Want to see FCPT full AI Analyst Report?
Four Corners Property (FCPT) Stock Price & Analysis
FCPT Stock Chart & Stats
- Day’s Range
- $23.16 - $23.67
- 52-Week Range
- $20.86 - $26.86
- Previous Close
- $23.68
- Volume
- N/A
- Average Volume (3M)
- 1.18M
- Market Cap
- $2.57B
- Enterprise Value
- $3.96B
- Total Cash (Recent Filing)
- $7.20M
- Total Debt (Recent Filing)
- $1.57B
- Price to Earnings (P/E)
- 21.5
- Beta
- 0.17
- Next Earnings
- Feb 17, 2027 (Est.)
- EPS Estimate
- 0.29
- Next Dividend Ex-Date
- Nov 30, 2026
- Dividend Yield
- 6.80%
Bulls Say, Bears Say
Bulls Say
Strong Cash Generation
FCPT’s expanding operating and free cash flow provides a durable foundation for dividends, debt service, and selective reinvestment. Cash flow exceeding net income indicates meaningful earnings conversion, while the multi-year increase demonstrates improved capacity to support the portfolio and future capital allocation.
High Occupancy And Lease Stability
Near-full occupancy, exceptionally high rent collection, and successful Darden renewals strengthen visibility into contractual rental income. Five-year extensions with continuing escalators and no concessions reduce near-term rollover risk and support stable cash flows from strategically important properties.
Acquisition-Led Growth
Record acquisition activity and rising rental income show that FCPT can expand its asset base and recurring revenue through net-lease purchases. Portfolio diversification into medical retail and other subsectors may broaden growth opportunities while reducing reliance on a single property category.
Bears Say
Elevated Leverage
Higher leverage reduces financial flexibility and leaves less capacity to absorb weaker property performance or higher funding costs. Operating near the top of management’s 5x–6x range may require dispositions, joint ventures, or slower acquisitions, potentially limiting growth and capital-return choices.
Challenged Acquisition Economics
When acquisition yields do not adequately exceed debt and equity costs, adding properties can dilute returns rather than create value. This pressure may persist across the next several quarters, forcing FCPT to remain selective and reducing the pace at which external acquisitions contribute to earnings.
Margin Normalization
Recent margin cooling suggests that revenue growth is not translating into profitability at the same rate as before. If incremental costs, portfolio mix, or normalization continue to weigh on EBIT and EBITDA margins, future earnings and cash-flow growth could lag the expansion of rental revenue.
Four Corners Property News
FCPT FAQ
What was Four Corners Property’s price range in the past 12 months?
What is Four Corners Property’s market cap?
When is Four Corners Property’s upcoming earnings report date?
How were Four Corners Property’s earnings last quarter?
Is Four Corners Property overvalued?
Does Four Corners Property pay dividends?
What is Four Corners Property’s EPS estimate?
How many shares outstanding does Four Corners Property have?
What happened to Four Corners Property’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Four Corners Property?
What is the TipRanks Smart Score and how is it calculated?
Four Corners Property Stock Smart Score
Company Description
Four Corners Property
Four Corners Property Trust (FCPT), a real estate investment trust based in Mill Valley, California, specializes in acquiring and leasing properties primarily for restaurant operations. The company's strategy involves expanding its portfolio through the purchase of additional real estate, which it then net-leases to establishments within the restaurant and retail industries.
- Sector
- Realestate
- Industry
- REIT - Retail
- CEO
- William Howard Lenehan
- Employees
- 496
- Website
- www.fcpt.com
- Address
- 591 Redwood Highway, Mill Valley, CA, 94941-6007, US
Four Corners Property (FCPT) Earnings & Revenues
FCPT Company Deck
FCPT Earnings Call
Earnings Call SentimentPositive
The call was strongly positive overall. FCPT reported record acquisition volume, strong occupancy, rent collection, lease renewals, tenant sales growth, portfolio coverage and balance-sheet liquidity, while activating a $100 million share repurchase program. The principal challenges were weaker acquisition economics, elevated leverage near the top of the target range, a noisier quarter caused by nonrecurring items, and broader capital-market volatility. Management emphasized disciplined capital allocation and the ability to pause acquisitions or use dispositions and joint ventures when spreads are unattractive.
View all FCPT earnings summariesFCPT Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 12 | 3 | 7 |
| Technical Analysis | 3 | 3 | 4 |
| Moving Averages | 9 | 0 | 3 |









