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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone415-965-8030
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$143.63 million
Profitability
Miscellaneous
Employees361
Next Earnings Date10/29/2019 (Confirmed)
OptionableOptionable
Four Corners Property Trust (NYSE:FCPT) Frequently Asked Questions
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."
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, September 23rd. Shareholders of record on Friday, September 27th will be paid a dividend of $0.2875 per share on Tuesday, October 15th. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date is Thursday, September 26th. This is an increase from Four Corners Property Trust's previous quarterly dividend of $0.24. View Four Corners Property Trust's Dividend History.
How were Four Corners Property Trust's earnings last quarter?
Four Corners Property Trust Inc (NYSE:FCPT) posted its earnings results on Tuesday, July, 30th. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by $0.10. The financial services provider had revenue of $39.57 million for the quarter, compared to analysts' expectations of $40.64 million. Four Corners Property Trust had a net margin of 48.31% and a return on equity of 10.75%. Four Corners Property Trust's revenue was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.35 EPS. View Four Corners Property Trust's Earnings History.
When is Four Corners Property Trust's next earnings date?
How can I listen to Four Corners Property Trust's earnings call?
Four Corners Property Trust will be holding an earnings conference call on Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for FCPT?
4 brokers have issued 1 year price objectives for Four Corners Property Trust's shares. Their forecasts range from $29.00 to $36.00. On average, they anticipate Four Corners Property Trust's stock price to reach $31.75 in the next twelve months. This suggests a possible upside of 12.6% from the stock's current price. View Analyst Price Targets for Four Corners Property Trust.
What is the consensus analysts' recommendation for Four Corners Property Trust?
4 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Four Corners Property Trust.
What are Wall Street analysts saying about Four Corners Property Trust stock?
Here are some recent quotes from research analysts about Four Corners Property Trust stock:
- 1. According to Zacks Investment Research, "Four Corners Property Trust, Inc. is involved in the acquisition and leasing of restaurant locations. Four Corners is headquartered in Mill Valley, CA. " (9/18/2019)
- 2. Boenning Scattergood analysts commented, "We believe it can utilize this premium valuation to drive NAV expansion, though we expect management to be disciplined and to not grow for the sake of growth. We maintain an Outperform rating on the shares and believe the risks to the recently increased dividend are low. Our $30 price target is based on the potential to grow NAV over time using a strong currency." (4/24/2019)
Has Four Corners Property Trust been receiving favorable news coverage?
News headlines about FCPT stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Four Corners Property Trust earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Four Corners Property Trust.
Are investors shorting Four Corners Property Trust?
Four Corners Property Trust saw a decrease in short interest in the month of September. As of September 30th, there was short interest totalling 1,060,000 shares, a decrease of 15.2% from the August 30th total of 1,250,000 shares. Based on an average daily volume of 343,700 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.6% of the company's shares are short sold. View Four Corners Property Trust's Current Options Chain.
Who are some of Four Corners Property Trust's key competitors?
Some companies that are related to Four Corners Property Trust include Liberty Property Trust (LPT), Douglas Emmett (DEI), AmeriCold Realty Trust (COLD), Starwood Property Trust (STWD), American Campus Communities (ACC), SL Green Realty (SLG), CubeSmart (CUBE), New Residential Investment (NRZ), Healthcare Trust Of America (HTA), Brixmor Property Group (BRX), EPR Properties (EPR), Cousins Properties (CUZ), Howard Hughes (HHC), JBG SMITH Properties (JBGS) and First Industrial Realty Trust (FR).
What other stocks do shareholders of Four Corners Property Trust own?
Who are Four Corners Property Trust's key executives?
Four Corners Property Trust's management team includes the folowing 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
Who are Four Corners Property Trust's major shareholders?
Four Corners Property Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.09%), Nisa Investment Advisors LLC (0.04%), Envestnet Asset Management Inc. (0.03%), NJ State Employees Deferred Compensation Plan (0.01%) and Optimum Investment Advisors (0.00%). Company insiders that own Four Corners Property Trust stock include Douglas B Hansen, Gerald R Morgan, James L Brat and Niccole Stewart. View Institutional Ownership Trends for Four Corners Property Trust.
Which institutional investors are buying Four Corners Property Trust stock?
FCPT stock was acquired by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, NJ State Employees Deferred Compensation Plan, State of Alaska Department of Revenue, Envestnet Asset Management Inc. and Optimum Investment Advisors. View Insider Buying and Selling 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 $28.20.
How big of a company is Four Corners Property Trust?
Four Corners Property Trust has a market capitalization of $1.93 billion and generates $143.63 million in revenue each year. The financial services provider earns $82.39 million in net income (profit) each year or $1.41 on an earnings per share basis. Four Corners Property Trust employs 361 workers across the globe.View Additional Information About Four Corners Property Trust.
What is Four Corners Property Trust's official website?
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.
MarketBeat Community Rating for Four Corners Property Trust (NYSE FCPT)
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.
