AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Four Corners Property Trust (FCPT) is acquiring two Hawaiian Bros properties for $5.9 million from Stine Enterprises. The S&P 500 Real Estate Index Sector rose 1.83% amid expectations of a Federal Reserve rate cut. Sixth Street Partners has withdrawn its acquisition proposal for Plymouth Industrial REIT (PLYM). FCPT's revenue growth rate is 3.2% over the past three years, and its profitability is underscored by a robust operating margin of 55.67% and a net margin of 38.04%. However, its debt-to-equity ratio is 0.79, and the Altman Z-Score of 1.41 places the company in the distress zone.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet