Four Corners Property (FCPT) AI Stock Analysis

• Market Cap: $2.45B
• Dividend Yield: 6.06%
• Average Volume (3M): 635.01K
• Price to Earnings (P/E): 22.0
• Beta (1Y): 0.34
• Revenue Growth: 8.28%
• EPS Growth: 1.49%
• Country: US
• Employees: 536
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): 0.28
• Shares Outstanding: 104,464,310
• 10 Day Avg. Volume: 471,336
• 30 Day Avg. Volume: 635,010
• PEG Ratio: -27.32
• Price to Book (P/B): 1.75
• Price to Sales (P/S): 9.48
• P/FCF Ratio: 17.64
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $28.40
• Price Target Upside: 21.11% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 68 Neutral
• Price Target: $26.00 ▲(10.87% Upside)

Four Corners Property Trust's overall stock score is driven by strong financial performance and positive earnings call sentiment. However, technical indicators suggest a bearish trend, and cash flow challenges pose potential risks. The attractive dividend yield partially offsets valuation concerns.

Positive Factors

Strong Tenant Relationships

Robust tenant performance indicates FCPT's alignment with successful brands, ensuring stable rental income and reducing vacancy risks.

Diversified Portfolio

Diversification across sectors like automotive and medical retail reduces dependency on any single industry, enhancing revenue stability.

Strong Capital Position

A strong capital position with low leverage and ample liquidity supports future growth opportunities and resilience against economic fluctuations.

Negative Factors

Revenue Growth Slowdown

Slowing revenue growth and declining free cash flow may limit FCPT's ability to invest in new opportunities, affecting long-term expansion.

Challenging Deal-Making Environment

Uncertainty in acquisitions due to a challenging deal-making environment could impact FCPT's growth strategy and asset expansion.

Sector Competition

Rising competition for net lease properties may drive up acquisition costs, potentially squeezing margins and affecting profitability.

Four Corners Property Business Overview & Revenue Model

Company 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.

How the Company Makes Money

FCPT generates revenue primarily through leasing its properties to tenants under long-term, net lease agreements, which typically require tenants to cover property expenses such as taxes, insurance, and maintenance. This structure allows FCPT to benefit from stable, predictable cash flow while minimizing operational costs. The company's revenue model is further bolstered by its strategic focus on acquiring properties leased to strong creditworthy tenants, which helps ensure timely rent payments. Significant partnerships with established brands and a commitment to portfolio diversification also contribute to its earnings, reducing risk and enhancing revenue stability.

Four Corners Property Financial Statement Overview

Summary

Four Corners Property exhibits strong profitability and a stable financial position, supported by high margins and a balanced leverage ratio. However, revenue growth has slowed and free cash flow has declined, indicating potential challenges in sustaining growth momentum.

Income Statement

Four Corners Property has demonstrated consistent revenue growth, with a TTM revenue growth rate of 2.33%. The company maintains strong profitability metrics, including a high gross profit margin of 90.54% and a net profit margin of 37.87% in the TTM period. EBIT and EBITDA margins are also robust at 56.10% and 76.41%, respectively. These figures indicate effective cost management and operational efficiency. However, the slight decrease in revenue growth compared to previous years suggests a potential slowdown in growth momentum.

Balance Sheet

The company's balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.82, indicating a balanced approach to leveraging. The return on equity (ROE) is 7.41%, which, while positive, shows a slight decline from previous years, suggesting room for improvement in generating returns for shareholders. The equity ratio of 53.63% indicates a solid equity base relative to total assets, contributing to financial stability.

