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Four Corners Property Trust Inc Stock Research

FCPT

25.43USD-0.43(-1.66%)Market Closed

Market Summary

USD25.43-0.43
Market Closed
-1.66%

FCPT Stock Price

FCPT RSI Chart

FCPT Valuation

Market Cap

2.2B

Price/Earnings (Trailing)

22.19

Price/Sales (Trailing)

9.57

Price/Free Cashflow

-14.48

FCPT Price/Sales (Trailing)

FCPT Profitability

Return on Equity

8.59%

Return on Assets

4.45%

Free Cashflow Yield

-6.9%

FCPT Fundamentals

FCPT Revenue

Revenue (TTM)

228.7M

Revenue Y/Y

10.21%

Revenue Q/Q

4.51%

FCPT Earnings

Earnings (TTM)

98.6M

Earnings Y/Y

3.9%

Earnings Q/Q

1.12%

Price Action

52 Week Range

22.6729.44
(Low)(High)

Last 7 days

-1.4%

Last 30 days

0.5%

Last 90 days

-8.1%

Trailing 12 Months

-4.9%

FCPT Financial Health

FCPT Investor Care

Dividend Yield

5.35%

Dividend/Share (TTM)

1.36

Shares Dilution (1Y)

7.12%

Diluted EPS (TTM)

1.2

Peers (Alternatives to Four Corners Property Trust)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
49.7B
4.3B
-2.38% -8.70%
11.41
11.54
18.80% 113.99%
26.9B
4.9B
-5.55% -30.20%
72
5.48
9.82% -73.28%
22.5B
2.0B
-1.73% -20.60%
24.54
11.4
-20.93% -31.79%
19.0B
2.7B
-7.73% -29.45%
25.35
7.1
18.91% 81.13%
13.2B
1.7B
-4.07% -25.83%
104.43
7.61
15.49% -81.09%
MID-CAP
7.0B
1.1B
-10.37% -21.58%
18.01
6.42
10.19% 46.60%
4.2B
814.4M
-4.25% -3.38%
464.25
5.22
63.41% 107.43%
2.5B
1.8B
-11.94% -60.40%
-6.85
1.4
9.23% -286.27%
2.0B
857.9M
-3.13% -16.92%
-22.78
2.33
-1.75% -315.36%
SMALL-CAP
2.1B
421.5M
9.61% 22.04%
23.61
4.98
1.34% 437.34%
1.4B
862.4M
-5.85% -62.50%
-11.22
1.63
7.01% -127.00%
1.2B
184.6M
4.04% 30.13%
12.55
6.26
2.55% 1950.56%
936.2M
745.2M
2.62% -50.85%
-24.61
1.26
2.17% -183.81%

Financials for Four Corners Property Trust

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue2.5%229223218213207
Operating Expenses5.1%10297.0093.0090.0087.00
  S&GA Expenses3.9%21.0020.0019.0018.0018.00
Interest Expenses4.2%38.0036.0035.0034.0033.00
Net Income0.9%99.0098.0099.0095.0087.00
Net Income Margin-2.9%0.44*0.45*0.45*0.42*-
Free Cahsflow-219.8%-154129-143--
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets0.0%2,1982,1992,1002,0111,998
    Cash Equivalents19.4%31.0026.0037.0018.0058.00
Liabilities0.4%1,0651,0601,0311,0191,023
Shareholder's Equity-0.5%1,1331,1381,069992975
  Retained Earnings-1055.4%-5.501.007.0010.008.00
  Additional Paid-In Capital0.8%1,1131,1051,028965959
Shares Outstanding0.5%86.0086.0083.0081.0080.00
Minority Interest-0.8%2.002.002.002.002.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations2.2%145142138129125
  Share Based Compensation5.4%5.005.005.004.004.00
Cashflow From Investing12.1%-238-270-224-271-275
Cashflow From Financing-55.6%66.00149116137197
  Dividend Payments8.1%116108107--

Risks for FCPT

What is the probability of a big loss on FCPT?

33.9%


Probability that Four Corners Property Trust stock will be more than 20% underwater in next one year

19.6%


Probability that Four Corners Property Trust stock will be more than 30% underwater in next one year.

19.6%


Probability that Four Corners Property Trust stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FCPT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Four Corners Property Trust was unfortunately bought at previous high price.

Drawdowns

Returns for FCPT

Cumulative Returns on FCPT

8.4%


7-Year Cumulative Returns

6.6%


5-Year Cumulative Returns

10%


3-Year Cumulative Returns

What are the long-term rolling returns for FCPT?

FIve years rolling returns for Four Corners Property Trust.

Annualized Returns

Which funds bought or sold FCPT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-23
Front Row Advisors LLC
unchanged
-
-
6,000
-%
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-4.13
-90,431
12,833,600
-%
2023-05-19
Coppell Advisory Solutions LLC
sold off
-100
-596
-
-%
2023-05-18
JPMORGAN CHASE & CO
reduced
-2.3
97,000
8,085,000
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-20.71
-322,000
1,480,000
-%
2023-05-17
Thrivent Financial for Lutherans
added
25.18
1,957,000
8,554,000
0.02%
2023-05-17
VIRGINIA RETIREMENT SYSTEMS ET AL
added
126
507,876
863,469
0.01%
2023-05-16
Rockefeller Capital Management L.P.
sold off
-100
-6,000
-
-%
2023-05-16
SUSQUEHANNA INTERNATIONAL GROUP, LLP
new
-
1,202,920
1,202,920
-%
2023-05-16
Red Tortoise LLC
added
22.81
804
3,760
-%

1–10 of 46

Latest Funds Activity

Are funds buying FCPT calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own FCPT
No. of Funds

