Item 5. Market for Registrant’s Common Equity
Item 5. Market For Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Our common stock is listed on the NYSE American under the symbol “FSP”.
As of February 1, 2021, there were 10,031 holders of our common stock, including both holders of record and participants in securities position listings.
While not guaranteed, we expect to continue to pay cash dividends on our common stock in the future. See Part I, Item 1A Risk Factors, “Our level of dividends may fluctuate.” for additional information.
STOCK PERFORMANCE GRAPH
The following graph compares the cumulative total stockholder return on the Company’s common stock between December 31, 2015 and December 31, 2020 with the cumulative total return of (1) the NAREIT Equity Index, (2) the Standard & Poor’s 500 Composite Stock Price Index (“S&P 500”) and (3) the Russell 2000 Total Return Index over the same period. This graph assumes the investment of $100.00 on December 31, 2015 and assumes that any distributions are reinvested.
As of December 31,
2015
2016
2017
2018
2019
2020
FSP
$
100
$
134
$
119
$
73
$
104
$
57
NAREIT Equity
100
109
118
113
146
138
S&P 500
100
112
136
130
171
203
Russell 2000
100
121
139
124
155
186
Notes to Graph:
The above performance graph and related information shall not be deemed “soliciting material” or to be “filed” with the Securities and Exchange Commission, nor shall such information be incorporated by reference into any future filing under the Securities Act of 1933 or Securities Exchange Act of 1934, each as amended, except to the extent that we specifically incorporate it by reference into such filing.
26
Table of Contents
Item 6.
Selected Financial Data
The following selected financial information is derived from the historical consolidated financial statements of FSP Corp. This information should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Item 7 and with FSP Corp.’s consolidated financial statements and related notes thereto included in Item 8.
Year Ended December 31,
(In thousands, except per share amounts)
2020
2019
2018
2017
2016
Operating Data:
Total revenue
$
245,848
$
269,065
$
268,870
$
272,588
$
249,888
Net income (loss)
32,615
6,475
13,069
(15,944)
8,378
Basic and diluted income (loss) per share:
$
0.30
$
0.06
$
0.12
$
(0.15)
$
0.08
Distributions declared per share outstanding:
$
0.36
$
0.36
$
0.46
$
0.76
$
0.76
As of December 31,
2020
2019
2018
2017
2016
Balance Sheet Data:
Total assets
$
1,793,184
$
1,842,654
$
1,898,102
$
1,990,512
$
2,088,133
Total liabilities
1,025,093
1,056,258
1,060,468
1,119,220
1,126,089
Total shareholders’ equity
768,091
786,396
837,634
871,292
962,044
27
Table of Contents