Analysts From Major Brokerage Firms Release Report On Four Corners Property Trust Inc. (FCPT)

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The stock of Four Corners Property Trust Inc. (NYSE:FCPT) decreased by -$0.31 on Wednesday to $26.67, down -1.13 percent. The last five days have seen an average of 594,872 shares of common stock traded. 5 times new highs were reached in the current year, with a fall of -$2.66. The average number of shares traded over the last 20 days was 514,818, while the average volume over the last 50 days totaled 481,543.

FCPT stock appreciated 13.03% since last month. On 10/24/22, the company’s shares reached a one-month low of $23.71. The stock touched a high of $30.13 on 04/22/22, after rallying from a low of $22.67 in 52 weeks. The price of FCPT stock has declined by -8.26% or -$2.66 this year, reaching a new high 5 times. Still, the stock price is down -11.47% from the 52-week high.


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Insider Transactions

FCPT stock investors should be aware that Four Corners Property Trust Inc. (FCPT) stock had its last reported insider trading activity 239 days ago on Mar 29. On Mar 29, Director HANSEN DOUGLAS B acquired 1,000 shares at $26.83 each. This transaction resulted in the insider spending $26,830. On Mar 29, HANSEN DOUGLAS B sold 1,000 shares at a price of US$26.80. After the transaction, the insider now owns 40,170 shares. Director MOODY JOHN S had earlier bought 7,430 shares on Mar 07 for $26.87 a share. The transaction was completed for $199,644.

Valuation Metrics

Four Corners Property Trust Inc. (FCPT) has a trailing price-to-earnings (P/E) ratio of 22.01. Beta for the stock is 0.88. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 10.22, the price-to-book (PB) ratio of 2.07.

Company paid $0.34 per share in dividends, an increase of 2.1% from $0.3330 last year. A $0.0070 dividend increase was reported on Monday November 14 2022.

Financial Health

The company’s long-term debt to equity ratio for the quarter ending September 29 is 0.91, and the total debt to equity ratio is 0.91. Four Corners Property Trust Inc.’s operating margin stood at 57.30% for the same period. Based on annual data, it had gross profit of $117.3 million and revenue of $199.38 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. FCPT’s return on assets (ROA) during the last 12 months has been 4.90%. There was a 6.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 9.90%.

Earnings Surprise

According to Four Corners Property Trust Inc.’s quarterly financial report for the quarter that ended September 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $56.01 million, while revenues rose by 9.46% to $55.43 million. It was predicted that Four Corners Property Trust Inc.’s quarterly earnings would be $0.3, but it ended up being $0.28, beating the consensus by 7.10%. EBITDA was $42.8 million for the quarter. At the end of Four Corners Property Trust Inc.’s most recent quarter ended September 29, its total debt was $972.25 million. Equity owned by shareholders amounts to $83.89 million.

Technical Picture

Here’s a quick look at Four Corners Property Trust Inc.’s (FCPT) price momentum from a technical perspective. As of 22 November, the RSI 9-day stood at 56.48%, suggesting the stock is Neutral, with a 24.19% historical volatility rate.

The stochastic %K and %D were 63.70% and 69.47% respectively, while the average true range (ATR) was 0.59. Based on the 14-day stochastic reading of 44.05%, the RSI (14) reading is 58.32%. On the 9-day MACD Oscillator, the stock is at 0.03, and the 14-day reading is at 0.13.

Analyst Ratings

Four Corners Property Trust Inc. (NYSE: FCPT) was downgraded by Evercore ISI to a an In-line rating in its latest research report. The stock was previously rated as a an Outperform. Analysts have assigned Four Corners Property Trust Inc. (FCPT) an Hold rating. FCPT is a stock that is recommended for selling by 0 brokerage firms, while 5 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 0 others recommend it as a buy.

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