Four Corners Property Trust News

MarketBeat
Russell Investments Group Ltd. Has $1 Million Stake in Four ....
MarketBeat,
3 hours ago
Seeking Alpha
3 Net Lease REITs Poised To Profit.
Seeking Alpha,
7 days ago
The Motley Fool
North Bay Business Journal

Schedule 13G FIlings of Four Corners Property Trust

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
11.68%
9,799,966
SC 13G/A
Feb 03, 2023
state street corp
5.74%
4,812,491
SC 13G/A
Feb 01, 2023
victory capital management inc
6.01%
5,028,036
SC 13G
Jan 26, 2023
blackrock inc.
18.7%
15,682,098
SC 13G/A
Jan 20, 2023
blackrock inc.
18.7%
15,682,098
SC 13G/A
Feb 11, 2022
state street corp
5.41%
4,186,265
SC 13G
Feb 10, 2022
fmr llc
-
0
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Jan 27, 2022
blackrock inc.
19.3%
14,963,276
SC 13G/A

FCPT Fair Value

Four Corners Property Trust fair value in different scenarios

The table shows the Fair Value estimates for Four Corners Property Trust for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

23.17

-8.89%

28.71

12.90%

37.54

47.62%

48.24

89.70%

59.81

135.19%
Current Inflation

21.32

-16.16%

26.00

2.24%

33.31

30.99%

42.17

65.83%

51.78

103.62%
Very High Inflation

19.05

-25.09%

22.74

-10.58%

28.36

11.52%

35.19

38.38%

42.62

67.60%

Historical Four Corners Property Trust Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Four Corners Property Trust

View All Filings
Date Filed Form Type Document
May 24, 2023
8-K
Current Report
May 02, 2023
10-Q
Quarterly Report
May 01, 2023
8-K
Current Report
Apr 21, 2023
DEF 14A
DEF 14A
Apr 21, 2023
DEFA14A
DEFA14A
Apr 17, 2023
4
Insider Trading
Apr 17, 2023
4
Insider Trading
Apr 17, 2023
4
Insider Trading
Apr 17, 2023
4
Insider Trading
Apr 17, 2023
4
Insider Trading

Latest Insider Trading transactions for FCPT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-04-14
Lenehan William H
acquired
-
-
1,296
president and ceo
2023-04-14
Brat James L
acquired
-
-
647
chief operations officer
2023-04-14
Morgan Gerald R
acquired
-
-
344
chief financial officer
2023-04-14
Tennican Elizabeth
acquired
-
-
141
-
2023-04-14
Jesuele Barbara Angelica Faylona
acquired
-
-
15.00
-
2023-04-14
Stewart Niccole
acquired
-
-
212
chief accounting officer
2023-04-14
MOODY JOHN S
acquired
-
-
92.00
-
2023-04-14
Steele Toni S
acquired
-
-
141
-
2023-04-14
Jemley Charles
acquired
-
-
280
-
2023-04-14
Ogilvie Marran H.
acquired
-
-
413
-

1–10 of 50

William H. Lenehan
460
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.

FCPT Income Statement

2023-03-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:  
Rental revenue$ 52,197$ 46,903
Restaurant revenue7,7557,494
Total revenues59,95254,397
Operating expenses:  
General and administrative6,0555,269
Depreciation and amortization12,1769,704
Total operating expenses28,69323,705
Interest expense(9,918)(8,375)
Other income30057
Realized gain on sale1,5620
Income tax expense(48)(88)
Net income23,15522,286
Net income attributable to noncontrolling interest(31)(31)
Net Income Available to Common Shareholders$ 23,124$ 22,255
Basic net income per share (in usd per share)$ 0.27$ 0.28
Diluted net income per share (in usd per share)$ 0.27$ 0.28
Weighted average number of common shares outstanding:  
Basic (in shares)85,833,60280,195,140
Diluted (in shares)86,095,55480,346,024
Dividends declared per common share (in usd per share)$ 0.3400$ 0.3325
Revenue from Contract with Customer, Product and Service [Extensible Enumeration]Restaurant Revenue [Member]Restaurant Revenue [Member]
Property  
Operating expenses:  
Expenses$ 3,167$ 1,849
Restaurant  
Revenues:  
Restaurant revenue7,7557,494
Operating expenses:  
Expenses$ 7,295$ 6,883

FCPT Balance Sheet

2023-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Real estate investments:  
Land$ 1,124,878$ 1,115,827
Buildings, equipment and improvements1,549,4011,539,875
Total real estate investments2,674,2792,655,702
Less: Accumulated depreciation(714,686)(706,702)
Total real estate investments, net1,959,5931,949,000
Intangible lease assets, net102,113106,206
Total real estate investments and intangible lease assets, net2,061,7062,055,206
Real estate held for sale07,522
Cash and cash equivalents31,39926,296
Straight-line rent adjustment61,65061,027
Derivative assets27,88835,276
Deferred tax assets1,033988
Other assets13,82812,272
Total Assets2,197,5042,198,587
Liabilities:  
Long-term debt, net of deferred financing costs996,041995,477
Dividends payable29,20329,064
Rent received in advance12,87611,710
Derivative liabilities6589
Other liabilities25,75924,017
Total liabilities1,064,5371,060,277
Equity:  
Preferred stock, par value 0.0001 per share; 25,000,000 authorized, zero shares issued and outstanding00
Common stock, par value 0.0001 per share; 500,000,000 shares authorized, 86,088,900 and 85,637,293 shares issued and outstanding, respectively99
Additional paid-in capital1,112,9361,104,522
Retained earnings (accumulated deficit)(5,503)576
Accumulated other comprehensive income23,28530,944
Noncontrolling interest2,2402,259
Total equity1,132,9671,138,310
Total Liabilities and Equity$ 2,197,504$ 2,198,587