This study aims to determine the effect of Free Cash Flow, Return on Assets, Debt to Total Assets and Level of Payments dividend to Stock Prices. This research use 8 samples of property, real estate, and building Construction Company listed on BEI year 2012-2015. The analysis technique used is panel data regression using three alternative model approach that is, Common Effect, Fixed Effect and Random Effect. Then for model selection used Chow Test Hausman Test model by t-statistic Test. The results of this study showed that the Free Cash Flow and dividend have positive but not significant effect on Stock Price while Debt to Total Asset have positive significant effect on Stock Price and Return On Asset have negative but not significant effect to Stock Price.