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 2,000 property locations, substantially all of which are profit centers, in 49 states. Additional information about STORE Capital can be found on its website at www.storecapital.com.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:STOR
CUSIPN/A
Phone480-256-1100
Debt
Debt-to-Equity Ratio0.55
Current Ratio0.34
Quick Ratio0.34
Price-To-Earnings
Trailing P/E Ratio15.88
Forward P/E Ratio15.52
P/E Growth3.04
Sales & Book Value
Annual Sales$452.85 million
Price / Sales11.88
Cash Flow$1.7705 per share
Price / Cash15.34
Book Value$16.69 per share
Price / Book1.63
Profitability
EPS (Most Recent Fiscal Year)$1.71
Net Income$162.03 million
Net Margins38.37%
Return on Equity5.71%
Return on Assets3.09%
Miscellaneous
Employees80
Outstanding Shares198,040,000
Store Capital (NYSE:STOR) Frequently Asked Questions
What is Store Capital's stock symbol?
Store Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "STOR."
How often does Store Capital pay dividends? What is the dividend yield for Store Capital?
Store Capital announced a quarterly dividend on Friday, June 15th. Shareholders of record on Friday, June 29th will be given a dividend of $0.31 per share on Monday, July 16th. This represents a $1.24 annualized dividend and a yield of 4.57%. The ex-dividend date of this dividend is Thursday, June 28th. View Store Capital's Dividend History.
How were Store Capital's earnings last quarter?
Store Capital Corp (NYSE:STOR) issued its quarterly earnings results on Thursday, May, 3rd. The real estate investment trust reported $0.26 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.43 by $0.17. The real estate investment trust had revenue of $125.80 million for the quarter, compared to analyst estimates of $124.83 million. Store Capital had a net margin of 38.37% and a return on equity of 5.71%. The company's quarterly revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.43 EPS. View Store Capital's Earnings History.
When is Store Capital's next earnings date?
What guidance has Store Capital issued on next quarter's earnings?
Store Capital issued an update on its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share guidance of $1.78-$1.84 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.75.
What price target have analysts set for STOR?
11 Wall Street analysts have issued 1 year price targets for Store Capital's stock. Their forecasts range from $24.00 to $30.00. On average, they anticipate Store Capital's share price to reach $26.8750 in the next twelve months. View Analyst Ratings for Store Capital.
What are Wall Street analysts saying about Store Capital stock?
Here are some recent quotes from research analysts about Store Capital stock:
- 1. According to Zacks Investment Research, "STORE Capital Corporation is an internally managed net-lease real estate investment trust. It is engaged in the acquisition, investment and management of Single Tenant Operational Real Estate (STORE properties). The Company provides net-lease solutions principally to middle-market and larger companies that own STORE Properties. It invests in single-tenant real estate such as chain restaurants, supermarkets, health clubs, and education, retail, service, and distribution facilities. STORE Capital Corporation is based in Scottsdale, Arizona. " (5/18/2018)
- 2. LADENBURG THALM/SH SH analysts commented, "We are tweaking our normalized FFO estimates for LHO in 2017 and 2018 to reflect FFO adjustments from income tax benefits. The adjustments in earnings estimates do not cause changes in our underlying earnings or NAV valuation. We continue to view LHO as the most discounted stock based on an NAV basis among our hotel coverage. LHO shares have outperformed the SNL Hotel REIT index by nearly 5% since our initiation in April, but we continue to see more upside. We believe that the company could be aggressive in share buybacks based on its pristine balance sheet and discounted valuation. If management won’t provide earnings guidance to the market, share buybacks would be the strongest signal that management believes its shares are undervalued. We believe that LHO stock still has above average upside at current levels and reiterate our Outperform rating." (6/27/2017)
Who are some of Store Capital's key competitors?
Some companies that are related to Store Capital include GGP (GGP), Ventas (VTR), Boston Properties (BXP), SBA Communications (SBAC), Host Hotels and Resorts (HST), Essex Property Trust (ESS), Realty Income (O), Vornado Realty Trust (VNO), Gecina (GECFF), Alexandria Real Estate Equities (ARE), ANNALY Cap Mgmt/SH (NLY), Extra Space Storage (EXR), Klépierre (KLPEF), HCP (HCP) and Mid-America Apartment Communities (MAA).
