Raymond James analyst Collin Mings reiterated a Buy rating on Four Corners Property (NYSE:FCPT) Trust on Thursday, setting a price target of $27, which is approximately 5.14% above the present share price of $25.68.
Mings expects Four Corners Property Trust to post earnings per share (EPS) of $0.28 for the third quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Four Corners Property, with an average price target of $28.
The analysts price targets range from a high of $29 to a low of $27.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $42.43 million and a net profit of $26.4 million. The company's market cap is $1.75 billion.
According to TipRanks.com, Raymond James analyst Collin Mings is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.0% and a 53.48% success rate.
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 comprises of Kerrow Restaurant operating business. The company was founded on July 2, 2015 and is headquartered in Mill Valley, CA.