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Four Corners Property Trust: A Fortress Balance Sheet With Ample Growth Prospects
FCPTFour ners Property Trust(FCPT) Seeking Alpha·2024-04-17 22:07
LindaJoHeilman Introduction Four Corners Property Trust (NYSE:FCPT) has performed in line with the sector Vanguard Real Estate Index Fund ETF (VNQ) so far in 2024, resulting in a 10% stock decline so far in the year:   FCPT vs VNQ (Seeking Alpha) I think the company's current valuation with a 6% market cap rate, solid fixed-rate financial profile, and ample growth ahead creates a compelling risk-reward investment opportunity, and rank the shares a buy, with a high single-digit return potential to shareh ...