Is Franklin BSP Realty Trust (FBRT) overvalued or fairly valued?

MarketChacha shows Franklin BSP Realty Trust's valuation in context — a trailing P/E of about 13.5, a forward P/E of about 6.5, a price-to-book of about 0.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Franklin BSP Realty Trust's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.69×) from reported figures — education, not a rating.

What is Franklin BSP Realty Trust's revenue?

Franklin BSP Realty Trust reported revenue of $29.6M for FY2025, with net profit of $82.3M, per official filings.

What is the share price of Franklin BSP Realty Trust (FBRT)?

Franklin BSP Realty Trust last traded at $7.85 (-1.6% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Franklin BSP Realty Trust

FBRT · NYSE · Real Estate · United States

$7.85-1.6%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:34 PM

Snapshot

TickerFBRT

ExchangeNYSE

SectorReal Estate

IndustryREIT - Mortgage

CountryUnited States

CEOMr. Michael Comparato

Employees243

HeadquartersNew York, United States

Market cap$603.8M

P/E (TTM)13.5

P/B0.5

Volume586.34K

Websitewww.fbrtreit.com

Filings tracked4

About Franklin BSP Realty Trust

Franklin BSP Realty Trust, Inc., a real estate finance company, originates and manages a diversified portfolio of commercial real estate debt investments through a REIT structure in the United States and internationally. The company operates through Real Estate Debt Business; Agency Business; Commercial Real Estate Conduit Business; and Real Estate Owned Business segments. The Real Estate Debt Business focuses on originating, acquiring, and asset managing commercial real estate debt investments, including first mortgages, subordinate mortgages, mezzanine loans, and participations in such loans and focuses on investing in and asset managing real estate securities. The Agency Business focuses on originating, selling, and servicing loans under programs offered by government-sponsored enterprises and agencies. The Commercial Real Estate Conduit Business is focused on generating risk-adjusted returns by originating and selling fixed-rate commercial real estate loans. The Real Estate Owned Business represents real estate acquired by the company through foreclosure, deed-in-lieu of foreclosure, and purchase. It also originates conduit loans. Franklin BSP Realty Trust, Inc. was formerly known as Benefit Street Partners Realty Trust, Inc. and changed its name to Franklin BSP Realty Trust, Inc. in October 2021. Franklin BSP Realty Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.

Profile as reported by Yahoo Finance.

Who owns it

Insiders1.7%
Institutions67.8%
Public & other30.5%

287 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.17.05%
Vanguard Capital Management LLC4.63%
State Street Corporation4.17%
Mirae Asset Global ETFs Holdings Ltd.4.02%
Vanguard Portfolio Management LLC3.62%
Gratia Capital, LLC2.96%
Geode Capital Management, LLC2.65%
Invesco Ltd.2.26%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

Latest ROE of 5.7% is on the low side — the business earns a modest return on shareholder capital.

Cash conversion1.69×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Return on equity5.7%

Latest ROE of 5.7% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 32% · PAT -25%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

One-off items3 of last 3 yrs

Recent reported profit includes sizeable one-off / non-operating items — the underlying operating trend may differ from the headline.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $83.8M · EPS 0.28

Est. earnings growth +25.0%

Next fiscal year

Rev $325.3M · EPS 1.21

Est. earnings growth +31.0%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$7.7552-wk range$11.84

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$603.8M

Day change

-1.6%

P/E (TTM)

13.5

Fwd P/E

6.5

P/B

0.5

Div yield

13.93%

Beta

1.09

Revenue (FY2025)

$29.6M

ROE

5.7%

Revenue CAGR (2y)

+31.9%

Profit CAGR (2y)

-24.7%

EPS (FY2025)

0.64

Net profit (FY2025)

$82.3M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about FBRT

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Financials

Yearly

Period	Revenue	Net profit	EPS	ROE
FY2025	$29.6M	$82.3M*	0.64	5.7%
FY2024	$22.8M	$95.9M*	0.82	6.3%
FY2023	$17.0M	$145.2M*	1.42	9.3%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	—	$12.0M	0.07	—
2025Q3	—	$17.3M	0.12	—
2025Q2	$8.3M	$23.2M*	0.19	—
2025Q1	$6.8M	$24.1M*	0.20	—
2024Q3	$5.4M	$31.6M*	0.30	—
2024Q2	$4.1M	$-2.2M	-0.11	-53.4%
2024Q1	$4.7M	$35.9M*	0.35	—
2023Q3	$3.3M	$31.8M*	0.30	—
2023Q2	$6.4M	$39.6M*	0.39	—
2023Q1	$3.3M	$43.8M*	0.44	—

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Shareholder vote results
SEC6/9/2026material
10-Q filing
SEC4/29/2026
8-K — Results of operations, Exhibits
SEC4/29/2026material
8-K — Material agreement, Material financial obligation, Exhibits
SEC4/20/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.