Franklin Street Properties Corp. (FSP)

NYSEAMERICAN: FSP · Real-Time Price · USD
1.890
+0.090 (5.00%)
Dec 11, 2024, 4:00 PM EST - Market closed
5.00%
Market Cap 195.74M
Revenue (ttm) 126.51M
Net Income (ttm) -40.62M
Shares Out 103.57M
EPS (ttm) -0.40
PE Ratio n/a
Forward PE n/a
Dividend $0.04 (2.12%)
Ex-Dividend Date Oct 18, 2024
Volume 860,887
Open 1.830
Previous Close 1.800
Day's Range 1.770 - 1.935
52-Week Range 1.470 - 2.720
Beta 0.81
Analysts n/a
Price Target n/a
Earnings Date Oct 29, 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
Founded 1981
Employees 28
Stock Exchange NYSEAMERICAN
Ticker Symbol FSP
Full Company Profile

Financial Performance

Financial Statements

News

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...

14 days 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 weeks 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 weeks 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 weeks 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...

2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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 ...

4 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, ...

4 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...

4 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...

5 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...

5 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
5 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...

6 months ago - Seeking Alpha

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...

8 months ago - Seeking Alpha

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...

8 months ago - Business Wire

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 ...

8 months ago - Seeking Alpha

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...

8 months ago - Business Wire

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...

8 months ago - Seeking Alpha

The State Of REITs: April 2024 Edition

REITs bounced back from a rough start to the year with a strong +3.26% average total return in March. Mid cap (+5.04%), small cap (+3.90%) and large cap REITs (+2.32%) averaged gains in March, while m...

8 months ago - Seeking Alpha

Franklin Street Properties Corp. (FSP) Q4 2023 Earnings Call Transcript

Franklin Street Properties Corp. (FSP) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Franklin Street Properties Corp. Announces Fourth Quarter and Full Year 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 fou...

10 months ago - Business Wire

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

10 months ago - Business Wire

Franklin Street Properties: No Dividends And Wall Of Debt

FSP trading at an 8.8x multiple to its annualized third-quarter FFO is comparatively expensive against its 1.7% dividend yield and 74.8% lease rate. The office REIT is currently trading significantly ...

11 months ago - Seeking Alpha

Franklin Street Properties Corp. Announces Tax Composition of 2023 Distributions

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”) (NYSE American: FSP) announced today the tax composition of its 2023 distributions. Shareholders are encouraged to consult w...

11 months ago - Business Wire

Hot Potatoes: 6 Potentially Overpriced REITs Yielding Less Than 5%

After the brutal sell-off of the last two years, REITs are poised for a surge. However, this upswing will not benefit all REITs equally. Cautious investors can now get about 5% with little or no risk,...

1 year ago - Seeking Alpha