Franklin Street Properties Corp Reports Dispositions and Debt Repayment in Q4 and Full Year ... [Yahoo! Finance]
Franklin Street Properties Corp. (FSP)
NASDAQ:AMEX Investor Relations:
franklinstreetproperties.com
Company Research
Source: Yahoo! Finance
Net Income : Reported a net income of $3.6 million in Q4 2023 compared to a net loss of $2.9 million in Q4 2022. Debt Repayment : Repaid approximately $102 million of debt and extended the maturity of all debt to April 1, 2026. Property Dispositions : Sold three office properties for aggregate gross proceeds of approximately $151 million. Cash Position : Cash and cash equivalents on the balance sheet as of December 31, 2023, stood at approximately $127.9 million. Dividends and Guidance : Continuation of suspension of Net Income, FFO, and property disposition guidance due to economic conditions. Warning! GuruFocus has detected 4 Warning Signs with FSP. On February 26, 2024, Franklin Street Properties Corp ( FSP ), a real estate investment trust (REIT) focused on commercial real estate investments in office markets, released its 8-K filing , announcing its results for the fourth quarter and full year ended December 31, 2023. The company's operations include rental income fr
Show less
Read more
Impact Snapshot
Event Time:
FSP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FSP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FSP alerts
High impacting Franklin Street Properties Corp. news events
Weekly update
A roundup of the hottest topics
FSP
News
- Franklin Street Properties: Positive Debt Extensions And Low Multiple (Rating Upgrade) [Seeking Alpha]Seeking Alpha
- Franklin Street Properties: Price Correction Creates Opportunity [Seeking Alpha]Seeking Alpha
- Franklin Street Properties Corp. to Announce First Quarter 2024 ResultsBusiness Wire
- Franklin Street Properties Corp. (NYSE: FSP) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Franklin Street Properties Corp. (NYSE: FSP) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
FSP
Earnings
- 2/26/24 - In-Line
FSP
Sec Filings
- 4/4/24 - Form ARS
- 4/4/24 - Form DEFA14A
- 4/4/24 - Form DEF
- FSP's page on the SEC website