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Real Estate - REIT - Retail - NYSE - US
$ 28.91
0.557 %
$ 2.89 B
Market Cap
27.02
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one FCPT stock under the worst case scenario is HIDDEN Compared to the current market price of 28.9 USD, Four Corners Property Trust, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one FCPT stock under the base case scenario is HIDDEN Compared to the current market price of 28.9 USD, Four Corners Property Trust, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one FCPT stock under the best case scenario is HIDDEN Compared to the current market price of 28.9 USD, Four Corners Property Trust, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
268 M REVENUE
6.97%
149 M OPERATING INCOME
8.93%
101 M NET INCOME
5.51%
144 M OPERATING CASH FLOW
-12.72%
-273 M INVESTING CASH FLOW
12.75%
108 M FINANCING CASH FLOW
-26.04%
68.3 M REVENUE
2.31%
38.4 M OPERATING INCOME
1.80%
26.2 M NET INCOME
2.32%
33.4 M OPERATING CASH FLOW
-23.00%
-136 M INVESTING CASH FLOW
-85.61%
62.3 M FINANCING CASH FLOW
8.79%
Balance Sheet Four Corners Property Trust, Inc.
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Current Assets 10.5 M
Cash & Short-Term Investments 4.08 M
Receivables 3.48 M
Other Current Assets 2.96 M
Non-Current Assets 125 M
Long-Term Investments 0
PP&E 0
Other Non-Current Assets 125 M
Current Liabilities 53.3 M
Accounts Payable 931 K
Short-Term Debt 0
Other Current Liabilities 52.4 M
Non-Current Liabilities 1.15 B
Long-Term Debt 1.14 B
Other Non-Current Liabilities 5.96 M
EFFICIENCY
Earnings Waterfall Four Corners Property Trust, Inc.
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Revenue 268 M
Cost Of Revenue 11.6 M
Gross Profit 256 M
Operating Expenses 107 M
Operating Income 149 M
Other Expenses 48.6 M
Net Income 101 M
RATIOS
95.68% GROSS MARGIN
95.68%
55.65% OPERATING MARGIN
55.65%
37.48% NET MARGIN
37.48%
6.93% ROE
6.93%
3.79% ROA
3.79%
181.81% ROIC
181.81%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Four Corners Property Trust, Inc.
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Net Income 101 M
Depreciation & Amortization 54.4 M
Capital Expenditures 0
Stock-Based Compensation 6.99 M
Change in Working Capital -22.5 M
Others -17.6 M
Free Cash Flow 144 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Four Corners Property Trust, Inc.
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Wall Street analysts predict an average 1-year price target for FCPT of $30.5 , with forecasts ranging from a low of $28 to a high of $33 .
FCPT Lowest Price Target Wall Street Target
28 USD -3.15%
FCPT Average Price Target Wall Street Target
30.5 USD 5.50%
FCPT Highest Price Target Wall Street Target
33 USD 14.15%
4. DIVIDEND ANALYSIS
1.27% DIVIDEND YIELD
0.355 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Four Corners Property Trust, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
178 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
150 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
8 months ago
Jun 12, 2024
Sell 178 K USD
MOODY JOHN S
Director
- 7230
24.56 USD
8 months ago
Jun 10, 2024
Bought 150 K USD
Lenehan William H
President and CEO
+ 6230
24.05 USD
1 year ago
Nov 07, 2023
Bought 57.6 K USD
HANSEN DOUGLAS B
Director
+ 2650
21.74 USD
1 year ago
Nov 07, 2023
Bought 50 K USD
HANSEN DOUGLAS B
Director
+ 2300
21.74 USD
1 year ago
Nov 06, 2023
Bought 198 K USD
Lenehan William H
President and CEO
+ 9000
22.05 USD
1 year ago
Jun 15, 2023
Sell 189 K USD
MOODY JOHN S
Director
- 7200
26.25 USD
