Store Capital Corp (NYSE:STOR) – Equities researchers at KeyCorp issued their FY2017 earnings per share (EPS) estimates for Store Capital in a note issued to investors on Wednesday. KeyCorp analyst C. Mailman forecasts that the real estate investment trust will post earnings of $1.60 per share for the year. KeyCorp has a “Hold” rating on the stock. KeyCorp also issued estimates for Store Capital’s Q4 2017 earnings at $0.41 EPS.

Several other equities analysts also recently weighed in on STOR. Zacks Investment Research upgraded Store Capital from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 29th. Mizuho upgraded Store Capital from a “neutral” rating to a “buy” rating and lifted their target price for the company from $23.50 to $27.00 in a research report on Thursday, August 31st. BidaskClub downgraded Store Capital from a “buy” rating to a “hold” rating in a research report on Friday, October 6th. Stifel Nicolaus lifted their target price on Store Capital from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Monday, October 16th. Finally, Robert W. Baird reiterated a “buy” rating on shares of Store Capital in a research report on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $27.00.

Shares of Store Capital (NYSE:STOR) opened at $25.76 on Monday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.59. Store Capital has a fifty-two week low of $19.65 and a fifty-two week high of $26.58. The company has a market capitalization of $4,900.00, a price-to-earnings ratio of 38.45, a P/E/G ratio of 3.20 and a beta of 0.24.

Several institutional investors have recently made changes to their positions in the company. Penserra Capital Management LLC lifted its position in shares of Store Capital by 19.9% in the second quarter. Penserra Capital Management LLC now owns 4,530 shares of the real estate investment trust’s stock worth $101,000 after buying an additional 752 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Store Capital by 8.3% in the second quarter. The Manufacturers Life Insurance Company now owns 5,356 shares of the real estate investment trust’s stock worth $120,000 after buying an additional 409 shares in the last quarter. Public Employees Retirement Association of Colorado lifted its position in shares of Store Capital by 12.1% in the second quarter. Public Employees Retirement Association of Colorado now owns 5,363 shares of the real estate investment trust’s stock worth $120,000 after buying an additional 580 shares in the last quarter. TCI Wealth Advisors Inc. lifted its position in shares of Store Capital by 14.0% in the second quarter. TCI Wealth Advisors Inc. now owns 6,164 shares of the real estate investment trust’s stock worth $138,000 after buying an additional 759 shares in the last quarter. Finally, Ffcm LLC lifted its position in shares of Store Capital by 304.0% in the second quarter. Ffcm LLC now owns 7,418 shares of the real estate investment trust’s stock worth $171,000 after buying an additional 5,582 shares in the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th will be given a $0.31 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.24 annualized dividend and a dividend yield of 4.81%. Store Capital’s payout ratio is 185.07%.

ILLEGAL ACTIVITY NOTICE: This news story was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another website, it was copied illegally and reposted in violation of US & international trademark and copyright law. The correct version of this news story can be accessed at https://www.thecerbatgem.com/2017/12/27/store-capital-corp-forecasted-to-post-fy2017-earnings-of-1-60-per-share-stor.html.

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 & Stock 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 stocks with our FREE daily email newsletter.