STOCK TITAN

Franklin Street Properties Corp. - FSP STOCK NEWS

Welcome to our dedicated news page for Franklin Street Properties (Ticker: FSP), a resource for investors and traders seeking the latest updates and insights on Franklin Street Properties.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Franklin Street Properties's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Franklin Street Properties's position in the market.

Rhea-AI Summary
Franklin Street Properties Corp. (FSP) reported its Q4 and full-year 2023 results, highlighting property dispositions, debt reduction, leasing activities, and financial performance. The company aims to increase shareholder value through strategic property sales and occupancy enhancement. FSP's financials show a mix of net income and losses, Funds From Operations (FFO), debt repayments, and amendments to debt facilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.19%
Tags
earnings
-
Rhea-AI Summary
Franklin Street Properties Corp. (FSP) announces the release of its Q4 and full-year 2023 results on February 26, 2024. An investor call is scheduled for February 27, 2024, to discuss the financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.94%
Tags
earnings
-
Rhea-AI Summary
Franklin Street Properties Corp. announced the tax composition of its 2023 distributions for shareholders, encouraging them to consult with their tax advisors. The total distribution per share is $0.04, with no taxable or capital gains. Ticker Symbol: FSP Common Stock (CUSIP # 35471R106)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.57%
Tags
none
Rhea-AI Summary
Franklin Street Properties Corp. (FSP) Declares Quarterly Dividend of $0.01 Per Share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
dividends
-
Rhea-AI Summary
FSP Franklin Street Properties Corp NYSE American: FSP Announces Q3 2023 Results, Property Dispositions, Debt Reduction, and Dividend Declaration
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.34%
Tags
earnings
-
Rhea-AI Summary
Franklin Street Properties Corp. (FSP) will release its Q3 2023 results on November 7, 2023, followed by a conference call on November 8, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.18%
Tags
earnings
Rhea-AI Summary
Franklin Street Properties Corp. declares quarterly dividend of $0.01 per share of common stock
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.3%
Tags
dividends
-
Rhea-AI Summary
Franklin Street Properties Corp. (FSP) announced its Q2 2023 results, reporting a GAAP net loss of $8.4 million and $6.0 million for the three and six months ended June 30, 2023, respectively. Funds From Operations (FFO) was $7.1 million and $15.5 million for the same periods. The company leased approximately 445,000 square feet during the six months, with a weighted average GAAP base rent per square foot of $29.14, 7.2% higher than the previous year. They have entered into purchase and sale agreements for the potential sale of three properties, expected to close in Q4 2023, with aggregate gross proceeds of approximately $156 million. The company declared a quarterly cash dividend of $0.01 per share of common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.59%
Tags
earnings
-
Rhea-AI Summary
Franklin Street Properties Corp. (FSP) will release its Q2 2023 results on August 1, 2023, after the market closes. The company will hold a conference call/webcast on August 2, 2023, at 11:00 AM ET to discuss the results. Dial 888-440-4368 (conference ID 5398803) to access the call. Webcast available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.31%
Tags
dividends
Franklin Street Properties Corp.

NYSE:FSP

FSP Rankings

FSP Stock Data

234.79M
86.47M
20.46%
57.47%
0.66%
Other Financial Vehicles
Finance and Insurance
Link
US
Wakefield

About FSP

franklin street properties corp. (“fsp”), a real estate investment trust (reit) based in wakefield, massachusetts, is focused on investing in institutional-quality office properties in major u.s. markets. fsp’s strategy is to invest in select urban infill and central business district (cbd) properties, with primary emphasis on our top five markets of atlanta, dallas, denver, houston, and minneapolis. fsp seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. fsp’s primary real estate operations include property acquisitions and dispositions, leasing, development and asset management. fsp began operations in 1997 and became a publicly-traded company in june 2005.