FSP - Franklin Street Properties Corp. Stock Price, News & Analysis

$10.91 0.13 (1.21 %)
(As of 11/22/2017 04:00 PM ET)
Previous Close$10.78
Today's Range$10.73 - $11.00
52-Week Range$9.59 - $13.27
Volume480,530 shs
Average Volume407,769 shs
Market Capitalization$1.11 billion
P/E RatioN/A
Dividend Yield7.25%
Beta0.74

About Franklin Street Properties Corp. (NYSEAMERICAN:FSP)

Franklin Street Properties Corp. logoFranklin Street Properties Corp. is a real estate investment trust (REIT). The Company is focused on commercial real estate investments primarily in office markets. The Company operates through the real estate operations segment. The Company's investment objectives are to create shareholder value by increasing revenue from rental, dividend, interest and fee income and net gains from sales of properties, and increase the cash available for distribution in the form of dividends to its stockholders. As of December 31, 2016, the Company owned and operated a portfolio of real estate consisting of 36 office properties, which were located in 12 states. It provides asset management, property management, property accounting, and investor and development services to its portfolio and certain of its Sponsored REITs through its subsidiaries. It focuses on investing in select urban infill and central business district properties with focus on Atlanta, Dallas, Denver, Houston and Minneapolis.


Industry, Sector and Symbol:
  • Industry: Office REITs
  • Sub-Industry: Office REITs
  • Sector: N/A
  • Symbol: NYSEAMERICAN:FSP
  • Previous Symbol: AMEX:FSP
  • CUSIP: 35471R10
  • Web: www.franklinstreetproperties.com
Dividend:
  • Annual Dividend: $0.76
  • Dividend Yield: 7.3%
Profitability:
  • Trailing EPS: ($0.09)
  • Net Margins: -25.44%
  • Return on Equity: -7.52%
  • Return on Assets: -3.39%
Misc:
  • Outstanding Shares: 107,230,000
 

Frequently Asked Questions for Franklin Street Properties Corp. (NYSEAMERICAN:FSP)

What is Franklin Street Properties Corp.'s stock symbol?

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

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

Franklin Street Properties Corp. declared a quarterly dividend on Monday, October 9th. Shareholders of record on Friday, October 20th will be given a dividend of $0.19 per share on Thursday, November 9th. This represents a $0.76 dividend on an annualized basis and a yield of 6.97%. The ex-dividend date of this dividend is Thursday, October 19th. View Franklin Street Properties Corp.'s Dividend History.

How were Franklin Street Properties Corp.'s earnings last quarter?

Franklin Street Properties Corp. (NYSEAMERICAN:FSP) released its quarterly earnings results on Tuesday, October, 31st. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.26. The real estate investment trust earned $67.30 million during the quarter, compared to analyst estimates of $66.31 million. Franklin Street Properties Corp. had a negative net margin of 25.44% and a negative return on equity of 7.52%. The business's quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.26 EPS. View Franklin Street Properties Corp.'s Earnings History.

When will Franklin Street Properties Corp. make its next earnings announcement?

Franklin Street Properties Corp. is scheduled to release their next quarterly earnings announcement on Monday, February, 12th 2018. View Earnings Estimates for Franklin Street Properties Corp..

What guidance has Franklin Street Properties Corp. issued on next quarter's earnings?

Franklin Street Properties Corp. issued an update on its FY17 earnings guidance on Tuesday, October, 31st. The company provided earnings per share guidance of ~$1.04 for the period, compared to the Thomson Reuters consensus estimate of $1.05. Franklin Street Properties Corp. also updated its Q guidance to ~$0.25 EPS.

Where is Franklin Street Properties Corp.'s stock going? Where will Franklin Street Properties Corp.'s stock price be in 2017?

5 brokers have issued 12 month price objectives for Franklin Street Properties Corp.'s shares. Their predictions range from $10.00 to $13.00. On average, they anticipate Franklin Street Properties Corp.'s share price to reach $11.67 in the next twelve months. View Analyst Ratings for Franklin Street Properties Corp..

Are investors shorting Franklin Street Properties Corp.?

