Four Corners Property Trust Inc

FCPT remains medium-term bearish after breaking below key support and trading under all major moving averages. With RSI in extreme oversold territory, execution should be deferred—selling is best reserved for rallies into the falling 9/20/50-day EMAs or the broken support zone near $24.57–$24.84. A sustained reclaim above the 20-day EMA and 50-day SMA on expanding volume would invalidate this bearish stance.

• ↑Q1 2026 cash rental income $70M (+10% YoY)
• ↑Portfolio occupancy 99.6%, base rent collected at 99.7%
• ↓Negative earnings yield questions long-term profitability