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FBRT

BEARISH
$9.14 Live
Franklin BSP Realty Trust, Inc. · NYSE
Target $13.0 (+42.2%)
$8.24 52W Range $11.84

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 27, 2026
Market cap
$703.44M
P/E
14.28
ROE
5.2%
Profit margin
29.2%
Debt/Equity
2.63
Dividend yield
8.75%

AI Analysis

AI-powered fundamental assessment

Confidence
85%
FBRT presents as a classic value trap, characterized by a stable Piotroski F-Score of 4/9 but severely compromised fundamentals. While the stock trades below its Graham Number ($14.45) and Book Value (P/B 0.63), these metrics are overshadowed by a catastrophic earnings collapse (-55% YoY) and a completely unsustainable dividend payout ratio of 221.88%. The divergence between strong revenue growth and plummeting earnings, combined with a 0/4 earnings beat record over the last year, suggests significant operational distress that the market has not yet fully priced in.

Key Strengths

Trading at a significant discount to book value (P/B 0.63)
Strong revenue growth (YoY +49.80%)
High gross and operating margins (99.66% and 47.20%)
Current price is well below the Graham Number ($14.45)
Current ratio (1.36) indicates adequate short-term liquidity

Key Risks

Unsustainable dividend payout ratio (221.88%) indicating a high risk of dividend cut
Severe earnings contraction (-55% YoY and -42% Q/Q)
Consistent failure to meet analyst earnings estimates (0/4 beats in last 4 quarters)
Bearish technical trend (0/100) and negative insider sentiment
High leverage with a Debt/Equity ratio of 2.63
AI Fair Value Estimate
Based on comprehensive analysis
$6.47
-29.2% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
35
Weak
Value
60
Future
20
Past
30
Health
50
Dividend
15
AI Verdict
Value Trap
Key drivers: Earnings collapse, Dividend insolvency, Technical breakdown
Confidence
90%
Value
60/100

Strong asset-based value but poor growth-based value.

Positives
  • P/B 0.63
  • Below Graham Number
Watchpoints
  • Intrinsic value ($4.48) is far below current price
Future
20/100

Revenue growth is not translating to bottom-line profitability.

Positives
  • Strong top-line revenue growth
Watchpoints
  • Negative earnings growth
  • Consistent earnings misses
Past
30/100

Recent performance shows a sharp reversal from previous stability.

Positives
  • Historical periods of earnings beats (2022-2023)
Watchpoints
  • Recent 1-year return of -9.9%
  • Recent 6-month return of -10.5%
Health
50/100

Financial health is mediocre/stable but leveraged.

Positives
  • Piotroski F-Score 4/9 (Stable)
Watchpoints
  • High Debt/Equity (2.63)
  • Lack of Altman Z-Score data
Dividend
15/100

Dividend is fundamentally unsupported by current earnings.

Positives
  • High nominal yield (8.75%)
Watchpoints
  • Payout ratio > 200%
  • Earnings growth is negative

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$9.14
Analyst Target
$13.0
Upside/Downside
+42.2%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for FBRT and closest competitors.

Updated 2026-04-24
FBR
Franklin BSP Realty Trust, Inc.
Primary
5Y
-12.3%
3Y
+3.5%
1Y
-9.9%
6M
-10.5%
1M
+9.5%
1W
+0.1%
ADA
Adamas Trust, Inc.
Peer
5Y
-22.7%
3Y
+23.8%
1Y
+35.5%
6M
+17.6%
1M
-1.4%
1W
-1.5%
AHH
Armada Hoffler Properties, Inc.
Peer
5Y
-16.1%
3Y
-29.6%
1Y
-24.2%
6M
+1.9%
1M
+7.0%
1W
-2.4%
FPH
Five Point Holdings, LLC
Peer
5Y
-30.8%
3Y
+117.5%
1Y
-1.7%
6M
-16.9%
1M
+3.9%
1W
-2.7%
CTO
CTO Realty Growth, Inc.
Peer
5Y
+68.9%
3Y
+51.7%
1Y
+18.9%
6M
+25.2%
1M
+7.4%
1W
-2.0%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
14.28
Forward P/E
7.54
PEG Ratio
N/A
P/B Ratio
0.63
P/S Ratio
2.5
EV/Revenue
18.62
EV/EBITDA
N/A
Market Cap
$703.44M

