Franklin Street Properties Corp with ticker code (FSP) have now 2 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 3.5 and 1.75 calculating the mean target price we have $2.63. Given that the stocks previous close was at $1.25 and the analysts are correct then we can expect a percentage increase in value of 110.4%. There is a 50 day moving average of $2.05 and the 200 moving average now moves to $2.78. The market capitalization for the company is $128m. Company Website: https://www.fspreit.com
The potential market cap would be $269m based on the market consensus.
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. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes.
The company has a dividend yield of 3.36% with the ex dividend date set at 20-4-2023 (DMY).
Other points of data to note are a P/E ratio of 124, revenue per share of 1.6 and a 0.02% return on assets.
