Franklin Street Properties Corp
FSPReal Estate·REIT - Office·USA·Nano·AMEX·Nov 11 • 12:00 PM ET
Price
FSP against its 20, 50 and 200-day averages64.2% under the 52-week high of 1.18 on 12 Nov 2025. 52-week low 0.30 on 6 Oct 2026. Last 15 sessions, 57.6% high to low
Profile
FSPFranklin Street Properties Corp. is an investment company, which engages in the operation of real estate. It operates through the Real Estate Operations segment. The Real Estate Operation segment is involved in real estate rental operations, leasing, secured financing of real estate, and services provided for asset management, property management, property acquisitions, dispositions and development. The company was founded by George J. Carter in January 1997 and is headquartered in Wakefield, MA.
| Employees | 28 |
|---|---|
| IPO | Jun 02, 2005 |
| Beta | 0.90 |
| ATR, 14d | 0.04 |
| Rel volume | 0.19 |
| Short float | 1.48% |
| Insider own | 18.63% |
| Inst own | 53.97% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 43.99M |
| Enterprise Value | 256.47M |
| Income | -42.56M |
| Sales | 103.55M |
| Book/sh | 5.49 |
| Cash/sh | 0.34 |
| Dividend Est. | - |
| Dividend TTM | 0.01 (2.36%) |
| Dividend Ex-Date | Jan 23, 2026 |
| Dividend Gr. 3/5Y | -41.52% -35.56% |
| Payout | - |
| Employees | 28 |
| IPO | Jun 02, 2005 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 0.42 |
| P/B | 0.08 |
| P/C | 1.26 |
| P/FCF | - |
| EV/EBITDA | 6.77 |
| EV/Sales | 2.48 |
| Quick Ratio | 0.26 |
| Current Ratio | 0.26 |
| Debt/Eq | 0.43 |
| LT Debt/Eq | 0.00 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -0.41 |
|---|---|
| EPS next Y | - |
| EPS next Q | - |
| EPS this Y | - |
| EPS next Y | - |
| EPS next 5Y | - |
| EPS past 3/5Y | - - |
| Sales past 3/5Y | -13.31% -14.76% |
| EPS Y/Y TTM | 7.99% |
| Sales Y/Y TTM | -5.12% |
| EPS Q/Q | -8.97% |
| Sales Q/Q | -8.67% |
| Earnings | Oct 27 AMC |
| EPS/Sales Surpr. | - - |
Ownership
| Insider Own | 18.63% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 53.97% |
| Inst Trans | -9.51% |
| ROA | -4.85% |
| ROE | -7.18% |
| ROIC | -7.45% |
| Gross Margin | 5.46% |
| Oper. Margin | -4.06% |
| Profit Margin | -41.10% |
| SMA20 | 2.79% |
| SMA50 | 12.52% |
| SMA200 | -21.40% |
| Trades | - |
Technical
| Shs Outstand | 104.01M |
|---|---|
| Shs Float | 84.64M |
| Short Float | 1.48% |
| Short Ratio | 1.51 |
| Short Interest | 1.25M |
| 52W High | 1.18 -64.16% |
| 52W Low | 0.30 40.13% |
| Volatility | 9.57% 11.51% |
| ATR (14) | 0.04 |
| RSI (14) | 53.79 |
| Beta | 0.90 |
| Rel Volume | 0.19 |
| Avg Volume | 830.71K |
| Volume | 67,463 |
Performance
| Perf Week | -3.78% |
|---|---|
| Perf Month | 6.74% |
| Perf Quarter | -5.22% |
| Perf Half Y | -17.08% |
| Perf YTD | -55.29% |
| Perf Year | -63.23% |
| Perf 3Y | -79.63% |
| Perf 5Y | -92.13% |
| Perf 10Y | -95.83% |
| Recom | 3.00 |
| Target Price | 1.25 |
| Prev Close | 0.41 |
| Price | 0.42 |
| Change % | 2.97% |
Analyst ratings
latest 10 of 20| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Jan 07, 2020 | Downgrade | RRobert W. Baird | Outperform → Neutral | $10 | +2,264.6% |
| Jan 07, 2020 | Downgrade | BBMO Capital Markets | Market Perform → Underperform | $8 | +1,791.7% |
