Four Corners Property Trust (NYSE:FCPT) versus NewLake Capital Partners (OTCMKTS:NLCP) Financial Analysis

NewLake Capital Partners (OTCMKTS:NLCP) and Four Corners Property Trust (NYSE:FCPT) are both real estate companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, valuation, profitability, institutional ownership, risk, analyst recommendations and earnings.

Analyst Recommendations

This is a breakdown of current ratings for NewLake Capital Partners and Four Corners Property Trust, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NewLake Capital Partners	0	1	1	0	2.50
Four Corners Property Trust	0	5	5	0	2.50

NewLake Capital Partners presently has a consensus target price of $15.75, indicating a potential upside of 0.77%. Four Corners Property Trust has a consensus target price of $27.78, indicating a potential upside of 8.51%. Given Four Corners Property Trust’s higher probable upside, analysts clearly believe Four Corners Property Trust is more favorable than NewLake Capital Partners.

Valuation and Earnings

This table compares NewLake Capital Partners and Four Corners Property Trust”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
NewLake Capital Partners	N/A	N/A	N/A	N/A	N/A
Four Corners Property Trust	$306.40 million	9.17	$112.36 million	$1.11	23.06

Four Corners Property Trust has higher revenue and earnings than NewLake Capital Partners.

Institutional & Insider Ownership

98.7% of Four Corners Property Trust shares are held by institutional investors. 1.2% of Four Corners Property Trust shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares NewLake Capital Partners and Four Corners Property Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
NewLake Capital Partners	N/A	N/A	N/A
Four Corners Property Trust	38.70%	7.35%	4.05%

Summary

Four Corners Property Trust beats NewLake Capital Partners on 8 of the 8 factors compared between the two stocks.

About NewLake Capital Partners

NewLake Capital Partners, Inc. is an internally-managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions and third-party purchases and funding for build-to-suit projects. NewLake owns a portfolio of 31 properties comprised of 14 cultivation facilities and 17 dispensaries that are leased to single tenants on a triple-net basis.

About Four Corners Property Trust

Four Corners Property Trust, Inc. engages in the owning, acquisition, and leasing of properties for use in the restaurant and food-service related industries. It operates through the Real Estate Operations and Restaurant Operations segments. The Real Estate Operations segment consists of rental revenues generated by leasing restaurant properties. The Restaurant Operations segment includes the Kerrow Restaurant operating business. The company was founded on July 2, 2015 and is headquartered in Mill Valley, CA.