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FCPT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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High
25.250
Open
25.190
VWAP
25.02
Vol
269.11K
Mkt Cap
2.26B
Low
24.910
Amount
6.73M
EV/EBITDA(TTM)
25.93
Total Shares
--
EV
3.94B
EV/OCF(TTM)
23.42
P/S(TTM)
9.63
Four Corners Property Trust, Inc. is a real estate investment trust (REIT), which owns, acquires and leases properties for use in the restaurant and retail industries. The Company's segments are real estate operations and restaurant operations. Its real estate operations segment consists of rental revenues primarily generated by leasing restaurant properties to tenants through net lease arrangements under which the tenant is primarily responsible for ongoing costs relating to the properties. Its restaurant operations segment is conducted through a taxable REIT subsidiary and consists of its Kerrow Restaurant Operating Business. The Kerrow Restaurant Operating Business consists of seven LongHorn Steakhouse restaurants located in the San Antonio, Texas area. Its properties are located in Florida, Texas, Georgia, Ohio, Illinois, Indiana, Michigan, Pennsylvania, Wisconsin, Alabama, Minnesota, Arkansas, Louisiana, New York, Arizona, Nevada, Mississippi, and Colorado, among others.
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Events Timeline

(ET)
2026-06-11
19:00:00
Four Corners Property Trust Acquires Tires Plus Property for $1.7 Million
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2026-05-31 (ET)
2026-05-31
21:20:00
Berkshire Hathaway to Acquire Taylor Morrison for $72.50 per Share
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2026-05-31
09:20:00
Four Corners Property Trust Acquires Pet Health Properties for Up to $268M
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2026-05-29 (ET)
2026-05-29
06:20:00
Four Corners Property Trust Exchanges Assets with Darden Restaurants
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2026-04-29 (ET)
2026-04-29
16:20:00
FCPT Reports Q1 Revenue of $78.166M, Beating Consensus
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2026-04-10 (ET)
2026-04-10
17:50:00
Four Corners Property Trust Acquires National Veterinary Associates Property for $4.4M
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2026-04-01 (ET)
2026-04-01
17:50:00
Four Corners Property Trust Acquires Chili's Property for $2.3M
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News

