Franklin BSP Realty Trust, Inc. FBRT

6.97 (0.33) (4.52%) as of 25 Sep
Market cap
$606.2M
P/E
15.8×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.29
Total sells 0.01
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — 1 1 — — — — — —
Sell — 1 — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 606.23
Revenue 305.37
Net Income 64.56
Free Cash Flow 179.00
Net Debt 4,010.52
Current Ratio 96.80
Debt/Equity 2.85
P/E ratio 15.84
P/S ratio 1.74
P/B ratio 0.44
Past 5Y EPS Growth (11.65%)
This Y EPS Growth 71.84%
Next Y EPS Growth 33.49%
Next 5Y EPS Growth 17.70%
in millions of $

Dividends

Payout Ratio 0.83
Annual Dividend Rate 1.42
Annual Dividend Yield 11.55%
total individual payouts
2027 Powerpack
2026 0.91
0.20
0.20
0.20
2025 1.67
0.36
0.36
0.36
0.36
2024 1.42
0.36
0.36
0.36
0.36
2023 1.42
0.36
0.36
0.36
0.36
2022 1.42
0.36
0.36
0.36
0.36
2021 0.29
0.29
2020 Powerpack
2019 Powerpack
2018 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 344 197 185 155
Receivables 98 200 92 114
Inventory — — — —
Other — — — —
5,431 5,393 5,233 5,002
2023 2024 2025 Q'26
Payables 13 4 19 15
ST’ Debt — — — —
Other — — — —
65 53 74 52
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 2.24% 18.09% 9.30%
Cash Flow 1.80% 20.41% 24.16%
Earnings (5.09%) 6.78% 0.00%
Book Value 1.67% 13.91% (1.00%)

Revenue

Mar Jun Sep Dec Year
’26 74 65 — — —
’25 55 49 90 76 270
’24 54 51 54 64 223
’23 63 84 62 60 269
’22 55 40 50 62 207
’21 32 37 37 60 165
’20 70 48 30 (30) 118
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (54) 48 — — —
’25 116 12 (148) 312 292
’24 13 2 97 (55) 57
’23 33 45 63 56 197
’22 (32) 8 155 22 153
’21 4 50 109 (17) 146
’20 39 42 114 (80) 115
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (52) 52 — — —
’25 144 27 (143) 322 351
’24 55 9 158 (131) 91
’23 13 87 80 56 236
’22 (30) 8 155 23 154
’21 4 61 (6) (16) 43
’20 39 42 127 (73) 135
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.07 0.12 — — —
’25 0.20 0.19 0.12 0.13 0.64
’24 0.35 (0.11) 0.30 0.29 0.82
’23 0.44 0.39 0.30 0.28 1.42
’22 (0.99) (0.43) 0.34 0.25 (0.38)
’21 0.15 0.11 0.67 (2.31) (0.18)
’20 (6.56) 0.19 0.25 0.19 (1.56)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 10.60 10.34 11.08 11.99 9.71

