Franklin BSP Realty Trust (FBRT) Stock Price, News & Analysis

Company Overview

Franklin BSP Realty Trust, Inc. (NYSE: FBRT) is a publicly traded real estate investment trust sponsored by an affiliate of Franklin Square Capital Partners. The company focuses on acquiring, owning and managing single-tenant net leased commercial properties across the United States. Its portfolio spans retail, office, industrial and other property types, with leases structured to shift most property‐level responsibilities—such as maintenance, property taxes and insurance—to the tenants.

By concentrating on net lease investments, Franklin BSP Realty Trust aims to generate stable and predictable rental income streams. The firm targets properties leased to investment-grade and creditworthy tenants under long-term agreements, seeking to balance income security with growth potential. Through ongoing portfolio review and active asset management, the company works to optimize lease expirations, tenant mix and underlying property values.

The management team draws on the research capabilities and real estate expertise of its sponsor, Franklin Square Capital Partners, which has a history of value-oriented real estate investing. This collaboration provides strategic guidance on market trends, property underwriting and risk management. Franklin BSP Realty Trust’s board and leadership bring experience in capital markets, real estate operations and portfolio oversight to help navigate market cycles and pursue selective acquisitions.

Since its initial public offering in 2017, Franklin BSP Realty Trust has sought to grow and diversify its portfolio while adhering to a disciplined investment approach. The net lease structure offers investors exposure to commercial real estate with reduced property-level responsibilities, distinguishing the company within the net lease REIT sector and positioning it for long-term, income-focused performance.

Key Stats

• Today's Range: $9.12 to $9.23
• 50-Day Range: $8.34 to $9.48
• 52-Week Range: $8.24 to $11.84
• Volume: 890,626 shs
• Average Volume: 686,223 shs
• Market Capitalization: $706.11 million
• P/E Ratio: 17.99
• Dividend Yield: 8.72%
• Price Target: $11.50
• Consensus Rating: Hold

Franklin BSP Realty Trust Stock Analysis - MarketRank™

Franklin BSP Realty Trust scored higher than 99% of companies evaluated by MarketBeat, and ranked 24th out of 879 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Franklin BSP Realty Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on no strong buy ratings, 3 buy ratings, 2 hold ratings, and no sell ratings.

Upside Potential

Franklin BSP Realty Trust has a consensus price target of $11.50, representing about 25.3% upside from its current price of $9.18.

Amount of Analyst Coverage

Franklin BSP Realty Trust has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 29.11%

Earnings Growth

Earnings for Franklin BSP Realty Trust are expected to grow by 29.11% in the coming year, from $0.79 to $1.02 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Franklin BSP Realty Trust is 17.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of Franklin BSP Realty Trust is 17.99, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.17.

Price to Book Value per Share Ratio

Franklin BSP Realty Trust has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.07% of the float of Franklin BSP Realty Trust has been sold short.

Short Interest Ratio / Days to Cover

Franklin BSP Realty Trust has a short interest ratio ("days to cover") of 8.55.

Change versus previous month

Short interest in Franklin BSP Realty Trust has recently decreased by 6.71%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Franklin BSP Realty Trust is a leading dividend payer. It pays a dividend yield of 8.77%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Franklin BSP Realty Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Franklin BSP Realty Trust is 156.86%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Franklin BSP Realty Trust will have a dividend payout ratio of 78.43% in the coming year. This indicates that Franklin BSP Realty Trust may not be able to sustain their current dividend.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.04

News Sentiment

Franklin BSP Realty Trust has a news sentiment score of 1.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Franklin BSP Realty Trust this week, compared to 6 articles on an average week.

Search Interest

Only 3 people have searched for FBRT on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

MarketBeat Follows

4 people have added Franklin BSP Realty Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 2.9 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net $17,760.00 in company stock, which represents 0.0025% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Franklin BSP Realty Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $17,760.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

1.30% of the stock of Franklin BSP Realty Trust is held by insiders.

Percentage Held by Institutions

59.87% of the stock of Franklin BSP Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FBRT Stock Analysis - Frequently Asked Questions

How have FBRT shares performed this year?

Franklin BSP Realty Trust's stock was trading at $10.04 at the start of the year. Since then, FBRT stock has decreased by 8.6% and is now trading at $9.1750.

How were Franklin BSP Realty Trust's earnings last quarter?

Franklin BSP Realty Trust, Inc. (NYSE:FBRT) released its earnings results on Wednesday, April, 29th. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by $0.13. The company earned $74.38 million during the quarter, compared to analysts' expectations of $73.09 million. Franklin BSP Realty Trust had a net margin of 24.26% and a trailing twelve-month return on equity of 6.46%.
Read the conference call transcript.

Who are Franklin BSP Realty Trust's major shareholders?

Franklin BSP Realty Trust's top institutional shareholders include Bank of New York Mellon Corp (0.82%), Principal Financial Group Inc. (0.52%), Independent Financial Group LLC (0.17%) and Jennison Associates LLC (0.16%). Insiders that own company stock include Buford H Ortale, Buford H Ortale and Peter J Mcdonough.
View institutional ownership trends.

How do I buy shares of Franklin BSP Realty Trust?

Shares of FBRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Franklin BSP Realty Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Franklin BSP Realty Trust investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Home Depot (HD) and Netflix (NFLX).

Company Calendar

• Record date for 4/10 Dividend: 3/31/2026
• Ex-Dividend for 4/10 Dividend: 3/31/2026
• Dividend Payable: 4/10/2026
• Last Earnings: 4/29/2026
• Today: 5/07/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - MTGE TRUST
• Sub-Industry: Trading
• Current Symbol: NYSE:FBRT
• CIK: 1562528
• Web: bsprealtytrust.com
• Phone: (214) 874-2323
• Fax: 214-874-2398
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Franklin BSP Realty Trust: $11.50
• High Price Target: $12.00
• Low Price Target: $11.00
• Potential Upside/Downside: +25.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.51
• Trailing P/E Ratio: 17.99
• Forward P/E Ratio: 11.61
• P/E Growth: N/A
• Net Income: $82.27 million
• Net Margins: 24.26%
• Pretax Margin: 26.55%
• Return on Equity: 6.46%
• Return on Assets: 1.34%

Debt

• Debt-to-Equity Ratio: 3.74
• Current Ratio: 90.06
• Quick Ratio: 90.06

Sales & Book Value

• Annual Sales: $270.07 million
• Price / Sales: 2.61
• Cash Flow: $0.54 per share
• Price / Cash Flow: 16.96
• Book Value: $15.87 per share
• Price / Book: 0.58

Miscellaneous

• Outstanding Shares: 76,960,000
• Free Float: 75,962,000
• Market Cap: $706.11 million
• Optionable: Optionable
• Beta: 0.94