| Nov 02, 2018 | Upgrade | BBMO Capital Markets | Underperform → Market Perform | ||
| Nov 01, 2018 | Upgrade | BB. Riley FBR | Neutral → Buy | ||
| Jun 01, 2018 | Upgrade | SStifel | Sell → Hold | $6.50 → $8 | +1,791.7% |
| Apr 09, 2018 | Downgrade | JJanney | Buy → Neutral | ||
| Feb 15, 2018 | Downgrade | SStifel | Hold → Sell | $10 → $7 | +1,555.2% |
| Sep 08, 2017 | Initiated | JJanney | Buy | ||
| Jul 11, 2017 | Resumed | FFBR & Co. | Outperform | $13 | +2,974.0% |
| May 04, 2017 | Downgrade | RRobert W. Baird | Outperform → Neutral | $14 → $12 | +2,737.6% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| ONL | Orion Properties Inc | 153.18M |
| OPI | Office Properties Income Trust | 365.68M |
| NLOP | Net Lease Office Properties | 139.93M |
| PDM | Piedmont Realty Trust Inc | 1.22B |
| BDN | Brandywine Realty Trust | 519.43M |
| HIW | Highwoods Properties Inc | 3.41B |
| CUZ | Cousins Properties Inc | 4.84B |
| DEI | Douglas Emmett Inc | 1.67B |
| CMCT | Creative Media & Community Trust | 12.47M |
| DEA | Easterly Government Properties Inc | 1.06B |
Held by
AUMNews
latest 14 of 206- Franklin Street Markets Suburban Dallas Office Portfolio (CRE Daily)
- Franklin Street: Q3 Earnings Snapshot (Associated Press) -24.14%
- Franklin Street Properties Corp. Announces Third Quarter 2026 Results (Business Wire) -7.63%
- Franklin Street Properties Corp. to Announce Third Quarter 2026 Results (Business Wire) +7.92%
- Franklin Street: Q2 Earnings Snapshot (Associated Press) +9.57%
- Loading…
- Franklin Street Properties Corp. Announces Second Quarter 2026 Results (Business Wire)
- Franklin Street Properties Corp. to Announce Second Quarter 2026 Results (Business Wire) -6.55%
- Franklin Street: Q1 Earnings Snapshot (Associated Press)
- Franklin Street Properties Corp. Announces First Quarter 2026 Results (Business Wire)
- Franklin Street Properties Corp. to Announce First Quarter 2026 Results (Business Wire) +6.86%
- Franklin Street Properties Corp. Announces Expansion of Strategic Alternatives Process (Business Wire)
- Franklin Street Properties Corp (FSP) Q4 2025 Earnings Call Highlights: Strategic Refinancing ... (GuruFocus.com) -7.89% -5.76%
- Franklin Street: Q4 Earnings Snapshot (Associated Press Finance) +8.94%
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-10-27 | -0.090 | - | -0.090 | 24.93 | - | - |
| 2026Q2 | 2026-07-28 | -0.160 | - | -0.160 | 26.36 | - | - |
| 2026Q1 | 2026-04-28 | -0.090 | - | -0.092 | 26.23 | - | - |
| 2025Q3 | 2025-10-28 | -0.080 | -0.080 | -0.080 | 27.30 | - | 1 |
| 2025Q2 | 2025-07-29 | -0.080 | -0.080 | -0.076 | 26.72 | - | 1 |
| 2025Q1 | 2025-04-29 | -0.210 | -0.080 | -0.207 | 27.11 | - | 1 |
| 2024Q4 | 2025-02-11 | -0.080 | -0.030 | -0.082 | 28.38 | - | 1 |
| 2024Q3 | 2024-10-29 | -0.150 | -0.050 | -0.151 | 29.68 | - | 1 |
| 2024Q2 | 2024-07-30 | -0.200 | -0.080 | -0.203 | 30.83 | - | 1 |
| 2024Q1 | 2024-04-30 | -0.070 | -0.040 | -0.073 | 31.23 | 31.79 | 1 |
| 2023Q4 | 2024-02-26 | 0.030 | 0.120 | 0.035 | 34.77 | 34.13 | 1 |
| 2023Q3 | 2023-11-07 | -0.440 | -0.060 | -0.442 | 36.90 | 36.39 | 1 |
| 2023Q2 | 2023-08-01 | -0.080 | -0.070 | -0.082 | 36.27 | 36.38 | 2 |
