Four Corners Property AI Stock Analysis
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Four Corners Property (FCPT) AI Stock Analysis
Four Corners Property
(NYSE:FCPT)
FCPT scores well on financial performance and earnings-call fundamentals (strong cash generation, high occupancy/rent collection, and favorable lease renewals), with an added support from a high dividend yield. The score is held back by increased leverage and only mixed technicals (below key longer-term moving averages and slightly negative MACD).
Four Corners Property Key Performance Indicators (KPIs)
Revenue by SegmentShows how revenue is split across the company’s business lines—typically rental income from leased properties versus other property-related revenue. Reveals which segments drive growth, whether income is concentrated in a few tenants or property types, and where future cash-flow risk or upside may come from rent escalations, renewals, or new lease activity.
Real Estate Operations is the clear, steady growth engine—driven by tight occupancy, strong rent collection and disciplined acquisitions—and will likely continue to underpin AFFO growth even as leverage edges toward the company’s mid‑range. Restaurant Operations is stable but incremental, reflecting portfolio diversification into auto and medical retail. The “Other” line is erratic, signaling one‑time/timing items rather than recurring cash flow; treat it as noise and monitor the small Bahama Breeze and remaining lease expirations for short‑term variability.
The FlyFour Corners Property (FCPT) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $2.57B
- Dividend Yield
- 6.81%
- Average Volume (3M)
- 1.07M
- Price to Earnings (P/E)
- 21.5
- Beta (1Y)
- 0.15
- Revenue Growth
- 10.16%
- EPS Growth
- 0.35%
- Country
- US
- Employees
- 496
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- REIT - Retail
Four Corners Property Business Overview & Revenue Model
Company Description
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...
How the Company Makes Money
FCPT makes money primarily by collecting contractual rent from tenants under long-term net leases. Under a net lease structure, tenants are generally responsible for property operating costs such as real estate taxes, insurance, and maintenance (and...
Four Corners Property Earnings Call Summary
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.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
FCPT affirmed cash G&A guidance for 2026 of $19.2 million to $19.7 million, noting it expects to be at the bottom of the range; its stated leverage range remains 5 to 6x, $40 million remains undrawn on the $400 million term loan and the company intends to fund it by the end of the year, and it plans to repay the $50 million private note at the maturity date in December, using the $40 million remaining undrawn term loan and cash on hand. The company does not provide acquisition guidance, and its $100 million share repurchase program does not require it to buy a certain number of shares and allows it to suspend or terminate the program at any time.
Four Corners Property Financial Statement Overview
Summary
Solid overall fundamentals supported by steady revenue growth, strong profitability, and particularly strong operating/free cash flow that supports dividends. The main offset is balance-sheet risk: leverage has stepped up recently (higher debt-to-equity; leverage discussed near the top of target range), alongside some margin normalization in TTM.
Income Statement
78PositiveBalance Sheet
64PositiveCash Flow
80Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 315.93M | 294.13M | 268.07M | 250.61M | 223.19M | 199.38M |
| Gross Profit | 286.01M | 280.57M | 227.47M | 210.35M | 187.38M | 169.78M |
| EBITDA | 190.60M | 224.26M | 204.65M | 190.93M | 176.02M | 152.16M |
| Net Income | 118.59M | 112.36M | 100.47M | 95.34M | 97.77M | 85.58M |
Balance Sheet | ||||||
| Total Assets | 3.30B | 2.92B | 2.65B | 2.45B | 2.20B | 1.90B |
| Cash, Cash Equivalents and Short-Term Investments | 7.20M | 12.14M | 4.08M | 16.32M | 26.30M | 6.30M |
| Total Debt | 1.57B | 1.21B | 1.14B | 1.12B | 1.00B | 885.15M |
| Total Liabilities | 1.67B | 1.29B | 1.20B | 1.19B | 1.06B | 939.09M |
| Stockholders Equity | 1.63B | 1.63B | 1.45B | 1.26B | 1.14B | 961.67M |
Cash Flow | ||||||
| Free Cash Flow | 206.95M | 192.28M | 144.10M | 165.10M | 142.00M | 122.42M |
| Operating Cash Flow | 206.95M | 192.28M | 144.10M | 165.10M | 142.00M | 122.42M |
| Investing Cash Flow | -513.68M | -325.25M | -272.92M | -312.79M | -270.90M | -264.92M |
| Financing Cash Flow | 307.21M | 141.03M | 108.11M | 146.18M | 148.90M | 137.74M |
Four Corners Property Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FCPT, the sentiment is Positive. The current price of 23.39 is above the 20-day moving average (MA) of 22.51, above the 50-day MA of 22.45, and below the 200-day MA of 23.76, indicating a neutral trend. The MACD of 0.40 indicates Negative momentum. The RSI at 61.88 is Neutral, neither overbought nor oversold. The STOCH value of 70.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FCPT.
Four Corners Property Risk Analysis
Four Corners Property disclosed 2 risk factors in its most recent earnings report. Four Corners Property reported the most risks in the "Tech & Innovation" category.
Latest Risks Added
0 New RisksFour Corners Property Peers Comparison
Overall Rating
- FCPT70Outperform
O70Outperform
NNN69Neutral
IVT67Neutral
GTY64Neutral
ADC63Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| FCPT | 70Outperform | $2.58B | 21.46 | 7.25% | 6.81% | 10.16% | 0.35% |
| O | 70Outperform | $56.62B | 41.08 | 3.58% | 5.45% | 10.84% | 35.60% |
| NNN | 69Neutral | $8.10B | 19.62 | 8.93% | 5.89% | 7.33% | 0.21% |
| IVT | 67Neutral | $2.50B | 85.01 | 1.61% | 3.10% | 12.78% | -75.97% |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| GTY | 64Neutral | $1.93B | 17.02 | 8.93% | 6.82% | 10.63% | 27.60% |
| ADC | 63Neutral | $9.09B | 35.98 | 3.72% | 4.56% | 17.61% | 13.11% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FCPT | Four Corners Property Trust Inc | 23.39 | 0.82 | 3.65% | |
| ADC | Agree Realty Corporation | 69.80 | -0.79 | -1.12% | |
| GTY | Getty Realty | 28.43 | 2.29 | 8.78% | |
| NNN | NNN REIT | 41.40 | 2.61 | 6.73% | |
| O | Realty Income Corporation | 59.57 | 5.94 | 11.07% | |
| IVT | Inventrust Properties Corp | 31.82 | 4.61 | 16.93% |
Four Corners Property Corporate Events
Four Corners Property Trust Reports Strong Q3 2026 Results
PositiveIn its third-quarter 2026 update dated October 28, 2026, Four Corners Property Trust reported rental revenue of $75.7 million, up 13.8% year on year, and net income attributable to common shareholders of $28.8 million, flat versus the prior-year quar...
Four Corners Property Trust Secures Major Darden Lease Extensions
PositiveOn October 14, 2026, Four Corners Property Trust announced a master agreement with Darden Restaurants extending all 66 Olive Garden and LongHorn Steakhouse leases that had been set to expire in October 2027. The deal also accelerates extension option...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 01, 2026