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0 0 0 0 0.00597779675491021 0.00597779675491021 -0.000426985482493662 0.00298889837745518
Stock impact report

Four Corners Property: Better Valuation, But Limited Near-Term Upside [Seeking Alpha]

Four Corners Property Trust, Inc. (FCPT) 
Last four corners property trust, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
Portfolio concentration risk is gradually improving, but Darden exposure will likely persist above 40% for several years. Acquisition cap rates remain below FCPT's cost of capital, leading to value-destructive growth and muted AFFO per share increases. With limited upside and macro headwinds, FCPT is expected to return close to its 9% cost of equity going forward. jetcityimage/iStock Editorial via Getty Images Introduction In February, I wrote my first article about Four Corners Property ( FCPT ). At that time, the share price was around $28; now, 10 months later, the share price has fallen to around $23.50. This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business r Show less Read more
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