Four Corners Property Trust, Inc.
$24.12
-0.042%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.
At a Glance
Live SnapshotIntrinsic Alpha Methodology
Thesis Lenses
Signal
High confidenceValuation multiple is mid-range (P/E 21.1).
Valuation inputs: P/E 21.1, earnings yield +4.7%, momentum -0.0%.
If multiples stay elevated while momentum fades, downside repricing risk rises.
Driver
High confidenceReturn profile is soft (ROE +6.9%, ROIC +5.7%).
Profitability stack: net margin +38.2%, ROE +6.9%, ROIC +5.7%.
Quality deterioration often appears in margins before it shows up in headline EPS.
Risk
High confidenceDownside profile looks controlled across current risk inputs.
Risk factors: liabilities/assets +44.2%, momentum -0.0%, net margin +38.2%.
Higher leverage with weak momentum and thin margins can amplify drawdown severity.
Four Corners Property Trust, Inc. Market vs Earnings Trajectory
Performance Analysis
EPS Growth
Positive earnings growth shows the company is improving its profitability over time.
Price-EPS Relationship
Earnings are growing but price is falling—potential undervaluation opportunity if growth continues.
Stock Price Change
Over the 1Y period, stock price has decreased by 12.0%.
P/E Ratio (TTM)
Moderate P/E ratio suggests fair market valuation relative to earnings.
Four Corners Property Trust, Inc. Fair Value Envelope
Four Corners Property Trust, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Outstanding operational efficiency. The company generates substantial profit from core operations.
Net Profit Margin
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
Four Corners Property Trust, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Cash Flow Quality Insight
Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.
Four Corners Property Trust, Inc. Funding & Solvency Profile
Financial Health Analysis
Current Ratio
Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.
Debt-to-Equity Ratio
Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.
Working Capital
Strong working capital position provides significant operational flexibility and financial cushion.
Asset Composition
Capital-intensive business with significant long-term investments in property, equipment, or intangibles.
Four Corners Property Trust, Inc. Street Expectations Map
Wall Street analysts project that FCPT stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 27.67, with estimates ranging from a low of 26.00 to a high of 30.00.
The consensus 1-year price target stands at 27.67, with estimates ranging from a low of 26.00 to a high of 30.00.
Analyst Consensus Analysis
Upside Potential
Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.
Analyst Agreement
High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.
Analyst Conviction
Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.
Market Sentiment Insight
Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.
Four Corners Property Trust, Inc. Insider Positioning
During the last 12 months, insiders have purchased $896K and sold $433K worth of FCPT shares, resulting in $463K of net buying activity.
3 Months
15.8K
400.25K
2.4K
63.02K
+337K
+$337K
3-6 Months
10.1K
249.32K
815
19.96K
+229K
+$229K
6-9 Months
9.8K
246.29K
4.8K
119.97K
+126K
+$126K
9-12 Months
0
0.00
8.4K
230.25K
-230K
-$230K
Top Buyers
Lenehan William H
Director, Officer: President And Ceo
$849K
Hansen Douglas B
Director
$47K
Top Sellers
Moody John S
Director
$210K
Stewart Niccole
Officer: Chief Accounting Officer
$163K
Steele Toni S
Director
$60K
Insider Activity Analysis
Net Insider Sentiment
Positive insider sentiment with $463K net buying. Buying activity substantially exceeds selling, indicating insider confidence.
Buy/Sell Ratio
Strong buy/sell ratio. Buying is at least double the selling activity, suggesting robust insider confidence.
Recent Trend (3 Months)
Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.
Insider Participation
3 insider sellers vs. 2 buyers. More insiders selling than buying suggests cautious or negative sentiment.
Insider Activity Insight
Compelling insider conviction: The combination of strong buy/sell ratio and multiple buyers suggests insiders see attractive risk/reward. Consider this alongside fundamental analysis for confirmation.
fcpt Dividend History
Learning Layer
Related Guides
Build conviction on FCPT by pairing this stock hub with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.