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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Street Properties in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" FSP shares.
View FSP analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued twelve-month price objectives for Franklin Street Properties' stock. Their FSP share price forecasts range from $2.50 to $2.50. On average, they predict the company's share price to reach $2.50 in the next twelve months. This suggests a possible upside of 71.2% from the stock's current price.
View analysts price targets for FSP or view top-rated stocks among Wall Street analysts.

Franklin Street Properties' stock was trading at $2.78 on January 1st, 2023. Since then, FSP stock has decreased by 47.5% and is now trading at $1.46.
View the best growth stocks for 2023 here.

Franklin Street Properties saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,200,000 shares, an increase of 27.8% from the April 30th total of 4,070,000 shares. Based on an average daily volume of 2,290,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 6.4% of the company's stock are short sold.
View Franklin Street Properties' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, July 31st 2023.
View our FSP earnings forecast.

Franklin Street Properties Corp. (NYSEAMERICAN:FSP) released its quarterly earnings data on Tuesday, May, 3rd. The real estate investment trust reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.01. Franklin Street Properties had a net margin of 4.75% and a trailing twelve-month return on equity of 1.00%.

Franklin Street Properties declared a quarterly dividend on Tuesday, April 11th. Stockholders of record on Friday, April 21st will be paid a dividend of $0.01 per share on Thursday, May 11th. This represents a $0.04 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Thursday, April 20th.
Read our dividend analysis for FSP.

ETFs with the largest weight of Franklin Street Properties (NYSEAMERICAN:FSP) stock in their portfolio include Cambria Global Real Estate ETF (BLDG), Hartford Multifactor Small Cap ETF (ROSC), Global X Green Building ETF (GRNR), iShares US Credit Bond ETF (CRED), Vanguard Real Estate ETF (VNQ), iShares Core U.S. REIT ETF (USRT), SPDR Dow Jones REIT ETF (RWR) and First Trust S&P REIT Index Fund (FRI).

Franklin Street Properties (NYSEAMERICAN:FSP) pays an annual dividend of $0.04 per share and currently has a dividend yield of 2.67%. The dividend payout ratio is 57.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FSP will have a dividend payout ratio of 12.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FSP.

Based on aggregate information from My MarketBeat watchlists, some companies that other Franklin Street Properties investors own include AGNC Investment (AGNC), Apple Hospitality REIT (APLE), Medical Properties Trust (MPW), New Residential Investment (NRZ), Pfizer (PFE), Spirit Realty Capital (SRC), Chatham Lodging Trust (CLDT) and Easterly Government Properties (DEA).

Franklin Street Properties trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "FSP."

Franklin Street Properties' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (6.74%), Private Management Group Inc. (4.36%), LSV Asset Management (3.55%), State Street Corp (3.01%), Balyasny Asset Management L.P. (2.96%) and Bank of America Corp DE (2.50%). Insiders that own company stock include Brian N Hansen, Dennis J Mcgillicuddy, Jonathan Bennett Odle, Kathryn P O'neil and Kenneth A Hoxsie.
View institutional ownership trends.

Shares of FSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FSP stock can currently be purchased for approximately $1.46.

Franklin Street Properties (NYSEAMERICAN:FSP) has a market capitalization of $150.73 million and generates $165.62 million in revenue each year. The real estate investment trust earns $1.09 million in net income (profit) each year or $0.07 on an earnings per share basis.

Franklin Street Properties' mailing address is 401 Edgewater Pl Ste 200, WAKEFIELD, MA 01880-6207, United States. The official website for the company is www.franklinstreetproperties.com. The real estate investment trust can be reached via phone at (781) 557-1300, via email at investorrelations@fspreit.com, or via fax at 781-246-2807.