Four Corners Property Trust (FCPT) Earns Daily Media Impact Rating of 0.21
News articles about Four Corners Property Trust (NYSE:FCPT) have trended somewhat positive on Sunday, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Four Corners Property Trust earned a coverage optimism score of 0.21 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 46.6819071663901 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment’s analysis:
- FCPT Closes 46 Chili’s Restaurant Properties for $149.8 million as part of Previously Announced Brinker Sale-Leaseback Transaction (finance.yahoo.com)
- FCPT Announces Acquisition of a Buffalo Wild Wings Restaurant Property for $1.7 million (finance.yahoo.com)
- Four Corners Property Trust (FCPT) vs. Sutherland Asset Management (SLD) Head to Head Analysis (americanbankingnews.com)
- FCPT Announces Acquisition of an Arby’s Restaurant Property for $1.6 million (finance.yahoo.com)
- Four Corners Property Trust Inc (FCPT) Expected to Post Quarterly Sales of $35.62 Million (americanbankingnews.com)
Shares of FCPT traded down $0.16 on Friday, reaching $26.01. The stock had a trading volume of 360,648 shares, compared to its average volume of 479,703. The stock has a market cap of $1.65 billion, a P/E ratio of 19.13 and a beta of -0.04. The company has a debt-to-equity ratio of 0.90, a current ratio of 6.59 and a quick ratio of 6.59. Four Corners Property Trust has a twelve month low of $21.28 and a twelve month high of $26.96.
The business also recently announced a quarterly dividend, which was paid on Friday, July 13th. Shareholders of record on Friday, June 29th were issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date of this dividend was Thursday, June 28th. Four Corners Property Trust’s dividend payout ratio (DPR) is presently 80.88%.
A number of research firms recently weighed in on FCPT. Zacks Investment Research upgraded Four Corners Property Trust from a “sell” rating to a “hold” rating in a report on Thursday. LADENBURG THALM/SH SH cut Four Corners Property Trust from a “buy” rating to a “neutral” rating and set a $26.00 price target on the stock. in a report on Tuesday, July 31st. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Four Corners Property Trust has a consensus rating of “Hold” and a consensus price target of $27.00.
Four Corners Property Trust Company Profile
FCPT is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease for use in the restaurant and related food services industry.
See Also: Find a Trading Strategy That Works
Receive News & Ratings for Four Corners Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Four Corners Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.