Franklin BSP Realty Trust (FBRT) Stock

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.

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) today announced that it will release its third quarter 2024 results on Monday, November 4, 2024, 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, November 5, 2024, at 9:00 a.m. ET. All conference call and webcast information can be found on the Company's website at https://www.fbrtreit.com. Participants are.

Franklin BSP Realty Trust's profitability is better represented by core profitability than GAAP net income, with recent market valuation becoming more optimistic. Returns on invested capital have declined, but management has historically created value despite economic losses in 2022. Free cash flow generation has been poor, but the firm is currently undervalued, with a margin of safety for investors to consider investing.

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Franklin BSP (FBRT) came out with quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.66 per share a year ago.

Franklin BSP Realty Trust is undervalued at 7.7x FWD earnings and .81x book value, with a strong focus on multi-family loans. The company's portfolio is well-diversified with mainly floating rate loans, high coupons, and low duration, providing resilience to interest rate changes. Earnings continue to grow steadily, with a strong liquidity position enabling the company to originate loans and potentially increase book value 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 second quarter 2024 dividend of $0.355 per common share. The dividend is payable on or about July 10, 2024 to common stockholders of record as of June 28, 2024. The Board of Directors also declared a second quarter 2024 dividend on its convertible Series H Preferred Stock in an amount equal to the as-converted common dividend amount. FBRT's Boar.

Franklin BSP (FBRT) reported earnings of $0.41 per share for the quarter, falling short of the Zacks Consensus Estimate of $0.42 per share. This is lower than the $0.44 per share earnings reported in the same quarter last year.

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its first quarter 2024 results on Monday, April 29, 2024, 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 30, 2024, at 9:00 a.m. ET. All conference call and webcast information can be found on the Company's website at https://www.fbrtreit.