Four Corners Property Trust Stock Price, News & Analysis (NYSE:FCPT)

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Four Corners Property Trust in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FCPT shares.
View FCPT analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 12-month price objectives for Four Corners Property Trust's shares. Their FCPT share price targets range from $26.00 to $29.00. On average, they anticipate the company's share price to reach $27.67 in the next year. This suggests a possible upside of 11.7% from the stock's current price.
View analysts price targets for FCPT or view top-rated stocks among Wall Street analysts.

Four Corners Property Trust's stock was trading at $25.93 at the beginning of the year. Since then, FCPT shares have decreased by 4.5% and is now trading at $24.76.
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Four Corners Property Trust saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 1,930,000 shares, a drop of 14.2% from the October 31st total of 2,250,000 shares. Based on an average daily volume of 552,900 shares, the short-interest ratio is presently 3.5 days.
View Four Corners Property Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our FCPT earnings forecast.

Four Corners Property Trust, Inc. (NYSE:FCPT) released its earnings results on Monday, May, 1st. The financial services provider reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.39 by $0.12. The financial services provider had revenue of $59.95 million for the quarter, compared to the consensus estimate of $59.03 million. Four Corners Property Trust had a net margin of 38.62% and a trailing twelve-month return on equity of 7.85%. Four Corners Property Trust's revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.41 EPS.

Four Corners Property Trust announced a quarterly dividend on Friday, November 10th. Stockholders of record on Friday, December 29th will be given a dividend of $0.345 per share on Friday, January 12th. This represents a $1.38 annualized dividend and a dividend yield of 5.57%. The ex-dividend date is Thursday, December 28th. This is a positive change from the stock's previous quarterly dividend of $0.34.
Read our dividend analysis for FCPT.

Four Corners Property Trust (NYSE:FCPT) pays an annual dividend of $1.36 per share and currently has a dividend yield of 5.72%. FCPT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 125.93%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, FCPT will have a dividend payout ratio of 81.93% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for FCPT.

ETFs with the largest weight of Four Corners Property Trust (NYSE:FCPT) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), ALPS REIT Dividend Dogs ETF (RDOG), Invesco KBW Premium Yield Equity REIT ETF (KBWY), Cambria Global Real Estate ETF (BLDG), Virtus Real Asset Income ETF (VRAI), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Financials ETF (PSCF) and Invesco Active U.S. Real Estate ETF (PSR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Four Corners Property Trust investors own include Darden Restaurants (DRI), Boeing (BA), Keryx Biopharmaceuticals (KERX), AT&T (T), Johnson & Johnson (JNJ), Verizon Communications (VZ), Bristol-Myers Squibb (BMY), Main Street Capital (MAIN), NVIDIA (NVDA) and Exxon Mobil (XOM).

Four Corners Property Trust's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (10.86%), Victory Capital Management Inc. (5.27%), American Century Companies Inc. (2.71%), Invesco Ltd. (2.49%), Principal Financial Group Inc. (1.97%) and Charles Schwab Investment Management Inc. (1.42%). Insiders that own company stock include Douglas B Hansen, John S Moody, Niccole Stewart and William H Lenehan.
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Shares of FCPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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