FOUR CORNERS PROPERTY INC TRUST (FCPT)
Real Estate · Retail REITs · NYSE
A real estate investment trust focused on acquiring and leasing net-leased restaurant properties across the United States.
What FOUR CORNERS PROPERTY INC TRUST does
Four Corners Property Trust is a real estate investment trust (REIT) primarily engaged in the ownership, acquisition, and leasing of restaurant properties. The company operates a portfolio of net-leased assets, providing a stable stream of rental income from a variety of restaurant concepts and brands. In addition to its core leasing business, the company also engages in limited restaurant operations.
Themes: net-lease real estate, restaurant industry real estate, REITs
Fundamentals
- Price$21.25 as of 2026-10-08 close
- Market cap$2.3B as of 2026-07-30 (share count; price 2026-10-08)
- 1-year return-11.6% 2025-10-08 close $24.05 → 2026-10-08 close $21.25
- P/E19.26 as of 2026-10-08
- Net margin+38.2% FY2025, SEC XBRL
- ROE+6.9% FY2025, SEC XBRL
- Debt / equity0.77 as of 2026-09-03
- Revenue growth (YoY)+9.7% as of 2026-09-03
- Revenue CAGR (3y)+9.6% SEC XBRL
- Beta0.17 as of 2026-09-03
- Last reported earnings2026-07-29 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.1%; at least 10 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How FCPT compares in its sector
- price-to-earnings ratiobottom 25% 120 covered Real Estate peers, as of 2026-10-08
- net profit margintop 25% 154 covered Real Estate peers, as of 2026-09-03
- return on equitymiddle range 158 covered Real Estate peers, as of 2026-09-03
- 3-year revenue CAGRmiddle range 155 covered Real Estate peers
- indicated dividend yieldbottom 10% 140 covered Real Estate peers, as of 2026-09-03
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
FCPT is not currently in any published Top 10 list. Its scores are below.
Top 10 score
40.3 #1183 of 1,379 scored · #67 of 87 in Real Estate
Valuation 65th (price to earnings 19.3, price to book 3.3) and growth 56th (3-year revenue CAGR 9.6%, revenue growth year over year 9.7%); weakest is financial health (23rd, free cash flow margin -69.1%, debt to equity 0.8).
Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, FCPT's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 128%, operating-cash-flow payout 75%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout128% dividends / net income
- Operating-cash-flow payout75% dividends / operating cash flow — capital spending was not reported, so this does not subtract it
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How FOUR CORNERS PROPERTY INC TRUST looks technically
FOUR CORNERS PROPERTY INC TRUST (FCPT) is trading 13.7% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 8 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 58, with sellers in control. Momentum is beaten down — its 14-day RSI (a 0–100 momentum gauge) is 23, in oversold territory (below 30). It made a new 20-day low about 2 trading days ago. It is 1.9% above its 52-week low (its lowest price of the past year).
Trend
8
| Distance from the 200-day | it is trading 13.7% below its 200-day average, the long-term trend line — a long-term downtrend | -13.7% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $23.93 | $23.93 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $24.61 | $24.61 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 45 calendar days ago — the swings before that are what the structure reading is measured on | 45 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 25.61. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 8 trading days ago — a "death cross", a bearish long-term signal | 8 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 58, with sellers in control | 57.9 |
Momentum
3
| 14-day RSI | momentum is beaten down — its 14-day RSI (a 0–100 momentum gauge) is 23, in oversold territory (below 30) | 22.7 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($20.86 to $22.82) — its "stochastic" reading is 20 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 20.1 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 28 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $26.85 | $26.85 |
|---|---|---|
| From the 52-week high | it is 20.9% below its 52-week high (its highest price of the past year) | -20.9% |
| Above the 52-week low | it is 1.9% above its 52-week low (its lowest price of the past year) | +1.9% |
| Below the 52-week high | it is 20.9% below its highest point of the past year | 20.9% |
| Since a 20-day breakout | it made a new 20-day low about 2 trading days ago | 2 sessions |
| Since a 55-day breakout | it made a new 55-day low about 2 trading days ago | 2 sessions |
| All-time high | its highest closing price on record is $32.50 (set on 2020-02-21) | $32.50 |
| Given back of the 52-week move | over the past year its closes ranged ($21.03 to $26.49), and it has recovered only a small part of its fall from last year’s high — 4% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $24.40 to $24.58. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 4.0% |
| From the all-time high | it is 34.6% below its all-time high | -34.6% |
