Four Corners Property Trust, Inc. (FCPT)
| Market Cap | 2.30B |
| Revenue (ttm) | 257.14M |
| Net Income (ttm) | 96.26M |
| Shares Out | 91.99M |
| EPS (ttm) | 1.07 |
| PE Ratio | 23.32 |
| Forward PE | 22.24 |
| Dividend | $1.38 (5.53%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 320,503 |
| Open | 24.83 |
| Previous Close | 24.64 |
| Day's Range | 24.73 - 24.97 |
| 52-Week Range | 20.51 - 27.60 |
| Beta | 1.02 |
| Analysts | Buy |
| Price Target | 26.50 (+6.21%) |
| Earnings Date | May 1, 2024 |
About FCPT
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. [Read more]
Financial Performance
In 2023, FCPT's revenue was $250.61 million, an increase of 12.28% compared to the previous year's $223.19 million. Earnings were $95.34 million, a decrease of -2.49%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for FCPT stock is "Buy." The 12-month stock price forecast is $26.5, which is an increase of 6.21% from the latest price.
News
FCPT Announces First Quarter 2024 Financial and Operating Results
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc. (“FCPT” or the “Company”, NYSE: FCPT) today announced financial results for the three months ended March 31, 2024. Management Co...
FCPT Announces Acquisition of a Patient First Urgent Care Property for $6.6 Million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant ...
FCPT Announces Acquisition of a Banfield Pet Hospital for $2.4 Million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant ...
FCPT to Report First Quarter 2024 Financial Results
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE: FCPT), a real estate investment trust (REIT) primarily engaged in the ownership and acquisition of high-quality, net-leased res...
FCPT Announces Acquisition of a Heartland Dental Property for $2.0 million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant ...
FCPT Announces New $85 Million Term Loan Under Existing Credit Facility
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant ...
FCPT Declares First Quarter 2024 Dividend
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc. (NYSE: FCPT) today announced that its Board of Directors declared a quarterly cash dividend of $0.3450 per share (equivalent to ...
FCPT Announces CFO Transition; Gerry Morgan to Retire as CFO and Patrick Wernig Named as Successor
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant and retail prope...
FCPT Announces Fourth Quarter 2023 Financial and Operating Results
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc. (“FCPT” or the “Company”, NYSE: FCPT) today announced financial results for the three months and twelve months ended December 31...
FCPT Announces Acquisition of a Baptist Medical Group Primary Care Property for $9.7 Million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant ...
FCPT Announces Tax Treatment of 2023 Distributions
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc. (NYSE: FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased rest...
FCPT to Report Fourth Quarter 2023 Financial Results
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE: FCPT), a real estate investment trust (REIT) primarily engaged in the ownership and acquisition of high-quality, net-leased res...
FCPT Announces Acquisition of Two Oak Street Health Properties for $4.2 Million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant ...
FCPT Announces Sale-Leaseback of a Tire Discounters Property for $1.8 Million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant ...
FCPT Announces Acquisition of Two Popeyes Properties for $4.7 Million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant ...
FCPT Announces Sale-Leaseback of a Tire Discounters Property for $1.7 Million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant ...
FCPT Announces Fourth Quarter 2023 Dividend
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc. (NYSE: FCPT) today announced that its Board of Directors declared a quarterly cash dividend of $0.3450 per share (equivalent to ...
FCPT Announces Acquisition of a Taco Bell Property for $2.2 Million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant ...
FCPT Announces Third Quarter 2023 Financial and Operating Results
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc. (“FCPT” or the “Company”, NYSE: FCPT) today announced financial results for the three months and nine months ended September 30,...
FCPT Announces Acquisition of an Oak Street Health Property for $2.4 Million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant ...
FCPT to Report Third Quarter 2023 Financial Results
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE: FCPT), a real estate investment trust (REIT) primarily engaged in the ownership and acquisition of high-quality, net-leased res...
FCPT Announces Disposition of a Red Lobster Property for $3.8 million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant ...
FCPT Announces Disposition of a Red Lobster Property for $5.3 Million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant ...
FCPT Declares Third Quarter 2023 Dividend
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc. (NYSE: FCPT) today announced that its Board of Directors declared a quarterly cash dividend of $0.34 per share (equivalent to $1...
FCPT Announces Disposition of a Red Lobster Property for $5.9 Million
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant ...