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Franklin BSP Realty Trust, Inc. FBRT
Real Estate - REIT - Mortgage - NYSE - US
Watchlist
$ 11.56
-1.06 %
$ 967 M
Market Cap
13.71
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 23, 2025.

The intrinsic value of one FBRT stock under the worst case scenario is HIDDEN Compared to the current market price of 11.6 USD, Franklin BSP Realty Trust, Inc. is HIDDEN

FBRT Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 23, 2025.

The intrinsic value of one FBRT stock under the base case scenario is HIDDEN Compared to the current market price of 11.6 USD, Franklin BSP Realty Trust, Inc. is HIDDEN

FBRT Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 23, 2025.

The intrinsic value of one FBRT stock under the best case scenario is HIDDEN Compared to the current market price of 11.6 USD, Franklin BSP Realty Trust, Inc. is HIDDEN

FBRT Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart FBRT

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1M -10%
6M -7.0%
1Y 1%
3Y 12%
5Y --%
All
$13.5$13.5$13.0$13.0$12.5$12.5$12.0$12.0$11.5$11.5$11.0$11.0$10.5$10.5Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
549 M REVENUE
137.84%
Growth Rates
1Year 137.84%
3Years 35.30%
5Years 22.56%
7Years 29.56%
10Years 45.74%
406 M OPERATING INCOME
162.48%
Growth Rates
1Year 162.48%
3Years 35.04%
5Years 77.82%
7Years 41.12%
10Years 53.73%
92.4 M NET INCOME
-36.37%
Growth Rates
1Year -36.37%
3Years 53.19%
5Years 1.94%
7Years 15.46%
10Years 32.80%
57.2 M OPERATING CASH FLOW
-71.00%
Growth Rates
1Year -71.00%
3Years -26.90%
5Years 4.76%
7Years 31.64%
10Years 35.79%
223 M INVESTING CASH FLOW
-41.48%
Growth Rates
1Year -41.48%
3Years -40.70%
5Years 17.40%
7Years 15.06%
10Years 9.47%
-48.6 M FINANCING CASH FLOW
88.57%
Growth Rates
1Year 88.57%
3Years 65.06%
5Years -1.15%
7Years -2.24%
10Years -0.99%
135 M REVENUE
-2.96%
Growth Rates
1Year 137.84%
3Years 35.30%
5Years 22.56%
7Years 29.56%
10Years 45.74%
136 M OPERATING INCOME
299.21%
Growth Rates
1Year 162.48%
3Years 35.04%
5Years 77.82%
7Years 41.12%
10Years 53.73%
30.2 M NET INCOME
-0.02%
Growth Rates
1Year -36.37%
3Years 53.19%
5Years 1.94%
7Years 15.46%
10Years 32.80%
-55.1 M OPERATING CASH FLOW
-56.54%
Growth Rates
1Year -71.00%
3Years -26.90%
5Years 4.76%
7Years 31.64%
10Years 35.79%
265 M INVESTING CASH FLOW
143.52%
Growth Rates
1Year -41.48%
3Years -40.70%
5Years 17.40%
7Years 15.06%
10Years 9.47%
-367 M FINANCING CASH FLOW
-875.78%
Growth Rates
1Year 88.57%
3Years 65.06%
5Years -1.15%
7Years -2.24%
10Years -0.99%
Balance Sheet Franklin BSP Realty Trust, Inc.
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Current Assets 430 M
Cash & Short-Term Investments 387 M
Receivables 42.2 M
Other Current Assets 0
Non-Current Assets 39.8 M
Long-Term Investments 0
PP&E 0
Other Non-Current Assets 39.8 M
82.52 %8.99 %8.48 %Total Assets$469.5m
Current Liabilities 303 M
Accounts Payable 14.4 M
Short-Term Debt 237 M
Other Current Liabilities 51.6 M
Non-Current Liabilities 4.17 B
Long-Term Debt 4.08 B
Other Non-Current Liabilities 90.5 M
5.29 %91.20 %Total Liabilities$4.5b
EFFICIENCY
Earnings Waterfall Franklin BSP Realty Trust, Inc.
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Revenue 549 M
Cost Of Revenue 338 M
Gross Profit 210 M
Operating Expenses 14.5 M
Operating Income 406 M
Other Expenses 314 M
Net Income 92.4 M
600m600m500m500m400m400m300m300m200m200m100m100m00549m(338m)210m(15m)406m(314m)92mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
38.34% GROSS MARGIN
38.34%
Averages
1Year 38.34%
3Years 15.39%
5Years 36.12%
7Years 41.09%
10Years 50.17%
74.01% OPERATING MARGIN
74.01%
Averages
1Year 74.01%
3Years 51.77%
5Years 52.72%
7Years 43.69%
10Years 44.89%
12.55% NET MARGIN
12.55%
Averages
1Year 12.55%
3Years 26.47%
5Years 24.14%
7Years 28.24%
10Years 31.52%
4.55% ROE
4.55%
Averages
1Year 4.55%
3Years 4.76%
5Years 4.53%
7Years 5.73%
10Years 5.42%
1.15% ROA
1.15%
Averages
1Year 1.15%
3Years 1.27%
5Years 1.16%
7Years 1.46%
10Years 1.67%
99.50% ROIC
99.50%
Averages
1Year 99.50%
3Years 34.38%
5Years 21.34%
7Years 15.59%
10Years 11.31%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Franklin BSP Realty Trust, Inc.
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4b4b3b3b3b3b2b2b2b2b1b1b500m500m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 92.4 M
Depreciation & Amortization 5.63 M
Capital Expenditures 0
Stock-Based Compensation 8.17 M
Change in Working Capital 2.64 M
Others -62.2 M
Free Cash Flow 57.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Franklin BSP Realty Trust, Inc.
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Wall Street analysts predict an average 1-year price target for FBRT of $15.5 , with forecasts ranging from a low of $15 to a high of $16 .
FBRT Lowest Price Target Wall Street Target
15 USD 29.76%
FBRT Average Price Target Wall Street Target
