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

28.11

Mkt cap

2.8B

Volume

1.3M

High

28.28

P/E Ratio

26.26

52-wk high

30.93

Low

27.70

Div yield

0.05

52-wk low

22.38

FCPT has expanded its portfolio by acquiring properties through a sale-leaseback transaction valued at $10.1 million.

Portfolio Pulse from

March 19, 2025 | 4:45 pm

Four Corners Property Trust (FCPT) has acquired six Burger King properties in Texas for $10.1 million through a sale leaseback agreement. These properties are under long-term, triple net leases guaranteed by Burger King Corp.

Portfolio Pulse from

March 19, 2025 | 12:15 am

Four Corners Property Trust, Inc. (FCPT) has declared a quarterly cash dividend of $0.3550 per share for Q1 2025, payable on April 15, 2025, to shareholders of record as of March 31, 2025.

Portfolio Pulse from

March 10, 2025 | 10:00 pm

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

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