1 year ago
Jun 07, 2023
Bought 250 K USD
HANSEN DOUGLAS B
Director
+ 9425
26.53 USD
1 year ago
Jun 06, 2023
Bought 198 K USD
Lenehan William H
President and CEO
+ 7600
26.06 USD
2 years ago
Dec 16, 2022
Bought 250 K USD
Lenehan William H
President and CEO
+ 9625
25.99 USD
2 years ago
Mar 29, 2022
Bought 26.8 K USD
HANSEN DOUGLAS B
director:
+ 1000
26.83 USD
2 years ago
Mar 29, 2022
Sell 26.8 K USD
HANSEN DOUGLAS B
director:
- 1000
26.8 USD
2 years ago
Mar 07, 2022
Bought 200 K USD
MOODY JOHN S
director:
+ 7430
26.87 USD
3 years ago
Mar 04, 2022
Bought 99.8 K USD
Lenehan William H
President and CEO
+ 3700
26.97 USD
3 years ago
Feb 22, 2022
Bought 200 K USD
Lenehan William H
President and CEO
+ 7650
26.18 USD
3 years ago
Aug 17, 2021
Bought 125 K USD
Lenehan William H
President and CEO
+ 4645
26.91 USD
3 years ago
Jun 16, 2021
Sell 170 K USD
MOODY JOHN S
Director
- 5888
28.9 USD
3 years ago
May 27, 2021
Sell 42.2 K USD
Stewart Niccole
Chief Accounting Officer
- 1500
28.14 USD
4 years ago
Aug 06, 2020
Bought 100 K USD
Lenehan William H
President and CEO
+ 4000
24.99 USD
4 years ago
May 14, 2020
Bought 92.8 K USD
MOODY JOHN S
Director
+ 5000
18.56 USD
4 years ago
May 14, 2020
Bought 50.2 K USD
HANSEN DOUGLAS B
Director
+ 2800
17.94 USD
4 years ago
May 14, 2020
Bought 201 K USD
Lenehan William H
President and CEO
+ 11300
17.79 USD
4 years ago
May 15, 2020
Bought 994 USD
Stewart Niccole
Chief Accounting Officer
+ 53
18.76 USD
4 years ago
May 15, 2020
Bought 25 K USD
Morgan Gerald R
Chief Financial Officer
+ 1366
18.28 USD
5 years ago
Mar 02, 2020
Sell 47.2 K USD
Stewart Niccole
Chief Accounting Officer
- 1600
29.5 USD
5 years ago
Feb 18, 2020
Sell 96.2 K USD
Brat James L
General Counsel and Secretary
- 3000
32.08 USD
5 years ago
Aug 06, 2019
Sell 21.6 K USD
Stewart Niccole
Chief Accounting Officer
- 800
27.05 USD
6 years ago
Feb 21, 2019
Sell 164 K USD
Brat James L
General Counsel and Secretary
- 6000
27.41 USD
6 years ago
Feb 21, 2019
Sell 82.2 K USD
Morgan Gerald R
Chief Financial Officer
- 3000
27.41 USD
6 years ago
Nov 13, 2018
Sell 91.9 K USD
Morgan Gerald R
Chief Financial Officer
- 3400
27.03 USD
6 years ago
Nov 02, 2018
Sell 13.4 K USD
Stewart Niccole
Chief Accounting Officer
- 518
25.9 USD
7 years ago
Feb 09, 2018
Bought 21.8 K USD
HANSEN DOUGLAS B
Director
+ 1000
21.78 USD
7 years ago
Feb 09, 2018
Sell 21.8 K USD
HANSEN DOUGLAS B
Director
- 1000
21.77 USD
8 years ago
May 25, 2016
Bought 1.36 K USD
Szurek Paul E.
Director
+ 70
19.39 USD
8 years ago
May 25, 2016
Bought 22 K USD
Szurek Paul E.
Director
+ 1132
19.45 USD
9 years ago
Nov 12, 2015
Bought 20.4 K USD
HANSEN DOUGLAS B
Director
+ 1000
20.45 USD
9 years ago
Nov 11, 2015
Bought 20.4 K USD
HANSEN DOUGLAS B
Director
+ 1000
20.438 USD
9 years ago
Nov 10, 2015
Bought 20.3 K USD
HANSEN DOUGLAS B
Director
+ 1000
20.2967 USD
9 years ago
Nov 12, 2015
Bought 10.3 K USD
Ogilvie Marran H.
Director
+ 500
20.559 USD
9 years ago
Nov 12, 2015
Bought 8.22 K USD
Ogilvie Marran H.
Director
+ 400
20.54 USD
9 years ago
Nov 12, 2015
Bought 8.13 K USD
Ogilvie Marran H.
Director
+ 400
20.333 USD
9 years ago
Nov 12, 2015
Bought 10.2 K USD
Ogilvie Marran H.
Director
+ 500
20.4 USD
9 years ago
Nov 12, 2015
Bought 10.2 K USD
Ogilvie Marran H.
Director
+ 500
20.35 USD
9 years ago
Nov 10, 2015
Bought 6.21 K USD
Ogilvie Marran H.
Director
+ 300
20.713 USD
9 years ago
Nov 10, 2015
Bought 8.66 K USD
Ogilvie Marran H.
Director
+ 400
21.65 USD
9 years ago
Nov 10, 2015
Bought 6.24 K USD
Ogilvie Marran H.
Director
+ 300
20.8 USD
9 years ago
Nov 10, 2015
Bought 8.2 K USD
Ogilvie Marran H.