Newsfilter
8.5
06-11Newsfilter
Four Corners Property Trust Acquires Tires Plus Property for $1.7 Million
  • Acquisition Overview: Four Corners Property Trust has acquired a Tires Plus property for $1.7 million, located in a strong retail corridor in Minnesota, indicating the company's proactive strategy in acquiring high-quality assets.
  • Lease Terms Advantage: The property is corporate-operated under a triple net lease with approximately five years remaining, providing the company with stable cash flow and long-term revenue assurance.
  • Cap Rate Analysis: The transaction was priced at a 6.9% cap rate, reflecting the company's effective pricing strategy on rental income, which helps enhance investment returns and strengthen market competitiveness.
  • Company Strategic Goals: FCPT aims to expand its portfolio by acquiring more restaurant and retail properties, and this acquisition further solidifies its market position in the sector, aligning with its long-term growth strategy.
seekingalpha
8.0
06-09seekingalpha
FCPT Declares Monthly Dividend of $0.1222 per Share
  • Monthly Dividend Announcement: Four Corners Property Trust has declared a monthly dividend of $0.1222 per share, with a forward yield of 5.99%, which is likely to attract investors seeking stable cash flow and enhance the company's appeal in the REIT market.
  • Shareholder Record Dates: The first dividend payment will be made on August 17 for shareholders of record as of July 31, with subsequent payments scheduled for September 15 and October 15, ensuring timely returns for shareholders.
  • Future Dividend Plans: The Board has approved the initiation of monthly cash dividends starting in the third quarter of 2026, with total payments expected to match current quarterly amounts, indicating confidence in future cash flows and stability.
  • Dividend Growth Potential: FCPT's dividend growth strategy and stable payout policy may enhance investor confidence in the long term, potentially attracting more capital inflow to support the company's expansion and development.
Newsfilter
8.5
06-05Newsfilter
Four Corners Property Trust Acquires 14 Properties for $26 Million
  • Acquisition Overview: Four Corners Property Trust has acquired 14 Sun Auto Tire & Service properties for $26 million, located in Missouri (8), Arkansas (4), and Illinois (2), demonstrating the company's ongoing expansion in the high-quality net lease market.
  • Property Quality and Lease Structure: The acquired properties are corporate-operated and secured by long-term triple net leases, which not only ensure stable cash flow but also enhance FCPT's market position in the retail and restaurant sectors.
  • Market Positioning Advantage: These properties are situated in strong retail corridors, indicating FCPT's focus on geographic superiority when selecting investment targets, thereby increasing future appreciation potential and rental income.
  • Cap Rate Consistency: The cap rate for this transaction aligns with previous FCPT transactions, reflecting the company's pricing power in the market and the effectiveness of its investment strategy, further solidifying its competitive advantage as a real estate investment trust.
seekingalpha
8.5
06-05seekingalpha
FCPT Acquires 14 Sun Auto Tire Properties for $26M
  • Acquisition Overview: Four Corners Property Trust (FCPT) announced on Friday the acquisition of 14 Sun Auto Tire & Service properties for $26 million, located in Missouri, Arkansas, and Illinois, reflecting the company's ongoing efforts to diversify its investment portfolio.
  • Long-Term Lease Benefits: The properties operate under long-term triple-net leases, ensuring stable cash flow and reducing operational risks, thereby enhancing FCPT's financial stability and investment appeal.
  • Capitalization Rate Consistency: The capitalization rate for this transaction aligns with FCPT's previous acquisitions, indicating the company's continued prudence in asset valuation and investment decisions, further solidifying its reputation in the real estate investment trust sector.
  • Future Financing Plans: FCPT plans to deploy a $200 million term loan in Q3, targeting a 5.4x run-rate leverage, a strategy that will provide funding support for the company's future expansion and investment initiatives.
Newsfilter
8.5
05-30Newsfilter
Four Corners Property Trust Acquires Veterinary Assets
  • Acquisition Agreement Signed: Four Corners Property Trust has signed a definitive agreement to acquire up to 102 Mission Pet Health veterinary properties for up to $268 million, expected to close in early Q3 2026, which will enhance its market position in the veterinary sector.
  • Leasing Structure Advantage: The majority of the acquired properties are under two triple net master leases with approximately 10 years remaining and average annual rent escalations exceeding 2%, providing FCPT with stable cash flow and reduced investment risk.
  • Significant Financial Impact: Post-transaction, Mission Pet Health will comprise about 6% of the company's cash rent, becoming its third-largest brand, while the overall exposure to medical retail will increase to approximately 16%, aiding FCPT in achieving business diversification.
  • Management Confidence: FCPT CEO Bill Lenehan stated that this acquisition represents a unique opportunity to expand and diversify the portfolio, emphasizing the strategic importance of long-term leases and strong rental growth.
Newsfilter
2.0
05-29Newsfilter
Four Corners Property Trust Completes Asset Exchange with Darden Restaurants
  • Asset Exchange Transaction: Four Corners Property Trust has completed an asset exchange agreement with Darden Restaurants, transferring a Bahama Breeze property in Michigan to Darden while acquiring an Olive Garden property in Nevada, demonstrating the company's strategic flexibility in high-quality restaurant property investments.
  • Consistent Lease Terms: As part of the transaction, FCPT entered into a new lease for the Olive Garden property with the same rent and terms as the former Bahama Breeze lease, ensuring stability and predictability in cash flow for the company.
  • Equitable Market Value: The transaction was structured as a cashless asset exchange, with both parties agreeing that the
Wall Street analysts forecast FCPT stock price to rise
4 Analyst Rating
Wall Street analysts forecast FCPT stock price to rise
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
29.00
Averages
29.75
High
30.00
Current: 0.000
sliders
Low
29.00
Averages
29.75
High
30.00
Barclays
Richard Hightower
Equal Weight
maintain
$28 -> $30
AI Analysis
2026-04-21
Reason
Barclays
Richard Hightower
Price Target
$28 -> $30
AI Analysis
2026-04-21
maintain
Equal Weight
Reason
Barclays analyst Richard Hightower raised the firm's price target on Four Corners Property Trust to $30 from $28 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the net lease real estate investment trust group as part of a Q1 preview. It seems to be a "Goldilocks" environment for much of net lease right now, the analyst tells investors in a research note. Barclays expects issuance announcements and several acquisition volume guidance increases.
BMO Capital
Market Perform
initiated
$27
2026-04-17
Reason
BMO Capital
Price Target
$27
2026-04-17
initiated
Market Perform
Reason
BMO Capital initiated coverage of Four Corners Property Trust with a Market Perform rating and $27 price target. The firm views the stock's current valuation as fair. The company's earnings growth is solid but inline with peers, the analyst tells investors in a research note.
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Valuation Metrics

