Analyst Price Target is $15.38
▲ +19.46% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Franklin BSP Realty Trust in the last 3 months. The average price target is $15.38, with a high forecast of $16.00 and a low forecast of $15.00. The average price target represents a 19.46% upside from the last price of $12.87.
Current Consensus is
Buy
The current consensus among 4 polled investment analysts is to buy stock in Franklin BSP Realty Trust. This rating has held steady since August 2023, when it changed from a Moderate Buy consensus rating.
Benefit Street Partners operates as a self-managed real estate investment trust (REIT). BSP earns income from investing in a leveraged portfolio of residential mortgage pass-through securities consisting almost exclusively of adjustable-rate mortgage (ARM) securities issued and guaranteed by government-sponsored enterprises, either Federal National Mortgage Association (Fannie Mae) or Federal Home Loan Mortgage Corporation (Freddie Mac) (together, the government-sponsored enterprises (GSEs)), or by an agency of the federal government, Government National Mortgage Association (Ginnie Mae). BSP's investment strategy focuses on managing a portfolio of residential mortgage investments consisting almost exclusively of ARM Agency Securities. As of December 31, 2012, the Company's securities consisted of Agency Securities classified as available-for-sale and Residential mortgage securities classified as held-to-maturity.
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