Franklin Street Properties Corp. saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,274,425 shares, a decline of 11.6% from the October 13th total of 1,440,987 shares. Based on an average trading volume of 409,140 shares, the days-to-cover ratio is currently 3.1 days. Currently, 1.2% of the company's shares are short sold.

Who are some of Franklin Street Properties Corp.'s key competitors?

Who are Franklin Street Properties Corp.'s key executives?

Franklin Street Properties Corp.'s management team includes the folowing people:

  • George J. Carter, Chairman of the Board, Chief Executive Officer (Age 68)
  • Jeffrey B. Carter, President, Chief Investment Officer (Age 45)
  • John G. Demeritt, Chief Financial Officer, Executive Vice President, Treasurer (Age 56)
  • Eriel Anchondo, Chief Operating Officer, Executive Vice President (Age 39)
  • Scott H. Carter, Executive Vice President, General Counsel, Secretary (Age 45)
  • John F. Donahue, Executive Vice President (Age 50)
  • Georgia Murray, Lead Independent Director (Age 66)
  • John N. Burke, Independent Director (Age 55)
  • Brian N. Hansen, Independent Director (Age 45)
  • Kenneth A. Hoxsie, Independent Director (Age 66)

Who owns Franklin Street Properties Corp. stock?

Franklin Street Properties Corp.'s stock is owned by a number of of institutional and retail investors. Top institutional investors include Fuller & Thaler Asset Management Inc. (7.60%), Prudential Financial Inc. (0.00%), Bank of New York Mellon Corp (1.61%), Dimensional Fund Advisors LP (1.40%), Private Management Group Inc. (1.36%) and Schwab Charles Investment Management Inc. (1.16%). Company insiders that own Franklin Street Properties Corp. stock include Brian N Hansen, Dennis J Mcgillicuddy, Eriel Anchondo, 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 Corp..

Who sold Franklin Street Properties Corp. stock? Who is selling Franklin Street Properties Corp. stock?

Franklin Street Properties Corp.'s stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., GSA Capital Partners LLP, Nationwide Fund Advisors, Bank of New York Mellon Corp, Russell Investments Group Ltd., Virginia Retirement Systems ET AL, Advisors Asset Management Inc. and California State Teachers Retirement System. View Insider Buying and Selling for Franklin Street Properties Corp..

Who bought Franklin Street Properties Corp. stock? Who is buying Franklin Street Properties Corp. stock?

Franklin Street Properties Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including Truepoint Inc., Prudential Financial Inc., Citadel Advisors LLC, Fuller & Thaler Asset Management Inc., Systematic Financial Management LP, Public Employees Retirement System of Ohio, Private Management Group Inc. and Forsta AP Fonden. Company insiders that have bought Franklin Street Properties Corp. stock in the last two years include Brian N Hansen, Dennis J Mcgillicuddy, Eriel Anchondo, 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 Corp..

How do I buy Franklin Street Properties Corp. stock?

Shares of Franklin Street Properties Corp. 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 Corp.'s stock price today?

One share of Franklin Street Properties Corp. stock can currently be purchased for approximately $10.91.

How big of a company is Franklin Street Properties Corp.?

Franklin Street Properties Corp. has a market capitalization of $1.11 billion.

How can I contact Franklin Street Properties Corp.?

Franklin Street Properties Corp.'s 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 Corp. (FSP)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  104 (Vote Outperform)
Underperform Votes:  177 (Vote Underperform)
Total Votes:  281
MarketBeat's community ratings are surveys of what our community members think about Franklin Street Properties Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Franklin Street Properties Corp. (NYSEAMERICAN:FSP)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 2 Hold Ratings, 3 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $11.67

Consensus Price Target History for Franklin Street Properties Corp. (NYSEAMERICAN:FSP)

Price Target History for Franklin Street Properties Corp. (NYSEAMERICAN:FSP)

Analysts' Ratings History for Franklin Street Properties Corp. (NYSEAMERICAN:FSP)

