Press coverage about Four Corners Property Trust (NYSE:FCPT) has been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Four Corners Property Trust earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.8646683235514 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- FCPT Closes First Tranche (10 Restaurant Properties) of Washington Prime Transaction (finance.yahoo.com)
- Four Corners Property Trust, Inc. (FCPT) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- Four Corners Property Trust (FCPT) to Acquire Two Buffalo Wild Wings Restaurant Properties for $6.6M (streetinsider.com)
- Four Corners Property Trust is Now Oversold (FCPT) (nasdaq.com)
- $34.16 Million in Sales Expected for Four Corners Property Trust, Inc. (FCPT) This Quarter (americanbankingnews.com)
Shares of Four Corners Property Trust (FCPT) opened at $24.10 on Friday. The company has a market capitalization of $1,474.82, a P/E ratio of 17.09 and a beta of 0.13. Four Corners Property Trust has a 1-year low of $20.40 and a 1-year high of $26.96.
The firm also recently declared a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 29th were issued a $0.275 dividend. This is a boost from Four Corners Property Trust’s previous quarterly dividend of $0.24. This represents a $1.10 annualized dividend and a dividend yield of 4.56%. The ex-dividend date of this dividend was Thursday, December 28th. Four Corners Property Trust’s dividend payout ratio (DPR) is currently 78.01%.
A number of research firms have weighed in on FCPT. Zacks Investment Research cut Four Corners Property Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd. BidaskClub raised Four Corners Property Trust from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Finally, Ladenburg Thalmann Financial Services reissued a “buy” rating and issued a $28.00 price target (up from $27.00) on shares of Four Corners Property Trust in a report on Friday, September 22nd. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $27.25.
WARNING: This article was originally reported by The Lincolnian Online and is owned by of The Lincolnian Online. If you are accessing this article on another publication, it was illegally copied and republished in violation of US & international copyright & trademark law. The original version of this article can be viewed at https://www.thelincolnianonline.com/2018/01/14/four-corners-property-trust-fcpt-getting-somewhat-positive-media-coverage-analysis-finds.html.
Four Corners Property Trust Company Profile
Four Corners Property Trust, Inc is a self-administered company and real estate investment trust (REIT), which owns, acquires and leases properties for use in the restaurant and food service related industries. The Company operates through two segments: real estate operations and restaurant operations.
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.