Home Dividends High Dividend Yield Valuation Now: Four Corners Property Trust (NYSE: FCPT)

Valuation Now: Four Corners Property Trust (NYSE: FCPT)

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Four Corners Property Trust trades as part of the real estate sector and is in the REITs industry. The company CEO is William H. Lenehan. Four Corners Property Trust Inc is a real estate investment trust. It focuses its efforts on investing primarily in restaurants based in the United States.

Previous Intraday Trading Performance:

The FCPT stock showed a previous change of 1.44% with an open at 27.88 and a close of 28.22. It reached an intraday high of 28.30 and a low of 27.88.

Business Wire:  FCPT Declares Second Quarter 2019 Dividend

Liquidity:

The stock has a market cap of $1.9b with 68.4m shares outstanding, of which the float is 67.9m shares. Trading volume reached 437,390 shares compared to its average volume of 452,421 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Four Corners Property Trust shares returned -1.36% and in the past 30 trading days it returned -0.28%. Over three months, it changed -1.83%. In one year it has changed 29.26% and within that year its 52-week high was 29.85 and its 52-week low was 22.67. FCPT stock is 24.48% above its 52 Week Low.

Our calculations show a 200 day moving average of 27.04 and a 50 day moving average of 28.69. Currently FCPT stock is trading 4.37% above its 200 day moving average and may be a good opportunity to buy.

Business Wire:  FCPT Declares Second Quarter 2019 Dividend

Earnings:

The last annual fiscal EPS for the company was reported at 1.28 that ended on 31st of December 2018, which according to the previous close, that is a PE of 22.05. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.36. The TTM EPS is 1.41, which comes to a TTM PE of 20.01.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/23/2019): 0.26
4thQtr of 2018 (Reported on 02/13/2019): 0.31
3rdQtr of 2018 (Reported on 10/29/2018): 0.27
2ndQtr of 2018 (Reported on 07/25/2018): 0.44
1stQtr of 2018 (Reported on 04/25/2018): 0.26

The dividend per share is currently 1.15, which is a dividend yield of 4.08%.

Base on our calculations, the intrinsic value per share is 41.72, which means it is possibly undervalued and has a margin of safety of 32.36%.

Indicators to Watch:

Based on the latest filings, there is 0.80% of insider ownership. Short-interest was 1,548,586, which was 2.26% of shares outstanding. The short-interest ratio or days-to-cover ratio was 4.56. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.16.

SeekingAlpha:  Boise Cascade misses by $0.08, misses on revenue

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 13.90%, return on assets is 6.90%, profit margin is 56.71%, price-to-sales is 12.82 and price-to-book is 2.78.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 3  :Past Performance Score
 2  :Financial Strength Score
 2  :Future Growth Score
 4  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.