-2.70%
-1.64%
1.69%
3.45%
-26.83%
-67.57%
-76.32%
AI Spotlight on FSP
Company Description
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.
Market Data
| Last Price | 1.8 |
| Change Percentage | -2.70% |
| Open | 1.84 |
| Previous Close | 1.85 |
| Market Cap ( Millions) | 186 |
| Volume | 128084 |
| Year High | 2.48 |
| Year Low | 1.47 |
| M A 50 | 1.86 |
| M A 200 | 1.78 |
Financial Ratios
| FCF Yield | -6.24% |
| Dividend Yield | 2.22% |
| ROE | -5.88% |
| Debt / Equity | 41.16% |
| Net Debt / EBIDTA | 606.93% |
| Price To Book | 0.28 |
| Price Earnings Ratio | -4.59 |
| Price To FCF | -16.03 |
| Price To sales | 1.46 |
| EV / EBITDA | 10.92 |
News
- Jan -16 - Franklin Street Properties Corp. Announces Tax Composition of 2024 Distributions
- Nov -27 - 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
- Nov -05 - CRIANN boosts bandwidth in French research and education network with Adtran FSP 3000
- Oct -30 - Franklin Street Properties Corporation (FSP) Q3 2024 Earnings Call Transcript
- Oct -14 - Franklin Street Properties: Buying Hand Over Fist
- Sep -18 - Cytek® Biosciences Brings Full Spectrum Profiling™ (FSP™) Technology to the Forefront at Major Clinical Conferences in the U.S. and Europe
- Aug -02 - Franklin Street Properties: Continuing On Its Course
- Jul -31 - Franklin Street Properties Corporation (FSP) Q2 2024 Earnings Call Transcript
- Jul -10 - Franklin Street Properties Corp. Assesses Impact of Hurricane Beryl
- Jun -02 - Eyes On The ECB
- May -01 - Franklin Street Properties Corp (FSP) Q1 2024 Earnings Call Transcript
- Apr -30 - Franklin Street Properties (FSP) Meets Q1 FFO Estimates
- Apr -30 - Franklin Street Properties Corp. Announces First Quarter 2024 Results
- Apr -25 - Franklin Street Properties: Positive Debt Extensions And Low Multiple (Rating Upgrade)
- Apr -22 - Franklin Street Properties Corp. to Announce First Quarter 2024 Results
- Apr -17 - The State Of REITs: April 2024 Edition
- Apr -05 - Franklin Street Properties Corp. Declares Quarterly Dividend
- Feb -27 - Franklin Street Properties Corp. (FSP) Q4 2023 Earnings Call Transcript
- Feb -27 - Franklin Street Properties (FSP) Q4 FFO Meet Estimates
- Feb -26 - Franklin Street Properties Corp. Announces Fourth Quarter and Full Year 2023 Results
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Real Estate Operations
Expected Growth : 4.65 %
What the company do ?
Franklin Street Properties Corp.'s Real Estate Operations segment involves acquiring, owning, and operating commercial properties, including office, industrial, and retail spaces, generating rental income.
Why we expect these perspectives ?
Franklin Street Properties Corp.'s 4.65% growth in Real Estate Operations is driven by increasing demand for office spaces, strategic property acquisitions, and effective asset management. Additionally, the company's focus on high-growth markets, such as Boston and Dallas, contributes to its growth. Furthermore, the company's ability to maintain a strong balance sheet and access to capital also supports its growth initiatives.
Franklin Street Properties Corp. Products
| Product Range | What is it ? |
|---|---|
| Office Properties | Franklin Street Properties Corp. owns and operates a diverse portfolio of office properties, providing high-quality, amenity-rich spaces for businesses and organizations. |
| Industrial Properties | The company's industrial portfolio comprises warehouses, distribution centers, and manufacturing facilities, catering to the logistics and supply chain needs of various industries. |
| Retail Properties | Franklin Street Properties Corp. owns and operates a range of retail properties, including shopping centers, strip centers, and single-tenant retail buildings. |
| Apartment Communities | The company's multifamily portfolio offers a range of apartment communities, providing residents with comfortable, amenity-rich living spaces. |
| Hotel Properties | Franklin Street Properties Corp. owns and operates a selection of hotel properties, offering comfortable accommodations and amenities for travelers. |
| Land Development | The company's land development services focus on acquiring, entitling, and developing raw land into commercial and residential properties. |
Franklin Street Properties Corp.'s Porter Forces
Threat Of Substitutes
Franklin Street Properties Corp. operates in the real estate industry, which has a moderate threat of substitutes. While there are alternative investment options available, the company's focus on commercial properties and its diversified portfolio mitigate the threat of substitutes.
Bargaining Power Of Customers
Franklin Street Properties Corp. has a diverse tenant base, which reduces the bargaining power of individual customers. Additionally, the company's properties are located in prime areas, making it difficult for customers to negotiate rents.
Bargaining Power Of Suppliers
Franklin Street Properties Corp. has a strong financial position, which gives it bargaining power over its suppliers. The company can negotiate favorable terms with its suppliers, reducing its costs.
Threat Of New Entrants
The real estate industry has high barriers to entry, including significant capital requirements and regulatory hurdles. This makes it difficult for new entrants to compete with established players like Franklin Street Properties Corp.
Intensity Of Rivalry
The real estate industry is highly competitive, with many established players competing for a limited number of tenants. Franklin Street Properties Corp. must continually innovate and improve its properties to remain competitive.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 36.20% |
| Debt Cost | 7.00% |
| Equity Weight | 63.80% |
| Equity Cost | 8.06% |
| WACC | 7.67% |
| Leverage | 56.73% |
Franklin Street Properties Corp. : Quality Control
Franklin Street Properties Corp. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ONL | Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio … |
| PGRE | Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select … |
| JBGS | JBG SMITH is an S&P 400 company that owns, operates, invests in and develops a dynamic portfolio of high-growth mixed-use properties in and around Washington, DC. Through an intense focus … |
| DEA | Easterly Government Properties, Inc. (NYSE:DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. … |
| HPP | Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling nearly 19 million square feet, including land for development. Focused on premier West … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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