Franklin BSP Realty Trust, Inc. (the Company ), is a real estate finance company, formed as a Maryland corporation, that has elected to be treated as a real estate investment trust ( REIT ) for U.S. federal income tax purposes since 2013. Substantially all of the Company s business is conducted through FBRT OP LLC, a Delaware limited liability company (the OP ) and to its subsidiaries.
$8.16
$0.09 (-1.09%)
EOD Jul 17, 2026
Revenue grew 20.9%, still solid.
Even for strong businesses, today's 16x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
16.0x earnings. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$289M
▲ +20.9% YoY
Net Income (TTM)
$70M
▼ -14.2% YoY
Op. Margin
—
ROIC
—
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
$122M
▲ +410.1% YoY
Net Debt
$2.56B
Cash & Equiv.
$116M
5Y CAGR: +21.0%
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At a P/E of 16.0, Franklin BSP Realty Trust (FBRT)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Franklin BSP Realty Trust scores 45/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 22.3%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Franklin BSP Realty Trust scores 45 out of 100 on Intrinsiqq's quality score, a weighted blend of 5 metrics each scored 0 to 100, which makes it a mixed business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Franklin BSP Realty Trust pays a regular dividend of about $1.82 per share per year (typically in quarterly installments), a yield of roughly 22.3% at the current price. That is a payout ratio of about 207.0% of earnings, so the dividend is stretched at this level. Franklin BSP Realty Trust has grown the dividend at roughly 21.0% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For FBRT's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. you should weigh FBRT's valuation and scores 45/100 on quality (mixed). It also yields about 22.3%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.