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.
Industry, Sector and Symbol
Industry REIT - Office
Sub-IndustryOffice REITs
SectorFinance
Phone+1-781-5571300
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/7/2019 (Estimated)
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. Investors 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 dividend on an annualized basis and a yield of 5.07%. 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) issued its earnings results on Tuesday, February, 12th. The real estate investment trust reported $0.01 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.23 by $0.22. The real estate investment trust earned $66.58 million during the quarter, compared to the consensus estimate of $65.93 million. View Franklin Street Properties' Earnings History.
When is Franklin Street Properties' next earnings date?
What price target have analysts set for FSP?
5 brokerages have issued 1 year price objectives for Franklin Street Properties' shares. Their forecasts 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 17.4% 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 stories about FSP stock have been trending somewhat positive on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Franklin Street Properties earned a news impact score of 1.7 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
Are investors shorting Franklin Street Properties?
Franklin Street Properties saw a drop in short interest during the month of February. As of February 28th, there was short interest totalling 2,181,483 shares, a drop of 4.1% from the February 15th total of 2,275,275 shares. Based on an average daily volume of 278,771 shares, the days-to-cover ratio is currently 7.8 days. Approximately 2.1% of the company's stock are sold short. View Franklin Street Properties' Current Options Chain.
Who are some of Franklin Street Properties' key competitors?
Some companies that are related to Franklin Street Properties include Dream Global REIT (DRG.UN), Cromwell Group (CMW), alstria office REIT (AOX), Workspace Group (WKP), Dream Office Real Estate Investment Trst (D.UN), GDI Property Group (GDI), APN Industria REIT (ADI), Industria REIT (IDR), Australian Unity Office Fund (AOF), Asia Pacific Data Centre Group (AJD), 360 Capital Group (TGP), Garda Diversified Property Fund (GDF), Owens Realty Mortgage (ORM), Allied Properties Real Estate Investment (APYRF) and Befimmo (VJ6).
What other stocks do shareholders of Franklin Street Properties own?
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 a variety of 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 Dimensional Fund Advisors LP (1.53%). 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 purchased by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Oregon Public Employees Retirement Fund, Bank of America Corp DE, American Century Companies Inc., D. E. Shaw & Co. Inc., Two Sigma Investments LP and Summit Global Investments. 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 $7.10.
How big of a company is Franklin Street Properties?
Franklin Street Properties has a market capitalization of $761.34 million.
What is Franklin Street Properties' official website?
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)
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.
