From Zacks Investment Research: 2025-05-30 13:10:00

Four Corners Property Trust (FCPT) acquired the Christian Brothers Automotive property through a sale-leaseback for $4.3 million. The property is located in Illinois and is under a long-term lease guaranteed by the corporate entity. FCPT also acquired an automotive service property in Arkansas for $5.3 million. The company continues to expand and diversify its portfolio to aid future revenue growth. In the past few months, FCPT has acquired several properties, including Christian Brothers Automotive and Caliber Collision properties. Despite potential headwinds in an elevated interest-rate environment, FCPT remains focused on its acquisition strategy. Shares of FCPT have decreased by 4.4% in the past three months.

Investors may consider stocks like CareTrust REIT (CTRE) and Uniti Group (UNIT), both carrying a Zacks Rank #2 (Buy). The Zacks Consensus Estimate for CTRE’s 2025 FFO per share is $1.81, and for UNIT, it is $1.50. It’s important to note that any earnings mentioned in this article refer to FFO, a metric commonly used to evaluate REIT performance.



Read more at Zacks Investment Research: Four Corners Continues its Acquisition Spree to Boost Portfolio – May 30, 2025