About Franklin Street Properties (NYSEAMERICAN:FSP)
Franklin 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
Trailing P/E Ratio-57.4666666666667
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on Equity0.85%
Return on Assets0.37%
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 declared a quarterly dividend on Monday, January 8th. Investors of record on Friday, January 19th will be paid a dividend of $0.19 per share on Thursday, February 8th. This represents a $0.76 annualized dividend and a dividend yield of 8.82%. The ex-dividend date is Thursday, January 18th. View Franklin Street Properties' Dividend History.
How were Franklin Street Properties' earnings last quarter?
Franklin Street Properties Corp. (NYSEAMERICAN:FSP) announced its quarterly earnings data on Tuesday, October, 31st. The real estate investment trust reported $0.26 EPS for the quarter, hitting the consensus estimate of $0.26. The real estate investment trust had revenue of $67.30 million for the quarter, compared to the consensus estimate of $66.31 million. Franklin Street Properties had a return on equity of 0.85% and a net margin of 2.77%. The business's revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.26 earnings per share. View Franklin Street Properties' Earnings History.
When will Franklin Street Properties make its next earnings announcement?
Where is Franklin Street Properties' stock going? Where will Franklin Street Properties' stock price be in 2018?
6 brokerages have issued 12 month price targets for Franklin Street Properties' shares. Their forecasts range from $7.00 to $13.00. On average, they expect Franklin Street Properties' stock price to reach $10.60 in the next twelve months. View Analyst Ratings for Franklin Street Properties.
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 2,054,072 shares, an increase of 14.5% from the January 12th total of 1,794,192 shares. Based on an average trading volume of 411,194 shares, the short-interest ratio is presently 5.0 days. Currently, 2.0% of the company's shares are sold short.
Who are some of Franklin Street Properties' key competitors?
Some companies that are related to Franklin Street Properties include UNITE Group (UTG), Montpelier Re (MRH), Fidelity & Guaranty Life (FGL), Gazit Globe (GZT), Granite Real Estate Investment Trust (GRP), Yadkin Financial (YDKN), AllianceBernstein Income Fund (ACG), OneBeacon Insurance Group (OB), Provident Financial Services (PFS), PowerShares Fin. Preferred Port. (PGF), iShares S&P NA Tec. Semi. Idx. Fd.(ETF) (SOXX), Park National (PRK), Workspace Group (WKP), Hatteras Financial (HTS), Assura (AGR), Rathbone Brothers (RAT), Plus500 (PLUS) and Bgeo Group (BGEO).
Who are Franklin Street Properties' key executives?
Franklin Street Properties' 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 stock?
Franklin Street Properties' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.31%), Fuller & Thaler Asset Management Inc. (7.76%), LSV Asset Management (4.58%), Renaissance Technologies LLC (2.17%), Bank of New York Mellon Corp (1.68%) and Private Management Group Inc. (1.41%). 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.
Who sold Franklin Street Properties stock? Who is selling Franklin Street Properties stock?
Franklin Street Properties' stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Martingale Asset Management L P, Citadel Advisors LLC, Glenview Trust Co, Millennium Management LLC, Bessemer Group Inc., Forsta AP Fonden and Metropolitan Life Insurance Co. NY. View Insider Buying and Selling for Franklin Street Properties.
Who bought Franklin Street Properties stock? Who is buying Franklin Street Properties stock?
Franklin Street Properties' stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, BlackRock Inc., Renaissance Technologies LLC, Deutsche Bank AG, Goldman Sachs Group Inc., Fuller & Thaler Asset Management Inc., Schwab Charles Investment Management Inc. and AXA. 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 Franklin Street Properties stock?
Shares of Franklin Street Properties 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 Franklin Street Properties stock can currently be purchased for approximately $8.62.
How big of a company is Franklin Street Properties?
Franklin Street Properties has a market capitalization of $936.13 million.
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 (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 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.
