What is Franklin Street Properties' stock price target for 2024?

0 Wall Street analysts have issued 12-month price objectives for Franklin Street Properties' shares. Their FSP share price targets range from $2.50 to $2.50. On average, they anticipate the company's stock price to reach $2.50 in the next year. This suggests a possible upside of 27.6% from the stock's current price. View analysts price targets for FSP or view top-rated stocks among Wall Street analysts .

How have FSP shares performed in 2024?

Franklin Street Properties' stock was trading at $2.56 at the beginning of 2024. Since then, FSP stock has decreased by 23.4% and is now trading at $1.96. View the best growth stocks for 2024 here .

When is Franklin Street Properties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our FSP earnings forecast .

How were Franklin Street Properties' earnings last quarter?

Franklin Street Properties Corp. (NYSE:FSP) issued its quarterly earnings results on Tuesday, May, 3rd. The company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.05) by $0.01. Franklin Street Properties had a negative trailing twelve-month return on equity of 6.52% and a negative net margin of 33.02%.

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 Friday, April 5th. Investors of record on Friday, April 19th will be given a dividend of $0.01 per share on Thursday, May 9th. This represents a $0.04 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date of this dividend is Thursday, April 18th. Read our dividend analysis for FSP .

Is Franklin Street Properties a good dividend stock?

Franklin Street Properties (NYSE:FSP) pays an annual dividend of $0.04 per share and currently has a dividend yield of 1.91%. Read our dividend analysis for FSP .

Who are Franklin Street Properties' major shareholders?

Franklin Street Properties' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (1.19%). Insiders that own company stock include Brian N Hansen, Dennis J Mcgillicuddy, Jonathan Bennett Odle, Kathryn P O'neil and Kenneth A Hoxsie. View institutional ownership trends .

How do I buy shares of Franklin Street Properties?

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

NYSE:FSP

Franklin Street Properties (FSP) Stock Price, News & Analysis

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Free FSP Stock Alerts

$1.94

-0.03 (-1.52%)

(As of 01:49 PM ET)

Compare

Today's Range: $1.93
▼
$1.98
50-Day Range: $1.97
▼
$2.40
52-Week Range: $1.13
▼
$2.72

Volume: 196,130 shs
Average Volume: 537,055 shs
Market Capitalization: $200.65 million

P/E Ratio: N/A
Dividend Yield: 2.06%
Price Target: $2.50

Get Franklin Street Properties alerts:

Franklin Street Properties MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 27.6% Upside
$2.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.69 out of 5 stars

Finance Sector

811th out of 854 stocks

Real Estate Investment Trusts Industry

171st out of 181 stocks

2.0

Analyst's Opinion

Amount of Analyst Coverage
Franklin Street Properties has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for FSP.

1.7

Dividend Strength

Dividend Yield
Franklin Street Properties pays a meaningful dividend of 1.91%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Franklin Street Properties does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Franklin Street Properties will have a dividend payout ratio of 16.00% next year. This indicates that Franklin Street Properties will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FSP.

1.3

News and Social Media Coverage

News Sentiment
Franklin Street Properties has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Franklin Street Properties this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added Franklin Street Properties to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Franklin Street Properties insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.20% of the stock of Franklin Street Properties is held by insiders.
Percentage Held by Institutions
61.41% of the stock of Franklin Street Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Franklin Street Properties are expected to remain at $0.25 per share in the coming year.
Price to Earnings Ratio vs. the Market
The P/E ratio of Franklin Street Properties is -4.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Franklin Street Properties is -4.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Franklin Street Properties has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Franklin Street Properties Stock (NYSE:FSP)

Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. 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.

FSP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FSP Stock News Headlines

April 13, 2024 | americanbankingnews.com

StockNews.com Lowers Franklin Street Properties (NYSE:FSP) to Sell

April 7, 2024 | americanbankingnews.com

StockNews.com Upgrades Franklin Street Properties (NYSE:FSP) to Hold

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 5, 2024 | businesswire.com

Franklin Street Properties Corp. Declares Quarterly Dividend

February 29, 2024 | seekingalpha.com

Franklin Street Properties Corp. (FSP) Q4 2023 Earnings Call Transcript

February 28, 2024 | finance.yahoo.com

Franklin Street Properties Corp. (AMEX:FSP) Q4 2023 Earnings Call Transcript

February 28, 2024 | finance.yahoo.com

Q4 2023 Franklin Street Properties Corp Earnings Call

February 26, 2024 | msn.com

Franklin Street Properties FFO of $0.07 in-line, revenue of $34.77M beats by $0.64M

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

February 26, 2024 | finance.yahoo.com

Franklin Street Properties Corp Reports Dispositions and Debt Repayment in Q4 and Full Year ...

February 26, 2024 | businesswire.com

Franklin Street Properties Corp. Announces Fourth Quarter and Full Year 2023 Results

February 25, 2024 | markets.businessinsider.com

Here's what Wall Street expects from Franklin Street Properties's earnings report

February 21, 2024 | finance.yahoo.com

Franklin Street Properties Corp. to Announce Fourth Quarter and Full Year 2023 Results

February 21, 2024 | businesswire.com

Franklin Street Properties Corp. to Announce Fourth Quarter and Full Year 2023 Results

February 20, 2024 | news.yahoo.com

Parking during Franklin Street revamp discussed

February 18, 2024 | msn.com

Temporary lane closures on Franklin Avenue to begin on Feb. 20

February 17, 2024 | wsj.com

Franklin Street Properties Corp.

