Franklin BSP Realty (FBRT) vs KKR Real Estate Finance (KREF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
KKR Real Estate Finance (KREF) has outperformed Franklin BSP Realty (FBRT) over the past year, losing 25.9% versus a loss of 41.8%. Franklin BSP Realty is the larger company by market cap ($519.9 million vs $373.1 million), about 1.4 times the size. On valuation, Franklin BSP Realty trades at a lower forward P/E (5.6x vs 182.0x for KKR Real Estate Finance).
Franklin BSP Realty offers the higher dividend yield (17.73% vs 13.34%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FBRT | KREF |
|---|---|---|
| Share price | $6.26 | $6.37 |
| Market cap | $519.86M | $373.14M |
| 1-day change | +1.95% | +2.25% |
| YTD return | -37.59% | -22.51% |
| 1-year return | -41.77% | -25.93% |
| 5-year return | — | -71.05% |
| P/E ratio (TTM) | 14.23 | — |
| Forward P/E | 5.57 | 182.00 |
| EPS (TTM) | $0.44 | $-3.26 |
| Dividend yield | 17.73% | 13.34% |
| Annual dividend | $1.11 | $0.85 |
| 52-week high | $10.88 | $9.11 |
| 52-week low | $6.03 | $5.25 |
| Distance from 52-week high | -42.46% | -30.04% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +86.42% | +21.66% |
| Average volume | 1.81M | 940.84K |
| Shares outstanding | 83.05M | 58.58M |
| Employees | 252 | — |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- KREF has outperformed FBRT by 15.8 percentage points over the past year.
- Franklin BSP Realty offers a meaningfully higher dividend yield (17.73% vs 13.34%).
About Franklin BSP Realty
FBRT stock →Franklin BSP Realty Trust, Inc., a real estate finance company, originates and manages a diversified portfolio of commercial real estate debt investments through a REIT structure in the United States and internationally. The company operates through Real Estate Debt Business; Agency Business; Commercial Real Estate Conduit Business; and Real Estate Owned Business segments.
Real Estate · Real Estate Investment Trusts · 252 employees
About KKR Real Estate Finance
KREF stock →KKR Real Estate Finance Trust Inc., a mortgage real estate investment trust, focuses primarily on originating and acquiring transitional senior loans secured by commercial real estate (CRE) assets in the United States. It engages in the origination and purchase of credit investments related to CRE, including leveraged and unleveraged commercial real estate loans.
Real Estate · Real Estate Investment Trusts
FBRT vs KREF FAQ
Which is bigger, Franklin BSP Realty or KKR Real Estate Finance?
Franklin BSP Realty (FBRT) is larger, with a market capitalization of $519.86M compared with $373.14M for KKR Real Estate Finance (KREF).
Which stock has performed better over the past year, FBRT or KREF?
KREF returned -25.93% over the past 12 months, compared with -41.77% for FBRT (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Franklin BSP Realty or KKR Real Estate Finance?
Franklin BSP Realty has the higher yield at 17.73%, compared with 13.34% for KKR Real Estate Finance.
Are Franklin BSP Realty and KKR Real Estate Finance in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.