Franklin Street Properties Corp. (FSP)

NYSEAMERICAN: FSP · IEX Real-Time Price · USD
3.15
-0.07 (-2.17%)
Aug 18, 2022 4:00 PM EDT - Market closed
-2.17%
Market Cap 325.19M
Revenue (ttm) 177.74M
Net Income (ttm) 69.76M
Shares Out 103.24M
EPS (ttm) 0.65
PE Ratio 4.85
Forward PE 256.41
Dividend $0.60 (19.05%)
Ex-Dividend Date Jul 18, 2022
Volume 335,662
Open 3.23
Previous Close 3.22
Day's Range 3.15 - 3.25
52-Week Range 3.15 - 6.58
Beta 0.76
Analysts Buy
Price Target 4.25 (+34.9%)
Earnings Date Aug 2, 2022

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 Equity Real Estate Investment Trusts (REITs)
CEO George Carter
Employees 34
Stock Exchange NYSEAMERICAN
Ticker Symbol FSP
Full Company Profile

Financial Performance

In 2021, FSP's revenue was $209.36 million, a decrease of -14.84% compared to the previous year's $245.85 million. Earnings were $92.72 million, an increase of 184.28%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for FSP stock is "Buy." The 12-month stock price forecast is 4.25, which is an increase of 34.92% from the latest price.

Price Target
$4.25
(34.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Franklin Street Properties (FSP) Q2 FFO Lag Estimates

Franklin Street (FSP) delivered FFO and revenue surprises of -9.09% and 2.39%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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 secon...

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 r...

Franklin Street (FSP) Loses 6.9% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

The heavy selling pressure might have exhausted for Franklin Street (FSP) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analys...

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 o...

Franklin Street Properties (FSP) Lags Q1 FFO Estimates

Franklin Street (FSP) delivered FFO and revenue surprises of -8.33% and 2.81%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

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 first...

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 r...

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 regular quarterly dividend of $0.09...

Franklin Street Properties (FSP) Lags Q4 FFO and Revenue Estimates

Franklin Street (FSP) delivered FFO and revenue surprises of -16.67% and 2.43%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Franklin Street Properties Corp. Announces Fourth Quarter and Full Year 2021 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 fourt...

Franklin Street Properties Corp. to Announce Fourth Quarter and Full Year 2021 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 r...

Franklin Street Properties Corp. Elects New Director to Board of Directors

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

Franklin Street Properties Corp. Announces Tax Composition of 2021 Distributions

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”) (NYSE American: FSP) announced today the tax composition of its 2021 distributions. Shareholders are encouraged to consult wit...

Franklin Street Properties Corp. Declares Regular Quarterly Dividend and Introduces Property Disposition Guidance for...

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP) announced today that its Board of Directors declared a regular quarterly dividend of $0.09...

Franklin Street Properties Corp. Declares Special Cash 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 special cash dividend of $0.32 per ...

Franklin Street Properties Corp. Announces the Completion of the Sale of Meadow Point and 4807 Stonecroft in Chantill...

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 t...

Top Real Estate News for Friday, Nov. 12, 2021: An Office REIT's Stock Rocks

Behind an office REIT's rally, varied views of the housing market, and the Great Resignation.

Why Franklin Street Properties Stock Popped 27% This Week

The office landlord reported earnings, which included a lot of portfolio activity. Investors clearly liked what they read, but should you?

Franklin Street Properties (FSP) Q3 FFO Top Estimates

Franklin Street (FSP) delivered FFO and revenue surprises of 7.69% and -0.64%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Franklin Street Properties Corp. Announces Third Quarter 2021 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 third...

Franklin Street Properties Corp. to Announce Third Quarter 2021 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 r...

Franklin Street Properties: A Real Estate Value Stock

Given the current bull market in U.S. equities and general overvaluation, it's slim pickings for value investors nowadays. Commercial real estate appears to be one of the few investable sectors in the U...

Franklin Street Properties (FSP) Misses Q2 FFO Estimates

Franklin Street (FSP) delivered FFO and revenue surprises of -17.65% and 1.94%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Franklin Street Properties Corp. Announces Second Quarter 2021 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 secon...