| 2023Q1 | 2023-05-02 | 0.020 | 0.005 | 0.023 | 37.77 | 39.07 | 2 |
| 2022Q4 | 2023-02-14 | -0.030 | -0.070 | -0.028 | 41.21 | 37.76 | 2 |
| 2022Q3 | 2022-11-01 | 0.170 | -0.020 | 0.167 | 40.84 | 38.37 | 2 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2016FY | 0.080 | - | 0.080 | 249.89 | 241.95 |
| 2017FY | -0.150 | -0.090 | -0.150 | 272.59 | 269.8 |
| 2018FY | 0.120 | 0.120 | 0.122 | 268.87 | 267.76 |
| 2019FY | 0.060 | 0.045 | 0.060 | 269.07 | 267.15 |
| 2020FY | 0.300 | 0.135 | 0.304 | 245.85 | 247.31 |
| 2021FY | 0.870 | 0.920 | 0.869 | 209.36 | 208.7 |
| 2022FY | 0.010 | -0.030 | 0.011 | 165.62 | 160.75 |
| 2023FY | -0.470 | -0.380 | -0.466 | 145.71 | 145.06 |
| 2024FY | -0.510 | -0.460 | -0.509 | 120.11 | - |
| 2025FY | -0.430 | - | -0.430 | 107.16 | - |
| 2026FY | - | -0.320 | - | - | - |
| 2027FY | - | -0.310 | - | - | - |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q4 | E | 2025-11-11 | 1 | 0 | 0 | -0.08 | -0.08 | -0.08 |
| 2026Q4 | E | 2025-11-10 | 1 | 0 | 0 | -0.08 | -0.08 | -0.08 |
| 2026Q4 | E | 2025-11-09 | 1 | 0 | 0 | -0.08 | -0.08 | -0.08 |
| 2026Q4 | E | 2025-11-08 | 1 | 0 | 0 | -0.08 | -0.08 | -0.08 |
| 2026Q4 | E | 2025-11-07 | 1 | 0 | 0 | -0.08 | -0.08 | -0.08 |
| 2026Q4 | E | 2025-11-06 | 1 | 0 | 0 | -0.08 | -0.08 | -0.08 |
| 2026Q4 | E | 2025-11-05 | 1 | 0 | 0 | -0.08 | -0.08 | -0.08 |
| 2026Q4 | E | 2025-11-04 | 1 | 0 | 0 | -0.08 | -0.08 | -0.08 |
| 2026Q4 | E | 2025-11-03 | 1 | 0 | 0 | -0.08 | -0.08 | -0.08 |
| 2026Q4 | E | 2025-11-02 | 1 | 0 | 0 | -0.08 | -0.08 | -0.08 |
| 2026Q4 | E | 2025-11-01 | 1 | 0 | 0 | -0.08 | -0.08 | -0.08 |
| 2026Q4 | E | 2025-10-31 | 1 | 0 | 0 | -0.08 | -0.08 | -0.08 |
| 2026Q4 | E | 2025-10-30 | 1 | 0 | 0 | -0.08 | -0.08 | -0.08 |
| 2026Q4 | E | 2025-10-29 | 1 | 0 | 0 | -0.08 | -0.08 | -0.08 |
Estimate history
| EPS, annual | -0.15 | 0.122 | 0.06 | 0.304 | 0.869 | 0.011 | -0.466 | -0.509 | -0.434 | -0.41 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| EPS, quarterly | -0.151 | -0.082 | -0.207 | -0.076 | -0.08 | -0.071 | -0.092 | -0.16 | -0.088 | |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
| Sales, annual | 272.888 | 271.57 | 273.393 | 238.097 | 201.072 | 164.469 | 149.887 | 120.112 | 107.162 | 103.55 |
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| Sales, quarterly | 29.682 | 28.02 | 27.107 | 26.715 | 27.3 | 26.04 | 26.225 | 26.355 | 24.934 | |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
| Shares, annual | 107.231 | 107.231 | 107.269 | 107.328 | 103.999 | 103.236 | 103.43 | 103.567 | 103.69 | 104.012 |
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ |
| Shares, quarterly | 103.567 | 103.567 | 103.567 | 103.69 | 103.69 | 103.69 | 103.69 | 104.012 | 104.012 | |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 103.55 | 107.16 | 120.11 | 149.89 | 164.47 | 201.07 | 238.10 | 273.39 | 271.57 |
| Total Expenses | 107.76 | 115.29 | 126.42 | 146.69 | 165.13 | 196.38 | 247.16 | 266.65 | 264.93 |
| Operating Income | -4.21 | -8.12 | -6.30 | 3.20 | -0.66 | 4.69 | -9.06 | 6.74 | 6.64 |
| Unusual Expense | 2.28 | 0.01 | 1.04 | -0.29 | 4.32 | 0.90 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | -42.34 | -44.77 | -52.51 | -47.83 | 1.30 | 92.93 | 32.87 | 6.74 | 13.43 |
