Prologis (NYSE:PLD) versus Four Corners Property Trust (NYSE:FCPT) Head-To-Head Review
by Teresa Graham · The Cerbat GemFour Corners Property Trust (NYSE:FCPT – Get Free Report) and Prologis (NYSE:PLD – Get Free Report) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their earnings, valuation, risk, institutional ownership, dividends, profitability and analyst recommendations.
Analyst Ratings
This is a summary of recent ratings and recommmendations for Four Corners Property Trust and Prologis, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Four Corners Property Trust | 0 | 4 | 2 | 0 | 2.33 |
| Prologis | 0 | 7 | 10 | 2 | 2.74 |
Four Corners Property Trust currently has a consensus target price of $28.80, indicating a potential upside of 20.03%. Prologis has a consensus target price of $125.39, indicating a potential downside of 0.40%. Given Four Corners Property Trust’s higher probable upside, equities research analysts clearly believe Four Corners Property Trust is more favorable than Prologis.
Institutional & Insider Ownership
98.7% of Four Corners Property Trust shares are owned by institutional investors. Comparatively, 93.5% of Prologis shares are owned by institutional investors. 1.2% of Four Corners Property Trust shares are owned by insiders. Comparatively, 0.6% of Prologis shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Risk and Volatility
Four Corners Property Trust has a beta of 0.88, meaning that its share price is 12% less volatile than the S&P 500. Comparatively, Prologis has a beta of 1.29, meaning that its share price is 29% more volatile than the S&P 500.
Valuation and Earnings
This table compares Four Corners Property Trust and Prologis”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Four Corners Property Trust | $286.80 million | 8.88 | $100.47 million | $1.09 | 22.01 |
| Prologis | $8.74 billion | 13.38 | $3.73 billion | $3.43 | 36.70 |
Prologis has higher revenue and earnings than Four Corners Property Trust. Four Corners Property Trust is trading at a lower price-to-earnings ratio than Prologis, indicating that it is currently the more affordable of the two stocks.
Dividends
Four Corners Property Trust pays an annual dividend of $1.46 per share and has a dividend yield of 6.1%. Prologis pays an annual dividend of $4.04 per share and has a dividend yield of 3.2%. Four Corners Property Trust pays out 133.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Prologis pays out 117.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Four Corners Property Trust has increased its dividend for 5 consecutive years and Prologis has increased its dividend for 12 consecutive years.
Profitability
This table compares Four Corners Property Trust and Prologis’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Four Corners Property Trust | 38.04% | 7.39% | 3.98% |
| Prologis | 36.71% | 5.55% | 3.31% |
Summary
Prologis beats Four Corners Property Trust on 11 of the 18 factors compared between the two stocks.
About Four Corners Property Trust
Four Corners Property Trust, Inc. engages in the owning, acquisition, and leasing of properties for use in the restaurant and food-service related industries. It operates through the Real Estate Operations and Restaurant Operations segments. The Real Estate Operations segment consists of rental revenues generated by leasing restaurant properties. The Restaurant Operations segment includes the Kerrow Restaurant operating business. The company was founded on July 2, 2015 and is headquartered in Mill Valley, CA.
About Prologis
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,700 customers principally across two major categories: business-to-business and retail/online fulfillment.