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Wednesday, February 8, 2023

The Question Is Whether To Buy Or Not To Buy Franklin Street Properties Corp. (AMEX: FSP)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Franklin Street Properties Corp. (FSP) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.32%, to $3.15. The Franklin Street Properties Corp. has recorded 23,770 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Franklin Street Properties Corp. Announces Third Quarter 2022 Results.

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Stocks Info

Franklin Street Properties Corp. is listed on the AMEX as a member of the Real Estate sector and is a part of the REIT – Office industry. At the end of the last regular session, the stock closed at $3.14 and fluctuated between $3.1500 as its day high and $2.9600 as its day low. The current market capitalization of Franklin Street Properties Corp. is $318.30M. A total of 0.74 million shares were traded on the day, compared to an average of 952.49K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, FSP has seen 2 BUY and 0 SELL insider trades, representing the acquisition of 53,066 and the disposition of 0 shares. Over the last 12 months, there were 20 BUYs and 0 SELLs from insiders. Insiders purchased 587,599 shares during that period but sold 0.

In the most recent transaction, HANSEN BRIAN N bought 2,941 shares of FSP for 2.75 per share on Nov 17. After the transaction, the Director now owns 518,066 company shares. In a previous transaction on Nov 09, HANSEN BRIAN N bought 50,125 shares at 2.74 per share. FSP shares that Director owns now total 515,125.

Among the insiders who bought shares, HANSEN BRIAN N acquired of 25,000 shares on Sep 14 at a per-share price of $2.99. This resulted in the Director holding 465,000 shares of FSP after the transaction. In another insider transaction, HANSEN BRIAN N bought 65,000 shares at $3.08 per share on Sep 13. Company shares held by the Director now total 440,000.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Franklin Street Properties Corp. pays an annual dividend of $0.04, resulting in a dividend yield of 1.27%, and it has a price to earnings (P/E) ratio of 3.99.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, FSP has a high of $6.28 and a low of $2.34.

As of this writing, FSP has an earnings estimate of -$0.02 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.04 per share and a lower estimate of -$0.08. The company reported an EPS of -$0.04 in the last quarter, which was 20.00% higher than expectations of -$0.05.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FSP is Buy with a score of 4.00.

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