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FBRT

Franklin BSP Realty Trust, Inc.

FBRT

NYSE·Real Estate·REIT - Mortgage·Mkt cap $713.4M

$8.59

+0.70%

P/E

19.52

Mkt Cap

$713.4M

52-Wk Range

$7.35–$11.74

52-Week Range

$7.35 - $11.74

P/E

19.52

Fwd P/E

9.90

Beta

1.11

Div Yield

12.92%

Avg Vol

1.3M

Shares Out

81.6M

Mkt Cap

$713.4M

Price action

Price chart

Down 26.3% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • REIT tax structure enabling tax-efficient dividend distributions to shareholders
  • Diversified debt portfolio across first mortgages, mezzanine, and bridge loans
  • Real estate acquisition capabilities through foreclosure and deed-in-lieu transactions
  • Institutional underwriting expertise and active portfolio management

Bear Case

2 risks

  • Average volatility.
  • Premium valuation to Mortgage REITs peers

Growth

Stable outlook

Increased commercial real estate financing demand

Value

Premium valuation to Mortgage REITs peers

Momentum

Stable

+2.5% over 3m

Quality

Excellent

Solid business

Dividend

High yield

12.92% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 4, 2026

Q3 26 RECAP

JUL 29, 2026

Reported EPS of $0.25 vs $0.24 consensus (+5.9% surprise). Revenue of $65.3M vs $81.0M expected (-19.4%).

EPS beat +5.9%
Revenue miss

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+5.9%

Revenue trend · last 8Q

-0%

+16%

-10%

-2%

+7%

-100%

-92%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$139.6M

$135.4M

$164.0M

$119.5M

$136.6M

$145.0M

$0

$9.7M

Margins · last 8Q

Gross

Operating

-192.1%

Profit

161.2%

Wall Street consensus

Analyst coverage

Live ratings and price targets aggregated across covering analysts.

vs Industry

How FBRT stacks vs REIT - Mortgage

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.