Streetbeat News

FCPT

Four Corners Property Trust, Inc.

https://www.fcpt.com

Industry

REIT - Retail

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant 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.

Open

27.91

Mkt cap

2.8B

Volume

808K

High

28.12

P/E Ratio

26.14

52-wk high

30.93

Low

27.75

Div yield

0.05

52-wk low

22.38

Four Corners Property Trust (FCPT) is a net lease REIT with a strong portfolio of nationally recognized tenants, demonstrating near-full occupancy, healthy rent coverage, and steady growth in rental revenue and AFFO. It maintains a solid balance sheet with ample liquidity, supporting acquisitions and a well-covered dividend yield.

Portfolio Pulse from

February 16, 2025 | 4:00 pm

Four Corners Property Trust, Inc. (FCPT) held its Q4 2024 earnings call on February 13, 2025. Key participants included executives from FCPT and analysts from major financial institutions.

Portfolio Pulse from

February 13, 2025 | 6:30 pm

Four Corners Property Trust (FCPT) reported Q4 funds from operations (FFO) of $0.44 per share, surpassing the Zacks Consensus Estimate of $0.42 per share. This is an improvement from the $0.43 per share reported a year ago.

Portfolio Pulse from

February 13, 2025 | 12:30 am

Four Corners Property Trust (FCPT) has acquired an automotive service property in Ohio for $4.9 million. The property is under a long-term triple net lease with a national operator.

Portfolio Pulse from

February 13, 2025 | 12:00 am

FCPT has expanded its portfolio by acquiring an automotive service property for $4.8 million, continuing its strategy of portfolio diversification.

Portfolio Pulse from

January 29, 2025 | 3:45 pm

Four Corners Property Trust (FCPT) has acquired an automotive service property in Texas for $4.8 million. The property is under a long-term triple net lease with a national operator.

Portfolio Pulse from

January 28, 2025 | 11:30 pm

Four Corners Property Trust, Inc. (NYSE: FCPT) announced the tax treatment of its 2024 common stock distributions, detailing the ordinary and qualified taxable dividends per share.

Portfolio Pulse from

January 22, 2025 | 1:45 am

Four Corners Property Trust (FCPT) has completed $265 million in real estate acquisitions for 2024, totaling 87 properties. This marks a successful year for the company in expanding its property portfolio.

Portfolio Pulse from

December 30, 2024 | 4:30 pm

FCPT has announced the acquisition of a Burger King property for $1.7 million, contributing to a total acquisition volume of $265 million for 2024.

Portfolio Pulse from

December 27, 2024 | 11:15 pm

FCPT has acquired a portfolio of automotive service properties through a sale-leaseback transaction, aiming to diversify its investment portfolio.

Portfolio Pulse from

December 26, 2024 | 4:30 pm

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