| Income Taxes | 0.21 | 0.19 | 0.22 | 0.28 | 0.20 | 0.64 | 0.25 | 0.27 | 0.36 |
| Consolidated Net Income | -42.56 | -44.96 | -52.72 | -48.11 | 1.09 | 92.72 | 32.62 | 6.47 | 13.07 |
| Net Income From Continuing Operations | -42.56 | -44.96 | -52.72 | -48.11 | 1.09 | 92.72 | 32.62 | 6.47 | 13.07 |
| Net Income | -42.56 | -44.96 | -52.72 | -48.11 | 1.09 | 92.72 | 32.62 | 6.47 | 13.07 |
| EPS (Recurring) | -0.39 | -0.43 | -0.50 | -0.47 | 0.04 | 0.88 | 0.30 | 0.06 | 0.12 |
| EPS (Basic, Before Extraordinaries) | -0.41 | -0.43 | -0.51 | -0.47 | 0.01 | 0.87 | 0.30 | 0.06 | 0.12 |
| EPS (Diluted) | -0.41 | -0.43 | -0.51 | -0.47 | 0.01 | 0.87 | 0.30 | 0.06 | 0.12 |
| Non-Operating Income (Expense) | -6.90 | -11.92 | -18.74 | -22.82 | 27.94 | 113.13 | 41.93 | 0.00 | 6.79 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | - | 0.18 | - | - | 0.31 | 0.25 | 0.25 | 0.25 | - |
| Price To Earnings Ratio | - | - | - | - | 3.47 | 6.77 | 13.88 | 134.53 | 48.16 |
| Price To Sales Ratio | 0.38 | 0.91 | 1.58 | 1.77 | 1.72 | 3.16 | 1.97 | 3.36 | 2.46 |
| Gross Margin | 5.46 | 4.01 | 6.31 | 11.49 | 8.04 | 10.24 | 2.49 | 7.76 | 7.26 |
| Operating Margin | -4.06 | -7.58 | -5.25 | 2.13 | -0.40 | 2.33 | -3.81 | 2.47 | 2.44 |
| Net Margin | -41.10 | -41.96 | -43.89 | -32.10 | 0.67 | 46.11 | 13.70 | 2.37 | 4.81 |
| Shares Outstanding | 104.01 | 103.69 | 103.57 | 103.43 | 103.24 | 104.00 | 107.33 | 107.27 | 107.23 |
| Market Capitalization | 42.72 | 42.72 | 189.53 | 264.78 | 281.83 | 628.52 | 445.24 | 871.35 | 634.17 |
Income statement, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 24.93 | 26.36 | 26.23 | 26.04 | 27.30 | 26.71 | 27.11 | 28.02 |
| Total Expenses | 25.39 | 27.39 | 27.78 | 27.20 | 29.52 | 28.80 | 29.77 | 30.54 |
| Operating Income | -0.46 | -1.03 | -1.56 | -1.16 | -2.22 | -2.08 | -2.67 | -2.52 |
| Unusual Expense | 1.01 | 0.00 | 1.27 | 0.00 | 0.01 | 0.00 | 0.00 | 0.43 |
| Net Income Before Taxes | -9.05 | -16.55 | -9.47 | -7.27 | -8.32 | -7.79 | -21.38 | -8.47 |
| Income Taxes | 0.06 | 0.05 | 0.05 | 0.05 | 0.00 | 0.08 | 0.05 | 0.05 |
| Consolidated Net Income | -9.10 | -16.61 | -9.53 | -7.32 | -8.33 | -7.88 | -21.43 | -8.53 |
| Net Income From Continuing Operations | -9.10 | -16.61 | -9.53 | -7.32 | -8.33 | -7.88 | -21.43 | -8.53 |
| Net Income | -9.10 | -16.61 | -9.53 | -7.32 | -8.33 | -7.88 | -21.43 | -8.53 |
| EPS (Recurring) | -0.08 | -0.16 | -0.08 | -0.07 | -0.08 | -0.08 | -0.21 | -0.08 |
| EPS (Basic, Before Extraordinaries) | -0.09 | -0.16 | -0.09 | -0.07 | -0.08 | -0.08 | -0.21 | -0.08 |
| EPS (Diluted) | -0.09 | -0.16 | -0.09 | -0.07 | -0.08 | -0.08 | -0.21 | -0.08 |
| Non-Operating Income (Expense) | 0.25 | -7.53 | 0.16 | 0.23 | 0.25 | 0.63 | -13.03 | 0.03 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | - | 0.14 | 0.00 | - | 0.00 | 0.00 | 0.00 | - |
| Price To Sales Ratio | 0.38 | 0.50 | 0.65 | 0.92 | 1.52 | 1.52 | 1.59 | 1.58 |
| Gross Margin | 6.82 | 5.19 | 4.24 | 5.64 | 2.99 | 4.48 | 3.02 | 1.07 |
| Operating Margin | -1.84 | -3.92 | -5.94 | -4.45 | -8.12 | -7.80 | -9.83 | -8.98 |
| Net Margin | -36.51 | -63.01 | -36.33 | -28.12 | -30.50 | -29.48 | -79.08 | -30.43 |
