Press coverage about Four Corners Property Trust (NYSE:FCPT) has been trending positive this week, according to AlphaOne Sentiment. AlphaOne, a service of Accern, identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Four Corners Property Trust earned a media sentiment score of 0.28 on AlphaOne’s scale. AlphaOne also gave media stories about the financial services provider an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an impact on the company’s share price in the next several days.
Four Corners Property Trust (NYSE:FCPT) traded up 2.19% during midday trading on Friday, hitting $23.78. 369,411 shares of the stock traded hands. The stock has a 50-day moving average of $23.04 and a 200 day moving average of $21.19. Four Corners Property Trust has a 52-week low of $16.71 and a 52-week high of $24.10. The firm has a market cap of $1.43 billion, a PE ratio of 18.33 and a beta of 0.26.
Four Corners Property Trust (NYSE:FCPT) last posted its quarterly earnings data on Wednesday, February 22nd. The financial services provider reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.06. The firm had revenue of $31.27 million during the quarter, compared to analysts’ expectations of $29.09 million. Four Corners Property Trust had a return on equity of 29.56% and a net margin of 115.37%. The firm’s quarterly revenue was up 60.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.35 EPS. Equities analysts forecast that Four Corners Property Trust will post $1.03 EPS for the current year.
Separately, Zacks Investment Research lowered shares of Four Corners Property Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, May 9th.
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Four Corners Property Trust Company Profile
Four Corners Property Trust, Inc is a self-administered company and real estate investment trust (REIT), which owns, acquires and leases properties for use in the restaurant and food service related industries. The Company operates through two segments: real estate operations and restaurant operations.
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