Four Corners Property Trust (FCPT) Stock Price, News & Analysis

Company Overview

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.

Key Stats

• Today's Range: $27.88 to $28.30
• 50-Day Range: $27.39 to $30.62
• 52-Week Range: $22.38 to $30.93
• Volume: 676,702 shs
• Average Volume: 587,385 shs
• Market Capitalization: $2.73 billion
• P/E Ratio: 26.37
• Dividend Yield: 4.89%
• Price Target: $30.50
• Consensus Rating: Moderate Buy

Four Corners Property Trust Stock Analysis - MarketRank™

Four Corners Property Trust scored higher than 74% of companies evaluated by MarketBeat, and ranked 302nd out of 963 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Four Corners Property Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Four Corners Property Trust has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 2.41%

Earnings Growth

Earnings for Four Corners Property Trust are expected to grow by 2.41% in the coming year, from $1.66 to $1.70 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Four Corners Property Trust is 26.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.60.

Price to Earnings Ratio vs. Sector

The P/E ratio of Four Corners Property Trust is 26.37, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 26.10.

Price to Book Value per Share Ratio

Four Corners Property Trust has a P/B Ratio of 2.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.86% of the outstanding shares of Four Corners Property Trust have been sold short.

Short Interest Ratio / Days to Cover

Four Corners Property Trust has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in Four Corners Property Trust has recently increased by 0.73%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Four Corners Property Trust is a leading dividend payer. It pays a dividend yield of 4.89%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Four Corners Property Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Four Corners Property Trust is 128.97%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Four Corners Property Trust will have a dividend payout ratio of 81.18% in the coming year. This indicates that Four Corners Property Trust may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 1.9 / 5
• Environmental Score: -6.60

Percentage of Shares Shorted

2.86% of the outstanding shares of Four Corners Property Trust have been sold short.

Short Interest Ratio / Days to Cover

Four Corners Property Trust has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in Four Corners Property Trust has recently increased by 0.73%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.27

News Sentiment

Four Corners Property Trust has a news sentiment score of 1.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Four Corners Property Trust this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for FCPT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Four Corners Property Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Four Corners Property Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.20% of the stock of Four Corners Property Trust is held by insiders.

Percentage Held by Institutions

98.66% of the stock of Four Corners Property Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FCPT Stock Analysis - Frequently Asked Questions

How have FCPT shares performed this year?

Four Corners Property Trust's stock was trading at $25.30 at the beginning of the year. Since then, FCPT shares have increased by 11.5% and is now trading at $28.22.
View the best growth stocks for 2024 here.

How were Four Corners Property Trust's earnings last quarter?

Four Corners Property Trust, Inc. (NYSE:FCPT) released its quarterly earnings data on Wednesday, October, 30th. The financial services provider reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.41 by $0.14. The business's revenue for the quarter was up 3.0% on a year-over-year basis.

Who are Four Corners Property Trust's major shareholders?

Four Corners Property Trust's top institutional shareholders include FMR LLC (14.40%), State Street Corp (5.53%), Victory Capital Management Inc. (4.75%) and Geode Capital Management LLC (2.44%). Insiders that own company stock include William H Lenehan, John S Moody and Douglas B Hansen.
View institutional ownership trends.

How do I buy shares of Four Corners Property Trust?

Shares of FCPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Four Corners Property Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Four Corners Property Trust investors own include American Water Works (AWK), Waste Connections (WCN), Triple Flag Precious Metals (TFPM), AUO (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR) and Voyager Therapeutics (VYGR).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 9/30/2024
• Dividend Payable: 10/15/2024
• Last Earnings: 10/30/2024
• Today: 11/17/2024
• Ex-Dividend for 1/15 Dividend: 12/31/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/15/2025
• Next Earnings (Estimated): 2/12/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:FCPT
• CUSIP: N/A
• CIK: 1650132
• Web: www.fcpt.com
• Phone: (415) 965-8030
• Fax: N/A
• Employees: 516
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $30.50
• High Stock Price Target: $33.00
• Low Stock Price Target: $28.00
• Potential Upside/Downside: +8.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.07
• Trailing P/E Ratio: 26.37
• Forward P/E Ratio: 17.00
• P/E Growth: N/A
• Net Income: $95.34 million
• Net Margins: 37.27%
• Pretax Margin: 37.42%
• Return on Equity: 7.68%
• Return on Assets: 3.96%

Debt

• Debt-to-Equity Ratio: 0.38
• Current Ratio: 0.17
• Quick Ratio: 0.17

Sales & Book Value

• Annual Sales: $250.61 million
• Price / Sales: 10.89
• Cash Flow: $1.62 per share
• Price / Cash Flow: 17.37
• Book Value: $14.01 per share
• Price / Book: 2.01

Miscellaneous

• Outstanding Shares: 96,730,000
• Free Float: 95,573,000
• Market Cap: $2.73 billion
• Optionable: Optionable
• Beta: 1.11