Franklin BSP Realty Trust, Inc. (FBRT)

NYSE: FBRT · Real-Time Price · USD
10.15
-0.10 (-0.98%)
At close: Feb 11, 2026, 4:00 PM EST
9.48
-0.67 (-6.60%)
After-hours: Feb 11, 2026, 6:53 PM EST
Market Cap828.31M -21.4%
Revenue (ttm)241.05M +32.8%
Net Income66.09M -0.3%
EPS0.80 -1.4%
Shares Out 81.61M
PE Ratio12.71
Forward PE7.52
Dividend$1.42 (13.99%)
Ex-Dividend DateDec 31, 2025
Volume837,401
Open10.19
Previous Close10.25
Day's Range10.07 - 10.22
52-Week Range9.65 - 13.58
Beta1.13
AnalystsStrong Buy
Price Target14.33 (+41.18%)
Earnings DateFeb 11, 2026

About FBRT

Franklin BSP Realty Trust, Inc., a real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt investments secured by properties located in the United States and internationally. The company 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. It also invests in commercial real estate debt investments, which includes first mortgage loans, mezzanine loans, brid... [Read more]

IPO Date Sep 5, 1985
Employees 218
Stock Exchange NYSE
Ticker Symbol FBRT
Full Company Profile

Financial Performance

In 2024, Franklin BSP Realty Trust's revenue was $174.76 million, a decrease of -24.28% compared to the previous year's $230.79 million. Earnings were $67.08 million, a decrease of -42.70%.

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for FBRT stock is "Strong Buy." The 12-month stock price target is $14.33, which is an increase of 41.18% from the latest price.

Price Target
$14.33
(41.18% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 hours 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...

1 day ago - Business Wire

High-Yield Carnage In 2026

Multiple mortgage REITs fell by over 10% on the day. The stock driving the bus of bad dropped 33% on Friday and is continuing lower today. Preferred shares and baby bonds have consistently outperforme...

8 days ago - Seeking Alpha

December Readers ID'd 9 Ideal 'Safer' Dividends In 40 Dogs

Top ten ReFa/Ro Dogs are projected to deliver 25.77%–52.74% net gains by December 2026, with an average net gain of 34.55% and risk 62% below the market. Nine of the top ten ReFa/Ro Dogs have annual d...

19 days ago - Seeking Alpha

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...

22 days 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, ...

27 days ago - Business Wire

Meet 19 Ideal "Safer" December Small/MidCap DiviDogs Of 30 S&P600

The S&P 600 SmallCap index offers quality small-cap exposure, emphasizing companies with positive earnings and robust liquidity requirements. Nineteen of the thirty highest-yielding S&P 600 'safer' di...

5 weeks ago - Seeking Alpha

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...

2 months ago - Business Wire

Two Classes Of Mortgage REITs

Agency mortgage REITs duel to the dividend cut. There are 7 facing off. The top 3 are much better than the other 4. Valuations are important and awful. Deal with it.

2 months ago - Seeking Alpha

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
2 months ago - Forbes

Franklin BSP Realty: As Dividend Yield Expands To 14%, Fears Of A Cut Rise

Franklin BSP Realty has seen its dividend yield expand to 14% as its quarterly payouts are maintained and its common shares pull back from a year ago. The mREIT does not currently cover the dividend b...

3 months ago - Seeking Alpha

14% Dividend Yield Is Not Enough

Dividends matter. So do losses. Look at a couple of charts and call it a day. Most people don't want to go through all the history, but we can sum up over a decade in a few images. When we compare pri...

3 months ago - Seeking Alpha

Franklin BSP Realty Trust, Inc. (FBRT) Q3 2025 Earnings Call Transcript

Franklin BSP Realty Trust, Inc. ( FBRT) Q3 2025 Earnings Call October 30, 2025 9:00 AM EDT Company Participants Lindsey Crabbe - Director of Investor Relations Richard Byrne - Chairman & CEO Jerome B...

3 months ago - Seeking Alpha

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...

3 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...

4 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...

5 months ago - Business Wire

Franklin BSP Realty Trust, Inc. (FBRT) Discusses On NewPoint Acquisition Overview (Transcript)

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 - Pres...

5 months ago - Seeking Alpha

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...

5 months ago - Business Wire

Assessing Franklin BSP Realty's Performance For Q2

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 ...

5 months ago - Seeking Alpha

Buy 9 Ideal Safer Dividend Power August Dogs

I highlight 35 top-yield Dividend Power stocks, focusing on high earnings yield and dividend yield for value and resilience in volatile markets. Nine stocks stand out as 'safer' picks, with free cash ...

6 months ago - Seeking Alpha

Franklin BSP Realty Trust: Near 14% Dividend Yield As Discount To Book Swells

Franklin BSP Realty Trust trades at a 30% discount to GAAP book value following a sustained year-to-date selloff. The mREIT maintains a stable, double-digit dividend yield of 13.5%, supported by a div...

6 months ago - Seeking Alpha

Franklin BSP Realty Trust, Inc. (FBRT) Q2 2025 Earnings Call Transcript

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 Invest...

6 months ago - Seeking Alpha

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...

7 months ago - Business Wire

High Yields, Weird Prices

Similar preferred shares trade at materially different prices. One of these preferred shares is surprisingly expensive. One of the best BDCs is nearing an incredibly rare threshold.

7 months ago - Seeking Alpha

Franklin BSP Realty Trust, Inc. Schedules Second 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 second quarter 2025 results on Wednesday, July 30, 2025, afte...

7 months ago - Business Wire