Four Corners Property Trust, Inc. (FCPT) AI Stock Analysis

Four Corners Property Trust, Inc. (FCPT), based in Mill Valley, California, operates as a specialized real estate investment trust focused on acquiring and leasing properties primarily within the restaurant sector. The company's strategic objective is to expand its portfolio through the acquisition of additional real estate properties that it leases on a net basis, serving the needs of both the restaurant and retail industries. FCPT is dedicated to building a diversified portfolio of properties offering stable and predictable cash flows through long-term net leases. Structured as a REIT, it distributes at least 90% of its taxable income to shareholders.

Revenue expanded from $199.4M in FY2021 to $294.1M in FY2025, representing a 5-year revenue compound annual growth rate of 11.5%. Over that period, net income rose from $85.6M in FY2021 to $112.4M in FY2025, while diluted earnings per share shifted from $1.11 to $1.10. In FY2025, gross margin reached 95.4%, and operating margin was 55.7%. For the trailing twelve months ended June 30, 2026, revenue totaled $306.4M with a profit margin of 38.7% and EPS of $1.10. In the latest quarter ended June 30, 2026, quarterly revenue increased 7.7% year-over-year, while quarterly earnings declined 2.5%.

As of June 30, 2026, Four Corners Property Trust held $24.8M in cash and short-term investments against $1.26B in total debt, resulting in net debt of $1.23B. Total assets stood at $3.00B and shareholders' equity was $1.62B, yielding a debt-to-equity ratio of 0.78 and a current ratio of 0.34. In FY2025, the company produced $192.3M in operating cash flow and free cash flow. Cash outlays included $144.0M paid in dividends in FY2025, alongside a 5-year share count change of 43.8%.

Four Corners Property Trust trades at a trailing price-to-earnings ratio of 20.0x and a forward P/E of 20.2x, compared to 21.6x and 23.5x for the median of its US-listed Real Estate peers. Its enterprise value to EBITDA ratio is 15.6x, versus the peer group median of 14.7x, while its price-to-sales ratio of 7.9x sits above the peer median of 3.7x. Over the past year, the stock fell 3.8%, underperforming the S&P 500 (SPY) return of 16.8%. Over a 5-year span, the stock returned 0.4%, while the S&P 500 gained 83.0%.

Four Corners Property Trust pays a monthly dividend with an annualized forward dividend of $1.52 per share, representing a 6.90% dividend yield. The company has paid dividends for 11 consecutive years, though its 5-year annualized dividend growth is -1.4%. Its payout ratio is 38.2%, and its last ex-dividend date is December 31, 2026.

Wall Street coverage includes 2 Strong Buy, 2 Buy, and 5 Hold recommendations, with no Sell or Strong Sell ratings. The mean price target is $27.78, which is 26.3% above the October 16, 2026 closing price of $21.99. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $323.2M and EPS of $1.11. The company beat EPS estimates in 1 of the last 4 quarters, and the next earnings date is October 28, 2026.

This page is an AI-written research summary of Four Corners Property Trust, Inc. (FCPT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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