FSP - Franklin Street Properties Corp Stock Price, Fair Value and News

1.97USD-0.12 (-5.74%)Market Closed

Market Summary

USD1.97-0.12

Market Closed

-5.74%

FSP Stock Price

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FSP RSI Chart

FSP Valuation

Market Cap

203.8M

Price/Earnings (Trailing)

-4.15

Price/Sales (Trailing)

1.4

EV/EBITDA

2.43

Price/Free Cashflow

-14.8

FSP Price/Sales (Trailing)

FSP Profitability

EBT Margin

-32.83%

Return on Equity

-6.88%

Return on Assets

-4.19%

Free Cashflow Yield

-6.76%

FSP Fundamentals

FSP Revenue

Revenue (TTM)

145.7M

Rev. Growth (Yr)

-15.63%

Rev. Growth (Qtr)

-5.78%

FSP Earnings

Earnings (TTM)

-49.0M

Earnings Growth (Yr)

169.67%

Earnings Growth (Qtr)

109.88%

Breaking Down FSP Revenue

Last 7 days

-8.8%

Last 30 days

-9.2%

Last 90 days

-23.3%

Trailing 12 Months

66.8%

How does FSP drawdown profile look like?

FSP Financial Health

FSP Investor Care

Dividend Yield

1.77%

Dividend/Share (TTM)

0.04

Shares Dilution (1Y)

0.19%

Diluted EPS (TTM)

-0.52

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	161.1M	156.1M	152.1M	145.7M
2022	192.6M	177.7M	167.8M	165.6M
2021	241.9M	237.2M	225.8M	209.4M
2020	267.3M	261.3M	255.0M	245.8M
2019	266.7M	266.8M	266.6M	269.1M
2018	270.7M	269.0M	269.1M	268.9M
2017	258.8M	266.4M	271.7M	272.6M
2016	243.2M	243.7M	245.2M	249.9M
2015	246.9M	244.4M	245.1M	243.9M
2014	232.4M	247.5M	250.2M	249.7M
2013	167.4M	176.7M	193.7M	213.6M
2012	145.4M	149.3M	156.3M	161.6M
2011	119.6M	126.5M	131.1M	138.3M
2010	120.1M	119.2M	118.2M	117.2M
2009	0	0	0	121.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Franklin Street Properties Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 04, 2024	hansen brian n	bought	116,320	2.3264	50,000	-
Nov 13, 2023	hansen brian n	bought	83,732	2.0933	40,000	-
Nov 10, 2023	hansen brian n	bought	73,388	2.0968	35,000	-
Aug 22, 2023	hansen brian n	bought	3,918	1.8	2,177	-
Aug 21, 2023	hansen brian n	bought	35,370	1.795	19,705	-
Aug 18, 2023	hansen brian n	bought	5,610	1.7994	3,118	-
Aug 08, 2023	hansen brian n	bought	17,921	1.7921	10,000	-
Aug 07, 2023	hansen brian n	bought	24,460	1.7999	13,590	-
May 26, 2023	hansen brian n	bought	71,405	1.4281	50,000	-
May 26, 2023	odle jonathan bennett	sold	-518,227	1.4198	-365,000	-

Which funds bought or sold FSP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 05, 2024	GAMMA Investing LLC	unchanged	-	-2,405	28,734	0.01%
Apr 01, 2024	CONFLUENCE INVESTMENT MANAGEMENT LLC	new	-	2,795,860	2,795,860	0.04%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	reduced	-67.99	-30,429	24,195	-%
Mar 11, 2024	VANGUARD GROUP INC	added	0.05	5,837,730	21,020,600	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	98.54	948,575	1,491,450	-%
Feb 26, 2024	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	sold off	-100	-3,000	-	-%
Feb 16, 2024	Madison Avenue Partners, LP	unchanged	-	2,336,920	8,426,090	1.19%
Feb 16, 2024	PRICE T ROWE ASSOCIATES INC /MD/	reduced	-27.69	-	187,000	-%
Feb 16, 2024	GSA CAPITAL PARTNERS LLP	reduced	-33.06	-41,000	515,000	0.04%
Feb 15, 2024	Farther Finance Advisors, LLC	reduced	-55.49	-253	404	-%

Are Funds Buying or Selling FSP?

