Why did Franklin BSP Realty Trust (FBRT) stock move recently?

On 7/23/2026, Franklin BSP Realty Trust moved -3.2% — FBRT fell with no company-specific news, filing, or earnings release today (Q2 results due July 29); the decline appears to reflect broader market or REIT-sector weakness as the stock hit a new 52-week low. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

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 17.2, a forward P/E of about 7.4, a price-to-book of about 0.6 — 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 $8.59 (+0.7% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Franklin BSP Realty Trust

FBRT · NYSE · Real Estate · United States

Snapshot

TickerFBRT

ExchangeNYSE

SectorReal Estate

IndustryREIT - Mortgage

CountryUnited States

CEOMr. Michael Comparato

Employees252

HeadquartersNew York, United States

Websitewww.fbrtreit.com

Filings tracked17

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.

Who owns it

Insiders1.5%
Institutions60.6%
Public & other37.9%

314 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.15.66%
Vanguard Capital Management LLC4.13%
State Street Corporation3.90%
Geode Capital Management, LLC2.49%
Invesco Ltd.2.23%
Gratia Capital, LLC2.13%
Franklin Resources, Inc.1.81%
UBS Group AG1.62%

Largest institutional holders — last updated 6/30/2026.

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 $73.0M · EPS 0.26

Est. earnings growth +114.6%

Next fiscal year

Rev $308.7M · EPS 1.17

Est. earnings growth +38.5%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

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

Ask MarketChacha about FBRT

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 23, 2026
FBRT fell with no company-specific news, filing, or earnings release today (Q2 results due July 29); the decline appears to reflect broader market or REIT-sector weakness as the stock hit a new 52-week low.
· confidence: low

Daily moves with the verified reason behind them. Education only — not investment advice.

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
2026Q2	$65.3M	$15.6M	0.12	23.8%
2026Q1	$74.4M	$12.0M	0.07	16.1%
2025Q3	$89.5M	$17.3M	0.12	19.3%
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

10-Q filing
SEC7/29/2026
8-K — Results of operations, Exhibits
SEC7/29/2026material
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
10-K filing
SEC2/25/2026
8-K — Results of operations, Exhibits
SEC2/11/2026material
8-K — Executive/director change, Exhibits
SEC2/10/2026material
8-K — Security holder rights, Bylaw/charter change, Shareholder vote results, Exhibits
SEC1/21/2026material

2025

10-Q filing
SEC11/5/2025
8-K — Results of operations, Exhibits
SEC10/29/2025material
8-K — Material agreement, Material financial obligation, Exhibits
SEC10/17/2025material
8-K/A — Exhibits
SEC8/1/2025
10-Q filing
SEC7/30/2025
8-K — Results of operations, Exhibits
SEC7/30/2025material
8-K/A — Exhibits
SEC7/30/2025

In the news

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