Four Corners Property Trust Inc (NYSE: FCPT) Loses -11.59% From High. Why That Could Change?

Currently, there are 91.62M common shares owned by the public and among those 90.68M shares have been available to trade.

The company’s stock has a 5-day price change of 1.50% and -0.25% over the past three months. FCPT shares are trading -3.56% year to date (YTD), with the 12-month market performance down to -8.24% lower. It has a 12-month low price of $20.51 and touched a high of $27.60 over the same period. FCPT has an average intraday trading volume of 407.81K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.13%, 1.50%, and 3.05% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Four Corners Property Trust Inc (NYSE: FCPT) shares accounts for 98.43% of the company’s 91.62M shares outstanding.

It has a market capitalization of $2.24B and a beta (3y monthly) value of 1.09. The stock’s trailing 12-month PE ratio is 22.86, while the earnings-per-share (ttm) stands at $1.07. The company has a debt-to-equity ratio at 0.90. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.57% over the week and 1.41% over the month.

Earnings per share for the fiscal year are expected to increase by 1.46%, and 3.24% over the next financial year.

Looking at the support for the FCPT, a number of firms have released research notes about the stock. Wells Fargo stated their Overweight rating for the stock in a research note on September 21, 2023, with the firm’s price target at $28. Evercore ISI coverage for the Four Corners Property Trust Inc (FCPT) stock in a research note released on November 21, 2022 offered a In-line rating with a price target of $28. Evercore ISI was of a view on September 13, 2022 that the stock is Outperform, while Berenberg gave the stock Hold rating on August 02, 2022, issuing a price target of $31- $30. Janney on their part issued Neutral rating on August 01, 2022.

Most Popular

Related Posts