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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Four Corners Property Trust in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FCPT shares.
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2 analysts have issued twelve-month target prices for Four Corners Property Trust's stock. Their FCPT share price targets range from $25.00 to $28.00. On average, they expect the company's share price to reach $26.33 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price.
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Four Corners Property Trust's stock was trading at $25.30 at the beginning of 2024. Since then, FCPT stock has decreased by 10.5% and is now trading at $22.65.
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Four Corners Property Trust saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 2,480,000 shares, a decline of 8.5% from the February 29th total of 2,710,000 shares. Based on an average daily volume of 531,600 shares, the days-to-cover ratio is currently 4.7 days.
View Four Corners Property Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our FCPT earnings forecast.

Four Corners Property Trust will be holding an earnings conference call on Thursday, May 2nd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "291808".

Four Corners Property Trust, Inc. (NYSE:FCPT) announced its earnings results on Thursday, February, 15th. The financial services provider reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.13. The financial services provider earned $65.14 million during the quarter, compared to analyst estimates of $65.23 million. Four Corners Property Trust had a trailing twelve-month return on equity of 7.78% and a net margin of 38.04%. The business's revenue was up 13.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.41 EPS.

Four Corners Property Trust announced a quarterly dividend on Monday, March 11th. Investors of record on Thursday, March 28th will be given a dividend of $0.345 per share on Monday, April 15th. This represents a $1.38 annualized dividend and a yield of 6.09%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for FCPT.

Four Corners Property Trust (NYSE:FCPT) pays an annual dividend of $1.38 per share and currently has a dividend yield of 6.07%. 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 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 127.78%. 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 82.14% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for FCPT.

ETFs with the largest weight of Four Corners Property Trust (NYSE:FCPT) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), U.S. Diversified Real Estate ETF (PPTY), Invesco KBW Premium Yield Equity REIT ETF (KBWY), Invesco S&P SmallCap Low Volatility ETF (XSLV), First Trust Multi-Asset Diversified Income Index Fund (MDIV), Invesco S&P SmallCap Financials ETF (PSCF) and Fidelity Real Estate Investment ETF (FPRO).SPDR S&P 600 Small Cap ETF (SLY).

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's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Rye Brook Capital LLC (0.46%), Allspring Global Investments Holdings LLC (0.05%), Pensionfund DSM Netherlands (0.04%) and Pensionfund Sabic (0.02%). Insiders that own company stock include Douglas B Hansen, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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