FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.
IPO Year: 2015
Exchange: NYSE
Website: fcpt.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/17/2024 | $31.00 | Equal Weight | Barclays |
| 11/14/2024 | $33.00 | Buy | UBS |
| 7/8/2024 | Mkt Perform | JMP Securities | |
| 9/21/2023 | $28.00 | Overweight | Wells Fargo |
| 11/21/2022 | $28.00 | Outperform → In-line | Evercore ISI |
| 9/13/2022 | $31.00 | Outperform | Evercore ISI |
| 8/2/2022 | $31.00 → $30.00 | Buy → Hold | Berenberg |
| 8/1/2022 | $30.00 | Buy → Neutral | Janney |
| 6/23/2022 | $26.00 | Neutral | Credit Suisse |
| 10/28/2021 | $30.00 → $32.00 | Outperform | Raymond James |
Barclays initiated coverage of Four Corners Property Trust with a rating of Equal Weight and set a new price target of $31.00
UBS initiated coverage of Four Corners Property Trust with a rating of Buy and set a new price target of $33.00
JMP Securities initiated coverage of Four Corners Property Trust with a rating of Mkt Perform
Wells Fargo initiated coverage of Four Corners Property Trust with a rating of Overweight and set a new price target of $28.00
Evercore ISI downgraded Four Corners Property Trust from Outperform to In-line and set a new price target of $28.00
Evercore ISI resumed coverage of Four Corners Property Trust with a rating of Outperform and set a new price target of $31.00
Berenberg downgraded Four Corners Property Trust from Buy to Hold and set a new price target of $30.00 from $31.00 previously
Janney downgraded Four Corners Property Trust from Buy to Neutral and set a new price target of $30.00
Credit Suisse initiated coverage of Four Corners Property Trust with a rating of Neutral and set a new price target of $26.00
Raymond James reiterated coverage of Four Corners Property with a rating of Outperform and set a new price target of $32.00 from $30.00 previously
4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)
4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)
4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)
144 - Four Corners Property Trust, Inc. (0001650132) (Subject)
8-K - Four Corners Property Trust, Inc. (0001650132) (Filer)
SCHEDULE 13G/A - Four Corners Property Trust, Inc. (0001650132) (Subject)
10-Q - Four Corners Property Trust, Inc. (0001650132) (Filer)
8-K - Four Corners Property Trust, Inc. (0001650132) (Filer)
DEFA14A - Four Corners Property Trust, Inc. (0001650132) (Filer)
DEF 14A - Four Corners Property Trust, Inc. (0001650132) (Filer)
8-K - Four Corners Property Trust, Inc. (0001650132) (Filer)
8-K - Four Corners Property Trust, Inc. (0001650132) (Filer)
424B5 - Four Corners Property Trust, Inc. (0001650132) (Filer)
4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)
4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)
4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)
4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)
4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)
4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)
4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)
4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)
4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)
4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of six Novant Health Urgent Care properties for $12.0 million. The properties are located in highly trafficked corridors in South Carolina and are corporate operated under long-term, triple net leases. The transaction was priced at a cap rate in range with previous FCPT transactions. Novant Health is an integrated network of more than 900 locations, including 19 hospitals, more than 750 physician clinics and urgent care centers, outpatient fac
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a LongHorn Steakhouse property for $2.5 million. The property is located in a highly trafficked corridor in Michigan and is corporate-operated under a long term, triple net lease with approximately seven years of term remaining. The transaction was priced at a 6.5% cap rate on rent as of the closing date and exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engag
Conference Call and Webcast Scheduled for Wednesday, July 30, 2025, at 12:00 p.m. Eastern Time Four Corners Property Trust (NYSE:FCPT), a real estate investment trust (REIT) primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), announced today that it will release financial results for the three and six months ended June 30, 2025, after the market close on Tuesday, July 29, 2025. A conference call and audio webcast with analysts and investors will be held on Wednesday, July 30, at 12:00 p.m. Eastern Time, to discuss the results. Details for the call are listed below. Second Quarter Conference Call Detai
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of four Cheddar's Scratch Kitchen properties for $14.7 million. The properties are located in strong retail corridors in Kentucky (2), Indiana (1), and Virginia (1). The properties are each corporate-operated and under long-term triple net leases. The transaction was priced at a cap rate in range with previous FCPT transactions. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the owne