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 17.74 16.20 14.92 14.12 13.58
High Price
14 13 15 14 15 — — — — 223
Employees
15 18 18 8 8 0 0 0 0 1
Revenue/Emp
213 233 276 108 118 165 207 269 223 270
Revenue
100.00% 100.00% 100.00% 82.39% 83.99% 83.01% 87.35% 87.40% 88.38% 90.93%
Gross Margin
83 80 50 88 53 29 14 142 94 88
EBT
38.85% 34.10% 18.11% 81.82% 44.79% 17.71% 6.68% 52.75% 41.87% 32.57%
EBT Margin
83 80 50 84 55 26 14 145 92 84
Net Income
132 130 117 1 (1) (11) (10) (4) 2 8
Depreciation
6.78 7.42 9.23 2.58 2.65 3.81 2.89 3.26 2.73 3.30
Revenue/Sh
0.70 0.65 0.34 (0.62) (1.56) (0.18) (0.38) 1.42 0.82 0.65
Earnings/Sh
6.84 6.74 5.51 1.08 2.60 3.37 2.13 2.40 0.70 3.56
Cash Flow/Sh
0.00 0.00 0.00 (1.00) 0.44 (2.39) 0.02 0.47 0.42 0.72
Capex/Sh
6.84 6.74 5.51 0.08 3.04 0.99 2.15 2.87 1.12 4.29
Free CF/Sh
39.67 39.36 35.35 25.65 17.99 39.42 22.04 19.27 18.57 18.68
Book Value/Sh
31 31 30 42 44 43 72 82 82 82
Shares
14.66 13.03 19.62 0.00 0.00 0.00 0.00 9.62 15.11 15.67
PE Ratio
1.53 1.16 0.72 3.07 2.19 3.92 4.54 4.15 4.59 3.04
PS Ratio
0.31 0.27 0.25 0.40 0.32 0.87 0.71 0.84 0.81 0.65
PB Ratio
58.66 53.97 40.57 193.18 22.46 48.65 25.09 18.44 23.02 18.03
EV/Sales
55.16 56.27 63.39 3,893.49 28.42 161.39 125.32 21.00 56.33 13.86
EV/FCF
215 212 165 45 115 146 153 197 57 292
Op' Cash Flow
— — — (42) 20 (104) 1 39 34 59
Capex
215 212 165 3 135 43 154 236 91 351
FCF
197 256 196 268 2,945 4,653 5,445 5,366 5,339 5,159
Working Cap'
12,243 12,429 11,078 10,373 2,149 7,571 4,442 4,183 4,313 4,232
Total Debt
12,187 12,325 11,017 10,267 2,057 7,401 4,251 3,839 4,116 4,047
Net Debt
1,248 1,239 1,059 1,074 798 1,711 1,578 1,586 1,520 1,531
Sh' Equity
0.48% 0.46% 0.24% 0.56% 0.54% (0.12%) (0.35%) 1.94% 1.15% 0.92%
ROA
0.92% 1.04% 1.37% 0.31% 1.50% 0.15% 1.39% 2.08% 1.52% 0.94%
ROIC
6.28% 6.10% 3.42% 8.21% 4.91% (1.02%) (2.65%) 8.93% 5.32% 4.36%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Franklin BSP Realty Trust, Inc. peers in Reit Mortgage

All 37 Reit Mortgage stocks →

Franklin BSP Realty Trust, Inc. (FBRT) key facts

  • Franklin BSP Realty Trust, Inc. (FBRT) is a Reit Mortgage company in the Real Estate sector, listed on the New York Stock Exchange.
  • Franklin BSP Realty Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $270.1 million, up 20.9% from fiscal 2024.
  • As of September 25, 2026, FBRT traded at $6.97, a market capitalization of $606.2 million.
  • Franklin BSP Realty Trust, Inc. pays an annual dividend of $1.42 per share, a yield of 11.6%, with a payout ratio of 82.6%.
  • Return on equity was 4.36% and debt-to-equity 2.85.

Source: company filings (standardised) and stockrow calculations.

Franklin BSP Realty Trust, Inc. (FBRT) Latest News

News by impact score

Fine-tune

7 Aug

4 transcript

Franklin BSP Realty Trust (FBRT) released its Q2 2026 earnings call transcript detailing quarterly financial results and management commentary. Q2 earnings call transcript contains financial results and forward guidance that can significantly shift investor sentiment and stock trajectory.

4 Aug

3

FBRT emphasizes multifamily investments and resolves legacy assets amid challenging commercial real estate conditions in Q2. Q2 multifamily focus and legacy asset resolutions in difficult CRE markets moderately shape FBRT financial performance and positioning.

31 Jul

3 transcript

Franklin BSP Realty Trust Q2 earnings call highlights detail financial results, operational updates and outlook for the real estate investment trust. Q2 earnings highlights supply financial metrics and guidance that can moderately shift investor views on FBRT performance.

30 Jul

3

FBRT Q2 2026 earnings call highlights focus on dividend coverage metrics alongside core financial results for the real estate investment trust. Dividend coverage updates from quarterly earnings can moderately shift near-term investor sentiment and valuation for FBRT.

