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Upturn AI SWOT - About
Franklin BSP Realty Trust Inc (FBRT)
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Upturn Advisory Summary
08/15/2025: 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
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $14.7
1 Year Target Price $14.7
| 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 08/15/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 906.67M USD | Price to earnings Ratio 11.24 | 1Y Target Price 14.7 |
Price to earnings Ratio 11.24 | 1Y Target Price 14.7 | ||
Volume (30-day avg) 5 | Beta 1.15 | 52 Weeks Range 9.79 - 12.78 | Updated Date 08/16/2025 |
52 Weeks Range 9.79 - 12.78 | Updated Date 08/16/2025 | ||
Dividends yield (FY) 12.91% | Basic EPS (TTM) 0.98 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-07-30 | When - | Estimate 0.3 | Actual 0.27 |
Profitability
Profit Margin 52.65% | Operating Margin (TTM) 41.36% |
Management Effectiveness
Return on Assets (TTM) 1.82% | Return on Equity (TTM) 6.74% |
Valuation
Trailing PE 11.24 | Forward PE - | Enterprise Value 4718709802 | Price to Sales(TTM) 4.36 |
Enterprise Value 4718709802 | Price to Sales(TTM) 4.36 | ||
Enterprise Value to Revenue 9.14 | Enterprise Value to EBITDA 32.82 | Shares Outstanding 82274800 | Shares Floating 81485830 |
Shares Outstanding 82274800 | Shares Floating 81485830 | ||
Percent Insiders 0.11 | Percent Institutions 56.55 |
Upturn AI SWOT
Franklin BSP Realty Trust Inc
Company Overview
History and Background
Franklin BSP Realty Trust, Inc. (FBRT) is a publicly traded real estate investment trust (REIT) focused on originating, acquiring, and managing a diversified portfolio of commercial real estate debt investments. The company was formed in 2012 and completed its initial public offering in 2021 under its current name, formerly known as Benefit Street Partners Realty Trust. The company has grown through originations, acquisitions and management over the years.
Core Business Areas
- Commercial Real Estate (CRE) Debt Investments: FBRT originates, acquires, and manages a diversified portfolio of commercial real estate debt investments, including first mortgage loans, mezzanine loans, and preferred equity. These investments are typically secured by properties located in the United States.
Leadership and Structure
Michael J. Comparato serves as the Chief Executive Officer and President. Richard J. Byrne is the Chairman of the Board. The company operates with a typical REIT structure, governed by a board of directors and managed by an executive team. Franklin Square Holdings, L.P. serves as the external manager.
Top Products and Market Share
Key Offerings
- First Mortgage Loans: Senior secured loans representing the primary debt on commercial real estate properties. Market share is fragmented across numerous REITs and financial institutions. Competitors include BXMT, ACRE, and STWD. Data on FBRT's specific market share for this product is not readily available publicly.
- Mezzanine Loans: Subordinate debt positioned between senior debt and equity. Market share data is not readily available publicly. Competitors include BXMT, ACRE, and STWD.
- Preferred Equity: Equity investment with preferential rights to dividends and asset liquidation. Market share data is not readily available publicly. Competitors include BXMT, ACRE, and STWD.
Market Dynamics
Industry Overview
The commercial real estate debt market is influenced by interest rates, economic growth, and property valuations. Demand for CRE debt is driven by property acquisitions, refinancing, and development. The industry is competitive, with numerous REITs, banks, and private funds participating.
Positioning
FBRT is positioned as a specialized CRE debt investor, focusing on a diversified portfolio of loans across various property types and geographic locations. Its competitive advantage lies in its experienced management team and established origination platform.
Total Addressable Market (TAM)
The commercial real estate lending market is worth trillions of dollars. FBRT is positioned to capture a portion of this market, with its strategy of diversified debt investments.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Established origination platform
- Diversified loan portfolio
- External management by Franklin Square
Weaknesses
- External management structure (potential conflicts of interest)
- Sensitivity to interest rate fluctuations
- Reliance on debt financing
- Smaller market capitalization compared to larger peers
Opportunities
- Growing demand for CRE debt
- Expansion into new property types or geographic regions
- Strategic acquisitions of smaller REITs or loan portfolios
- Increased capital raising through equity or debt offerings
Threats
- Economic downturn and property value declines
- Increased competition from other lenders
- Rising interest rates
- Regulatory changes impacting CRE lending
Competitors and Market Share
Key Competitors
- BXMT
- STWD
- ACRE
- KKR
- TPVG
- ARES
Competitive Landscape
FBRT competes with larger and smaller REITs and financial institutions. Its advantages include its experienced management team and diversified loan portfolio. Its disadvantages include its smaller market capitalization and reliance on external management.
Growth Trajectory and Initiatives
Historical Growth: Historical growth can be assessed by analyzing revenue, earnings, and asset growth over time. Requires specific financial data.
Future Projections: Future growth projections are based on analyst estimates and company guidance. Requires access to analyst reports and company presentations.
Recent Initiatives: Recent strategic initiatives may include new loan originations, acquisitions, capital raising activities, and changes in investment strategy. These details can be found in company press releases and investor presentations.
Summary
Franklin BSP Realty Trust is a CRE debt investor with a diversified loan portfolio. The company benefits from an experienced management team and established origination platform. Challenges include its external management structure and sensitivity to interest rate fluctuations. The company's growth trajectory will depend on its ability to capitalize on the growing demand for CRE debt.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Company Website
- Analyst Reports (FactSet, Bloomberg)
- Industry Publications (e.g., Commercial Property Executive)
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market share estimates are approximate and may vary. Investment decisions should be made after consulting with a qualified financial advisor.
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.
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