FCPT Highlights Strong Q3 2024 Results with Strategic Growth

Oct 31, 2024 · Four Corners Property Trust Reports Impressive Q3 2024 Results. In the recent earnings call, Four Corners Property Trust (NYSE: FCPT) CEO William Lenehan shared …

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Four Corners Property Trust Inc (FCPT) Q3 2024 Earnings Call …

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Nov 1, 2024 · Q3 A FFO per Share: 43, up 2.4% from last year. Q3 Cash Rental Income: $58.7 million, a growth of 4.8% from last year. Annual Cash Base Rent: $229 million at quarter end. …

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Four Corners Property Trust, Inc. (NYSE:FCPT) Q3 2024 Earnings …

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Nov 1, 2024 · Q3 cash rental income was $58.7 million, representing growth of 4.8% for the quarter compared to last year. This figure benefited from both in-place rental growth and $145 …

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Four Corners Property Trust Inc (FCPT) Q3 2024 Earnings Call Hig

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Q3 Cash Rental Income: $58.7 million, a growth of 4.8% from last year. Annual Cash Base Rent: $229 million at quarter end. Cash G&A Expense: $4 million, representing 6.9% of cash rental …

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Four Corners Property Trust Inc (FCPT) Q3 2024: Everything You …

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Oct 30, 2024 · Four Corners Property Trust Inc is set to release its Q3 2024 earnings on Oct 31, 2024.The consensus estimate for Q3 2024 revenue is $63.97 million, and the earnings are …

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Four Corners Property Trust Initiated With A Buy At UBS

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5 days ago · November 14, 2024 — 05:21 am EST. Written by TheFly for TipRanks ->. UBS initiated coverage of Four Corners Property Trust (FCPT) with a Buy rating and $33 price …

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Four Corners Property Trust Earnings Dates, Reports, Calls 2014 …

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Four Corners Property Trust earnings were $98.7M for the trailing 12 months ending Sep 30, 2024, with -0.9% growth year over year. The latest FCPT earnings report on Sep 30, 2024 …

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What To Expect From Four Corners Property Trust Inc (FCPT) Q3 20

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Four Corners Property Trust Inc (FCPT, Financial) is set to release its Q3 2024 earnings on Oct 30, 2024. The consensus estimate for Q3 2024 revenue is $63.97 million, and the earnings …

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Four Corners Property Trust: Solid Results And Robust Investment ...

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On July 26, 2024, FCPT announced the acquisition of Taco Bell property. The transaction amounted to $1.7m and constituted a 7.5% cap rate (relatively high) for the Company.

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Wells Fargo Sticks To Their Buy Rating For Four Corners Property …

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1 day ago · The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Four Corners Property with a $30.00 average price target, which is a 6.31% upside …

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Four Corners Property Trust Initiated With A Buy At UBS

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UBS initiated coverage of Four Corners Property Trust with a Buy rating and $33 price target The firm says the company’s “favorable” cost of capital and diversification strategy away from …

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Four Corners Property Trust: Fortress Balance Sheet, Growth …

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Apr 17, 2024 · In Q4 2023, Four Corners Property Trust grew its FFO per share by 2.5% Y/Y, marginally ahead of the 1.3% full-year growth rate. Being a net lease REIT with a 1.4% …

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4Front Ventures Reports Third Quarter 2024 Results - PR Newswire

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4 days ago · Revenue was $17.1 million for Q3 2024, compared to $18.7 million for Q2 of 2024. For the third quarter, Illinois reported total revenue of $7.3 million , slightly down from $8.2 …

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Four Corners Property: Lock In This Tasty Dividend For Income …

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Jan 23, 2024 · FCPT's own rental revenue grew by 17% YoY during Q3 driven by external acquisitions and organic rental revenue growth on existing properties. Notably, FCPT is …

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FAQs about FCPT Highlights Strong Q3 2024 Results with Strategic Growth Coupon?

How much money will four corners Property Trust produce in 2024?

I think Four Corners Property Trust should produce an FFO of about $152 million in 2024, which together with the $44 million interest expense results in a circa $196 million cash flow to enterprise value. Against its current enterprise value of about $3.2 billion, the market cap rate stands at a respectable 6%. ...

How did four corners Property Trust (FCPT) perform in Q3 2024?

Four Corners Property Trust Inc (FCPT) Q3 2024 Earnings Call Highlights: Strategic Growth and ... Equity Raised: Over $224 million raised in equity. Equity Forwards: $100 million in equity forwards outstanding. Acquisitions: 21 properties acquired for $71 million at a 7.2% cap rate. Portfolio Size: 1,176 properties with restaurants at 79%. ...

Is four corners Property Trust a good investment?

Four Corners Property Trust Inc (NYSE:FCPT) successfully raised over $224 million in equity, enhancing their financial flexibility. The company reported high rent collections and occupancy, with a rent coverage ratio of five times for the majority of their portfolio. ...

Is four corners property a good buy?

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Four Corners Property with a $29.00 average price target. The company has a one-year high of $30.93 and a one-year low of $20.51. Currently, Four Corners Property has an average volume of 604.9K. ...

Should you buy four corners property (FCPT)?

According to TipRanks, Kammert has an average return of 6.9% and a 78.57% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Four Corners Property with a $29.67 average price target. FCPT market cap is currently $2.55B and has a P/E ratio of 25.79. ...

Is four corners Property Trust a good REIT?

You can access all company results here. Four Corners Property Trust is a net lease REIT boasting an exceptional occupancy of 99.8%. The company specializes in acquiring and leasing restaurant and food-related properties across 47 states. As of the end of 2023, Four Corners owned 1,111 properties and continues to add more locations into 2024. ...