Director
+ 400
20.5 USD
9 years ago
Nov 10, 2015
Bought 8.08 K USD
Ogilvie Marran H.
Director
+ 400
20.2 USD
9 years ago
Nov 10, 2015
Bought 6 K USD
Ogilvie Marran H.
Director
+ 300
20 USD
9 years ago
Nov 10, 2015
Bought 20.3 K USD
Lenehan William H
President and CEO
+ 1000
20.31 USD
9 years ago
Nov 10, 2015
Bought 30.5 K USD
Lenehan William H
President and CEO
+ 1500
20.31 USD
9 years ago
Nov 10, 2015
Bought 48.8 K USD
Lenehan William H
President and CEO
+ 2500
19.5 USD
9 years ago
Nov 10, 2015
Bought 13.6 K USD
Lenehan William H
President and CEO
+ 700
19.48 USD
9 years ago
Nov 10, 2015
Bought 1.95 K USD
Lenehan William H
President and CEO
+ 100
19.47 USD
9 years ago
Nov 10, 2015
Bought 7.77 K USD
Lenehan William H
President and CEO
+ 400
19.42 USD
9 years ago
Nov 10, 2015
Bought 17.4 K USD
Lenehan William H
President and CEO
+ 900
19.34 USD
9 years ago
Nov 10, 2015
Bought 1.93 K USD
Lenehan William H
President and CEO
+ 100
19.325 USD
9 years ago
Nov 10, 2015
Bought 5.79 K USD
Lenehan William H
President and CEO
+ 300
19.3 USD
9 years ago
Nov 10, 2015
Bought 49.6 K USD
Lenehan William H
President and CEO
+ 2500
19.85 USD
9 years ago
Nov 10, 2015
Bought 29 K USD
Brat James L
General Counsel
+ 1450
20 USD
9 years ago
Nov 10, 2015
Bought 2 K USD
Brat James L
General Counsel
+ 100
19.99 USD
9 years ago
Nov 10, 2015
Bought 4 K USD
Brat James L
General Counsel
+ 200
19.98 USD
9 years ago
Nov 09, 2015
Bought 90.6 K USD
Szurek Paul E.
Director
+ 4475
20.25 USD
9 years ago
Nov 09, 2015
Bought 97.1 K USD
Morgan Gerald R
Chief Financial Officer
+ 5000
19.42 USD
9 years ago
Nov 09, 2015
Bought 24.9 K USD
Morgan Gerald R
Chief Financial Officer
+ 1270
19.63 USD
9 years ago
Nov 09, 2015
Bought 70.8 K USD
Morgan Gerald R
Chief Financial Officer
+ 3570
19.83 USD
9 years ago
Nov 09, 2015
Bought 104 K USD
Morgan Gerald R
Chief Financial Officer
+ 4760
21.93 USD
9 years ago
Nov 09, 2015
Bought 49.4 K USD
Lenehan William H
President and CEO
+ 2500
19.75 USD
9 years ago
Nov 09, 2015
Bought 35.9 K USD
Lenehan William H
President and CEO
+ 1800
19.92 USD
9 years ago
Nov 09, 2015
Bought 3.98 K USD
Lenehan William H
President and CEO
+ 200
19.916 USD
9 years ago
Nov 09, 2015
Bought 50.5 K USD
Lenehan William H
President and CEO
+ 2500
20.2 USD
9 years ago
Nov 09, 2015
Bought 50.2 K USD
Lenehan William H
President and CEO
+ 2500
20.09 USD
9 years ago
Nov 09, 2015
Bought 73.8 K USD
Lenehan William H
President and CEO
+ 3600
20.5 USD
9 years ago
Nov 09, 2015
Bought 28.7 K USD
Lenehan William H
President and CEO
+ 1400
20.496 USD
9 years ago
Nov 09, 2015
Bought 55 K USD
Lenehan William H
President and CEO
+ 2500
21.99 USD
7. News
Four Corners Property: Slowing Growth, High Valuation And Concentration Risks Make It Hard To Recommend Despite high occupancy rates and a robust balance sheet, the company's AFFO growth has slowed, and it trades at a premium valuation. The company's heavy reliance on a single tenant and high concentration in the restaurant sector make it riskier than its peers. Given its current valuation and exposure risks, I recommend a "hold" rating for Four Corners, as better opportunities exist in the triple net lease retail space. seekingalpha.com - 2 weeks ago
Four Corners Property: Have Your Diner Pay You Back Four Corners Property Trust is a net lease REIT with a durable, e-commerce-resistant portfolio of nationally recognized tenants. FCPT demonstrates strong operational fundamentals with near-full occupancy, healthy rent coverage ratios, and steady growth in rental revenue and AFFO. It also has a solid balance sheet with ample liquidity, supporting accretive acquisitions and offering a well-covered dividend yield. seekingalpha.com - 2 weeks ago
Four Corners Property Trust, Inc. (FCPT) Q4 2024 Earnings Call Transcript Four Corners Property Trust, Inc. (NYSE:FCPT ) Q4 2024 Earnings Conference Call February 13, 2025 11:00 AM ET Company Participants Patrick Wernig - Chief Financial Officer Bill Lenehan - Chief Executive Officer Josh Zhang - Chief Investment Officer Conference Call Participants Anthony Paolone - JPMorgan Kyle Katorincek - Janney Montgomery Michael Goldsmith - UBS John Kilichowski - Wells Fargo Rich Hightower - Barclays Alec Feygin - Baird Mitch Germain - JMP Jim Kammert - Evercore Operator Good morning all, and thank you for joining us to the FCPT Fourth Quarter 2024 Financial Results Conference Call. My name is Carly, and I'll be coordinating your call today. seekingalpha.com - 2 weeks ago
