Store Capital Corp (NYSE:STOR) – Investment analysts at KeyCorp issued their FY2017 earnings per share estimates for shares of Store Capital in a report issued on Wednesday. KeyCorp analyst C. Mailman forecasts that the real estate investment trust will post earnings per share of $1.60 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 research analysts have also issued reports on the stock. SunTrust Banks reaffirmed a “buy” rating and issued a $25.00 target price on shares of Store Capital in a research note on Tuesday, October 24th. BidaskClub lowered shares of Store Capital from a “buy” rating to a “hold” rating in a research note on Friday, October 6th. Mizuho raised shares of Store Capital from a “neutral” rating to a “buy” rating and raised their target price for the company from $23.50 to $27.00 in a research note on Thursday, August 31st. Robert W. Baird reissued a “buy” rating on shares of Store Capital in a research note on Friday, October 20th. Finally, Stifel Nicolaus lifted their price objective on shares of Store Capital from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Monday, October 16th. One 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 stock. The company has a consensus rating of “Buy” and an average target price of $27.00.

Store Capital (NYSE STOR) opened at $25.55 on Monday. The stock has a market cap of $4,850.00, a PE ratio of 38.13, a PEG ratio of 3.17 and a beta of 0.24. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.57 and a quick ratio of 0.57. Store Capital has a one year low of $19.65 and a one year high of $26.58.

A number of institutional investors and hedge funds have recently made changes to their positions in STOR. Penserra Capital Management LLC lifted its stake in 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 valued at $101,000 after buying an additional 752 shares in the last quarter. Public Employees Retirement Association of Colorado raised its holdings 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 valued at $120,000 after purchasing an additional 580 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings 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 valued at $120,000 after purchasing an additional 409 shares during the last quarter. TCI Wealth Advisors Inc. raised its holdings 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 valued at $138,000 after purchasing an additional 759 shares during the last quarter. Finally, Ffcm LLC raised its holdings 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 valued at $171,000 after purchasing an additional 5,582 shares during the last quarter. 95.67% of the stock is currently owned by hedge funds and other institutional investors.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 4.85%. The ex-dividend date of this dividend is Thursday, December 28th. Store Capital’s payout ratio is 185.07%.

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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.

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