Store Capital (STOR) to Release Quarterly Earnings on Thursday

Store Capital (NYSE:STOR) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, August 1st. Analysts expect the company to announce earnings of $0.47 per share for the quarter. Store Capital has set its FY19 guidance at $1.90-1.96 EPS.

Store Capital (NYSE:STOR) last posted its earnings results on Thursday, May 2nd. The real estate investment trust reported $0.20 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.26). Store Capital had a net margin of 37.19% and a return on equity of 5.83%. The business had revenue of $156.60 million during the quarter, compared to analysts’ expectations of $152.22 million. During the same quarter in the prior year, the firm earned $0.44 EPS. Store Capital’s revenue for the quarter was up 24.5% compared to the same quarter last year. On average, analysts expect Store Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NYSE:STOR opened at $34.33 on Wednesday. Store Capital has a 52 week low of $26.93 and a 52 week high of $35.59. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.29 and a quick ratio of 0.29. The stock has a market capitalization of $7.80 billion, a P/E ratio of 18.66, a P/E/G ratio of 3.60 and a beta of 0.21. The company has a fifty day simple moving average of $34.24.

The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were given a $0.33 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.32 dividend on an annualized basis and a yield of 3.85%. Store Capital’s dividend payout ratio is currently 71.74%.

STOR has been the topic of a number of research analyst reports. Berenberg Bank set a €126.00 ($146.51) target price on Nemetschek and gave the company a “neutral” rating in a research report on Tuesday, April 23rd. Morgan Stanley boosted their price objective on Visa from $175.00 to $191.00 and gave the company an “overweight” rating in a report on Thursday, July 11th. Raymond James reiterated an “average” rating on shares of PPL in a report on Monday, May 6th. Zacks Investment Research upgraded Golub Capital BDC from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a report on Tuesday, July 16th. Finally, BTIG Research began coverage on Forestar Group in a report on Monday, April 15th. They issued a “buy” rating and a $23.00 price objective on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of $34.86.

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 2,255 property locations, substantially all of which are profit centers, in 49 states.

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Earnings History for Store Capital (NYSE:STOR)

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