Who are Store Capital's key executives?
Store Capital's management team includes the folowing people:
- Mr. Christopher H. Volk, Pres, CEO & Director (Age 61)
- Ms. Catherine F. Long, Exec. VP, CFO, Treasurer & Assistant Sec. (Age 61)
- Mr. Michael T. Bennett, Co-Founder, Exec. VP, Gen. Counsel, Chief Compliance Officer & Sec. (Age 60)
- Ms. Mary B. Fedewa, Co-Founder, COO & Director (Age 52)
- Mr. Christopher K. Burbach, Exec. VP of Underwriting (Age 42)
When did Store Capital IPO?
(STOR) raised $495 million in an initial public offering on Tuesday, November 18th 2014. The company issued 27,500,000 shares at a price of $17.00-$19.00 per share. Goldman Sachs, Credit Suisse and Morgan Stanley acted as the underwriters for the IPO and Citigroup, Deutsche Bank Securities, KeyBanc Capital Markets, Wells Fargo Securities, Baird, BMO Capital Markets, Comerica Securities, Raymond James, Stifel and SunTrust Robinson Humphrey were co-managers.
Has Store Capital been receiving favorable news coverage?
Headlines about STOR stock have been trending positive on Thursday, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Store Capital earned a media sentiment score of 0.28 on Accern's scale. They also assigned news stories about the real estate investment trust an impact score of 46.34 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Store Capital's major shareholders?
Store Capital's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (5.87%), BlackRock Inc. (5.78%), Massachusetts Financial Services Co. MA (4.98%), CI Global Investments Inc. (2.34%), Dimensional Fund Advisors LP (1.32%) and Northern Trust Corp (0.91%). Company insiders that own Store Capital stock include Catherine F Long, Christopher H Volk, Christopher K Burbach, Einar Seadler, Joseph M Donovan, Mark N Sklar, Quentin P Jr Smith and William Franklin Hipp. View Institutional Ownership Trends for Store Capital.
Which institutional investors are selling Store Capital stock?
STOR stock was sold by a variety of institutional investors in the last quarter, including CI Global Investments Inc., American Century Companies Inc., Millennium Management LLC, Russell Investments Group Ltd., Citigroup Inc., BlackRock Inc., Manning & Napier Group LLC and The Manufacturers Life Insurance Company . View Insider Buying and Selling for Store Capital.
Which institutional investors are buying Store Capital stock?
STOR stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Anchor Capital Advisors LLC, Centersquare Investment Management LLC, Artisan Partners Limited Partnership, Wells Fargo & Company MN, Heitman Real Estate Securities LLC, Hsbc Holdings PLC and UBS Group AG. Company insiders that have bought Store Capital stock in the last two years include Catherine F Long, Christopher H Volk, Christopher K Burbach, Einar Seadler, Joseph M Donovan, Mark N Sklar and William Franklin Hipp. View Insider Buying and Selling for Store Capital.
How do I buy shares of Store Capital?
Shares of STOR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Store Capital's stock price today?
One share of STOR stock can currently be purchased for approximately $27.16.
How big of a company is Store Capital?
Store Capital has a market capitalization of $5.28 billion and generates $452.85 million in revenue each year. The real estate investment trust earns $162.03 million in net income (profit) each year or $1.71 on an earnings per share basis. Store Capital employs 80 workers across the globe.
How can I contact Store Capital?
Store Capital's mailing address is 8377 East Hartford Drive Suite 100, SCOTTSDALE AZ, 85255. The real estate investment trust can be reached via phone at 480-256-1100 or via email at [email protected]
MarketBeat Community Rating for Store Capital (STOR)
MarketBeat's community ratings are surveys of what our community members think about Store Capital and other stocks. Vote "Outperform" if you believe STOR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STOR will underperform the S&P 500 over the long term. You may vote once every thirty days.
