Skip to main content

Franklin Street Properties Corp. (FSP)

NYSEAMERICAN: FSP · IEX Real-Time Price · USD
4.91 -0.04 (-0.81%)
Oct 22, 2021 10:38 AM EDT - Market open
Market Cap547.71M
Revenue (ttm)237.24M
Net Income (ttm)45.45M
Shares Out107.36M
EPS (ttm)0.42
PE Ratio11.61
Forward PE285.71
Dividend$0.36 (7.33%)
Ex-Dividend DateOct 21, 2021
Volume27,397
Open4.93
Previous Close4.95
Day's Range4.88 - 4.96
52-Week Range3.60 - 6.32
Beta0.95
AnalystsHold
Price Target5.67 (+15.5%)
Est. Earnings DateNov 2, 2021

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.

IndustryEquity Real Estate Investment Trusts (REITs)
CEOGeorge Carter
Employees37
Stock ExchangeNYSEAMERICAN
Ticker SymbolFSP
Full Company Profile

Financial Performance

In 2020, FSP's revenue was $245.85 million, a decrease of -8.63% compared to the previous year's $269.07 million. Earnings were $32.62 million, an increase of 403.71%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for FSP stock is "Hold." The 12-month stock price forecast is 5.67, which is an increase of 15.48% from the latest price.

Price Target
$5.67
(15.48% upside)
Analyst Consensus: Hold

News

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...

1 week ago - Business Wire

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...

1 month ago - GuruFocus

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?

2 months ago - Zacks Investment Research

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...

2 months ago - Business Wire

Franklin Street Properties Corp. to Announce Second 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...

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 regular quarterly dividend of $0.09...

3 months ago - Business Wire

Franklin Street Properties Corp. Announces $50 Million Share Repurchase Program

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 that the Company's ...

3 months ago - Business Wire

Franklin Street Properties Corp. Announces the Completion of the Sale of One Overton Park, One Ravinia Drive and Two ...

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...

4 months ago - Business Wire

Franklin Street Properties (FSP) Q1 FFO and Revenues Lag Estimates

Franklin Street (FSP) delivered FFO and revenue surprises of -5.56% and -1.16%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Franklin Street Properties Corp. Announces First 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 first...

5 months ago - Business Wire

Franklin Street Properties Corp. to Announce First 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...

5 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 regular quarterly dividend of $0.09...

6 months ago - Business Wire

Franklin Street Properties Corp. Announces Lease Extension with CITGO Petroleum Corporation

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

7 months ago - Business Wire

Franklin Street Properties Corp. Announces Fourth Quarter and Full Year 2020 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...

8 months ago - Business Wire

Franklin Street Properties Corp. to Announce Fourth Quarter and Full Year 2020 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...

8 months ago - Business Wire

Franklin Street Properties Corp. Announces Tax Composition of 2020 Distributions

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”) (NYSE American:FSP) announced today the tax composition of its 2020 distributions. Shareholders are encouraged to consult with...

9 months ago - Business Wire

Franklin Street Properties Corp. Announces Leasing Updates

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

9 months ago - Business Wire

Franklin Street (FSP) Exits Durham Market With $89.7M Asset Sale

Franklin Street (FSP) winds up business in Raleigh-Durham marketplace with the sale of 4820 Emperor Boulevard office building. Sale proceeds will be used to repay debt.

9 months ago - Zacks Investment Research

Franklin Street Properties Is Cheap With Good Reason

Revenue outlook is positive next year due to a decent pipeline; however, longer-term trends are difficult to predict due to the uncertainties related to a shift towards teleworking. There is a threat of...

9 months ago - Seeking Alpha

Franklin Street Properties Corp. Announces the Sale of 4820 Emperor Boulevard in Durham, North Carolina for $89.7 Mil...

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 sale of its onl...

9 months ago - Business Wire

Franklin Street Properties Corp (FSP) CEO George Carter on Q3 2020 Results - Earnings Call Transcript

Franklin Street Properties Corp (FSP) CEO George Carter on Q3 2020 Results - Earnings Call Transcript

11 months ago - Seeking Alpha

Franklin Street Properties (FSP) Q3 FFO Meet Estimates

Franklin Street (FSP) delivered FFO and revenue surprises of 0.00% and 0.40%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

Franklin Street Properties Corp. Announces Third Quarter 2020 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...

11 months ago - Business Wire

Franklin Street Properties Corp. to Announce Third Quarter 2020 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...

11 months ago - Business Wire

Don't Let These 3 High Yield Stocks Ruin Your Retirement

This year's broad dividend cuts, combined with higher prices from the recent rally, are resulting in one of the lowest market yields in years.

Other symbols:DKMAC
1 year ago - Forbes