Franklin BSP Realty Trust (FBRT) News Today

Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Get Free Report) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totalling 2,290,000 shares, a decrease of 14.6% from the July 15th total of 2,680,000 shares. Currently, 2.8% of the shares of the company are sold short. Based on an average daily trading volume, of 338,200 shares, the short-interest ratio is presently 6.8 days.

Cetera Investment Advisers lifted its stake in shares of Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Free Report) by 115.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 131,616 shares of the comp

Cetera Advisors LLC grew its holdings in Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Free Report) by 181.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 92,432 shares of the company's stock after purchasing an additional 59,586 shares

Vanguard Group Inc. boosted its stake in shares of Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Free Report) by 0.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 8,973,474 shares of the company's stock after buying an additional 48,171 shares during t

Franklin BSP Realty Trust (NYSE:FBRT) Trading Down 7.2%

Gabelli Funds LLC boosted its position in Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Free Report) by 54.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 130,000 shares of the company's stock after purchasing an additional 45,901 shares dur

1832 Asset Management L.P. purchased a new stake in shares of Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 450,000 shares of the company's st

Mirae Asset Global Investments Co. Ltd. trimmed its holdings in shares of Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Free Report) by 93.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,251

BTIG Research restated a "buy" rating and issued a $16.00 price target on shares of Franklin BSP Realty Trust in a research report on Friday.

JMP Securities restated a "market outperform" rating and issued a $15.00 price objective on shares of Franklin BSP Realty Trust in a research note on Thursday.

Franklin BSP Realty Trust, Inc. (NYSE:FBRT) announced a quarterly dividend on Monday, June 17th. Stockholders of record on Friday, June 28th will be paid a dividend of 0.355 per share on Wednesday, July 10th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.88%. The ex-dividend date of this dividend is Friday, June 28th.

Franklin BSP Realty Trust (NYSE:FBRT - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.01). Franklin BSP Realty Trust had a net margin of 53.82% and a return on equity of 14.30%. The business had revenue of $53.95 million during the quarter, compared to analyst estimates of $54.64 million. During the same quarter last year, the business earned $0.44 earnings per share.

BTIG Research lowered their price objective on shares of Franklin BSP Realty Trust from $15.00 to $14.00 and set a "buy" rating for the company in a report on Wednesday.

Raymond James upgraded Franklin BSP Realty Trust from an "outperform" rating to a "strong-buy" rating and set a $15.00 price target for the company in a report on Friday.

Franklin BSP Realty Trust (NYSE:FBRT) Shares Gap Down to $12.92

Franklin BSP Realty Trust (NYSE:FBRT) Sees Strong Trading Volume

Franklin BSP Realty Trust, Inc. (NYSE:FBRT) announced a quarterly dividend on Monday, March 18th. Investors of record on Friday, March 29th will be given a dividend of 0.355 per share on Wednesday, April 10th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.87%. The ex-dividend date is Wednesday, March 27th.

Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Get Free Report) was the recipient of a large growth in short interest in the month of February. As of February 29th, there was short interest totalling 2,830,000 shares, a growth of 6.0% from the February 14th total of 2,670,000 shares. Approximately 3.5% of the company's stock are short sold. Based on an average daily volume of 340,000 shares, the days-to-cover ratio is currently 8.3 days.

Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Free Report) - Equities researchers at B. Riley reduced their FY2024 earnings per share (EPS) estimates for Franklin BSP Realty Trust in a research note issued on Tuesday, March 5th. B. Riley analyst M. Howlett now anticipates that the company will pos

Jonestrading decreased their price objective on shares of Franklin BSP Realty Trust from $16.00 to $15.00 and set a "buy" rating for the company in a report on Friday.