Stocks · Real Estate · REIT - Mortgage
Franklin BSP Realty Trust, Inc. FBRT
$6.17 -1.59% Close, Oct 5, 2026 · NYSE · Market cap $520.7M
Weak trend
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $0.44, down 54.5% year over year.
- Net debt is 15.0× EBITDA, a high level of leverage.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 48%
- EPS growth (TTM, YoY)Bottom 21%
- FCF growth (TTM, YoY)Bottom 45%
- Revenue growth, 3-year CAGRTop 18%
- Revenue growth accelerationTop 11%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 50%
- Gross marginTop 15%
- Operating marginTop 21%
- Cash conversion (OCF / net income)Top 37%
- Accruals (lower is better)Bottom 30%
- Net debt / EBITDA (lower is better)Bottom 19%
- Interest coverBottom 32%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 16%
- Free-cash-flow yieldTop 7%
- EBITDA / enterprise valueBottom 45%
- Sales / enterprise valueTop 42%
- P/E vs own 5-year history (lower is better)Bottom 32%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 19%
- 6-month returnBottom 11%
- 1-year return vs S&P 500Bottom 11%
- Distance from 52-week highBottom 13%
- Trend checklist (0–4)Bottom 23%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 22%
- Consecutive EPS beatsBottom 48%
- Share of analysts rating BuyTop 1%
- Upside to consensus price targetTop 12%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 21%
- Maximum drawdown, 3 yearsBottom 21%
- Beta vs S&P 500 (lower is better)Top 43%
- Net debt / EBITDA (lower is better)Bottom 19%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 0.5% | 7.3% | ↑ |
| EPS growth (YoY) | -23.6% | -54.5% | ↓ |
| Gross margin | 23.7% | 79.6% | ↑ |
| Operating margin | 43.9% | 44.5% | ↑ |
| FCF margin | 32.8% | 28.3% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 7.3% | 0.5% | ↑ | Top 48% |
| EPS growth (TTM, YoY) | -54.5% | -23.6% | ↓ | Bottom 21% |
| Gross margin | 79.6% | 23.7% | ↑ | Top 15% |
| Operating margin | 44.5% | 43.9% | ↑ | Top 21% |
| Net margin | 11.5% | 16.0% | ↓ | — |
| Free-cash-flow margin | 28.3% | 32.8% | ↓ | — |
| Return on invested capital | 3.8% | — | Bottom 50% | |
| Revenue growth, 3-year CAGR | 14.8% | — | Top 18% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.47×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.7%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +2.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 14.96×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 25.06%
- Net buyback yield (TTM)
- 13.48%
- Shareholder yield
- 38.54%
- Share count change, 1 year
- +3.1%
- Share count change, 3-year CAGR
- +1.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 29, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- -33.1%
- Average 2-day reaction, last 8
- -0.9%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $10.00
- Target vs current price
- +62.1%
- Analysts with a rating
- 4
- Share rating Buy or Strong Buy
- 100%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | +5.9% | -2.8% | -0.8% | +9.4% | — |
| Apr 29, 2026 | -59.1% | -2.4% | -0.8% | -6.3% | -15.0% |
| Feb 11, 2026 | -53.8% | -1.0% | -15.3% | -11.4% | -11.8% |
| Oct 29, 2025 | -25.4% | -0.5% | -5.2% | -3.5% | -5.0% |
| Jul 30, 2025 | -12.9% | -1.4% | +6.6% | +11.0% | +6.2% |
| Apr 28, 2025 | +3.3% | +0.1% | -1.5% | -6.6% | -8.3% |
| Feb 13, 2025 | +11.1% | +1.2% | +2.6% | +2.0% | -12.1% |
| Nov 4, 2024 | -138.5% | -0.2% | +2.1% | +0.9% | -1.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $0.25 | $0.24 | +5.9% | $65.3M |
