FCPT - Four Corners Property Trust, Inc.

NYSE - NYSE Delayed Price. Currency in USD
28.69
-0.65 (-2.22%)
At close: 4:03PM EST
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Previous Close29.34
Open28.81
Bid28.50 x 900
Ask28.49 x 1000
Day's Range28.35 - 29.09
52 Week Range26.23 - 32.50
Volume1,053,602
Avg. Volume463,617
Market Cap2.009B
Beta (5Y Monthly)0.45
PE Ratio (TTM)27.07
EPS (TTM)1.06
Earnings DateApr 20, 2020 - Apr 26, 2020
Forward Dividend & Yield1.22 (4.16%)
Ex-Dividend DateJan 01, 2020
1y Target Est33.00
  • Business Wire

    FCPT Announces Acquisition of Three Properties from Brookfield Properties for $4.3 Million

    Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), is pleased to announce the acquisition of three properties for $4.3 million from Brookfield Properties. The three properties have an average lease term of approximately seven years and are outparcels to a Brookfield mall located in Michigan. The tenants include LongHorn Steakhouse (corporate-operated), Panera Bread (corporate-operated) and Applebee’s (franchisee). This transaction was priced at a cap rate in range with previous FCPT transactions and is separate from the Brookfield portfolio previously announced on October 2, 2019.

  • Business Wire

    FCPT Announces Closing of Second Tranche (Nine Properties) of Brookfield Transaction for $12.9 Million

    Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), is pleased to announce the acquisition of nine properties for $12.9 million from the Brookfield Properties transaction previously announced on October 2, 2019. The properties are located in Michigan, Minnesota, Missouri (2), North Carolina, Oklahoma (2) and Washington (2) within highly trafficked retail corridors. The tranche includes five restaurant properties (BJ’s Restaurant, Black Angus Steakhouse, Bonefish Grill, Olive Garden, IHOP and Wendy’s) and three non-restaurant properties (Huntington Bank, FedEx Kinko’s, and a local car wash). The tranche has an average lease term of approximately four years and eight of the nine leases are corporate-operated or guaranteed. The Brookfield Properties portfolio transaction was priced at a cap rate in range with previous FCPT transactions.

  • Thomson Reuters StreetEvents

    Edited Transcript of FCPT earnings conference call or presentation 13-Feb-20 4:00pm GMT

    Q4 2019 Four Corners Property Trust Inc Earnings Call

  • Business Wire

    FCPT Announces Acquisition of Two Chili’s Properties from Washington Prime Group for $2.0 million

    Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), is pleased to announce the acquisition of two Chili’s restaurant properties for $2.0 million from a previously announced Washington Prime Group transaction. The properties are both located in Indiana and are both leased to the brand’s corporate entity with an average lease term of approximately 4 years remaining. The Washington Prime portfolio was priced at a capitalization rate consistent with FCPT’s investment thresholds and past transactions.

  • Four Corners Property Trust (FCPT) Q4 FFO In Line With Estimates (Revised)
    Zacks

    Four Corners Property Trust (FCPT) Q4 FFO In Line With Estimates (Revised)

    Four Corners Property (FCPT) delivered FFO and revenue surprises of 0.00% and -0.34%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Business Wire

    FCPT Announces Fourth Quarter 2019 Financial and Operating Results

    Four Corners Property Trust, Inc. ("FCPT" or the "Company", NYSE: FCPT) today announced financial results for the three months and the year ended December 31, 2019.

  • Moving Average Crossover Alert: Four Corners Property Trust
    Zacks

    Moving Average Crossover Alert: Four Corners Property Trust

    Four Corners Property Trust, Inc. (FCPT) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

  • Business Wire

    FCPT Announces Acquisition of Dual-Tenant Potbelly / Verizon Property for $2.0 million

    Four Corners Property Trust (NYSE:FCPT), a real estate investment trust engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a dual-tenant property for $2.0 million. The property is occupied by a corporate operated Potbelly (NASDAQ: PBPB) and a Verizon retail operator with over 770 locations. Each tenant is subject to a separate lease with a weighted average term remaining of approximately seven years. The property is located in Wisconsin. The transaction was priced at a 6.9% going-in cash cap rate, after property management expenses and exclusive of transaction costs.

  • Business Wire

    FCPT Announces Promotion of James Brat to Chief Transaction Officer Strengthening Foundation for Future Growth

    Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), announced today that it has promoted James Brat to serve as FCPT’s Chief Transaction Officer. Mr. Brat joined FCPT at its inception in November 2015 as General Counsel.

