Four Corners Property Trust, Inc. (FCPT)
NYSEReal EstateReit - RetailSnapshot 2026-11-05
$23.68-0.04%
Close 2026-11-05 · 1-day change
NYSEReal EstateReit - RetailSnapshot 2026-11-05
QuarterlyIQ Insights · FCPT
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within real estate on a research-validated quality screen. As of 2026-11-05.
The screen ranks FCPT against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 2 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Real Estate names rated neutral grew net income 51% of the time over the next year (vs 56% for the rest of the cohort, n=3680).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.
Stated in 4 of 4 supplied quarters. Management reported: ““During July, we completed the largest single investment in the Company’s history with the acquisition of The Mission Pet Health portfolio, which includes 102 buildings for an aggregate purchase price of $268 million.” “We invested a near record $318 million across 105 properties located in strong retail corridors and leased to a set of nationally branded operators.” Revenue was $83.684 million in 2026-Q3.
“The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.”
““During July, we completed the largest single investment in the Company’s history with the acquisition of The Mission Pet Health portfolio, which includes 102 buildings for an aggregate purchase pric…”
“After raising record liquidity and lowering our leverage profile in 2025, we closed on an attractively priced $200 million Term Loan to fund the investment pipeline at a 200+ basis point spread to hi…”
“We invested a near record $318 million across 105 properties located in strong retail corridors and leased to a set of nationally branded operators.”
The transaction represents an important diversification milestone, as FCPT has now acquired more than 1,000 properties since founding and reduced our Darden exposure to approximately 41% of total ren…
Stated in 2 of 4 supplied quarters. Management reported: “The transaction represents an important diversification milestone, as FCPT has now acquired more than 1,000 properties since founding and reduced our Darden exposure to approximately 41% of total rent.” “We invested a near record $318 million across 105 properties located in strong retail corridors and leased to a set of nationally branded operators.”
As such and given current market conditions, we have announced our inaugural share repurchase program.
Stated in 3 of 4 supplied quarters. Management reported: “As such and given current market conditions, we have announced our inaugural share repurchase program.” “We also successfully refinanced and upsized our credit facility at attractive rates while broadening our lending syndicate to support future growth.”
“As such and given current market conditions, we have announced our inaugural share repurchase program.”
“Our portfolio is in great shape, and as we look forward, we remain as focused as ever on accretive capital allocation.
Stated in 1 of 4 supplied quarters. Management reported: ““Our portfolio is in great shape, and as we look forward, we remain as focused as ever on accretive capital allocation.” “Management Comments “FCPT delivered another strong year in 2025, achieved by raising capital efficiently and by deploying that capital into a series of high value new investments.”
““Our portfolio is in great shape, and as we look forward, we remain as focused as ever on accretive capital allocation.”
Preserve high rent collections and occupancy across the long-term net-lease portfolio.
Over the trailing year it converted 1.55x of net income into operating cash flow. Historically, Real Estate names rated neutral grew net income 57% of the time over the next year (vs 47% for the rest of the cohort, n=2917).
Most sensitive to real (inflation-adjusted) rates and long-term interest rates.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, the broad stock market (low R² over the window).
10 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Real Estate names rated stable grew net income 54% of the time over the next year (vs 56% for the rest of the cohort, n=2933).
Not investment advice. As of 2026-11-05.
“The transaction represents an important diversification milestone, as FCPT has now acquired more than 1,000 properties since founding and reduced our Darden exposure to approximately 41% of total ren…”
“We invested a near record $318 million across 105 properties located in strong retail corridors and leased to a set of nationally branded operators.”
“We also successfully refinanced and upsized our credit facility at attractive rates while broadening our lending syndicate to support future growth.”
“After raising record liquidity and lowering our leverage profile in 2025, we closed on an attractively priced $200 million Term Loan to fund the investment pipeline at a 200+ basis point spread to hi…”