Franklin BSP Realty Trust, Inc. (FBRT) is a Real Estate stock trading at $8.39 (as of 2026-08-21), with a market capitalization of $697.17M and a trailing P/E of 12.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Franklin BSP Realty Trust, Inc. originates, acquires, and manages a portfolio of U.S. commercial real estate debt, and also originates conduit loans. The company invests in commercial real estate securities and in real estate acquired through foreclosure or deed in lieu of foreclosure, and it holds various types of debt investments including first mortgage, mezzanine, and bridge loans, qualifying as a real estate investment trust.
Franklin BSP Realty Trust finances commercial real estate debt (originates and manages loans, originates conduit loans, invests in commercial real estate securities, and holds real estate acquired through foreclosure). It makes money through its commercial real estate lending and investing activities, including servicing-related activity reflected in its mortgage servicing portfolio and loan commitments.
The profit model is structurally tied to scaling and earning on a mortgage servicing portfolio and generating new loan commitments, then supplementing results with income from real estate owned (from foreclosure or deed in lieu).
| Servicing port. | $0.1B |
| Loan commits | $0.0B |
| RE owned | $0.0B |
| Servicing rev. | $0.0B |
| Other | $0.0B |
Business quality (Solid): The provided segment and KPI figures use very large “mortgage servicing portfolio” amounts versus total quarterly revenue of about $0.1B, so the segment revenue candidates likely represent different underlying measures (for example balances versus revenue), making exact revenue attribution less clear from this dataset.
Valuation: At 17× earnings, FBRT trades 51% below the Trading average (34×). Note: one-time items can distort reported P/E.
| Price | $8.39 |
| Market Cap | $697.17M |
| P/E Ratio | 12.3 |
| Price / Book | 0.48 |
| Price / Sales | 2.30 |
| DCF Value (model) | $52.21 |
| DCF Upside vs Price | 521.9% |
| Revenue (TTM) | $270.07M |
| Net Margin | 30.5% |
| Revenue Growth (YoY) | 28.3% |
| EPS Growth (YoY) | -20.7% |
| Stock P/E | 12.3 |
| Sector P/E (Real Estate) | 27.2 |
| Industry P/E (Trading) | 35.3 |
| vs Sector | -54.9% |
| vs Industry | -65.3% |
| Top Institutional Holder | BlackRock, Inc. ($111.40M) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 2 |
| Sector | Real Estate |
| Industry | Trading |
| CEO | Michael Comparato |
| Country | US |
| IPO Date | 2021-10-19 |
Data as of 2026-08-21.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.