| Shares Outstanding | 104.01 | 104.01 | 103.69 | 103.69 | 103.69 | 103.69 | 103.57 | 103.57 |
| Market Capitalization | 42.72 | 53.40 | 68.90 | 98.07 | 165.90 | 169.85 | 184.35 | 189.53 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY | 2017FY |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 30.57 | 42.68 | 127.88 | 6.63 | 40.75 | 4.15 | 9.79 | 11.18 | 9.82 |
| Short Term Receivables | 39.22 | 39.01 | 42.59 | 54.94 | 50.98 | 75.44 | 70.73 | 57.94 | 56.32 |
| Investments | 793.72 | 834.91 | 890.82 | 1,127.37 | 1,214.97 | 1,623.02 | 1,661.23 | 1,711.20 | 1,718.34 |
| Investment in Unconsolidated Affiliates | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.10 | 1.30 | 70.16 |
| Net Property, Plant & Equipment | 0.44 | 0.77 | 0.42 | 0.85 | 1.30 | 0.16 | 0.18 | 0.20 | 0.29 |
| Other Intangible Assets | 28.94 | 29.56 | 107.61 | 51.87 | 56.18 | 88.91 | 98.82 | 116.29 | 135.59 |
| Total Assets | 892.88 | 946.93 | 1,169.33 | 1,241.67 | 1,364.17 | 1,793.18 | 1,842.65 | 1,898.10 | 1,990.51 |
| Total Debt | 248.59 | 247.67 | 404.80 | 413.21 | 475.31 | 923.13 | 969.15 | 991.92 | 1,047.40 |
| Long Term Debt | 0.03 | 227.65 | 61.56 | 393.52 | 475.31 | 768.13 | 969.15 | 991.92 | 897.40 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 37.32 | 43.40 | 51.73 | 59.72 | 105.66 | 101.96 | 87.11 | 68.55 | 71.82 |
| Total Liabilities | 285.91 | 291.07 | 456.52 | 472.93 | 580.97 | 1,025.09 | 1,056.26 | 1,060.47 | 1,119.22 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 606.98 | 655.86 | 712.80 | 768.74 | 783.20 | 768.09 | 786.40 | 837.63 | 871.29 |
| Total Shareholders Equity | 606.98 | 655.86 | 712.80 | 768.74 | 783.20 | 768.09 | 786.40 | 837.63 | 871.29 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 606.98 | 655.86 | 712.80 | 768.74 | 783.20 | 768.09 | 786.40 | 837.63 | 871.29 |
| Total Liabilities & Stockholders Equity | 892.88 | 946.93 | 1,169.33 | 1,241.67 | 1,364.17 | 1,793.18 | 1,842.65 | 1,898.10 | 1,990.51 |
| Book Value Per Share | 5.85 | 6.33 | 6.89 | 7.45 | 7.53 | 7.16 | 7.33 | 7.81 | 8.13 |
| Tangible Book Value Per Share | 5.83 | 6.29 | 6.83 | 7.35 | 7.39 | 6.89 | 6.95 | 7.26 | 7.32 |
| Full-Time Employees | 28 | 28 | 28 | 28 | 32 | 37 | 37 | 38 | 39 |
| Price to Book Ratio | 0.07 | 0.28 | 0.37 | 0.36 | 0.79 | 0.58 | 1.11 | 0.76 | 1.23 |
| Return on Assets | -4.89 | -4.98 | -3.99 | 0.08 | 5.87 | 1.79 | 0.35 | 0.67 | -0.78 |
| Return on Equity | -7.12 | -7.70 | -6.49 | 0.14 | 11.95 | 4.20 | 0.80 | 1.53 | -1.74 |
| Return on Invested Capital | -7.41 | -5.97 | -6.21 | 0.09 | 7.37 | 2.12 | 0.37 | 0.71 | -0.90 |
| Quick Ratio | 0.24 | 1.88 | 0.62 | 0.77 | 0.91 | 0.33 | 1.01 | 1.01 | 0.30 |
| Current Ratio | 0.24 | 1.88 | 0.62 | 0.77 | 0.91 | 0.33 | 1.01 | 1.01 | 0.30 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Funds from Operations | 14.81 | 13.51 | 16.79 | 28.65 | 43.44 | 61.83 | 82.28 | 100.13 | 103.55 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -6.26 | -9.76 | -7.80 | -10.78 | -28.21 | -25.47 | -13.83 | -18.21 | -22.64 |
| Cash from Operating Activities | 8.55 | 3.75 | 8.99 | 17.87 | 15.23 | 36.36 | 68.45 | 81.92 | 80.91 |