February 6, 2024 | finance.yahoo.com

Rexford Industrial (REXR) Q4 FFO Meet Estimates

February 4, 2024 | seekingalpha.com

Franklin Street Properties: No Dividends And Wall Of Debt

January 17, 2024 | finance.yahoo.com

Franklin Street Properties Corp. Announces Tax Composition of 2023 Distributions

January 12, 2024 | msn.com

Franklin Street Properties declares $0.01 dividend

January 11, 2024 | msn.com

$76 million benefit: See the biggest Franklin County beneficiaries in property tax breaks

January 11, 2024 | msn.com

$69 million benefit: See the biggest Franklin County beneficiaries in property tax breaks

December 29, 2023 | msn.com

Franklin County deed transfers: Nov. 12-18, 2023

December 22, 2023 | msn.com

Franklin County deed transfers: Nov. 5-11, 2023

November 27, 2023 | msn.com

Franklin Street Properties (FSP) Price Target Increased by 12.50% to 2.30

November 9, 2023 | finance.yahoo.com

Franklin Street Properties Corp. (AMEX:FSP) Q3 2023 Earnings Call Transcript

See More Headlines

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Company Calendar

Last Earnings: 5/03/2022
Ex-Dividend for 2/15 Dividend: 1/25/2024
Dividend Payable: 2/15/2024
Today: 4/16/2024
Ex-Dividend for 5/9 Dividend: 4/18/2024
Next Earnings (Estimated): 4/30/2024
Dividend Payable: 5/09/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real estate investment trusts
Sub-Industry: N/A
Current Symbol: NYSE:FSP
CUSIP: N/A
CIK: 1031316
Web: www.fspreit.com
Phone: (781) 557-1300
Fax: 781-246-2807
Employees: 28
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.50
High Stock Price Target: $2.50
Low Stock Price Target: $2.50
Potential Upside/Downside: +27.6%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.47)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 7.84
P/E Growth: N/A
Net Income: $-48,110,000.00
Net Margins: -33.02%
Pretax Margin: -32.83%
Return on Equity: -6.52%
Return on Assets: -4.07%

Debt

Debt-to-Equity Ratio: 0.44
Current Ratio: 1.26
Quick Ratio: 1.26

Sales & Book Value

Annual Sales: $145.71 million
Price / Sales: 1.39
Cash Flow: $0.05 per share
Price / Cash Flow: 41.29
Book Value: $6.89 per share
Price / Book: 0.28

Miscellaneous

Outstanding Shares: 103,430,000
Free Float: 97,017,000
Market Cap: $202.72 million
Optionable: Optionable
Beta: 0.82

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Key Executives

Mr. George John Carter (Age 75)
Chairman & CEO
Comp: $306k
Mr. Jeffrey B. Carter (Age 52)
President & Chief Investment Officer
Comp: $696.34k
Mr. John G. Demeritt (Age 64)
Executive VP, CFO & Treasurer
Comp: $698.37k
Mr. Scott H. Carter Esq. (Age 52)
Executive VP, General Counsel & Secretary
Comp: $656.56k
Mr. John F. Donahue (Age 57)
Executive Vice President
Comp: $647.83k
Mr. Eriel Anchondo (Age 46)
Executive VP & COO
Ms. Georgia Touma
VP & Director of Investor Relations
Ms. Julie Driscoll
Assistant VP & HR Director
Mr. Leo H. Daley Jr.
Senior Vice President
Mr. William S. Friend
Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FSP Stock Analysis - Frequently Asked Questions

What is Franklin Street Properties' stock price target for 2024?: 0 Wall Street analysts have issued 12-month price objectives for Franklin Street Properties' shares. Their FSP share price targets range from $2.50 to $2.50. On average, they anticipate the company's stock price to reach $2.50 in the next year. This suggests a possible upside of 27.6% from the stock's current price.
View analysts price targets for FSP or view top-rated stocks among Wall Street analysts.
How have FSP shares performed in 2024?: Franklin Street Properties' stock was trading at $2.56 at the beginning of 2024. Since then, FSP stock has decreased by 23.4% and is now trading at $1.96.
View the best growth stocks for 2024 here.
When is Franklin Street Properties' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our FSP earnings forecast.
How were Franklin Street Properties' earnings last quarter?: Franklin Street Properties Corp. (NYSE:FSP) issued its quarterly earnings results on Tuesday, May, 3rd. The company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.05) by $0.01. Franklin Street Properties had a negative trailing twelve-month return on equity of 6.52% and a negative net margin of 33.02%.

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 Friday, April 5th. Investors of record on Friday, April 19th will be given a dividend of $0.01 per share on Thursday, May 9th. This represents a $0.04 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date of this dividend is Thursday, April 18th.
Read our dividend analysis for FSP.
Is Franklin Street Properties a good dividend stock?: Franklin Street Properties (NYSE:FSP) pays an annual dividend of $0.04 per share and currently has a dividend yield of 1.91%.
Read our dividend analysis for FSP.
Who are Franklin Street Properties' major shareholders?: Franklin Street Properties' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (1.19%). Insiders that own company stock include Brian N Hansen, Dennis J Mcgillicuddy, Jonathan Bennett Odle, Kathryn P O'neil and Kenneth A Hoxsie.
View institutional ownership trends.
How do I buy shares of Franklin Street Properties?: Shares of FSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FSP) was last updated on 4/16/2024 by MarketBeat.com Staff

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Franklin Street Properties (FSP) Stock Price, News & Analysis

Franklin Street Properties MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Franklin Street Properties Stock (NYSE:FSP)

FSP Stock Price History

FSP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

FSP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™