3

Franklin BSP Realty Trust reported Q2 2026 earnings results and strategic outlook during its earnings call. Quarterly earnings provide performance updates that may shift near-term investor views without major structural change.

29 Jul

3

Franklin BSP Realty Trust (NYSE:FBRT) missed Q2 CY2026 sales expectations. Missing quarterly sales targets signals revenue weakness that can pressure near-term stock performance and sentiment.

3

Franklin BSP Realty Trust, Inc. released its second quarter 2026 financial results. Quarterly results typically drive moderate short-term valuation shifts for the REIT.

13 May

4

Franklin BSP Realty Trust (FBRT) cut its dividend and faces a lawsuit, shifting its investment narrative toward heightened concerns over financial health, performance struggles, and legal risks. Dividend cut erodes income appeal for REIT investors while lawsuit introduces material legal and financial uncertainties.

3 May

4

Franklin BSP Realty Trust's Q1 portfolio expanded amid continued resolution of legacy assets and shifts in equity allocation. Portfolio growth combined with legacy asset resolutions and equity reallocation signals major strategic progress enhancing financial trajectory and investor outlook.

1 May

3

Franklin BSP Realty Trust (FBRT) released Q1 earnings call highlights covering financial performance, portfolio updates, and forward guidance. Q1 earnings highlights impact financial performance and market sentiment but are balanced by ongoing operations.

30 Apr

4

Franklin BSP Realty Trust, Inc. issued Q1 2026 earnings call summary detailing quarterly financial results, portfolio performance, and future outlook. Q1 2026 earnings call summary discloses key financial metrics and guidance that significantly shape FBRT's trajectory and investor confidence.

29 Apr

4

Franklin BSP Realty Trust (NYSE:FBRT) beats Q1 CY2026 sales expectations. Beating quarterly sales expectations drives positive investor sentiment and potential stock price gains, significantly influencing near-term market performance.

4

Franklin BSP Realty Trust (FBRT) resets its dividend downward amid a shareholder lawsuit alleging mismanagement, shifting its narrative from growth to risk and uncertainty for investors. Dividend reset cuts shareholder returns while lawsuit alleges fiduciary breaches, likely eroding investor confidence and stock performance.

3

Franklin BSP Realty Trust, Inc. (FBRT) announced first quarter 2026 results. Quarterly earnings announcements moderately affect financial performance and investor sentiment.

28 Apr

3

Preview of Franklin BSP Realty Trust (FBRT) Q1 earnings report highlights key metrics and factors for investors to watch, including revenue, net income, dividend coverage, portfolio performance, and guidance amid real estate market conditions. Q1 earnings preview shapes investor expectations on financial health and REIT performance, with moderate potential to sway short-term market sentiment.

14 Apr

4

Franklin BSP Realty Trust (FBRT) investment narrative shifts negatively after dividend cut and analyst price target reductions, signaling financial pressures and lowered expectations amid real estate market challenges. Dividend cut and target reductions indicate significant financial strain and bearish sentiment likely to alter FBRT's trajectory and investor confidence.

2 Apr

4

Franklin BSP Realty Trust, Inc. (FBRT) converts its largest REO asset into a performing investment through a strategic sale and financing. Converting the largest REO asset into a performing investment via sale and financing significantly strengthens FBRT's balance sheet and future performance.

30 Mar

4

Franklin BSP Realty Trust (FBRT) reset its dividend lower and faces a shareholder lawsuit alleging misleading disclosures on loan portfolio risks, shifting its investment narrative from high yield to heightened caution amid portfolio challenges. Dividend cut erodes income appeal while lawsuit risks financial penalties and reputational damage, significantly pressuring FBRT's valuation and performance.

4

Franklin BSP Realty Trust, Inc. announced the pricing of an $880.4 million managed CRE CLO. Pricing an $880.4 million managed CRE CLO provides significant liquidity for commercial real estate investments, strengthening FBRT's balance sheet and growth trajectory.

9 Mar

3

Franklin BSP Realty Trust (FBRT) faces three key risks, making it a poor investment choice compared to a recommended alternative stock. Identifying three specific risks directly challenges FBRT's investment appeal and could moderately sway market sentiment.