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a portfolio of automotive service properties for $4.7 million from VIVE Collision via sale leaseback. VIVE Collision operates more than 60 locations across nine states in the Northeast, with a focus on advanced repair capabilities, technician development and best-in-class service. The properties are located in strong retail corridors in Maine and Vermont and corporate-operated under long-term, triple net leases with approximately 20 years of
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of an Olive Garden property for $4.1 million. The property is located in a strong retail corridor in North Carolina and corporate-operated under a long-term triple net lease. The transaction was priced at a cap rate in range with previous FCPT transactions. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The C
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a Tires Plus property for $1.7 million. The property is located in a highly trafficked corridor in Georgia and corporate-operated under a triple net lease with approximately three years of term remaining. The transaction was priced at a 7.4% cap rate on rent as of the closing date and exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acq
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of an automotive service property leased to a national operator for $5.8 million. The property is newly constructed and located in a highly trafficked corridor in Texas and under a corporate long term triple net lease. The transaction was priced at a 6.8% cap rate on rent as of the closing date and exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the own
Four Corners Property Trust, Inc. (NYSE:FCPT) today announced that its Board of Directors declared a quarterly cash dividend of $0.3550 per share (equivalent to $1.42 per share per annum) for the second quarter of 2025. The dividend is payable on July 15, 2025, to shareholders of record as of June 30, 2025. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. Additional information about FCPT can be found on the
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of an automotive service property leased to a national operator for $5.3 million. The property is newly constructed and located in a highly trafficked corridor in Arkansas and under a corporate long term triple net lease. The transaction was priced at a 6.8% cap rate on rent as of the closing date and exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the
In its March 6, 2025 announcement, Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), disclosed that John S. Moody would not stand for re-election to the Board of Directors of the Company (the "Board") at the 2025 Annual Meeting of Stockholders (the "2025 Annual Meeting") and Douglas B. Hansen would succeed Mr. Moody as Chair of the Board pending his re-election at the 2025 Annual Meeting. On June 5, 2025, Mr. Hansen was re-elected to the Board and appointed as Chair, effective immediately. Bill Lenehan, Chief Executive Officer of
BRADENTON, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the appointment of Charles Jemley to its Board of Directors and as Chair of the Audit Committee effective immediately and the appointment of Michael Fleisher to its Board of Directors effective November 1, 2024. "We are pleased to welcome Charley and Michael to our Board of Directors, and we look forward to leaning on their extensive financial management expertise as we continue to scale the First Watch brand," said Ralph Alvarez, Chairman of the Board of Directors of Fi
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), announced today that it plans to promote Patrick Wernig, Managing Director of Acquisitions, to Chief Financial Officer subject to his appointment by the Board of Directors (the "Board"). Mr. Wernig, following a transitional period and subject to his appointment by the Board, will succeed Gerry Morgan as Chief Financial Officer subsequent to the release of the Company's financial results for the quarter ending March 31, 2024. Mr. Morgan will retire effective May 3, 2024, and assume an interim advis
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), announced today that Barbara Jesuele has been appointed to the Company's Board of Directors (the "Board"), effective March 9, 2023. Bill Lenehan, CEO of FCPT, said, "I couldn't be more excited to have Barbara join our Board. She brings a fresh perspective on real estate investment at a pivotal time in FCPT's growth. I look forward to working with her for many years to come." Barbara Jesuele serves as the Deputy Chief Investment Officer at J. Paul Getty Trust ("Getty"). She has worked at Getty for
SC 13G/A - Four Corners Property Trust, Inc. (0001650132) (Subject)
SC 13G/A - Four Corners Property Trust, Inc. (0001650132) (Subject)
SC 13G/A - Four Corners Property Trust, Inc. (0001650132) (Subject)
SC 13G/A - Four Corners Property Trust, Inc. (0001650132) (Subject)
SC 13G/A - Four Corners Property Trust, Inc. (0001650132) (Subject)
SC 13G/A - Four Corners Property Trust, Inc. (0001650132) (Subject)
