
FBRT Stock Forecast & Price Target
FBRT Analyst Ratings
Bulls say
Franklin BSP Realty Trust Inc is positioned for growth due to its strategy of calling and releveraging old CLOs, which management anticipates will increase quarterly distributable EPS by $0.04-$0.06 per share. The company's focus on consolidating its operations onto a single platform is expected to enhance both book value and economic asset development (EAD) in the long term, while also facilitating potential upside in valuation reflective of mortgage banking earnings. With management's expectation of resuming origination activities toward the end of the third quarter, supported by a robust pipeline, the company is likely to capitalize on attractive market opportunities and achieve net portfolio growth by year-end.
Bears say
Franklin BSP Realty Trust has experienced a significant decrease in its portfolio's principal balance, dropping by $263 million to a total of $4.5 billion, which may indicate weakening demand or confidence in its loan segments. The focus on multifamily properties in the Southeastern and Southwestern regions, which represent a substantial portion of the portfolio, raises concerns about potential market vulnerabilities and concentration risks. Furthermore, the anticipated higher financing costs compared to industry peers are likely to lead to lower returns for shareholders, further justifying the negative outlook.
This aggregate rating is based on analysts' research of Franklin BSP Realty Trust Inc and is not a guaranteed prediction by Public.com or investment advice.
FBRT Analyst Forecast & Price Prediction
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