Four Corners Property TrustFCPT
FCPT
About: Four Corners Property Trust Inc is a real estate investment trust predominantly 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. The firm operates through two segments namely, real estate operations and restaurant operations. The real estate operations segment consists of rental revenues generated by leasing restaurant and retail properties to tenants. The restaurant operations segment is conducted through a taxable REIT subsidiary (TRS) and consists of Kerrow Restaurant Operating Business. The firm generates majority of the revenue from the real estate operations segment.
Employees: 543
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
94% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 65
67% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 24
3% more funds holding
Funds holding: 292 [Q3] → 300 (+8) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
4% less call options, than puts
Call options by funds: $117K | Put options by funds: $122K
5% less capital invested
Capital invested by funds: $2.79B [Q3] → $2.66B (-$133M) [Q4]
2.18% less ownership
Funds ownership: 103.29% [Q3] → 101.11% (-2.18%) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$30
12%
upside
Avg. target
$31
13%
upside
High target
$31
15%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
UBS Michael Goldsmith 56% 1-year accuracy 10 / 18 met price target | 12%upside $30 | Buy Maintained | 13 May 2025 |
Wells Fargo John Kilichowski 44% 1-year accuracy 8 / 18 met price target | 15%upside $31 | Overweight Maintained | 10 Mar 2025 |
Financial journalist opinion
Based on 11 articles about FCPT published over the past 30 days
Positive
Zacks Investment Research
1 day ago
FCPT Acquires Three Express Oil Change & Tire Engineers Properties
Four Corners Property Trust announces the acquisition of three Express Oil Change & Tire Engineers properties for $9.5 million.
Neutral
Business Wire
5 days ago
FCPT Announces Acquisition of Three Express Oil Change & Tire Engineers Properties for $9.5 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 and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of three Express Oil Change & Tire Engineers properties for $9.5 million. The properties are located in highly trafficked corridors in Georgia and are corporate-operated under long term, triple net leases wi.
Positive
Seeking Alpha
1 week ago
Four Corners Property: Solid Dividends And Growth For A Volatile Market
Wealth is built through consistent, steady gains; FCPT fits this mold with its stable, e-commerce-resistant portfolio and a 5.1% yield. FCPT specializes in services properties, maintaining high occupancy and strong rent collections with a solid tenant financial base. Despite tenant concentration risks, FCPT's properties' fungibility and disciplined acquisition strategy beget attractive cap rates and growth potential.
Neutral
Seeking Alpha
1 week ago
Four Corners Property Trust, Inc. (FCPT) Q1 2025 Earnings Call Transcript
Four Corners Property Trust, Inc. (NYSE:FCPT ) Q1 2025 Results Conference Call May 1, 2025 12:00 PM ET Company Participants Patrick Wernig - Chief Financial Officer Bill Lenehan - Chief Executive Officer Josh Zhang - Chief Investment Officer Conference Call Participants John Kilichowski - Wells Fargo Catherine Graves - UBS Anthony Paolone - JPMorgan Wes Golladay - Baird Kyle Katorincek - Janney R.J. Milligan - Raymond James Jason Wayne - Barclays James Kammert - Evercore Operator Hello and welcome everyone to the FCPT First Quarter 2025 Financial Results Conference call.
Positive
Zacks Investment Research
1 week ago
Four Corners Property Trust (FCPT) Meets Q1 FFO Estimates
Four Corners Property Trust (FCPT) came out with quarterly funds from operations (FFO) of $0.44 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.43 per share a year ago.
Neutral
Business Wire
1 week ago
FCPT Announces First Quarter 2025 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, 2025. Management Comments “FCPT started the year off strong, continuing the momentum from the end of 2024. We accomplished the highest first quarter acquisition volume in company history, acquiring over $56 million of properties leased to national brands at attractive pricing,” said CEO Bill Lenehan. “While the marke.
Positive
The Motley Fool
2 weeks ago
3 Top Dividend Stocks Yielding 5% or More to Buy Right Now to Boost Your Passive Income
Investing in dividend stocks is a great way to make some extra cash. The top ones pay a lucrative income stream that steadily rises, enabling you to turn idle cash into a growing stream of passive income.
Neutral
Business Wire
2 weeks ago
FCPT Announces Acquisition of a Caribou Coffee Property for $1.4 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 and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Caribou Coffee property for $1.4 million. Caribou Coffee was established in Minnesota in 1992 and is a subsidiary of Panera Brands under JAB Holding Company. The property is located in a highly-trafficked c.
Neutral
Business Wire
3 weeks ago
FCPT Announces Acquisition of a Chuy's Property for $2.9 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 and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Chuy's property for $2.9 million. Chuy's, recently acquired by Darden Restaurants, is a casual dining restaurant chain with over 100 locations across the United States known for its Tex-Mex cuisine. The pro.
Neutral
Seeking Alpha
3 weeks ago
Short Interest Down For U.S. REITs In March, Up For Advertising REITs
Average short interest in US equity real estate investment trusts decreased moderately in March. US REITs' short interest fell 3 basis points month over month to 3.7% of shares outstanding on average in March. The shopping center segment logged the biggest decline in March compared to the previous month, down 1.2 percentage points to 3.3% of shares outstanding on average.
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