Extrapolation is a dangerous tendency in the stock market, and Four Corners (NYSE:FCPT) seems to be priced with extrapolation in mind. The restaurant REIT has put together a strong track record of steady, medium-paced growth and with a 16X forward multiple, it seems the market is extrapolating its history. S&P Global Market Intelligence While we believe FCPT is a reasonably well-managed company, it has been operating in an easy-mode environment for most of its history. An inflection point is coming to the ...

Four Corners Property Trust (FCPT) recently announced the buyout of a Raising Cane's property, a Dollar General property and a Jiffy Lube property for $6.6 million. The move aligns with FCPT’s portfolio expansion efforts.The sites are situated in strong retail corridors in Texas and Florida. The properties are secured under long-term, triple-net leases with a weighted average term of eight years remaining. The Raising Cane’s and Dollar General properties are operated by corporates, while Jiffy Lube is a fra ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-37538 Four Corners Property Trust, Inc. (Exact name of registrant as specified in its charter) Maryland 47-4456296 (State or other jurisd ...

Four Corners Property Trust, Inc. (NYSE:FCPT) Q3 2024 Results Conference Call October 31, 2024 11:00 AM ET Company Participants Patrick Wernig - Manager, Investor Relations William Lenehan - Chief Executive Officer Joshua Zhang - Director, Acquisitions Conference Call Participants Anthony Paolone - JPMorgan John Kilichowski - Wells Fargo Mitch Germain - Citizens JMP Wesley Golladay - Baird Jim Kammert - Evercore Sean Hostert - Net Lease Observer Operator Good morning all and thank you for joining us for the ...

Four Corners Property Trust (FCPT) came out with quarterly funds from operations (FFO) of $0.43 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.42 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.43 per share when it actually produced FFO of $0.43, delivering no surprise. Over the last four quarters, the company has surpassed consensus FFO estimates two times. ...

FCPT Announces Third Quarter 2024 Financial and Operating Results MILL VALLEY, CA – October 30, 2024 / Business Wire – Four Corners Property Trust, Inc. ("FCPT" or the "Company", NYSE: FCPT) today announced financial results for the three and nine months ended September 30, 2024. Management Comments "FCPT returned to accretively growing the portfolio in the third quarter and is continuing to add to the pipeline with vigor. While we slowed acquisitions in late 2023, we remained prepared to enter the market w ...

A lot has happened since I last covered Four Corners Property Trust (NYSE: FCPT ). Then, the Company impressed me with its consecutive investment activity, which was oriented towards reducing its tenant concentration. For those unacquainted with FCPT, the Welcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I've built a rock-solid pillar in my financial foundation through dividend investing. I ...

These companies pay above-average and steadily rising dividends. Buying dividends stocks can be a great way to generate passive income. Many companies offer delectable payouts. Coca-Cola (KO -0.56%), Hormel Foods (HRL -0.98%), and Four Corners Property Trust (FCPT -0.67%) stand out for their tasty dividends. They offer above-average yielding payouts that they've steadily increased over the years, and they can help satisfy any investor's craving for more passive income. Quench your thirst for a growing incom ...

Four Corners Property Trust (FCPT) recently announced the acquisition of 19 Bloomin' Brands restaurant properties for $66.4 million. The move aligns with FCPT's portfolio expansion efforts, with real estate leased to strong credit operators. The properties comprised a total of 20 restaurants, including 10 Outback Steakhouse restaurants and 10 Carrabba's Italian Grill restaurants. The 19 properties are located throughout 10 states namely Arizona, Florida, Georgia, Kentucky, Louisiana, North Carolina, Nevada, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-37538 Four Corners Property Trust, Inc. (Exact name of registrant as specified in its charter) Maryland 47-4456296 (State or other jurisdictio ...