Company Overview

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. 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.

  • Name

    Franklin Street Properties Corp.

  • CEO

    George John Carter

  • Website

    www.fspreit.com

  • Sector

    Office REITs

  • Year Founded

    1981

Company Statistics

Profile

  • Market Cap

  • EV

  • Shares Out

  • Revenue

  • Employees

Margins

  • Gross

  • EBITDA

  • Operating

  • Pre-Tax

  • Net

  • FCF

Returns (5Yr Avg)

  • ROA

  • ROTA

  • ROE

  • ROCE

  • ROIC

Valuation (TTM)

  • P/E

  • P/B

  • P/FFO

  • P/Adjusted FFO

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

  • P/E

  • PEG

  • P/FFO

  • P/Adjusted FFO

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

  • Net Debt

  • Debt/Equity

  • EBIT/Interest

Growth (CAGR)

  • Rev 3Yr

  • Rev 5Yr

  • Rev 10Yr

  • Dil EPS 3Yr

  • Dil EPS 5Yr

  • Dil EPS 10Yr

  • Rev Fwd 2Yr

  • EBITDA Fwd 2Yr

  • EPS Fwd 2Yr

  • EPS LT Growth Est

Dividends

  • Yield

  • Payout

  • DPS

  • DPS Growth 3Yr

  • DPS Growth 5Yr

  • DPS Growth 10Yr

  • DPS Growth Fwd 2Yr

What's happening

Nov 13, 2025 - Dec 13, 2025

Franklin Street Properties Corp Faces Significant Challenges Amid Market Pressures

  • FSP announced negotiations with a potential lender to refinance existing debt obligations, resulting in a 9% stock price increase on November 21.
  • The company is undergoing a strategic review aimed at maximizing shareholder value amidst declining share prices.
  • Broader economic factors, including rising inflation and tightening monetary policies, are adversely affecting investor sentiment and the real estate sector.

Over the past month, Franklin Street Properties Corp (FSP) experienced a significant decline of 15.4% in its stock price. This starkly contrasts with the S&P 500's modest drop of just 0.2%, highlighting FSP's struggles within the broader market context. Additionally, FSP lagged behind the Real Estate sector (XLRE), which saw a decrease of 13.9%. The company's recent activities and strategic decisions have been pivotal in shaping this trajectory.

On November 21, FSP announced that it was actively negotiating with a potential lender to refinance its existing debt obligations. This news was perceived positively by investors and resulted in an immediate increase of 9% on that day. Furthermore, CEO George Carter reiterated their ongoing review of strategic alternatives initiated earlier in May to explore various options for maximizing shareholder value amid concerns over recent share price declines.

Despite this brief bullish sentiment surrounding refinancing efforts and strategic reviews, FSP faced headwinds throughout the month due to broader market conditions and specific operational challenges. Investor confidence appeared shaken by uncertainties regarding asset valuations amid fluctuating interest rates and economic indicators affecting real estate investments overall.

The lackluster performance can also be attributed to external macroeconomic influences impacting the real estate sector at large. Rising inflation rates and tightening monetary policies have created an environment where financing costs are increasing for property companies like FSP while dampening investor enthusiasm significantly during this one-month timeframe.

In summary, Franklin Street Properties Corp underperformed relative to both the S&P 500 by -15.2% and the Real Estate (XLRE) sector by -13.9%.

NYSEAM:FSP