Shares of Store Capital Corp (NYSE:STOR) have earned an average rating of “Buy” from the seventeen brokerages that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $26.80.
Several equities research analysts recently commented on the stock. B. Riley set a $26.00 price objective on shares of Store Capital and gave the stock a “hold” rating in a research report on Wednesday, November 15th. Zacks Investment Research lowered shares of Store Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. BidaskClub upgraded shares of Store Capital from a “sell” rating to a “hold” rating in a research report on Tuesday, November 7th. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of Store Capital in a research note on Monday, November 6th. Finally, SunTrust Banks reissued a “buy” rating and issued a $25.00 target price on shares of Store Capital in a research note on Tuesday, October 24th.
Store Capital (NYSE:STOR) traded down $0.34 during trading on Wednesday, hitting $24.47. 1,710,000 shares of the company traded hands, compared to its average volume of 1,210,000. Store Capital has a 1-year low of $19.65 and a 1-year high of $26.58. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.59. The stock has a market cap of $4,650.00, a price-to-earnings ratio of 36.52, a PEG ratio of 2.87 and a beta of 0.24.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date is Thursday, December 28th. Store Capital’s dividend payout ratio is presently 185.07%.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company boosted its stake in shares of Store Capital by 8.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,356 shares of the real estate investment trust’s stock valued at $120,000 after buying an additional 409 shares during the last quarter. TCI Wealth Advisors Inc. boosted its stake in shares of Store Capital by 14.0% during the 2nd quarter. TCI Wealth Advisors Inc. now owns 6,164 shares of the real estate investment trust’s stock valued at $138,000 after buying an additional 759 shares during the last quarter. Sigma Planning Corp acquired a new stake in shares of Store Capital during the 3rd quarter valued at approximately $208,000. SG Americas Securities LLC raised its position in shares of Store Capital by 12.1% during the 2nd quarter. SG Americas Securities LLC now owns 9,607 shares of the real estate investment trust’s stock valued at $216,000 after acquiring an additional 1,040 shares in the last quarter. Finally, Prudential Financial Inc. acquired a new stake in shares of Store Capital during the 3rd quarter valued at approximately $216,000. Hedge funds and other institutional investors own 95.67% of the company’s stock.
Store Capital Company Profile
STORE Capital Corporation is an internally managed net-lease real estate investment trust. The Company is engaged in the acquisition, investment and management of single tenant operational real estate (STORE) properties. As of December 31, 2016, the Company owned a portfolio that consisted of investments in 1,660 property locations operated by 360 customers across 48 states.
Receive News & Ratings for Store Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Store Capital and related companies with MarketBeat.com's FREE daily email newsletter.