<div id="readability-page-1"><p>Four Corners Property Trust, Inc. (NYSE:FCPT - Get Free Report)'s stock price hit a new 52-week low on Friday . The company traded as low as $23.05 and last traded at $23.0860, with a volume of 656633 shares. The stock had previously closed at $23.36.</p><h2>Analyst Ratings Changes</h2><p>Several analysts have recently issued reports on FCPT shares. Barclays decreased their price target on Four Corners Property Trust from $29.00 to $28.00 and set an &#34;equal weight&#34; rating for the company in a research note on Monday, October 20th. Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Four Corners Property Trust in a research report on Tuesday, October 14th. UBS Group lifted their price target on shares of Four Corners Property Trust from $30.00 to $31.00 and gave the company a &#34;buy&#34; rating in a research report on Friday, August 15th. Wells Fargo &amp; Company decreased their price objective on shares of Four Corners Property Trust from $27.00 to $25.00 and set an &#34;equal weight&#34; rating for the company in a report on Tuesday, November 25th. Finally, Wall Street Zen upgraded shares of Four Corners Property Trust from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research note on Sunday, October 19th. Two analysts have rated the stock with a Buy rating and four have assigned  a Hold rating to the company's stock. According to MarketBeat.com, the stock  has an average rating of &#34;Hold&#34; and an average price target of $28.40.</p><p><b>View Our Latest Stock Report on Four Corners Property Trust</b></p><h2>Four Corners Property Trust Price Performance</h2><p>The stock has a market cap of $2.45 billion, a P/E ratio of 21.18 and a beta of 0.86. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.39. The company's fifty day simple moving average is $24.07 and its 200-day simple moving average is $25.59. </p><p>Four Corners Property Trust (NYSE:FCPT - Get Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.02. Four Corners Property Trust had a return on equity of 7.39% and a net margin of 38.04%.The company had revenue of $74.15 million during the quarter, compared to analysts' expectations of $71.86 million. During the same period last year, the business earned $0.43 earnings per share. The business's revenue was up 10.9% on a year-over-year basis.  As a group, sell-side analysts forecast that  Four Corners Property Trust, Inc. will post 1.68 EPS for the current year. </p><h2>Four Corners Property Trust Increases Dividend</h2><p>The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be issued a $0.3665 dividend. This represents a $1.47 annualized dividend and a yield of 6.4%. This is a boost from Four Corners Property Trust's previous quarterly dividend of $0.36. The ex-dividend date is Wednesday, December 31st. Four Corners Property Trust's dividend payout ratio (DPR) is 130.28%. </p><h2>Insider Transactions at Four Corners Property Trust</h2><p>In other news, Director Douglas B. Hansen acquired 1,984 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was acquired at an average price of $23.64 per share, for a total transaction of $46,901.76. Following the transaction, the director directly owned 78,247 shares in the company, valued at approximately $1,849,759.08. This represents a 2.60% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, CEO William H. Lenehan bought 7,850 shares of Four Corners Property Trust stock in a transaction on Friday, September 12th. The shares were acquired at an average price of $25.40 per share, for a total transaction of $199,390.00. Following the completion of the acquisition, the chief executive officer owned 698,426 shares of the company's stock, valued at approximately $17,740,020.40. This represents a 1.14% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own  1.20% of the company's stock. </p><h2>Institutional Trading of Four Corners Property Trust</h2><p>Several hedge funds and other institutional investors have recently modified their holdings of FCPT. Inspire Investing LLC lifted its stake in  Four Corners Property Trust by 2.2% in the second quarter. Inspire Investing LLC now owns 17,495 shares of the financial services provider's stock valued at $471,000 after acquiring an additional 383 shares during the last quarter.  Parallel Advisors LLC lifted its stake in  Four Corners Property Trust by 80.1% in the 3rd quarter. Parallel Advisors LLC now owns 1,041 shares of the financial services provider's stock valued at $25,000 after purchasing an additional 463 shares during the last quarter.  Rye Brook Capital LLC grew its holdings in  Four Corners Property Trust by 0.4% during the third quarter. Rye Brook Capital LLC now owns 123,100 shares of the financial services provider's stock worth $3,004,000 after purchasing an additional 500 shares during the period.  Arizona State Retirement System increased its position in  Four Corners Property Trust by 1.9% during the third quarter. Arizona State Retirement System now owns 29,730 shares of the financial services provider's stock worth $725,000 after buying an additional 554 shares during the last quarter.  Finally, Bank of Montreal Can raised its stake in  Four Corners Property Trust by 3.1% in the second quarter. Bank of Montreal Can now owns 18,912 shares of the financial services provider's stock valued at $509,000 after buying an additional 568 shares during the period. Institutional investors and hedge funds own  98.66% of the company's stock. </p><h2>Four Corners Property Trust Company Profile</h2> (Get Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Four Corners Property Trust</li><li>What is a Dividend Harvesting Strategy and How Can Investors Profit from it?</li><li>Rocket Lab’s Big Rebound? Analysts Suggest the Dip's a Gift</li><li>Where Do I Find 52-Week Highs and Lows?</li><li>Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish</li><li>NYSE Stocks Give Investors a Variety of Quality Options </li><li>Snowflake Stock: The Dip That Smart Investors Are Buying Right Now</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Four Corners Property Trust Right Now?</h2><p>Before you consider Four Corners Property Trust, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Four Corners Property Trust wasn't on the list.</p><p>While Four Corners Property Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FCPT

<p>Four Corners Property Trust (NYSE:FCPT) hit a new 52-week low at $23.0860. Analysts have mixed ratings, with a consensus "Hold" and an average price target of $28.40. The company reported better-than-expected quarterly earnings and increased its dividend. Insider transactions show recent stock purchases by directors and the CEO. Institutional investors have adjusted their holdings, with some increasing their stakes.</p>

Four Corners Property Trust (NYSE:FCPT) Hits New 1-Year Low - What's Next?