Franklin BSP Realty Trust, Inc.

Franklin BSP Realty Trust, Inc.

FBRT
Franklin BSP Realty Trust, Inc.US flagNew York Stock Exchange
7.81
USD
+0.20
- -
601.08MMarket Cap
Franklin BSP Realty Trust, Inc.
FBRT
(New York Stock Exchange)

Recent

price

7.81

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.33
1.78
2.01
3.42
4.46
4.15
5.1
5.13
6.92
6.71
6.11
6.13
Revenue per Share
0.56
0.67
0.76
1.11
1.54
0.9
-0.18
-0.38
1.44
0.84
0.67
0.54
Basic EPS, GAAP
0.57
0.79
0.19
0.16
1.02
2.6
3.37
2.13
2.4
0.7
3.56
1.49
Free Cash Flow per Basic Share
0.61
0.9
0.87
0.83
1.36
1.12
1.57
1.95
1.75
1.77
1.78
1.78
Dividend per Share
- -
-1.58
-2.11
-2.11
-1.92
-2.39
-3.84
-4.17
-3.62
-4.24
-5.01
-5.16
Book Value per Share
- -
14.24
13.72
16.48
13.33
17.68
15.98
17.66
15.61
14.92
10.41
9.88
Tangible Book Value per Share
44
44
44
44
44
44
43
72
82
82
82
81
Basic Weighted Avg Shares
59
79
90
152
198
184
222
367
570
549
501
499
Sales/Revenue/Turnover
57.57
44.83
40.68
30.77
28.98
32.13
54.65
27.53
27.17
20.18
16.97
9.78
Operating Margin (%)
- -
- -
- -
- -
- -
2
2
5
8
6
10
12
Depreciation Expense
25
30
34
53
84
55
26
14
145
96
82
70
Net Income, GAAP
- -
- -
0.66
0.15
5.07
- -
12.28
- -
- -
1.2
4.42
5.41
Effective Tax Rate (%)
41.98
37.77
37.71
34.69
42.29
29.73
11.6
3.93
25.5
17.47
16.42
14.07
Profit Margin (%)
- -
1,119
1,524
2,513
2,668
2,748
5,078
5,225
5,161
5,089
4,766
4,954
Working Capital
- -
536
918
1,665
2,091
1,962
3,392
4,008
4,009
4,076
4,063
4,368
LT Debt
- -
634
610
733
817
798
1,711
1,578
1,586
1,520
1,531
1,480
Total Equity
- -
5.76
2.58
2.33
1.9
- -
1.74
- -
- -
1.89
1.4
0.8
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
132
187
212
LT Borrowings
4,226
4,063
4,368
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
259
259
259
Shares Outstanding
83
82
77
Market Capitalization
892
824
691

