FSP
Franklin Street PropertiesFSP
FSP
About: Franklin Street Properties Corp is a real estate investment trust. The company is focused on commercial real estate investments in office markets and currently operate in only one segment: real estate operations. The company's operations include rental income from real estate leasing, interest income from secured loans made on office properties, property dispositions, and fee income from asset/property management and development. Franklin Street markets Atlanta, Dallas, Denver, Houston, and Minneapolis.
Employees: 28
0
Funds holding %
of 7,390 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
2% less capital invested
Capital invested by funds: $113M [Q3] → $111M (-$2.14M) [Q4]
3% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 35
3.02% less ownership
Funds ownership: 61.53% [Q3] → 58.51% (-3.02%) [Q4]
7% less funds holding
Funds holding: 121 [Q3] → 113 (-8) [Q4]
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
93% less call options, than puts
Call options by funds: $4K | Put options by funds: $58K
Research analyst outlook
We haven’t received any recent analyst ratings for FSP.
Financial journalist opinion
Positive
Seeking Alpha
3 weeks ago
REITs Rally As Rates Tumble
US equity markets declined for the fourth week in the past five after a frenetic slate of geopolitical headlines and economic data indicated a sluggish start to 2025 for global growth. The Atlanta Fed's updated growth forecast indicated a -1.5% contraction in first-quarter GDP, while PCE data showed the first monthly decline in personal spending in nearly two years. Buoyed by the interest rate retreat, real estate equities were also a notable source of strength this week as REIT earnings season wrapped up with a surprisingly solid slate of results.
Positive
Seeking Alpha
1 month ago
Franklin Street Properties: We Keep Buying
Franklin Street Properties is significantly undervalued, trading well below its book value, with recent financials showing a stable trajectory and positive FFO. The commercial real estate market is recovering, offering a small tailwind for FSP, with a 4.5% index increase over the past year. Recent developments include the sale of Pershing Park Plaza and an agreement with activist investors, potentially closing the share price gap.
Neutral
Seeking Alpha
1 month ago
Franklin Street Properties Corporation (FSP) Q4 2024 Earnings Call Transcript
Franklin Street Properties Corporation. (NYSE:FSP ) Q4 2024 Earnings Conference Call February 12, 2025 11:00 AM ET Company Participants Scott Carter - EVP, General Counsel & Secretary John Demeritt - EVP, CFO & Treasurer George Carter - Chairman & CEO John Donahue - EVP Jeffrey Carter - President & Chief Investment Officer Conference Call Participants Steven Dumanski - Janney Operator Thank you for standing by.
Neutral
Business Wire
1 month ago
Franklin Street Properties Corp. Announces Fourth Quarter and Full Year 2024 Results
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 the year ended December 31, 2024. George J. Carter, Chairman and Chief Executive Officer, commented as follows: “During the fourth quarter of 2024, we leased a total of approximately 252,000 square feet of office space within our approximately 4.8 million square foot directly–owned.
Neutral
Business Wire
1 month ago
Franklin Street Properties Corp. to Announce Fourth Quarter and Full Year 2024 Results
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 release its results for the fourth quarter and full year 2024 after the market closes on Tuesday, February 11, 2025. The Company will hold a conference call/webcast with the investment community to discuss the results at 11:00 AM ET on Wednesday morning, February 12, 2025. To access the call, please dial 888-.
Neutral
Business Wire
2 months ago
Franklin Street Properties Corp. Announces Tax Composition of 2024 Distributions
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”) (NYSE American: FSP) announced today the tax composition of its 2024 distributions. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of FSP distributions. Ticker Symbol: FSP Common Stock (CUSIP # 35471R106) 2024 2024 2024 2024 Total Unrecap. Total Taxable Taxable Capital 2024 Section Record Payable Distribution Ordinary Quali.
Neutral
Business Wire
2 months ago
Franklin Street Properties Corp. Declares Quarterly Dividend
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP) announced today that its Board of Directors declared a quarterly dividend of $0.01 per share of common stock for the period October 1, 2024 through December 31, 2024, payable on February 13, 2025 to stockholders of record as of January 24, 2025. This press release, along with other news about FSP, is available on the Internet at www.fspreit.com. We routinely post information that may.
Negative
Seeking Alpha
3 months ago
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office REITs reported quarter-over-quarter declines during the third quarter, while eight recorded gains. US office REIT stocks outperformed the Dow Jones Equity All REIT Index during the third quarter as well as the S&P 500.
Neutral
Business Wire
3 months ago
Franklin Street Properties Corp. Appoints Bruce J. Schanzer to Board of Directors and Enters into Cooperation Agreement with Converium Capital Inc. and Erez Asset Management LLC
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that Bruce J. Schanzer will join the Company's Board of Directors (the “Board”), effective November 27, 2024. In addition, effective November 27, 2024, the Board will appoint Mr. Schanzer to serve as a member of the Audit Committee. With the addition of Mr. Schanzer to the Board, effective November 27, 2024, the Board will be c.
Neutral
Seeking Alpha
4 months ago
Franklin Street Properties Corporation (FSP) Q3 2024 Earnings Call Transcript
Franklin Street Properties Corporation. (NYSE:FSP ) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Scott Carter - EVP, General Counsel & Secretary John Demeritt - EVP, CFO & Treasurer George Carter - Chairman & CEO John Donahue - EVP Jeff Carter - President & Chief Investment Officer Conference Call Participants Steven Dumanski - Janney Operator Good morning.
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