B. Riley Has Negative Forecast for FBRT Q1 Earnings

Franklin BSP Realty Trust, Inc. (NYSE:FBRT) – Stock analysts at B. Riley lowered their Q1 2025 earnings per share estimates for shares of Franklin BSP Realty Trust in a report issued on Monday, April 21st. B. Riley analyst R. Binner now expects that the company will earn $0.27 per share for the quarter, down from their previous forecast of $0.35. B. Riley currently has a “Strong-Buy” rating on the stock. The consensus estimate for Franklin BSP Realty Trust’s current full-year earnings is $1.41 per share. B. Riley also issued estimates for Franklin BSP Realty Trust’s Q2 2025 earnings at $0.30 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.34 EPS, FY2025 earnings at $1.24 EPS and FY2026 earnings at $1.39 EPS.

Other equities research analysts also recently issued reports about the company. Citigroup reaffirmed an “outperform” rating on shares of Franklin BSP Realty Trust in a research report on Wednesday, March 12th. Jones Trading reiterated a “buy” rating and issued a $15.00 price objective on shares of Franklin BSP Realty Trust in a research report on Tuesday, March 11th. Five investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Franklin BSP Realty Trust has a consensus rating of “Buy” and a consensus price target of $15.50.

Franklin BSP Realty Trust Stock Down 0.3 %

NYSE:FBRT opened at $11.47 on Wednesday. The company has a debt-to-equity ratio of 3.42, a current ratio of 84.89 and a quick ratio of 90.45. The company’s fifty day moving average price is $12.51 and its 200-day moving average price is $12.72. Franklin BSP Realty Trust has a 1-year low of $10.50 and a 1-year high of $14.12. The firm has a market capitalization of $959.32 million, a P/E ratio of 13.82 and a beta of 1.14.

Franklin BSP Realty Trust (NYSE:FBRT) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.01. Franklin BSP Realty Trust had a net margin of 45.56% and a return on equity of 8.17%. The company had revenue of $55.95 million for the quarter, compared to the consensus estimate of $49.28 million.

Franklin BSP Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Monday, March 31st were issued a $0.355 dividend. This represents a $1.42 annualized dividend and a yield of 12.38%. The ex-dividend date was Monday, March 31st. Franklin BSP Realty Trust’s payout ratio is 171.08%.

Institutional Trading of Franklin BSP Realty Trust

Large investors have recently bought and sold shares of the business. Gratia Capital LLC grew its holdings in shares of Franklin BSP Realty Trust by 110.0% in the fourth quarter. Gratia Capital LLC now owns 622,622 shares of the company’s stock valued at $7,808,000 after purchasing an additional 326,122 shares during the period. GraniteShares Advisors LLC acquired a new stake in shares of Franklin BSP Realty Trust during the 4th quarter worth approximately $2,475,000. Strong Tower Advisory Services raised its position in shares of Franklin BSP Realty Trust by 16.3% during the 1st quarter. Strong Tower Advisory Services now owns 1,345,488 shares of the company’s stock valued at $17,142,000 after buying an additional 188,377 shares during the period. Balyasny Asset Management L.P. lifted its holdings in Franklin BSP Realty Trust by 84.5% in the fourth quarter. Balyasny Asset Management L.P. now owns 362,451 shares of the company’s stock valued at $4,545,000 after acquiring an additional 165,981 shares during the last quarter. Finally, Northern Trust Corp grew its position in Franklin BSP Realty Trust by 17.5% in the fourth quarter. Northern Trust Corp now owns 958,564 shares of the company’s stock worth $12,020,000 after acquiring an additional 142,437 shares during the period. Hedge funds and other institutional investors own 59.87% of the company’s stock.

About Franklin BSP Realty Trust

Benefit Street Partners operates as a self-managed real estate investment trust (REIT). BSP earns income from investing in a leveraged portfolio of residential mortgage pass-through securities consisting almost exclusively of adjustable-rate mortgage (ARM) securities issued and guaranteed by government-sponsored enterprises, either Federal National Mortgage Association (Fannie Mae) or Federal Home Loan Mortgage Corporation (Freddie Mac) (together, the government-sponsored enterprises (GSEs)), or by an agency of the federal government, Government National Mortgage Association (Ginnie Mae).