Franklin BSP Realty Trust, Inc. (FBRT)

US — Real Estate Sector
Peers: CMTG  LADR  IVR  AGNCN  BRSP  KREF  AOMR  PECO 

Automate Your Wheel Strategy on FBRT

With Tiblio's Option Bot, you can configure your own wheel strategy including FBRT - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol FBRT
  • Rev/Share 6.796
  • Book/Share 19.2913
  • PB 0.5899
  • Debt/Equity 2.5134
  • CurrentRatio 0.9961
  • ROIC 0.4519

 

  • MktCap 932174051.0
  • FreeCF/Share 2.0735
  • PFCF 5.4703
  • PE 11.2387
  • Debt/Assets 0.7047
  • DivYield 0.1253
  • ROE 0.0543

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 3
  • DCF Score 5
  • P/B Score 4
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation FBRT Janney -- Buy -- $16 Dec. 12, 2024

News

Franklin BSP Realty Trust, Inc. (FBRT) Discusses On NewPoint Acquisition Overview (Transcript)
FBRT
Published: September 15, 2025 by: Seeking Alpha
Sentiment: Neutral

Franklin BSP Realty Trust, Inc. (NYSE:FBRT ) NewPoint Acquisition Overview September 15, 2025 11:00 AM EDT Company Participants Lindsey Crabbe - Director of Investor Relations Michael Comparato - President Jerome Baglien - CFO, COO & Treasurer Presentation Lindsey Crabbe Director of Investor Relations Good morning, everyone, and thank you for joining us today. I'm Lindsey Crabbe, and I'm pleased to serve as today's moderator.

Read More
image for news Franklin BSP Realty Trust, Inc. (FBRT) Discusses On NewPoint Acquisition Overview (Transcript)
Assessing Franklin BSP Realty's Performance For Q2
FBRT
Published: August 29, 2025 by: Seeking Alpha
Sentiment: Neutral

FBRT's Q2 results were mostly as expected, with minor BV outperformance but a notable earnings/EAD underperformance due to portfolio shrinkage and lower origination. The NewPoint acquisition is a net positive and should help earnings recover, but the path back to covering the dividend is challenging and will take time. Credit risk remains elevated, with more loans added to the watch list and ongoing caution around commercial real estate and multifamily exposure.

Read More
image for news Assessing Franklin BSP Realty's Performance For Q2
Franklin BSP Realty Trust, Inc. (FBRT) Q2 2025 Earnings Call Transcript
FBRT
Published: July 31, 2025 by: Seeking Alpha
Sentiment: Neutral

Franklin BSP Realty Trust, Inc. (NYSE:FBRT ) Q2 2025 Earnings Conference Call July 31, 2025 9:00 AM ET Company Participants Jerome S. Baglien - CFO, COO & Treasurer Lindsey Crabbe - Director of Investor Relations Michael Comparato - President Richard Jan Byrne - Chairman & CEO Conference Call Participants Jason Michael Stewart - Janney Montgomery Scott LLC, Research Division Matthew Erdner - JonesTrading Institutional Services, LLC, Research Division Randy Binner - B.

Read More
image for news Franklin BSP Realty Trust, Inc. (FBRT) Q2 2025 Earnings Call Transcript
A Brief Lesson On Huge Yielders
AGNC, ARCC, ARR, BXMT, CHMI, CIM, DX, EFC, FBRT, FSK, GAIN, GPMT, MAIN, MFA, MITT, NLY, NYMT, OBDC, ORC, PMT, RC, RITM, TPVG, TWO
Published: June 13, 2025 by: Seeking Alpha
Sentiment: Neutral

Charts? Dog photos? Me? An Opportunity to learn? So many reasons to like this article. Beware of extremely high return on equity figures. It looks great today, but you need to evaluate the source of the income.

Read More
image for news A Brief Lesson On Huge Yielders
Fat Dividends Served Reality Check
AGNC, ARCC, ARR, BXMT, BXSL, CHMI, CIM, CSWC, DX, EFC, FBRT, FSK, GAIN, GBDC, GPMT, MAIN, MFA, MITT, NLY, NYMT, OBDC, OCSL, ORC, RC, RITM
Published: May 29, 2025 by: Seeking Alpha
Sentiment: Negative

Big dividends sound great, but how about big losses? Since Q2 2025 began, book values got smacked. Not talking about share prices. You can tell if the share price declined (hopefully). That would be a worthless article. One of these high-yield sectors has been doing much better than the others.

Read More
image for news Fat Dividends Served Reality Check
Focusing On Lower Risk Shares (And Updated Charts For High-Yield Stocks)
AGNC, ARCC, ARR, BXMT, BXSL, CHMI, CIM, CSWC, DX, EFC, FBRT, FSK, GAIN, GBDC, GPMT, MAIN, MFA, MITT, NLY, NYMT, OBDC, OCSL, ORC, PMT, RC
Published: April 21, 2025 by: Seeking Alpha
Sentiment: Positive

Market volatility has increased, making it challenging to predict future Treasury rates and impacting the frequency of my article publications. Price-to-book ratios reveal bargains. Preferred shares offer lower risk and high yields; recent trades in DX-C and EFC-B have been profitable.

Read More
image for news Focusing On Lower Risk Shares (And Updated Charts For High-Yield Stocks)
Franklin BSP Realty Trust, Inc. (FBRT) Q4 2024 Earnings Call Transcript
FBRT
Published: February 14, 2025 by: Seeking Alpha
Sentiment: Neutral

Franklin BSP Realty Trust, Inc. (NYSE:FBRT ) Q4 2024 Earnings Conference Call February 14, 2025 9:00 AM ET Company Participants Lindsey Crabbe - Head of Investor Relations Richard Byrne - CEO and Chairman of the Board Jerome Baglien - Chief Financial Officer and Chief Operating Officer Michael Comparato - President Conference Call Participants Matthew Erdner - Jones Trading Thomas Catherwood - BTIG Randy Binner - B. Riley Financial Stephen Laws - Raymond James Operator Hello and welcome to the Franklin BSP Realty Trust Fourth Quarter 2024 Earnings Conference Call.

Read More
image for news Franklin BSP Realty Trust, Inc. (FBRT) Q4 2024 Earnings Call Transcript
Franklin BSP (FBRT) Q4 Earnings Lag Estimates
FBRT
Published: February 13, 2025 by: Zacks Investment Research
Sentiment: Negative

Franklin BSP (FBRT) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.39 per share a year ago.

Read More
image for news Franklin BSP (FBRT) Q4 Earnings Lag Estimates

About Franklin BSP Realty Trust, Inc. (FBRT)

  • IPO Date 2021-10-19
  • Website https://www.fbrtreit.com
  • Industry REIT - Mortgage
  • CEO Richard Jan Byrne
  • Employees None

Franklin BSP Realty Trust, Inc., a real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt secured by properties located in the United States. The company also originates conduit loans; and invests in commercial real estate securities, as well as owns real estate acquired through foreclosure and deed in lieu of foreclosure, and purchased for investment. In addition, it invests in commercial real estate debt investments, which includes first mortgage loans, mezzanine loans, bridge loans, and other loans related to commercial real estate. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Benefit Street Partners Realty Trust, Inc. Franklin BSP Realty Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.