Are funds buying FSP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FSP

No. of Funds

Unveiling Franklin Street Properties Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	bank of america corp /de/	6.0%	6,182,874	SC 13G
Feb 13, 2024	vanguard group inc	7.94%	8,211,190	SC 13G/A
Feb 12, 2024	fuller & thaler asset management, inc.	6.63%	6,855,331	SC 13G/A
Feb 02, 2024	private management group inc	5.76%	5,955,280	SC 13G
Jan 11, 2024	pacific oak strategic opportunity reit, inc.	5.0%	5,213,461	SC 13D/A
Jul 07, 2023	blackrock inc.	1.9%	1,931,760	SC 13G/A
May 31, 2023	odle jonathan bennett	9.8%	10,500,000	SC 13G/A
May 24, 2023	odle jonathan bennett	10.17%	10,500,000	SC 13G/A
Apr 06, 2023	blackrock inc.	6.7%	6,956,864	SC 13G/A
Feb 14, 2023	fuller & thaler asset management, inc.	7.05%	7,273,544	SC 13G/A

Recent SEC filings of Franklin Street Properties Corp

View All Filings

Date Filed	Form Type	Document
Apr 04, 2024	DEFA14A	DEFA14A
Apr 04, 2024	DEF 14A	DEF 14A
Apr 04, 2024	ARS	ARS
Mar 04, 2024	8-K	Current Report
Mar 04, 2024	4	Insider Trading
Feb 26, 2024	8-K	Current Report
Feb 26, 2024	10-K	Annual Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	SC 13G	Major Ownership Report
Feb 12, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Franklin Street Properties Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	83.1B	11.1B	-9.66%	-13.83%	60.81	7.46	4.04%	-19.43%
CCI	41.5B	7.0B	-9.60%	-26.03%	27.65	5.95	-0.07%	-10.36%
AVB	25.7B	2.8B	-1.70%	6.38%	27.64	9.27	6.73%	-18.30%
ARE	20.5B	2.9B	-3.74%	0.55%	197.59	7.1	11.46%	-80.13%
AMH	12.7B	1.6B	-3.36%	8.14%	29.37	7.9	7.80%	39.39%
REG	10.7B	1.3B	-1.98%	-2.93%	29.32	8.08	8.04%	-24.50%
BXP	9.2B	3.3B	-6.31%	15.09%	48.4	2.81	5.31%	-77.32%
MID-CAP
FRT	8.1B	1.1B	-1.05%	1.77%	34.35	7.19	5.38%	-38.52%
MAC	3.4B	884.1M	-1.05%	66.77%	-12.56	3.89	2.90%	-314.82%
SLG	3.2B	899.4M	-1.62%	125.91%	-5.7	3.58	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	-2.88%	17.82%	19.35	2.84	4.38%	15.77%
AIV	1.2B	198.2M	7.12%	4.87%	-7.34	5.82	-43.33%	-270.70%
MFA	1.1B	605.6M	-7.57%	5.74%	13.37	1.77	25.53%	134.62%
NYMT	627.7M	258.7M	-4.58%	-31.06%	-12.9	2.43	0.11%	83.70%
IVR	399.8M	277.9M	-10.13%	-19.51%	-25.21	1.44	44.33%	96.06%

