Franklin BSP Realty Trust, Inc. (FBRT)

NYSE: FBRT · Real-Time Price · USD
8.77
-0.06 (-0.68%)
Mar 23, 2026, 4:00 PM EDT - Market closed
Market Cap710.07M -34.4%
Revenue (ttm)281.92M +50.2%
Net Income53.21M -14.2%
EPS0.64 -22.0%
Shares Out 80.97M
PE Ratio13.72
Forward PE7.50
Dividend$1.42 (16.08%)
Ex-Dividend DateMar 31, 2026
Volume1,584,174
Open8.97
Previous Close8.83
Day's Range8.77 - 9.02
52-Week Range8.42 - 13.16
Beta1.15
AnalystsStrong Buy
Price Target14.00 (+59.64%)
Earnings DateApr 27, 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 3 analysts, the average rating for FBRT stock is "Strong Buy." The 12-month stock price target is $14.0, which is an increase of 59.64% from the latest price.

Price Target
$14.0
(59.64% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Franklin BSP Realty Trust: Welcoming The Preferred Shares To The 9% Club

FBRT is a CRE REIT created in 2021 following the merger between Capstead Mortgage and Benefit Street Partners Realty. Unlike peers like KREF, only 32% of FBRT's loan book was originated before the 202...

2 days ago - Seeking Alpha

7 Ideal 'Safer' Dividend Buys In 38 February ReFa/Ro Dogs

Sirius XM Holdings exemplifies the "ideal" dividend dog, with dividends from $1k invested exceeding its share price, despite recent negative returns. Top 10 ReFa/Ro Dogs for February 2026 offer projec...

5 days ago - Seeking Alpha

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...

11 days 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...

12 days ago - Business Wire

Readers Spot 8 Ideal Buys Out Of 17 'Safer' Dividend Dogs In January

Sirius XM Holdings and other high-yield ReFa/Ro Dogs offer strong dividend returns, with all top 10 passing the 'dividends from $1k invested exceed share price' test. Analyst projections suggest net g...

Other symbols: AGNCARCCARLPCAGETKRCMU
4 weeks ago - Seeking Alpha

Franklin BSP Realty Trust: A Dip Buying Opportunity As Portfolio Grows

For my initial rating of FBRT, I called it a buy, agreeing with the latest Wall St consensus. Thursday's market selloff created a major dip-buying opportunity, and drove the dividend yield quite high,...

5 weeks ago - Seeking Alpha

Buy 5 IDEAL S&P 600 Small/MidCap 'Safer' February DiviDogs

The S&P 600 SmallCap index offers select high-yield 'dividend dogs' with analyst-projected net gains of 31% to 61% by February 2026. Adamas Trust stands out as the only stock ranking in the top ten fo...

5 weeks ago - Seeking Alpha

Franklin BSP Realty Trust, Inc. (FBRT) Q4 2025 Earnings Call Transcript

Franklin BSP Realty Trust, Inc. (FBRT) Q4 2025 Earnings Call Transcript

5 weeks ago - Seeking Alpha

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...

5 weeks 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...

5 weeks 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...

6 weeks 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...

2 months 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...

2 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, ...

2 months 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...

2 months 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...

3 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.

3 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
3 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...

5 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...

5 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...

5 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...

5 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...

5 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...

6 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...

6 months ago - Seeking Alpha