Four Corners Property Trust (FCPT) Beats Q4 FFO Estimates Four Corners Property Trust (FCPT) came out with quarterly funds from operations (FFO) of $0.44 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to FFO of $0.43 per share a year ago. zacks.com - 2 weeks ago
FCPT Announces Acquisition of an Automotive Service Property for $4.9 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 an automotive service property leased to a national operator for $4.9 million. The property is located in a highly trafficked corridor in Ohio and under a corporate long-term triple net lease. The transaction. businesswire.com - 2 weeks ago
FCPT Announces Fourth Quarter 2024 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 and twelve months ended December 31, 2024. Management Comments “FCPT demonstrated great discipline on both capital raising and investing in 2024. We successfully acquired $265 million of properties leased to diverse national brands at accretive pricing. We ended the year with great momentum, closing on over $132 million of acquisitions in. businesswire.com - 2 weeks ago
FCPT Announces Upsizing and Extension of Unsecured Credit Facility 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”), announced today that the Company entered into a Fourth Amended and Restated Revolving Credit and Term Loan Agreement with a group of existing lenders (the “Credit Agreement”). The Credit Agreement increases the overall size of the facility from $765. businesswire.com - 1 month ago
FCPT Expands Portfolio With Automotive Service Property Acquisition FCPT continues its portfolio diversification momentum and buys an automotive service property for $4.8 million. zacks.com - 1 month ago
FCPT Announces Acquisition of an Automotive Service Property for $4.8 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 an automotive service property leased to a national operator for $4.8 million. The property is located in a highly trafficked corridor in Texas and under a corporate long-term triple net lease. The transactio. businesswire.com - 1 month ago
FCPT Announces Tax Treatment of 2024 Distributions MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc. (NYSE: FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), announced today the tax characterization of its 2024 common stock distributions as shown below. Record Date Payment Date Total Distribution ($ per share) Form 1099 Box 1a Ordinary Taxable Dividend ($ per share) Form 1099 Box 1b Qualified Taxab. businesswire.com - 1 month ago
FCPT to Report Fourth Quarter 2024 Financial Results MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE: FCPT), a real estate investment trust (REIT) primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), announced today that it will release financial results for the three and twelve months ended December 31, 2024, after the market close on Wednesday, February 12, 2025. A conference call and audio webcast with analysts and investors will be he. businesswire.com - 1 month ago
Four Corners Property Trust Hits $265 Million in 2024 Acquisitions FCPT's latest acquisition marks the culmination of a robust year, bringing the total real estate acquisitions in 2024 to 87 properties. zacks.com - 2 months ago
8. Profile Summary

Four Corners Property Trust, Inc. FCPT

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COUNTRY US
INDUSTRY REIT - Retail
MARKET CAP $ 2.89 B
Dividend Yield 1.27%
Description 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.
Contact 591 Redwood Highway, Mill Valley, CA, 94941 https://www.fcpt.com
IPO Date Nov. 10, 2015
Employees 536
Officers Mr. Drake Nylund C.F.A. Manager of Corporate Finance Mr. Joshua C. Zhang Director of Investments Ms. Niccole M. Stewart Chief Accounting Officer Mr. Steen Lund Treasury & Tax Analyst Mr. Patrick L. Wernig Chief Financial Officer & Treasurer Mr. James L. Brat Chief Operating Officer, General Counsel & Secretary Mr. Park Allen Vice President of People Mr. Warren Smith Controller of Finance & Reporting Mr. William Howard Lenehan IV President, Chief Executive Officer & Director Ms. Kelly Egli Controller