| Apr 29, 2026 | $0.09 | $0.22 | -59.1% | $74.4M |
| Feb 11, 2026 | $0.12 | $0.26 | -53.8% | $81.1M |
| Oct 29, 2025 | $0.22 | $0.30 | -25.4% | $89.5M |
| Jul 30, 2025 | $0.27 | $0.31 | -12.9% | $119.5M |
| Apr 28, 2025 | $0.31 | $0.30 | +3.3% | $50.1M |
| Feb 13, 2025 | $0.30 | $0.27 | +11.1% | $135.4M |
| Nov 4, 2024 | -$0.10 | $0.26 | -138.5% | $139.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 14.0× | 12.3× | 56th | Top 16% |
| P/E (forward) | 7.3× | — | — | — |
| EV / EBITDA | 16.9× | — | — | Bottom 45% |
| EV / Sales | 8.15× | — | — | Top 42% |
| Free-cash-flow yield | 30.30% | — | — | Top 7% |
| Earnings yield | 7.16% | — | — | Top 16% |
P/E over the past five years
Range 6.8× – 17.5× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -43.8%
- Earnings per share growth (TTM)
- -54.5%
- Change in P/E multiple
- +64.0%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -3.4%
- 200-day average slope (20 days)
- -3.4%
- Distance from 50-day average
- -20.5%
- Distance from 200-day average
- -29.4%
- RSI (14)
- 21.2
- Relative volume
- 0.65×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 33.2%
- Volatility vs own 5-year history
- 77th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.53
- Correlation with S&P 500
- 0.33
- Current drawdown from 1-year high
- -44.2%
- Maximum drawdown, 3 years
- -57.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 12, 2021 | Oct 5, 2026 | -64.0% | 1226 days | Not yet recovered |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $520.7M
- P/E (TTM)
- 14.0
- EPS, diluted (TTM)
- $0.44
- Revenue (TTM)
- $556.9M
- Dividend yield
- 15.48%
- 52-week range
- $6.11 – $11.20
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $221.6M | $367.4M | $569.5M | $548.9M | $556.0M |
| Gross profit | $160.8M | $201.7M | $263.9M | $210.5M | $512.3M |
| Operating income | $165.0M | $52.3M | $154.8M | $115.4M | $380.4M |
| Net income | $25.7M | $14.4M | $145.2M | $68.9M | $82.3M |
| EPS (diluted) | -$0.18 | -$0.38 | $1.42 | $0.82 | $0.64 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $139.6M | $135.4M | $124.5M | $119.5M | $136.6M | $145.0M | $133.8M | $141.5M |
| Net income | $31.6M | $4.0M | $24.1M | $23.2M | $17.3M | $19.3M | $12.0M | $15.6M |
| EPS (diluted) | $0.30 | $0.28 | $0.20 | $0.19 | $0.12 | $0.13 | $0.07 | $0.12 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $146.5M | $152.5M | $197.4M | $57.2M | $291.9M |
| Capital expenditure | $2.88B | -$663,000 | $0 | $0 | -$360,000 |
| Free cash flow | $3.03B | $151.9M | $197.4M | $57.2M | $291.9M |
| Dividends paid | -$68.0M | -$139.4M | -$144.3M | -$144.9M | -$145.6M |
| Net share buybacks | -$11.4M | -$16.6M | -$12.5M | -$4.9M | -$14.4M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $155.0M
- Total assets
- $6.38B
- Total liabilities
- $4.83B
- Total debt
- $4.18B
- Net debt
- $4.02B
- Shareholders’ equity
- $1.46B
As of Jun 30, 2026 (filed Jul 29, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 30, 2026 | $0.20 | Oct 13, 2026 |
| Jun 30, 2026 | $0.20 | Jul 10, 2026 |
| Mar 31, 2026 | $0.20 | Apr 10, 2026 |
| Dec 31, 2025 | $0.36 | Jan 12, 2026 |
| Sep 30, 2025 | $0.36 | Oct 10, 2025 |
| Jun 30, 2025 | $0.36 | Jul 10, 2025 |
| Mar 31, 2025 | $0.36 | Apr 10, 2025 |
| Dec 31, 2024 | $0.36 | Jan 10, 2025 |
Short interest
- Shares sold short
- 7,281,676
- Days to cover
- 3.43
- Change vs previous report
- +0.7%
FINRA short interest, settlement date Sep 15, 2026.