Franklin BSP Realty Trust, Inc. (FBRT)

NYSE: FBRT · Real-Time Price · USD
9.29
+0.19 (2.09%)
At close: May 1, 2026, 4:00 PM EDT
9.38
+0.09 (0.97%)
After-hours: May 1, 2026, 7:32 PM EDT
Market Cap714.99M -22.6%
Revenue (ttm)285.38M +47.5%
Net Income42.16M -16.5%
EPS0.52 -22.8%
Shares Out 76.96M
PE Ratio17.97
Forward PE8.36
Dividend$0.80 (8.61%)
Ex-Dividend DateMar 31, 2026
Volume676,765
Open9.18
Previous Close9.10
Day's Range9.13 - 9.34
52-Week Range8.24 - 11.84
Beta1.12
AnalystsStrong Buy
Price Target11.50 (+23.79%)
Earnings DateApr 29, 2026

About FBRT

Franklin BSP Realty Trust, Inc., a real estate finance company, originates and manages a diversified portfolio of commercial real estate debt investments through a REIT structure in the United States and internationally. The company operates through Real Estate Debt Business; Agency Business; Commercial Real Estate Conduit Business; and Real Estate Owned Business segments. The Real Estate Debt Business focuses on originating, acquiring, and asset managing commercial real estate debt investments, including first mortgages, subordinate mortgages,... [Read more]

IPO Date Sep 5, 1985
Employees 223
Stock Exchange NYSE
Ticker Symbol FBRT
Full Company Profile

Financial Performance

In 2025, Franklin BSP Realty Trust's revenue was $281.92 million, an increase of 50.22% compared to the previous year's $187.67 million. Earnings were $53.21 million, a decrease of -20.67%.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for FBRT stock is "Strong Buy." The 12-month stock price target is $11.5, which is an increase of 23.79% from the latest price.

Price Target
$11.5
(23.79% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Franklin BSP Realty Trust Earnings Call Transcript: Q1 2026

Origination outpaced repayments, driving portfolio growth and higher book value. NewPoint integration and equity investments contributed to improved earnings, while legacy asset resolution and stock buybacks supported capital management.

1 day ago - Transcripts

Franklin BSP Realty Trust, Inc. Announces First Quarter 2026 Results

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced financial results for the quarter ended March 31, 2026. First Quarter 2026 Summary GAA...

2 days ago - Business Wire

The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of April 27, 2026 in Franklin BSP Realty Trust, Inc. Lawsuit - FBRT

NEW YORK, April 24, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Franklin BSP Realty Trust, Inc. (NYSE: FBRT).

7 days ago - GlobeNewsWire

Franklin BSP Realty Trust, Inc. Schedules First Quarter 2026 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its first quarter 2026 results on Wednesday, April 29, 2026, afte...

16 days ago - Business Wire

FBRT Stockholders Have Rights - If You Lost Money Investing in Franklin BSP Realty Trust, Inc. Contact Robbins LLP for Information About Recovering Your Losses

SAN DIEGO, April 2, 2026 /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Franklin BSP Realty Trust, Inc. (...

4 weeks ago - PRNewsWire

Franklin BSP Realty Trust, Inc. FBRT Converts Largest REO Asset into Performing Investment Through Strategic Sale and Financing

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or “the Company”) today announced the successful disposition of its largest foreclosure real estate owned (REO) asset, a...

4 weeks ago - Business Wire

Franklin BSP Realty Trust, Inc. Announces Pricing of an $880.4 Million Managed CRE CLO

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT”) today announced the pricing of BSPRT 2026-FL13 (“FL13”), an $880.4 million managed Commercial Real Estate Collateralize...

4 weeks ago - Business Wire

FBRT Lawsuit Alleges Allegedly Concealed Material Risks - FRANKLIN BSP REALTY TRUST, INC. Investors Face Losses Following Allegedly Concealed Material Risks: SueWallSt

Disclosure Under Scrutiny: Were Risk Warnings Adequate at Franklin BSP Realty Trust? NEW YORK, March 12, 2026 /PRNewswire/ -- SueWallSt examines the adequacy of Franklin BSP Realty Trust, Inc.'s (NYSE...

7 weeks ago - PRNewsWire

FBRT INVESTOR REMINDER: Franklin BSP Realty Trust, Inc. Investors Have Until April 27, 2026 To Seek Lead Plaintiff Role

NEW YORK--(BUSINESS WIRE)--If you have suffered a loss on your Franklin BSP Realty Trust, Inc. (“Franklin” or the “Company”) (NYSE:FBRT) investment, contact Lauren Molinaro of Kirby McInerney LLP by e...

