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Franklin BSP Realty Trust, Inc.

FBRTReal EstateNASDAQ

REIT - Mortgage

PriceMA150MA200
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Financials · Annual
Revenue
$501.0M
-8.7% YoY
Net Income
$82.3M
-14.2% YoY
EBITDA
$94.6M
-18.7% YoY

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About Franklin BSP Realty Trust, Inc.

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. The company carries a $667.3M market cap, placing it firmly in the small-cap category. The company operates through Real Estate Debt Business; Agency Business; Commercial Real Estate Conduit Business; and Real Estate Owned Business segments.

Key stats
Market Cap$667.3M
P/E (TTM)17.00
Fwd P/E7.20
EPS$0.51
Beta1.12
52W Change-20.0%
Dividend Yield9.23%
ROE4.6%
Analysis

On the balance sheet, FBRT has $145.7M in cash with $4.59B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Return on equity stands at 4.6%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.2% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $367.4M to $501.0M.

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Franklin BSP Realty Trust, Inc. and its sector.

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