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

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Four Corners Property Trust in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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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4 Wall Street analysts have issued 1 year target prices for Four Corners Property Trust's stock. Their FCPT share price forecasts range from $26.00 to $33.00. On average, they predict the company's stock price to reach $29.75 in the next year. This suggests a possible upside of 2.1% from the stock's current price.
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Four Corners Property Trust's stock was trading at $29.41 at the beginning of the year. Since then, FCPT stock has decreased by 1.0% and is now trading at $29.13.
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Four Corners Property Trust saw a decrease in short interest during the month of July. As of July 15th, there was short interest totaling 3,090,000 shares, a decrease of 25.9% from the June 30th total of 4,170,000 shares. Based on an average daily volume of 484,800 shares, the short-interest ratio is currently 6.4 days.
View Four Corners Property Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our FCPT earnings forecast.

Four Corners Property Trust, Inc. (NYSE:FCPT) released its earnings results on Tuesday, July, 26th. The financial services provider reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.12. Four Corners Property Trust had a net margin of 44.68% and a trailing twelve-month return on equity of 10.01%. During the same quarter in the previous year, the company posted $0.38 EPS.

Four Corners Property Trust announced a quarterly dividend on Friday, June 17th. Stockholders of record on Thursday, June 30th will be paid a dividend of $0.3325 per share on Friday, July 15th. This represents a $1.33 annualized dividend and a yield of 4.57%. The ex-dividend date is Wednesday, June 29th.
Read our dividend analysis for FCPT.

Four Corners Property Trust (NYSE:FCPT) pays an annual dividend of $1.33 per share and currently has a dividend yield of 4.57%. 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 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 109.92%. 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 80.12% 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 number of retail and institutional investors. Top institutional shareholders include FMR LLC (9.57%), Victory Capital Management Inc. (5.86%), Principal Financial Group Inc. (1.95%), Northern Trust Corp (1.44%), William Blair Investment Management LLC (1.31%) and Millennium Management LLC (1.01%). Insiders that own company stock include Douglas B Hansen, Gerald R Morgan, James L Brat, 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 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 $29.13.

Four Corners Property Trust (NYSE:FCPT) has a market capitalization of $2.37 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 $1.21 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.