Franklin BSP Realty Trust Inc. (FBRT)
Franklin BSP Realty Trust, Inc. (FBRT) Q1 2026 Earnings Call Transcript
Franklin BSP Realty Trust, Inc. (FBRT) Q1 2026 Earnings Call Transcript
Franklin BSP (FBRT) Matches Q1 Earnings Estimates
Franklin BSP (FBRT) came out with quarterly earnings of $0.22 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.31 per share a year ago.
Franklin BSP Realty Trust: Welcoming The Preferred Shares To The 9% Club
FBRT is a CRE REIT created in 2021 following the merger between Capstead Mortgage and Benefit Street Partners Realty. Unlike peers like KREF, only 32% of FBRT's loan book was originated before the 2022 interest rate hikes. The 44% cut to the common dividend (to $0.20/share) was a necessary move to align payouts with actual earnings ($0.12/share in Q4 2025). For FBRT.PR.E, this is a positive.
Franklin BSP Realty Trust: A Dip Buying Opportunity As Portfolio Grows
For my initial rating of FBRT, I called it a buy, agreeing with the latest Wall St consensus. Thursday's market selloff created a major dip-buying opportunity, and drove the dividend yield quite high, which could attract high-yield investors. This mREIT grew its portfolio via new loans, and a business acquisition, while also driving strong profit margins and a low D/E vs key peers.
Franklin BSP (FBRT) Misses Q4 Earnings and Revenue Estimates
Franklin BSP (FBRT) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.3 per share a year ago.
4 Outsized Dividends From 4 Small Cap Stocks
Small-cap stocks have finally started to wake up lately, which could be a bullish sign as we head into 2026. Let's remember that a smaller market capitalization does not necessarily mean a diminutive dividend—today we'll discuss four small caps that yield between 7.1% and 13.3%.
Franklin BSP Realty: As Dividend Yield Expands To 14%, Fears Of A Cut Rise
Franklin BSP Realty has seen its dividend yield expand to 14% as its quarterly payouts are maintained and its common shares pull back from a year ago. The mREIT does not currently cover the dividend but has a substantial liquidity position that has been tapped to maintain distributions. A book value of $14.29 per share at the end of the third quarter means the mREIT is currently changing hands at a 30% discount.
Franklin BSP Realty Trust, Inc. (FBRT) Q3 2025 Earnings Call Transcript
Franklin BSP Realty Trust, Inc. ( FBRT ) Q3 2025 Earnings Call October 30, 2025 9:00 AM EDT Company Participants Lindsey Crabbe - Director of Investor Relations Richard Byrne - Chairman & CEO Jerome Baglien - CFO, COO & Treasurer Michael Comparato - President Conference Call Participants Matthew Erdner - JonesTrading Institutional Services, LLC, Research Division Timothy D'Agostino - B. Riley Securities, Inc., Research Division Christopher Muller - Citizens JMP Securities, LLC, Research Division Presentation Operator Good day, and welcome to the Franklin BSP Realty Trust Third Quarter 2025 Earnings Conference Call.
Franklin BSP Realty Trust, Inc. (FBRT) Discusses On NewPoint Acquisition Overview (Transcript)
Franklin BSP Realty Trust, Inc. (NYSE:FBRT ) NewPoint Acquisition Overview September 15, 2025 11:00 AM EDT Company Participants Lindsey Crabbe - Director of Investor Relations Michael Comparato - President Jerome Baglien - CFO, COO & Treasurer Presentation Lindsey Crabbe Director of Investor Relations Good morning, everyone, and thank you for joining us today. I'm Lindsey Crabbe, and I'm pleased to serve as today's moderator.
Assessing Franklin BSP Realty's Performance For Q2
FBRT's Q2 results were mostly as expected, with minor BV outperformance but a notable earnings/EAD underperformance due to portfolio shrinkage and lower origination. The NewPoint acquisition is a net positive and should help earnings recover, but the path back to covering the dividend is challenging and will take time. Credit risk remains elevated, with more loans added to the watch list and ongoing caution around commercial real estate and multifamily exposure.
Franklin BSP Realty Trust: Near 14% Dividend Yield As Discount To Book Swells
Franklin BSP Realty Trust trades at a 30% discount to GAAP book value following a sustained year-to-date selloff. The mREIT maintains a stable, double-digit dividend yield of 13.5%, supported by a diversified commercial real estate debt portfolio. FBRT's heavy multifamily loan exposure has shielded it from severe office property distress, though Texas multifamily weakness is a risk.
Franklin BSP (FBRT) Q2 Earnings and Revenues Lag Estimates
Franklin BSP (FBRT) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.31 per share a year ago.