Franklin Street Properties Corp News

Latest updates

Franklin Street Properties Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-5.8%	35.00	37.00	36.00	38.00	41.00	41.00	41.00	42.00	43.00	51.00	56.00	59.00	60.00	62.00	61.00	63.00	69.00	69.00	67.00	65.00	67.00
Costs and Expenses	-5.6%	40.00	43.00	44.00	44.00	46.00	47.00	49.00	46.00	48.00	55.00	60.00	65.00	64.00	64.00	63.00	64.00	65.00	66.00	65.00	66.00	65.00
S&GA Expenses	-2.8%	3.00	3.00	4.00	4.00	3.00	3.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	3.00	4.00	4.00	4.00	3.00
EBITDA Margin	20.6%	0.21*	0.18*	0.59*	0.58*	0.53*	1.02*	0.92*	1.01*	0.97*	0.76*	0.72*	0.64*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.2%	6.00	6.00	6.00	6.00	6.00	6.00	6.00	5.00	6.00	8.00	10.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00
Income Taxes	-4.3%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.03	0.00
Earnings Before Taxes	108.0%	4.00	-45.60	-8.35	2.00	-2.85	17.00	-9.05	-4.11	79.00	4.00	16.00	-6.39	37.00	-1.61	-2.01	-	-	-	-	-	-5.29
EBT Margin	8.1%	-0.33*	-0.36*	0.06*	0.05*	0.01*	0.50*	0.39*	0.49*	0.44*	0.23*	0.19*	0.11*	-	-	-	-	-	-	-	-	-
Net Income	109.9%	5.00	-45.67	-9.48	2.00	-6.48	17.00	-6.96	1.00	75.00	4.00	20.00	-2.85	37.00	-1.68	-2.00	-19.42	4.00	2.00	2.00	-1.20	1.00
Net Income Margin	14.7%	-0.34*	-0.39*	0.02*	0.03*	0.03*	0.51*	0.41*	0.52*	0.46*	0.26*	0.22*	0.13*	-	-	-	-	-	-	-	-	-
Free Cashflow	-79.3%	1.00	3.00	-5.38	-12.51	-10.99	3.00	-12.01	-19.72	-0.42	3.00	-16.49	-14.38	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.5%	1,169	1,152	1,199	1,214	1,242	1,262	1,332	1,337	1,364	1,507	1,601	1,789	1,793	1,840	1,835	1,848	1,843	1,843	1,843	1,891	1,898
Cash Equivalents	880.4%	128	13.00	7.00	13.00	7.00	9.00	5.00	11.00	41.00	10.00	24.00	4.00	4.00	5.00	3.00	17.00	10.00	20.00	13.00	9.00	11.00
Net PPE	12.8%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Liabilities	3.7%	457	440	440	444	473	490	578	567	581	751	834	1,034	1,025	1,103	1,089	1,090	1,056	1,053	1,043	1,071	1,063
Shareholder's Equity	0.2%	713	711	759	769	769	773	754	770	783	755	767	756	768	737	746	757	786	790	801	820	838
Additional Paid-In Capital	0%	1,335	1,335	1,335	1,335	1,335	1,335	1,335	1,334	1,339	1,349	1,357	1,357	1,357	1,357	1,357	1,357	1,357	1,356	1,356	1,356	1,356
Accumulated Depreciation	-12.5%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00
Shares Outstanding	0%	103	103	103	103	103	103	103	104	107	107	107	107	-	-	-	-	-	-	-	-	-
Float	-	-	-	140	-	-	-	408	-	-	-	538	-	-	-	524	-	-	-	759	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-42.9%	6,321	11,071	1,569	-1,095	5,880	19,588	-462	-9,772	9,401	20,872	4,444	1,645	12,442	30,410	18,396	7,201	21,858	35,407	15,168	9,482	17,284
Share Based Compensation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	7505.0%	99,550	1,309	-6,949	19,726	10,067	85,468	-11,544	-9,952	241,125	72,589	207,782	-16,022	73,028	-18,800	-23,135	-20,054	-22,576	-18,696	38,751	-17,095	-14,891
Cashflow From Financing	248.6%	8,966	-6,034	-1,033	-12,153	-18,032	-101,032	5,716	-10,044	-219,506	-107,910	-192,159	14,340	-86,160	-9,660	-9,654	20,346	-9,651	-9,652	-49,651	5,268	-1,650
Dividend Payments	0%	1,034	1,034	1,032	1,033	1,032	1,032	9,284	42,640	9,506	9,666	9,659	9,660	9,660	9,660	9,654	9,654	9,650	9,651	9,651	9,651	9,650
Buy Backs	-	-	-	-	4,800	-	-	43.00	4,800	9,956	8,244	-	-	-	-	-	-	-	-	-	-	-

FSP Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Rental	$ 145,446	$ 163,739	$ 207,581
Total revenues	145,707	165,615	209,358
Expenses:
Real estate operating expenses	50,732	52,820	60,881
Real estate taxes and insurance	27,200	34,620	41,061
Depreciation and amortization	54,738	63,808	78,544
General and administrative	14,021	13,885	15,898
Interest	24,318	22,808	32,273
Total expenses	171,009	187,941	228,657
Loss on extinguishment of debt	(106)	(78)	(901)
Gain on consolidation of Sponsored REIT	394
Impairment and loan loss reserve		(4,237)
Gain (loss) on sale of properties and impairment of assets held for sale, net	(23,384)	27,939	113,134
Interest income	567
New	(47,831)	1,298	92,934
Tax expense	279	204	638
Equity in income of non-consolidated REITs			421
Net income (loss)	$ (48,110)	$ 1,094	$ 92,717
Weighted average number of shares outstanding, basic	103,357,000	103,338,000	106,667,000
Weighted average number of shares outstanding, diluted	103,357,000	103,338,000	106,667,000
Net income (loss) per share, basic	$ (0.47)	$ 0.01	$ 0.87
Net income (loss) per share, diluted	$ (0.47)	$ 0.01	$ 0.87
Rental
Revenues:
Rental	$ 145,446	$ 163,739	$ 207,581
Related party revenue: Management fees and interest income from loans
Revenues:
Revenue		1,855	1,700
Related party revenue: Other
Revenues:
Revenue	$ 261	$ 21	$ 77