| Capital Expenditures | -13.56 | -16.41 | -25.21 | -31.64 | -54.91 | -64.83 | -77.92 | -70.75 | -51.06 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 3.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 18.00 | 6.11 | 95.50 | 142.22 | 128.95 | 570.31 | 88.96 | 49.66 | 75.99 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -3.00 | 0.00 | -2.40 | 0.00 |
| Sale Or Maturity of Investments | 18.00 | 6.11 | 95.50 | 142.22 | 128.95 | 573.31 | 88.96 | 52.06 | 75.99 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.47 | 0.00 |
| Cash from Investing Activities | 4.44 | -10.31 | 70.28 | 113.64 | 74.04 | 505.47 | 11.04 | -19.62 | 24.93 |
| Cash Dividends Paid | -2.07 | -4.14 | -4.14 | -4.13 | -53.99 | -38.49 | -38.63 | -38.60 | -49.33 |
| Change in Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | -4.84 | -18.24 | 0.00 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | -4.84 | -18.24 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | -6.25 | -1.41 | -154.67 | -10.33 | -64.56 | -448.50 | -46.50 | -25.00 | -53.00 |
| Change in Long Term Debt | -6.25 | -1.41 | -154.67 | -10.33 | -64.56 | -445.00 | -50.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 250.81 | 0.00 | 0.00 | 74.67 | 87.44 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | -257.06 | -1.41 | -154.67 | -85.00 | -152.00 | -445.00 | -50.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | -5.66 | 4.21 | 0.00 | 0.00 | 0.00 | -0.08 | -2.16 |
| Other Financing Activities Uses | -1.39 | 0.00 | -5.66 | - | - | 0.00 | 0.00 | -0.08 | -2.16 |
| Cash from Financing Activities | -9.72 | -5.56 | -164.47 | -10.25 | -123.39 | -505.24 | -85.13 | -63.69 | -104.49 |
| Net Change in Cash | 3.28 | -12.11 | -85.20 | 121.25 | -34.12 | 36.60 | -5.64 | -1.39 | 1.36 |
| Free Cash Flow | -5.01 | -12.66 | -16.23 | -13.77 | -39.68 | -28.47 | -9.47 | 11.17 | 29.86 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 34.85 | 22.46 | 23.75 | 30.57 | 31.57 | 30.52 |
| Short Term Receivables | 37.82 | 38.85 | 40.02 | 39.22 | 40.24 | 39.41 |
| Investments | 754.28 | 758.04 | 788.57 | 793.72 | 799.62 | 803.41 |
| Investment in Unconsolidated Affiliates | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Property, Plant & Equipment | 0.12 | 0.13 | 0.12 | 0.44 | 0.05 | 0.06 |
| Other Intangible Assets | 26.38 | 45.38 | 29.32 | 28.94 | 29.55 | 29.85 |
| Total Assets | 853.45 | 864.85 | 881.79 | 892.88 | 901.03 | 903.24 |
| Total Debt | 247.33 | 253.17 | 252.56 | 248.59 | 248.02 | 248.33 |
| Long Term Debt | 0.03 | 0.03 | 1.03 | 0.03 | 248.02 | 248.33 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 35.24 | 31.70 | 32.81 | 37.32 | 37.68 | 30.21 |
| Total Liabilities | 282.57 | 284.87 | 285.37 | 285.91 | 285.69 | 278.54 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 570.88 | 579.99 | 596.41 | 606.98 | 615.34 | 624.70 |
| Total Shareholders Equity | 570.88 | 579.99 | 596.41 | 606.98 | 615.34 | 624.70 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 570.88 | 579.99 | 596.41 | 606.98 | 615.34 | 624.70 |
| Total Liabilities & Stockholders Equity | 853.45 | 864.85 | 881.79 | 892.88 | 901.03 | 903.24 |
| Book Value Per Share | 5.49 | 5.58 | 5.75 | 5.85 | 5.93 | 6.02 |
| Tangible Book Value Per Share | 5.48 | 5.56 | 5.73 | 5.83 | 5.91 | 5.99 |
| Full-Time Employees | - | - | - | 28 | - | - |
