Franklin Street Properties Corp Stock News

Franklin Street (FSP) delivered FFO and revenue surprises of -9.09% and 2.39%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to rel

The heavy selling pressure might have exhausted for Franklin Street (FSP) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street anal

Due to the rising popularity of WFA culture, Franklin Street Properties is facing a situation of declining occupancy, as well as lease termination in the coming years. In order to create value for its

Franklin Street Properties Corp (NYSE:FSP ) Q1 2022 Earnings Conference Call May 4, 2022 11:00 AM ET Company Participants Scott Carter - Executive VP, General Counsel & Secretary John Demeritt - Execu

Franklin Street Properties Corp with ticker code (FSP) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 6.5 and 6 with a mean TP of 6.33. Now with the previous closing price of 5.79 this would imply there is a potential upside of 9.3%. There is a 50 day moving average of 5.82 and the 200 day MA is 5.37. The company has a market cap of $604m. Find out more information at: https://www.fspreit.com [stock_market_widget type="chart" template="basic" color="green" assets=FSP" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $661m based on the market concensus. 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.

Franklin Street Properties Corp found using ticker (FSP) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 6.5 and 6 with a mean TP of 6.33. With the stocks previous close at 5.67 this would indicate that there is a potential upside of 11.6%. There is a 50 day moving average of 5.88 and the 200 day MA is 5.34. The market cap for the company is $590m. Company Website: https://www.fspreit.com [stock_market_widget type="chart" template="basic" color="green" assets=FSP" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $658m based on the market concensus. 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.

Franklin Street Properties has not performed well at all even as the worst of the COVID-19 pandemic draws slowly to an end.

During the last session, Franklin Street Properties Corp. (AMEX:FSP)s traded shares were 0.62 million, with the beta value of the company hitting 0.86. At the end of the trading day, the stocks price was $5.67, reflecting an intraday loss of -0.87% or -$0.05. The 52-week high for the FSP share is $6.31, that puts it Will Franklin Street Properties Corp. (AMEX: FSP) Stock Boom Or Bust From Here? Read More »

Franklin Street Properties Corp. (FSP) CEO George Carter on Q4 2021 Results - Earnings Call Transcript

Franklin Street Properties press release (FSP): Q4 Non-GAAP EPS of $0.16 misses by $0.62.Revenue of $43.38M (-27.5% Y/Y) misses by $0.65M.

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the fourth quarter and year ended December 31, 2021. Significant Debt Reduction and New Revolving Line of Credit Improve Balance Sheet Flexibility for Future Growth Opportunities Between September 30, 2020 and December 31, 2021, we reduced total indebtedness by approximately 53%, from approximately $1.0 b

Franklin Street (FSP) delivered FFO and revenue surprises of -16.67% and 2.43%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?