Equities analysts predict that Store Capital Corp (NYSE:STOR) will report earnings of $0.47 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Store Capital’s earnings, with estimates ranging from $0.46 to $0.47. Store Capital reported earnings per share of $0.43 during the same quarter last year, which would suggest a positive year-over-year growth rate of 9.3%. The company is scheduled to issue its next earnings report on Thursday, February 28th.

According to Zacks, analysts expect that Store Capital will report full year earnings of $1.83 per share for the current fiscal year, with EPS estimates ranging from $1.82 to $1.84. For the next fiscal year, analysts forecast that the business will post earnings of $1.93 per share, with EPS estimates ranging from $1.91 to $1.96. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that follow Store Capital.

Store Capital (NYSE:STOR) last posted its earnings results on Thursday, November 1st. The real estate investment trust reported $0.47 EPS for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.03. Store Capital had a return on equity of 6.11% and a net margin of 39.17%. The firm had revenue of $137.00 million for the quarter, compared to analysts’ expectations of $135.39 million. During the same period last year, the firm earned $0.41 EPS. The company’s quarterly revenue was up 24.0% on a year-over-year basis.

A number of equities research analysts have recently commented on STOR shares. Zacks Investment Research cut Store Capital from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 31st. BMO Capital Markets set a $32.00 target price on Store Capital and gave the company a “buy” rating in a research report on Thursday, November 1st. Mizuho set a $30.00 target price on Store Capital and gave the company a “buy” rating in a research report on Monday, August 13th. Morgan Stanley upgraded Store Capital from an “equal weight” rating to an “overweight” rating and set a $31.00 target price on the stock in a research report on Monday, October 1st. Finally, ValuEngine upgraded Store Capital from a “hold” rating to a “buy” rating in a research report on Tuesday, October 23rd. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Store Capital presently has an average rating of “Buy” and an average target price of $29.25.

In other news, Director Joseph M. Donovan acquired 3,000 shares of the stock in a transaction that occurred on Wednesday, November 28th. The shares were bought at an average cost of $29.53 per share, for a total transaction of $88,590.00. Following the acquisition, the director now owns 50,820 shares in the company, valued at approximately $1,500,714.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.85% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio lifted its stake in Store Capital by 2.0% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 138,364 shares of the real estate investment trust’s stock worth $3,791,000 after purchasing an additional 2,729 shares in the last quarter. LSV Asset Management purchased a new position in Store Capital in the 2nd quarter worth approximately $257,000. State of Wisconsin Investment Board lifted its stake in Store Capital by 146.8% in the 2nd quarter. State of Wisconsin Investment Board now owns 84,276 shares of the real estate investment trust’s stock worth $2,309,000 after purchasing an additional 50,122 shares in the last quarter. Centersquare Investment Management LLC lifted its stake in Store Capital by 27.0% in the 2nd quarter. Centersquare Investment Management LLC now owns 2,051,424 shares of the real estate investment trust’s stock worth $56,209,000 after purchasing an additional 435,959 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in Store Capital in the 2nd quarter worth approximately $2,006,000. 93.54% of the stock is currently owned by institutional investors and hedge funds.

NYSE:STOR opened at $30.85 on Tuesday. Store Capital has a 52 week low of $22.51 and a 52 week high of $30.86. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.37 and a current ratio of 0.37. The stock has a market cap of $6.40 billion, a PE ratio of 16.79, a price-to-earnings-growth ratio of 3.44 and a beta of 0.08.

About Store Capital

STORE Capital Corporation is an internally managed net-lease real estate investment trust, or REIT, that is the leader in the acquisition, investment and management of Single Tenant Operational Real Estate, which is its target market and the inspiration for its name. STORE Capital is one of the largest and fastest growing net-lease REITs and owns a large, well-diversified portfolio that consists of investments in 2,206 property locations, substantially all of which are profit centers, in 49 states.

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