Franklin BSP Realty Trust Inc. (FBRT) Stock: A Closer Look

Franklin BSP Realty Trust Inc. [FBRT] stock prices are up 1.94% to $13.63 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FBRT shares have gain 5.33% over the last week, with a monthly amount glided 6.73%, and seem to be holding up well over a long-time horizon.

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On 18, March 2024, Franklin BSP Realty Trust, Inc. Announces First Quarter 2024 Common Stock Dividend of $0.355 Per Share and Series E Cumulative Redeemable Preferred Stock Dividend of $0.46875 Per Share. In a post published today on Yahoo Finance, Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced its Board of Directors has declared a first quarter 2024 dividend of $0.355 per common share. The dividend is payable on or about April 10, 2024 to common stockholders of record as of March 29, 2024. The Board of Directors also declared a first quarter 2024 dividend on its convertible Series H Preferred Stock in an amount equal to the as-converted common dividend amount.

From an analyst’s perspective:

Franklin BSP Realty Trust Inc. [NYSE: FBRT] stock has seen the most recent analyst activity on January 10, 2024, when JMP Securities upgraded its rating to a Mkt Outperform but kept the price target unchanged to $15 for it. Previously, BTIG Research started tracking the stock with Buy rating on April 25, 2023, and set its price target to $13.50. On April 04, 2023, Raymond James initiated with a Outperform rating and assigned a price target of $13.50 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $16 on September 28, 2022. JMP Securities downgraded its rating to a Mkt Perform.

The stock price of Franklin BSP Realty Trust Inc. [FBRT] has been fluctuating between $11.08 and $14.70 over the past year. Franklin BSP Realty Trust Inc. [NYSE: FBRT] shares were valued at $13.63 at the most recent close of the market.

Analyzing the FBRT fundamentals

The Franklin BSP Realty Trust Inc. [NYSE:FBRT] reported sales of 567.27M for trailing twelve months, representing a surge of 19.41%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.54.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.51 points at the first support level, and at 13.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.75, and for the 2nd resistance point, it is at 13.87.

Franklin BSP Realty Trust Inc. [FBRT] reported earnings per share of $0.39 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.4/share, meaning a difference of -$0.01 and a surprise factor of -2.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.43 per share as compared to estimates of $0.4 per share, a difference of $0.03 representing a surprise of 7.50%.