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

Four Corners Property Trust (NYSE:FCPT) will likely be releasing its earnings data after the market closes on Wednesday, February 12th. Analysts expect Four Corners Property Trust to post earnings of $0.28 per share and revenue of $66.83 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Four Corners Property Trust Trading Down 0.5 %

NYSE FCPT opened at $27.78 on Tuesday. The company has a market capitalization of $2.69 billion, a PE ratio of 25.96 and a beta of 1.14. Four Corners Property Trust has a 1-year low of $22.38 and a 1-year high of $30.93. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.38. The firm’s fifty day simple moving average is $27.73 and its 200-day simple moving average is $28.22.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Barclays cut their price target on Four Corners Property Trust from $31.00 to $30.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 4th. JMP Securities reaffirmed a “market perform” rating on shares of Four Corners Property Trust in a research report on Tuesday, December 10th. Finally, UBS Group initiated coverage on shares of Four Corners Property Trust in a research report on Thursday, November 14th. They issued 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 assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $30.40.

Four Corners Property Trust Company Profile

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.