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

2 Wall Street 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 research analysts is that investors should "buy" FCPT shares.
View FCPT analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 1-year price objectives for Four Corners Property Trust's stock. Their FCPT share price targets range from $25.00 to $28.00. On average, they predict the company's stock price to reach $26.33 in the next twelve months. This suggests a possible upside of 7.5% 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 $25.30 on January 1st, 2024. Since then, FCPT shares have decreased by 3.2% and is now trading at $24.49.
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Four Corners Property Trust saw a increase in short interest in the month of 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 trading volume, of 506,300 shares, the days-to-cover ratio is presently 6.0 days.
View Four Corners Property Trust's Short Interest.

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

Four Corners Property Trust, Inc. (NYSE:FCPT) announced its quarterly earnings results on Thursday, February, 15th. The financial services provider reported $0.27 EPS for the quarter, missing the consensus estimate of $0.40 by $0.13. The financial services provider earned $65.14 million during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the firm posted $0.41 earnings per share.

Four Corners Property Trust announced a quarterly dividend on Monday, March 11th. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.345 per share on Monday, April 15th. This represents a $1.38 annualized dividend and a dividend yield of 5.63%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for FCPT.

Four Corners Property Trust (NYSE:FCPT) pays an annual dividend of $1.38 per share and currently has a dividend yield of 5.76%. 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.

ETFs with the largest weight of Four Corners Property Trust (NYSE:FCPT) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), U.S. Diversified Real Estate ETF (PPTY), Invesco KBW Premium Yield Equity REIT ETF (KBWY), Invesco S&P SmallCap Low Volatility ETF (XSLV), First Trust Multi-Asset Diversified Income Index Fund (MDIV), Fidelity Real Estate Investment ETF (FPRO) and Invesco S&P SmallCap Financials ETF (PSCF).SPDR S&P 600 Small Cap ETF (SLY).

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 a number of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (1.84%), William Blair Investment Management LLC (1.53%), Rye Brook Capital LLC (0.46%), Raymond James & Associates (0.26%), Sumitomo Mitsui Trust Holdings Inc. (0.11%) and Texas Permanent School Fund Corp (0.09%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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