Four Corners Property Trust Inc. (FCPT)
Four Corners Continues its Acquisition Spree to Boost Portfolio
FCPT acquires Christian Brothers Automotive property through sale-leaseback for $4.3 million. It has also acquired an automotive service property for $5.3 million.
Four Corners Boosts Portfolio With Acquisition of Multiple Properties
FCPT acquires four Christian Brothers Automotive properties through sale-leaseback for $16.9 million. It has also acquired the Caliber Collision property for $4.2 million.
FCPT Acquires Three Express Oil Change & Tire Engineers Properties
Four Corners Property Trust announces the acquisition of three Express Oil Change & Tire Engineers properties for $9.5 million.
Four Corners Property: Solid Dividends And Growth For A Volatile Market
Wealth is built through consistent, steady gains; FCPT fits this mold with its stable, e-commerce-resistant portfolio and a 5.1% yield. FCPT specializes in services properties, maintaining high occupancy and strong rent collections with a solid tenant financial base. Despite tenant concentration risks, FCPT's properties' fungibility and disciplined acquisition strategy beget attractive cap rates and growth potential.
Four Corners Property Trust, Inc. (FCPT) Q1 2025 Earnings Call Transcript
Four Corners Property Trust, Inc. (NYSE:FCPT ) Q1 2025 Results Conference Call May 1, 2025 12:00 PM ET Company Participants Patrick Wernig - Chief Financial Officer Bill Lenehan - Chief Executive Officer Josh Zhang - Chief Investment Officer Conference Call Participants John Kilichowski - Wells Fargo Catherine Graves - UBS Anthony Paolone - JPMorgan Wes Golladay - Baird Kyle Katorincek - Janney R.J. Milligan - Raymond James Jason Wayne - Barclays James Kammert - Evercore Operator Hello and welcome everyone to the FCPT First Quarter 2025 Financial Results Conference call.
Four Corners Property Trust (FCPT) Meets Q1 FFO Estimates
Four Corners Property Trust (FCPT) came out with quarterly funds from operations (FFO) of $0.44 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.43 per share a year ago.
3 Top Dividend Stocks Yielding 5% or More to Buy Right Now to Boost Your Passive Income
Investing in dividend stocks is a great way to make some extra cash. The top ones pay a lucrative income stream that steadily rises, enabling you to turn idle cash into a growing stream of passive income.
FCPT Continues its Acquisition Spree With Automotive Service Property
Four Corners Property Trust announces the acquisition of an automotive service property in Arkansas for $5.3 million.
FCPT Acquires Tenth Property From Ampler Restaurant Group
FCPT announces the acquisition of the tenth Burger King property through a sale-leaseback from Ampler Restaurant Group in March.
FCPT Acquires Properties Through Sale-Leaseback, Diversifies Portfolio
FCPT announces the acquisition of multiple properties through a sale-leaseback as part of its diversification efforts.
FCPT Acquires Properties Through Sale-Leaseback, Bolsters Portfolio
FCPT expands portfolio with a sale-leaseback acquisition for $10.1 million.
Four Corners Property: Have Your Diner Pay You Back
Four Corners Property Trust is a net lease REIT with a durable, e-commerce-resistant portfolio of nationally recognized tenants. FCPT demonstrates strong operational fundamentals with near-full occupancy, healthy rent coverage ratios, and steady growth in rental revenue and AFFO. It also has a solid balance sheet with ample liquidity, supporting accretive acquisitions and offering a well-covered dividend yield.