FSP Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Real estate assets:
Land (amounts related to variable interest entities ("VIEs") of $6,416 and $0 at December 31, 2023 and December 31, 2022, respectively)	$ 110,298	$ 126,645
Buildings and improvements (amounts related to VIEs of $13,279 and $0 at December 31, 2023 and December 31, 2022, respectively)	1,133,971	1,388,869
Fixtures and equipment	12,904	11,151
Total real estate assets, gross	1,257,173	1,526,665
Less accumulated depreciation (amounts related to VIEs of $341 and $0 at December 31, 2023 and December 31, 2022, respectively)	366,349	423,417
Real estate assets, net (amounts related to VIEs of $19,354 and $0 at December 31, 2023 and December 31, 2022, respectively)	890,824	1,103,248
Acquired real estate leases, less accumulated amortization of $20,413 and $20,243, respectively (amounts related to VIEs of $305 and $0, less accumulated amortization of $222 and $0 at December 31, 2023 and December 31, 2022, respectively)	6,694	10,186
Asset held for sale	73,318
Cash, cash equivalents and restricted cash (amounts related to VIEs of $2,167 and $0 at December 31, 2023 and December 31, 2022, respectively)	127,880	6,632
Tenant rent receivables	2,191	2,201
Straight-line rent receivable	40,397	52,739
Prepaid expenses and other assets	4,239	6,676
Other assets: derivative asset		4,358
Related party mortgage loan receivable, less allowance for credit loss of $0 and $4,237, respectively		19,763
Office computers and furniture, net of accumulated depreciation of $1,020 and $1,115, respectively	123	154
Deferred leasing commissions, net of accumulated amortization of $16,008 and $19,043, respectively	23,664	35,709
Total assets	1,169,330	1,241,666
Liabilities:
Bank note payable	90,000	48,000
Term loans payable, less unamortized financing costs of $293 and $250, respectively	114,707	164,750
Series A & Series B Senior Notes, less unamortized financing costs of $329 and $494, respectively	199,670	199,506
Accounts payable and accrued expenses (amounts related to VIEs of $590 and $0 at December 31, 2023 and December 31, 2022, respectively)	41,879	50,366
Accrued compensation	3,644	3,644
Tenant security deposits	6,204	5,710
Lease liability	334	759
Acquired unfavorable real estate leases, less accumulated amortization of $396 and $574, respectively	87	195
Total liabilities	456,525	472,930
Commitments and contingencies
Stockholders' Equity:
Preferred stock, $.0001 par value, 20,000,000 shares authorized, none issued or outstanding
Common stock, $.0001 par value, 180,000,000 shares authorized, 103,430,353 and 103,235,914 shares issued and outstanding, respectively	10	10
Additional paid-in capital	1,335,091	1,334,776
Accumulated other comprehensive income	355	4,358
Distributions in excess of accumulated earnings	(622,651)	(570,408)
Total stockholders' equity	712,805	768,736
Total liabilities and stockholders' equity	$ 1,169,330	$ 1,241,666

About Franklin Street Properties Corp

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.

CEO	Mr. George John Carter
WEBSITE	fspreit.com
INDUSTRY	REIT Mortgage
EMPLOYEES	28

Franklin Street Properties Corp Frequently Asked Questions

What is the ticker symbol for Franklin Street Properties Corp? What does FSP stand for in stocks?

FSP is the stock ticker symbol of Franklin Street Properties Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Franklin Street Properties Corp (FSP)?

As of Mon Apr 15 2024, market cap of Franklin Street Properties Corp is 203.76 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FSP stock?

You can check FSP's fair value in chart for subscribers.

What is the fair value of FSP stock?

You can check FSP's fair value in chart for subscribers. The fair value of Franklin Street Properties Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Franklin Street Properties Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FSP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Franklin Street Properties Corp a good stock to buy?

The fair value guage provides a quick view whether FSP is over valued or under valued. Whether Franklin Street Properties Corp is cheap or expensive depends on the assumptions which impact Franklin Street Properties Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FSP.

What is Franklin Street Properties Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, FSP's PE ratio (Price to Earnings) is -4.15 and Price to Sales (PS) ratio is 1.4. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FSP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Franklin Street Properties Corp's stock?

In the past 10 years, Franklin Street Properties Corp has provided -0.118 (multiply by 100 for percentage) rate of return.