Last 7 days
-4.9%
Last 30 days
-12.1%
Last 90 days
-12.6%
Trailing 12 Months
-6.2%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-07-14 | Brat James L | acquired | - | - | 652 | chief operations officer |
2023-07-14 | Jemley Charles | acquired | - | - | 341 | - |
2023-07-14 | Jesuele Barbara Angelica Faylona | acquired | - | - | 75.00 | - |
2023-07-14 | Lenehan William H | acquired | - | - | 1,303 | president and ceo |
2023-07-14 | Morgan Gerald R | acquired | - | - | 346 | chief financial officer |
2023-07-14 | Stewart Niccole | acquired | - | - | 213 | chief accounting officer |
2023-07-14 | Steele Toni S | acquired | - | - | 201 | - |
2023-07-14 | Tennican Elizabeth | acquired | - | - | 201 | - |
2023-07-14 | HANSEN DOUGLAS B | acquired | - | - | 60.00 | - |
2023-07-14 | MOODY JOHN S | acquired | - | - | 89.00 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Baystate Wealth Management LLC | unchanged | - | -40.00 | 900 | -% |
2023-09-20 | BARCLAYS PLC | reduced | -49.27 | -4,176,000 | 3,852,000 | -% |
2023-09-13 | CGC Financial Services, LLC | new | - | 6,934 | 6,934 | -% |
2023-09-12 | Farther Finance Advisors, LLC | reduced | -56.25 | -756 | 533 | -% |
2023-08-23 | Stonebridge Capital Advisors LLC | unchanged | - | -1,596 | 27,762 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -39.38 | -1,079,870 | 1,450,340 | 0.01% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 5.71 | - | 673,000 | 0.01% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -38.51 | -422,962 | 588,174 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -0.22 | -158,791 | 2,656,920 | -% |
2023-08-17 | Coppell Advisory Solutions LLC | new | - | 586 | 586 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Jul 10, 2023 | fmr llc | - | 0 | SC 13G/A | |
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 |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 20, 2023 | 8-K | Current Report | |
Aug 03, 2023 | 424B5 | Prospectus Filed | |
Aug 02, 2023 | 10-Q | Quarterly Report | |
Aug 01, 2023 | 8-K | Current Report | |
Jul 18, 2023 | 4 | Insider Trading | |
Jul 18, 2023 | 4 | Insider Trading | |
Jul 18, 2023 | 4 | Insider Trading | |
Jul 18, 2023 | 4 | Insider Trading | |
Jul 18, 2023 | 4 | Insider Trading | |
Jul 18, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PSA | 48.1B | 4.4B | -0.64% | -17.74% | 11.24 | 10.95 | 14.80% | 87.79% |
DLR | 36.2B | 5.1B | -8.08% | 27.74% | 84.63 | 7.06 | 13.73% | -68.04% |
EQR | 22.3B | 2.0B | -10.37% | -11.34% | 26.71 | 11.03 | -22.97% | -33.54% |
ARE | 20.0B | 2.7B | -15.04% | -27.69% | 26.64 | 7.46 | 15.16% | 88.51% |
KIM | 10.9B | 1.8B | -7.37% | -2.71% | 26.95 | 6.2 | 6.75% | -42.80% |
MID-CAP | ||||||||
FRT | 7.4B | 1.1B | -8.21% | 2.07% | 19.06 | 6.67 | 8.31% | 38.10% |
KRG | 4.7B | 820.5M | -5.31% | 29.14% | 167.36 | 5.73 | 29.95% | 125.56% |
VNO | 4.3B | 1.8B | -5.38% | 1.24% | -11.62 | 2.37 | 5.60% | -286.96% |
MAC | 2.4B | 866.2M | -6.59% | 38.48% | -26.98 | 2.72 | 0.51% | -335.26% |
SMALL-CAP | ||||||||
SLG | 2.4B | 882.0M | -3.19% | 4.43% | -5.52 | 2.77 | 11.76% | -239.94% |
SKT | 2.4B | 426.3M | -3.00% | 68.42% | 25.1 | 5.58 | 1.38% | 137.97% |
PGRE | 1.0B | 732.3M | -10.64% | -23.89% | -11.78 | 1.37 | -0.03% | -4012.90% |
AIV | 977.4M | 339.3M | -13.04% | -5.29% | -5.53 | 2.88 | 88.48% | -168.70% |
4.4%
0.6%
-2.1%
38.1%
19.6%
19.6%
Y-axis is the maximum loss one would have experienced if Four Corners Property Trust was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 2.3% | 234 | 229 | 223 | 218 | 213 | 207 | 199 | 191 | 184 | 175 | 171 | 167 | 164 | 163 | 160 | 157 | 153 | 148 | 144 | 139 | 137 |
