Franklin BSP Realty Trust, Inc. (FBRT)
NYSEReal EstateReit - MortgageSnapshot 2026-11-05
$6.28-2.33%
Close 2026-11-05 · 1-day change
NYSEReal EstateReit - MortgageSnapshot 2026-11-05
QuarterlyIQ Insights · FBRT
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 1 guided quarters · 41.7% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
During the third quarter, FBRT increased fully converted book value (1) per share and continued to execute on its key priorities, including accretive share repurchases, resolving legacy assets and gr…
Stated in 3 of 4 supplied quarters. Management reported: “During the third quarter, FBRT increased fully converted book value (1) per share and continued to execute on its key priorities, including accretive share repurchases, resolving legacy assets and growing the contribution from its Agency Business.” “During the second quarter, FBRT increased GAAP book value per share, generated distributable earnings that exceeded its quarterly dividend, continued repurchasing common stock and made further progress resolving legacy assets.” Revenue was $74.937 million in 2026-Q3.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Real Estate names rated weak grew net income 55% of the time over the next year (vs 54% for the rest of the cohort, n=2781).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“During the third quarter, FBRT increased fully converted book value (1) per share and continued to execute on its key priorities, including accretive share repurchases, resolving legacy assets and gr…”
“During the second quarter, FBRT increased GAAP book value per share, generated distributable earnings that exceeded its quarterly dividend, continued repurchasing common stock and made further progre…”
“First Quarter 2026 Summary • GAAP net income of $12.3 million or $0.07 per diluted common share • Distributable Earnings (a non-GAAP financial measure) of $13.5 million, or $0.09 per diluted common s…”
During the third quarter, FBRT increased fully converted book value (1) per share and continued to execute on its key priorities, including accretive share repurchases, resolving legacy assets and gr…
Stated in 3 of 4 supplied quarters. Management reported: “• On July 28, 2026, the Board of Directors reauthorized the Company’s share repurchase program, making $50.0 million available for repurchases through December 31, 2026 Portfolio and Investment Activity Core portfolio : For the quarter ended June 30, 2026, the Company closed $166.7 million of new loan commitments, funded $248.4 million of principal balance on new and existing loans, and received loan repayments of $457.7 million.” “Subsequent to quarter end, the Board of Directors reauthorized the Company's share repurchase program, again providing $50.0 million available for future share repurchases through December 31, 2026.”
“During the third quarter, FBRT increased fully converted book value (1) per share and continued to execute on its key priorities, including accretive share repurchases, resolving legacy assets and gr…”
“• On July 28, 2026, the Board of Directors reauthorized the Company’s share repurchase program, making $50.0 million available for repurchases through December 31, 2026 Portfolio and Investment Activ…”
“Subsequent to quarter end, the Board of Directors reauthorized the Company's share repurchase program, again providing $50.0 million available for future share repurchases through December 31, 2026.”
During the third quarter, FBRT increased fully converted book value (1) per share and continued to execute on its key priorities, including accretive share repurchases, resolving legacy assets and gr…
Stated in 1 of 4 supplied quarters. Management reported: “During the third quarter, FBRT increased fully converted book value (1) per share and continued to execute on its key priorities, including accretive share repurchases, resolving legacy assets and growing the contribution from its Agency Business.” “Subsequent to quarter end, the Board of Directors reauthorized the Company's share repurchase program, again providing $50.0 million available for future share repurchases through December 31, 2026.”
“During the third quarter, FBRT increased fully converted book value (1) per share and continued to execute on its key priorities, including accretive share repurchases, resolving legacy assets and gr…”
Allocate capital prudently as part of the company's stated strategy and portfolio management approach.
Continue declaring a quarterly common dividend at a level informed by distributable earnings and the board's stated priorities.
Over the trailing year it converted 1.29x of net income into operating cash flow. Historically, Real Estate names rated fragile grew net income 31% of the time over the next year (vs 60% for the rest of the cohort, n=2193).
Most sensitive to the broad stock market and real (inflation-adjusted) rates.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity (low R² over the window).
14 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Real Estate names rated neutral grew net income 56% of the time over the next year (vs 55% for the rest of the cohort, n=3851).
Not investment advice. As of 2026-11-05.