Added to YB: 2026-01-30
Pitch date: 2026-01-28
FSP [bullish]
Franklin Street Properties Corp.
-13.17%
current return
Author Info
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Company Info
Franklin Street Properties Corp. is focused on infill and central business district (CBD) office properties in the U.
Market Cap
$78.5M
Pitch Price
$0.88
Price Target
2.87 (+277%)
Dividend
5.28%
EV/EBITDA
9.14
P/E
-1.70
EV/Sales
2.70
Sector
Office REITs
Category
value
Cheap Real Estate Atop a Debt Cliff - Franklin Street Properties Corp.
FSP: Small office REIT trading at $0.95 vs $5.91 tangible book value. Owns 4.8M sq ft in Dallas, Denver, Houston, Minneapolis. Exploring strategic alternatives including sale. Debt matures 2025, needs refinancing. Conservative valuation suggests ~$2.87/share. Risks include fire-sale liquidation, dilution, falling occupancy. Potential catalyst: successful refinancing could drive bounce to $1.50-$2.
Read full article (6 min)