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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›FBRT

FBRT

Franklin BSP Realty Trust, Inc.

Next earnings Jul 28, 2026 · consensus $0.26 EPS, $83.1M rev

Last earnings -2.4% on 2026-04-29

Buy
$8.25
▲ +0.12%
$8.25▼ -14.78%
over 1Y
L $8.15EODHDH $10.66
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+0.1%
1W-0.5%
1M-4.2%
3M+1.2%
YTD-16.4%
1Y-14.8%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Buy
Quality
B-
Valuation
Undervalued
Filings
Watch
Buy
Conviction
Horizon
Medium (3–12mo)
Street · 11 analysts
Buy

Revenue grew 29.7% YoY.

Revenue (FY2025) $29.6M · FY2025

The read

Quality fundamentals and an attractive price line up (~48% below fair value) — the rarer case where both the business and the entry look good.

Franklin BSP Realty Trust, Inc. shows $29.6M in FY2025 revenue (+29.7% YoY), a 277.6% net margin, and 5.7% ROE.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue$4.76M$9.65M$17.0M$22.8M$29.6M
Gross profit—————
Operating income—————
Net income$25.7M$14.4M$145M$95.9M$82.3M
Diluted EPS-$0.18-$0.38$1.42$0.82$0.64
Net margin540.1%149.5%853.2%419.6%277.6%

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield12.3%
FCF yield—

Quality & risk

ROIC (est.)—
Free cash flow—
Total debt$0.00
Net cash$167M
Piotroski F-Score6/7

Capital returns

Buyback yield2.2%
Dividend yield (est.)21.8%
Shareholder yield23.9%
Shares Δ YoY-1.5%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. 8-K Shareholder vote2026-06-09
  2. 8-K Earnings results2026-04-29
  3. 10-Q Quarterly report2026-04-29
  4. 8-K Material agreement2026-04-20
  5. DEF 14A Proxy statement2026-04-17
  6. 10-K Annual report2026-02-25
  7. 8-K Earnings results2026-02-11
  8. 8-K Officer / director change2026-02-10
  9. 8-K Material event2026-01-21

Recent filings

all on EDGAR ↗
4Period ending 2022-09-062026-06-17open ↗4Period ending 2026-06-082026-06-10open ↗4Period ending 2026-06-082026-06-10open ↗4Period ending 2026-06-082026-06-10open ↗4Period ending 2026-06-082026-06-10open ↗4Period ending 2026-06-082026-06-10open ↗8-KPeriod ending 2026-06-082026-06-09open ↗SCHEDULE 13GFiling2026-04-29open ↗8-KPeriod ending 2026-04-292026-04-29open ↗10-QPeriod ending 2026-03-312026-04-29open ↗8-KPeriod ending 2026-04-152026-04-20open ↗ARSPeriod ending 2025-12-312026-04-17open ↗

Quality score

B-
ValueGrowthProfitHealthMom.
ValueC-
GrowthC-
ProfitabilityB+
Financial healthA-
Momentum—
  • ✓Revenue growing year-over-year
  • ✓Profitable (positive net income)
  • ✓Net margin above 10%
  • ✗Return on equity above 15%
  • ✓P/E below 25

Fair value est.

$12.17

Undervalued +48% vs price

cheapfair valueexpensive

Modified Graham: EPS $0.64 × (8.5 + 1.5 × 7.7% growth) × 0.95 quality = 19.0× multiple. An estimate, not a price target.

Revenue
$29.6M
+29.7% YoY
Net margin
277.6%
ROE
5.7%
P/E
12.9

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$29.6M+29.7%
Net income$82.3M-14.2%
Diluted EPS$0.64-22.0%
Cash & equivalents$167M-9.3%
Total assets$6.06B+0.9%
Total liabilities$4.44B+1.0%
Stockholders' equity$1.44B-4.7%
L/E: 3.08x

