STORE Capital Corporation (STOR) Receiving Somewhat Positive News Coverage, Analysis Shows

News headlines about STORE Capital Corporation (NYSE:STOR) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. STORE Capital Corporation earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 46.3470087367829 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news articles that may have effected Accern’s analysis:

Shares of STORE Capital Corporation (NYSE STOR) opened at 23.70 on Friday. STORE Capital Corporation has a 12 month low of $19.65 and a 12 month high of $30.65. The company has a market cap of $4.49 billion, a P/E ratio of 23.89 and a beta of 0.25. The firm has a 50-day moving average price of $23.09 and a 200 day moving average price of $22.98.

STORE Capital Corporation (NYSE:STOR) last posted its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by $0.07. The company had revenue of $114.21 million during the quarter, compared to the consensus estimate of $112.27 million. STORE Capital Corporation had a net margin of 38.71% and a return on equity of 5.98%. STORE Capital Corporation’s revenue for the quarter was up 24.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.38 earnings per share. Equities analysts predict that STORE Capital Corporation will post $0.81 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Friday, June 30th were paid a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 4.89%. The ex-dividend date of this dividend was Wednesday, June 28th. STORE Capital Corporation’s payout ratio is 118.37%.

A number of analysts recently weighed in on the company. Ladenburg Thalmann Financial Services restated a “hold” rating on shares of STORE Capital Corporation in a research report on Thursday, August 3rd. TheStreet upgraded STORE Capital Corporation from a “c” rating to a “b-” rating in a research report on Thursday, August 3rd. BidaskClub upgraded STORE Capital Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Stifel Nicolaus restated a “buy” rating and issued a $25.50 target price on shares of STORE Capital Corporation in a research report on Friday, July 14th. Finally, FBR & Co assumed coverage on STORE Capital Corporation in a research report on Monday, July 17th. They issued a “market perform” rating and a $24.00 target price for the company. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $27.54.

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STORE Capital Corporation 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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