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: $1.52923 billion
- Outstanding Shares: 61,193,000
Average Prices:- 50 Day Moving Avg: $24.94
- 200 Day Moving Avg: $23.54
- 52 Week Range: $16.71 - $25.94
P/E:- Trailing P/E Ratio: 18.44
- Foreward P/E Ratio: 17.35
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $127.93 million
- Price / Sales: 11.95
- Book Value: $8.18 per share
- Price / Book: 3.06
Dividend:- Annual Dividend: $0.97
- Dividend Yield: 3.9%
Profitability:- EBIDTA: $98.64 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: 325,928 shs.
- Beta: 0.15
- 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 Thursday, June 15th. Shareholders of record on Friday, June 30th will be given a dividend of $0.2425 per share on Monday, July 17th. This represents a $0.97 annualized dividend and a yield of 3.88%. The ex-dividend date is Wednesday, June 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) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.35 by $0.01. The company had revenue of $33.20 million for the quarter, compared to analysts' expectations of $33.33 million. Four Corners Property Trust had a return on equity of 17.21% and a net margin of 63.74%. The company's quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.33 EPS. 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 analysts have issued 12 month target prices for Four Corners Property Trust's shares. Their predictions range from $26.00 to $27.00. On average, they anticipate Four Corners Property Trust's stock price to reach $26.33 in the next year. 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 Retail Properties of America (RPAI), Urban Edge Properties (UE), Acadia Realty Trust (AKR), Tanger Factory Outlet Centers (SKT), Retail Opportunity Investments Corp. (ROIC), American Assets Trust (AAT), 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 investors include BlackRock Inc. (14.46%), Vanguard Group Inc. (12.57%), FMR LLC (5.14%), Prudential Financial Inc. (2.92%), State Street Corp (2.85%) and Teachers Advisors LLC (2.00%). 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 sold Four Corners Property Trust stock? Who is selling Four Corners Property Trust stock?
Four Corners Property Trust's stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Adelante Capital Management LLC, JPMorgan Chase & Co., Prudential Financial Inc., Ameriprise Financial Inc., Virginia Retirement Systems ET AL, Lyon Street Capital LLC and Bank of New York Mellon Corp. View Insider Buying and Selling 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 FMR LLC, Vanguard Group Inc., Russell Investments Group Ltd., Old Mutual Global Investors UK Ltd., Balyasny Asset Management LLC, State Street Corp, BlackRock Inc. and Employees Retirement System of Texas. 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 $24.99.
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: | $26.33 (5.38% upside) |
Analysts' Ratings History for Four Corners Property Trust (NYSE:FCPT)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/16/2017 | Ladenburg Thalmann Financial Services | Reiterated Rating | Buy | $24.00 -> $27.00 | Medium |  |
| 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 8/21/2015 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: $1.37 EPS
Next Year EPS Consensus Estimate: $1.44 EPS
Current Dividend Information for Four Corners Property Trust (NYSE:FCPT)| Most Recent Dividend: | 7/17/2017 |
| Annual Dividend: | $0.97 |
| Dividend Yield: | 3.88% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 71.85% (Trailing 12 Months of Earnings)
70.80% (Based on This Year's Estimates)
67.36% (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 |
|---|
| 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: 85.86%
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)
| Source: |
|
| Date | Headline |
|---|
 | See what the IHS Markit Score report has to say about Four Corners Property Trust Inc.
finance.yahoo.com - August 18 at 6:31 PM |
| Four Corners Property Trust, Inc. breached its 50 day moving average in a Bullish Manner : FCPT-US : August 17, 2017
finance.yahoo.com - August 17 at 7:56 PM |
 | Four Corners Property Trust, Inc. (FCPT) Expected to Post Quarterly Sales of $33.64 Million
www.americanbankingnews.com - August 16 at 1:30 AM |
| Four Corners Property Trust, Inc. (FCPT) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - August 15 at 11:10 PM |
| Four Corners Property Trust, Inc. (FCPT) Raised to Outperform at UBS AG
www.americanbankingnews.com - August 15 at 8:34 PM |
| Raymond James Financial, Inc. Upgrades Four Corners Property Trust, Inc. (FCPT) to Buy
www.americanbankingnews.com - August 15 at 6:40 PM |
| Four Corners Property Trust, Inc. (FCPT) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - August 15 at 12:12 PM |
| Four Corners Property Trust, Inc. (NYSE:FCPT) Downgraded by BidaskClub
www.americanbankingnews.com - August 6 at 11:20 AM |
| Edited Transcript of FCPT earnings conference call or presentation 3-Aug-17 3:00pm GMT
finance.yahoo.com - August 4 at 1:43 AM |
| Four Corners Property Trust, Inc. (NYSE:FCPT) Issues Quarterly Earnings Results
www.americanbankingnews.com - August 3 at 6:24 PM |
