Franklin Street Properties (DB:WVH) - Stock Price, News & Analysis

WVH Stock Overview

Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S.

About the company

WVH fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	3/6

Rewards

Risk Analysis

Unstable dividend track record

Franklin Street Properties Corp. Competitors

alstria office REIT-AG

XTRA:AOX

€621.4m

Hamborner REIT

XTRA:HABA

€540.9m

Deutsche Konsum REIT-AG

XTRA:DKG

€105.5m

Fair Value REIT-AG

DB:FVI

€51.3m

Price History & Performance

Summary of all time highs, changes and price drops for Franklin Street Properties
Historical stock prices
Current Share Price	US$1.75
52 Week High	US$2.42
52 Week Low	US$1.00
Beta	0.78
1 Month Change	-10.26%
3 Month Change	-23.25%
1 Year Change	47.06%
3 Year Change	-61.79%
5 Year Change	-74.24%
Change since IPO	-87.93%

Recent updates

Shareholder Returns

	WVH	DE Office REITs	DE Market
7D	-9.3%	-1.2%	-0.8%
1Y	47.1%	-15.4%	1.0%

Return vs Industry: WVH exceeded the German Office REITs industry which returned -15.4% over the past year.

Return vs Market: WVH exceeded the German Market which returned 1% over the past year.

Price Volatility

Is WVH's price volatile compared to industry and market?
WVH volatility
WVH Average Weekly Movement	4.7%
Office REITs Industry Average Movement	3.1%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	9.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: WVH's share price has been volatile over the past 3 months.

Volatility Over Time: WVH's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1981	28	George Carter	www.fspreit.com

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.

Franklin Street Properties Corp. Fundamentals Summary

How do Franklin Street Properties's earnings and revenue compare to its market cap?
WVH fundamental statistics
Market cap	€187.08m
Earnings (TTM)	-€45.09m
Revenue (TTM)	€136.56m

1.3x

P/S Ratio

-4.1x

P/E Ratio

Is WVH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WVH income statement (TTM)
Revenue	US$145.71m
Cost of Revenue	US$77.93m
Gross Profit	US$67.78m
Other Expenses	US$115.89m
Earnings	-US$48.11m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.47
Gross Margin	46.51%
Net Profit Margin	-33.02%
Debt/Equity Ratio	56.7%

How did WVH perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

14%

Payout Ratio

Does WVH pay a reliable dividends?

See WVH dividend history and benchmarks

When do you need to buy WVH by to receive an upcoming dividend?
Franklin Street Properties dividend dates
Ex Dividend Date	Apr 18 2024
Dividend Pay Date	May 09 2024
Days until Ex dividend	0 days
Days until Dividend pay date	21 days

Does WVH pay a reliable dividends?

See WVH dividend history and benchmarks

WVH Stock Overview

Rewards

Risk Analysis

Franklin Street Properties Corp. Competitors

XTRA:AOX

€621.4m

XTRA:HABA

€540.9m

XTRA:DKG

€105.5m

DB:FVI

€51.3m

Price History & Performance

Recent News & Updates

Fourth quarter dividend of US$0.01 announced

Franklin Street Properties Corp., Annual General Meeting, May 16, 2024

Independent Director recently bought €107k worth of stock

Full year 2023 earnings released: US$0.47 loss per share (vs US$0.011 profit in FY 2022)

Franklin Street Properties Corp. to Report Q4, 2023 Results on Feb 26, 2024

Franklin Street Properties Corp. Declares Quarterly Dividend for the Period from October 1, 2023 Through December 31, 2023, Payable on February 15, 2024

Recent updates

Fourth quarter dividend of US$0.01 announced

Franklin Street Properties Corp., Annual General Meeting, May 16, 2024

Independent Director recently bought €107k worth of stock

Full year 2023 earnings released: US$0.47 loss per share (vs US$0.011 profit in FY 2022)

Franklin Street Properties Corp. to Report Q4, 2023 Results on Feb 26, 2024

Franklin Street Properties Corp. Declares Quarterly Dividend for the Period from October 1, 2023 Through December 31, 2023, Payable on February 15, 2024

Independent Director recently bought €147k worth of stock

Third quarter 2023 earnings released: US$0.44 loss per share (vs US$0.17 profit in 3Q 2022)

