Franklin Street Properties Corp. (FSP)
| Market Cap | 190.56M |
| Revenue (ttm) | 120.11M |
| Net Income (ttm) | -52.72M |
| Shares Out | 103.57M |
| EPS (ttm) | -0.51 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.04 (2.17%) |
| Ex-Dividend Date | Jan 24, 2025 |
| Volume | 159,087 |
| Open | 1.870 |
| Previous Close | 1.860 |
| Day's Range | 1.810 - 1.890 |
| 52-Week Range | 1.470 - 2.310 |
| Beta | 0.80 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Apr 29, 2025 |
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]
Financial Performance
In 2024, FSP's revenue was $120.11 million, a decrease of -17.57% compared to the previous year's $145.71 million. Losses were -$52.72 million, 9.59% more than in 2023.
Financial StatementsNews
Franklin Street Properties: We Keep Buying
Franklin Street Properties is significantly undervalued, trading well below its book value, with recent financials showing a stable trajectory and positive FFO. The commercial real estate market is re...
Franklin Street Properties Corporation (FSP) Q4 2024 Earnings Call Transcript
Franklin Street Properties Corporation. (NYSE:FSP) Q4 2024 Earnings Conference Call February 12, 2025 11:00 AM ET Company Participants Scott Carter - EVP, General Counsel & Secretary John Demeritt - ...
Franklin Street Properties Corp. Announces Fourth Quarter and Full Year 2024 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...
Franklin Street Properties Corp. to Announce Fourth Quarter and Full Year 2024 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...
Franklin Street Properties Corp. Announces Tax Composition of 2024 Distributions
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”) (NYSE American: FSP) announced today the tax composition of its 2024 distributions. Shareholders are encouraged to consult w...
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...
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office...
Franklin Street Properties Corp. Appoints Bruce J. Schanzer to Board of Directors and Enters into Cooperation Agreement with Converium Capital Inc. and Erez Asset Management LLC
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that Bruce J. Schanzer will jo...
Franklin Street Properties Corporation (FSP) Q3 2024 Earnings Call Transcript
Franklin Street Properties Corporation. (NYSE:FSP) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Scott Carter - EVP, General Counsel & Secretary John Demeritt - E...
Franklin Street Properties Corp. Announces Third Quarter 2024 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...
Franklin Street Properties Corp. to Announce Third Quarter 2024 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...
Franklin Street Properties: Buying Hand Over Fist
Franklin Street Properties is a REIT trading below book value, with stabilized prices after a significant decline and a current price of $1.60. Lower interest rates and a modest uptick in the commerci...
Franklin Street Properties: Continuing On Its Course
Franklin Street Properties is a REIT trading massively below its estimated asset value. The company's stock price recovered slightly from recent lows. The company continues to focus on debt repayment ...
Franklin Street Properties Corporation (FSP) Q2 2024 Earnings Call Transcript
Franklin Street Properties Corporation (NYSE:FSP) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Scott Carter - EVP, General Counsel & Secretary John Demeritt - EVP, ...
Franklin Street Properties Corp. Announces Second Quarter 2024 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...
Franklin Street Properties Corp. to Announce Second Quarter 2024 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...
Franklin Street Properties Corp. Assesses Impact of Hurricane Beryl
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP) announced today that it has assessed the impact of Hurricane Beryl and its aftermath o...
BAE Systems awarded $111 million in contracts to bring modernized, secure communications to the Republic of Korea
FORT WAYNE, Ind.--(BUSINESS WIRE)--BAE Systems received multiple contracts to bring modernized, secure communications to the Republic of Korea.
Franklin Street Properties Corp (FSP) Q1 2024 Earnings Call Transcript
Franklin Street Properties Corp (NYSE:FSP) Q1 2024 Results Conference Call May 1, 2024 11:00 AM ET Company Participants Scott Carter - Executive VP, General Counsel & Secretary John Demeritt - Execut...
Franklin Street Properties Corp. Announces First Quarter 2024 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...
Franklin Street Properties: Positive Debt Extensions And Low Multiple (Rating Upgrade)
Franklin Street Properties has extended all of its near-term debt maturities to 2026, and repaid $102 million of debt in February. The REIT is trading at a material discount to a disposition value of ...
Franklin Street Properties Corp. to Announce First Quarter 2024 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...
Franklin Street Properties: Price Correction Creates Opportunity
Franklin Street Properties is a REIT focused on office properties in the U.S. that is currently trading below its book value. The company's stock price has declined by around 13% in the last few month...