Franklin Street Properties (FSP) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $1.78 to $1.86
• 50-Day Range: $1.59 to $1.96
• 52-Week Range: $1.47 to $2.72
• Volume: 111,259 shs
• Average Volume: 477,014 shs
• Market Capitalization: $184.35 million
• P/E Ratio: N/A
• Dividend Yield: 2.25%
• Price Target: N/A
• Consensus Rating: N/A

FSP Stock Analysis - Frequently Asked Questions

How have FSP shares performed this year?

Franklin Street Properties' stock was trading at $2.56 at the beginning of 2024. Since then, FSP shares have decreased by 30.5% and is now trading at $1.78.
View the best growth stocks for 2024 here.

How were Franklin Street Properties' earnings last quarter?

Franklin Street Properties Corp. (NYSE:FSP) announced its quarterly earnings data on Tuesday, October, 29th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by $0.10. The company earned $29.68 million during the quarter. Franklin Street Properties had a negative trailing twelve-month return on equity of 5.88% and a negative net margin of 32.11%.

Who are Franklin Street Properties' major shareholders?

Top institutional investors of Franklin Street Properties include Private Management Group Inc. (8.90%), Geode Capital Management LLC (2.02%), State Street Corp (1.16%) and RBF Capital LLC (0.98%). Insiders that own company stock include Jonathan Bennett Odle, Dennis J Mcgillicuddy, Brian N Hansen and Kenneth A Hoxsie.
View institutional ownership trends.

How do I buy shares of Franklin Street Properties?

Shares of FSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Franklin Street Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Franklin Street Properties investors own include Meta Platforms (META), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Tesla (TSLA), Advanced Micro Devices (AMD), Netflix (NFLX) and Chevron (CVX).

Company Calendar

• Ex-Dividend for 11/7 Dividend: 10/18/2024
• Last Earnings: 10/29/2024
• Dividend Payable: 11/07/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:FSP
• CUSIP: N/A
• CIK: 1031316
• Web: www.fspreit.com
• Phone: (781) 557-1300
• Fax: 781-246-2807
• Employees: 30
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.39)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 13.81
• P/E Growth: N/A
• Net Income: $-48,110,000.00
• Net Margins: -32.11%
• Pretax Margin: -31.93%
• Return on Equity: -5.88%
• Return on Assets: -3.87%

Debt

• Debt-to-Equity Ratio: 0.41
• Current Ratio: 2.28
• Quick Ratio: 2.28

Sales & Book Value

• Annual Sales: $145.71 million
• Price / Sales: 1.28
• Cash Flow: $0.05 per share
• Price / Cash Flow: 36.55
• Book Value: $6.43 per share
• Price / Book: 0.28

Miscellaneous

• Outstanding Shares: 103,570,000
• Free Float: 97,146,000
• Market Cap: $185.91 million
• Optionable: Optionable
• Beta: 0.81