7 weeks ago - Business Wire

Franklin BSP Realty Trust Earnings Call Transcript: Q4 2025

Leadership changes and a strategic shift to a diversified real estate platform marked the quarter, with a dividend reset to $0.20 per share and a focus on sustainable earnings and book value growth. NewPoint integration and strong conduit performance support a positive outlook.

2 months ago - Transcripts

Franklin BSP Realty Trust, Inc. Announces Fourth Quarter and Full Year 2025 Results

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced financial results for the quarter and full year ended December 31, 2025. Reported GAAP...

2 months ago - Business Wire

Franklin BSP Realty Trust Announces Leadership Transition

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (the “Company” or “FBRT”) today announced that the Board of Directors of the Company has appointed Michael Comparato, currently the Company's...

2 months ago - Business Wire

Benefit Street Partners L.L.C. Announces Purchase of a $391 Million Loan Portfolio

NEW YORK--(BUSINESS WIRE)--Benefit Street Partners L.L.C. (“BSP” or the “Company”) today announced the purchase of an approximately $391 million loan portfolio secured by eight, newer-vintage multifam...

3 months ago - Business Wire

Franklin BSP Realty Trust, Inc. Schedules Fourth Quarter 2025 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its fourth quarter 2025 results on Wednesday, February 11, 2026, ...

3 months ago - Business Wire

Franklin BSP Realty Trust, Inc. Announces Fourth Quarter 2025 Common Stock Dividend of $0.355 Per Share and Series E Cumulative Redeemable Preferred Stock Dividend of $0.46875 Per Share

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced its Board of Directors has declared a fourth quarter 2025 dividend of $0.355 per commo...

4 months ago - Business Wire

4 Outsized Dividends From 4 Small Cap Stocks

Small-cap stocks have finally started to wake up lately, which could be a bullish sign as we head into 2026. Let's remember that a smaller market capitalization does not necessarily mean a diminutive ...

Other symbols: NCDLRWTUWMC
5 months ago - Forbes

Franklin BSP Realty Trust Transcript: 17th Annual Southwest IDEAS Conference

A commercial mortgage REIT focused on middle-market multifamily loans is trading at a discount to book value and offers a high dividend yield. Recent moves include a major CLO issuance and the acquisition of NewPoint, expected to drive earnings and restore dividend coverage by late 2026.

5 months ago - Transcripts

Franklin BSP Realty Trust Earnings Call Transcript: Q3 2025

Third quarter results reflect a successful NewPoint acquisition, record originations, and strong distributable earnings. Liquidity remains robust, portfolio quality is stable, and share repurchases have resumed, positioning for growth and improved dividend coverage.

6 months ago - Transcripts

Franklin BSP Realty Trust, Inc. Announces Third Quarter 2025 Results

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced financial results for the quarter ended September 30, 2025. Reported GAAP net income o...

6 months ago - Business Wire

Franklin BSP Realty Trust, Inc. Schedules Third Quarter 2025 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its third quarter 2025 results on Wednesday, October 29, 2025, af...

7 months ago - Business Wire

Franklin BSP Realty Trust, Inc. Announces Pricing of a $1.076 Billion CRE CLO

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT”) today announced the pricing of BSPRT 2025-FL12 (“FL12”), a $1.076 billion managed Commercial Real Estate Collateralized...

7 months ago - Business Wire

Franklin BSP Realty Trust Transcript: M&A Announcement

The acquisition creates a fully integrated, capital-efficient real estate finance platform with agency capabilities, enabling cross-selling, cost savings, and long-term book value growth. Integration is progressing, with full synergies expected in a few quarters, and the business is positioned for stable, differentiated growth.

8 months ago - Transcripts

Franklin BSP Realty Trust, Inc. Announces Third Quarter 2025 Common Stock Dividend of $0.355 Per Share and Series E Cumulative Redeemable Preferred Stock Dividend of $0.46875 Per Share

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced its Board of Directors has declared a third quarter 2025 dividend of $0.355 per common...

8 months ago - Business Wire

Franklin BSP Realty Trust Earnings Call Transcript: Q2 2025

Q2 saw $61M in new loan originations, $317M in repayments, and $0.27/share distributable earnings. The New Point acquisition expands multifamily lending and servicing, expected to drive long-term growth. Portfolio quality remains strong, with limited office exposure and improving multifamily fundamentals.

9 months ago - Transcripts

Franklin BSP Realty Trust, Inc. Announces Second Quarter 2025 Results

NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced financial results for the quarter ended June 30, 2025. Reported GAAP net income of $24...

9 months ago - Business Wire