NYSE: FCPT · Retail REITs
Four Corners Property Trust (FCPT) fair value and price range
As of 29 Sep 2026, Faircurve's model values Four Corners Property Trust (FCPT) at $19.31 a share. The stock last closed at $21.55, which puts the model's fair value 10.4% below the price. No verdict is shown for FCPT on this run. The fair value and its range are shown for reference.
Revalued . Price is the close of 2 Oct 2026. Four Corners Property Trust, Inc.
Faircurve Insights · 29 Sep 2026
Four Corners Property Trust (FCPT), a real estate investment trust based in Mill Valley, California, specializes in acquiring and leasing properties primarily for restaurant operations.
Faircurve's model found a fair value of $19.31 a share for FCPT on 29 Sep 2026. The fair value moved +0.1% since the previous run on 26 Sep 2026, when it was $19.29. The model's calibrated range over 63 trading days is $16.20 to $23.55, and ranges built this way held the price 60% of the time at this horizon. The evidence grade is High.
The model compares FCPT with Urban Edge Properties (UE), Acadia Realty Trust (AKR), Curbline Properties Corp. (CURB), Getty Realty Corp. (GTY), Tanger Inc. (SKT), Phillips Edison & Co. (PECO), Kite Realty Group Trust (KRG), and The Macerich Company (MAC). Around the last 8 earnings reports, the stock moved a median of 1.8%, ignoring direction.
Written from the figures on this page for the 29 Sep 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give FCPT?
The calibrated range for FCPT over 63 trading days is $16.20 to $23.55. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The model's own range is $17.78 to $21.03.
How does FCPT compare with similar companies?
The companies in retail reits closest to Four Corners Property Trust in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| UE Urban Edge Properties | $19.70 | $19.22 | -2.4% | No verdict on this run |
| AKR Acadia Realty Trust | $18.63 | $14.67 | -21.3% | Low evidence grade |
| CURB Curbline Properties Corp. | $28.27 | $14.11 | -50.1% | Low evidence grade |
| GTY Getty Realty Corp. | $28.20 | $31.01 | +10.0% | No verdict on this run |
| SKT Tanger Inc. | $35.11 | $30.81 | -12.2% | No verdict on this run |
| PECO Phillips Edison & Co. | $37.76 | $32.32 | -14.4% | Low evidence grade |
| KRG Kite Realty Group Trust | $24.39 | $33.96 | +39.2% | No verdict on this run |
| MAC The Macerich Company | $23.05 | $8.00 | -65.3% | Gap wider than 60% |
When does FCPT report earnings, and how has the stock reacted?
Four Corners Property Trust's next earnings report is scheduled for 27 Oct 2026. Companies can move their dates.
How FCPT moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 1.8%.
| Report date | Two session move |
|---|---|
| 29 Jul 2026 | -1.7% |
| 29 Apr 2026 | +0.2% |
| 11 Feb 2026 | -3.6% |
| 28 Oct 2025 | -3.7% |
| 29 Jul 2025 | -1.8% |
| 30 Apr 2025 | +2.5% |
| 12 Feb 2025 | +1.6% |
| 30 Oct 2024 | -1.9% |
Four Corners Property Trust at a glance
Four Corners Property Trust (FCPT), a real estate investment trust based in Mill Valley, California, specializes in acquiring and leasing properties primarily for restaurant operations.
- Market value
- $2.4B
- Sector
- Real Estate
- Industry
- Retail REITs
- Beta to the US market
- -0.15
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model values Four Corners Property Trust three ways and blends them; the range around the fair value comes from 2,000 simulations of the dividend model. The full method is documented here.
What changed in the latest valuation?
On 26 Sep 2026 the model's fair value for FCPT was $19.29. As of 29 Sep 2026 it is $19.31, a change of +0.1%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Four Corners Property Trust's valuation
Is Four Corners Property Trust stock undervalued or overvalued?
Faircurve's model puts FCPT's fair value at $19.31 a share against a last close of $21.55, as of 29 Sep 2026. No verdict is shown for FCPT on this run. The fair value and its range are shown for reference.
What is FCPT's fair value?
$19.31 a share as of 29 Sep 2026. The fair value blends three methods: a cash-flow multiple against comparable companies, a dividend model, and the value of the properties. The model's own range is $17.78 to $21.03.
What price range does the model give FCPT?
$16.20 to $23.55 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does Four Corners Property Trust report earnings next?
The next report is scheduled for 27 Oct 2026. Companies can move their dates.
How much has FCPT moved on past earnings reports?
Across its last 8 reports the median two session move was 1.8%, ignoring direction. The largest was -3.7% around the report of 28 Oct 2025.
How confident is the model in this valuation?
The model's evidence grade for FCPT is high. For real estate investment trusts (REITs) the grade looks at the dividend record: at least three years of paid dividends with no cut. It is not a probability that the fair value is right, or that the price reaches it.