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Franklin BSP Realty Trust, Inc. Stock: price and insider trades · United States
No insider purchase over the last 90 days. The latest, by Buffone Brian, was filed 04 Mar 2026.
Franklin BSP Realty Trust, Inc.: what insiders have been doing
This page follows insider dealings at Franklin BSP Realty Trust, Inc. as filed with SEC (Form 4), a company from the Real Estate sector. From 23 October 2025 to 23 October 2026, the disclosure feed for Franklin BSP Realty Trust, Inc. logged 15 filings by 9 insiders.
On the market, 2 insiders bought (3 purchases totalling €247k) while 1 insider sold (1 sale totalling €13k). On balance, insiders were net buyers of €234k. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Buffone Brian filed the largest purchase, €217k, on 4 March 2026. The buyers include 1 senior executive and 1 chief executive.
In the case of 1 purchase, another manager of the company was buying within the same 30 days. Purchases made close together by different insiders form what is called a cluster. The most recent open-market purchase was published on 4 March 2026, 234 days ago. The median gap between a trade and its publication by SEC (Form 4) is 1 day. US insiders must file a Form 4 within two business days of a trade.
Across the 2,023 companies tracked on its exchange, the median is 41 filings; at 15 filings, this issuer sits below that mark. Over the whole record (from 2016), the tally stands at 14 purchases and 1 sale. On the fundamentals side, the SEC filing (10-K) for the period ending 31 December 2025 lists net income at 82.3 m USD; the dividend was 1.42 USD per share.
Other companies in the same sector with recent insider buying flagged by our signals: Covivio and XIOR. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Insider Decl.
101
Thresholds
n/a
Buy Volume
€2M
14 ops. · all time
Sell Volume
€13,000
1 ops. · all time
Who traded when
BuySaleBuford H. Ortale2 buys
Brian Buffone1 buy
Peter J. McDonough1 sale
Since the insiders bought
- -34.0%Entry US$9.47 · Close 22 Oct 2026 US$6.25
- -31.5%Entry US$9.12 · Close 22 Oct 2026 US$6.25
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate Franklin BSP Realty Trust, Inc. Buy (bullish), based on 3 analysts. Average price target: US$11.67.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Financial data
as of FY 2025FY ended December 2025 · cache
US$5.97
Analyst consensus
3 analystsBuy
US$10.00Target US$11.67(+95%)US$13.00
Income statement
RevenueUS$501M
Gross profitUS$212.7M42% margin
EBITDAUS$94.6M19% margin
Net incomeUS$82.3M21.4% margin
Valuation
PER (trailing)13.6x
PER (forward)5.3x
P/Book0.4x
Beta1.14
Balance sheet & cash
Market capUS$496.1M
Total debtUS$4.3B
Free Cash FlowUS$291.6M
Debt / Equity270%
Profitability & ownership
ROE4.1%
ROA1.1%
% insiders1.5%
% institutions61.8%
Last declaration on 10 June 2026
Declarations101 total
12,835 sharesCommon StockSEC:0001104659-26-072490:0
12,835 sharesCommon StockSEC:0001104659-26-072486:0
12,835 sharesCommon StockSEC:0001104659-26-072489:0
12,835 sharesCommon StockSEC:0001104659-26-072487:0
12,835 sharesCommon StockSEC:0001104659-26-072488:0
27,000 shares@ US$9.4123100.0% of flowCommon StockSEC:0001104659-26-023498:0
Canonical exit: 1 Jun 2026 (T+90)
2,000 shares@ US$8.776.9% of flowCommon StockSEC:0001104659-26-017606:1
Canonical exit: 19 May 2026 (T+90)
2,000 shares@ US$8.889.5% of flowCommon StockSEC:0001104659-26-017606:0
Canonical exit: 18 May 2026 (T+90)
27,264 shares@ US$10.1729.9% of flowCommon StockSEC:0001104659-26-007469:1
28,584 shares@ US$10.1732.0% of flowCommon StockSEC:0001104659-26-007464:1
41,207 shares@ US$10.1728.8% of flowCommon StockSEC:0001104659-26-007468:1
100,261 shares0Common StockSEC:0001104659-26-007469:0
66,841 shares0Common StockSEC:0001104659-26-007468:0
66,841 shares0Common StockSEC:0001104659-26-007464:0
1,500 shares@ US$9.997100.0% of flowCommon StockSEC:0001123292-25-000670:0
10,036 shares0Common StockSEC:0001104659-25-055632:0
10,036 shares0Common StockSEC:0001104659-25-055630:0
10,036 shares0Common StockSEC:0001104659-25-055628:0
10,036 shares0Common StockSEC:0001104659-25-055625:0
10,036 shares0Common StockSEC:0001104659-25-055624:0
10,036 shares0Common StockSEC:0001104659-25-055623:0
23,113 shares@ US$12.4435.9% of flowCommon StockSEC:0001104659-25-007203:1
91,255 shares0Common StockSEC:0001104659-25-007195:0
106,969 shares0Common StockSEC:0001104659-25-007191:0
136,882 shares0Common StockSEC:0001104659-25-007203:0
25 of 101 declarations
About Franklin BSP Realty Trust, Inc.
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) is a U.S.-based real estate finance company listed on the NYSE in the United States. For international investors, FBRT is best understood as a REIT focused on commercial real estate credit rather than a traditional property owner. Its core model is to originate, acquire, and manage a diversified portfolio of commercial real estate debt investments secured by properties located within and outside the United States. The company is organized as a Maryland corporation and has elected REIT status for U.S. federal income tax purposes since 2013, which supports a distribution-oriented capital structure and an active balance-sheet management approach.
The company’s roots go back to Benefit Street Partners Realty Trust, Inc., and it adopted the Franklin BSP Realty Trust name in connection with its rebranding and combination with Capstead Mortgage in 2021. That transaction broadened the platform and strengthened its commercial real estate finance franchise. More recently, FBRT completed a major strategic move in 2025 by acquiring NewPoint Holdings JV LLC, adding agency lending and servicing capabilities. Management has described that deal as a way to build a more integrated platform and create a broader “one-stop shop” offering for clients.
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FBRT now operates through two primary business units. The Commercial Real Estate Financing platform includes first mortgages, subordinate mortgages, mezzanine loans, participations, and select conduit activities tied to CMBS securitization. The Agency Business, built around NewPoint, expands the firm into agency/FHA lending and servicing, with a strong link to multifamily finance and other agency-backed property financing. The company also retains exposure to real estate owned assets when foreclosures or deed-in-lieu outcomes result in property ownership.
From a competitive standpoint, FBRT sits at the intersection of commercial mortgage lending, real estate credit investing, and loan servicing. Its strategic appeal lies in combining origination, asset management, and now servicing under one platform, which can improve client retention, operating leverage, and revenue diversification. At the same time, the business remains sensitive to interest-rate cycles, credit spreads, collateral values, refinancing conditions, and broader commercial real estate market stress.
Geographically, FBRT is primarily U.S.-focused, though it does maintain investments secured by properties inside and outside the country. The company is headquartered in New York. Recent highlights include its February 2026 fourth-quarter and full-year 2025 results, which emphasized the integration of NewPoint, continued build-out of the agency platform, and progress in working through legacy assets from prior vintages. In 2026, the company also reauthorized its share repurchase program, signaling an ongoing focus on capital allocation and shareholder returns.
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