Franklin Street Properties (NYSEAMERICAN:FSP) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Buy||Buy||Buy|
|Consensus Rating Score: ||2.17||2.60||2.60||2.50|
|Ratings Breakdown: ||1 Sell Rating(s)|
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$10.60||$11.67||$11.67||$12.50|
|Price Target Upside: ||23.98% upside||12.72% upside||12.72% upside||15.63% upside|
Franklin Street Properties (NYSEAMERICAN:FSP) Consensus Price Target History
Franklin Street Properties (NYSEAMERICAN:FSP) Analyst Ratings History
(Data available from 2/21/2016 forward)
Franklin Street Properties (NYSEAMERICAN:FSP) Earnings History and Estimates Chart
Franklin Street Properties (NYSEAMERICAN FSP) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/31/2017||Q3 2017||$0.26||$0.26||$66.31 million||$67.30 million||View||N/A|
|8/1/2017||Q2 2017||$0.26||($0.16)||$67.75 million||$68.37 million||View||Listen|
|5/2/2017||Q1 2017||$0.26||$0.27||$67.16 million||$68.76 million||View||Listen|
|2/14/2017||Q416||$0.02||$0.02||$62.24 million||$66.00 million||View||N/A|
|10/25/2016||Q316||$0.26||$0.26||$60.98 million||$63.28 million||View||N/A|
|7/26/2016||Q216||$0.26||$0.27||$58.73 million||$59.45 million||View||N/A|
|4/26/2016||Q116||$0.25||$0.26||$59.50 million||$59.81 million||View||N/A|
|2/16/2016||Q415||$0.27||$0.27||$60.38 million||$61.30 million||View||Listen|
|10/27/2015||Q315||$0.28||$0.27||$59.84 million||$61.87 million||View||Listen|
|7/28/2015||Q215||$0.27||$0.27||$59.97 million||$60.23 million||View||Listen|
|4/28/2015||Q114||$0.27||$0.26||$63.56 million||$60.51 million||View||N/A|
|2/17/2015||Q4 2014||$0.27||$0.27||$59.27 million||$62.49 million||View||N/A|
|4/29/2014||Q1 2014||$0.28||$0.29||$62.02 million||$63.26 million||View||N/A|
|2/19/2013||Q412||$0.25||$0.25||$39.76 million||$43.42 million||View||N/A|
Franklin Street Properties (NYSEAMERICAN:FSP) Earnings Estimates
2018 EPS Consensus Estimate: $0.75
2019 EPS Consensus Estimate: $1.01
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Franklin Street Properties (NYSEAMERICAN:FSP) Dividend Information
|Most Recent Dividend:||2/8/2018|
|Payout Ratio:||-506.67% (Trailing 12 Months of Earnings) |
Franklin Street Properties (NYSEAMERICAN:FSP) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Franklin Street Properties (NYSEAMERICAN FSP) Insider Trading and Institutional Ownership History
Franklin Street Properties (NYSEAMERICAN FSP) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/20/2018||George J. Carter||CEO||Buy||5,000||$8.85||$44,250.00|| |
|2/20/2018||John N Burke||Director||Buy||2,288||$8.74||$19,997.12||27,087|| |
|2/16/2018||Eriel Anchondo||COO||Buy||2,430||$8.48||$20,606.40|| |
|9/7/2017||Brian N. Hansen||Director||Buy||12,500||$9.96||$124,500.00|| |
|9/5/2017||Brian N. Hansen||Director||Buy||7,500||$9.94||$74,550.00|| |
|8/31/2017||Dennis J Mcgillicuddy||Director||Buy||100,000||$9.88||$988,000.00|| |
|8/22/2017||John N Burke||Director||Buy||2,045||$9.78||$20,000.10||24,799|| |
|8/18/2017||Kenneth A Hoxsie||Director||Buy||3,000||$9.81||$29,430.00||48,000|| |
|8/17/2017||John G. Demeritt||CFO||Buy||1,000||$9.99||$9,990.00|| |
|8/9/2017||Kenneth A Hoxsie||Director||Buy||2,000||$9.97||$19,940.00||45,000|| |
|8/8/2017||John G. Demeritt||CFO||Buy||1,000||$10.08||$10,080.00|| |
|8/4/2017||Jeffrey B. Carter||Insider||Buy||2,230||$10.27||$22,902.10|| |
|6/13/2017||Kathryn P. O'neil||Director||Buy||5,000||$11.33||$56,650.00|| |
|5/18/2017||Georgia Murray||Director||Buy||5,000||$11.20||$56,000.00|| |
|5/16/2017||John N Burke||Director||Buy||1,840||$10.87||$20,000.80||22,754|| |
|5/11/2017||John G. Demeritt||CFO||Buy||1,000||$10.85||$10,850.00|| |
|5/11/2017||Kenneth A Hoxsie||Director||Buy||3,000||$10.86||$32,580.00||43,000|| |
|2/21/2017||John N Burke||Director||Buy||2,070||$12.38||$25,626.60||20,914|| |
|11/3/2016||John G. Demeritt||CFO||Buy||1,000||$10.89||$10,890.00|| |
|8/30/2016||Eriel Anchondo||COO||Buy||1,770||$12.59||$22,284.30|| |
|8/16/2016||Kenneth A Hoxsie||Director||Buy||8,000||$12.45||$99,600.00||40,000|| |
