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Four Corners Property TrustNYSE: FCPT

Profile

Industry:

Retail

Country:

United States

IPO:

10 November 2015

Next earnings report:

14 February 2025

Last dividends:

30 September 2024

Next dividends:

31 December 2024
$2.83 B
-5%vs. 3y high
65%vs. sector
-5%vs. 3y high
47%vs. sector
-20%vs. 3y high
75%vs. sector
-11%vs. 3y high
89%vs. sector

Price

pre-market | 44 min ago
$29.28+$0.45(+1.56%)
$66.79 M$66.41 M
$66.79 M$25.58 M

Analysts recommendations

Institutional Ownership

FCPT Latest News

Four Corners Is Overvalued Relative To Peers
seekingalpha.com21 November 2024 Sentiment: NEUTRAL

Four Corners Property Trust is a well-managed restaurant REIT with strong historical growth, but its current valuation at 16X forward multiple seems driven by market extrapolation. The restaurant industry's tailwinds are turning into headwinds, potentially impacting FCPT's growth and rent collection, despite its robust tenant roster and conservative lease rates. FCPT's debt is well-managed, but rising interest rates could increase interest expenses, slightly dragging on AFFO/share in the coming years.

Four Corners Boosts Portfolio With Acquisition of Multiple Properties
zacks.com20 November 2024 Sentiment: POSITIVE

FCPT announces the acquisition of a Raising Cane's property, a Dollar General property and a Jiffy Lube property for $6.6 million.

FCPT Announces Acquisition of a Raising Cane's Property, a Dollar General Property, and a Jiffy Lube Property for $6.6 Million
businesswire.com19 November 2024 Sentiment: POSITIVE

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 and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Raising Cane's property, a Dollar General property, and a Jiffy Lube property for $6.6 million. The properties are located in strong retail corridors in Texas and Florida under long term, triple net leases.

FCPT Declares Fourth Quarter 2024 Dividend
businesswire.com11 November 2024 Sentiment: POSITIVE

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 $0.3550 per share (equivalent to $1.42 per share per annum) for the fourth quarter of 2024. This represents a 2.9% increase from the prior quarter. The dividend is payable on January 15, 2025, to shareholders of record as of December 31, 2024. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust pri.

FCPT Announces Acquisition of a Miller's Ale House Property for $3.8 Million
businesswire.com01 November 2024 Sentiment: POSITIVE

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 and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Miller's Ale House property for $3.8 million. The property is located in a strong retail corridor in Georgia and is corporate-operated under a long term, net lease with approximately 11 years of term remain.

FCPT Announces Acquisition of Three Christian Brothers Automotive Properties for $9.6 Million
businesswire.com31 October 2024 Sentiment: POSITIVE

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 and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of three Christian Brothers Automotive properties for $9.6 million. Christian Brothers Automotive is an auto repair business with over 250 locations across 30 states, known for its customer-first approach and co.

Four Corners Property Trust, Inc. (FCPT) Q3 2024 Earnings Call Transcript
seekingalpha.com31 October 2024 Sentiment: POSITIVE

Four Corners Property Trust, Inc. (NYSE:FCPT ) Q3 2024 Results Conference Call October 31, 2024 11:00 AM ET Company Participants Patrick Wernig - Manager, Investor Relations William Lenehan - Chief Executive Officer Joshua Zhang - Director, Acquisitions Conference Call Participants Anthony Paolone - JPMorgan John Kilichowski - Wells Fargo Mitch Germain - Citizens JMP Wesley Golladay - Baird Jim Kammert - Evercore Sean Hostert - Net Lease Observer Operator Good morning all and thank you for joining us for the FCPT Third Quarter 2024 Financial Results Conference Call. My name is Carly.

Four Corners Property Trust (FCPT) Meets Q3 FFO Estimates
zacks.com30 October 2024 Sentiment: POSITIVE

Four Corners Property Trust (FCPT) came out with quarterly funds from operations (FFO) of $0.43 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.42 per share a year ago.

FCPT Announces Acquisition of a Tires Plus Property for $2.1 Million
businesswire.com11 October 2024 Sentiment: POSITIVE

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 and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Tires Plus property for $2.1 million. The property is located in a strong retail corridor in Georgia and is corporate-operated under a long-term triple net lease. The transaction was priced at a cap rate in.

FCPT to Report Third Quarter 2024 Financial Results
businesswire.com04 October 2024 Sentiment: POSITIVE

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 restaurant and retail properties (“FCPT” or the “Company”), announced today that it will release financial results for the three and nine months ended September 30, 2024, after the market close on Wednesday, October 30, 2024. A conference call and audio webcast with analysts and investors will be held.

What type of business is Four Corners Property Trust?

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.

What sector is Four Corners Property Trust in?

Four Corners Property Trust is in the Real Estate sector

What industry is Four Corners Property Trust in?

Four Corners Property Trust is in the Retail industry

What country is Four Corners Property Trust from?

Four Corners Property Trust is headquartered in United States

When did Four Corners Property Trust go public?

Four Corners Property Trust initial public offering (IPO) was on 10 November 2015

What is Four Corners Property Trust website?

https://www.fcpt.com

Is Four Corners Property Trust in the S&P 500?

No, Four Corners Property Trust is not included in the S&P 500 index

Is Four Corners Property Trust in the NASDAQ 100?

No, Four Corners Property Trust is not included in the NASDAQ 100 index

Is Four Corners Property Trust in the Dow Jones?

No, Four Corners Property Trust is not included in the Dow Jones index

When was Four Corners Property Trust the previous earnings report?

No data

When does Four Corners Property Trust earnings report?

The next expected earnings date for Four Corners Property Trust is 14 February 2025