Franklin Street Properties Corp. (FSP) Set to Announce Earnings on Tuesday
Franklin Street Properties Corp. (NYSEMKT:FSP) is scheduled to release its earnings data after the market closes on Tuesday, October 31st. Analysts expect Franklin Street Properties Corp. to post earnings of $0.26 per share for the quarter.
Franklin Street Properties Corp. (NYSEMKT:FSP) traded down 0.452% on Tuesday, hitting $9.915. 357,385 shares of the stock were exchanged. Franklin Street Properties Corp. has a 12 month low of $9.59 and a 12 month high of $13.27. The company has a 50-day moving average of $10.29 and a 200 day moving average of $10.86. The firm’s market cap is $1.06 billion.
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Several analysts recently weighed in on the stock. ValuEngine upgraded shares of Franklin Street Properties Corp. from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. FBR & Co restated an “outperform” rating on shares of Franklin Street Properties Corp. in a research report on Tuesday, July 11th.
About Franklin Street Properties Corp.
Franklin Street Properties Corp. is a real estate investment trust (REIT). The Company is focused on commercial real estate investments primarily in office markets. The Company operates through the real estate operations segment. The Company’s investment objectives are to create shareholder value by increasing revenue from rental, dividend, interest and fee income and net gains from sales of properties, and increase the cash available for distribution in the form of dividends to its stockholders.
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