Show:
DateFirmActionRatingPrice TargetDetails
11/2/2017B. RileyReiterated RatingBuyView Rating Details
9/21/2017Stifel NicolausReiterated RatingHold$10.00View Rating Details
9/8/2017Janney Montgomery ScottInitiated CoverageBuy -> BuyView Rating Details
7/11/2017FBR & CoReiterated RatingOutperform -> Outperform$13.00View Rating Details
5/4/2017Robert W. BairdDowngradeOutperform -> Neutral$14.00 -> $12.00View Rating Details
8/22/2016BMO Capital MarketsBoost Price TargetMarket Perform$12.51 -> $13.00View Rating Details
12/2/2015Capital One Financial CorporationDowngradeEqual Weight -> UnderweightView Rating Details
(Data available from 11/22/2015 forward)

Earnings

Earnings History and Estimates Chart for Franklin Street Properties Corp. (NYSEAMERICAN:FSP)

Earnings by Quarter for Franklin Street Properties Corp. (NYSEAMERICAN:FSP)

Earnings History by Quarter for Franklin Street Properties Corp. (NYSEAMERICAN FSP)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/12/2018$0.01N/AView Earnings Details
10/31/2017Q3 2017$0.26$0.26$66.31 million$67.30 millionViewN/AView Earnings Details
8/1/2017Q2 2017$0.26$0.27$67.75 million$68.37 millionViewListenView Earnings Details
5/2/2017Q1 2017$0.26$0.27$67.16 million$68.76 millionViewListenView Earnings Details
2/14/2017Q416$0.02$0.02$62.24 million$66.00 millionViewN/AView Earnings Details
10/25/2016Q316$0.26$0.26$60.98 million$63.28 millionViewN/AView Earnings Details
7/26/2016Q216$0.26$0.27$58.73 million$59.45 millionViewN/AView Earnings Details
4/26/2016Q116$0.25$0.26$59.50 million$59.81 millionViewN/AView Earnings Details
2/16/2016Q415$0.27$0.27$60.38 million$61.30 millionViewListenView Earnings Details
10/27/2015Q315$0.28$0.27$59.84 million$61.87 millionViewListenView Earnings Details
7/28/2015Q215$0.27$0.27$59.97 million$60.23 millionViewListenView Earnings Details
4/28/2015Q114$0.27$0.26$63.56 million$60.51 millionViewN/AView Earnings Details
2/17/2015Q4 2014$0.27$0.27$59.27 million$62.49 millionViewN/AView Earnings Details
4/29/2014Q1 2014$0.28$0.29$62.02 million$63.26 millionViewN/AView Earnings Details
2/18/2014Q413$0.28$0.29$58.09 millionViewN/AView Earnings Details
10/29/2013Q313$0.27$0.27$48.89 millionViewN/AView Earnings Details
2/19/2013Q412$0.25$0.25$39.76 million$43.42 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Franklin Street Properties Corp. (NYSEAMERICAN:FSP)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Franklin Street Properties Corp. (NYSEAMERICAN:FSP)

Most Recent Dividend:11/9/2017
Annual Dividend:$0.76
Dividend Yield:6.97%
Payout Ratio:-844.44% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Franklin Street Properties Corp. (NYSEAMERICAN:FSP)

Dividend History by Quarter for Franklin Street Properties Corp. (NYSEAMERICAN FSP)

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/9/2017quarterly$0.197.18%10/19/201710/20/201711/9/2017
7/7/2017Quarterly$0.197/19/20177/21/20178/10/2017
7/10/2017quarterly$0.196.99%7/19/20177/21/20178/10/2017
4/10/2017quarterly$0.196.19%4/19/20174/21/20175/11/2017
1/9/2017quarterly$0.195.99%1/18/20171/20/20172/9/2017
10/7/2016$0.1910/19/201610/21/201611/10/2016
7/8/2016$0.197/20/20167/22/20168/11/2016
4/8/2016$0.194/20/20164/22/20165/12/2016
1/8/2016$0.191/20/20161/22/20162/11/2016
10/9/2015$0.1910/21/201510/23/201511/12/2015
7/13/2015quarterly$0.196.53%7/22/20157/24/20158/13/2015
4/13/2015quarterly$0.196.08%4/22/20154/24/20155/14/2015
1/12/2015quarterly$0.195.97%1/21/20151/23/20152/12/2015
10/10/2014quarterly$0.196.5%10/22/201410/24/201411/13/2014
7/11/2014quarterly$0.196.06%7/23/20147/25/20148/14/2014
4/11/2014quarterly$0.196.27%4/23/20144/25/20145/15/2014
1/10/2014quarterly$0.196.32%1/22/20141/24/20142/14/2014
10/11/2013quarterly$0.195.9%10/23/201310/25/201311/14/2013
7/12/2013quarterly$0.195.45%7/24/20137/26/20138/15/2013
4/12/2013quarterly$0.195.3%4/24/20134/26/20135/16/2013
1/11/2013quarterly$0.195.89%1/23/20131/25/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Franklin Street Properties Corp. (NYSEAMERICAN FSP)