Frequently asked

Is Franklin BSP Realty Trust, Inc. (FBRT) a buy?
FBRT currently carries a Buy rating with 4/5 conviction, derived from its latest SEC filings. Revenue grew 29.7% YoY.
What is FBRT's fair value?
A Modified-Graham model based on FBRT's SEC fundamentals estimates a fair value of about $12.17. It is an estimate from reported earnings, not a price target.
Is FBRT overvalued or undervalued?
Against a Modified-Graham fair-value estimate, FBRT currently appears undervalued relative to its SEC-grounded earnings power.
What is Franklin BSP Realty Trust, Inc.'s quality score?
FBRT scores 65.94117647058823/100 (grade B-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001562528, latest 10-Q filed 2026-04-29) · EODHD · as of 6/26/2026, 6:17:33 PM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 2 open-market buys · 0 sales

2026-06-15
ORTALE BUFORD H
Director
Buy25.9K @ $8.44$219K
2026-06-15
ORTALE BUFORD H
Director
Buy3.70K @ $19.75$73.0K
2026-06-08
ORTALE BUFORD H
Director
Award12.8K
2026-06-08
Dumars Joe
Director
Award12.8K
2026-06-08
McDonough Peter J
Director
Award12.8K
2026-06-08
Tuppeny Elizabeth K.
Director
Award12.8K
2026-06-08
Augustine Patsy Joseph
Director
Award12.8K
2026-03-03
Buffone Brian
President
Buy27.0K @ $9.41$254K
2026-02-18
ORTALE BUFORD H
Director
Buy2.00K @ $8.77$17.5K
2026-02-17
ORTALE BUFORD H
Director
Buy2.00K @ $8.88$17.8K
2022-09-06
ORTALE BUFORD H
Director
Buy10.0K @ $20.00$200K

Dividends

Quarterly
Yield (TTM)
17.8%
Annual / share
$1.46
Last ex-date
2026-06-30
Last amount
$0.20
ex 2026-06-30paid 2026-07-10$0.20
ex 2026-03-31paid 2026-04-10$0.20
ex 2025-12-31paid 2026-01-12$0.36
ex 2025-09-30paid 2025-10-10$0.36
ex 2025-06-30paid 2025-07-10$0.36
ex 2025-03-31paid 2025-04-10$0.36

Source: EODHD. Yield = trailing-12-month dividends ÷ price.

Earnings history

beat/miss · move
2026-04-29Miss -60.6% est▼ -2.39%8-K ↗
2026-02-11Miss -57.7% est▼ -0.98%8-K ↗
2025-10-29Miss -22.3% est▼ -0.47%8-K ↗
2025-07-30Miss -10.0% est▼ -1.37%8-K ↗
2025-04-28—▲ +0.09%8-K ↗
2025-02-13—▲ +1.17%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Congressional trades

all activity →

Disclosed under the STOCK Act

2025-08-13Lisa McClainBuy$1.00K–$15.0KPTR ↗
2025-08-13Lisa McClainSell$1.00K–$15.0KPTR ↗

Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.

Recent news

market news →
Q1 Earnings Outperformers: Arbor Realty Trust (NYSE:ABR) And The Rest Of The Thrifts & Mortgage Finance StocksBullish
finance.yahoo.com· 2026-06-23
Kuehn Law Encourages Investors of Franklin BSP Realty Trust, Inc. to Contact Law FirmBullish
globenewswire.com· 2026-06-18
Thrifts & Mortgage Finance Stocks Q1 Recap: Benchmarking PennyMac Mortgage Investment Trust (NYSE:PMT)Bullish
finance.yahoo.com· 2026-06-17
Q1 Earnings Highlights: Walker & Dunlop (NYSE:WD) Vs The Rest Of The Thrifts & Mortgage Finance StocksBullish
finance.yahoo.com· 2026-06-11
Spotting Winners: Flagstar Financial (NYSE:FLG) And Thrifts & Mortgage Finance Stocks In Q1Bullish
finance.yahoo.com· 2026-06-09
Thrifts & Mortgage Finance Stocks Q1 Results: Benchmarking Columbia Financial (NASDAQ:CLBK)Bullish
finance.yahoo.com· 2026-06-03

Vs tracked universe

compare →

1043 tracked peers · median

EDGAR Score66 vs 67
Revenue growth29.7% vs 7.1%
Net margin277.6% vs 10.5%
Return on equity5.7% vs 12.3%
P/E12.9 vs 25.5

News sentiment

EODHD · 13d
Bullish
+0.17
vs typical · 14 articles

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.