NYSE:FCPTFour Corners Property Trust Stock Price, Forecast & News

$24.34

+0.55 (+2.31 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$23.15

Now: $24.34▼

$24.93

50-Day Range

$17.22

MA: $20.83▼

$23.79

52-Week Range

$12.80

Now: $24.34▼

$32.50

Volume524,000 shs

Average Volume742,544 shs

Market Capitalization$1.71 billion

P/E Ratio22.75

Dividend Yield5.01%

Beta0.83

FCPT is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. The Company seeks to grow its portfolio primarily by acquiring additional real estate to lease, on a net basis, for use in the restaurant and food industry.

Beat the Market (BTM) Rank^™

2.4 Analyst's Opinion

Consensus Rating
Four Corners Property Trust has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $30.00, Four Corners Property Trust has a potential upside of 23.3% from its current price of $24.34.
Amount of Analyst Coverage
Four Corners Property Trust has only been the subject of 1 research reports in the past 90 days.

1.7 Community Rank

Outperform Votes
Four Corners Property Trust has received 230 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Four Corners Property Trust has received 431 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Four Corners Property Trust has received 65.20% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Four Corners Property Trust and other stocks. Vote “Outperform” if you believe FCPT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FCPT will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Four Corners Property Trust is a leading dividend payer. It pays a dividend yield of 5.01%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Four Corners Property Trust has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Four Corners Property Trust is 87.77 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Four Corners Property Trust will have a dividend payout ratio of 89.05 % in the coming year. This indicates that Four Corners Property Trust may not be able to sustain their current dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Four Corners Property Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $319,792.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.71% of the stock of Four Corners Property Trust is held by insiders.
Percentage Held by Institutions
92.55% of the stock of Four Corners Property Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Four Corners Property Trust are expected to grow by 16.10% in the coming year, from $1.18 to $1.37 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Four Corners Property Trust is 22.75, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of Four Corners Property Trust is 22.75, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.53.
Price to Book Value per Share Ratio
Four Corners Property Trust has a P/B Ratio of 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.08 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:FCPT

Previous Symbol

CUSIPN/A

CIK1650132

Webwww.fcpt.com

Phone415-965-8030

Debt

Debt-to-Equity Ratio1.13

Current Ratio6.16

Quick Ratio6.16

Price-To-Earnings

Trailing P/E Ratio22.75

Forward P/E Ratio20.63

P/E GrowthN/A

Sales & Book Value

Annual Sales$160.23 million

Price / Sales10.68

Cash Flow$1.50 per share

Price / Cash Flow16.24

Book Value$10.55 per share

Price / Book2.31

Profitability

EPS (Most Recent Fiscal Year)$1.39

Net Income$72.62 million

Net Margins45.61%

Return on Equity10.66%

Return on Assets5.22%

Miscellaneous

Employees361

Outstanding Shares70,324,000

Market Cap$1.71 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Four Corners Property Trust (NYSE:FCPT) Frequently Asked Questions

How has Four Corners Property Trust's stock been impacted by COVID-19 (Coronavirus)?

Four Corners Property Trust's stock was trading at $25.69 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FCPT stock has decreased by 5.3% and is now trading at $24.34. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Four Corners Property Trust?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Four Corners Property Trust in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Four Corners Property Trust.

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

Four Corners Property Trust is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Four Corners Property Trust.

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

Four Corners Property Trust Inc (NYSE:FCPT) announced its earnings results on Wednesday, May, 6th. The financial services provider reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.35 by $0.08. The financial services provider earned $42.50 million during the quarter, compared to the consensus estimate of $42.66 million. Four Corners Property Trust had a return on equity of 10.66% and a net margin of 45.61%. Four Corners Property Trust's revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $0.35 EPS. View Four Corners Property Trust's earnings history.

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

Four Corners Property Trust announced a quarterly dividend on Friday, May 29th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.305 per share on Wednesday, July 15th. This represents a $1.22 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date is Monday, June 29th. View Four Corners Property Trust's dividend history.

What price target have analysts set for FCPT?

