With 0.74 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.42 million shares. During the session, the REIT – Office company that operates in wider Real Estate sector, reached to the highest price of $1.88 whereas the lowest price it dropped to was $1.76. The 52-week range on FSP shows that it touched its highest point at $2.72 and its lowest point at $1.47 during that stretch. It currently has a 1-year price target of $2.00. With its current market cap of 200.03 million, FSP has annualized dividend of $0.04 while the current yield stands at 2.13%. FSP paid its most recent dividend on 1729209600, while the ex-dividend date for that was 1729209600. Beta for the stock currently stands at 0.81.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FSP was down-trending over the past week, with a drop of -1.57%, but this was down by -3.59% over a month. Three-month performance surged to 16.05% while six-month performance rose 8.05%. The stock lost -25.69% in the past year, while it has lost -26.56% so far this year. A look at the trailing 12-month EPS for FSP yields -0.39 with Next year EPS estimates of -0.28. For the next quarter, that number is -0.03. This implies an EPS growth rate of 2.13% for this year and 39.13% for next year.
Float and Shares Shorts:
At present, 103.57 million FSP shares are outstanding with a float of 74.28 million shares on hand for trading. On 2024-11-15, short shares totaled 1.7 million, which was 164.0 higher than short shares on 1728950400. In addition to Mr. George John Carter as the firm’s Chairman & CEO, Mr. Jeffrey B. Carter serves as its President & Chief Investment Officer.
Institutional Ownership:
Through their ownership of 0.66894996 of FSP’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, FSP reported revenue of $29682000.0 and operating income of -$1590000.0. The EBITDA in the recently reported quarter was $10424000.0 and diluted EPS was -$0.15.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With FSP analysts setting a high price target of 2.0 and a low target of 2.0, the average target price over the next 12 months is 2.0. Based on these targets, FSP could surge 6.38% to reach the target high and rise by 6.38% to reach the target low. Reaching the average price target will result in a growth of 6.38% from current levels.
Analysts have provided yearly estimates in a range of -$0.46 being high and -$0.46 being low. For FSP, this leads to a yearly average estimate of -$0.46. The surprise factor in the prior quarter was -$0.08. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
