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

1.96USD+0.05 (+2.62%)Delayed

Market Summary

USD1.96+0.05

Delayed

2.62%

FSP Stock Price

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FSP RSI Chart

FSP Valuation

Market Cap

202.7M

Price/Earnings (Trailing)

-3.46

Price/Sales (Trailing)

1.46

EV/EBITDA

8.59

Price/Free Cashflow

-11.85

FSP Price/Sales (Trailing)

FSP Profitability

Operating Margin

49.74%

EBT Margin

-41.53%

Return on Equity

-8.33%

Return on Assets

-5.64%

Free Cashflow Yield

-8.44%

FSP Fundamentals

FSP Revenue

Revenue (TTM)

139.2M

Rev. Growth (Yr)

-17.32%

Rev. Growth (Qtr)

-10.2%

FSP Earnings

Earnings (TTM)

-58.6M

Earnings Growth (Yr)

-413.88%

Earnings Growth (Qtr)

-283.88%

Breaking Down FSP Revenue

Last 7 days

2.6%

Last 30 days

3.2%

Last 90 days

-17.0%

Trailing 12 Months

21.0%

How does FSP drawdown profile look like?

FSP Financial Health

FSP Investor Care

Dividend Yield

2.04%

Dividend/Share (TTM)

0.04

Shares Dilution (1Y)

0.19%

Diluted EPS (TTM)

-0.56

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	139.2M	0	0	0
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
May 16, 2024	JANE STREET GROUP, LLC	added	9.69	-40,180	1,427,630	-%
May 15, 2024	SVB WEALTH LLC	unchanged	-	-4,346	34,016	-%
May 15, 2024	683 Capital Management, LLC	sold off	-100	-242,632	-	-%
May 15, 2024	Laurion Capital Management LP	unchanged	-	-129,019	1,009,910	0.01%
May 15, 2024	D. E. Shaw & Co., Inc.	added	44.8	238,652	1,079,150	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	added	61.76	1,134,780	3,747,410	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-7.56	-262,144	1,191,590	-%
May 15, 2024	MIRABELLA FINANCIAL SERVICES LLP	sold off	-100	-80,333	-	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	146	37,537	69,110	-%
May 15, 2024	TWO SIGMA ADVISERS, LP	added	317	208,510	285,566	-%

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
May 17, 2024	8-K	Current Report
Apr 30, 2024	8-K	Current Report
Apr 30, 2024	10-Q	Quarterly Report
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

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	90.9B	11.2B	13.13%	1.87%	46.04	8.11	3.63%	50.79%
CCI	44.7B	6.8B	10.57%	-9.74%	32.06	6.53	-2.39%	-16.60%
AVB	28.3B	2.8B	9.91%	13.04%	29.6	10.08	5.72%	-6.47%
ARE	21.7B	3.0B	6.63%	6.21%	110.61	7.35	10.44%	-73.79%
AMH	13.5B	-	6.12%	9.11%	31.9	8.3	8.93%	11.87%
REG	11.3B	1.4B	6.30%	4.57%	30.12	8.22	10.48%	-2.93%
BXP	9.9B	3.3B	9.08%	28.09%	51.64	3	4.82%	-75.15%
MID-CAP
FRT	8.5B	1.2B	5.40%	14.57%	35.59	7.38	5.48%	-38.69%
SLG	3.4B	892.3M	6.62%	140.10%	-6.71	3.85	-5.33%	-307.54%
MAC	3.4B	878.0M	1.11%	67.10%	-9.8	3.82	2.35%	-290.60%
SMALL-CAP
AAT	1.4B	444.1M	12.17%	21.82%	20.36	3.15	3.54%	8.91%
AIV	1.2B	198.2M	6.70%	-0.84%	-7.55	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	7.51%	2.13%	36.77	1.73	27.93%	140.31%
NYMT	572.0M	285.4M	-8.06%	-36.92%	-4.15	2	11.05%	83.70%
IVR	459.4M	277.2M	15.74%	-12.95%	-56.03	1.66	25.89%	94.64%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-10.2%	31.00	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
Costs and Expenses	-2.0%	40.00	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
S&GA Expenses	31.1%	4.00	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
EBITDA Margin	-35.6%	0.14*	0.21*	0.18*	0.59*	0.58*	0.53*	1.02*	0.92*	1.01*	0.97*	0.76*	0.72*	-	-	-	-	-	-	-	-	-
Interest Expenses	10.1%	7.00	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
Income Taxes	-13.4%	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	-0.03
Earnings Before Taxes	-305.8%	-7.49	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	-	-	-	-	-
EBT Margin	-26.5%	-0.42*	-0.33*	-0.36*	0.06*	0.05*	0.01*	0.50*	0.39*	0.49*	0.44*	0.23*	0.19*	-	-	-	-	-	-	-	-	-
Net Income	-283.9%	-7.55	4.00	-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
Net Income Margin	-26.1%	-0.42*	-0.33*	-0.39*	0.02*	0.03*	0.03*	0.51*	0.41*	0.52*	0.46*	0.26*	0.22*	-	-	-	-	-	-	-	-	-
Free Cashflow	-2338.3%	-15.85	1.00	3.00	-5.38	-12.51	-10.99	3.00	-12.01	-19.72	-0.42	3.00	-16.49	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-11.1%	1,039	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
Cash Equivalents	-70.5%	38.00	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
Net PPE	-13.8%	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	-26.6%	335	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
Shareholder's Equity	-1.3%	704	713	711	759	769	769	773	754	770	783	755	767	756	768	737	746	757	786	790	801	820
Additional Paid-In Capital	0%	1,335	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
Accumulated Depreciation	1.6%	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	1.00
Shares Outstanding	0%	103	103	103	103	103	103	103	103	104	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-212.1%	-7,088	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
Share Based Compensation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	-74.3%	25,570	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
Cashflow From Financing	-1311.1%	-108,583	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
Dividend Payments	0%	1,034	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
Buy Backs	-	-	-	-	-	4,800	-	-	43.00	4,800	9,956	8,244	-	-	-	-	-	-	-	-	-	-

