Four Corners Property Trust Inc (NYSE: FCPT) is 18.50% higher on its value in year-to-date trading and has touched a low of $20.51 and a high of $30.93 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FCPT stock was last observed hovering at around $30.62 in the last trading session, with the day’s loss setting it -0.64%.
Currently trading at $29.98, the stock is 3.87% and 8.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing -2.09% at the moment leaves the stock 19.56% off its SMA200. FCPT registered 24.04% gain for a year compared to 6-month gain of 22.62%.
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The stock witnessed a 11.49% loss in the last 1 month and extending the period to 3 months gives it a 22.67%, and is 0.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.25% over the week and 1.72% over the month.
Four Corners Property Trust Inc (FCPT) has around 516 employees, a market worth around $2.78B and $262.93M in sales. Current P/E ratio is 28.13 and Fwd P/E is 26.56. Profit margin for the company is 37.01%. Distance from 52-week low is 46.17% and -3.07% from its 52-week high. The company has generated returns on investments over the last 12 months (4.02%).
The EPS is expected to grow by 1.82% this year
374.0 institutions hold shares in Four Corners Property Trust Inc (FCPT), with institutional investors hold 99.72% of the company’s shares. The shares outstanding are 91.62M, and float is at 91.35M with Short Float at 3.72%. Institutions hold 98.34% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 16.96 million shares valued at $418.31 million. The investor’s holdings represent 18.469 of the FCPT Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 10.66 million shares valued at $263.05 million to account for 11.6141 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 10.65 million shares representing 11.5963 and valued at over $262.64 million, while STATE STREET CORP holds 5.8488 of the shares totaling 5.37 million with a market value of $134.28 million.
Four Corners Property Trust Inc (FCPT) Insider Activity
The most recent transaction is an insider sale by MOODY JOHN S, the company’s Director. SEC filings show that MOODY JOHN S sold 7,230 shares of the company’s common stock on Jun 12 ’24 at a price of $24.56 per share for a total of $0.18 million. Following the sale, the insider now owns 61108.0 shares.
Four Corners Property Trust Inc disclosed in a document filed with the SEC on Jun 10 ’24 that Lenehan William H (President and CEO) bought a total of 6,230 shares of the company’s common stock. The trade occurred on Jun 10 ’24 and was made at $24.05 per share for $0.15 million. Following the transaction, the insider now directly holds 0.62 million shares of the FCPT stock.
Still, SEC filings show that on Nov 07 ’23, HANSEN DOUGLAS B (Director) acquired 4,950 shares at an average price of $21.74 for $0.11 million. The insider now directly holds 2,650 shares of Four Corners Property Trust Inc (FCPT).