|5/25/2016||John N Burke||Director||Buy||1,385||$11.08||$15,345.80||18,844|| |
|4/29/2016||Eriel Anchondo||SVP||Buy||2,100||$10.64||$22,344.00||2,100|| |
|4/29/2016||Kenneth A Hoxsie||Director||Buy||10,000||$10.57||$105,700.00||32,000|| |
|3/8/2016||John G Demeritt||CFO||Buy||1,000||$9.95||$9,950.00||35,000|| |
|3/8/2016||Kenneth A Hoxsie||Director||Buy||10,000||$9.90||$99,000.00||22,000|| |
|2/24/2016||Kenneth A Hoxsie||Director||Buy||12,000||$9.13||$109,560.00||12,000|| |
|2/19/2016||John N. Burke||Director||Buy||2,245||$9.23||$20,721.35||17,459|| |
|12/11/2015||Brian N. Hansen||Director||Buy||3,000||$9.65||$28,950.00||60,000|| |
|12/9/2015||Brian N. Hansen||Director||Buy||2,000||$9.74||$19,480.00||57,000|| |
|12/8/2015||Brian N. Hansen||Director||Buy||5,000||$9.85||$49,250.00||55,000|| |
|12/7/2015||John G Demeritt||CFO||Buy||1,000||$9.86||$9,860.00||34,000|| |
|11/9/2015||John G. Demeritt||CFO||Buy||1,000||$10.07||$10,070.00||33,000|| |
|11/6/2015||Brian N. Hansen||Director||Buy||5,000||$10.28||$51,400.00||50,000|| |
|10/30/2015||George J Carter||CEO||Buy||3,000||$10.50||$31,500.00||1,003,531|| |
|9/16/2015||Brian N. Hansen||Director||Buy||5,000||$10.66||$53,300.00||45,000|| |
|9/9/2015||John N Burke||Director||Buy||2,800||$10.33||$28,924.00||15,214|| |
|8/31/2015||George J. Carter||CEO||Buy||9,000||$10.50||$94,500.00||1,000,531|| |
|8/28/2015||Georgia Murray||Director||Buy||4,725||$10.59||$50,037.75||36,125|| |
|8/24/2015||Brian N. Hansen||Director||Buy||2,500||$10.74||$26,850.00||40,000|| |
|8/24/2015||John G Demeritt||CFO||Buy||1,000||$10.75||$10,750.00||32,000|| |
|5/1/2015||Brian N Hansen||Director||Buy||10,000||$11.86||$118,600.00|| |
|5/1/2015||John G Demeritt||CFO||Buy||1,000||$11.80||$11,800.00|| |
|3/9/2015||John N Burke||Director||Buy||1,735||$12.28||$21,305.80|| |
|2/25/2015||Scott H Carter||General Counsel||Buy||3,000||$12.80||$38,400.00|| |
|2/23/2015||Jeffrey B Carter||CIO||Buy||1,500||$12.79||$19,185.00|| |
|2/20/2015||John G Demeritt||CFO||Buy||1,000||$12.71||$12,710.00|| |
|11/12/2014||John G Demeritt||CFO||Buy||1,000||$12.10||$12,100.00|| |
|11/10/2014||George J Carter||President||Buy||5,000||$12.12||$60,600.00|| |
|10/31/2014||Jeffrey B Carter||CIO||Buy||2,700||$11.95||$32,265.00|| |
|9/12/2014||Brian N Hansen||Director||Buy||3,060||$11.86||$36,291.60|| |
|8/11/2014||John G Demeritt||CFO||Buy||1,000||$12.17||$12,170.00|| |
|8/6/2014||George J Carter||President||Buy||10,000||$12.15||$121,500.00|| |
|8/4/2014||Jeffrey B Carter||CIO||Buy||2,100||$12.08||$25,368.00|| |
|5/5/2014||John G Demeritt||CFO||Buy||1,000||$12.17||$12,170.00|| |
|3/5/2014||John N Burke||Director||Buy||8,135||$12.67||$103,070.45|| |
|2/28/2014||Georgia Murray||Director||Buy||4,000||$12.51||$50,040.00|| |
|2/26/2014||Jeffrey B Carter||CIO||Buy||2,900||$12.24||$35,496.00|| |
|2/21/2014||John G Demeritt||CFO||Buy||1,000||$12.10||$12,100.00|| |
|9/13/2013||Brian N Hansen||Director||Buy||10,000||$12.25||$122,500.00|| |
|8/19/2013||Jeffrey B Carter||EVP||Buy||2,350||$11.87||$27,894.50|| |
|8/19/2013||John G Demeritt||CFO||Buy||2,000||$11.91||$23,820.00|| |
|5/23/2013||Jeffrey B Carter||Insider||Buy||1,250||$13.82||$17,275.00|| |
|5/23/2013||John G Demeritt||CFO||Buy||1,000||$13.65||$13,650.00|| |
|5/21/2013||Brian N Hansen||Director||Buy||6,000||$14.29||$85,740.00|| |
|5/16/2013||George J Carter||President||Buy||5,000||$14.19||$70,950.00|| |
|3/15/2013||George J Carter||President||Buy||5,000||$14.15||$70,750.00|| |
|12/12/2012||Brian N Hansen||Director||Buy||8,000||$11.88||$95,040.00|| |
|11/5/2012||George J Carter||President||Buy||10,000||$11.22||$112,200.00|| |
Franklin Street Properties (NYSEAMERICAN FSP) News Headlines
Franklin Street Properties (NYSEAMERICAN:FSP) SEC Filings
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Franklin Street Properties (NYSEAMERICAN:FSP) Income Statement, Balance Sheet and Cash Flow Statement
Franklin Street Properties (NYSEAMERICAN FSP) Stock Chart for Wednesday, February, 21, 2018