Franklin BSP Realty Trust (NYSE:FBRT) Sets New 12-Month Low - Here's Why

Shares of Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $9.65 and last traded at $9.8050, with a volume of 63942 shares. The stock had previously closed at $9.74.Wall Street Analyst Weigh InBest Stocks Under $15? 3 Low-Priced Picks With UpsideSeparately, Weiss Ratings reiterated a "hold (c-)" rating on shares of Franklin BSP Realty Trust in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $14.00.Check Out Our Latest Research Report on Franklin BSP Realty TrustFranklin BSP Realty Trust Stock Performance5 Highest-Rated Dividend Stocks According to MarketBeatThe stock has a fifty day simple moving average of $10.27 and a 200-day simple moving average of $10.72. The stock has a market cap of $801.00 million, a P/E ratio of 12.27 and a beta of 0.99. The company has a quick ratio of 67.81, a current ratio of 67.81 and a debt-to-equity ratio of 3.32. Franklin BSP Realty Trust Dividend AnnouncementThe firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 12th. Investors of record on Wednesday, December 31st will be paid a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a yield of 14.5%. The ex-dividend date of this dividend is Wednesday, December 31st. Franklin BSP Realty Trust's dividend payout ratio (DPR) is presently 177.50%. Institutional Investors Weigh In On Franklin BSP Realty Trust3 Small-Cap Stocks Ready to Deliver Significant GrowthHedge funds have recently modified their holdings of the business. Geode Capital Management LLC increased its stake in Franklin BSP Realty Trust by 0.6% during the 2nd quarter. Geode Capital Management LLC now owns 2,001,039 shares of the company's stock worth $21,394,000 after purchasing an additional 12,252 shares in the last quarter. Strong Tower Advisory Services lifted its position in Franklin BSP Realty Trust by 2.4% in the 3rd quarter. Strong Tower Advisory Services now owns 1,442,728 shares of the company's stock valued at $15,668,000 after acquiring an additional 34,102 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Franklin BSP Realty Trust by 7.3% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,042,207 shares of the company's stock worth $11,318,000 after purchasing an additional 70,645 shares during the period. UBS Group AG increased its holdings in Franklin BSP Realty Trust by 24.0% during the 3rd quarter. UBS Group AG now owns 873,047 shares of the company's stock worth $9,481,000 after purchasing an additional 168,993 shares in the last quarter. Finally, Gratia Capital LLC raised its stake in shares of Franklin BSP Realty Trust by 42.1% in the 2nd quarter. Gratia Capital LLC now owns 817,837 shares of the company's stock valued at $8,743,000 after purchasing an additional 242,395 shares during the period. Institutional investors and hedge funds own 59.87% of the company's stock. About Franklin BSP Realty Trust (Get Free Report)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.See AlsoFive stocks we like better than Franklin BSP Realty TrustA month before the crashDo not delete, read immediatelyHow a Family Trust May Be Able To Help Preserve Your WealthNEW LAW: Congress Approves Setup For Digital Dollar?YDES Could Be 2026's Biotech BreakthroughThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Franklin BSP Realty Trust Right Now?Before you consider Franklin BSP Realty Trust, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Franklin BSP Realty Trust wasn't on the list.While Franklin BSP Realty Trust currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here