3 Mar

4

Investor narrative on Franklin BSP Realty Trust (FBRT) shifts negatively after company cuts dividends and analysts slash price targets amid concerns over real estate market pressures and portfolio performance. Dividend cuts and lowered analyst targets directly threaten FBRT's attractiveness to income-focused investors and signal potential long-term valuation declines.

18 Feb

4

Franklin BSP Realty Trust Inc (FBRT) Q4 2025 earnings call highlights strategic shifts amid key financial updates. Strategic shifts disclosed in Q4 2025 earnings call represent major moves likely to alter FBRT's trajectory and investor sentiment.

14 Feb

4

Franklin BSP Realty Trust (FBRT) shares plunged 13.1% after a dividend reset and new CEO appointment, sparking debate on whether the bull case remains intact. Dividend reset and CEO change triggered sharp stock decline and questioned bullish outlook, signaling major strategic shifts with high impact on performance.

13 Feb

4

Franklin BSP Realty Trust, Inc. (FBRT) has announced a reset of its dividend, signaling a strategic shift towards generating recurring revenue. Management emphasized the importance of this transition during the Q4 earnings call, highlighting efforts to stabilize financial performance and enhance shareholder value. The decision reflects a broader strategy to adapt to changing market conditions and improve the company's long-term sustainability. The reset of the dividend and focus on recurring revenue are significant strategic moves that could alter the company's trajectory and investor sentiment.

3 transcript

Franklin BSP Realty Trust, Inc. reported its Q4 2025 earnings, highlighting key financial metrics and operational updates. The company demonstrated resilience in its portfolio performance despite market challenges. Management provided insights into strategic initiatives aimed at enhancing shareholder value and navigating the evolving real estate landscape. Future outlook remains cautiously optimistic, with a focus on maintaining strong occupancy rates and exploring new investment opportunities. The earnings report indicates moderate influences on financial performance and strategic positioning.

12 Feb

3 transcript

Franklin BSP Realty Trust, Inc. reported its Q4 earnings, highlighting key financial metrics and operational updates. The company discussed its performance in the real estate sector, focusing on revenue growth and strategic initiatives. Management provided insights into market conditions and future outlook, emphasizing their commitment to enhancing shareholder value. The earnings call also addressed challenges faced during the quarter and the company's plans to navigate them effectively. The earnings call revealed important financial performance details and strategic initiatives that could moderately influence the company's future trajectory.

11 Feb

3

Franklin BSP Realty Trust, Inc. (FBRT) reported its Q4 earnings, missing both earnings and revenue estimates. The company faced challenges that impacted its financial performance, leading to a decline in investor sentiment. Analysts had anticipated stronger results, but the actual figures fell short, raising concerns about the company's future outlook. Missing earnings and revenue estimates may moderately affect investor confidence and financial performance.

3

Franklin BSP Realty Trust, Inc. (FBRT) reported its Q4 earnings, highlighting key financial metrics and performance indicators. The results reflect the company's operational strategies and market conditions, providing insights into its future outlook. Investors are keenly observing these developments as they may influence market sentiment and the company's trajectory moving forward. Q4 earnings results may moderately influence financial performance and investor sentiment.

3

Franklin BSP Realty Trust, Inc. reported its financial results for the fourth quarter and full year of 2025, highlighting key metrics such as revenue, net income, and asset performance. The company demonstrated resilience in its portfolio management and strategic initiatives, which contributed to its overall financial stability. Management provided insights into future growth prospects and ongoing projects aimed at enhancing shareholder value. The financial results indicate moderate performance improvements that may influence investor sentiment and operational strategies.

10 Feb

3

Franklin BSP Realty Trust, Inc. (FBRT) has announced a leadership transition, with the appointment of a new Chief Executive Officer and Chief Financial Officer. This change is part of the company's strategy to enhance its operational effectiveness and drive growth. The outgoing executives will assist in the transition process to ensure continuity in leadership and operations. Leadership transitions can moderately influence company performance and market sentiment, impacting strategic direction and operational effectiveness.

stockrow.com/FBRT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com