Franklin Street Properties (NYSE:FSP – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.12), Yahoo Finance reports. Franklin Street Properties had a negative return on equity of 9.96% and a negative net margin of 52.85%. The firm had revenue of $30.83 million for the quarter.
Franklin Street Properties Price Performance
Shares of NYSE:FSP traded down $0.03 during midday trading on Thursday, reaching $1.71. 429,097 shares of the company’s stock traded hands, compared to its average volume of 713,912. The company has a market cap of $176.87 million, a P/E ratio of 8.23 and a beta of 0.82. The company has a fifty day simple moving average of $1.69 and a two-hundred day simple moving average of $2.02. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.57 and a current ratio of 2.57. Franklin Street Properties has a 1 year low of $1.47 and a 1 year high of $2.72.
Franklin Street Properties Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 8th. Stockholders of record on Friday, July 19th will be paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 2.34%. The ex-dividend date is Friday, July 19th. Franklin Street Properties’s payout ratio is -7.14%.
Analyst Ratings Changes
Read Our Latest Stock Report on Franklin Street Properties
Franklin Street Properties Company Profile
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.
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