Wall Street analysts expect Store Capital Corp (NYSE:STOR) to report earnings of $0.41 per share for the current quarter, Zacks reports. Five analysts have issued estimates for Store Capital’s earnings. The highest EPS estimate is $0.42 and the lowest is $0.40. Store Capital posted earnings of $0.20 per share in the same quarter last year, which would suggest a positive year over year growth rate of 105%. The firm is expected to announce its next quarterly earnings report on Thursday, February 22nd.
On average, analysts expect that Store Capital will report full-year earnings of $1.61 per share for the current year, with EPS estimates ranging from $1.58 to $1.65. For the next fiscal year, analysts forecast that the company will report earnings of $1.74 per share, with EPS estimates ranging from $1.66 to $1.78. Zacks’ EPS calculations are an average based on a survey of analysts that that provide coverage for Store Capital.
Several research firms recently commented on STOR. Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of Store Capital in a research report on Wednesday, August 16th. B. Riley reaffirmed a “neutral” rating on shares of Store Capital in a research report on Friday, November 3rd. Stifel Nicolaus increased their price objective on Store Capital from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Monday, October 16th. BidaskClub cut Store Capital from a “buy” rating to a “hold” rating in a research report on Monday, October 23rd. Finally, SunTrust Banks reissued a “buy” rating and issued a $25.00 target price on shares of Store Capital in a research report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $27.00.
Store Capital (NYSE STOR) traded up $0.01 during midday trading on Wednesday, hitting $25.75. The stock had a trading volume of 1,086,200 shares, compared to its average volume of 1,744,764. Store Capital has a 52-week low of $19.65 and a 52-week high of $26.58. The stock has a market capitalization of $4,891.00, a PE ratio of 15.14, a P/E/G ratio of 3.20 and a beta of 0.24. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.57 and a current ratio of 0.57.
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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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