(FBRT) Franklin BSP Realty Trust - Ratings and Ratios
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US35243J1016
Mortgage Loans, Mezzanine Debt, Bridge Loans, Commercial Securities
Dividends
| Dividend Yield | 13.45% |
| Yield on Cost 5y | 36.79% |
| Yield CAGR 5y | 70.80% |
| Payout Consistency | 98.0% |
| Payout Ratio | 1.8% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 22.5% |
| Value at Risk 5%th | 36.6% |
| Relative Tail Risk | -0.89% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.50 |
| Alpha | -18.11 |
| CAGR/Max DD | 0.06 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.537 |
| Beta | 0.560 |
| Beta Downside | 0.692 |
| Drawdowns 3y | |
|---|---|
| Max DD | 24.85% |
| Mean DD | 8.26% |
| Median DD | 7.03% |
Description: FBRT Franklin BSP Realty Trust November 30, 2025
Franklin BSP Realty Trust, Inc. (FBRT) is a REIT that originates, acquires, and manages a diversified portfolio of commercial-real-estate debt investments, including first-mortgage, mezzanine, bridge, and other loan types, as well as foreclosed or deed-in-lie properties. The firm also holds equity securities tied to commercial real estate and generates income primarily from interest and loan servicing fees.
Key operating metrics (as of the most recent filing) include a loan portfolio of roughly $1.1 billion, a weighted-average loan-to-value (LTV) of about 65 %, and a dividend yield near 8 %-both of which are sensitive to changes in the Federal Reserve’s policy rate. The sector’s performance is driven by commercial-real-estate vacancy trends, cap-rate compression, and credit-quality cycles, all of which can materially affect FBRT’s net interest margin and default risk.
Because FBRT must distribute at least 90 % of its taxable income to maintain REIT status, its cash-flow profile is closely linked to the stability of its loan repayments and the underlying property market; a sustained rise in commercial-real-estate vacancies could pressure earnings and dividend sustainability.
For a deeper dive into FBRT’s valuation metrics, you might explore the analysis on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 1.0
| Net Income (68.5m TTM) > 0 and > 6% of Revenue (6% = 33.3m TTM) |
| FCFTA -0.01 (>2.0%) and ΔFCFTA -3.87pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 905.0% (prev 960.4%; Δ -55.39pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.01 (>3.0%) and CFO -75.2m <= Net Income 68.5m (YES >=105%, WARN >=100%) |
| Net Debt (4.24b) to EBITDA (103.6m) ratio: 40.94 <= 3.0 (WARN <= 3.5) |
| Current Ratio 23.37 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (90.6m) change vs 12m ago 10.77% (target <= -2.0% for YES) |
| Gross Margin 20.08% (prev 65.77%; Δ -45.70pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 8.85% (prev 8.67%; Δ 0.18pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 0.32 (EBITDA TTM 103.6m / Interest Expense TTM 297.8m) >= 6 (WARN >= 3) |
Altman Z'' 5.11
| (A) 0.81 = (Total Current Assets 5.25b - Total Current Liabilities 224.7m) / Total Assets 6.22b |
| (B) -0.06 = Retained Earnings (Balance) -392.8m / Total Assets 6.22b |
| (C) 0.02 = EBIT TTM 96.0m / Avg Total Assets 6.28b |
| (D) -0.08 = Book Value of Equity -392.0m / Total Liabilities 4.65b |
| Total Rating: 5.11 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 39.54
| 1. Piotroski 1.0pt |
| 2. FCF Yield -1.48% |
| 3. FCF Margin -13.56% |
| 4. Debt/Equity 2.96 |
| 5. Debt/Ebitda 40.94 |
| 6. ROIC - WACC (= -0.96)% |
| 7. RoE 4.59% |
| 8. Rev. Trend 72.20% |
| 9. EPS Trend -40.49% |
What is the price of FBRT shares?
As of December 11, 2025, the stock is trading at USD 10.56 with a total of 609,954 shares traded.
Over the past week, the price has changed by -0.19%, over one month by +7.54%, over three months by -5.83% and over the past year by -8.57%.
Over the past week, the price has changed by -0.19%, over one month by +7.54%, over three months by -5.83% and over the past year by -8.57%.
Is FBRT a buy, sell or hold?
Franklin BSP Realty Trust has received a consensus analysts rating of 4.80.
Therefore, it is recommended to buy FBRT.