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FSP Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Total revenues	$ 31,225	$ 37,767
Expenses:
Real estate operating expenses	11,019	12,690
Real estate taxes and insurance	5,936	6,973
Depreciation and amortization	11,625	14,727
General and administrative	4,159	3,817
Interest	6,846	5,806
Total expenses	39,585	44,013
Loss on extinguishment of debt	(137)	(67)
Gain on consolidation of Sponsored REIT		394
Gain (loss) on sale of properties and impairment of assets held for sale, net	(5)	8,392
Interest income	1,008
Income (loss) before taxes	(7,494)	2,473
Tax expense	58	67
Net income (loss)	$ (7,552)	$ 2,406
Weighted average number of shares outstanding, basic	103,430	103,236
Weighted average number of shares outstanding, diluted	103,430	103,236
Net income (loss) per share, basic	$ (0.07)	$ 0.02
Net income (loss) per share, diluted	$ (0.07)	$ 0.02
Rental
Revenues:
Rental	$ 31,225	$ 37,767

FSP Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Real estate assets:
Land (amounts related to variable interest entities ("VIEs") of $6,416 and $6,416 at March 31, 2024 and December 31, 2023, respectively)	$ 110,298	$ 110,298
Buildings and improvements (amounts related to VIEs of $13,279 and $13,279 at March 31, 2024 and December 31, 2023, respectively)	1,137,496	1,133,971
Fixtures and equipment	13,002	12,904
Total real estate assets, gross	1,260,796	1,257,173
Less accumulated depreciation (amounts related to VIEs of $426 and $341 at March 31, 2024 and December 31, 2023, respectively)	376,063	366,349
Real estate assets, net (amounts related to VIEs of $19,269 and $19,354 at March 31, 2024 and December 31, 2023, respectively)	884,733	890,824
Acquired real estate leases, less accumulated amortization of $19,840 and $20,413, respectively (amounts related to VIEs of $67 and $305, less accumulated amortization of $22 and $222 at March 31, 2024 and December 31, 2023, respectively)	5,971	6,694
Asset held for sale	38,947	73,318
Cash, cash equivalents and restricted cash (amounts related to VIEs of $2,080 and $2,167 at March 31, 2024 and December 31, 2023, respectively)	37,779	127,880
Tenant rent receivables	2,200	2,191
Straight-line rent receivable	40,357	40,397
Prepaid expenses and other assets	4,140	4,239
Office computers and furniture, net of accumulated depreciation of $1,036 and $1,020, respectively	106	123
Deferred leasing commissions, net of accumulated amortization of $16,914 and $16,008, respectively	24,730	23,664
Total assets	1,038,963	1,169,330
Liabilities:
Bank note payable		90,000
Term loans payable, less unamortized financing costs of $4,202 and $293, respectively	149,169	114,707
Series A & Series B Senior Notes, less unamortized financing costs of $2,290 and $329, respectively	147,340	199,670
Accounts payable and accrued expenses (amounts related to VIEs of $702 and $590 at March 31, 2024 and December 31, 2023, respectively)	30,099	41,879
Accrued compensation	1,196	3,644
Tenant security deposits	6,268	6,204
Lease liability	953	334
Acquired unfavorable real estate leases, less accumulated amortization of $407 and $396, respectively	74	87
Total liabilities	335,099	456,525
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 103,430,353 shares issued and outstanding, respectively	10	10
Additional paid-in capital	1,335,091	1,335,091
Accumulated other comprehensive income		355
Distributions in excess of accumulated earnings	(631,237)	(622,651)
Total stockholders' equity	703,864	712,805
Total liabilities and stockholders' equity	$ 1,038,963	$ 1,169,330

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 Fri May 17 2024, market cap of Franklin Street Properties Corp is 202.72 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 Fri May 17 2024, FSP's PE ratio (Price to Earnings) is -3.46 and Price to Sales (PS) ratio is 1.46. 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 -0.12 (multiply by 100 for percentage) rate of return.