Franklin BSP Realty Trust, Inc. FBRT
- Market cap
- $606.2M
- P/E
- 15.8×
Follow FBRT
Target Price Range
Analyst price targets
Free account| 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
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| 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
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|||
| 100.00% | 100.00% | 100.00% | 82.39% | 83.99% | 83.01% | 87.35% | 87.40% | 88.38% | 90.93% |
Gross Margin
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| 83 | 80 | 50 | 88 | 53 | 29 | 14 | 142 | 94 | 88 |
EBT
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| 38.85% | 34.10% | 18.11% | 81.82% | 44.79% | 17.71% | 6.68% | 52.75% | 41.87% | 32.57% |
EBT Margin
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| 83 | 80 | 50 | 84 | 55 | 26 | 14 | 145 | 92 | 84 |
Net Income
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|||
| 132 | 130 | 117 | 1 | (1) | (11) | (10) | (4) | 2 | 8 |
Depreciation
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|||
| 6.78 | 7.42 | 9.23 | 2.58 | 2.65 | 3.81 | 2.89 | 3.26 | 2.73 | 3.30 |
Revenue/Sh
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| 0.70 | 0.65 | 0.34 | (0.62) | (1.56) | (0.18) | (0.38) | 1.42 | 0.82 | 0.65 |
Earnings/Sh
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| 6.84 | 6.74 | 5.51 | 1.08 | 2.60 | 3.37 | 2.13 | 2.40 | 0.70 | 3.56 |
Cash Flow/Sh
|
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| 0.00 | 0.00 | 0.00 | (1.00) | 0.44 | (2.39) | 0.02 | 0.47 | 0.42 | 0.72 |
Capex/Sh
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| 6.84 | 6.74 | 5.51 | 0.08 | 3.04 | 0.99 | 2.15 | 2.87 | 1.12 | 4.29 |
Free CF/Sh
|
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| 39.67 | 39.36 | 35.35 | 25.65 | 17.99 | 39.42 | 22.04 | 19.27 | 18.57 | 18.68 |
Book Value/Sh
|
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| 31 | 31 | 30 | 42 | 44 | 43 | 72 | 82 | 82 | 82 |
Shares
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|||
| 14.66 | 13.03 | 19.62 | 0.00 | 0.00 | 0.00 | 0.00 | 9.62 | 15.11 | 15.67 |
PE Ratio
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| 1.53 | 1.16 | 0.72 | 3.07 | 2.19 | 3.92 | 4.54 | 4.15 | 4.59 | 3.04 |
PS Ratio
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| 0.31 | 0.27 | 0.25 | 0.40 | 0.32 | 0.87 | 0.71 | 0.84 | 0.81 | 0.65 |
PB Ratio
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| 58.66 | 53.97 | 40.57 | 193.18 | 22.46 | 48.65 | 25.09 | 18.44 | 23.02 | 18.03 |
EV/Sales
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| 55.16 | 56.27 | 63.39 | 3,893.49 | 28.42 | 161.39 | 125.32 | 21.00 | 56.33 | 13.86 |
EV/FCF
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| 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
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|||
| 197 | 256 | 196 | 268 | 2,945 | 4,653 | 5,445 | 5,366 | 5,339 | 5,159 |
Working Cap'
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| 12,243 | 12,429 | 11,078 | 10,373 | 2,149 | 7,571 | 4,442 | 4,183 | 4,313 | 4,232 |
Total Debt
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| 12,187 | 12,325 | 11,017 | 10,267 | 2,057 | 7,401 | 4,251 | 3,839 | 4,116 | 4,047 |
Net Debt
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| 1,248 | 1,239 | 1,059 | 1,074 | 798 | 1,711 | 1,578 | 1,586 | 1,520 | 1,531 |
Sh' Equity
|
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| 0.48% | 0.46% | 0.24% | 0.56% | 0.54% | (0.12%) | (0.35%) | 1.94% | 1.15% | 0.92% |
ROA
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| 0.92% | 1.04% | 1.37% | 0.31% | 1.50% | 0.15% | 1.39% | 2.08% | 1.52% | 0.94% |
ROIC
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| 6.28% | 6.10% | 3.42% | 8.21% | 4.91% | (1.02%) | (2.65%) | 8.93% | 5.32% | 4.36% |
ROE
|
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Franklin BSP Realty Trust, Inc. peers in Reit Mortgage
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| IVR INVESCO MORTGAGE CAPITAL INC | $693.2M | 4.3× | Compare |
| BRSP BrightSpire Capital, Inc. | $517.5M | 0.0× | Compare |
| TRTX TPG RE Finance Trust, Inc. | $508.2M | 12.1× | Compare |
| ADAM Adamas Trust, Inc. | $731.6M | 4.8× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| PMT PennyMac Mortgage Investment Trust | $736.9M | 5.9× | Compare |
| ABR Arbor Realty Trust | $766.6M | 57.6× | Compare |
| RWT Redwood Trust, Inc. | $468.5M | 0.0× | Compare |
| ARI Apollo Commercial Real Estate Finance | $804.7M | 7.8× | Compare |
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.
Franklin BSP Realty Trust, Inc. (FBRT) Latest News
7 Aug
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
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
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
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.
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
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.
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
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
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
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
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
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.
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.
Franklin BSP Realty Trust, Inc. (FBRT) announced first quarter 2026 results. Quarterly earnings announcements moderately affect financial performance and investor sentiment.
28 Apr
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
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
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
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.
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
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
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
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
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
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.
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
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
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.
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.
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
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.