Will Ladenburg Thalmann’s Latest Ratings Coverage Help Four Corners Property Trust (NYSE:FCPT)’s Share Price?


How Ladenburg Thalmann Currently Rates Four Corners Property Trust (NYSE:FCPT)

Research analysts at Ladenburg Thalmann have begun coverage Four Corners Property Trust (NYSE:FCPT) shares in a recent report shared with investors on Monday morning, IR.net reports. The broker has set a “Buy” rating on FCPT stock.

Approximately 149,439 shares of stock traded hands. Four Corners Property Trust Inc (NYSE:FCPT) has risen 6.00% since November 14, 2015 and is uptrending. It has outperformed by 10.42% the S&P500.

Four Corners Property Trust, Inc. is engaged in owning, acquiring and leasing properties on a triple-net basis for use in the restaurant industry and other industries. The company has a market cap of $913.83 million. The Firm owns approximately 424 restaurant properties. It currently has negative earnings. The Company’s properties are located across approximately 44 states in the United States.

According to Zacks Investment Research, “Four Corners Property Trust, Inc. is involved in the acquisition and leasing of restaurant locations. Four Corners is headquartered in Mill Valley, CA.”