NYSEAMERICAN:FSP - Franklin Street Properties Stock Price, News, & Analysis

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$7.13 +0.06 (+0.85 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$7.07
Today's Range$7.03 - $7.24
52-Week Range$5.87 - $9.22
Volume380,223 shs
Average Volume378,788 shs
Market Capitalization$764.56 million
P/E RatioN/A
Dividend Yield5.09%
BetaN/A
Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on investing in institutional-quality office properties in the U.S. FSP's strategy is to invest in select urban infill and central business district (CBD) properties, with primary emphasis on our five core markets of Atlanta, Dallas, Denver, Houston, and Minneapolis. 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.

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Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry REIT - Office
Sub-IndustryOffice REITs
SectorFinance
Current SymbolNYSEAMERICAN:FSP
CUSIP35471R10
Phone+1-781-5571300

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees39
Market Cap$764.56 million
OptionableOptionable

Franklin Street Properties (NYSEAMERICAN:FSP) Frequently Asked Questions

What is Franklin Street Properties' stock symbol?

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

How often does Franklin Street Properties pay dividends? What is the dividend yield for Franklin Street Properties?

Franklin Street Properties announced a quarterly dividend on Monday, January 14th. Shareholders of record on Friday, January 25th will be given a dividend of $0.09 per share on Thursday, February 14th. This represents a $0.36 annualized dividend and a yield of 5.05%. The ex-dividend date is Thursday, January 24th. View Franklin Street Properties' Dividend History.

How were Franklin Street Properties' earnings last quarter?

Franklin Street Properties Corp. (NYSEAMERICAN:FSP) posted its quarterly earnings results on Tuesday, February, 12th. The real estate investment trust reported $0.01 EPS for the quarter, missing the Zacks' consensus estimate of $0.23 by $0.22. The real estate investment trust had revenue of $66.58 million for the quarter, compared to analysts' expectations of $65.93 million. View Franklin Street Properties' Earnings History.

When is Franklin Street Properties' next earnings date?

Franklin Street Properties is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Franklin Street Properties.

What price target have analysts set for FSP?

5 brokers have issued twelve-month price objectives for Franklin Street Properties' shares. Their predictions range from $8.00 to $9.00. On average, they expect Franklin Street Properties' share price to reach $8.3333 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price. View Analyst Price Targets for Franklin Street Properties.

What is the consensus analysts' recommendation for Franklin Street Properties?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Street Properties in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Franklin Street Properties.

Has Franklin Street Properties been receiving favorable news coverage?

News articles about FSP stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Franklin Street Properties earned a news sentiment score of 1.2 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the immediate future.

Are investors shorting Franklin Street Properties?

Franklin Street Properties saw a increase in short interest in January. As of January 31st, there was short interest totalling 2,037,372 shares, an increase of 22.5% from the January 15th total of 1,663,321 shares. Based on an average trading volume of 313,429 shares, the short-interest ratio is currently 6.5 days. Currently, 2.0% of the company's stock are sold short. View Franklin Street Properties' Current Options Chain.

Who are some of Franklin Street Properties' key competitors?

Who are Franklin Street Properties' key executives?

Franklin Street Properties' management team includes the folowing people:
  • Mr. George John Carter, Chairman & CEO (Age 70)
  • Mr. Jeffrey B. Carter, Pres & Chief Investment Officer (Age 47)
  • Mr. John G. Demeritt, Exec. VP, CFO & Treasurer (Age 59)
  • Mr. Scott H. Carter Esq., Exec. VP, Gen. Counsel & Sec. (Age 47)
  • Mr. John F. Donahue, Exec. VP (Age 52)

Who are Franklin Street Properties' major shareholders?

Franklin Street Properties' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.37%), LSV Asset Management (4.84%), Northern Trust Corp (2.23%), Prudential Financial Inc. (2.22%), Dimensional Fund Advisors LP (1.53%) and Private Management Group Inc. (1.50%). Company insiders that own Franklin Street Properties stock include Brian N Hansen, Dennis J Mcgillicuddy, Eriel Anchondo, George J Carter, Georgia Murray, Jeffrey B Carter, John G Demeritt, John N Burke, Kathryn P O'neil and Kenneth A Hoxsie. View Institutional Ownership Trends for Franklin Street Properties.

Which institutional investors are selling Franklin Street Properties stock?

FSP stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, Bank of New York Mellon Corp, GSA Capital Partners LLP, Barclays PLC, Financial & Investment Management Group Ltd., Amundi Pioneer Asset Management Inc., MetLife Investment Advisors LLC and New York State Common Retirement Fund. View Insider Buying and Selling for Franklin Street Properties.

Which institutional investors are buying Franklin Street Properties stock?

FSP stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Oregon Public Employees Retirement Fund, Bank of America Corp DE, D. E. Shaw & Co. Inc., Two Sigma Investments LP, Summit Global Investments, HRT Financial LLC and Millennium Management LLC. Company insiders that have bought Franklin Street Properties stock in the last two years include Brian N Hansen, Dennis J Mcgillicuddy, Eriel Anchondo, George J Carter, Georgia Murray, Jeffrey B Carter, John G Demeritt, John N Burke, Kathryn P O'neil and Kenneth A Hoxsie. View Insider Buying and Selling for Franklin Street Properties.

How do I buy shares of Franklin Street Properties?

Shares of FSP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Franklin Street Properties' stock price today?

One share of FSP stock can currently be purchased for approximately $7.13.

How big of a company is Franklin Street Properties?

Franklin Street Properties has a market capitalization of $764.56 million. Franklin Street Properties employs 39 workers across the globe.

What is Franklin Street Properties' official website?

The official website for Franklin Street Properties is http://www.franklinstreetproperties.com/.

How can I contact Franklin Street Properties?

Franklin Street Properties' mailing address is 401 Edgewater Pl Ste 200, WAKEFIELD, MA 01880-6207, United States. The real estate investment trust can be reached via phone at +1-781-5571300.


MarketBeat Community Rating for Franklin Street Properties (NYSEAMERICAN FSP)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  169 (Vote Outperform)
Underperform Votes:  265 (Vote Underperform)
Total Votes:  434
MarketBeat's community ratings are surveys of what our community members think about Franklin Street Properties and other stocks. Vote "Outperform" if you believe FSP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FSP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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