About Four Corners Property Trust (NYSE:FCPT)
Four Corners Property Trust, Inc. is a self-administered company and real estate investment trust (REIT), which owns, acquires and leases properties for use in the restaurant and food service related industries. The Company operates through two segments: real estate operations and restaurant operations. Its real estate operations segment consists of rental revenues primarily generated by leasing restaurant properties to tenants through triple-net lease arrangements under which the tenant is primarily responsible for ongoing costs relating to the properties. Its restaurant operations segment is conducted through its taxable REIT subsidiary, Kerrow Holdings, LLC, and consists of its Kerrow Restaurant Operating Business. As of December 31, 2016, it had owned 481 properties, all within the continental United States. Of these properties, 475 were held for investment and leased to tenants under triple-net leases and had an aggregate leasable area of approximately 3.4 million square feet.
Industry, Sector and Symbol:
Capitalization:- Market Cap: $1.53 billion
- Outstanding Shares: 61,194,000
Average Prices:- 50 Day Moving Avg: $25.25
- 200 Day Moving Avg: $24.64
- 52 Week Range: $16.71 - $25.94
P/E:- Trailing P/E Ratio: 18.50
- Foreward P/E Ratio: 24.11
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $127.93 million
- Price / Sales: 11.99
- Book Value: $8.18 per share
- Price / Book: 3.06
Dividend:- Annual Dividend: $0.97
- Dividend Yield: 3.8%
Profitability:- EBITDA: $98.65 million
- Net Margins: 63.74%
- Return on Equity: 17.21%
- Return on Assets: 8.58%
Debt:- Current Ratio: 0.15%
- Quick Ratio: 0.15%
Misc:- Average Volume: 231,255 shs.
- Beta: 0.13
- Short Ratio: 4.26
Frequently Asked Questions for Four Corners Property Trust (NYSE:FCPT)
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 Friday, September 15th. Investors of record on Friday, September 29th will be given a dividend of $0.243 per share on Friday, October 13th. This represents a $0.97 annualized dividend and a yield of 3.88%. The ex-dividend date of this dividend is Thursday, September 28th. 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 quarterly earnings results on Wednesday, August, 2nd. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by $0.01. The firm earned $33.20 million during the quarter, compared to the consensus estimate of $33.33 million. Four Corners Property Trust had a net margin of 63.74% and a return on equity of 17.21%. The business's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.33 earnings per share. View Four Corners Property Trust's Earnings History.
When will Four Corners Property Trust make its next earnings announcement?
Where is Four Corners Property Trust's stock going? Where will Four Corners Property Trust's stock price be in 2017?
4 brokers have issued 12-month price targets for Four Corners Property Trust's shares. Their predictions range from $26.00 to $28.00. On average, they anticipate Four Corners Property Trust's stock price to reach $26.67 in the next twelve months. View Analyst Ratings for Four 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 Taubman Centers (TCO), Retail Properties of America (RPAI), Urban Edge Properties (UE), Acadia Realty Trust (AKR), Tanger Factory Outlet Centers (SKT), Retail Opportunity Investments Corp (ROIC), Kite Realty Group Trust (KRG), Washington Prime Group (WPG), Agree Realty Corporation (ADC), Saul Centers (BFS), Getty Realty Corporation (GTY), Ramco-Gershenson Properties Trust (RPT), Pennsylvania Real Estate Investment Trust (PEI), Cedar Realty Trust (CDR), Capital & Regional plc (CAL), Wheeler Real Estate Investment Trust (WHLR) and Rouse Properties (RSE).
Who are Four Corners Property Trust's key executives?
Four Corners Property Trust's management team includes the folowing people:
- John S. Moody, Independent Chairman of the Board
- William H. Lenehan IV, President, Chief Executive Officer, Director
- Gerald R. Morgan Jr., Chief Financial Officer
- James L. Brat, General Counsel, Secretary
- Charles Jemley, Director
- Douglas B. Hansen Jr., Independent Director
- Marran H. Ogilvie, Independent Director
- Paul E. Szurek, Independent Director
Who owns Four Corners Property Trust stock?
Four Corners Property Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include LS Investment Advisors LLC (0.02%). Company insiders that own Four Corners Property Trust stock include Gerald R Morgan, James L Brat, Marran H Ogilvie, Paul E Szurek and William H Lenehan. View Institutional Ownership Trends for Four Corners Property Trust.
Who bought Four Corners Property Trust stock? Who is buying Four Corners Property Trust stock?
Four Corners Property Trust's stock was acquired by a variety of institutional investors in the last quarter, including LS Investment Advisors LLC. Company insiders that have bought Four Corners Property Trust stock in the last two years include Gerald R Morgan, James L Brat, Marran H Ogilvie, Paul E Szurek and William H Lenehan. View Insider Buying and Selling for Four Corners Property Trust.
