Welcome to our dedicated page for Four Corners Ppty Tr news (Ticker: FCPT), a resource for investors and traders seeking the latest updates and insights on Four Corners Ppty Tr stock.
Four Corners Property Trust Inc (NYSE: FCPT) is a leading net lease REIT specializing in restaurant and retail real estate. This page serves as the definitive source for official company announcements, financial updates, and strategic developments. Investors and analysts will find curated press releases detailing portfolio acquisitions, earnings reports, and operational milestones.
Our repository provides timely access to FCPT's sale-leaseback transactions, property expansions, and management initiatives. Key updates include quarterly financial results, dividend declarations, and geographic diversification efforts across its 48-state portfolio. All content is sourced directly from company filings and verified channels.
Bookmark this page for streamlined tracking of FCPT's net lease operations and restaurant real estate strategies. Regular updates ensure you stay informed about tenant partnerships, credit rating changes, and market positioning within the REIT sector. For comprehensive analysis of FCPT's performance indicators and industry trends, visit Stock Titan regularly.
Four Corners Property Trust (FCPT) announced robust financial results for Q3 2021, highlighting a 12.3% increase in rental revenue to $43.7 million and a net income of $21.2 million ($0.28 per diluted share). The company acquired 53 properties for $107 million, focusing on non-restaurant sectors. FCPT maintained a strong rent collection rate of 99.8% and improved its Funds from Operations (FFO) per share to $0.39. Despite a slight increase in G&A expenses, liquidity remains healthy with $204.8 million available, including $7.8 million in cash. The company continues to prioritize growth through strategic acquisitions.
Four Corners Property Trust (NYSE:FCPT) has acquired a newly constructed Raising Cane’s restaurant property for $2.2 million. Located in a prime retail corridor in Illinois, this property is leased to the corporate operator under a triple net lease with 15 years remaining. The transaction aligns with FCPT's strategy of owning and acquiring high-quality net-leased properties and was priced at a cap rate consistent with previous FCPT transactions.
Four Corners Property Trust (NYSE:FCPT) has acquired a Chili’s restaurant property in Missouri for $3.2 million. This transaction features a 6.5% going-in cash capitalization rate and is secured by a new triple net lease with a franchisee, ensuring a 20-year term with 1.5% annual rent increases. The acquisition strategically enhances FCPT's portfolio within a strong retail corridor, reflecting its focus on high-quality, net-leased restaurant and retail properties.
Four Corners Property Trust (FCPT) has acquired an Aspen Dental property for $1.9 million. The property is strategically located in a high-traffic area in Arkansas and operates under a corporate net lease. This acquisition aligns with FCPT's strategy of expanding its portfolio of high-quality, net-leased restaurant and retail properties. The transaction’s cap rate is consistent with previous FCPT acquisitions, indicating stable investment performance.
Four Corners Property Trust (FCPT) has acquired an Oak Street Health property for $1.8 million. This corporate-operated property is located in a high-traffic area of Oklahoma and is secured under a long-term, triple net lease. The transaction reflects a cap rate consistent with FCPT's historical transactions, indicating a strategic expansion in their portfolio of high-quality, net-leased restaurant and retail properties.
Four Corners Property Trust (NYSE: FCPT) will release its financial results for Q3 2021 on October 26, 2021, after market close. A conference call discussing the results is scheduled for October 27, 2021, at 11:00 a.m. ET. Investors can pre-register to streamline their entry into the call. FCPT focuses on owning, acquiring, and leasing high-quality, net-leased restaurant and retail properties. The company aims to grow its portfolio through strategic acquisitions.
Four Corners Property Trust, Inc. (NYSE: FCPT) announced a quarterly cash dividend of $0.3175 per share, totaling $1.27 per share annually. This dividend will be paid on October 15, 2021 to shareholders of record as of October 7, 2021. FCPT focuses on acquiring and leasing restaurant and retail properties, with ongoing efforts to expand its portfolio. The company emphasizes that forward-looking statements may involve risks and uncertainties that could impact actual results.
Four Corners Property Trust (FCPT) has acquired three properties, including Buffalo Wild Wings, Wells Fargo, and Texas Roadhouse, for $5.1 million from Washington Prime Group. These properties are located in strong retail areas of Florida and Pennsylvania and are leased under triple net agreements with an average remaining term of five years. The acquisition price aligns with FCPT's historical cap rates. This strategic acquisition enhances FCPT's portfolio in the restaurant and retail sectors.
Four Corners Property Trust (FCPT) announced the acquisition of an Arby’s property for
Four Corners Property Trust (FCPT) has announced the acquisition of three Caliber Collision properties for $7.2 million. The properties are strategically located in high-traffic areas of New York, featuring corporate-operated net leases with a weighted average remaining term of seven years and annual rent increases of 2%. This transaction, priced at a 6.8% cap rate on current rent, reinforces FCPT's commitment to expanding its portfolio of high-quality, net-leased restaurant and retail properties.
FAQ
What is the current stock price of Four Corners Ppty Tr (FCPT)?
What is the market cap of Four Corners Ppty Tr (FCPT)?
