Four Corners Property Trust, Inc. (FCPT) Stock Price & Analysis

Four Corners Property Trust, Inc. (FCPT) closed at USD 22.05 on Thursday, October 22, 2026, up 4.06% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 22.05; the Oct 22, 2026 session ranged USD 21.3–22.09 on volume of 947,390 shares. Market capitalization is —, with a 52-week range of USD 20.86–26.86 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 11:23 UTC.

Also available as compact Markdown for AI agents: nexqual.com/FCPT.md

Key facts (FCPT)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (FCPT)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$199M$223M$251M$268M$294M$306M
Net income$85.6M$97.8M$95.3M$100M$112M$119M
EPS (diluted)$1.11$1.20$1.07$1.07$1.09—
Free cash flow-$146M-$154M————
Net margin42.9%43.8%38.0%37.5%38.2%38.7%
Revenue growth+16.6%+11.9%+12.3%+7.0%+9.7%—
Cash + short-term investments$6.3M$26.3M$16.3M$4.1M$12.1M—
Total debt——$1.11B$1.14B$1.20B—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (FCPT)

P/E at fiscal year-ends: Dec 2025 21.1x, Dec 2024 25.4x, Dec 2023 23.6x.

Analysts (FCPT)

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-20BarclaysTarget loweredEqual-Weight$30 → $25
2026-10-19Wells FargoTarget loweredEqual-Weight$26 → $22
2026-10-06JP MorganTarget loweredNeutral$29 → $26
2026-09-21Evercore ISI GroupTarget loweredIn-Line$28 → $26
2026-09-04BarclaysTarget raisedEqual-Weight$29 → $30
2026-08-25CitizensReiteratedMarket Outperform$28
2026-08-03Evercore ISI GroupTarget raisedIn-Line$27 → $28
2026-07-22BarclaysTarget loweredEqual-Weight$30 → $29

Total return (dividends reinvested) (FCPT)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return-4.8%-0.4%
S&P 500 (SPY)+14.9%+80.3%
Per year-4.8%-0.1%
Volatility (annualized)19.0%18.7%
Max drawdown-19.4% (Jul 2026→Oct 2026)-25.5% (Jan 2023→Oct 2023)

FCPT revenue by business segment (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Real Estate Operations$70.3M89.6%+8.6%
Restaurant Operations$8.4M10.7%+4.4%
Total revenue$78.4M100%—

FCPT revenue by product line (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Real Estate$70.3M89.6%+8.6%
Restaurant$8.4M10.7%+4.4%
Total revenue$78.4M100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

FCPT suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
CustomerKerrow Holdings“Although we intend to derive the majority of our revenue from leasing properties on a net basis to restaurant and retail operators, the Kerrow Restaurant Operating Business will provide us with a diversified revenue stream and equip us with the expertise to better analyze other restaurant properties that could serve as expansion opportunities.”
PartnerDARDEN RESTAURANTS INC (DRI)“If we are unable to diversify our tenant and transaction partner base further beyond Darden, it may have a materially adverse effect on our ability to operate and grow our business and our ability to achieve our strategic objectives.”

Quoted from the company's 10-K filed Feb 12, 2026.

FCPT customer concentration

In the period ended Jun 30, 2026, 2 direct customers each accounted for at least 10% (43.8%, 31.1%) of revenue, per the company's 10-Q filed Jul 30, 2026. The company does not name them.

FCPT analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.28$0.29-2.5%$84.4M3
Next quarter (ends Dec 2026)$0.28$0.29-4.3%$86.4M3
Current fiscal year (ends Dec 2026)$1.11$1.14-2.5%$323.3M3
Next fiscal year (ends Dec 2027)$1.08$1.14-5.6%$348.1M3

FCPT options: expected move

Options price a move of about ±9.1% (±$2.01) by Nov 20, 2026, which includes earnings on Oct 28, 2026. Over the last 8 reports the stock moved ±1.8% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262842.6%±9.1%
Dec 18, 20265640.9%±20.2%
Mar 19, 202714724.6%±12.8%

30-day implied volatility 23.8% vs 21.8% realized over the last 30 trading days. Put/call ratio (volume) —. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 11:23 UTC)

PriceUSD 22.05
Change▲ 4.06% (up)
Previous CloseUSD 22.05
OpenUSD 22.05
Day RangeUSD 21.3 – 22.09
52-Week RangeUSD 20.86 – 26.86
Volume947,390 shares
Market Cap—
ExchangeNYQ

Technical Analysis (FCPT)

Nexqual's technical model rates FCPT "SELL" based on 2 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 11:23 UTC.

Overall SignalSELL
RSI (14)45.99 (neutral)
vs SMA50Below (USD 23.23)
MACD-0.39 (negative)

Earnings (FCPT)

Next Earnings Date2026-10-28
EPS EstimateUSD 0.28
Revenue Estimate$84.38M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 0.27 vs est 0.28 ▼ miss
2026-03-31USD 0.28 vs est 0.28 ▲ beat
2025-12-31USD 0.28 vs est 0.28 ▼ miss
2025-09-30USD 0.28 vs est 0.28 ▼ miss

Source: Nexqual, October 23, 2026 at 11:23 UTC.

Financials & Fundamentals (FCPT)

Total Revenue$306.40M
Revenue Growth (latest quarter, YoY)+7.70%
Gross Margin+85.60%
Operating Margin+55.08%
Profit Margin+38.70%
ROE+7.65%
Debt / Equity0.78
Current Ratio0.25
Total Cash$40.09M
Total Debt$1.26B

Source: Nexqual, October 23, 2026 at 11:23 UTC.

Ownership (FCPT)

Insider Ownership+1.30%
Institutional Ownership+105.61%
Shares Outstanding109.76M
Float108.38M
Short % of Float+3.15%

Source: Nexqual, October 23, 2026 at 11:23 UTC.

From Four Corners Property Trust, Inc.'s Latest SEC 10-K Filing (filed 2026-02-12)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
IVTInvenTrust Properties Corp.USD 30.14▲ 2.55%
UEUrban Edge PropertiesUSD 19.55▲ 2.3%
AKRAcadia Realty TrustUSD 18.78▲ 3.19%
GTYGetty Realty CorporationUSD 28.45▲ 3.57%
CURBCurbline Properties Corp.USD 28.86▲ 7.25%
NTSTNetSTREIT Corp.USD 17.02▲ 3.34%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 11:23 UTC. This page is informational and not investment advice.

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