Media headlines about Four Corners Property Trust (NYSE:FCPT) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Four Corners Property Trust earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.8755306696442 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Four Corners Property Trust (NYSE FCPT) opened at $25.69 on Tuesday. The company has a market cap of $1,551.93, a PE ratio of 18.92 and a beta of 0.12. Four Corners Property Trust has a twelve month low of $18.97 and a twelve month high of $26.75.
The company also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 29th will be issued a dividend of $0.275 per share. The ex-dividend date of this dividend is Thursday, December 28th. This is an increase from Four Corners Property Trust’s previous quarterly dividend of $0.24. This represents a $1.10 dividend on an annualized basis and a dividend yield of 4.28%. Four Corners Property Trust’s payout ratio is 68.79%.
Several equities analysts have weighed in on the stock. Zacks Investment Research downgraded shares of Four Corners Property Trust from a “buy” rating to a “hold” rating in a report on Wednesday, November 22nd. BidaskClub upgraded shares of Four Corners Property Trust from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Ladenburg Thalmann Financial Services restated a “buy” rating on shares of Four Corners Property Trust in a report on Friday, November 3rd. Raymond James Financial upgraded shares of Four Corners Property Trust from a “market perform” rating to a “buy” rating and set a $26.00 target price for the company in a report on Tuesday, August 15th. Finally, UBS upgraded shares of Four Corners Property Trust from a “market perform” rating to an “outperform” rating in a report on Tuesday, August 15th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $27.25.
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Four Corners Property Trust Company Profile
Four Corners Property Trust, Inc is a self-administered company and real estate investment trust (REIT), which owns, acquires and leases properties for use in the restaurant and food service related industries. The Company operates through two segments: real estate operations and restaurant operations.
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