Insider Trades by Quarter for Franklin Street Properties Corp. (NYSEAMERICAN:FSP)
Institutional Ownership by Quarter for Franklin Street Properties Corp. (NYSEAMERICAN:FSP)

Insider Trades by Quarter for Franklin Street Properties Corp. (NYSEAMERICAN FSP)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/7/2017Brian N. HansenDirectorBuy12,500$9.96$124,500.00View SEC Filing  
9/5/2017Brian N. HansenDirectorBuy7,500$9.94$74,550.00View SEC Filing  
8/31/2017Dennis J McgillicuddyDirectorBuy100,000$9.88$988,000.00View SEC Filing  
8/22/2017John N BurkeDirectorBuy2,045$9.78$20,000.10View SEC Filing  
8/18/2017Kenneth A HoxsieDirectorBuy3,000$9.81$29,430.00View SEC Filing  
8/17/2017John G. DemerittCFOBuy1,000$9.99$9,990.00View SEC Filing  
8/9/2017Kenneth A HoxsieDirectorBuy2,000$9.97$19,940.00View SEC Filing  
8/8/2017John G. DemerittCFOBuy1,000$10.08$10,080.00View SEC Filing  
8/4/2017Jeffrey B. CarterInsiderBuy2,230$10.27$22,902.10View SEC Filing  
6/13/2017Kathryn P. O'neilDirectorBuy5,000$11.33$56,650.00View SEC Filing  
5/18/2017Georgia MurrayDirectorBuy5,000$11.20$56,000.00View SEC Filing  
5/16/2017John N BurkeDirectorBuy1,840$10.87$20,000.80View SEC Filing  
5/11/2017John G. DemerittCFOBuy1,000$10.85$10,850.00View SEC Filing  
5/11/2017Kenneth A HoxsieDirectorBuy3,000$10.86$32,580.00View SEC Filing  
2/21/2017John N BurkeDirectorBuy2,070$12.38$25,626.60View SEC Filing  
11/3/2016John G. DemerittCFOBuy1,000$10.89$10,890.00View SEC Filing  
8/30/2016Eriel AnchondoCOOBuy1,770$12.59$22,284.30View SEC Filing  
8/16/2016Kenneth A HoxsieDirectorBuy8,000$12.45$99,600.00View SEC Filing  
5/25/2016John N BurkeDirectorBuy1,385$11.08$15,345.80View SEC Filing  
4/29/2016Eriel AnchondoSVPBuy2,100$10.64$22,344.00View SEC Filing  
4/29/2016Kenneth A HoxsieDirectorBuy10,000$10.57$105,700.00View SEC Filing  
3/8/2016John G DemerittCFOBuy1,000$9.95$9,950.00View SEC Filing  
3/8/2016Kenneth A HoxsieDirectorBuy10,000$9.90$99,000.00View SEC Filing  
2/24/2016Kenneth A HoxsieDirectorBuy12,000$9.13$109,560.00View SEC Filing  
2/19/2016John N. BurkeDirectorBuy2,245$9.23$20,721.35View SEC Filing  
12/11/2015Brian N. HansenDirectorBuy3,000$9.65$28,950.00View SEC Filing  
12/9/2015Brian N. HansenDirectorBuy2,000$9.74$19,480.00View SEC Filing  
12/8/2015Brian N. HansenDirectorBuy5,000$9.85$49,250.00View SEC Filing  
12/7/2015John G DemerittCFOBuy1,000$9.86$9,860.00View SEC Filing  
11/9/2015John G. DemerittCFOBuy1,000$10.07$10,070.00View SEC Filing  
11/6/2015Brian N. HansenDirectorBuy5,000$10.28$51,400.00View SEC Filing  
10/30/2015George J CarterCEOBuy3,000$10.50$31,500.00View SEC Filing  
9/16/2015Brian N. HansenDirectorBuy5,000$10.66$53,300.00View SEC Filing  
9/9/2015John N BurkeDirectorBuy2,800$10.33$28,924.00View SEC Filing  
