Franklin BSP Realty Trust, Inc. (FBRT)Real Estate | REIT - Mortgage | New York, United States | NYSE
9.13 USD
+0.31
(3.515%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 9.20 +0.07 (0.767%) ⇧ (April 17, 2026, 6:40 p.m. EDT) Short-term: ★☆☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 19, 2026, 12:02 a.m. EDT
Franklin has negative autocorrelation in their price model suggesting a lack of mean reversion and slight downward pressure, yet is trading at a 9% yield where payouts cover only 2% of earnings. The massive disconnect between the tiny payout ratio and the law firms aggressively chasing the stock for a securities fraud class action lawsuit makes the 'yield' a trap. The options flow is bullish on paper, but it likely reflects a capitulation at lows before the inevitable earnings miss and dividend cut due to the fraudulent claims. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.113808 |
| AutoETS | 0.113838 |
| AutoARIMA | 0.114443 |
| MSTL | 0.115550 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 54% |
| H-stat | 2.89 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.056 |
| Excess Kurtosis | -0.49 |
| Attribute | Value |
|---|---|
| Sector | Real Estate |
| Ex Dividend Date | 2026-03-30 |
| Last Dividend Date | 2026-03-30 |
| Debt to Equity Ratio | 262.593 |
| Revenue per Share | 3.44 |
| Market Cap | 745,068,352 |
| Trailing P/E | 14.27 |
| Forward P/E | 7.53 |
| Beta | 1.15 |
| Profit Margins | 29.18% |
| Previous Name | Benefit Street Partners Realty Trust, Inc. |
| Website | https://www.fbrtreit.com |
As of April 19, 2026, 12:02 a.m. EDT: Options flow is heavily skewed toward calls with a massive disparity in positioning. In the near term (May 15 QM 2026), ATM and ITM call volume/OI is substantial (424 total vol vs 5 put vol), while put activity is negligible. Sellers appear to have placed significant OI at higher strikes (11.0), indicating a moderate bullish bias among sophisticated sellers, yet the net speculative volume is overwhelmingly directional long. Open Interest in calls suggests a death spiral scenario on puts versus a structured bullish position on calls.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 2.36% | 13.08% | 13.30% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-31 | 0.200 | 2.355713 |
| 2025-12-31 | 0.355 | 3.624361 |
| 2025-09-30 | 0.355 | 3.465191 |
| 2025-06-30 | 0.355 | 3.635318 |
| 2025-03-31 | 0.355 | 3.151798 |
| 2024-12-31 | 0.355 | 3.292104 |
| 2024-09-30 | 0.355 | 3.253346 |
| 2024-06-28 | 0.355 | 3.463605 |
| 2024-03-27 | 0.355 | 3.411658 |
| 2023-12-28 | 0.355 | 3.331074 |
| 2023-09-28 | 0.355 | 3.485678 |
| 2023-06-29 | 0.355 | 3.439353 |
| 2023-03-30 | 0.355 | 4.334664 |
| 2022-12-29 | 0.355 | 3.983616 |
| 2022-09-29 | 0.355 | 4.949883 |
| 2022-06-29 | 0.355 | 4.061920 |
| 2022-03-30 | 0.355 | 4.029579 |
| 2021-12-30 | 0.285 | 3.047921 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.18772244 |
| Address1 | 1 Madison Avenue |
| Address2 | Suite 1600 |
| All Time High | 17.74 |
| All Time Low | 8.24 |
| Ask | 9.25 |
| Ask Size | 800 |
| Audit Risk | 4 |
| Average Analyst Rating | 1.6 - Buy |
| Average Daily Volume10 Day | 615,770 |
| Average Daily Volume3 Month | 1,084,445 |
| Average Volume | 1,084,445 |
| Average Volume10Days | 615,770 |
| Beta | 1.145 |
| Bid | 8.65 |
| Bid Size | 500 |
| Board Risk | 6 |
| Book Value | 14.503 |
| City | New York |
| Compensation Risk | 6 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 9.13 |
| Current Ratio | 1.365 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 9.16 |
| Day Low | 8.89 |
| Debt To Equity | 262.593 |
| Display Name | Franklin BSP Realty Trust |
| Dividend Date | 1,775,779,200 |
| Dividend Rate | 0.8 |
| Dividend Yield | 8.76 |
| Earnings Call Timestamp End | 1,777,554,000 |
| Earnings Call Timestamp Start | 1,777,554,000 |
| Earnings Growth | -0.55 |
| Earnings Quarterly Growth | -0.42 |
| Earnings Timestamp | 1,777,492,800 |
| Earnings Timestamp End | 1,777,492,800 |
| Earnings Timestamp Start | 1,777,492,800 |
| Ebitda Margins | 0.0 |
| Enterprise To Revenue | 18.581 |
| Enterprise Value | 5,238,367,744 |
| Eps Current Year | 1.12 |
| Eps Forward | 1.2125 |
| Eps Trailing Twelve Months | 0.64 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,774,915,200 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 9.0162 |
| Fifty Day Average Change | 0.11380005 |
| Fifty Day Average Change Percent | 0.012621731 |
| Fifty Two Week Change Percent | -18.772243 |
| Fifty Two Week High | 11.86 |
| Fifty Two Week High Change | -2.7299995 |
| Fifty Two Week High Change Percent | -0.23018546 |
| Fifty Two Week Low | 8.24 |
| Fifty Two Week Low Change | 0.89000034 |
