Investors finally get a glimpse of Four Corners Property Trust Inc (FCPT) volume hitting the figure of 0.44 million.

A new trading day began on Tuesday, with Four Corners Property Trust Inc (NYSE: FCPT) stock price remained unchanged from the previous day of trading, before settling in for the closing price of $24.40. FCPT’s price has ranged from $20.51 to $27.60 over the past 52 weeks.

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Annual sales at Real Estate sector company grew by 11.82% over the past five years. Meanwhile, its annual earnings per share averaged 1.46%. With a float of $90.68 million, this company’s outstanding shares have now reached $91.62 million.

Let’s look at the performance matrix of the company that is accounted for 516 employees.

Four Corners Property Trust Inc (FCPT) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Retail Industry. The insider ownership of Four Corners Property Trust Inc is 1.42%, while institutional ownership is 98.43%. The most recent insider transaction that took place on Jun 12 ’24, was worth 177,569. In this transaction Director of this company sold 7,230 shares at a rate of $24.56, taking the stock ownership to the 61,108 shares. Before that another transaction happened on Jun 10 ’24, when Company’s President and CEO bought 6,230 for $24.05, making the entire transaction worth $149,832. This insider now owns 620,394 shares in total.

Four Corners Property Trust Inc (FCPT) Latest Financial update

In its latest quarterly report, released on 3/31/2024, the company reported earnings of 0.27 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1.46% per share during the next fiscal year.

Four Corners Property Trust Inc (NYSE: FCPT) Trading Performance Indicators

Here are Four Corners Property Trust Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.73. Likewise, its price to free cash flow for the trailing twelve months is 14.50.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.07, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.12 in one year’s time.

Technical Analysis of Four Corners Property Trust Inc (FCPT)

Four Corners Property Trust Inc (NYSE: FCPT) saw its 5-day average volume 0.36 million, a negative change from its year-to-date volume of 0.46 million. As of the previous 9 days, the stock’s Stochastic %D was 53.58%. Additionally, its Average True Range was 0.39.

During the past 100 days, Four Corners Property Trust Inc’s (FCPT) raw stochastic average was set at 66.01%, which indicates a significant increase from 50.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.00% in the past 14 days, which was lower than the 20.77% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $24.05, while its 200-day Moving Average is $23.67. Nevertheless, the first resistance level for the watch stands at $24.61 in the near term. At $24.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $24.95. If the price goes on to break the first support level at $24.28, it is likely to go to the next support level at $24.16. The third support level lies at $23.95 if the price breaches the second support level.

Four Corners Property Trust Inc (NYSE: FCPT) Key Stats

With a market capitalization of 2.24 billion, the company has a total of 91,986K Shares Outstanding. Currently, annual sales are 250,610 K while annual income is 95,340 K. The company’s previous quarter sales were 66,470 K while its latest quarter income was 24,040 K.