Headlines about STORE Capital (NYSE:STOR) have trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. STORE Capital earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 45.6377642201854 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s scoring:
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Stock Upgrades: Store Capital Shows Rising Relative Strength (finance.yahoo.com) Capital Pride Alliance announces Heroes award recipients ahead of annual gala (metroweekly.com) Should Have STORE Capital Turned Down Buffett’s Investment? (msn.com) FTSE scales fresh high but M&S falls on store closures (citywire.co.uk) Prosecutors seek death penalty in killing of Dallas officer (beaumontenterprise.com)
Several research firms have recently commented on STOR. Zacks Investment Research downgraded STORE Capital from a “buy” rating to a “hold” rating in a research report on Friday, May 18th. ValuEngine raised STORE Capital from a “hold” rating to a “buy” rating in a research report on Friday, May 4th. SunTrust Banks set a $27.00 target price on STORE Capital and gave the company a “buy” rating in a research report on Tuesday, April 3rd. Wells Fargo & Co decreased their target price on STORE Capital from $27.00 to $26.00 and set a “market perform” rating on the stock in a research report on Tuesday, March 20th. Finally, Capital One reaffirmed an “overweight” rating on shares of STORE Capital in a research report on Wednesday, March 14th. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $27.11.
Shares of NYSE:STOR opened at $26.41 on Monday. The company has a market cap of $5.23 billion, a P/E ratio of 15.44, a P/E/G ratio of 3.00 and a beta of 0.11. STORE Capital has a 1 year low of $20.08 and a 1 year high of $26.58. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.34 and a current ratio of 0.34.
STORE Capital (NYSE:STOR) last released its earnings results on Thursday, May 3rd. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.17). STORE Capital had a return on equity of 5.71% and a net margin of 38.37%. The business had revenue of $125.80 million for the quarter, compared to the consensus estimate of $124.83 million. During the same quarter in the previous year, the company earned $0.43 earnings per share. The firm’s revenue for the quarter was up 16.5% on a year-over-year basis. analysts anticipate that STORE Capital will post 1.76 EPS for the current fiscal year.
In other STORE Capital news, Director Joseph M. Donovan bought 4,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was purchased at an average cost of $23.75 per share, for a total transaction of $95,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Catherine F. Long bought 4,225 shares of the business’s stock in a transaction on Tuesday, February 27th. The shares were acquired at an average price of $23.70 per share, with a total value of $100,132.50. The disclosure for this purchase can be found here. Insiders have acquired 12,475 shares of company stock valued at $295,603 over the last 90 days. Corporate insiders own 0.85% of the company’s stock.
STORE Capital Company Profile
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.