8/31/2015George J. CarterCEOBuy9,000$10.50$94,500.00View SEC Filing  
8/28/2015Georgia MurrayDirectorBuy4,725$10.59$50,037.75View SEC Filing  
8/24/2015Brian N. HansenDirectorBuy2,500$10.74$26,850.00View SEC Filing  
8/24/2015John G DemerittCFOBuy1,000$10.75$10,750.00View SEC Filing  
5/1/2015Brian N HansenDirectorBuy10,000$11.86$118,600.00View SEC Filing  
5/1/2015John G DemerittCFOBuy1,000$11.80$11,800.00View SEC Filing  
3/9/2015John N BurkeDirectorBuy1,735$12.28$21,305.80View SEC Filing  
2/25/2015Scott H CarterGeneral CounselBuy3,000$12.80$38,400.00View SEC Filing  
2/23/2015Jeffrey B CarterCIOBuy1,500$12.79$19,185.00View SEC Filing  
2/20/2015John G DemerittCFOBuy1,000$12.71$12,710.00View SEC Filing  
11/12/2014John G DemerittCFOBuy1,000$12.10$12,100.00View SEC Filing  
11/10/2014George J CarterPresidentBuy5,000$12.12$60,600.00View SEC Filing  
10/31/2014Jeffrey B CarterCIOBuy2,700$11.95$32,265.00View SEC Filing  
9/12/2014Brian N HansenDirectorBuy3,060$11.86$36,291.60View SEC Filing  
8/11/2014John G DemerittCFOBuy1,000$12.17$12,170.00View SEC Filing  
8/6/2014George J CarterPresidentBuy10,000$12.15$121,500.00View SEC Filing  
8/4/2014Jeffrey B CarterCIOBuy2,100$12.08$25,368.00View SEC Filing  
5/5/2014John G DemerittCFOBuy1,000$12.17$12,170.00View SEC Filing  
3/5/2014John N BurkeDirectorBuy8,135$12.67$103,070.45View SEC Filing  
2/28/2014Georgia MurrayDirectorBuy4,000$12.51$50,040.00View SEC Filing  
2/26/2014Jeffrey B CarterCIOBuy2,900$12.24$35,496.00View SEC Filing  
2/21/2014John G DemerittCFOBuy1,000$12.10$12,100.00View SEC Filing  
9/13/2013Brian N HansenDirectorBuy10,000$12.25$122,500.00View SEC Filing  
8/19/2013Jeffrey B CarterEVPBuy2,350$11.87$27,894.50View SEC Filing  
8/19/2013John G DemerittCFOBuy2,000$11.91$23,820.00View SEC Filing  
5/23/2013Jeffrey B CarterInsiderBuy1,250$13.82$17,275.00View SEC Filing  
5/23/2013John G DemerittCFOBuy1,000$13.65$13,650.00View SEC Filing  
5/21/2013Brian N HansenDirectorBuy6,000$14.29$85,740.00View SEC Filing  
5/16/2013George J CarterPresidentBuy5,000$14.19$70,950.00View SEC Filing  
3/15/2013George J CarterPresidentBuy5,000$14.15$70,750.00View SEC Filing  
12/12/2012Brian N HansenDirectorBuy8,000$11.88$95,040.00View SEC Filing  
11/5/2012George J CarterPresidentBuy10,000$11.22$112,200.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Franklin Street Properties Corp. (NYSEAMERICAN FSP)

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Financials

Chart

Franklin Street Properties Corp. (NYSEAMERICAN FSP) Chart for Wednesday, November, 22, 2017
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This page was last updated on 11/22/2017 by MarketBeat.com Staff

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