Franklin Street Properties (NYSE:FSP – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported ($0.20) 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 business had revenue of $30.83 million during the quarter.
Franklin Street Properties Stock Performance
NYSE:FSP traded down $0.04 during mid-day trading on Thursday, hitting $1.70. The stock had a trading volume of 429,097 shares, compared to its average volume of 713,912. Franklin Street Properties has a twelve month low of $1.47 and a twelve month high of $2.72. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.57 and a current ratio of 2.57. The stock has a market cap of $175.83 million, a price-to-earnings ratio of 8.23 and a beta of 0.82. The company’s 50 day simple moving average is $1.69 and its 200 day simple moving average is $2.02.
Franklin Street Properties Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, August 8th. Stockholders of record on Friday, July 19th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Friday, July 19th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.35%. Franklin Street Properties’s payout ratio is -7.14%.
Analyst Ratings Changes
Read Our Latest Analysis on Franklin Street Properties
About Franklin Street Properties
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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