Four Corners Property Trust (FCPT) Expected to Announce Quarterly Earnings on Wednesday

Four Corners Property Trust (NYSE:FCPTGet Free Report) will likely be announcing its earnings results after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $66.83 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Four Corners Property Trust Stock Performance

Four Corners Property Trust stock opened at $27.78 on Tuesday. The stock has a 50-day simple moving average of $27.73 and a 200 day simple moving average of $28.22. The stock has a market capitalization of $2.69 billion, a price-to-earnings ratio of 25.96 and a beta of 1.14. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.38. Four Corners Property Trust has a 12-month low of $22.38 and a 12-month high of $30.93.

Wall Street Analyst Weigh In

FCPT has been the topic of a number of research reports. JMP Securities reiterated a “market perform” rating on shares of Four Corners Property Trust in a research report on Tuesday, December 10th. Barclays reduced their price objective on Four Corners Property Trust from $31.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. Finally, UBS Group assumed coverage on Four Corners Property Trust in a research report on Thursday, November 14th. They set a “buy” rating and a $33.00 target price for the company. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $30.40.

Read Our Latest Stock Report on Four Corners Property Trust

Four Corners Property Trust Company Profile

(Get Free Report)

Four Corners Property Trust, Inc engages in the owning, acquisition, and leasing of properties for use in the restaurant and food-service related industries. It operates through the Real Estate Operations and Restaurant Operations segments. The Real Estate Operations segment consists of rental revenues generated by leasing restaurant properties.

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Earnings History for Four Corners Property Trust (NYSE:FCPT)

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