Operating Expenses | 3.3% | 106 | 102 | 97.00 | 93.00 | 90.00 | 87.00 | 82.00 | 77.00 | 72.00 | 67.00 | 64.00 | 63.00 | 62.00 | 62.00 | 61.00 | 62.00 | 60.00 | 58.00 | 57.00 | 54.00 | 53.00 |
S&GA Expenses | 4.3% | 22.00 | 21.00 | 20.00 | 19.00 | 18.00 | 18.00 | 18.00 | 17.00 | 17.00 | 16.00 | 15.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 13.00 | 13.00 | 12.00 |
EBITDA | - | - | - | - | - | - | - | 151 | 148 | 146 | 144 | 142 | 140 | 138 | 137 | 136 | 136 | 133 | 130 | - | - | - |
EBITDA Margin | - | - | - | - | - | - | - | 0.76* | 0.77* | 0.80* | 0.82* | 0.83* | 0.84* | 0.84* | 0.84* | 0.85* | 0.86* | 0.87* | 0.88* | - | - | - |
Interest Expenses | 2.7% | 39.00 | 38.00 | 36.00 | 35.00 | 34.00 | 33.00 | 33.00 | 32.00 | 31.00 | 30.00 | 29.00 | 28.00 | 28.00 | 27.00 | 27.00 | 25.00 | 24.00 | 22.00 | 20.00 | 20.00 | 21.00 |
Earnings Before Taxes | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 83.00 | 80.00 | 82.00 |
EBT Margin | - | - | - | - | - | - | - | 0.42* | 0.43* | 0.45* | 0.47* | 0.49* | 0.50* | 0.51* | 0.51* | 0.52* | 0.53* | 0.54* | 0.56* | - | - | - |
Net Income | -4.6% | 94.00 | 99.00 | 98.00 | 99.00 | 95.00 | 87.00 | 86.00 | 82.00 | 80.00 | 79.00 | 77.00 | 76.00 | 75.00 | 75.00 | 73.00 | 75.00 | 74.00 | 84.00 | 83.00 | 80.00 | 82.00 |
Net Income Margin | -100.0% | - | 0.43* | 0.44* | 0.45* | 0.45* | 0.42* | 0.43* | 0.43* | 0.44* | 0.45* | 0.45* | 0.45* | 0.46* | 0.46* | 0.45* | - | - | - | - | - | - |
Free Cashflow | 100.0% | - | -151 | -154 | - | 129 | -143 | -145 | - | - | -124 | -139 | -123 | -125 | -133 | -100 | -36.77 | -200 | -175 | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 6.4% | 2,338 | 2,198 | 2,199 | 2,100 | 2,011 | 1,998 | 1,903 | 1,838 | 1,753 | 1,697 | 1,668 | 1,574 | 1,512 | 1,563 | 1,446 | 1,348 | 1,345 | 1,350 | 1,343 | 1,236 | 1,123 |
Cash Equivalents | -64.3% | 11.00 | 31.00 | 26.00 | 37.00 | 22.00 | 58.00 | 6.00 | 8.00 | 27.00 | 11.00 | 11.00 | 18.00 | 5.00 | 90.00 | 5.00 | 30.00 | 39.00 | 81.00 | 93.00 | 27.00 | 89.00 |
Liabilities | 1.7% | 1,083 | 1,065 | 1,060 | 1,031 | 1,019 | 1,023 | 939 | 961 | 904 | 845 | 824 | 815 | 815 | 861 | 719 | 669 | 662 | 660 | 644 | 551 | 547 |
Shareholder's Equity | 10.8% | 1,255 | 1,133 | 1,138 | 1,069 | 992 | 975 | 964 | 877 | 849 | 852 | 845 | 758 | 697 | 702 | 727 | 679 | 683 | 689 | 699 | 685 | 576 |
Retained Earnings | -129.0% | -12.60 | -5.50 | 1.00 | 7.00 | 10.00 | 8.00 | 13.00 | 16.00 | 19.00 | 23.00 | 27.00 | 30.00 | 33.00 | 36.00 | 38.00 | 41.00 | 42.00 | 44.00 | 46.00 | 44.00 | 45.00 |
Additional Paid-In Capital | 10.9% | 1,234 | 1,113 | 1,105 | 1,028 | 965 | 959 | 959 | 873 | 844 | 843 | 840 | 753 | 690 | 690 | 686 | 640 | 639 | 637 | 639 | 620 | 510 |
Shares Outstanding | 5.2% | 91.00 | 86.00 | 86.00 | 83.00 | 80.00 | 80.00 | 80.00 | 76.00 | 76.00 | 76.00 | 76.00 | 71.00 | 70.00 | 70.00 | 70.00 | 68.00 | 68.00 | 68.00 | 68.00 | 65.00 | 62.00 |
Minority Interest | -1.7% | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 4.00 | 6.00 | 6.00 | 6.00 | 6.00 | 8.00 | 8.00 | 8.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 11.9% | 162 | 145 | 142 | 138 | 129 | 125 | 122 | 120 | 114 | 106 | 91.00 | 89.00 | 87.00 | 89.00 | 105 | 96.00 | 94.00 | 92.00 | 81.00 | 85.00 | 81.00 |
Share Based Compensation | 10.0% | 6.00 | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
Cashflow From Investing | -54.0% | -366 | -238 | -270 | -224 | -271 | -275 | -264 | -298 | -239 | -224 | -229 | -248 | -213 | -224 | -207 | -127 | -289 | -246 | -247 | -220 | -43.68 |
Cashflow From Financing | 192.6% | 194 | 66.00 | 149 | 116 | 137 | 197 | 138 | 169 | 148 | 40.00 | 144 | 148 | 92.00 | 145 | 15.00 | 35.00 | 146 | 182 | 190 | 77.00 | -29.70 |
