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Franklin Street Properties Corp (FSP)

Upturn stock ratingUpturn stock rating
$1.66
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
  • ALL
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Upturn Advisory Summary

08/28/2025: FSP (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $2

1 Year Target Price $2

Analysts Price Target For last 52 week
$2 Target price
52w Low $1.34
Current$1.66
52w High $2.17

Analysis of Past Performance

Type Stock
Historic Profit -21.9%
Avg. Invested days 30
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 172.13M USD
Price to earnings Ratio -
1Y Target Price 2
Price to earnings Ratio -
1Y Target Price 2
Volume (30-day avg) 1
Beta 0.87
52 Weeks Range 1.34 - 2.17
Updated Date 08/28/2025
52 Weeks Range 1.34 - 2.17
Updated Date 08/28/2025
Dividends yield (FY) 2.42%
Basic EPS (TTM) -0.51

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -47.78%
Operating Margin (TTM) -7.8%

Management Effectiveness

Return on Assets (TTM) -0.56%
Return on Equity (TTM) -8.18%

Valuation

Trailing PE -
Forward PE 256.41
Enterprise Value 391052964
Price to Sales(TTM) 1.54
Enterprise Value 391052964
Price to Sales(TTM) 1.54
Enterprise Value to Revenue 3.5
Enterprise Value to EBITDA 22.66
Shares Outstanding 103690000
Shares Floating 75821487
Shares Outstanding 103690000
Shares Floating 75821487
Percent Insiders 24.52
Percent Institutions 66.58

ai summary icon Upturn AI SWOT

Franklin Street Properties Corp

stock logo

Company Overview

overview logo History and Background

Franklin Street Properties Corp. (FSP) was founded in 1997 and is a real estate investment trust (REIT) focused on owning and operating office properties, primarily in the U.S. Sunbelt and Mountain West regions. The company has adjusted its strategy over time to focus on fewer, higher-quality assets.

business area logo Core Business Areas

  • Office Property Ownership: FSP's primary business is the ownership, management, and leasing of office properties. They generate revenue through rental income from these properties.

leadership logo Leadership and Structure

George J. Carter serves as Chairman and Chief Executive Officer. The company operates under a typical REIT structure with a Board of Directors overseeing management.

Top Products and Market Share

overview logo Key Offerings

  • Office Space Leasing: FSP leases office space in its portfolio of properties. Market share is difficult to pinpoint precisely for a REIT, but it operates in a competitive landscape with other REITs and private landlords. Competitors include Boston Properties (BXP), Alexandria Real Estate Equities (ARE), and Highwoods Properties (HIW).

Market Dynamics

industry overview logo Industry Overview

The office REIT industry is influenced by economic conditions, employment rates, interest rates, and trends in remote work. Demand for office space fluctuates with these factors.

Positioning

FSP focuses on office properties in specific geographic regions (Sunbelt and Mountain West). Its competitive advantages are based on property location, quality, and management expertise. In recent years, FSP has faced challenges due to the impact of remote work on office space demand.

Total Addressable Market (TAM)

The commercial real estate market represents a multi-trillion-dollar TAM. FSP's positioning within this TAM is relatively small, with a regional focus.

Upturn SWOT Analysis

Strengths

  • Experienced management team
  • Focus on Sunbelt and Mountain West markets
  • Diversified tenant base

Weaknesses

  • High debt levels
  • Small market capitalization
  • Concentration in office sector which is negatively impacted by remote work

Opportunities

  • Acquisition of undervalued properties
  • Capitalizing on growth in Sunbelt and Mountain West regions
  • Renovation and repositioning of existing properties

Threats

  • Rising interest rates
  • Economic downturn
  • Increased competition in target markets
  • Permanent shifts to remote work affecting demand for office space

Competitors and Market Share

competitor logo Key Competitors

  • BXP
  • ARE
  • HIW
  • SL Green Realty Corp (SLG)

Competitive Landscape

FSP is a smaller player compared to its larger peers like BXP and ARE. Its focus on specific geographic regions can be an advantage, but its smaller size limits its access to capital and economies of scale. Note that these numbers are estimates based on assets under management and may not reflect precise revenue market share.

Growth Trajectory and Initiatives

Historical Growth: Historically, FSP experienced periods of growth through acquisitions. Recent years have shown a contraction in growth.

Future Projections: Future growth projections are uncertain and depend on improvements in the office market and the company's ability to execute its strategy.

Recent Initiatives: Recent initiatives have focused on cost reduction and asset sales to improve the company's financial position.

Summary

Franklin Street Properties Corp is a small-cap REIT facing significant challenges in the current office market environment. High debt, declining occupancy, and a shift towards remote work are major headwinds. While the company focuses on attractive regions, its financial performance needs improvement. FSP requires careful monitoring due to its high risk profile.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q)
  • Company Investor Relations
  • Market Data Providers
  • Industry Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Franklin Street Properties Corp

Exchange NYSE MKT
Headquaters Wakefield, MA, United States
IPO Launch date 2005-06-02
Chairman & CEO Mr. George John Carter
Sector Real Estate
Industry REIT - Office
Full time employees 28
Full time employees 28

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 is focused on 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. FSP's real estate operations include property acquisitions and dispositions, short-term financing, leasing, development and asset management. As of March 31, 2025, the Company owned a portfolio of real estate consisting of 14 owned properties and one consolidated Sponsored REIT. The Company may also pursue, on a selective basis, the sale of its properties in order to take advantage of the value creation and demand for its properties, for geographic, property specific reasons or for other general corporate purposes.