Four Corners Property Trust Inc (NYSE: FCPT) is -0.92% lower on its value in year-to-date trading and has touched a low of $22.38 and a high of $30.93 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FCPT stock was last observed hovering at around $26.76 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $26.89, the stock is -2.73% and -4.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.4 million and changing 0.49% at the moment leaves the stock 0.68% off its SMA200. FCPT registered 6.16% gain for a year compared to 6-month gain of 6.71%. The firm has a 50-day simple moving average (SMA 50) of $28.206 and a 200-day simple moving average (SMA200) of $26.69445.
The stock witnessed a -7.82% loss in the last 1 month and extending the period to 3 months gives it a -5.72%, and is -0.92% down 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 2.19% over the week and 2.04% over the month.
Four Corners Property Trust Inc (FCPT) has around 516 employees, a market worth around $2.60B and $264.88M in sales. Current P/E ratio is 25.16 and Fwd P/E is 23.41. Profit margin for the company is 37.27%. Distance from 52-week low is 20.15% and -13.06% from its 52-week high. The company has generated returns on investments over the last 12 months (3.96%).
The EPS is expected to grow by 1.07% this year
409.0 institutions hold shares in Four Corners Property Trust Inc (FCPT), with institutional investors hold 102.90% of the company’s shares. The shares outstanding are 96.51M, and float is at 95.42M with Short Float at 3.66%. Institutions hold 101.53% 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.
