Four Corners Property Trust Inc (NYSE: FCPT) is -1.69% lower on its value in year-to-date trading and has touched a low of $22.33 and a high of $30.90 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 $26.90 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $26.68, the stock is -4.71% and -5.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing -0.82% at the moment leaves the stock -4.47% off its SMA200. FCPT registered 10.07% gain for a year compared to 6-month loss of -6.45%. The firm has a 50-day simple moving average (SMA 50) of $28.0984 and a 200-day simple moving average (SMA200) of $27.938.
The stock witnessed a -3.61% gain in the last 1 month and extending the period to 3 months gives it a -0.78%, and is -5.99% 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 6.17% over the week and 2.92% over the month.
Four Corners Property Trust Inc (FCPT) has around 536 employees, a market worth around $2.67B and $268.07M in sales. Current P/E ratio is 24.96 and Fwd P/E is 22.97. Profit margin for the company is 37.48%. Distance from 52-week low is 19.46% and -13.66% from its 52-week high. The company has generated returns on investments over the last 12 months (4.12%).
with sales reaching $67.17M over the same period.The EPS is expected to grow by 4.93% this year, but quarterly earnings will post 5.62% year-over-year. Quarterly sales are estimated to grow 1.05% in year-over-year returns.
417.0 institutions hold shares in Four Corners Property Trust Inc (FCPT), with institutional investors hold 102.27% of the company’s shares. The shares outstanding are 99.83M, and float is at 98.56M with Short Float at 6.78%. Institutions hold 100.88% 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.
