Four Corners Property Trust Q4 rental revenue rises

Four Corners Property Trust

11/02/2026 21:16

Overview

Real estate trust's Q4 rental revenue rose 11.6% yr/yr

Net income for Q4 rose to $29.4 mln

AFFO per share for Q4 increased by $0.01 yr/yr

Outlook

FCPT highlights strong leverage capacity entering 2026

Company aims to continue growth through property acquisitions

Result Drivers

ACQUISITIONS - FCPT invested $318 mln in 105 properties, focusing on high-value retail corridors, boosting rental revenue

HIGH RENT COLLECTION - FCPT achieved a rent collection rate of 99.5% for Q4, indicating stable tenant performance

EQUITY FUNDING - FCPT funded acquisitions primarily through equity issuance, improving leverage profile

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Rental Revenue
$67.84 mln
Q4 EPS
$0.28
Q4 Net Income
$29.47 mln
Q4 Dividend
$0.37
Q4 Operating Expenses
$33.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commercial reits peer group is "buy"

Wall Street's median 12-month price target for Four Corners Property Trust Inc is $29.00, about 14.4% above its February 10 closing price of $25.34

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nBw8VBfska

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)