| Price to Book Ratio | 0.07 | 0.09 | 0.12 | 0.16 | 0.27 | 0.27 |
| Return on Assets | -4.85 | -4.73 | -3.68 | -4.89 | -4.90 | -5.58 |
| Return on Equity | -7.18 | -6.94 | -5.38 | -7.12 | -7.21 | -8.18 |
| Return on Invested Capital | -1.59 | -2.86 | -1.59 | -1.21 | -0.96 | -0.90 |
| Quick Ratio | 0.26 | 0.22 | 0.08 | 0.24 | 1.91 | 2.31 |
| Current Ratio | 0.26 | 0.22 | 0.08 | 0.24 | 1.91 | 2.31 |
Cash flow, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Funds from Operations | 4.08 | 3.43 | 3.34 | 3.96 | 2.91 | 3.28 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 2.76 | -0.39 | -8.49 | -0.13 | 5.37 | -6.16 |
| Cash from Operating Activities | 6.84 | 3.04 | -5.15 | 3.83 | 8.28 | -2.88 |
| Capital Expenditures | -3.92 | -3.14 | -2.70 | -3.81 | -5.29 | -2.87 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 17.99 | 0.00 | 0.00 | 0.01 | 0.00 | 6.10 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 17.99 | 0.00 | 0.00 | 0.01 | 0.00 | 6.10 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 14.07 | -3.14 | -2.70 | -3.80 | -5.29 | 3.23 |
| Cash Dividends Paid | 0.00 | 0.00 | -1.04 | -1.04 | -1.04 | -1.03 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | -8.15 | -1.19 | 3.09 | 0.00 | -0.90 | -0.36 |
| Change in Long Term Debt | -8.15 | -1.19 | 3.09 | 0.00 | -0.90 | -0.36 |
| Issuance of Long Term Debt | 0.00 | -1.19 | 252.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | -8.15 | 0.00 | -248.92 | 0.00 | -0.90 | -0.36 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | -0.37 | 0.00 | -1.02 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | -8.52 | -1.19 | 1.03 | -1.04 | -1.94 | -1.40 |
| Net Change in Cash | 12.39 | -1.29 | -6.82 | -1.00 | 1.06 | -1.04 |
| Free Cash Flow | 2.92 | -0.10 | -7.85 | 0.02 | 2.99 | -5.74 |
Revenue breakdown
| Total Real Estate Investment Trusts revenue | 2024: 120.11M 2025: 107.16M |
|---|---|
| United States | 2024: 120.11M 2025: 107.16M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 1.48% | 1.3M | 84.6M | 821.60K |
| 2026-10-15 | 1.30% | 1.1M | 84.6M | 699.00K |
| 2026-09-30 | 1.53% | 1.4M | 91.7M | 516.68K |
| 2026-09-15 | 0.82% | 0.8M | 91.7M | 653.61K |
| 2026-08-31 | 0.98% | 0.9M | 91.7M | 621.68K |
| 2026-08-14 | 1.04% | 0.9M | 91.7M | 623.84K |
| 2026-07-31 | 1.04% | 1.0M | 91.7M | 654.34K |
| 2026-07-15 | 0.94% | 0.9M | 91.4M | 647.61K |
| 2026-06-30 | 0.91% | 0.8M | 91.4M | 643.25K |
| 2026-06-15 | 3.59% | 3.3M | 91.4M | 485.16K |
| 2026-05-29 | 4.14% | 3.8M | 91.4M | 466.77K |
| 2026-05-15 | 3.87% | 3.5M | 91.7M | 498.13K |
| 2026-04-30 | 4.47% | 3.8M | 85.2M | 524.14K |
| 2026-04-15 | 4.96% | 4.2M | 85.2M | 549.93K |
| 2026-03-31 | 4.73% | 4.0M | 83.7M | 549.74K |
| 2026-03-13 | 4.16% | 3.5M | 83.7M | 512.58K |
| 2026-02-27 | 3.58% | 3.0M | 83.7M | 484.16K |
| 2026-02-13 | 2.91% | 2.4M | 83.7M | 528.47K |
| 2026-01-30 | 3.03% | 2.5M | 83.7M | 588.96K |
| 2026-01-15 | 3.03% | 2.5M | 83.7M | 649.31K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 2.50 | 0.00 | 0.05 | 0.00 | 8.291 | 0.00 | 0.00 | 0.257 | -0.009 | 0.000 |
| call | 5.00 | 0.00 | 0.75 | 0.00 | 10.272 | 0.00 | 0.00 | 0.233 | -0.012 | 0.000 |
| call | 7.50 | 0.00 | 0.75 | 0.00 | 11.207 | 0.00 | 0.00 | 0.225 | -0.012 | 0.000 |