  • Business Wire

    FCPT Announces Acquisition of a Bojangles’ Restaurant Property for $1.5 Million

    Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a Bojangles’ Famous Chicken ‘n Biscuits restaurant property for $1.5 million. The property is located in North Carolina and is occupied under a triple-net lease with the corporate operator that has approximately 5.5 years of term remaining. The transaction was priced at a 6.8% going-in cash capitalization rate.

  • Business Wire

    FCPT to Report Fourth Quarter 2019 Financial Results

    Four Corners Property Trust (NYSE: FCPT), a real estate investment trust (REIT) primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), announced today that it will release financial results for the fourth quarter and year ended December 31, 2019, after the market close on Wednesday, February 12, 2020. A conference call and audio webcast with analysts and investors will be held on Thursday, February 13 at 11:00 a.m. Eastern Time, to discuss the results.

  • Business Wire

    FCPT Announces Acquisition of a REI Property From PREIT for $5.2 Million

    Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a Recreational Equipment, Inc. ("REI") property for $5.2 million as part of a previously announced outparcel transaction with PREIT (NYSE: PEI). The property is located in Michigan and is occupied under a net lease with 9 years of term remaining. The property is newly constructed and is leased to the corporate operator. This transaction is the second closing of the previously announced PREIT portfolio transaction in November, priced at a 6.5% going-in cash cap rate, on a portfolio basis, exclusive of transaction costs.

  • Business Wire

    FCPT Announces Tax Treatment of 2019 Distributions

    Four Corners Property Trust, Inc. (NYSE: FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), announced today the tax characterization of its 2019 common stock distributions as shown below.

  • Business Wire

    FCPT Announces Acquisition of Texas Roadhouse and Chili’s Restaurant Properties for $2.1 Million

    Four Corners Property Trust (NYSE:FCPT), a real estate investment trust engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a Texas Roadhouse property and a Chili’s property for $2.1 million. The Texas Roadhouse property is leased to the corporate operator and the Chili’s property is leased to a franchisee. The properties are occupied under triple net leases with approximately 7 years of average term remaining and are located in Kansas. The transaction was priced at a 7.4% cash cap rate including estimated percentage rent, exclusive of transaction costs.

  • Business Wire

    FCPT Announces Acquisition of an Arby’s Restaurant Property for $1.6 Million

    Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), is pleased to announce the acquisition of an Arby’s restaurant property for $1.6 million. The property is located in North Carolina and is occupied under a triple-net lease with the corporate operator and approximately 7 years of term remaining. The transaction was priced at a 6.6% going-in cash capitalization rate.

  • Business Wire

    FCPT Announces Acquisition of Five Properties From Washington Prime Group for $8.6 Million

    Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), is pleased to announce the acquisition of five restaurant properties for $8.6 million from the previously announced Washington Prime Group transaction. The closing includes BJ’s Restaurant and Brewhouse, McDonald’s, and Taco Bell properties located in Florida and Steak ‘n Shake and White Castle properties located in Indiana. Four of the five properties are leased to the brand’s corporate entity with the Taco Bell leased to a franchisee. The properties have a weighted average lease term of approximately 13 years remaining. The Washington Prime portfolio was priced at a capitalization rate consistent with FCPT’s investment thresholds and past transactions.

  • Business Wire

    FCPT Announces Acquisition of Three Properties from PREIT for $5.3 million

    Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), is pleased to announce the acquisition of three properties for $5.3 million as part of the previously announced outparcel transaction with PREIT (NYSE: PEI). The properties are an Outback Steakhouse, a Texas Roadhouse, and a Mavis Discount Tire. The properties are located in Pennsylvania and South Carolina and are occupied under triple-net ground leases with a weighted average 11 years of term remaining. All three properties are newly constructed and leased to the respective corporate operators. The transaction is the first closing of the previously announced PREIT portfolio transaction in November, priced at a 6.5% going-in cash cap rate, on a portfolio basis, exclusive of transaction costs.

  • Introducing Four Corners Property Trust (NYSE:FCPT), A Stock That Climbed 35% In The Last Three Years
    Simply Wall St.

    Introducing Four Corners Property Trust (NYSE:FCPT), A Stock That Climbed 35% In The Last Three Years

    Buying a low-cost index fund will get you the average market return. But in any diversified portfolio of stocks...

  • Is Four Corners Property Trust, Inc. (NYSE:FCPT) A Good Stock To Buy?
    Insider Monkey

    Is Four Corners Property Trust, Inc. (NYSE:FCPT) A Good Stock To Buy?

    It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]