| Fifty Two Week Low Change Percent | 0.108009756 |
| Fifty Two Week Range | 8.24 - 11.86 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,634,650,200,000 |
| Float Shares | 79,735,923 |
| Forward Eps | 1.2125 |
| Forward P E | 7.529897 |
| Full Exchange Name | NYSE |
| Full Time Employees | 223 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.99663 |
| Gross Profits | 280,969,984 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.02017 |
| Held Percent Institutions | 0.63557 |
| Implied Shares Outstanding | 81,606,608 |
| Industry | REIT - Mortgage |
| Industry Disp | REIT - Mortgage |
| Industry Key | reit-mortgage |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,774,915,200 |
| Last Dividend Value | 0.2 |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | 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 and internationally. The company operates through Real Estate Debt Business; Agency Business; Commercial Real Estate Conduit Business; and Real Estate Owned Business segments. The Real Estate Debt Business focuses on originating, acquiring, and asset managing commercial real estate debt investments, including first mortgages, subordinate mortgages, mezzanine loans, and participations in such loans and focuses on investing in and asset managing real estate securities. The Agency Business focuses on originating, selling, and servicing loans under programs offered by government-sponsored enterprises and agencies. The Commercial Real Estate Conduit Business is focused on generating risk-adjusted returns by originating and selling fixed-rate commercial real estate loans. The Real Estate Owned Business represents real estate acquired by the company through foreclosure, deed-in-lieu of foreclosure, and purchase. It also originates conduit loans. Franklin BSP Realty Trust, Inc. was formerly known as Benefit Street Partners Realty Trust, Inc. and changed its name to Franklin BSP Realty Trust, Inc. in October 2021. Franklin BSP Realty Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York. |
| Long Name | Franklin BSP Realty Trust, Inc. |
| Market | us_market |
| Market Cap | 745,068,352 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_226559957 |
| Most Recent Quarter | 1,767,139,200 |
| Name Change Date | 2,026-04-19 |
| Net Income To Common | 53,212,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 739,217,690 |
| Number Of Analyst Opinions | 4 |
| Open | 8.91 |
| Operating Cashflow | 291,940,000 |
| Operating Margins | 0.47195998 |
| Overall Risk | 5 |
| Payout Ratio | 2.2188 |
| Phone | 212 588 6770 |
| Post Market Change | 0.069999695 |
| Post Market Change Percent | 0.76669985 |
| Post Market Price | 9.2 |
| Post Market Time | 1,776,465,600 |
| Prev Name | Benefit Street Partners Realty Trust, Inc. |
| Previous Close | 8.82 |
| Price Eps Current Year | 8.151786 |
| Price Hint | 2 |
| Price To Book | 0.62952495 |
| Price To Sales Trailing12 Months | 2.6428268 |
| Profit Margins | 0.29182 |
| Quick Ratio | 1.204 |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.6 |
| Region | US |
| Regular Market Change | 0.31 |
| Regular Market Change Percent | 3.51474 |
| Regular Market Day High | 9.16 |
| Regular Market Day Low | 8.89 |
| Regular Market Day Range | 8.89 - 9.16 |
| Regular Market Open | 8.91 |
| Regular Market Previous Close | 8.82 |
| Regular Market Price | 9.13 |
| Regular Market Time | 1,776,456,002 |
| Regular Market Volume | 610,640 |
| Return On Assets | 0.013940001 |
| Return On Equity | 0.05205 |
| Revenue Growth | 0.498 |
| Revenue Per Share | 3.44 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Real Estate |
| Sector Disp | Real Estate |
| Sector Key | real-estate |
| Share Holder Rights Risk | 5 |
| Shares Outstanding | 80,965,793 |
| Shares Percent Shares Out | 0.071100004 |
| Shares Short | 5,753,139 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 4,883,041 |
| Short Name | Franklin BSP Realty Trust, Inc. |
| Short Percent Of Float | 0.1013 |
| Short Ratio | 4.4 |
| Source Interval | 15 |
| State | NY |
| Symbol | FBRT |
| Target High Price | 16.0 |
| Target Low Price | 11.0 |
| Target Mean Price | 13.0 |
| Target Median Price | 12.5 |
| Total Cash | 196,518,000 |
| Total Cash Per Share | 2.427 |
| Total Debt | 4,257,231,104 |
| Total Revenue | 281,920,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 1.42 |
| Trailing Annual Dividend Yield | 0.16099773 |
| Trailing Eps | 0.64 |
| Trailing P E | 14.265626 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 10.23535 |
| Two Hundred Day Average Change | -1.1053495 |
| Two Hundred Day Average Change Percent | -0.107993335 |
| Type Disp | Equity |
| Volume | 610,640 |
| Website | https://www.fbrtreit.com |
| Zip | 10,010 |