The price of Four Corners Property Trust Inc (NYSE:FCPT) shares last traded on Wall Street rose 0.49% to $26.89.
FCPT stock price is now -4.57% away from the 50-day moving average and 0.68% away from the 200-day moving average. The market capitalization of the company currently stands at $2.60B.
With the price target of $31, Barclays recently initiated with Equal Weight rating for Four Corners Property Trust Inc (NYSE: FCPT). On November 14, 2024, UBS recently initiated its ‘Buy’ rating on the stock quoting a target price of $33, while ‘JMP Securities’ rates the stock as ‘Mkt Perform’
In other news, MOODY JOHN S, Director sold 7,230 shares of the company’s stock on Jun 12 ’24. The stock was sold for $177,569 at an average price of $24.56. Upon completion of the transaction, the Director now directly owns 61,108 shares in the company, valued at $1.64 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 10 ’24, President and CEO Lenehan William H bought 6,230 shares of the business’s stock. A total of $149,832 was incurred on buying the stock at an average price of $24.05. This leaves the insider owning 620,394 shares of the company worth $16.68 million. A total of 1.36% of the company’s stock is owned by insiders.
During the past 12 months, Four Corners Property Trust Inc has had a low of $22.38 and a high of $30.93. According to the stock market information, the enterprise value for the company is $3688210688, which is based on a 25.16 price-to-earnings ratio, a 7.86 price-to-earnings-growth ratio, and a beta of 1.16. The fifty day moving average price for FCPT is $28.206 and a two-hundred day moving average price translates $26.69445 for the stock.
The latest earnings results from Four Corners Property Trust Inc (NYSE: FCPT) was released for 2024-09-30. The net profit margin was 37.27% and return on equity was 7.58% for FCPT. The company reported revenue of $66.79 million for the quarter, compared to $64.84 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.01 percent.
