FBRT Intrinsic Stock Value – Principal Financial Group Sells Shares of Franklin BSP Realty Trust,
November 25, 2023
☀️Trending News
Principal Financial Group Inc. recently sold shares of Franklin ($NYSE:FBRT) BSP Realty Trust, Inc., a real estate investment trust (REIT) that primarily invests in single-tenant, net leased properties. The company has since expanded their portfolio to include over one hundred income-producing real estate investments across twenty-eight states. They utilize a diversified strategy to create value for their shareholders, focusing on long-term leases and quality tenants.
The portfolio is diversified by geography and tenant, with a mix of office, industrial, retail and mixed-use properties. Franklin BSP Realty Trust, Inc. is focused on providing stable risk-adjusted returns to its shareholders by generating attractive yields through its disciplined underwriting and asset management strategies. The company has proven itself to be a reliable source of steady income for many investors.
Share Price
On Friday, shares of Franklin BSP Realty Trust, Inc. (FRANKLIN) opened at $13.0 and closed at $12.9, down by 0.6% from its prior closing price. The majority of the trading activity took place during the day, with the stock dropping steadily throughout the day until it finally closed at its lower price. Analysts believe that the sell-off was due to the company’s weaker-than-expected financial results in recent quarters, which has caused investors to become more cautious about investing in the stock. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for FBRT. More…
| Total Revenues | Net Income | Net Margin |
| 554.36 | 114.17 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for FBRT. More…
| Operations | Investing | Financing |
| 163.34 | 450.03 | -457.27 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for FBRT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.88k | 4.19k | 15.94 |
Key Ratios Snapshot
Some of the financial key ratios for FBRT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 27.8% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – FBRT Intrinsic Stock Value
At GoodWhale, we have conducted a thorough analysis of FRANKLIN BSP REALTY TRUST’s fundamentals and have determined that its intrinsic value is around $16.8. We have developed a proprietary Valuation Line to provide an accurate assessment of the company’s share price. Currently, FRANKLIN BSP REALTY TRUST stock is trading at $12.9, meaning it is undervalued by 23.1%. We believe there is an opportunity for investors to capitalize on this discrepancy and purchase shares in FRANKLIN BSP REALTY TRUST at a discounted price. More…
Peers
Franklin BSP Realty Trust Inc competes against Claros Mortgage Trust Inc, Seven Hills Realty Trust, and Broadmark Realty Capital Inc in the real estate market. All four companies are engaged in providing real estate services to their clients. While each company has its own strengths and weaknesses, the competition among them is intense.
– Claros Mortgage Trust Inc ($NYSE:CMTG)
Claros Mortgage Trust Inc., a real estate investment trust, focuses on originating, acquiring, and managing a portfolio of residential mortgage loans in the United States. The company operates through three segments: Agency Portfolio, Non-Agency Portfolio, and Commercial Portfolio. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Claros Mortgage Trust Inc. was founded in 2019 and is based in New York, New York.
– Seven Hills Realty Trust ($NASDAQ:SEVN)
Seven Hills Realty Trust is a real estate investment trust that focuses on owning and operating income-producing properties in the United States. The company’s portfolio consists of office, retail, and industrial properties. Seven Hills Realty Trust is headquartered in Boston, Massachusetts.
– Broadmark Realty Capital Inc ($NYSE:BRMK)
Broadmark Realty Capital Inc is a real estate investment and finance company that specializes in providing capital for the development and construction of single-family residential properties, including land acquisition, development, and homebuilding. The company’s market cap as of 2022 is 752.03M.
Summary
Franklin BSP Realty Trust, Inc. is a real estate investment trust (REIT) that focuses on owning and operating income-producing retail, office, and industrial real estate properties in the United States. Analysts believe this move should be viewed as a short-term trading opportunity and not as a major long-term investment. Investors should consider current market conditions, the company’s management team and its financials when making any investment decision. Investors should also be aware of any potential catalysts or risks that could affect the company’s stock performance in the near future.
