Stocks · Real Estate · REIT - Retail
Four Corners Property Trust, Inc. FCPT
$21.55 +0.61% Close, Oct 2, 2026 · NYSE · Market cap $2.37B
High qualityLow risk
Next earnings report: Oct 27, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- At 19.4× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- Net debt is 5.3× EBITDA, a high level of leverage.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 41%
- EPS growth (TTM, YoY)Bottom 43%
- FCF growth (TTM, YoY)Top 34%
- Revenue growth, 3-year CAGRTop 30%
- Revenue growth accelerationBottom 33%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 32%
- Gross marginTop 4%
- Operating marginTop 14%
- Cash conversion (OCF / net income)Bottom 46%
- Accruals (lower is better)Bottom 40%
- Net debt / EBITDA (lower is better)Top 43%
- Interest coverTop 16%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 27%
- Free-cash-flow yieldTop 32%
- EBITDA / enterprise valueTop 49%
- Sales / enterprise valueBottom 30%
- P/E vs own 5-year history (lower is better)Top 9%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 50%
- 6-month returnBottom 34%
- 1-year return vs S&P 500Bottom 40%
- Distance from 52-week highTop 48%
- Trend checklist (0–4)Bottom 22%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 38%
- Consecutive EPS beatsBottom 18%
- Share of analysts rating BuyBottom 23%
- Upside to consensus price targetTop 34%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 21%
- Maximum drawdown, 3 yearsTop 32%
- Beta vs S&P 500 (lower is better)Top 17%
- Net debt / EBITDA (lower is better)Top 43%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 10.2% | 9.6% | ↓ |
| EPS growth (YoY) | 4.7% | 2.8% | ↓ |
| Gross margin | 90.5% | 92.9% | ↑ |
| Operating margin | 55.7% | 55.7% | ↓ |
| FCF margin | 61.6% | 63.6% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 9.6% | 10.2% | ↓ | Top 41% |
| EPS growth (TTM, YoY) | 2.8% | 4.7% | ↓ | Bottom 43% |
| Gross margin | 92.9% | 90.5% | ↑ | Top 4% |
| Operating margin | 55.7% | 55.7% | ↓ | Top 14% |
| Net margin | 38.7% | 37.9% | ↑ | — |
| Free-cash-flow margin | 63.6% | 61.6% | ↑ | — |
| Return on invested capital | 5.9% | — | Top 32% | |
| Revenue growth, 3-year CAGR | 9.6% | — | Top 30% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.64×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -2.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 3.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -9.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.26×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 3.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 6.47%
- Net buyback yield (TTM)
- -8.56%
- Shareholder yield
- -2.09%
- Share count change, 1 year
- +9.1%
- Share count change, 3-year CAGR
- +7.8%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 0 of 8
- Average EPS surprise, last 4
- -4.8%
- Average 2-day reaction, last 8
- -0.2%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $28.50
- Target vs current price
- +32.3%
- Analysts with a rating
- 15
- Share rating Buy or Strong Buy
- 33%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | -8.3% | +1.3% | -3.2% | -2.5% | — |
| Apr 29, 2026 | -5.8% | -0.8% | -1.5% | -2.2% | +2.2% |
| Feb 11, 2026 | -3.4% | -0.4% | -2.4% | +0.5% | +0.5% |
| Oct 28, 2025 | -1.7% | -2.0% | -0.9% | -1.6% | +0.4% |
| Jul 29, 2025 | +0.0% | +1.3% | -1.8% | -1.8% | -5.8% |
| Apr 30, 2025 | -4.9% | +0.4% | +0.1% | -2.4% | -4.9% |
| Feb 12, 2025 | -3.6% | -0.7% | -0.9% | -1.0% | -1.3% |
| Oct 30, 2024 | -2.7% | -0.7% | -0.7% | +4.8% | -1.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $0.27 | $0.29 | -8.3% | $78.4M |