| put | 2.50 | 1.90 | 2.50 | 2.10 | 0.000 | 1.00 | 0.00 | -0.745 | -0.010 | 0.000 |
| put | 5.00 | 4.50 | 5.20 | 4.53 | 0.000 | 2.00 | 0.00 | -0.766 | -0.011 | 0.000 |
| put | 7.50 | 7.00 | 7.60 | 7.10 | 0.000 | 0.00 | 0.00 | -0.775 | -0.011 | 0.000 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-10-30 | SCHEDULE 13D/A | SEC | ||
| 2026-10-28 | SCHEDULE 13G/A | SEC | ||
| 2026-10-27 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-09-30 | SEC |
| 2026-10-27 | 8-K | Current report | 2026-10-27 | SEC |
| 2026-10-14 | SCHEDULE 13D | SEC | ||
| 2026-08-03 | SCHEDULE 13G | SEC | ||
| 2026-07-28 | SCHEDULE 13G/A | SEC | ||
| 2026-07-28 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-07-28 | 8-K | Current report | 2026-07-28 | SEC |
| 2026-07-13 | 8-K | Current report | 2026-07-08 | SEC |
| 2026-05-29 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-28 | SEC |
| 2026-05-29 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-28 | SEC |
| 2026-05-29 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-28 | SEC |
| 2026-05-29 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-28 | SEC |
| 2026-05-14 | 8-K | Current report | 2026-05-14 | SEC |
| 2026-04-28 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-04-28 | 8-K | Current report | 2026-04-28 | SEC |
| 2026-04-02 | ARS | Annual report to security holders. | 2025-12-31 | SEC |
| 2026-04-02 | DEFA14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | SEC | |
| 2026-04-02 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-05-14 | SEC |
| 2026-03-09 | 10-K | Annual report pursuant to Section 13 or 15(d) | 2025-12-31 | SEC |
| 2026-03-09 | 8-K | Current report | 2026-03-09 | SEC |
| 2026-03-04 | 8-K | Current report | 2026-02-26 | SEC |
| 2026-02-11 | SCHEDULE 13G/A | SEC | ||
| 2025-11-14 | SCHEDULE 13G | SEC | ||
| 2025-11-12 | SCHEDULE 13G/A | SEC | ||
| 2025-10-28 | 8-K | Current report | 2025-10-28 | SEC |
| 2025-10-28 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2025-09-30 | SEC |
| 2025-10-22 | 3 | Initial statement of beneficial ownership of securities | 2025-10-15 | SEC |
| 2025-10-15 | 8-K | Current report | 2025-10-09 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| PRIVATE MANAGEMENT GROUP INC | 9.77% |
| Newtyn Management, LLC | 6.90% |
| Converium Capital Inc. | 6.37% |
| BANK OF AMERICA CORP /DE/ | 4.62% |
| VANGUARD CAPITAL MANAGEMENT LLC | 3.60% |
| GUARDSMAN PRIVATE CAPITAL MANAGEMENT, INC. | 2.76% |
| RENAISSANCE TECHNOLOGIES LLC | 1.85% |
| ACADIAN ASSET MANAGEMENT LLC | 1.71% |
| BlackRock, Inc. | 1.34% |
| CONFLUENCE INVESTMENT MANAGEMENT LLC | 1.18% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 2.60% |
| Cambria Global Real Estate ETF | 1.04% |
| Fidelity Small Cap Index Fund | 0.90% |
| VANGUARD EXTENDED MARKET INDEX FUND | 0.89% |
| VANGUARD RUSSELL 2000 INDEX FUND | 0.45% |
| Fidelity Extended Market Index Fund | 0.42% |
| Schwab U.S. Small-Cap ETF | 0.38% |
| DFA Global Real Estate Securities Portfolio | 0.32% |
| Goldman Sachs Absolute Return Tracker Fund | 0.19% |
| Schwab Small-Cap Index Fund | 0.18% |
OakChart. FSP. Cached 15 minutes.
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