FCPT
Four Corners Property Trust, Inc.
FCPT's fundamentals are mixed: revenue grew 10%, but earnings per share fell 0.9%. At 21x earnings, it's trading in line with its usual 24x. Analysts expect earnings to decline.
FCPT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
FCPT's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for real estate companies like FCPT.
FCPT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 21x | $23.07 | — |
| Forward | 21x | $23.07 | — |
| Cheap | 22x | $23.46 | +1.7% |
| Fair | 24x | $25.43 | +10% |
| Expensive | 26x | $28.31 | +23% |
Historical ranges are pointers, not guarantees.
FCPT's PE is in its cheap range at 21.4x. On analysts' estimates for next year's earnings, today's price would be 21.1x.
FCPT Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Decline | |
| Growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect FCPT's revenue to grow, but its earnings and profitability to decline.
FCPT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.09 | +1.1% |
| Q3 2026 | $1.08 | -0.9% |
| Q2 2026 | $1.10 | +1.9% |
| Q1 2026 | $1.11 | +3.7% |
| Q4 2025 | $1.09 | +1.9% |
| Q3 2025 | $1.09 | +2.8% |
| Q2 2025 | $1.08 | +1.9% |
| Q1 2025 | $1.07 | +0.9% |
| Q4 2024 | $1.07 | 0% |
FCPT earned $1.08 per share over the past year, about the same as the year before.
FCPT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $83.7M | +13% |
| Q2 2026 | $78.4M | +7.7% |
| Q1 2026 | $78.2M | +9.4% |
| Q4 2025 | $75.7M | +11% |
| Q3 2025 | $74.1M | +11% |
| Q2 2025 | $72.8M | +9.6% |
| Q1 2025 | $71.5M | +7.5% |
| Q4 2024 | $68.3M | +4.9% |
FCPT's revenue has grown year over year every quarter since late 2020: $84M last quarter, up 13% from the same quarter a year ago.
FCPT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $61.1M | +25% |
| Q2 2026 | $50.7M | +16% |
| Q1 2026 | $47.2M | -8.5% |
| Q4 2025 | $48M | +44% |
| Q3 2025 | $48.9M | +13% |
| Q2 2025 | $43.8M | +10% |
| Q1 2025 | $51.6M | +87% |
| Q4 2024 | $33.4M | -8.2% |
FCPT's free cash flow was $207M over the past year, up 16% from the year before. Free cash flow isn't a meaningful measure for real estate companies like FCPT.
FCPT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +44.1K shares |
| 1 year | +5.4% | +5.7M shares |
| 3 years | +21% | +19.2M shares |
| 5 years | +44% | +33.5M shares |
| Available history | +60% | +41.2M shares |
FCPT has 110M diluted shares, up 5.4% from a year ago.
FCPT Net Leverage
FCPT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.8 | Neutral |
| Stochastic | 42.2 | Neutral |
FCPT's weekly RSI is 45 (neutral) and its Stochastic is 42 (neutral).
FCPT PE vs Real Estate Sector
| Metric | FCPT | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 24x | 11% below |
| PE % | 12 | 23 | 11 pts below |
FCPT is trading at 21x earnings, a 11% discount to the Real Estate sector's median of 24x.
FCPT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.3 | 3.6% above |
| 20 week MA | $23.9 | 3.6% below |
| 50 week MA | $24.3 | 5.2% below |
| 100 week MA | $25.5 | 9.4% below |
| 200 week MA | $25.6 | 9.7% below |
FCPT has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 9.7% below its 200-week average.
FCPT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $27.7 | $29.6 | +7.1% |
| 2021 | $29.6 | $28.7 | -3.2% |
| 2022 | $28.7 | $26.8 | -6.7% |
| 2023 | $26.8 | $25.3 | -5.5% |
| 2024 | $25.3 | $27.5 | +8.5% |
| 2025 | $27.5 | $23.4 | -15% |
| 2026 YTD | $23.4 | $23.1 | -1.5% |
FCPT has finished lower in four of the last six years. It's down 1.5% so far in 2026.