| Apr 29, 2026 | $0.28 | $0.30 | -5.8% | $78.2M |
| Feb 11, 2026 | $0.28 | $0.29 | -3.4% | $75.7M |
| Oct 28, 2025 | $0.28 | $0.28 | -1.7% | $74.1M |
| Jul 29, 2025 | $0.28 | $0.28 | +0.0% | $72.8M |
| Apr 30, 2025 | $0.26 | $0.27 | -4.9% | $71.5M |
| Feb 12, 2025 | $0.27 | $0.28 | -3.6% | $68.3M |
| Oct 30, 2024 | $0.27 | $0.28 | -2.7% | $66.8M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 19.4× | 23.3× | 0th | Top 27% |
| P/E (forward) | 19.1× | — | — | — |
| EV / EBITDA | 15.3× | — | — | Top 49% |
| EV / Sales | 11.75× | — | — | Bottom 30% |
| Free-cash-flow yield | 8.24% | — | — | Top 32% |
| Earnings yield | 5.15% | — | — | Top 27% |
P/E over the past five years
Range 20.6× – 26.6× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -12.3%
- Earnings per share growth (TTM)
- +2.8%
- Change in P/E multiple
- -3.2%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -3.9%
- 200-day average slope (20 days)
- -0.3%
- Distance from 50-day average
- -11.4%
- Distance from 200-day average
- -12.6%
- RSI (14)
- 17.4
- Relative volume
- 0.81×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 18.2%
- Volatility vs own 5-year history
- 37th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.26
- Correlation with S&P 500
- 0.22
- Current drawdown from 1-year high
- -18.6%
- Maximum drawdown, 3 years
- -30.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Dec 28, 2020 | Oct 27, 2023 | -31.5% | 713 days | 220 days (Sep 13, 2024) |
| Sep 18, 2024 | Oct 1, 2026 | -30.0% | 510 days | Not yet recovered |
| Oct 8, 2020 | Nov 6, 2020 | -11.2% | 21 days | 2 days (Nov 10, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $2.37B
- P/E (TTM)
- 19.4
- EPS, diluted (TTM)
- $1.11
- Revenue (TTM)
- $306.4M
- Dividend yield
- 8.56%
- 52-week range
- $21.35 – $26.86
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $199.4M | $223.2M | $250.6M | $268.1M | $294.1M |
| Gross profit | $169.8M | $187.4M | $210.3M | $227.5M | $280.6M |
| Operating income | $117.3M | $125.9M | $136.9M | $149.2M | $163.9M |
| Net income | $85.6M | $97.8M | $95.3M | $100.5M | $112.4M |
| EPS (diluted) | $1.11 | $1.20 | $1.07 | $1.07 | $1.09 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $66.8M | $68.3M | $71.5M | $72.8M | $74.1M | $75.7M | $78.2M | $78.4M |
| Net income | $25.6M | $26.2M | $26.2M | $27.9M | $28.8M | $29.4M | $30.3M | $30.0M |
| EPS (diluted) | $0.27 | $0.27 | $0.26 | $0.28 | $0.28 | $0.28 | $0.28 | $0.27 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $122.4M | $142.0M | $165.1M | $144.1M | $192.3M |
| Capital expenditure | $0 | $0 | $0 | $0 | $0 |
| Free cash flow | $122.4M | $142.0M | $165.1M | $144.1M | $192.3M |
| Dividends paid | -$96.9M | -$107.5M | -$119.7M | -$128.1M | -$144.0M |
| Net share buybacks | $116.5M | $141.8M | $153.4M | $215.9M | $225.2M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $24.8M
- Total assets
- $3.00B
- Total liabilities
- $1.37B
- Total debt
- $1.26B
- Net debt
- $1.23B
- Shareholders’ equity
- $1.62B
As of Jun 30, 2026 (filed Jul 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Dec 31, 2026 | $0.13 | Jan 15, 2027 |
| Nov 30, 2026 | $0.13 | Dec 15, 2026 |
| Oct 30, 2026 | $0.13 | Nov 16, 2026 |
| Sep 30, 2026 | $0.12 | Oct 15, 2026 |
| Aug 31, 2026 | $0.12 | Sep 15, 2026 |
| Jul 31, 2026 | $0.12 | Aug 17, 2026 |
| Jun 30, 2026 | $0.37 | Jul 15, 2026 |
| Mar 31, 2026 | $0.37 | Apr 15, 2026 |
Short interest
- Shares sold short
- 4,546,919
- Days to cover
- 5.27
- Change vs previous report
- +9.7%
FINRA short interest, settlement date Sep 15, 2026.