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

$24.21
-0.39 (-1.59%)
(As of 11:51 AM ET)
Today's Range
$24.11
$24.51
50-Day Range
$22.57
$25.22
52-Week Range
$20.51
$27.60
Volume
104,195 shs
Average Volume
481,807 shs
Market Capitalization
$2.23 billion
P/E Ratio
22.63
Dividend Yield
5.70%
Price Target
$26.33

Four Corners Property Trust MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
7.0% Upside
$26.33 Price Target
Short Interest
Bearish
3.30% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-6.60
Upright™ Environmental Score
News Sentiment
1.86mentions of Four Corners Property Trust in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.44%
From $1.64 to $1.68 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.21 out of 5 stars

Finance Sector

430th out of 854 stocks

Real Estate Investment Trusts Industry

87th out of 180 stocks

FCPT stock logo

About Four Corners Property Trust Stock (NYSE:FCPT)

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.

FCPT Stock Price History

FCPT Stock News Headlines

Four Corners Property Trust earnings: here's what to expect
Four Corners Property Trust Inc.
FCPT to Report First Quarter 2024 Financial Results
FCPT Declares First Quarter 2024 Dividend
Q4 2023 Four Corners Property Trust Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
5/23/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Fax
N/A
Employees
516
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$26.33
High Stock Price Target
$28.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+7.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$95.34 million
Pretax Margin
37.53%

Debt

Sales & Book Value

Annual Sales
$250.61 million
Cash Flow
$1.61 per share
Book Value
$13.74 per share

Miscellaneous

Free Float
90,882,000
Market Cap
$2.26 billion
Optionable
Optionable
Beta
1.01
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Key Executives

  • Mr. William Howard Lenehan IV (Age 47)
    President, CEO & Director
    Comp: $1.41M
  • Mr. Gerald R. Morgan Jr. (Age 61)
    Chief Financial Officer
    Comp: $784.02k
  • Mr. James L. Brat (Age 53)
    COO, General Counsel & Secretary
    Comp: $677.01k
  • Ms. Niccole M. Stewart
    Chief Accounting Officer
  • Mr. Drake Nylund C.F.A.
    Manager of Corporate Finance
  • Mr. Park Allen
    Vice President of People
  • Mr. Patrick L. Wernig
    Managing Director of Acquisitions
  • Mr. Warren Smith
    Controller of Finance & Reporting
  • Ms. Kelly Egli
    Controller
  • Mr. Steen Lund
    Treasury & Tax Analyst

FCPT Stock Analysis - Frequently Asked Questions

Should I buy or sell Four Corners Property Trust stock right now?

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

What is Four Corners Property Trust's stock price target for 2024?

2 analysts have issued 12-month price objectives for Four Corners Property Trust's stock. Their FCPT share price targets range from $25.00 to $28.00. On average, they expect the company's stock price to reach $26.33 in the next year. This suggests a possible upside of 7.0% from the stock's current price.
View analysts price targets for FCPT
or view top-rated stocks among Wall Street analysts.

How have FCPT shares performed in 2024?

Four Corners Property Trust's stock was trading at $25.30 at the beginning of the year. Since then, FCPT stock has decreased by 2.8% and is now trading at $24.60.
View the best growth stocks for 2024 here
.

Are investors shorting Four Corners Property Trust?

Four Corners Property Trust saw a increase in short interest in April. As of April 30th, there was short interest totaling 3,040,000 shares, an increase of 30.5% from the April 15th total of 2,330,000 shares. Based on an average daily volume of 506,300 shares, the days-to-cover ratio is currently 6.0 days.
View Four Corners Property Trust's Short Interest
.

When is Four Corners Property Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our FCPT earnings forecast
.

How were Four Corners Property Trust's earnings last quarter?

Four Corners Property Trust, Inc. (NYSE:FCPT) announced its quarterly earnings results on Thursday, February, 15th. The financial services provider reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.40 by $0.13. The financial services provider had revenue of $65.14 million for the quarter, compared to analysts' expectations of $65.23 million. Four Corners Property Trust had a trailing twelve-month return on equity of 7.65% and a net margin of 37.44%. The company's revenue for the quarter was up 13.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.41 earnings per share.

How often does Four Corners Property Trust pay dividends? What is the dividend yield for Four Corners Property Trust?

Four Corners Property Trust declared a quarterly dividend on Monday, March 11th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.345 per share on Monday, April 15th. This represents a $1.38 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for FCPT
.

Is Four Corners Property Trust a good dividend stock?

Four Corners Property Trust (NYSE:FCPT) pays an annual dividend of $1.38 per share and currently has a dividend yield of 5.56%. 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 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 128.97%. 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 82.14% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for FCPT.

What other stocks do shareholders of Four Corners Property Trust own?

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).

Who are Four Corners Property Trust's major shareholders?

Four Corners Property Trust's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.56%), Westwood Holdings Group Inc. (2.85%), Earnest Partners LLC (2.64%), Principal Financial Group Inc. (1.84%), William Blair Investment Management LLC (1.53%) and Rye Brook Capital LLC (0.46%). Insiders that own company stock include Douglas B Hansen, John S Moody, Niccole Stewart and William H Lenehan.
View institutional ownership trends
.

How do I buy shares of Four Corners Property Trust?

Shares of FCPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FCPT) was last updated on 5/23/2024 by MarketBeat.com Staff

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