 Tuesday, April 29, 2025, at 9:00 a.m. ET. All conference call and webcast information can be found on the Company's website at https://www.fbrtreit.
businesswire.com
- 1 month ago
Franklin BSP Realty Trust Preferred: Attractive Income For Yield Investors
Franklin BSP Realty Trust's preferred shares offer a lower risk and attractive yield of 8.73%, making them more appealing than common shares. The company's multifamily lending focus supports solid earnings growth and dividend coverage, supported by high-quality loans with low LTVs and short maturities. The recent acquisition of NewPoint enhances FBRT's multifamily lending capabilities, adding valuable assets and a steady income stream.
seekingalpha.com
- 1 month ago
15% Yields Want To Mug Your Dividends
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector.
seekingalpha.com
- 2 months ago
Franklin BSP Realty Trust, Inc. Announces First Quarter 2025 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 declared a first quarter 2025 dividend of $0.355 per common share. The dividend is payable on or about April 10, 2025, to common stockholders of record as of March 31, 2025. The Board of Directors also declared a first quarter 2025 dividend on its convertible Series H Preferred Stock in an amount equal to the as-converted common dividend amount. FBRT's Board o.
businesswire.com
- 2 months 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.
businesswire.com
- 2 months 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.
seekingalpha.com
- 3 months 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
- 3 months ago
8. Profile
Summary
Franklin BSP Realty Trust, Inc. FBRT
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 927 M
Dividend Yield
2.79%
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. Matthew S. Jacobs
MD & Chief Credit Officer
Mr. David Henschke
MD & Head of Capital Markets
Mr. Richard Jan Byrne
Chairman & Chief Executive Officer
Ms. Lindsey Crabbe
Director of Investor Relations
Ms. Tanya Mollova
Head of Asset Management
Mr. Brian Buffone
MD & Head of Real Estate Operations
Mr. Micah Goodman J.D.
Corporate Secretary, MD, General Counsel & Chief Administrative Officer
Mr. Jerome S. Baglien
Chief Financial Officer, Chief Operating Officer & Treasurer
Mr. Michael Comparato
President
Mr. Peter M. Budko
Secretary