| Nearest price level | it is trading 7.6% below a resistance level at $22.87 — a price it turned at four times since 2025-10-29, most recently on 2026-01-02. Since 2024-10-08 it has 0 such levels below the current price and 11 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +7.6% |
| All-time low | its lowest closing price on record is $12.80 (set on 2020-03-23) | $12.80 |
| Above the all-time low | it is 66.0% above its all-time low | +66.0% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 89% of the past ~6 months) | 89th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.4088 between its high and its low — about 1.9% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.4088 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $20.56 and $23.94 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $20.56 – $22.25 – $23.94 |
| Typical daily range (% of price) | its price moves about 1.9% in a typical session — among the calmest in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 1.9% |
| Stretch from the 200-day average | it is trading 8.2 daily ranges below its 200-day average price (13.7% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 8.2 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.18× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 1.2% since the prior reading | -1.2% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a doji | 4 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 4 sessions ago |
|---|---|---|
| Since a bearish engulfing | 1 session ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 1 session ago |
Price gaps
1
| Gap at the open | it opened on 2026-10-08 0.3% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.3% |
|---|
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 15.4 percentage points (the stock lost 14.4% while the market gained 1.0%) | -15.4% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 18.5 percentage points (the stock lost 14.7% while the market gained 3.8%) | -18.5% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 26.8 percentage points (the stock lost 9.3% while the market gained 17.5%) | -26.8% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 26.6 percentage points (the stock lost 11.6% while the market gained 15.0%) | -26.6% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: its RSI momentum gauge is oversold (a beaten-down reading) — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 7 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a fresh 20-day low, MACD momentum is negative, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 7 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 16% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thin, spanning 1.4% of the share price, which is taken to mean a barrier that gives way easily. | -15.9% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 13% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $24.37 — a volume-weighted average of daily closes over 191 sessions, not a true tick-by-tick VWAP. | -12.8% |
|---|---|---|
| Vs the average paid since it last reported | the price is 10% below the average price paid since it last reported on 2026-07-29 (its 8-K), so the typical buyer over that stretch is under water. That average is $23.53 — a volume-weighted average of daily closes over 51 sessions, not a true tick-by-tick VWAP. | -9.7% |
Head and shoulders, bearish — broke down · entry $24.46 · 72 sessions in
Price levels it has turned at before
FCPT last closed at $21.25 on 2026-10-08. Since 2024-10-08 it has turned at 0 prices below its last close and 11 above; the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $22.87 | Resistance | 7.6% above the last close | turned there four times · 2025-10-29 to 2026-01-02 |
| $23.76 | Resistance | 11.8% above the last close | turned there six times · 2025-10-07 to 2026-06-04 |
| $24.37 | Resistance | 14.7% above the last close | turned there 7 times · 2025-11-11 to 2026-08-11 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $25.61.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 28 trading days, since 2026-08-31.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Recent death cross (50-day crossed below 200-day) · Oversold (14-day RSI below 30) · Near the 52-week low · Pulled back from the 12-month high · Broke down to a new 20-day low | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (2.33 mean, 1=Strong Buy…5=Strong Sell) — 9 analysts
- Mean price target$27.78 range $26.00 – $30.00; median $28.00
Analyst estimates, as of 2026-10-08. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for FCPT
- Consensus EPS estimate$0.2818 next reporting period, as of 2026-10-08
- Estimate change, 30 days-$0.00442 (-1.5%) from $0.2862, on 2026-09-03, 35-day window
- Readings revised upward0% of 9 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Reliance on restaurant industry and specific restaurant tenants for rental income.","Sensitivity to interest rate fluctuations and cost of capital.","Risks associated with real estate market conditions and property valuation."]
What changed in the latest 10-Q
AI-assisted comparison of FCPT's 10-Q filed 2026-07-30 against the prior one filed 2026-04-30.
