Franklin Street Properties Corp. (FSP)

NYSEAMERICAN: FSP · Real-Time Price · USD
1.510
-0.020 (-1.31%)
May 8, 2025, 4:00 PM EDT - Market closed
-1.31%
Market Cap 156.39M
Revenue (ttm) 115.99M
Net Income (ttm) -66.61M
Shares Out 103.57M
EPS (ttm) -0.64
PE Ratio n/a
Forward PE n/a
Dividend $0.04 (2.65%)
Ex-Dividend Date Apr 17, 2025
Volume 222,985
Open 1.520
Previous Close 1.530
Day's Range 1.510 - 1.530
52-Week Range 1.360 - 2.210
Beta 0.85
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]

Industry REIT - Office
Sector Real Estate
Founded 1981
Employees 28
Stock Exchange NYSEAMERICAN
Ticker Symbol FSP
Full Company Profile

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 Statements

News

Franklin Street Properties: Reading Between The Lines And Loading Up The Truck

Franklin Street Properties is undervalued, trading below book value, and has seen significant activist investor activity pushing for value realization. Recent Q1 2025 earnings call highlights include ...

6 days ago - Seeking Alpha

Sell These 10 REITs While You Still Can

This neither the best of times nor the worst of times for REIT investors. This article presents a list of 10 REITs that would merit a Sell rating even in the best of times, given their current conditi...

7 days ago - Seeking Alpha

Franklin Street Properties Corp. (FSP) Q1 2025 Earnings Call Transcript

Franklin Street Properties Corp. (NYSE:FSP) Q1 2025 Results Conference Call April 30, 2025 11:00 AM ET Company Participants Scott Carter - EVP, General Counsel & Secretary John Demeritt - EVP, CFO & ...

8 days ago - Seeking Alpha

Franklin Street Properties Corp. Announces First Quarter 2025 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...

9 days ago - Business Wire

Franklin Street Properties Corp. to Announce First Quarter 2025 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...

16 days 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...

4 weeks ago - Business Wire

REITs Rally As Rates Tumble

US equity markets declined for the fourth week in the past five after a frenetic slate of geopolitical headlines and economic data indicated a sluggish start to 2025 for global growth. The Atlanta Fed...

Other symbols: AHRAVBBBREBXCCIDRNDRV
2 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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 - ...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Seeking Alpha

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...

5 months ago - Business Wire

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...

6 months ago - Seeking Alpha

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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...

7 months ago - Seeking Alpha

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 ...

9 months ago - Seeking Alpha

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, ...

10 months ago - Seeking Alpha

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...

10 months ago - Business Wire

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...

10 months ago - Business Wire

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...

10 months ago - Business Wire

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.

Other symbols: CYH
10 months ago - Business Wire

Eyes On The ECB

U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increa...

1 year ago - Seeking Alpha