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Four Corners Property Trust, Inc. FCPT
Real Estate - REIT - Retail - NYSE - US
Watchlist
$ 26.8
-3.21 %
$ 2.68 B
Market Cap
25.05
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FCPT stock under the worst case scenario is HIDDEN Compared to the current market price of 26.8 USD, Four Corners Property Trust, Inc. is HIDDEN

FCPT Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FCPT stock under the base case scenario is HIDDEN Compared to the current market price of 26.8 USD, Four Corners Property Trust, Inc. is HIDDEN

FCPT Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FCPT stock under the best case scenario is HIDDEN Compared to the current market price of 26.8 USD, Four Corners Property Trust, Inc. is HIDDEN

FCPT Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart FCPT

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1M -3%
6M -4%
1Y 21%
3Y 8%
5Y 73%
All
$29.0$29.0$28.5$28.5$28.0$28.0$27.5$27.5$27.0$27.0$26.5$26.5$26.0$26.0$25.5$25.515 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
268 M REVENUE
6.97%
Growth Rates
1Year 6.97%
3Years 10.37%
5Years 10.84%
7Years 10.51%
10Years 31.23%
149 M OPERATING INCOME
8.93%
Growth Rates
1Year 8.93%
3Years 8.33%
5Years 8.39%
7Years 13.62%
10Years 105.73%
101 M NET INCOME
5.51%
Growth Rates
1Year 5.51%
3Years 5.47%
5Years 6.64%
7Years 4.92%
10Years 123.74%
144 M OPERATING CASH FLOW
-12.72%
Growth Rates
1Year -12.72%
3Years 5.59%
5Years 6.60%
7Years 8.98%
10Years 65.04%
-273 M INVESTING CASH FLOW
12.75%
Growth Rates
1Year 12.75%
3Years -1.00%
5Years -5.65%
7Years -18.07%
10Years -134.19%
108 M FINANCING CASH FLOW
-26.04%
Growth Rates
1Year -26.04%
3Years -7.76%
5Years 49.41%
7Years 13.63%
10Years 61.58%
68.3 M REVENUE
2.31%
Growth Rates
1Year 6.97%
3Years 10.37%
5Years 10.84%
7Years 10.51%
10Years 31.23%
38.4 M OPERATING INCOME
1.80%
Growth Rates
1Year 8.93%
3Years 8.33%
5Years 8.39%
7Years 13.62%
10Years 105.73%
26.2 M NET INCOME
2.32%
Growth Rates
1Year 5.51%
3Years 5.47%
5Years 6.64%
7Years 4.92%
10Years 123.74%
33.4 M OPERATING CASH FLOW
-23.00%
Growth Rates
1Year -12.72%
3Years 5.59%
5Years 6.60%
7Years 8.98%
10Years 65.04%
-136 M INVESTING CASH FLOW
-85.61%
Growth Rates
1Year 12.75%
3Years -1.00%
5Years -5.65%
7Years -18.07%
10Years -134.19%
62.3 M FINANCING CASH FLOW
8.79%
Growth Rates
1Year -26.04%
3Years -7.76%
5Years 49.41%
7Years 13.63%
10Years 61.58%
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
3.01 %92.24 %Total Assets$135.6m
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
4.35 %95.07 %Total Liabilities$1.2b
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
300m300m250m250m200m200m150m150m100m100m50m50m00268m(12m)256m(107m)149m(49m)101mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
95.68% GROSS MARGIN
95.68%
Averages
1Year 95.68%
3Years 87.86%
5Years 87.45%
7Years 87.26%
10Years 83.16%
55.65% OPERATING MARGIN
55.65%
Averages
1Year 55.65%
3Years 55.64%
5Years 57.68%
7Years 58.75%
10Years 53.77%
37.48% NET MARGIN
37.48%
Averages
1Year 37.48%
3Years 39.78%
5Years 41.50%
7Years 44.31%
10Years 50.72%
6.93% ROE
6.93%
Averages
1Year 6.93%
3Years 7.70%
5Years 8.24%
7Years 9.03%
10Years 11.21%
3.79% ROA
3.79%
Averages
1Year 3.79%
3Years 4.04%
5Years 4.25%
7Years 4.63%
10Years 5.64%
181.81% ROIC
181.81%
Averages
1Year 181.81%
3Years 64.52%
5Years 41.29%
7Years 31.44%
10Years 24.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Four Corners Property Trust, Inc.
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200m200m150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
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 4.48%
FCPT Average Price Target Wall Street Target
30.5 USD 13.81%
FCPT Highest Price Target Wall Street Target
33 USD 23.13%
Price
Max Price Target
Min Price Target
Average Price Target
3434323230302828262624242222May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
1.27% DIVIDEND YIELD
0.355 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