How do I buy Four Corners Property Trust stock?
Shares of Four Corners Property Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Four Corners Property Trust's stock price today?
One share of Four Corners Property Trust stock can currently be purchased for approximately $25.07.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Four Corners Property Trust (NYSE:FCPT) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $26.67 (6.37% upside) |
Consensus Price Target History for Four Corners Property Trust (NYSE:FCPT)
Analysts' Ratings History for Four Corners Property Trust (NYSE:FCPT)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/22/2017 | Ladenburg Thalmann Financial Services | Reiterated Rating | Buy | $27.00 -> $28.00 | Low |  |
| 8/15/2017 | Raymond James Financial, Inc. | Upgrade | Market Perform -> Buy | $26.00 | High | |
| 7/18/2017 | Canaccord Genuity | Initiated Coverage | Hold | $26.00 | Low | |
| 11/6/2016 | JMP Securities | Reiterated Rating | Hold | | N/A | |
| 7/12/2016 | Robert W. Baird | Downgrade | Outperform -> Neutral | $20.00 -> $21.00 | N/A | |
(Data available from 10/22/2015 forward)
Earnings History for Four Corners Property Trust (NYSE:FCPT)Earnings History by Quarter for Four Corners Property Trust (NYSE FCPT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/1/2017 | | | | | | | N/A | |
| 8/2/2017 | Q2 2017 | $0.35 | $0.34 | $33.33 million | $33.20 million | View | Listen | |
| 2/22/2017 | Q416 | $0.25 | $0.31 | $29.09 million | $31.27 million | View | N/A | |
| 11/3/2016 | Q316 | $0.33 | $0.34 | $19.53 million | $30.82 million | View | N/A | |
| 8/3/2016 | Q216 | $0.33 | $0.30 | $4.62 million | $30.90 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Four Corners Property Trust (NYSE:FCPT)Current Year EPS Consensus Estimate: $1.03 EPS
Next Year EPS Consensus Estimate: $1.04 EPS
Current Dividend Information for Four Corners Property Trust (NYSE:FCPT)| Most Recent Dividend: | 10/13/2017 |
| Annual Dividend: | $0.97 |
| Dividend Yield: | 3.87% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 71.85% (Trailing 12 Months of Earnings)
94.17% (Based on This Year's Estimates)
93.27% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Four Corners Property Trust (NYSE FCPT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 9/15/2017 | Quarterly | $0.24 | 3.86% | 9/28/2017 | 9/29/2017 | 10/13/2017 |
| 6/15/2017 | quarterly | $0.24 | 3.78% | 6/28/2017 | 6/30/2017 | 7/17/2017 |
| 3/15/2017 | quarterly | $0.24 | 4.54% | 3/29/2017 | 3/31/2017 | 4/17/2017 |
| 12/14/2016 | quarterly | $0.24 | 5.06% | 12/28/2016 | 12/30/2016 | 1/13/2017 |
| 9/14/2016 | quarterly | $0.24 | 4.86% | 9/28/2016 | 9/30/2016 | 10/14/2016 |
| 6/14/2016 | quarterly | $0.24 | 4.83% | 6/28/2016 | 6/30/2016 | 7/15/2016 |
| 3/22/2016 | | $0.24 | | 3/29/2016 | 3/31/2016 | 4/15/2016 |
| 1/11/2016 | special | $8.12 | | 1/14/2016 | 1/19/2016 | 3/2/2016 |
| 1/8/2016 | special | $0.20 | | 1/14/2016 | 1/19/2016 | 1/29/2016 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Four Corners Property Trust (NYSE:FCPT)Insider Ownership Percentage: 0.20%
Institutional Ownership Percentage: 87.80%
Insider Trades by Quarter for Four Corners Property Trust (NYSE:FCPT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/25/2016 | Paul E Szurek | Director | Buy | 1,202 | $19.45 | $23,378.90 | |
| 11/12/2015 | Marran H. Ogilvie | Director | Buy | 4,400 | $20.54 | $90,376.00 | |
| 11/10/2015 | James L. Brat | General Counsel | Buy | 1,750 | $20.00 | $35,000.00 | |
| 11/10/2015 | William H. Lenehan | CEO | Buy | 10,000 | $19.76 | $197,600.00 | |
| 11/9/2015 | Gerald R. Morgan | CFO | Buy | 14,600 | $20.36 | $297,256.00 | |
| 11/9/2015 | Paul E Szurek | Director | Buy | 4,475 | $20.25 | $90,618.75 | |
(Data available from 1/1/2013 forward)
Headline Trends for Four Corners Property Trust (NYSE:FCPT)
Latest Headlines for Four Corners Property Trust (NYSE:FCPT)
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Four Corners Property Trust (FCPT) Chart for Sunday, October, 22, 2017
