Four Corners Property Trust Inc. (FCPT): Quarterly performance is up by 18.07% for FCPT


Four Corners Property Trust Inc. (NYSE:FCPT) changes shares on Tuesday trading session, with a change of 0.81% or $0.2 shares. The trading starts at $24.48 and closed at $24.56 throughout the day. The trading session low price was $24.48 and day high was $25.10 on Tuesday, August 04. After the session, the Real Estate sector daily volume shifted to 0.31 million while its average volume is 720.28K. In other hand, the FCPT market cap reached to $1.68B. While, its current target price is $26.40.

On April 25, 2018, BRIEF-FCPT Q1 Adjusted FFO Per Share $0.34. According to the news reported on Reuters, * FCPT ANNOUNCES FIRST QUARTER 2018 FINANCIAL AND OPERATING RESULTS

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 4.08% and up 1.81% for month. Its quarterly performance was 18.07% above, while its half year performance is down -19.08%. FCPT yearly performance stood at negative -7.78% and fall -12.17% for year-to-date. Current recommendation for Four Corners Property Trust Inc. is 2.30.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. FCPT EPS (TTM) for 12-month is 1.08. EPS for this year is -17.30%, while for the next year its value is 1.16. Its EPS Q/Q reached 7.20%. It has an EPS of -22.33% down for past five years.

Let’s take a look on the analyst recommendations on FCPT for the current month and previous month. For the current month, 3 of 7 analysts recommend stock as Buy while 0 as Sell, 2 as overweight, 0 as underweight and 2 as Hold. As compared with the previous month ratings, 6 analysts participate in stock recommendation. Out of 6, 0 rated it sell, 3 rated it as Buy and 2 as Hold Ratings. On the other hand, target price ranges from $25.00 – $29.00. Average target price for FCPT was reached at $27.17.

Blackrock Inc., Vanguard Group, Inc. (The) and FMR, LLC are the top three holders in Four Corners Property Trust Inc. (FCPT) stock. On Mar 30, 2020, Blackrock Inc. has 13.11 million shares which valued 245.34 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 8.43 million shares which valued at 157.69 million. On Mar 30, 2020, FMR, LLC has a total of 5.77 million shares which valued at 108.04 million. In the end, FMR, LLC have 8.21% shares outstanding of Four Corners Property Trust Inc. (FCPT) on Mar 30, 2020. The insider ownership moved to 1.00% and institutional holding shifted to 96.40%.

The company posted an EPS (TTM) of 1.08. According to the most recent quarter report on (Sep 2020), 3 analysts estimated an average EPS of 0.26, while 0.27 EPS posted a year ago period. Analyst Estimated EPS for FCPT published in the report was $0.26 – $0.26 during the same period. Comparing with last year, the average estimated EPS was 0.27 which is higher than 0.26 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for FCPT fall -1.25% for period of 200 days. SMA for 50 days was 5.29% which is showing green signal, while SMA-20 was 5.69%. The moving average value for Four Corners Property Trust Inc. (FCPT) is 23.79 and 23.74 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in FCPT stock. On May 15, Morgan Gerald R, Chief Financial Officer, bought 1,366 trading shares at the cost of $18.28, which valued at 24970.0. On May 15, Stewart Niccole, Chief Accounting Officer, bought 53 shares at the cost of $18.76, with total shares of 11,118. On May 14, Lenehan William H, President and CEO, bought 11,300 shares at the cost of 17.79. After this transaction, Lenehan William H total shares reached to 342,253 which valued at 0.2 million.