Four Corners Property Trust Inc (NYSE:FCPT) shares, rose in value on Friday, May 30, with the stock price up by 0.73% to the previous day’s close as strong demand from buyers drove the stock to $27.61.
Actively observing the price movement in the last trading, the stock closed the session at $27.41. The PE ratio was 25.84 over 12-month period. Referring to stock’s 52-week performance, its high was $30.90, and the low was $23.71. On the whole, FCPT has fluctuated by -1.22% over the past month.
With the market capitalization of Four Corners Property Trust Inc currently standing at about $2.77 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.34, with its dividend yield at 4.87%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 283.78M, with a low estimate of 63.1M and a high estimate of 73.61M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 70.27M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FCPT’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 6.80, with the price of FCPT currently trading nearly 0.67% and -0.47% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.94, while the 7-day volatility ratio is showing 0.54% which for the 30-day chart, stands at 0.94%. Furthermore, Four Corners Property Trust Inc (FCPT)’s beta value is 0.87, and its average true range (ATR) is 0.48.
A comparison of Four Corners Property Trust Inc (FCPT) with its peers suggests the former has fared considerably weaker in the market. FCPT showed an intraday change of 0.73% in last session, and over the past year, it grew by 15.71%%.
Data on historical trading for Four Corners Property Trust Inc (NYSE:FCPT) indicates that the trading volumes over the past 3 months, they’ve averaged 814.99K. According to company’s latest data on outstanding shares, there are 99.97 million shares outstanding.
Nearly 1.40% of Four Corners Property Trust Inc’s shares belong to company insiders and institutional investors own 102.80% of the company’s shares. The stock has risen by 1.73% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FCPT stock heading into the next quarter.
