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-0.000175581413909262 -0.00068636370891786 -4.7885840157022E-05 0.000175581413909262 -0.000893869016265137 0.000845983176108115 0.00164408051205921 0.00164408051205921
Stock impact report

FCPT Q1 2026 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Chief Financial Officer — Patrick L. Wernig Chief Investment Officer — Joshua Zhang Need a quote from a Motley Fool analyst? Email pr@fool.com TAKEAWAYS AFFO per share growth -- 3.4% increase, as management continues to emphasize "steady risk-adjusted growth." Q1 Acquisitions -- $26 million in net lease properties acquired at a 6.8% blended cash cap rate and a 7.3% GAAP cap rate; Q1 volume described as seasonally lower, with more activity expected in Q2. Annual Property Acquisitions -- $288 million of properties acquired in the trailing twelve months, reinforcing the company's level of external growth. New Term Loan -- Secured $200 million of new seven-year debt at an all-in rate of 4.9%; $50 million drawn in April, with plans to deploy remainder through Q3. Portfolio Rent Coverage -- 5.1x for reporting properties and 5.8x for Garden properties in Q1, described by management as amongst the strongest coverage within the net lease industry. Top Tenants Same-Store Sale Show less Read more
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