Four Corners Property Trust - FCPT Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Four Corners Property Trust in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FCPT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FCPT, but not buy additional shares or sell existing shares.
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5 brokers have issued 12-month target prices for Four Corners Property Trust's shares. Their FCPT share price forecasts range from $26.00 to $30.00. On average, they expect the company's stock price to reach $28.33 in the next twelve months. This suggests a possible upside of 11.6% 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 on January 1st, 2023. Since then, FCPT shares have decreased by 2.1% and is now trading at $25.38.
View the best growth stocks for 2023 here.

Four Corners Property Trust saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 4,460,000 shares, an increase of 93.1% from the February 13th total of 2,310,000 shares. Based on an average trading volume of 433,600 shares, the days-to-cover ratio is currently 10.3 days.
View Four Corners Property Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our FCPT earnings forecast.

Four Corners Property Trust, Inc. (NYSE:FCPT) posted its earnings results on Tuesday, July, 26th. The financial services provider reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.12. Four Corners Property Trust had a net margin of 43.81% and a trailing twelve-month return on equity of 9.37%. During the same quarter in the previous year, the firm earned $0.38 earnings per share.

Four Corners Property Trust announced a quarterly dividend on Monday, March 13th. Shareholders of record on Friday, March 31st will be given a dividend of $0.34 per share on Friday, April 14th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 5.36%. The ex-dividend date of this dividend is Thursday, March 30th.
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), Invesco S&P SmallCap Financials ETF (PSCF), Virtus Real Asset Income ETF (VRAI), Invesco S&P SmallCap Low Volatility ETF (XSLV) and Invesco Active U.S. Real Estate ETF (PSR).

Four Corners Property Trust (NYSE:FCPT) pays an annual dividend of $1.36 per share and currently has a dividend yield of 5.06%. 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 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 113.33%. 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 80.47% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for FCPT.

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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "FCPT."

Four Corners Property Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (5.85%), Victory Capital Management Inc. (6.01%), American Century Companies Inc. (2.62%), Macquarie Group Ltd. (2.30%), Geode Capital Management LLC (2.06%) and Principal Financial Group Inc. (2.03%). Insiders that own company stock include Douglas B Hansen, Gerald R Morgan, 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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One share of FCPT stock can currently be purchased for approximately $25.38.

Four Corners Property Trust (NYSE:FCPT) has a market capitalization of $2.18 billion and generates $223.19 million in revenue each year. The financial services provider earns $97.77 million in net income (profit) each year or $1.20 on an earnings per share basis.

The company employs 461 workers across the globe.

Four Corners Property Trust's mailing address is 591 REDWOOD HIGHWAY SUITE 3215, MILL VALLEY CA, 94941. The official website for the company is www.fcpt.com. The financial services provider can be reached via phone at (415) 965-8030.