Four Corners Property Trust, Inc.

FCPT

US35086T1097

Commercial REITs

Market Closed - Nyse Other stock markets 04:00:02 2024-04-18 pm EDT			5-day change	1st Jan Change
22.66 ^USD	+0.40%		-3.66%	-10.43%

Apr. 11	Four Corners Property Trust, Inc. acquired Banfield Pet Hospital property in Lowa for $2.4 million.	CI
Mar. 26	Four Corners Property Trust Acquires $2 Million Property in Alabama	MT

Four Corners Property Trust : $1.6M paid for high-traffic South Carolina Popeyes property

October 01, 2020 at 09:31 am EDT

Restaurant property real estate investment trust, Four Corners Property Trust, paid $1.6 million to acquire a South Carolina Popeyes restaurant property from the Seritage Growth Properties.

The Popeyes (franchisee lease) is located within a highly trafficked and populated corridor and has a remaining term of approximately 14years. The transaction was priced at a cap rate in range with previous Four Corners Property Trust transactions, according to a press release.

With this acquisition, Four Corners Property Trust, based in Mill Valley, California, has spent $59 million for 19 properties from Seritage.

Latest news about Four Corners Property Trust, Inc.

Four Corners Property Trust, Inc. acquired Banfield Pet Hospital property in Lowa for $2.4 million.	Apr. 10	CI
Four Corners Property Trust Acquires $2 Million Property in Alabama	Mar. 26	MT
Four Corners Property Trust, Inc. acquired Heartland Dental property for $2 million.	Mar. 25	CI
Four Corners Property Trust Lands New $85 Million Term Loan	Mar. 14	MT
Four Corners Property Trust, Inc. Announces New $85 Million Term Loan Under Existing Credit Facility	Mar. 14	CI
Four Corners Property Trust Keeps Q1 Dividend at $0.345 a Share, Payable April 15 to Holders of Record March 28	Mar. 11	MT
Four Corners Property Trust, Inc. Declares Cash Dividend for the First Quarter of 2024, Payable on April 15, 2024	Mar. 11	CI
Four Corners Property Trust Appoints Patrick Wernig as CFO, Succeeding Gerry Morgan	Mar. 07	MT
Four Corners Property Trust, Inc. Announces Chief Financial Officer Changes	Mar. 07	CI
Transcript : Four Corners Property Trust, Inc., Q4 2023 Earnings Call, Feb 15, 2024	Feb. 15
Four Corners Property Trust Q4 Adjusted FFO, Revenue Rise -- Shares Up After Hours	Feb. 14	MT
Four Corners Property Trust Keeps Q4 Dividend at $0.345 a Share	Feb. 14	MT
Four Corners Property Trust, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 14	CI
Earnings Flash (FCPT) FOUR CORNERS PROPERTY TRUST Posts Q4 Revenue $65.1M	Feb. 14	MT
Four Corners Property Trust, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 14	CI
Four Corners Property Trust Acquires Primary Care Property for $9.7 Million	Feb. 14	MT
Four Corners Property Trust, Inc. acquired Baptist Medical Group primary care property for $9.7 million.	Feb. 12	CI
Raymond James Trims Four Corners Property Trust's Price Target to $28 From $29, Keeps Outperform Rating	Jan. 08	MT
Four Corners Property Trust, Inc. acquired Two Oak Street Health properties in Iowa and Louisiana for $4.2 million.	Jan. 04	CI
Four Corners Property Trust Acquires Two Popeyes Properties for $4.7 Million	Dec. 29	MT
Four Corners Property Trust Acquires Tire Discounters Property for $1.7 Million	Dec. 27	MT
Four Corners Property Trust, Inc. acquired Property in Ohio from Tire Discounters Inc. for $1.7 Million.	Dec. 25	CI
Four Corners Property Trust Lifts Quarterly Dividend to $0.3450 per Share From $0.34; Payable Jan. 12 to Shareholders of Record Dec. 29	Nov. 10	MT
Four Corners Property Trust, Inc. Declares Quarterly Cash Dividend for the Fourth Quarter of 2023, Payable on January 12, 2024	Nov. 10	CI
Four Corners Property Trust, Inc. acquired Taco Bell property in Oklahoma for $2.2 million.	Nov. 07	CI

Chart Four Corners Property Trust, Inc.

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Company Profile

Four Corners Property Trust, Inc. is a real estate investment trust (REIT) primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company's segments are real estate operations and restaurant operations. Its real estate operations segment consists of rental revenues primarily generated by leasing restaurant properties to tenants through net lease arrangements under which the tenant is primarily responsible for ongoing costs relating to the properties. Its restaurant operations segment is conducted through a taxable REIT subsidiary and consists of its Kerrow Restaurant Operating Business. It operates the Kerrow Restaurant Operating Business through Kerrow Holdings, LLC (Kerrow). The Companyâs investment portfolio includes approximately 1,111 rental properties located in 47 different states across the continental United States, comprised of 148 tenant brands. It has an aggregate leasable area of approximately 7.5 million square feet.

Sector

Commercial REITs

Calendar

2024-04-30 - Q1 2024 Earnings Release

Related indices

Russell 2000

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Ratings for Four Corners Property Trust, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

22.66 USD

Average target price

25.83 USD

Spread / Average Target

+14.00%

Consensus

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Retail REITs

Four Corners Property Trust, Inc.

Equities

FCPT

US35086T1097

Commercial REITs

Four Corners Property Trust : $1.6M paid for high-traffic South Carolina Popeyes property

EPS Revisions