Franklin Street Properties (NYSE:FSP – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.10), RTT News reports. Franklin Street Properties had a negative return on equity of 10.06% and a negative net margin of 52.85%. The firm had revenue of $29.68 million during the quarter. During the same period in the prior year, the company earned ($0.44) EPS.
Franklin Street Properties Trading Up 0.8 %
Shares of Franklin Street Properties stock traded up $0.02 during trading on Wednesday, reaching $1.87. 24,933 shares of the company were exchanged, compared to its average volume of 615,535. Franklin Street Properties has a twelve month low of $1.47 and a twelve month high of $2.72. The business has a 50-day moving average price of $1.71 and a 200-day moving average price of $1.73. The company has a quick ratio of 2.79, a current ratio of 2.79 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $193.19 million, a price-to-earnings ratio of -2.68 and a beta of 0.81.
Franklin Street Properties Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Shareholders of record on Friday, October 18th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date is Friday, October 18th. Franklin Street Properties’s dividend payout ratio is presently -5.88%.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on Franklin Street Properties
About Franklin Street Properties
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.
Read More
- Five stocks we like better than Franklin Street Properties
- Using the MarketBeat Dividend Yield Calculator
- Boeing: Why Analysts Think Now’s The Time To Be Brave
- Where Do I Find 52-Week Highs and Lows?
- Advanced Micro Devices is Building Momentum with AI: Buy the Dip
- High Flyers: 3 Natural Gas Stocks for March 2022
- Can Evolv Stock Recover From Its Massive Self-Inflicted Drop?
Receive News & Ratings for Franklin Street Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Street Properties and related companies with MarketBeat.com's FREE daily email newsletter.