Franklin Street Properties Corp. (FSP)

NYSEAMERICAN: FSP · IEX Real-Time Price · USD
2.56
0.00 (0.00%)
Dec 29, 2023, 4:00 PM EST - Market closed
0.00%
Market Cap 264.78M
Revenue (ttm) 152.15M
Net Income (ttm) -54.57M
Shares Out 103.43M
EPS (ttm) -0.53
PE Ratio n/a
Forward PE 84.49
Dividend $0.04 (1.56%)
Ex-Dividend Date Oct 19, 2023
Volume 466,396
Open 2.57
Previous Close 2.56
Day's Range 2.54 - 2.61
52-Week Range 1.13 - 3.19
Beta 0.92
Analysts Strong Buy
Price Target 2.50 (-2.34%)
Earnings Date Feb 13, 2024

About FSP

Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes. [Read more]

Industry REIT - Office
Sector Real Estate
CEO George John Carter
Employees 28
Stock Exchange NYSEAMERICAN
Ticker Symbol FSP
Full Company Profile

Financial Performance

In 2022, FSP's revenue was $165.62 million, a decrease of -20.89% compared to the previous year's $209.36 million. Earnings were $1.09 million, a decrease of -98.82%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for FSP stock is "Strong Buy" and the 12-month stock price forecast is $2.5.

Price Target
$2.5
(-2.34% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Franklin Street Properties Corp. Announces Third Quarter 2023 Results

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the thi...

7 weeks ago - Business Wire

Franklin Street Properties Corp. to Announce Third Quarter 2023 Results

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its...

2 months ago - Business Wire

Franklin Street Properties Corp. Declares Quarterly Dividend

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP) announced today that its Board of Directors declared a quarterly dividend of $0.01 per s...

3 months ago - Business Wire

Franklin Street Properties Corp. Announces Second Quarter 2023 Results

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the sec...

5 months ago - Business Wire

Franklin Street Properties Corp. to Announce Second Quarter 2023 Results

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its...

5 months ago - Business Wire

Franklin Street Properties Corp. Announces Leasing Activity

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it entered into a lease ame...

7 months ago - Business Wire

Office REITs with this falling profitability metric are a worrying sign: Barclays

Declining cash flows at several big office landlords might be the next big worry for embattled office properties.

Other symbols: ESRTJBGS
8 months ago - Market Watch

Franklin Street Properties Corp. Announces First Quarter 2023 Results

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the fir...

8 months ago - Business Wire

Franklin Street Properties Corp. to Announce First Quarter 2023 Results

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its...

8 months ago - Business Wire

Top 5 Real Estate Stocks That Could Lead To Your Biggest Gains In April - Franklin Street Props (AMEX:FSP), Industrial Logistics (NASDAQ:ILPT)

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: ILPTOPIXIN
9 months ago - Benzinga

Top 3 Real Estate Stocks You'll Regret Missing This Quarter - Franklin Street Props (AMEX:FSP), FLJ Group (NASDAQ:FLJ)

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: FLJTPHS
9 months ago - Benzinga

Franklin Street Properties Corp. Announces the Completion of the Sale of 50 Northwest Point in Elk Grove Village, Illinois for $29.1 Million

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “our” or “we”) (NYSE American: FSP), a real estate investment trust (REIT), announced today the completion of...

10 months ago - Business Wire

Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , March 3, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of tr...

10 months ago - PRNewsWire

Top 5 Real Estate Stocks That Are Set To Fly In March - Alexandria Real Estate (NYSE:ARE), Crown Castle (NYSE:CCI)

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: ARECCIFPIGOOD
10 months ago - Benzinga

Franklin Street Properties Corp. Announces Fourth Quarter and Full Year 2022 Results

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the fou...

11 months ago - Business Wire

Franklin Street Properties Corp. to Announce Fourth Quarter and Full Year 2022 Results

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its...

11 months ago - Business Wire

Franklin Street Properties Corp. Announces Tax Composition of 2022 Distributions

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”) (NYSE American: FSP) announced today the tax composition of its 2022 distributions. Shareholders are encouraged to consult...

1 year ago - Business Wire

Franklin Street Properties Corp. Announces the Completion of the Sale of 380 Interlocken Crescent and 390 Interlocken Crescent for Aggregate Gross Proceeds of $102.5 Million

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “our” or “we”) (NYSE American: FSP), a real estate investment trust (REIT), announced today the completion of...

1 year ago - Business Wire

Franklin Street Properties Corp. Announces Second Quarter 2022 Results

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the sec...

1 year ago - Business Wire

Franklin Street Properties Corp. to Announce Second Quarter 2022 Results

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its...

1 year ago - Business Wire

Franklin Street Properties Corp. Declares Quarterly Dividend and Adopts Variable Quarterly Dividend Policy

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “our” or “we”) (NYSE American: FSP) announced today that its Board of Directors declared a quarterly dividend...

1 year ago - Business Wire

Franklin Street Properties Corp. Announces First Quarter 2022 Results

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the fir...

1 year ago - Business Wire

Franklin Street Properties Corp. to Announce First Quarter 2022 Results

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its...

1 year ago - Business Wire