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
5,253
5,039
5,237
Cash, Cash Equivalents & STI
117
167
116
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
225
273
284
Payables & Accruals
93
86
71
ST Debt
132
187
212
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
20.73%
0.75%
Free Cash Flow
103.89%
79.8%
409.46%
Net Income, GAAP
87.46%
152.24%
-14.19%
Sales/Revenue/Turnover
26.84%
25.75%
-8.73%
Total Cash Common Dividend
24.85%
40.79%
0.57%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
135
138
138
136
549
2025
121
120
137
125
501
2026
118
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.36
-0.11
0.3
- -
0.84
2025
0.21
0.2
0.13
- -
0.67
2026
0.08
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.44
0.44
0.44
- -
1.77
2025
0.44
0.44
0.44
- -
1.78
2026
0.45
- -
- -
- -
- -
Business
Franklin BSP Realty Trust, Inc. Franklin BSP Realty Trust, Inc. (NYSE: FBRT) is a real estate investment trust that originates, acquires, and manages a diversified portfolio of commercial real estate debt investments secured by properties primarily in the United States and internationally; its core offerings include first mortgage loans, subordinated mortgage loans, mezzanine loans, bridge loans, participations in such loans, conduit loans sold into commercial mortgage-backed securities transactions, commercial real estate securities such as CMBS, unsecured REIT debt, and CDO notes; the company also holds real estate owned properties acquired through foreclosure, deed in lieu of foreclosure, or direct purchase, and provides agency origination and servicing for multifamily loans through programs with Fannie Mae, Freddie Mac, and HUD via its servicing portfolio of approximately $47.3 billion as of September 30, 2025. Franklin BSP Realty Trust, Inc. operates through four main segments comprising real estate debt, real estate securities, commercial conduit, and real estate owned businesses; it targets institutional and commercial real estate borrowers with a focus on multifamily properties, which collateralize 75% of its core portfolio of $4.4 billion across 147 loans as of September 30, 2025; the company is externally managed by Benefit Street Partners L.L.C., a wholly owned subsidiary of Franklin Resources, Inc., and maintains a national origination footprint from its headquarters at 1 Madison Avenue, Suite 1600, New York, New York, having been incorporated in 2012 and formerly known as Benefit Street Partners Realty Trust, Inc. In a transformative acquisition completed on July 1, 2025, Franklin BSP Realty Trust, Inc. purchased NewPoint Holdings JV LLC for $425 million, a Plano, Texas-based commercial real estate finance company, enhancing its multifamily lending capabilities with agency origination, mortgage servicing rights on a $547 million portfolio, and a broader product suite from construction to long-term agency debt to create a comprehensive one-stop client solution; subsequent to the third quarter of 2025, the company closed a $1.1 billion commercial real estate mortgage securitization transaction through BSPRT 2025-FL12 Issuer, LLC, selling $947 million of notes in a private placement; integration of NewPoint progresses well, supporting growth in distributable earnings, book value per share of $14.29 on a fully converted basis, and total assets of approximately $6.2 billion as of September 30, 2025.

Company News

APIChatGPT
  • Franklin BSP Realty Trust, Inc. Schedules Second Quarter 2026 Earnings Release and Conference Call

  • Kuehn Law Encourages Investors of Franklin BSP Realty Trust, Inc. to Contact Law Firm

  • Kuehn Law Encourages Investors of Franklin BSP Realty Trust, Inc. to Contact Law Firm

  • Franklin BSP Realty Trust, Inc. Announces Second Quarter 2026 Common Stock Dividend of $0.20 Per Share and Series E Cumulative Redeemable Preferred Stock Dividend of $0.46875 Per Share

  • Kuehn Law Encourages Investors of Franklin BSP Realty Trust, Inc. to Contact Law Firm

  • Franklin BSP Realty Trust: Attractive Valuation After Recent Dividend Cut

  • Readers Nab 10 Ideal 'Safer' Dividend Dogs In April

  • Earnings High Fliers And Busts

  • Franklin BSP Capital Corporation Announces Second Quarter 2026 Dividend

  • Franklin BSP Realty Trust, Inc. (FBRT) Q1 2026 Earnings Call Transcript

  • Franklin BSP (FBRT) Matches Q1 Earnings Estimates

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

  • Apollo Commerical Finance (ARI) Q1 Earnings and Revenues Lag Estimates

  • FBRT DEADLINE TODAY: ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Franklin BSP Realty Trust, Inc. Investors to Secure Counsel Before Important April 27 Deadline in Securities Class Action First Filed by the Firm - FBRT

  • FBRT Investor Alert: FRANKLIN BSP REALTY TRUST, INC. Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Allegedly Overstated Earnings Projections Supporting Dividend Coverage: Levi & Korsinsky

  • FBRT Deadline: FBRT Investors Have Opportunity to Lead Franklin BSP Realty Trust, Inc. Securities Fraud Lawsuit First Filed by the Rosen Law Firm

  • Bronstein, Gewirtz & Grossman LLC Urges Franklin BSP Realty Trust, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

  • FBRT CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Franklin BSP Realty Trust Investors of Securities Class Action Deadline on April 27, 2026

  • Contrasting Franklin BSP Realty Trust (NYSE:FBRT) & Orchid Island Capital (NYSE:ORC)

  • FBRT DEADLINE TOMORROW: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Franklin BSP Realty Trust, Inc. Investors to Secure Counsel Before Important April 27 Deadline in Securities Class Action First Filed by the Firm - FBRT