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Four Corners Property ( (FCPT) ) has issued an announcement.
Four Corners Property Trust reported strong first-quarter 2026 results on April 29, 2026, with rental revenue up 10% year over year to $69.8 million, net income attributable to common shareholders rising to $30.3 million, and NAREIT FFO and AFFO per diluted share increasing 4.7% and 3.4%, respectively. The company maintained robust operating metrics, collecting 99.7% of contractual base rent, keeping its 1,313-property portfolio 99.6% occupied, acquiring 10 new net-leased assets for $26.2 million, and bolstering liquidity and growth capacity with roughly $380 million of available liquidity, a 5.0x net debt-to-adjusted EBITDAre leverage ratio, and a new $200 million term loan facility to fund its investment pipeline while continuing to pay a quarterly dividend of $0.3665 per share.
The most recent analyst rating on (FCPT) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on Four Corners Property stock, see the FCPT Stock Forecast page.
Spark’s Take on FCPT Stock
According to Spark, TipRanks’ AI Analyst, FCPT is a Outperform.
The score is driven primarily by solid financial performance and a positive earnings outlook supported by very high occupancy/collections, steady AFFO growth, and conservative leverage/liquidity. Valuation is helped by the strong dividend yield, but near-term technicals are notably weak (below key moving averages with negative MACD and low RSI), tempering the overall rating.
To see Spark’s full report on FCPT stock, click here.
More about Four Corners Property
Four Corners Property Trust, Inc. is a real estate investment trust focused on the ownership, acquisition and leasing of restaurant and retail properties across the U.S. The company grows its portfolio by acquiring additional real estate under long-term net leases, targeting tenants in categories such as casual and quick-service dining, auto service and medical retail.
Average Trading Volume: 783,491
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.79B
Learn more about FCPT stock on TipRanks’ Stock Analysis page.