Franklin Street Properties Corp. (FSP)
AMEXReal EstateReit - OfficeSnapshot 2026-09-04
$0.40+0.92%
Close 2026-09-04 · 1-day change
AMEXReal EstateReit - OfficeSnapshot 2026-09-04
QuarterlyIQ Insights · FSP
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -81.7% |
| Our one-year growth estimate | diamond | -6.4% |
Growth built into the price is above our model estimate.
The price assumes 75.3 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Worth watching into the next print: this name is a smaller-cap name (higher miss base rate) and operates in a high-miss-rate industry. A fundamental tilt, not a price call.
Model as of 2026-09-04 · Compared with 16 industry peers
FSP — earnings in line
Dated 2026-04-28
Results of Operations and Financial Condition. On April 28, 2026, Franklin Street Properties Corp. (the “Registrant”) announced its financial results for the first quarter ended March 31, 2026. The full text of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The press release references certain supplemental operating and financial data that is now available on the Registrant’s website. A copy of the supplemental o…
Why it matters: Stable cash flow is important for the company's health. It shows better management.
Supportive ifCash from operations becomes positive or stays above -$5.15M in Q2 2026.
Worry ifCash from operations goes down more below -$5.15M.
Why it matters: Selling more properties can boost cash flow and lower debt.
Supportive ifAnother property sale brings in more than $10 million.
Worry ifNo new property sales are planned or done in the next quarter.
Why it matters: Earnings results will show how well the company is doing.
Watch forEarnings results show better key financial numbers.
Also watch forEarnings results show worse financial numbers.
Why it matters: Changes in the dividend policy may affect how money is spent and the company’s health.
Watch forA plan to restart dividends was announced after the review.
Also watch forDividends are still suspended with no plans to restart them.
Why it matters: A change in the dividend policy could show financial health. It may change how investors feel.
Watch forThe company says it will start paying quarterly dividends again.
Also watch forThe company keeps the dividend suspended with no plans to start it again.
Why it matters: Maintaining the dividend signals confidence in cash flow. It impacts investor trust and stock performance.
Supportive ifCompany says dividend will stay at $0.01 per share in future updates.
Worry ifCompany cuts the dividend below $0.01 per share.
Why it matters: Selling more assets may show good progress on the strategic review. It can also help with finances.
Supportive ifA new property sale was announced. This follows the Greenwood Plaza deal.
Worry ifNo further asset sales announced in the next quarter.
Why it matters: Higher leasing rates show better demand for FSP's properties. This helps revenue grow.
Supportive ifLeasing percentage increases to above 68.4% in the next quarter.
Worry ifLeasing percentage drops below 68.4% in the next quarter.
Why it matters: Updates on strategic options can show possible deals. These may help shareholders.
Supportive ifA big deal or partnership is announced with BofA and JLL.
Worry ifNo news on strategic options in the next quarter.
Why it matters: This will show if the company can manage its ongoing income losses. Investors want to see improvement in operating income.
Worry ifIf Q2 operating income losses are worse than -$9.47M, it shows ongoing problems.
Less concerning ifOperating income losses improve to better than -$9.47M.
Why it matters: The strategic review could lead to valuable corporate or asset transactions. This may enhance shareholder value.
Supportive ifA big corporate or asset deal comes from the strategic review.
Worry ifNo news or progress on strategic options in the next quarter.
Why it matters: Ongoing losses show financial problems. This may impact future operations and investor trust.
Worry ifOperating income shows improvement from -$9.47M in Q1 2026.
Less concerning ifOperating income worsens or remains at -$9.47M or worse.
Why it matters: If the real estate sector shows renewed revenue growth, it could benefit Franklin Street Properties. This would signal a better environment for the company.
Supportive ifSector revenue growth is getting closer to 10% year over year.
Worry ifSector revenue growth remains below 5% year over year.
Why it matters: Closing this sale would show FSP's ability to execute strategic asset transactions. It could improve cash flow and reduce debt.
Supportive ifThe deal closes with the buyer after checking everything.
Worry ifThe deal does not close or is delayed much longer than expected.
Why it matters: More leasing activity shows stronger demand. This could help raise occupancy rates.
Supportive ifLeasing activity exceeds 170,000 square feet in Q3 2026.
Worry ifLeasing activity remains below 170,000 square feet in Q3 2026.
Why it matters: Stable or better occupancy rates are key for revenue growth. They also help the portfolio.
Supportive ifOccupancy rates rise above 67.4% in Q3 2026.
Worry ifOccupancy rates fall below 67.4% in Q3 2026.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$197 on $10,000 · ±2.0% | How much price usually moves either way. |
| Bad day | $606 loss on $10,000 · 6.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $7,588 loss on $10,000 · 75.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.