Dividend Payments | 4.5% | 117 | 111 | 108 | - | 107 | 107 | 97.00 | - | - | - | 86.00 | - | - | - | 78.00 | 77.00 | 75.00 | 72.00 | 69.00 | 66.00 | 63.00 |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues: | ||||
Rental revenue | $ 52,843 | $ 47,904 | $ 105,040 | $ 94,807 |
Restaurant revenue | 7,845 | 7,521 | 15,600 | 15,015 |
Total revenues | 60,688 | 55,425 | 120,640 | 109,822 |
Operating expenses: | ||||
General and administrative | 5,600 | 4,698 | 11,655 | 9,967 |
Depreciation and amortization | 11,817 | 10,128 | 23,993 | 19,832 |
Total operating expenses | 27,290 | 23,865 | 55,983 | 47,570 |
Interest expense | (10,051) | (9,031) | (19,969) | (17,406) |
Other income | 226 | 29 | 526 | 86 |
Realized gain on sale | 173 | 5,756 | 1,735 | 5,756 |
Income tax expense | (91) | (144) | (139) | (232) |
Net income | 23,655 | 28,170 | 46,810 | 50,456 |
Net income attributable to noncontrolling interest | (30) | (40) | (61) | (71) |
Net Income Available to Common Shareholders | $ 23,625 | $ 28,130 | $ 46,749 | $ 50,385 |
Basic net income per share (in usd per share) | $ 0.27 | $ 0.35 | $ 0.54 | $ 0.63 |
Diluted net income per share (in usd per share) | $ 0.27 | $ 0.35 | $ 0.54 | $ 0.63 |
Weighted average number of common shares outstanding: | ||||
Basic (in shares) | 87,366,335 | 80,294,804 | 86,604,202 | 80,245,247 |
Diluted (in shares) | 87,556,011 | 80,494,443 | 86,825,150 | 80,446,167 |
Dividends declared per common share (in usd per share) | $ 0.3400 | $ 0.3325 | $ 0.6800 | $ 0.6650 |
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] | Restaurant Revenue [Member] | Restaurant Revenue [Member] | Restaurant Revenue [Member] | Restaurant Revenue [Member] |
Property | ||||
Operating expenses: | ||||
Expenses | $ 2,676 | $ 1,987 | $ 5,843 | $ 3,836 |
Restaurant | ||||
Revenues: | ||||
Restaurant revenue | 7,845 | 7,521 | 15,600 | 15,015 |
Operating expenses: | ||||
Expenses | $ 7,197 | $ 7,052 | $ 14,492 | $ 13,935 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Real estate investments: | ||
Land | $ 1,187,742 | $ 1,115,827 |
Buildings, equipment and improvements | 1,641,941 | 1,539,875 |
Total real estate investments | 2,829,683 | 2,655,702 |
Less: Accumulated depreciation | (722,241) | (706,702) |
Total real estate investments, net | 2,107,442 | 1,949,000 |
Intangible lease assets, net | 114,298 | 106,206 |
Total real estate investments and intangible lease assets, net | 2,221,740 | 2,055,206 |
Real estate held for sale | 0 | 7,522 |
Cash and cash equivalents | 11,197 | 26,296 |
Straight-line rent adjustment | 62,891 | 61,027 |
Derivative assets | 27,668 | 35,276 |
Deferred tax assets | 1,037 | 988 |
Other assets | 13,448 | 12,272 |
Total Assets | 2,337,981 | 2,198,587 |
Liabilities: | ||
Term loan and revolving credit facility, net of deferred financing costs | 439,940 | 424,134 |
Senior unsecured notes, net of deferred financing costs | 571,665 | 571,343 |
Dividends payable | 30,724 | 29,064 |
Rent received in advance | 13,240 | 11,710 |
Derivative liabilities | 0 | 9 |
Other liabilities | 27,271 | 24,017 |
Total liabilities | 1,082,840 | 1,060,277 |
Equity: | ||
Preferred stock, par value 0.0001 per share; 25,000,000 authorized, zero shares issued and outstanding | 0 | 0 |
Common stock, par value 0.0001 per share; 500,000,000 shares authorized, 90,565,846 and 85,637,293 shares issued and outstanding, respectively | 9 | 9 |
Additional paid-in capital | 1,233,775 | 1,104,522 |
Retained earnings (accumulated deficit) | (12,602) | 576 |
Accumulated other comprehensive income | 31,757 | 30,944 |
Noncontrolling interest | 2,202 | 2,259 |
Total equity | 1,255,141 | 1,138,310 |
Total Liabilities and Equity | $ 2,337,981 | $ 2,198,587 |