Store Capital Corp (NYSE:STOR) – Stock analysts at Capital One Financial issued their FY2020 earnings per share (EPS) estimates for Store Capital in a research note issued to investors on Wednesday, March 6th. Capital One Financial analyst C. Lucas anticipates that the real estate investment trust will post earnings of $2.01 per share for the year.
Get Store Capital alerts:
A number of other research firms also recently weighed in on STOR. BMO Capital Markets set a $32.00 target price on Store Capital and gave the stock a “buy” rating in a report on Monday, January 14th. Raymond James set a $34.00 target price on Store Capital and gave the stock a “buy” rating in a report on Thursday, February 28th. Mizuho set a $34.00 target price on Store Capital and gave the stock a “buy” rating in a report on Wednesday, January 23rd. Finally, Zacks Investment Research raised Store Capital from a “hold” rating to a “buy” rating and set a $33.00 target price for the company in a report on Friday, November 16th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $30.75.
STOR opened at $32.54 on Monday. Store Capital has a fifty-two week low of $24.04 and a fifty-two week high of $32.90. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.37 and a quick ratio of 0.37. The firm has a market cap of $6.87 billion, a PE ratio of 17.68, a PEG ratio of 3.49 and a beta of 0.31.
Store Capital (NYSE:STOR) last posted its earnings results on Thursday, February 21st. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.18). Store Capital had a return on equity of 6.44% and a net margin of 40.12%. The firm had revenue of $146.70 million for the quarter, compared to analyst estimates of $143.83 million. During the same period in the prior year, the business posted $0.43 EPS. The firm’s quarterly revenue was up 22.1% compared to the same quarter last year.
A number of institutional investors have recently added to or reduced their stakes in STOR. Albion Financial Group UT grew its position in Store Capital by 1.9% during the 3rd quarter. Albion Financial Group UT now owns 22,575 shares of the real estate investment trust’s stock worth $627,000 after acquiring an additional 425 shares during the last quarter. Sigma Planning Corp lifted its stake in shares of Store Capital by 4.2% in the 4th quarter. Sigma Planning Corp now owns 11,964 shares of the real estate investment trust’s stock valued at $339,000 after purchasing an additional 480 shares during the period. Suntrust Banks Inc. lifted its stake in shares of Store Capital by 1.0% in the 4th quarter. Suntrust Banks Inc. now owns 58,961 shares of the real estate investment trust’s stock valued at $1,669,000 after purchasing an additional 610 shares during the period. Neuberger Berman Group LLC lifted its stake in shares of Store Capital by 4.2% in the 3rd quarter. Neuberger Berman Group LLC now owns 15,251 shares of the real estate investment trust’s stock valued at $424,000 after purchasing an additional 621 shares during the period. Finally, MML Investors Services LLC lifted its stake in shares of Store Capital by 2.3% in the 4th quarter. MML Investors Services LLC now owns 35,276 shares of the real estate investment trust’s stock valued at $999,000 after purchasing an additional 793 shares during the period. Hedge funds and other institutional investors own 95.46% of the company’s stock.
Store Capital Company Profile
STORE Capital Corp. operates as an internally managed net-lease real estate investment trust. The firm engages in the acquisition, investment, management, and ownership of single tenant operational real estate properties. STORE Capital was founded by Mary Fedewa, Morton H. Fleischer, Christopher H. Volk, Catherine Long, Michael J.
Featured Article: Is the Dow Jones Industrial Average (DJIA) still relevant?