Cash Flow

Four Corners Property's cash flow analysis shows a significant decline in free cash flow growth, down by 54.29% in the TTM period, which could impact future investment capabilities. However, the operating cash flow to net income ratio of 1.21 and a free cash flow to net income ratio of 1.0 indicate that the company is generating sufficient cash flow relative to its net income, ensuring operational sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	286.80M	268.07M	250.61M	223.19M	199.38M	170.94M
Gross Profit	266.33M	227.47M	210.35M	187.38M	169.78M	151.35M
EBITDA	269.92M	204.65M	158.96M	167.88M	152.16M	136.48M
Net Income	109.10M	100.47M	95.34M	97.77M	85.58M	77.33M
Balance Sheet
Total Assets	2.83B	2.65B	2.45B	2.20B	1.90B	1.67B
Cash, Cash Equivalents and Short-Term Investments	6.72M	4.08M	16.32M	26.30M	6.30M	11.06M
Total Debt	1.21B	1.14B	1.12B	1.00B	883.21M	759.94M
Total Liabilities	1.30B	1.20B	1.19B	1.06B	939.09M	823.68M
Stockholders Equity	1.54B	1.45B	1.26B	1.14B	961.67M	841.44M
Cash Flow
Free Cash Flow	-61.91M	144.10M	165.10M	142.00M	122.42M	91.46M
Operating Cash Flow	33.41M	144.10M	165.10M	142.00M	122.42M	91.46M
Investing Cash Flow	-136.15M	-272.92M	-312.79M	-270.90M	-264.92M	-229.07M
Financing Cash Flow	62.33M	108.11M	146.18M	148.90M	137.74M	143.60M

Four Corners Property Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 23.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FCPT, the sentiment is Negative. The current price of 23.45 is below the 20-day moving average (MA) of 24.21, below the 50-day MA of 24.71, and below the 200-day MA of 26.14, indicating a bearish trend. The MACD of -0.15 indicates Positive momentum. The RSI at 31.79 is Neutral, neither overbought nor oversold. The STOCH value of 23.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FCPT.

Four Corners Property Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTY	―	$1.60B	21.99	7.54%	6.83%	8.17%	9.96%
WSR	―	$1.23B	18.64	7.97%	4.42%	4.04%	107.96%
NTST	―	$1.81B	11,052.94	0.02%	4.32%	19.92%	―
FCPT	―	$2.45B	22.02	7.56%	6.06%	8.28%	1.49%
Sector *	―	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
IVT	―	$2.14B	18.64	6.65%	3.41%	9.36%	1433.20%
AKR	―	$5.00B	152.23	0.74%	4.14%	8.85%	27.38%

Four Corners Property Corporate Events

Four Corners Property Trust Reports Strong Q3 2025 Results

Four Corners Property Trust Inc. (FCPT) is a real estate investment trust focused on the ownership, acquisition, and leasing of restaurant and retail properties across the United States. The company primarily operates in the retail real estate sector, providing long-term net leases to nationally recognized brands.

Four Corners Property Reports Strong Q3 2025 Results

Four Corners Property Trust announced its third-quarter 2025 financial results, reporting a 12.2% increase in rental revenue to $66.5 million compared to the previous year. The company acquired $82 million worth of properties in the quarter, maintaining a strong portfolio growth with a focus on disciplined deal sourcing. FCPT’s portfolio consists of 1,273 properties across 48 states, with a high occupancy rate of 99.5%. The company declared a dividend of $0.3550 per common share for the quarter and reported significant liquidity with $490 million available. The results reflect the company’s strategic growth and low leverage profile, positioning it well for future expansion.

The most recent analyst rating on (FCPT) stock is a Hold with a $27.00 price target. To see the full list of analyst forecasts on Four Corners Property stock, see the FCPT Stock Forecast page.

No Recent Events for Four Corners Property

On November 7, 2022, Four Corners Property Trust, Inc. filed a Registration Statement with the SEC, which includes updated U.S. federal income tax considerations related to its REIT status. The company emphasizes the complexities and potential changes in tax laws that could impact its qualification and taxation as a REIT, affecting stakeholders’ tax consequences.

The most recent analyst rating on (FCPT) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on Four Corners Property stock, see the FCPT Stock Forecast page.

Four Corners Property Trust Reports Robust Q2 2025 Results

Four Corners Property Trust, Inc. (FCPT) is a real estate investment trust that focuses on owning, acquiring, and leasing restaurant and retail properties across the United States.

Four Corners Property Trust’s Positive Earnings Call Highlights

The recent earnings call for Four Corners Property Trust Inc. (FCPT) painted a generally positive picture, underscoring strong acquisition volumes, financial growth, and diversification achievements. However, the discussion was not without its concerns, particularly regarding acquisition pricing and potential economic impacts that could affect future performance.