| Four Corners Property Trust, Inc. breached its 50 day moving average in a Bearish Manner : FCPT-US : August 3, 2017
finance.yahoo.com - August 3 at 3:40 PM |
| Four Corners Property reports 2Q results
finance.yahoo.com - August 3 at 12:29 AM |
 | Four Corners Property Trust (FCPT) Misses Q2 FFO by 1c
www.streetinsider.com - August 2 at 7:29 PM |
| FCPT Announces Second Quarter 2017 Earnings
finance.yahoo.com - August 2 at 7:29 PM |
| Zacks: Four Corners Property Trust, Inc. (NYSE:FCPT) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - July 31 at 9:41 AM |
| Critical Analysis: Four Corners Property Trust (NYSE:FCPT) vs. American Assets Trust (AAT)
www.americanbankingnews.com - July 31 at 9:32 AM |
| Four Corners Property Trust, Inc. (FCPT) Expected to Announce Quarterly Sales of $33.24 Million
www.americanbankingnews.com - July 29 at 7:27 AM |
| FCPT Announces Acquisition of 2 Taco Bell Restaurant Properties for $3.4 million
finance.yahoo.com - July 26 at 7:08 PM |
| Comparing Saul Centers (BFS) and Four Corners Property Trust (NYSE:FCPT)
www.americanbankingnews.com - July 25 at 8:42 AM |
| Contrasting Urban Edge Properties (UE) & Four Corners Property Trust (FCPT)
www.americanbankingnews.com - July 23 at 7:50 AM |
| Four Corners Property Trust, Inc. (NYSE:FCPT) Now Covered by Analysts at Canaccord Genuity
www.americanbankingnews.com - July 18 at 10:04 AM |
| FCPT to Report Second Quarter 2017 Financial Results
finance.yahoo.com - July 11 at 7:44 PM |
| Four Corners Property Trust, Inc. (NYSE:FCPT) Expected to Announce Quarterly Sales of $33.24 Million
www.americanbankingnews.com - July 5 at 10:47 AM |
| Brokerages Anticipate Four Corners Property Trust Inc (NYSE:FCPT) Will Post Earnings of $0.35 Per Share
www.americanbankingnews.com - July 3 at 12:32 PM |
| Four Corners Property Trust, Inc. (NYSE:FCPT) Sees Significant Growth in Short Interest
www.americanbankingnews.com - July 3 at 7:22 AM |
 | BRIEF-FCPT announces acquisition of 7 Burger King Restaurant properties
www.reuters.com - July 1 at 4:53 AM |
| FCPT Announces Acquisition of 7 Burger King Restaurant Properties for $16.0 Million
finance.yahoo.com - June 30 at 6:50 PM |
| Four Corners Property Trust (FCPT) Appoints Charles Jemley to the Board
www.streetinsider.com - June 30 at 1:09 AM |
| FCPT Elects Charles Jemley to Board of Directors
finance.yahoo.com - June 29 at 8:08 PM |
| Four Corners Property Trust, Inc. (FCPT) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 22 at 7:24 PM |
| Four Corners Property Trust, Inc. (FCPT) Plans $0.24 Quarterly Dividend
www.americanbankingnews.com - June 15 at 4:56 PM |
| FCPT Declares Second Quarter 2017 Dividend
finance.yahoo.com - June 14 at 6:21 PM |
| Analysts Expect Four Corners Property Trust Inc (FCPT) Will Announce Quarterly Sales of $33.04 Million
www.americanbankingnews.com - June 9 at 2:54 PM |
| Zacks: Brokerages Anticipate Four Corners Property Trust Inc (FCPT) Will Announce Earnings of $0.34 Per Share
www.americanbankingnews.com - June 7 at 10:12 AM |
| Four Corners Property Trust, Inc. breached its 50 day moving average in a Bullish Manner : FCPT-US : May 17, 2017
finance.yahoo.com - May 17 at 10:45 AM |
| Zacks: Analysts Expect Four Corners Property Trust Inc (FCPT) Will Post Quarterly Sales of $32.99 Million
www.americanbankingnews.com - May 13 at 8:22 AM |
| Four Corners Property Trust Inc (FCPT) Expected to Announce Earnings of $0.34 Per Share
www.americanbankingnews.com - May 11 at 2:14 PM |
| Zacks Investment Research Lowers Four Corners Property Trust Inc (FCPT) to Sell
www.americanbankingnews.com - May 9 at 7:30 PM |
| Four Corners Property Trust, Inc. breached its 50 day moving average in a Bearish Manner : FCPT-US : May 5, 2017
finance.yahoo.com - May 5 at 5:22 PM |
| Edited Transcript of FCPT earnings conference call or presentation 4-May-17 3:00pm GMT
finance.yahoo.com - May 5 at 5:22 PM |
| Four Corners Property Trust (FCPT) Receiving Positive Media Coverage, Report Finds
www.americanbankingnews.com - May 4 at 9:22 AM |
 | Four Corners Property Trust, Inc. Announces First Quarter 2017 Earnings
www.businesswire.com - May 3 at 8:03 PM |
| FCPT Announces Acquisition of 16 Bob Evans Restaurant Properties for $35.1 Million
finance.yahoo.com - May 1 at 4:59 PM |
| FCPT Announces Acquisition of 16 Bob Evans Restaurant Properties for $35.1 Million
finance.yahoo.com - May 1 at 4:59 PM |
| Four Corners Property Trust (FCPT) Earning Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 29 at 2:51 PM |
| Four Corners Property Trust (FCPT) Given Daily Media Impact Score of 0.37
www.americanbankingnews.com - April 25 at 2:11 PM |
| $32.6 Million in Sales Expected for Four Corners Property Trust Inc (FCPT) This Quarter
www.americanbankingnews.com - April 22 at 8:10 AM |
| Four Corners Property Trust (FCPT) Earns Daily News Sentiment Rating of 0.33
www.americanbankingnews.com - April 21 at 4:00 PM |
| Zacks: Analysts Expect Four Corners Property Trust Inc (FCPT) to Announce $0.34 EPS
www.americanbankingnews.com - April 20 at 6:04 PM |
| FCPT Announces $125 Million Private Notes Placement
finance.yahoo.com - April 20 at 12:29 PM |
Four Corners Property Trust (FCPT) Chart for Monday, August, 21, 2017
