UBS reiterates Four Corners Property Trust stock rating on acquisition growth By Investing.com

UBS reiterated a Buy rating and a $30.00 price target on Four Corners Property Trust, citing faster acquisition activity and improved growth prospects. The article says Four Corners acquired 102 Mission Pet Health Veterinary properties for $268 million and 14 Sun Auto Tire & Service properties for $26 million. Total acquisitions in 2026 reached $360 million to date, surpassing the company’s full-year 2025 volume of $318 million. UBS now forecasts 2026 adjusted funds from operations (AFFO) of $1.86 per share versus a consensus $1.85, and 2027 AFFO of $1.97 versus $1.93, implying growth rising from 4.5% in 2026 to 5.7% in 2027. With a 5.9% dividend yield, UBS estimates total return potential above 11%. The shares trade at a 13.4x next-twelve-month AFFO multiple, a 1.5% premium to triple-net lease peers.