The current forward P/E ratio for Four Corners Property Trust Inc (FCPT.N) is 24.90, compared to its 5-year average forward P/E of 23.93. For a more detailed relative valuation and DCF analysis to assess Four Corners Property Trust Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
23.93
Current PE
24.90
Overvalued PE
25.54
Undervalued PE
22.33

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
17.01
Current EV/EBITDA
16.79
Overvalued EV/EBITDA
18.12
Undervalued EV/EBITDA
15.90

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
9.19
Current PS
9.44
Overvalued PS
10.01
Undervalued PS
8.37

Financials

AI Analysis
Annual
Quarterly

Whales Holding FCPT

H
Heitman Real Estate Securities LLC
Holding
FCPT
+8.35%
3M Return

Trading Trends

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Frequently Asked Questions

What is Four Corners Property Trust Inc (FCPT) stock price today?

The current price of FCPT is 24.91 USD — it has decreased -1.42

What is Four Corners Property Trust Inc (FCPT)'s business?

Four Corners Property Trust, Inc. is a real estate investment trust (REIT), which owns, acquires and leases properties for use in the restaurant and retail industries. The Company's segments are real estate operations and restaurant operations. Its real estate operations segment consists of rental revenues primarily generated by leasing restaurant properties to tenants through net lease arrangements under which the tenant is primarily responsible for ongoing costs relating to the properties. Its restaurant operations segment is conducted through a taxable REIT subsidiary and consists of its Kerrow Restaurant Operating Business. The Kerrow Restaurant Operating Business consists of seven LongHorn Steakhouse restaurants located in the San Antonio, Texas area. Its properties are located in Florida, Texas, Georgia, Ohio, Illinois, Indiana, Michigan, Pennsylvania, Wisconsin, Alabama, Minnesota, Arkansas, Louisiana, New York, Arizona, Nevada, Mississippi, and Colorado, among others.

What is the price predicton of FCPT Stock?

Wall Street analysts forecast FCPT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FCPT is29.75 USD with a low forecast of 29.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Four Corners Property Trust Inc (FCPT)'s revenue for the last quarter?

Four Corners Property Trust Inc revenue for the last quarter amounts to 71.48M USD, increased 7.54

What is Four Corners Property Trust Inc (FCPT)'s earnings per share (EPS) for the last quarter?

Four Corners Property Trust Inc. EPS for the last quarter amounts to 0.26 USD, decreased 0.00

How many employees does Four Corners Property Trust Inc (FCPT). have?

Four Corners Property Trust Inc (FCPT) has 536 emplpoyees as of June 16 2026.

What is Four Corners Property Trust Inc (FCPT) market cap?

Today FCPT has the market capitalization of 2.26B USD.