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Franklin BSP Realty TrustNYSE: FBRT

Profile

Industry:

Mortgage

Country:

United States

IPO:

19 October 2021

Next earnings report:

01 August 2024

Last dividends:

28 June 2024

Next dividends:

N/A
$1.05 B
-21%vs. 3y high
47%vs. sector
-55%vs. 3y high
14%vs. sector
-58%vs. 3y high
33%vs. sector
-64%vs. 3y high
30%vs. sector

Price

after hours | Fri, 28 Jun 2024 23:39:01 GMT
$12.78-$0.20(-1.54%)
$135.27 M$55.04 M
$135.27 M$35.92 M

Analysts recommendations

Institutional Ownership

FBRT Latest News

Franklin BSP Realty Trust, Inc. Announces Second Quarter 2024 Common Stock Dividend of $0.355 Per Share and Series E Cumulative Redeemable Preferred Stock Dividend of $0.46875 Per Share
businesswire.com17 June 2024 Sentiment: -

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) Misses Q1 Earnings and Revenue Estimates
Zacks Investment Research29 April 2024 Sentiment: NEGATIVE

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.

Franklin BSP Realty Trust, Inc. Schedules First Quarter 2024 Earnings Release and Conference Call
Business Wire04 April 2024 Sentiment: POSITIVE

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.

Franklin BSP Realty: 10.8% Dividend Yield But Coverage Slipped
Seeking Alpha19 February 2024 Sentiment: POSITIVE

Franklin BSP Realty has dropped to trade at an 18% discount to its book value per share of $15.77 at the end of its fiscal 2023 fourth quarter. The company currently offers a 10.8% dividend yield that is 110% covered by distributable EPS. Credit quality remains healthy with six assets placed on watchlist during the fourth quarter.

Franklin BSP (FBRT) Q4 Earnings and Revenues Lag Estimates
Zacks Investment Research14 February 2024 Sentiment: NEGATIVE

Franklin BSP (FBRT) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.37 per share a year ago.

Franklin BSP Realty Trust, Inc. Schedules Fourth Quarter 2023 Earnings Release and Conference Call
Business Wire10 January 2024 Sentiment: POSITIVE

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its fourth quarter 2023 results on Wednesday, February 14, 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 Thursday, February 15, 2024, at 9:00 a.m. ET. All conference call and webcast information can be found on the Company's website at https://ww.

Franklin BSP (FBRT) Surpasses Q3 Earnings and Revenue Estimates
Zacks Investment Research30 October 2023 Sentiment: POSITIVE

Franklin BSP (FBRT) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.33 per share a year ago.

Franklin BSP Realty Is Benefiting From Higher Short-Term Interest Rates
Seeking Alpha20 September 2023 Sentiment: POSITIVE

Franklin BSP Realty Trust is a REIT that manages a diversified portfolio of commercial real estate debt investments. FBRT has a well-diversified portfolio of senior floating rate loans, a conservative balance sheet, and strong sponsorship and management. The fund has seen growth in distributable earnings and has a history of steady quarterly distributions.

Franklin BSP (FBRT) Beats Q2 Earnings and Revenue Estimates
Zacks Investment Research31 July 2023 Sentiment: POSITIVE

Franklin BSP (FBRT) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.29 per share a year ago.

Franklin BSP Realty: Commercial Mortgage Loans For A 10% Yield
Seeking Alpha15 June 2023 Sentiment: POSITIVE

Franklin BSP is paying out a 10% dividend yield that's fully covered by earnings available for distribution. The mREIT's portfolio is heavy on floating rate multifamily housing loans. Common shares are currently swapping hands at a 10% discount to book, with the preferreds offering a steeper 21% discount to par value.

What type of business is Franklin BSP Realty Trust?

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.

What sector is Franklin BSP Realty Trust in?

Franklin BSP Realty Trust is in the Real Estate sector

What industry is Franklin BSP Realty Trust in?

Franklin BSP Realty Trust is in the Mortgage industry

What country is Franklin BSP Realty Trust from?

Franklin BSP Realty Trust is headquartered in United States

When did Franklin BSP Realty Trust go public?

Franklin BSP Realty Trust initial public offering (IPO) was on 19 October 2021

What is Franklin BSP Realty Trust website?

https://www.fbrtreit.com

Is Franklin BSP Realty Trust in the S&P 500?

No, Franklin BSP Realty Trust is not included in the S&P 500 index

Is Franklin BSP Realty Trust in the NASDAQ 100?

No, Franklin BSP Realty Trust is not included in the NASDAQ 100 index

Is Franklin BSP Realty Trust in the Dow Jones?

No, Franklin BSP Realty Trust is not included in the Dow Jones index

When does Franklin BSP Realty Trust report earnings?

The next expected earnings date for Franklin BSP Realty Trust is 01 August 2024