Four Corners Property Trust, Inc.
At today's price, Four Corners Property Trust, Inc. (FCPT) is priced for -2.6% FFO growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
Four Corners is valued on adjusted funds from operations, trading at about 16x AFFO (a roughly 6.1% AFFO yield) at $24.45; the asset, earnings-power, and peer-multiple families all read it as richly valued while only the growth-DCF reaches the price, the signature of a net-lease quality premium. Q1 2026 was solid: total revenue up 9.4% to $78.2 million, rental revenue up 10.0%, AFFO per share up 3.4% to $0.45, a dividend covered around 1.21x, and accretive acquisitions of 17 properties year-to-
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331 institutional managers reported holding FCPT in 13F filings for the quarter ended 2026-03-31. 43 opened new positions that quarter. Held by BlackRock, Vanguard Group, FMR (Fidelity), among others. On the short side, 3.4M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (4.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
FCPT's share count grew 43.7% over the past five years. It pays a dividend, and has paid one every year in our records (10 and counting), raised 8 years straight; the current rate is $1.43 a share annually. Cash returned over the past three years: $373.11M in dividends.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at FCPT over the trailing three years: 2023: 3 buys totaling $306k; 2024: 1 buy totaling $150k; 2025: 2 buys totaling $246k; 2026: 3 buys totaling $550k. 11 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
FCPT's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-03 | -3.3% | -13.4% |
| 2023-11-03 | +4.8% | +12.1% |
| 2024-02-16 | +2.6% | -2.2% |
| 2024-05-03 | +2.7% | +2.6% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
FCPT's latest 8-K filings: 2026-07-16 (items 7.01, 8.01, 9.01); 2026-06-08 (items 5.07); 2026-06-01 (items 7.01, 8.01, 9.01); 2026-04-29 (items 2.02, 7.01, 9.01); 2026-04-07 (items 1.01, 2.03, 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.