5 Wall Street analysts have issued twelve-month price objectives for Four Corners Property Trust's stock. Their forecasts range from $24.00 to $34.00. On average, they expect Four Corners Property Trust's stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 23.3% from the stock's current price. View analysts' price targets for Four Corners Property Trust.

Has Four Corners Property Trust been receiving favorable news coverage?

News stories about FCPT stock have trended somewhat positive on Friday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Four Corners Property Trust earned a coverage optimism score of 0.7 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutFour Corners Property Trust.

Who are some of Four Corners Property Trust's key competitors?

Some companies that are related to Four Corners Property Trust include Store Capital (STOR), National Retail Properties (NNN), Healthcare Trust Of America (HTA), Kimco Realty (KIM), Apartment Investment and Management (AIV), Douglas Emmett (DEI), CubeSmart (CUBE), Cousins Properties (CUZ), American Campus Communities (ACC), First Industrial Realty Trust (FR), Rexford Industrial Realty (REXR), Life Storage (LSI), Starwood Property Trust (STWD), Eastgroup Properties (EGP) and CoreSite Realty (COR). View all competitors.

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), Keryx Biopharmaceuticals (KERX), Boeing (BA), AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Omega Healthcare Investors (OHI), Exxon Mobil (XOM), Bristol-Myers Squibb (BMY) and Consolidated Edison (ED).

Who are Four Corners Property Trust's key executives?

Four Corners Property Trust's management team includes the following people:

Mr. William Howard Lenehan IV, Pres, CEO & Director (Age 42)
Mr. Gerald R. Morgan Jr., Chief Financial Officer (Age 56)
Mr. James L. Brat, Gen. Counsel & Sec. (Age 48)
Ms. Niccole M. Stewart, Chief Accounting Officer
Mr. Joshua C. Zhang, VP of Acquisitions

What is Four Corners Property Trust's stock symbol?

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

Who are Four Corners Property Trust's major shareholders?

Four Corners Property Trust's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (18.65%), State Street Corp (3.95%), Invesco Ltd. (3.69%), Cohen & Steers Inc. (3.09%), Principal Financial Group Inc. (3.01%) and Wells Fargo & Company MN (2.32%). Company insiders that own Four Corners Property Trust stock include Gerald R Morgan, James L Brat, John S Moody, Niccole Stewart and William H Lenehan. View institutional ownership trends for Four Corners Property Trust.

Which institutional investors are selling Four Corners Property Trust stock?

FCPT stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Nuveen Asset Management LLC, Impax Asset Management Group plc, BlackRock Inc., Citigroup Inc., Morgan Stanley, Morgan Stanley, and UBS Group AG. Company insiders that have sold Four Corners Property Trust company stock in the last year include James L Brat, and Niccole Stewart. View insider buying and selling activity for Four Corners Property Trust.

Which institutional investors are buying Four Corners Property Trust stock?

FCPT stock was purchased by a variety of institutional investors in the last quarter, including Ziegler Capital Management LLC, State Street Corp, Peregrine Capital Management LLC, Wells Fargo & Company MN, Victory Capital Management Inc., Victory Capital Management Inc., Principal Financial Group Inc., and Cohen & Steers Inc.. Company insiders that have bought Four Corners Property Trust stock in the last two years include Gerald R Morgan, John S Moody, Niccole Stewart, and William H Lenehan. View insider buying and selling activity for Four Corners Property Trust.

How do I buy shares of Four Corners Property Trust?

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

What is Four Corners Property Trust's stock price today?

One share of FCPT stock can currently be purchased for approximately $24.34.

How big of a company is Four Corners Property Trust?

Four Corners Property Trust has a market capitalization of $1.71 billion and generates $160.23 million in revenue each year. The financial services provider earns $72.62 million in net income (profit) each year or $1.39 on an earnings per share basis. Four Corners Property Trust employs 361 workers across the globe.

What is Four Corners Property Trust's official website?

The official website for Four Corners Property Trust is www.fcpt.com.

How can I contact Four Corners Property Trust?

Four Corners Property Trust's mailing address is 591 REDWOOD HIGHWAY SUITE 1150, MILL VALLEY CA, 94941. The financial services provider can be reached via phone at 415-965-8030.

This page was last updated on 6/5/2020 by MarketBeat.com Staff