JMP Securities Keeps Their Hold Rating on Franklin BSP Realty Trust (FBRT)

In a report released yesterday, Steven Delaney from JMP Securities reiterated a Hold rating on Franklin BSP Realty Trust (FBRTResearch Report). The company’s shares closed yesterday at $14.38.

Delaney covers the Financial sector, focusing on stocks such as Ares Commercial, Lument Finance Trust, and Ready Capital. According to TipRanks, Delaney has an average return of 7.8% and a 52.99% success rate on recommended stocks.

Currently, the analyst consensus on Franklin BSP Realty Trust is a Moderate Buy with an average price target of $16.00.

See Insiders’ Hot Stocks on TipRanks >>

FBRT market cap is currently $1.09B and has a P/E ratio of -5.42.

Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FBRT in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Franklin BSP Realty Trust Inc is a private real estate investment trust that originates, acquires, and manages a diversified portfolio of commercial real estate debt secured by properties located in the United States.

Read More on FBRT:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More