Franklin BSP Realty Trust Inc (NYSE: FBRT)’s stock price has gone decline by -0.88 in comparison to its previous close of 12.44, however, the company has experienced a -1.67% decrease in its stock price over the last five trading days. businesswire.com reported 2024-12-16 that NEW YORK–(BUSINESS WIRE)–Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced its Board of Directors has declared a fourth quarter 2024 dividend of $0.355 per common share. The dividend is payable on or about January 10, 2025, to common stockholders of record as of December 31, 2024. The Board of Directors also declared a fourth quarter 2024 dividend on its convertible Series H Preferred Stock in an amount equal to the as-converted common dividend amount. FBR.
Is It Worth Investing in Franklin BSP Realty Trust Inc (NYSE: FBRT) Right Now?
Franklin BSP Realty Trust Inc (NYSE: FBRT) has a price-to-earnings ratio of 15.09x that is above its average ratio. Additionally, the 36-month beta value for FBRT is 1.49. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for FBRT is 81.23M and currently, short sellers hold a 2.11% ratio of that float. The average trading volume of FBRT on January 09, 2025 was 353.64K shares.
FBRT’s Market Performance
FBRT stock saw a decrease of -1.67% in the past week, with a monthly decline of -5.01% and a quarterly a decrease of -1.99%. The volatility ratio for the week is 1.76%, and the volatility levels for the last 30 days are 2.02% for Franklin BSP Realty Trust Inc (FBRT). The simple moving average for the past 20 days is -3.18% for FBRT’s stock, with a -4.61% simple moving average for the past 200 days.
Analysts’ Opinion of FBRT
Many brokerage firms have already submitted their reports for FBRT stocks, with Janney repeating the rating for FBRT by listing it as a “Buy.” The predicted price for FBRT in the upcoming period, according to Janney is $16 based on the research report published on December 12, 2024 of the previous year 2024.
BTIG Research, on the other hand, stated in their research note that they expect to see FBRT reach a price target of $16. The rating they have provided for FBRT stocks is “Buy” according to the report published on July 19th, 2024.
Raymond James gave a rating of “Strong Buy” to FBRT, setting the target price at $15 in the report published on April 12th of the previous year.
FBRT Trading at -4.47% from the 50-Day Moving Average
After a stumble in the market that brought FBRT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.65% of loss for the given period.
Volatility was left at 2.02%, however, over the last 30 days, the volatility rate increased by 1.76%, as shares sank -5.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.64% lower at present.
During the last 5 trading sessions, FBRT fell by -1.67%, which changed the moving average for the period of 200-days by -8.12% in comparison to the 20-day moving average, which settled at $12.73. In addition, Franklin BSP Realty Trust Inc saw -1.67% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for FBRT
Current profitability levels for the company are sitting at:
- 0.7 for the present operating margin
- 0.78 for the gross margin
The net margin for Franklin BSP Realty Trust Inc stands at 0.17. The total capital return value is set at 0.06. Equity return is now at value 5.77, with 1.54 for asset returns.
Based on Franklin BSP Realty Trust Inc (FBRT), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 3.06. The interest coverage ratio of the stock is 1.14.
Currently, EBITDA for the company is 163.18 million with net debt to EBITDA at 16.17. When we switch over and look at the enterprise to sales, we see a ratio of 9.63. The receivables turnover for the company is 14.68for trailing twelve months and the total asset turnover is 0.09.
Conclusion
In conclusion, Franklin BSP Realty Trust Inc (FBRT) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
