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

5 Wall Street 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 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 brokerages have issued twelve-month price targets for Four Corners Property Trust's shares. Their FCPT share price forecasts range from $26.00 to $30.00. On average, they predict the company's share price to reach $28.33 in the next year. This suggests that the stock has a possible downside of 0.9%.
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 stock has increased by 10.3% and is now trading at $28.60.
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Four Corners Property Trust saw a increase in short interest in December. As of December 30th, there was short interest totaling 2,040,000 shares, an increase of 24.4% from the December 15th total of 1,640,000 shares. Based on an average daily volume of 505,700 shares, the short-interest ratio is presently 4.0 days.
View Four Corners Property Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our FCPT earnings forecast.

Four Corners Property Trust will be holding an earnings conference call on Thursday, February 16th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "227349".

Four Corners Property Trust, Inc. (NYSE:FCPT) released its quarterly earnings results on Tuesday, July, 26th. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by $0.12. Four Corners Property Trust had a trailing twelve-month return on equity of 9.86% and a net margin of 45.13%. During the same quarter in the prior year, the firm posted $0.38 earnings per share.

Four Corners Property Trust announced a quarterly dividend on Monday, November 14th. Shareholders of record on Friday, December 30th will be paid a dividend of $0.34 per share on Friday, January 13th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.76%. The ex-dividend date of this dividend is Thursday, December 29th. This is an increase from the stock's previous quarterly dividend of $0.33.
Read our dividend analysis for FCPT.

Four Corners Property Trust (NYSE:FCPT) pays an annual dividend of $1.36 per share and currently has a dividend yield of 4.80%. 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 110.57%. 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 83.95% 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 variety of retail and institutional investors. Top institutional investors include Ziegler Capital Management LLC (0.37%), Exchange Traded Concepts LLC (0.17%), State of Alaska Department of Revenue (0.12%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Strs Ohio (0.10%) and AE Wealth Management LLC (0.07%). Insiders that own company stock include Douglas B Hansen, Gerald R Morgan, James L Brat, John S Moody, Niccole Stewart and William H Lenehan.
View institutional ownership trends.

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 $28.60.

Four Corners Property Trust (NYSE:FCPT) has a market capitalization of $2.40 billion and generates $199.38 million in revenue each year. The financial services provider earns $85.58 million in net income (profit) each year or $1.23 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.