10.000010.00009.00009.00008.00008.00007.00007.00006.00006.00005.00005.00004.00004.00003.00003.00002.00002.00001.00001.00000.00000.00008.320.31750.33250.340.3450.3550.31750.33250.340.3450.33250.340.3459.051.000.31751.110.31751.170.33251.230.341.280.3451.320.3551.350.660.330.340.350.3620162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 11
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
0 USD 0
9-12 MONTHS
178 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
150 K USD 1
9-12 MONTHS
7. News
FCPT to Report First Quarter 2025 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 months ended March 31, 2025, after the market close on Wednesday, April 30, 2025. A conference call and audio webcast with analysts and investors will be held on Thursday, M. businesswire.com - 6 days ago
FCPT Acquires Tenth Property From Ampler Restaurant Group FCPT announces the acquisition of the tenth Burger King property through a sale-leaseback from Ampler Restaurant Group in March. zacks.com - 6 days ago
FCPT Announces Sale-Leaseback of a Burger King Property from Ampler Restaurant Group for $2.1 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 a Burger King property for $2.1 million from a previously announced sale-leaseback transaction with Ampler Restaurant Group. The property is located in a strong retail corridor in Kentucky and is franchisee-o. businesswire.com - 1 week ago
FCPT Acquires Properties Through Sale-Leaseback, Diversifies Portfolio FCPT announces the acquisition of multiple properties through a sale-leaseback as part of its diversification efforts. zacks.com - 1 week ago
FCPT Announces Sale-Leaseback of Nine Burger King Properties from Ampler Restaurant Group for $19.9 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 nine Burger King properties for $19.9 million from Ampler Restaurant Group via sale-leaseback. The properties are located in strong retail corridors in Tennessee and are franchisee-operated under long-term, t. businesswire.com - 1 week ago
FCPT Announces Sale-Leaseback of a Portfolio of Six Whataburger Properties from MWB Restaurants for $16.8 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 six Whataburger properties for $16.8 million from MWB Restaurants via sale-leaseback. The properties are newly constructed and located in strong retail corridors in Alabama and franchisee-operated under long. businesswire.com - 2 weeks ago
FCPT Acquires Properties Through Sale-Leaseback, Bolsters Portfolio FCPT expands portfolio with a sale-leaseback acquisition for $10.1 million. zacks.com - 3 weeks ago
FCPT Announces Sale Leaseback of Six Burger King Properties for $10.1 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 6 Burger King properties for $10.1 million via sale leaseback. The properties are located in highly-trafficked corridors in Texas and are each under long-term, triple net leases guaranteed by Burger King Corp. businesswire.com - 3 weeks ago
FCPT Declares First Quarter 2025 Dividend MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc. (NYSE: FCPT) today announced that its Board of Directors declared a quarterly cash dividend of $0.3550 per share (equivalent to $1.42 per share per annum) for the first quarter of 2025. The dividend is payable on April 15, 2025, to shareholders of record as of March 31, 2025. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of re. businesswire.com - 1 month ago
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 - 1 month 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 - 1 month 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 - 1 month ago
8. Profile Summary

Four Corners Property Trust, Inc. FCPT

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COUNTRY US
INDUSTRY REIT - Retail
MARKET CAP $ 2.68 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 Ms. Kelly Egli Controller Mr. Drake Nylund C.F.A. Manager of Corporate Finance Mr. Park Allen Vice President of People Ms. Niccole M. Stewart Chief Accounting Officer Mr. Warren Smith Controller of Finance & Reporting Mr. Steen Lund Treasury & Tax Analyst Mr. James L. Brat Chief Operating Officer, General Counsel & Secretary Mr. Joshua C. Zhang Director of Investments Mr. William Howard Lenehan IV President, Chief Executive Officer & Director Mr. Patrick L. Wernig Chief Financial Officer & Treasurer