Four Corners Property Trust, Inc. (FCPT)

NYSE: FCPT · IEX Real-Time Price · USD
24.47
+0.21 (0.87%)
Mar 28, 2024, 4:00 PM EDT - Market closed
0.87%
Market Cap 2.25B
Revenue (ttm) 250.61M
Net Income (ttm) 95.34M
Shares Out 91.99M
EPS (ttm) 1.07
PE Ratio 22.87
Forward PE 21.74
Dividend $1.38 (5.64%)
Ex-Dividend Date Mar 27, 2024
Volume 472,042
Open 24.33
Previous Close 24.26
Day's Range 24.33 - 24.51
52-Week Range 20.51 - 27.60
Beta 1.01
Analysts Buy
Price Target 26.50 (+8.3%)
Earnings Date Apr 29, 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]

Industry REIT - Retail
Sector Real Estate
CEO William Howard Lenehan IV
Employees 516
Stock Exchange NYSE
Ticker Symbol FCPT
Full Company Profile

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 Statements

Analyst 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 8.30% from the latest price.

Price Target
$26.5
(8.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

2 days ago - Business Wire

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 ...

14 days ago - Business Wire

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 ...

17 days ago - Business Wire

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...

21 days ago - Business Wire

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...

6 weeks ago - Business Wire

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 ...

6 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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 ...

3 months ago - Business Wire

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 ...

3 months ago - Business Wire

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 ...

3 months ago - Business Wire

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 ...

4 months ago - Business Wire

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 ...

5 months ago - Business Wire

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,...

5 months ago - Business Wire

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 ...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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 ...

6 months ago - Business Wire

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 ...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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 ...

7 months ago - Business Wire

FCPT Announces Acquisition of a Three Property Developer Portfolio for $5.2 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 ...

7 months ago - Business Wire

FCPT Announces Sale-Leaseback of Four Tire Discounters Properties for $9.1 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 ...

8 months ago - Business Wire

FCPT Announces Second Quarter 2023 Financial and Operating Results

MILL VALLEY, Calif.--(BUSINESS WIRE)--FCPT Announces Second Quarter 2023 Financial and Operating Results.

8 months ago - Business Wire

FCPT Announces Acquisition of a Covenant Health Emergency Room for $8.7 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 ...

8 months ago - Business Wire