Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
Franklin BSP Realty Trust Inc (FBRT)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
06/30/2025: FBRT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
5 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $15.2
1 Year Target Price $15.2
| 4 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -14.05% | Avg. Invested days 39 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 906.83M USD | Price to earnings Ratio 16.46 | 1Y Target Price 15.2 |
Price to earnings Ratio 16.46 | 1Y Target Price 15.2 | ||
Volume (30-day avg) 5 | Beta 1.19 | 52 Weeks Range 10.16 - 12.78 | Updated Date 06/29/2025 |
52 Weeks Range 10.16 - 12.78 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 12.87% | Basic EPS (TTM) 0.67 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 47.82% | Operating Margin (TTM) 41.44% |
Management Effectiveness
Return on Assets (TTM) 1.37% | Return on Equity (TTM) 4.91% |
Valuation
Trailing PE 16.46 | Forward PE - | Enterprise Value 4930672368 | Price to Sales(TTM) 5.16 |
Enterprise Value 4930672368 | Price to Sales(TTM) 5.16 | ||
Enterprise Value to Revenue 9.23 | Enterprise Value to EBITDA 42.79 | Shares Outstanding 82214600 | Shares Floating 81425370 |
Shares Outstanding 82214600 | Shares Floating 81425370 | ||
Percent Insiders 0.11 | Percent Institutions 56.55 |
Analyst Ratings
Rating 3 | Target Price 15.2 | Buy 1 | Strong Buy 4 |
Buy 1 | Strong Buy 4 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Franklin BSP Realty Trust Inc
Company Overview
History and Background
Franklin BSP Realty Trust, Inc. (FBRT) is a real estate investment trust (REIT) that primarily originates, acquires, and manages commercial real estate debt investments. Originally formed as Benefit Street Partners Realty Trust, it underwent a name change reflecting its affiliation with Franklin Templeton.
Core Business Areas
- Commercial Real Estate Debt Investments: FBRT focuses on originating, acquiring, and managing a diversified portfolio of commercial real estate debt investments, including first mortgage loans, mezzanine loans, and other debt securities.
Leadership and Structure
The leadership team includes Michael Forman (Chairman and CEO). The organizational structure follows a typical REIT model, with a board of directors overseeing management.
Top Products and Market Share
Key Offerings
- First Mortgage Loans: Primarily focused on originating and acquiring senior secured first mortgage loans on commercial real estate properties. Market share data is not publicly available on a loan-by-loan basis. Competitors include other REITs and debt funds focused on commercial real estate lending.
- Mezzanine Loans: Offers mezzanine loans, which are subordinate to first mortgage loans and provide higher returns. Market share data is not typically available for specific mezzanine loan portfolios. Competitors are similar to those for first mortgage loans.
Market Dynamics
Industry Overview
The commercial real estate debt market is influenced by interest rates, economic growth, and property values. The market has seen increased volatility due to rising interest rates and economic uncertainty.
Positioning
FBRT positions itself as a provider of flexible financing solutions to commercial real estate owners and developers. Their competitive advantage lies in their ability to underwrite complex transactions and provide tailored financing solutions.
Total Addressable Market (TAM)
The TAM for commercial real estate debt is estimated in the hundreds of billions of dollars. FBRT's positioning within this TAM allows them to selectively pursue attractive lending opportunities and manage the market.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified loan portfolio
- Strong origination platform
- Access to capital through Franklin Templeton
Weaknesses
- Sensitivity to interest rate changes
- Dependence on commercial real estate market conditions
- Potential for credit losses
- Smaller market cap relative to some competitors
Opportunities
- Increased demand for alternative financing
- Expansion into new geographic markets
- Growth in property values
- Strategic acquisitions
Threats
- Rising interest rates
- Economic recession
- Increased competition
- Regulatory changes
Competitors and Market Share
Key Competitors
- BXMT
- STAR
- ARE
- TPG Real Estate Finance Trust, Inc. (TRTX)
Competitive Landscape
FBRT faces competition from other REITs and debt funds. Their advantages include their experienced management team and access to capital. Their disadvantages include their smaller market capitalization.
Major Acquisitions
No Recent
- Year: 2024
- Acquisition Price (USD millions): 0
- Strategic Rationale: None as of October 30, 2024
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by the origination and acquisition of commercial real estate debt investments.
Future Projections: Future growth depends on market conditions, interest rates, and the company's ability to originate and manage loans effectively.
Recent Initiatives: Recent initiatives may include expanding their lending platform and exploring new investment opportunities.
Summary
Franklin BSP Realty Trust, Inc. focuses on commercial real estate debt investments and has expertise and access to capital. It navigates an industry sensitive to interest rates and economic conditions, and competitive pressure. Its growth trajectory depends on market factors. Despite a smaller market cap, the experienced management team and portfolio diversification are strengths to capitalize on market opportunities.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market share and performance data are estimates and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Franklin BSP Realty Trust Inc
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2021-10-19 | Chairman & CEO Mr. Richard Jan Byrne | ||
Sector Real Estate | Industry REIT - Mortgage | Full time employees - | Website https://www.fbrtreit.com |
Full time employees - | Website https://www.fbrtreit.com | ||
Franklin BSP Realty Trust, Inc., a real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt investments secured by properties located in the United States and internationally. The company originates conduit loans; and invests in commercial real estate securities, as well as owns real estate acquired through foreclosure and deed in lieu of foreclosure and purchased for investment. It also invests in commercial real estate debt investments, which includes first mortgage loans, mezzanine loans, bridge loans, and other loans related to commercial real estate. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Franklin BSP Realty Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.