Profitability

Profit margins and return metrics

Profit Margin 29.18%
Operating Margin 47.2%
Gross Margin 99.66%
ROE 5.21%
ROA 1.39%

Growth

Revenue and earnings growth rates

Revenue Growth +49.8%
Earnings Growth -55.0%
Q/Q Revenue Growth -8.77%
Q/Q Earnings Growth -42.0%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
2.63
High debt
Current Ratio
1.36
Good
Quick Ratio
1.2
Good
Cash/Share
$2.43

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue
$0.1B
Gross Margin
42.9%
Op. Margin
15.1%
Net Margin
14.2%
Total Assets
$6.1B
Liabilities
$4.5B
Equity
$1.4B
Debt/Equity
3.14x
Operating CF
$0.3B
CapEx
$-0.0B
Free Cash Flow
$0.3B
FCF Yield
100%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-04-29
$N/A
2026-02-11
$0.12
-56.0% surprise
2025-10-29
$0.22
-25.4% surprise
2025-07-30
$0.27
-10.0% surprise

Real Estate Sector Comparison

Comparing FBRT against 158 companies in the Real Estate sector (6 bullish, 31 neutral, 121 bearish)
P/E Ratio
14.28
This Stock
vs
42.45
Sector Avg
-66.4% (Discount)
Return on Equity (ROE)
5.21%
This Stock
vs
-35.03%
Sector Avg
-114.9% (Below Avg)
Profit Margin
29.18%
This Stock
vs
11.41%
Sector Avg
+155.9% (Superior)
Debt to Equity
2.63
This Stock
vs
2.5
Sector Avg
+5.2% (Higher)
Revenue Growth
49.8%
This Stock
vs
17600.73%
Sector Avg
-99.7% (Slower)
Current Ratio
1.36
This Stock
vs
8.23
Sector Avg
-83.4% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

ORTALE BUFORD H
Director
Buy
2026-02-18
4,000 shares · $35,290
BYRNE RICHARD J
Chief Executive Officer
Stock Award
2026-01-27
66,841 shares
BAGLIEN JEROME S
Chief Operating Officer
Stock Award
2026-01-27
100,261 shares
COMPARATO MICHAEL
President
Stock Award
2026-01-27
66,841 shares
MCDONOUGH PETER J.
Director
Sell
2025-11-21
1,500 shares · $14,996
Insider transactions can signal confidence or concerns about company prospects

SEC Filings

Recent regulatory filings from the SEC EDGAR database

8-K
FORM 8-K
2026-04-20

Fortress Biotech filed a current report on April 20, 2026, likely announcing its first-quarter financial results.

DEF 14A
DEF 14A
2026-04-17

FBRT filed a definitive proxy statement (DEF 14A) on April 17, 2026, providing shareholders with necessary information to vote on corporate matters at the upcoming annual meeting.

10-K
10-K
2026-02-25

FBRT submitted its annual 10-K filing on February 25, 2026, which includes disclosures regarding its business operations, risk factors, and financial condition. Specific financial highlights and risk details were not provided in the available excerpts.

8-K
8-K
2026-02-11

FBRT filed an 8-K on February 11, 2026, likely to announce its annual financial results or a material corporate update.

8-K
FORM 8-K
2026-02-10
8-K
FORM 8-K
2026-01-21
10-Q
10-Q
2025-11-05

FBRT filed its 10-Q on November 5, 2025. The filing includes a section on risk factors under Item 1A, although specific financial highlights and detailed risk descriptions were not provided in the available excerpts.

8-K
8-K
2025-10-29

Fortress Biotech filed an 8-K on October 29, 2025, likely reporting third-quarter financial results or a material corporate update.

8-K
FORM 8-K
2025-10-17
8-K/A
FORM 8-K/A
2025-08-01

FBRT filed an amendment to a previously submitted Form 8-K on August 1, 2025.

8-K
8-K
2025-07-30
10-Q
10-Q
2025-07-30
8-K/A
FORM 8-K/A
2025-07-30
8-K
FORM 8-K
2025-07-01
8-K
FORM 8-K
2025-06-20
Data sourced from SEC EDGAR. AI summaries generated automatically.

Past News Coverage

Recent headlines mentioning FBRT from our newsroom.

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