15.5 USD 34.08%
FBRT Highest Price Target Wall Street Target
16 USD 38.41%
Price
Max Price Target
Min Price Target
Average Price Target
1616151514141313121211111010Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
3.53% DIVIDEND YIELD
0.355 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.6001.6001.4001.4001.2001.2001.0001.0000.8000.8000.6000.6000.4000.4000.2000.2000.0000.0000.3550.3550.3550.3550.3550.3550.3550.3550.3550.3550.2851.350.3551.420.3551.420.3550.710.002021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 17
6. Ownership
Insider Ownership Franklin BSP Realty Trust, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Focusing On Lower Risk Shares (And Updated Charts For High-Yield Stocks) Market volatility has increased, making it challenging to predict future Treasury rates and impacting the frequency of my article publications. Price-to-book ratios reveal bargains. Preferred shares offer lower risk and high yields; recent trades in DX-C and EFC-B have been profitable. seekingalpha.com - 1 week ago
5 Highest-Rated Dividend Stocks According to MarketBeat MarketBeat has many tools, including the Top Rated Dividend Stocks screener. It ranks the top-100 dividend-paying stocks according to analysts' sentiment, giving a 4.00 to those with 100% Buy ratings and a 1.00 to those with 100% Sell ratings. marketbeat.com - 3 weeks ago
Franklin BSP Realty Trust, Inc. Schedules First 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 first quarter 2025 results on Monday, April 28, 2025, after the close of trading on the New York Stock Exchange. The Company will host a conference call and live audio webcast to discuss its financial results on Tuesday, April 29, 2025, at 9:00 a.m. ET. All conference call and webcast information can be found on the Company's website at https://www.fbrtreit. businesswire.com - 3 weeks ago
Franklin BSP Realty Trust Preferred: Attractive Income For Yield Investors Franklin BSP Realty Trust's preferred shares offer a lower risk and attractive yield of 8.73%, making them more appealing than common shares. The company's multifamily lending focus supports solid earnings growth and dividend coverage, supported by high-quality loans with low LTVs and short maturities. The recent acquisition of NewPoint enhances FBRT's multifamily lending capabilities, adding valuable assets and a steady income stream. seekingalpha.com - 1 month ago
15% Yields Want To Mug Your Dividends Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector. seekingalpha.com - 1 month ago
Franklin BSP Realty Trust, Inc. Announces First 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 declared a first quarter 2025 dividend of $0.355 per common share. The dividend is payable on or about April 10, 2025, to common stockholders of record as of March 31, 2025. The Board of Directors also declared a first quarter 2025 dividend on its convertible Series H Preferred Stock in an amount equal to the as-converted common dividend amount. FBRT's Board o. businesswire.com - 1 month ago
Franklin BSP Realty Trust, Inc. Announces Acquisition of NewPoint Holdings JV LLC NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”), a leading real estate investment trust, today announced that it has entered into a definitive agreement to acquire NewPoint Holdings JV LLC (“NewPoint”), a privately held commercial real estate finance company headquartered in Plano, Texas. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions, including regulatory approvals. Richard Byrne, CEO. businesswire.com - 1 month ago
Franklin BSP Realty Trust, Inc. (FBRT) Q4 2024 Earnings Call Transcript Franklin BSP Realty Trust, Inc. (NYSE:FBRT ) Q4 2024 Earnings Conference Call February 14, 2025 9:00 AM ET Company Participants Lindsey Crabbe - Head of Investor Relations Richard Byrne - CEO and Chairman of the Board Jerome Baglien - Chief Financial Officer and Chief Operating Officer Michael Comparato - President Conference Call Participants Matthew Erdner - Jones Trading Thomas Catherwood - BTIG Randy Binner - B. Riley Financial Stephen Laws - Raymond James Operator Hello and welcome to the Franklin BSP Realty Trust Fourth Quarter 2024 Earnings Conference Call. seekingalpha.com - 2 months ago
Franklin BSP (FBRT) Q4 Earnings Lag Estimates Franklin BSP (FBRT) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.39 per share a year ago. zacks.com - 2 months ago
Analysts Estimate Franklin BSP (FBRT) to Report a Decline in Earnings: What to Look Out for Franklin BSP (FBRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 months ago
Past Time To Take Gains On These Big Yielders Past Time To Take Gains On These Big Yielders seekingalpha.com - 3 months ago
High Yield REITs Whacked By Higher Rates High Yield REITs Whacked By Higher Rates seekingalpha.com - 3 months ago
8. Profile Summary

