Currently, there are 82.87M common shares owned by the public and among those 82.24M shares have been available to trade.
The company’s stock has a 5-day price change of -5.81% and -17.48% over the past three months. FBRT shares are trading -13.40% year to date (YTD), with the 12-month market performance down to -16.91% lower. It has a 12-month low price of $10.50 and touched a high of $14.11 over the same period. FBRT has an average intraday trading volume of 500.10K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.97%, -8.08%, and -14.25% respectively.
Institutional ownership of Franklin BSP Realty Trust Inc (NYSE: FBRT) shares accounts for 63.16% of the company’s 82.87M shares outstanding.
It has a market capitalization of $908.30M and a beta (3y monthly) value of 1.17. The stock’s trailing 12-month PE ratio is 16.23, while the earnings-per-share (ttm) stands at $0.67. The company has a debt-to-equity ratio at 2.50. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.30% over the week and 1.44% over the month.
Earnings per share for the fiscal year are expected to increase by 6.96%, and 39.63% over the next financial year.
Looking at the support for the FBRT, a number of firms have released research notes about the stock. Janney stated their Buy rating for the stock in a research note on December 12, 2024, with the firm’s price target at $16. BTIG Research coverage for the Franklin BSP Realty Trust Inc (FBRT) stock in a research note released on July 19, 2024 offered a Buy rating with a price target of $16. Raymond James was of a view on April 12, 2024 that the stock is Strong Buy, while JMP Securities gave the stock Mkt Outperform rating on January 10, 2024, issuing a price target of $15. BTIG Research on their part issued Buy rating on April 25, 2023.
