As of close of business last night, Franklin BSP Realty Trust Inc.’s stock clocked out at $12.09, down -4.80% from its previous closing price of $12.70. In other words, the price has decreased by -$0.61 from its previous closing price. On the day, 608150 shares were traded.
Ratios:
To gain a deeper understanding of FBRT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.03. In the meantime, Its Debt-to-Equity ratio is 2.54 whereas as Long-Term Debt/Eq ratio is at 2.38.
On April 25, 2023, BTIG Research started tracking the stock assigning a Buy rating and target price of $13.50.
On April 04, 2023, Raymond James started tracking the stock assigning a Outperform rating and target price of $13.50.Raymond James initiated its Outperform rating on April 04, 2023, with a $13.50 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 12 ’23 when ORTALE BUFORD H bought 2,000 shares for $18.40 per share. The transaction valued at 36,800 led to the insider holds 7,900 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FBRT now has a Market Capitalization of 1.04B and an Enterprise Value of 5.15B. As of this moment, Franklin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.54, and their Forward P/E ratio for the next fiscal year is 7.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 9.04 whereas that against EBITDA is 31.54.
Stock Price History:
Over the past 52 weeks, FBRT has reached a high of $14.70, while it has fallen to a 52-week low of $11.73. The 50-Day Moving Average of the stock is 12.89, while the 200-Day Moving Average is calculated to be 13.39.
Shares Statistics:
It appears that FBRT traded 350.98K shares on average per day over the past three months and 399.15k shares per day over the past ten days. A total of 82.75M shares are outstanding, with a floating share count of 81.02M. Insiders hold about 1.35% of the company’s shares, while institutions hold 61.83% stake in the company. Shares short for FBRT as of Mar 15, 2024 were 2.83M with a Short Ratio of 7.91, compared to 2.67M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.45% and a Short% of Float of 4.87%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.42, FBRT has a forward annual dividend rate of 1.42. Against a Trailing Annual Dividend Yield of 11.18%, it implies a Forward Annual Dividend Yield of 10.79%.
Earnings Estimates
As of right now, 4 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.4 for the current quarter, with a high estimate of $0.42 and a low estimate of $0.36, while EPS last year was $0.42. The consensus estimate for the next quarter is $0.4, with high estimates of $0.43 and low estimates of $0.37.
Analysts are recommending an EPS of between $1.7 and $1.47 for the fiscal current year, implying an average EPS of $1.59. EPS for the following year is $1.69, with 3 analysts recommending between $1.75 and $1.63.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $56.32M. It ranges from a high estimate of $59.7M to a low estimate of $52.06M. As of the current estimate, Franklin BSP Realty Trust Inc.’s year-ago sales were $62.77M, an estimated decrease of -10.30% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $57.09M, a decrease of -32.10% less than the figure of -$10.30% in the same quarter last year. There is a high estimate of $60.85M for the next quarter, whereas the lowest estimate is $52.21M.
A total of 3 analysts have provided revenue estimates for FBRT’s current fiscal year. The highest revenue estimate was $243.34M, while the lowest revenue estimate was $209.71M, resulting in an average revenue estimate of $227.75M. In the same quarter a year ago, actual revenue was $263.95M, down -13.70% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $233.84M in the next fiscal year. The high estimate is $257.31M and the low estimate is $219.12M. The average revenue growth estimate for next year is up 2.70% from the average revenue estimate for this year.