Investor sentiment improves as stock rises 15%

New minor risk - Share price stability

Franklin Street Properties Corp. to Report Q3, 2023 Results on Nov 07, 2023

Franklin Street Properties Corp. Declares Quarterly Dividend, Payable on November 9, 2023

Second quarter 2023 earnings released: US$0.081 loss per share (vs US$0.088 loss in 2Q 2022)

Franklin Street Properties Corp. to Report Q2, 2023 Results on Aug 01, 2023

Franklin Street Properties Corp. Declares Quarterly Dividend for the Period April 1, 2023 Through June 30, 2023, Payable on August 10, 2023

Franklin Street Properties Corp.(NYSEAM:FSP) dropped from Russell 2000 Dynamic Index

New minor risk - Insider selling

Independent Director recently bought €135k worth of stock

Independent Director recently bought €137k worth of stock

Insufficient new directors

Franklin Street Properties Corp. Suspends Financial Guidance for the Full Year 2023

Franklin Street Properties Corp. to Report Q4, 2022 Results on Feb 14, 2023

Franklin Street Properties Corp. Declares Dividend for the Quarter Ended December 31, 2022, Payable on February 16, 2023

Insufficient new directors

Independent Director recently bought €137k worth of stock

Third quarter 2022 earnings released: FFO per share: US$0.09 (vs US$0.14 in 3Q 2021)

Insufficient new directors

Franklin Street Properties Corp. to Report Q3, 2022 Results on Nov 01, 2022

Franklin Street Properties Corp. Declares Quarterly Dividend, Payable on November 10, 2022

An unknown buyer acquired 380 Interlocken Crescent and 390 Interlocken Crescent in Broomfield, Colorado from Franklin Street Properties Corp. (NYSEAM:FSP) for approximately $100 million.

Franklin Street Properties Corp. Suspends Financial Guidance for the Full Year 2022

Franklin Street Properties Corp. to Report Q2, 2022 Results on Aug 02, 2022

Upcoming dividend of US$0.01 per share

Franklin Street Properties Corp Declares Quarterly Dividend for the Period April 1, 2022 Through June 30, 2022, Payable on August 11, 2022

Independent Director recently bought €376k worth of stock

First quarter 2022 earnings released: FFO: US$42.3m per share (vs US$0.17 in 1Q 2021)

Insufficient new directors

Franklin Street Properties Corp. to Report Q1, 2022 Results on May 03, 2022

Franklin Street Properties Corp., Annual General Meeting, May 10, 2022

Independent Director recently bought €251k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Franklin Street Properties Corp. Elects Milton P. Wilkins, Jr. to Board of Directors

Upcoming dividend of US$0.09 per share

Upcoming dividend of US$0.32 per share

Franklin Street Properties Corp. Declares Special Cash Dividend, Payable on January 12, 2022

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS US$0.042 (vs US$0.016 loss in 3Q 2020)

Second quarter 2021 earnings released: FFO US$0.14 per share (vs US$0.19 in 2Q 2020)

Franklin Street Properties Corp. (NYSEAM:FSP) announces an Equity Buyback for $50 million worth of its shares.

CP Group acquired Three Building Portfolio in Atlanta from Franklin Street Properties Corp. (NYSEAM:FSP) and Farallon Capital Management, L.L.C.

Crocker Partners LLC completed the acquisition of Office Buildings Located at One Ravinia Drive, Two Ravinia Drive, and 3625 Cumberland Boulevard from Franklin Street Properties Corp. (AMEX:FSP).

Franklin Street Properties Corp. Declares Regular Quarterly Cash Dividend for the Three Months Ended March 31, 2021, Payable on May 7, 2021

Crocker Partners LLC entered into an agreement to acquire Office Buildings Located at One Ravinia Drive, Two Ravinia Drive, and 3625 Cumberland Boulevard from Franklin Street Properties Corp. (AMEX:FSP) for approximately $220 million.

Franklin Street Properties Corp. Announces Lease Extension with Citgo Petroleum Corporation

Franklin Street Properties Corp. Provides Earnings Guidance for the Fiscal Year 2021

Franklin Street Properties Corp. to Report Q4, 2020 Results on Feb 16, 2021

Franklin Street Properties Corp. Announces Leasing Updates

Drawbridge, LLC acquired 259,531 square foot office building in Durham, North Carolina from Franklin Street Properties Corp. (AMEX:FSP) for $89.8 million.

New 90-day high: €4.24