Four Corners Property ( (FCPT) ) has issued an update.
In March 2025, Four Corners Property Trust announced its strategic financial and operational achievements, including the acquisition of 64 properties for $199 million at a 7.1% cap rate and the extension of its credit facility. The company has maintained high rent collection rates and continues to diversify its portfolio, reducing reliance on major brands like Olive Garden and LongHorn. Despite market volatility and macroeconomic uncertainties under the new administration, FCPT has positioned itself as a stable entity with significant liquidity and a defensive portfolio, avoiding sectors with higher risk exposure.
More about Four Corners Property
Four Corners Property Trust, Inc. (FCPT) operates in the real estate investment trust (REIT) sector, focusing on net lease properties primarily in the restaurant, auto service, and medical retail industries. The company emphasizes a diversified portfolio with a strong presence in high-density retail corridors, aiming to maintain a low-risk profile by avoiding higher-risk tenants such as pharmacies and big box retailers.
YTD Price Performance: 4.40%
Average Trading Volume: 725,764
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $2.8B
Learn more about FCPT stock on TipRanks’ Stock Analysis page.