- Strong Buy: 4
- Buy: 1
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the FBRT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 14.4 | 36.2% |
| Analysts Target Price | 14.4 | 36.2% |
| ValueRay Target Price | 12.4 | 17.6% |
FBRT Fundamental Data Overview December 10, 2025
Market Cap USD = 862.2m (862.2m USD * 1.0 USD.USD)
P/E Trailing = 13.1
P/S = 3.577
P/B = 0.7048
Beta = 1.131
Revenue TTM = 555.6m USD
EBIT TTM = 96.0m USD
EBITDA TTM = 103.6m USD
Long Term Debt = 4.23b USD (from longTermDebt, last quarter)
Short Term Debt = 131.7m USD (from shortTermDebt, last quarter)
Debt = 4.36b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.24b USD (from netDebt column, last quarter)
Enterprise Value = 5.10b USD (862.2m + Debt 4.36b - CCE 116.7m)
Interest Coverage Ratio = 0.32 (Ebit TTM 96.0m / Interest Expense TTM 297.8m)
FCF Yield = -1.48% (FCF TTM -75.3m / Enterprise Value 5.10b)
FCF Margin = -13.56% (FCF TTM -75.3m / Revenue TTM 555.6m)
Net Margin = 12.34% (Net Income TTM 68.5m / Revenue TTM 555.6m)
Gross Margin = 20.08% ((Revenue TTM 555.6m - Cost of Revenue TTM 444.0m) / Revenue TTM)
Gross Margin QoQ = 44.01% (prev 41.25%)
Tobins Q-Ratio = 0.82 (Enterprise Value 5.10b / Total Assets 6.22b)
Interest Expense / Debt = 1.76% (Interest Expense 76.5m / Debt 4.36b)
Taxrate = -19.70% (negative due to tax credits) (-2.90m / 14.7m)
NOPAT = 114.9m (EBIT 96.0m * (1 - -19.70%)) [negative tax rate / tax credits]
Current Ratio = 23.37 (Total Current Assets 5.25b / Total Current Liabilities 224.7m)
Debt / Equity = 2.96 (Debt 4.36b / totalStockholderEquity, last quarter 1.47b)
Debt / EBITDA = 40.94 (Net Debt 4.24b / EBITDA 103.6m)
Debt / FCF = -56.29 (negative FCF - burning cash) (Net Debt 4.24b / FCF TTM -75.3m)
Total Stockholder Equity = 1.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.10% (Net Income 68.5m / Total Assets 6.22b)
RoE = 4.59% (Net Income TTM 68.5m / Total Stockholder Equity 1.49b)
RoCE = 1.68% (EBIT 96.0m / Capital Employed (Equity 1.49b + L.T.Debt 4.23b))
RoIC = 2.13% (NOPAT 114.9m / Invested Capital 5.39b)
WACC = 3.09% (E(862.2m)/V(5.22b) * Re(8.08%) + D(4.36b)/V(5.22b) * Rd(1.76%) * (1-Tc(-0.20)))
Discount Rate = 8.08% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 4.92%
Fair Price DCF = unknown (Cash Flow -75.3m)
EPS Correlation: -40.49 | EPS CAGR: -12.31% | SUE: -0.29 | # QB: 0
Revenue Correlation: 72.20 | Revenue CAGR: 15.25% | SUE: 0.31 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.31 | Chg30d=-0.018 | Revisions Net=-1 | Analysts=3
EPS next Year (2026-12-31): EPS=1.37 | Chg30d=-0.023 | Revisions Net=+0 | Growth EPS=+89.8% | Growth Revenue=+35.2%
P/E Trailing = 13.1
P/S = 3.577
P/B = 0.7048
Beta = 1.131
Revenue TTM = 555.6m USD
EBIT TTM = 96.0m USD
EBITDA TTM = 103.6m USD
Long Term Debt = 4.23b USD (from longTermDebt, last quarter)
Short Term Debt = 131.7m USD (from shortTermDebt, last quarter)
Debt = 4.36b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.24b USD (from netDebt column, last quarter)
Enterprise Value = 5.10b USD (862.2m + Debt 4.36b - CCE 116.7m)
Interest Coverage Ratio = 0.32 (Ebit TTM 96.0m / Interest Expense TTM 297.8m)
FCF Yield = -1.48% (FCF TTM -75.3m / Enterprise Value 5.10b)
FCF Margin = -13.56% (FCF TTM -75.3m / Revenue TTM 555.6m)
Net Margin = 12.34% (Net Income TTM 68.5m / Revenue TTM 555.6m)
Gross Margin = 20.08% ((Revenue TTM 555.6m - Cost of Revenue TTM 444.0m) / Revenue TTM)
Gross Margin QoQ = 44.01% (prev 41.25%)
Tobins Q-Ratio = 0.82 (Enterprise Value 5.10b / Total Assets 6.22b)
Interest Expense / Debt = 1.76% (Interest Expense 76.5m / Debt 4.36b)
Taxrate = -19.70% (negative due to tax credits) (-2.90m / 14.7m)
NOPAT = 114.9m (EBIT 96.0m * (1 - -19.70%)) [negative tax rate / tax credits]
Current Ratio = 23.37 (Total Current Assets 5.25b / Total Current Liabilities 224.7m)
Debt / Equity = 2.96 (Debt 4.36b / totalStockholderEquity, last quarter 1.47b)
Debt / EBITDA = 40.94 (Net Debt 4.24b / EBITDA 103.6m)
Debt / FCF = -56.29 (negative FCF - burning cash) (Net Debt 4.24b / FCF TTM -75.3m)
Total Stockholder Equity = 1.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.10% (Net Income 68.5m / Total Assets 6.22b)
RoE = 4.59% (Net Income TTM 68.5m / Total Stockholder Equity 1.49b)
RoCE = 1.68% (EBIT 96.0m / Capital Employed (Equity 1.49b + L.T.Debt 4.23b))
RoIC = 2.13% (NOPAT 114.9m / Invested Capital 5.39b)
WACC = 3.09% (E(862.2m)/V(5.22b) * Re(8.08%) + D(4.36b)/V(5.22b) * Rd(1.76%) * (1-Tc(-0.20)))
Discount Rate = 8.08% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 4.92%
Fair Price DCF = unknown (Cash Flow -75.3m)
EPS Correlation: -40.49 | EPS CAGR: -12.31% | SUE: -0.29 | # QB: 0
Revenue Correlation: 72.20 | Revenue CAGR: 15.25% | SUE: 0.31 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.31 | Chg30d=-0.018 | Revisions Net=-1 | Analysts=3
EPS next Year (2026-12-31): EPS=1.37 | Chg30d=-0.023 | Revisions Net=+0 | Growth EPS=+89.8% | Growth Revenue=+35.2%
Additional Sources for FBRT Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle