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
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 48.9% |
| Our one-year growth estimate | diamond | -0.8% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to the broad stock market and real (inflation-adjusted) rates.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 49.7 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Elevated risk of a next-quarter earnings miss: this name is on a run of consecutive earnings misses and has been missing across recent quarters. A fundamental tilt, not a price call.
Model as of 2026-11-05 · Compared with 25 industry peers · Company calendar date is not available
FBRT — earnings miss
Dated 2026-10-28
Results of Operations and Financial Condition. On October 28, 2026, Franklin BSP Realty Trust, Inc. (the “Company”) issued a press release and supplemental slide presentation reporting the Company’s financial results for the quarter ended September 30, 2026. Copies of the press release and supplemental slide presentation are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated herein by reference. The information in this Item 2.02 (including Exhibits 99.1 and 9…
Why it matters: Q3 repurchases added $0.55 to book value per share. Further repurchases can support book value if they remain accretive.
Supportive ifA later report shows repurchases below book value that add to fully converted book value per share.
Worry ifThe company reports no share buybacks, or buybacks that do not raise book value per share on a fully converted basis.
Why it matters: Q3 had a $43.1 million credit loss charge and 13 loans on the watch list. A lower charge may show less pressure from troubled loans.
Supportive ifQ4 credit loss charges are below $43.1 million, and the watch list falls below 13 loans or $333.6 million.
Worry ifQ4 credit loss charges reach or exceed $43.1 million, or the watch list grows beyond 13 loans or $333.6 million.
Why it matters: FBRT reported $407.2 million of total liquidity in Q3, down from $796.7 million in Q2. A further drop could limit room to manage loans and fund commitments.
Worry ifQ4 total cash and available funds fall below $407.2 million.
Less concerning ifQ4 total liquidity stays at or above $407.2 million.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$129 on $10,000 · ±1.3% | How much price usually moves either way. |
| Bad day | $329 loss on $10,000 · 3.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,244 loss on $10,000 · 42.4% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.