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Four Corners Property Trust Inc - FCPT STOCK NEWS

Welcome to our dedicated news page for Four Corners Property Trust (Ticker: FCPT), a resource for investors and traders seeking the latest updates and insights on Four Corners Property Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Four Corners Property Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Four Corners Property Trust's position in the market.

Rhea-AI Summary
Four Corners Property Trust (FCPT) acquires Tire Discounters property for $1.7 million in Ohio
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
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Rhea-AI Summary
Four Corners Property Trust, Inc. (NYSE: FCPT) announces 1.5% increase in quarterly cash dividend
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dividends earnings
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Rhea-AI Summary
Four Corners Property Trust (FCPT) Announces $2.2 Million Acquisition of Taco Bell Property in Oklahoma, Priced at 7.3% Cap Rate
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.91%
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acquisition
Rhea-AI Summary
Four Corners Property Trust, Inc. (FCPT) announces financial results for Q3 2023, with rental revenue increasing 17.3% to $57.2 million. Net income attributable to common shareholders was $24.2 million for the quarter. The company received rent payments representing 99.9% of its portfolio contractual base rent. FCPT's rental portfolio consists of 1,106 properties with a 99.8% occupancy rate and a weighted average remaining lease term of 8.0 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.82%
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earnings
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Rhea-AI Summary
Four Corners Property Trust acquires Oak Street Health property for $2.4 million
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
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acquisition
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Rhea-AI Summary
Four Corners Property Trust to release financial results for Q3 2023 on November 1, 2023. Conference call and webcast scheduled for November 2, 2023 at 11:00 a.m. ET.
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Rhea-AI Sentiment
End-of-Day
1%
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conferences earnings
Rhea-AI Summary
Four Corners Property Trust announces the disposition of a Red Lobster property for $3.8 million, with plans to repurpose the proceeds into new investment opportunities. The Company anticipates redeploying the proceeds through a 1031-Exchange. However, there is a risk of tax payment if replacement properties are not acquired within the specified timeframe.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
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none
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Rhea-AI Summary
Four Corners Property Trust announces disposition of Red Lobster property for $5.3 million. Proceeds to be repurposed into new investment opportunities. Potential tax implications if replacement properties not acquired within specified timeframe.
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Rhea-AI Sentiment
End-of-Day
0.73%
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Rhea-AI Summary
Four Corners Property Trust declares quarterly cash dividend of $0.34 per share for Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
Tags
dividends earnings
Rhea-AI Summary
Four Corners Property Trust announces the disposition of a Red Lobster property for $5.9 million. Proceeds to be repurposed into new investment opportunities through a 1031-Exchange. Failure to acquire new properties within specified timeframes may result in tax payment.
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Four Corners Property Trust Inc

NYSE:FCPT

FCPT Rankings

FCPT Stock Data

2.25B
90.75M
1.23%
101.73%
2.7%
Other Activities Related to Real Estate
Real Estate and Rental and Leasing
Link
US
Mill Valley

About FCPT

four corners property trust (nyse:fcpt) is a $2 billion investment grade rated net lease reit focused on restaurant real estate. fcpt was spun-off from darden restaurants, inc. in november 2015 with 418 properties. today, fcpt owns over 500 properties in 44 states with over 20 brands. at fcpt, our strategy continues to be diversifying and scaling our portfolio through acquisitions and sale-leasebacks of quality credit restaurant operators with strong fundamental real estate. for more information, navigate to the following site: www.fcpt.com