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Sunday, April 2, 2023

There’s No Need To Panic Or Freeze When It Comes To 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 $0.10, or 4.78%, to $2.19. The Franklin Street Properties Corp. has recorded 22,988 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600.

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Stocks Info

The company is listed on the AMEX and operates within the REIT – Office industry segment. At the end of the last regular session, the stock closed at $2.09 and fluctuated between $2.1800 as its day high and $2.0650 as its day low. The current market capitalization of Franklin Street Properties Corp. is $212.20M. A total of 2.18 million shares were traded on the day, compared to an average of 858.72K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, FSP has seen 3 BUY and 0 SELL insider trades, representing the acquisition of 100,000 and the disposition of 0 shares. Over the last 12 months, there were 22 BUYs and 0 SELLs from insiders. Insiders purchased 637,599 shares during that period but sold 0.

In the most recent transaction, MCGILLICUDDY DENNIS J bought 25,000 shares of FSP for 2.13 per share on Mar 08. After the transaction, the Director now owns 3,446,136 company shares. In a previous transaction on Mar 07, MCGILLICUDDY DENNIS J bought 150,000 shares at 2.18 per share. FSP shares that Director owns now total 3,421,136.

Among the insiders who bought shares, MCGILLICUDDY DENNIS J acquired of 25,000 shares on Mar 06 at a per-share price of $2.25. This resulted in the Director holding 3,271,136 shares of FSP after the transaction. In another insider transaction, HANSEN BRIAN N bought 40,903 shares at $2.38 per share on Mar 03. Company shares held by the Director now total 718,066.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Franklin Street Properties Corp. pays an annual dividend of $0.04, resulting in a dividend yield of 1.91%, and it has a price to earnings (P/E) ratio of 190.00.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, FSP has a high of $6.14 and a low of $2.12.

As of this writing, FSP has an earnings estimate of -$0.07 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.06 per share and a lower estimate of -$0.08.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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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