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Franklin Street Properties Corp. is a real estate investment trust (REIT). The Company is focused on commercial real estate investments primarily in office markets and operates in only one segment, being real estate operations. 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. Its real estate operations market involves real estate rental operations, leasing, secured financing of real estate and services provided for asset management, property management, property acquisitions, dispositions and development. It owns a portfolio of real estate consisting of approximately 14 owned properties. Its properties include 120 Monument Circle, 121 South 8th Street, 801 Marquette Ave, Park Ten, Addison Circle, Eldridge Green, Park Ten Phase II, and Plaza Seven.
Find out what a historical investment in Franklin Street Properties Corp would be worth today using our FSP stock calculator.
Market Capitalisation
$53.42M
Price-earnings ratio
-
Dividend yield
5.82%
Volume
403.62K
High today
$0.53
Low today
$0.51
Open price
$0.51
52-week high
$1.91
52-week low
$0.51
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