Risk Factors
- Added:
- Newer filing (2026-07-30) adds Exhibit 10.3: Fifth Amended and Restated Revolving Credit and Term Loan Agreement, dated as of July 28, 2026, among Four Corners Operating Partnership, LP, Four Corners Property Trust, Inc., certain lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent.
- Newer filing (2026-07-30) adds Exhibit 10.4: Fifth Amended and Restated Parent Guaranty, dated July 28, 2026, by Four Corners Property Trust, Inc. and Four Corners GP, LLC, for the benefit of JPMorgan Chase Bank, N.A., as Administrative Agent.
- Reworded:
- Item 5.c: Newer filing (2026-07-30) states the period as 'the three months ended June 30, 2026'; older filing (2026-04-30) states 'the three months ended March 31, 2026'.
- Signature section dateline: Newer filing (2026-07-30) is dated July 30, 2026; older filing (2026-04-30) is dated April 30, 2026.
- Page number after Item 5 / before Item 6: Newer filing (2026-07-30) shows page 38; older filing (2026-04-30) shows page 33. Page number after signatures section: Newer filing (2026-07-30) shows page 40; older filing (2026-04-30) shows page 35.
- Notes:
- The Risk Factors subsection itself (Item 1A) contains identical text in both filings: 'There have been no material changes to the risk factors as disclosed in Part I, Item 1A...' with no changes.
- The provided texts appear to include the entire Part II section of each 10-Q, not only the Risk Factors subsection, because the Risk Factors item is a cross-reference; the compared differences therefore include exhibits and signatures sections outside Item 1A.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 180 days · read to 2026-10-041 buy ($99919) · 0 sells — 1 buying insider
Most recent open-market transaction: 2026-05-05. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about FCPT's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
U.S. House trading disclosures
U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 4 matched disclosures for FCPT from U.S. House Clerk Periodic Transaction Report filings.
U.S. House trading disclosures →Short interest (FINRA)
FCPT had 4,546,919 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
FCPT had 4.14% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 5.27 days to cover at the same settlement.
- Reported short interest (shares) 4,546,919
- Short interest (% of shares outstanding) 4.14%
- Prior settlement (shares) 4,143,544
- Reported change 9.74%
- Days to cover (reported) 5.27
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Realty Income (O)
- VICI Properties (VICI)
- Spirit Realty Capital (SRC)
- Agree Realty (ADC)
- National Retail Properties (NNN)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare FCPT vs…
FOUR CORNERS PROPERTY INC TRUST is found in…
Frequently asked questions
What does FOUR CORNERS PROPERTY INC TRUST (FCPT) do?
Four Corners Property Trust is a real estate investment trust (REIT) primarily engaged in the ownership, acquisition, and leasing of restaurant properties. The company operates a portfolio of net-leased assets, providing a stable stream of rental income from a variety of restaurant concepts and brands. In addition to its core leasing business, the company also engages in limited restaurant operations.
What sector is FOUR CORNERS PROPERTY INC TRUST (FCPT) in?
FOUR CORNERS PROPERTY INC TRUST (FCPT) is classified in the Real Estate sector. Its industry is Retail REITs. It trades on NYSE.
Does FCPT pay a dividend?
Yes — FOUR CORNERS PROPERTY INC TRUST (FCPT) pays a dividend, with an indicated yield of about 2.12% and at least 10 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-09-03). Informational only — not financial advice.
Who are FOUR CORNERS PROPERTY INC TRUST's (FCPT) competitors?
Notable peers of FOUR CORNERS PROPERTY INC TRUST (FCPT) include Realty Income, VICI Properties, Spirit Realty Capital, Agree Realty and National Retail Properties. This peer set is informational only — not financial advice.
Has there been recent U.S. House stock trading in FCPT?
Yes — we hold 4 matched STOCK Act disclosures for FCPT from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.
Is FOUR CORNERS PROPERTY INC TRUST (FCPT) overbought or oversold right now?
FOUR CORNERS PROPERTY INC TRUST (FCPT) is currently in oversold territory (its 14-day RSI is 23, below 30) (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on FCPT come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.