SC 13G/A - Four Corners Property Trust, Inc. (0001650132) (Subject)
SC 13G/A - Four Corners Property Trust, Inc. (0001650132) (Subject)
SC 13G/A - Four Corners Property Trust, Inc. (0001650132) (Subject)
SC 13G/A - Four Corners Property Trust, Inc. (0001650132) (Subject)
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of six Novant Health Urgent Care properties for $12.0 million. The properties are located in highly trafficked corridors in South Carolina and are corporate operated under long-term, triple net leases. The transaction was priced at a cap rate in range with previous FCPT transactions. Novant Health is an integrated network of more than 900 locations, including 19 hospitals, more than 750 physician clinics and urgent care centers, outpatient fac
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a LongHorn Steakhouse property for $2.5 million. The property is located in a highly trafficked corridor in Michigan and is corporate-operated under a long term, triple net lease with approximately seven years of term remaining. The transaction was priced at a 6.5% cap rate on rent as of the closing date and exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engag
Conference Call and Webcast Scheduled for Wednesday, July 30, 2025, at 12:00 p.m. Eastern Time Four Corners Property Trust (NYSE:FCPT), a real estate investment trust (REIT) primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), announced today that it will release financial results for the three and six months ended June 30, 2025, after the market close on Tuesday, July 29, 2025. A conference call and audio webcast with analysts and investors will be held on Wednesday, July 30, at 12:00 p.m. Eastern Time, to discuss the results. Details for the call are listed below. Second Quarter Conference Call Detai
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of four Cheddar's Scratch Kitchen properties for $14.7 million. The properties are located in strong retail corridors in Kentucky (2), Indiana (1), and Virginia (1). The properties are each corporate-operated and under long-term triple net leases. The transaction was priced at a cap rate in range with previous FCPT transactions. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the owne
SURMOUNT, a leading full-service net lease real estate advisory and investment platform, is proud to announce that it served as the exclusive real estate advisor to VIVE Collision in the successful sale-leaseback of a portfolio of automotive service properties to Four Corners Property Trust (NYSE:FCPT) for $4.7 million. This portfolio includes well‑located facilities in prime retail corridors across Maine and Vermont, all leased back under triple‑net leases with 20 years of term remaining. VIVE Collision, now operates over 60 locations across nine states in the Northeast and has been recognized for as one of the fastest-growing auto body repair platforms in the country. This transaction
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a portfolio of automotive service properties for $4.7 million from VIVE Collision via sale leaseback. VIVE Collision operates more than 60 locations across nine states in the Northeast, with a focus on advanced repair capabilities, technician development and best-in-class service. The properties are located in strong retail corridors in Maine and Vermont and corporate-operated under long-term, triple net leases with approximately 20 years of
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of an Olive Garden property for $4.1 million. The property is located in a strong retail corridor in North Carolina and corporate-operated under a long-term triple net lease. The transaction was priced at a cap rate in range with previous FCPT transactions. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The C
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a Tires Plus property for $1.7 million. The property is located in a highly trafficked corridor in Georgia and corporate-operated under a triple net lease with approximately three years of term remaining. The transaction was priced at a 7.4% cap rate on rent as of the closing date and exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acq
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of an automotive service property leased to a national operator for $5.8 million. The property is newly constructed and located in a highly trafficked corridor in Texas and under a corporate long term triple net lease. The transaction was priced at a 6.8% cap rate on rent as of the closing date and exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the own
In its March 6, 2025 announcement, Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), disclosed that John S. Moody would not stand for re-election to the Board of Directors of the Company (the "Board") at the 2025 Annual Meeting of Stockholders (the "2025 Annual Meeting") and Douglas B. Hansen would succeed Mr. Moody as Chair of the Board pending his re-election at the 2025 Annual Meeting. On June 5, 2025, Mr. Hansen was re-elected to the Board and appointed as Chair, effective immediately. Bill Lenehan, Chief Executive Officer of