Franklin BSP Realty Trust, Inc. FBRT

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COUNTRY US
INDUSTRY REIT - Mortgage
MARKET CAP $ 967 M
Dividend Yield 3.53%
Description Franklin BSP Realty Trust, Inc., a real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt secured by properties located in the United States. The company also 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. In addition, it invests in commercial real estate debt investments, which includes first mortgage loans, mezzanine loans, bridge loans, and other loans related to commercial real estate. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Benefit Street Partners Realty Trust, Inc. Franklin BSP Realty Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.
Contact 1345 Avenue of the Americas, New York, NY, 10105 https://www.fbrtreit.com
IPO Date Oct. 19, 2021
Employees None
Officers Mr. Richard Jan Byrne Chairman & Chief Executive Officer Mr. Matthew S. Jacobs MD & Chief Credit Officer Mr. Jerome S. Baglien Chief Financial Officer, Chief Operating Officer & Treasurer Mr. Micah Goodman J.D. Corporate Secretary, MD, General Counsel & Chief Administrative Officer Mr. David Henschke MD & Head of Capital Markets Ms. Tanya Mollova Head of Asset Management Mr. Peter M. Budko Secretary Ms. Lindsey Crabbe Director of Investor Relations Mr. Brian Buffone MD & Head of Real Estate Operations Mr. Michael Comparato President