Shares of Franklin BSP Realty Trust, Inc. (NYSE:FBRT – Get Free Report) have been given an average rating of “Hold” by the five research firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $11.50.
Several analysts have issued reports on the company. JonesTrading cut their price target on Franklin BSP Realty Trust from $13.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, February 17th. Citizens Jmp cut their price target on Franklin BSP Realty Trust from $12.00 to $11.00 and set a “market outperform” rating for the company in a report on Thursday, April 16th. Wall Street Zen raised Franklin BSP Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Weiss Ratings lowered Franklin BSP Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Finally, Citigroup reissued an “outperform” rating on shares of Franklin BSP Realty Trust in a report on Thursday, April 16th.
Check Out Our Latest Analysis on FBRT
Hedge Funds Weigh In On Franklin BSP Realty Trust
Franklin BSP Realty Trust Stock Performance
NYSE:FBRT opened at $9.02 on Monday. The stock has a 50-day simple moving average of $8.90 and a two-hundred day simple moving average of $9.65. Franklin BSP Realty Trust has a 52-week low of $8.24 and a 52-week high of $11.84. The company has a debt-to-equity ratio of 3.74, a quick ratio of 90.06 and a current ratio of 90.06. The firm has a market capitalization of $693.90 million, a PE ratio of 17.68 and a beta of 0.94.
Franklin BSP Realty Trust (NYSE:FBRT – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.13). Franklin BSP Realty Trust had a net margin of 24.26% and a return on equity of 6.46%. The company had revenue of $74.38 million for the quarter, compared to the consensus estimate of $73.09 million. Analysts forecast that Franklin BSP Realty Trust will post 0.72 EPS for the current year.
About Franklin BSP Realty Trust
Franklin BSP Realty Trust, Inc (NYSE: FBRT) is a publicly traded real estate investment trust sponsored by an affiliate of Franklin Square Capital Partners. The company focuses on acquiring, owning and managing single-tenant net leased commercial properties across the United States. Its portfolio spans retail, office, industrial and other property types, with leases structured to shift most property‐level responsibilities—such as maintenance, property taxes and insurance—to the tenants.
By concentrating on net lease investments, Franklin BSP Realty Trust aims to generate stable and predictable rental income streams.
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