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
Employees38
Next Earnings Date4/30/2019 (Confirmed)
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 declared a quarterly dividend on Monday, April 8th. Stockholders of record on Friday, April 19th will be given a dividend of $0.09 per share on Thursday, May 9th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date of this dividend is Wednesday, April 17th. View Franklin Street Properties' Dividend History.
How were Franklin Street Properties' earnings last quarter?
Franklin Street Properties Corp. (NYSEAMERICAN:FSP) released its quarterly earnings data on Tuesday, February, 12th. The real estate investment trust reported $0.01 earnings per share (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 analyst estimates 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?
4 brokers have issued 12-month price objectives for Franklin Street Properties' stock. 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 year. This suggests a possible upside of 7.1% from the stock's current price. View Analyst Price Targets for Franklin Street Properties.
What is the consensus analysts' recommendation for Franklin Street Properties?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Street Properties in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Franklin Street Properties.
Has Franklin Street Properties been receiving favorable news coverage?
Media stories about FSP stock have trended somewhat negative on Wednesday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Franklin Street Properties earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news stories 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 impact on the company's share price in the immediate future.
Are investors shorting Franklin Street Properties?
Franklin Street Properties saw a increase in short interest in the month of March. As of March 29th, there was short interest totalling 2,272,813 shares, an increase of 2.9% from the March 15th total of 2,208,717 shares. Based on an average daily volume of 316,852 shares, the short-interest ratio is currently 7.2 days. Approximately 2.2% of the shares of the company 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), alstria office REIT (AOX), Cromwell Group (CMW), Workspace Group (WKP), Dream Office Real Estate Investment Trst (D.UN), GDI Property Group (GDI), Industria REIT (IDR), APN Industria REIT (ADI), Australian Unity Office Fund (AOF), Asia Pacific Data Centre Group (AJD), Garda Diversified Property Fund (GDF), 360 Capital Group (TGP), 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 & Pres of FSP Property Management LLC (Age 52)
Who are Franklin Street Properties' major shareholders?
Franklin Street Properties' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Strs Ohio (0.15%), 6 Meridian (0.09%), CAPROCK Group Inc. (0.01%) and Nisa Investment Advisors LLC (0.01%). 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 major investors are selling Franklin Street Properties stock?
Which major investors are buying Franklin Street Properties stock?
FSP stock was bought by a variety of institutional investors in the last quarter, including 6 Meridian, CAPROCK Group Inc. and Nisa Investment Advisors 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 $7.78.
How big of a company is Franklin Street Properties?
Franklin Street Properties has a market capitalization of $834.26 million. Franklin Street Properties employs 38 workers across the globe.
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.
