Franklin BSP Realty Trust, Inc.
Franklin BSP Realty Trust, Inc. (FBRT) is listed on NYSE and classified in REIT - Mortgage, part of the Real Estate sector. It is headquartered in New York, United States and has 252 employees. The company is worth $515.71M and trades at 14.1x its earnings of the last twelve months; the median for its sector is 22.1x. Revenue was $270.07M in fiscal 2025, up 20.9% from the year before. Net income was $82.27M. The share price is 42.9% below its 52-week high of $10.88. It pays a dividend yielding 12.88%. 4 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Ken Griffin (Citadel Advisors), at $2.61M. In that quarter, 1 of them opened or added to the position. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -59.5% over 5Y.
today you would have $656.14▼ -34.4%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 5 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Year-end price | $10.03 | $12.54 | $13.51 | $12.90 | $14.94 | |
| P/E | 15.3x | 15.7x | 15.3x | 9.5x | — | — |
| P/S | 4.1x | 3.0x | 4.6x | 4.1x | 5.2x | 4.0x |
| P/B | 0.7x | 0.6x | 0.7x | 0.7x | 0.7x | 0.4x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 12.9% dividend yield. Growth capped at 25%.
Median P/E of 22.1 among peers in the sector.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Cash flow growing 5.0% a year for 10 years, discounted at 10%, then 2.5% forever.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Real Estate, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| FVRFrontView REIT, Inc. | $17.15 | 1715.0x | 0.9x | 5.01% | 0.43% | $518.32M |
| BDNBrandywine Realty Trust | $2.95 | — | 0.6x | 10.85% | -18.11% | $509.51M |
| UHTUniversal Health Realty Income Trust | $37.81 | 27.2x | 3.7x | 7.93% | 12.47% | $525.51M |
| OLPOne Liberty Properties Inc |
| EPS |
| $0.64 |
| $0.82 |
| $1.42 |
| -$0.38 |
| -$0.18 |
| Dividend yield | 11.01% | 14.16% | 11.32% | 10.51% | 11.01% | 1.91% |
| Payout | 173.17% | 221.88% | 173.17% | 100.00% | — | — |
| Profit margin | 30.46% | 30.46% | 42.92% | 54.04% | 6.98% | 15.53% |
| ROE | 5.71% | 5.71% | 6.34% | 9.31% | 0.92% | 1.51% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 0.0% a year against a 9.7% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 3 families.
Room for errors in the reported numbers.
+354.6% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| $22.37 |
| 14.2x |
| 1.5x |
| 8.05% |
| 11.65% |
| $489.91M |
| ILPTIndustrial Logistics Properties Trust | $7.17 | — | 1.0x | 4.19% | -9.16% | $478.23M |
| TRTXTPG RE Finance Trust, Inc. | $6.22 | 10.7x | 0.5x | 15.43% | 5.44% | $477.5M |