STORE Capital Corporation (NYSE:STOR) : Average target price received by STORE Capital Corporation (NYSE:STOR) is $27.36 with an expected standard deviation of $2.67. The most aggressive target on the stock is $30, whereas the most downbeat target is $23. 11 financial analysts are currently covering the stock.
Shares of STORE Capital Corporation rose by 9.98% in the last five trading days and 16.58% for the last 4 weeks. STORE Capital Corporation is up 16.26% in the last 3-month period. Year-to-Date the stock performance stands at 29.55%.
STORE Capital Corporation (NYSE:STOR) : 13 analysts are covering STORE Capital Corporation (NYSE:STOR) and their average rating on the stock is 1.73, which is read as a Buy. 7 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. STORE Capital Corporation (NYSE:STOR) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
STORE Capital Corporation (NYSE:STOR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.71 and $28.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.47. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.45, notching a gain of 2.51% for the day. The total traded volume was 3,066,614 . The stock had closed at $28.73 on the previous day.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Store Capital Corp, Donovan Joseph M had purchased shares worth of $203,500 in a transaction dated on August 25, 2015. A total of 10,000 shares were purchased at a price of $20.35 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Store Capital Corporation is an internally managed net-lease real estate investment trust (REIT). The Company is engaged in the acquisition, investment and management of single tenant operational real estate (STORE properties). As of December 31, 2014, the Company owns a portfolio consisting of investments in 947 property locations operated by 226 customers across 46 states. Its customers operate across a variety of industries within the service, retail and industrial sectors of the United States economy, with restaurants, early childhood education centers, health clubs, movie theaters and sporting goods stores representing the industries in its portfolio. The Company offers real estate financing solutions principally to middle market and businesses that own STORE Properties and operate within the broad-based service, retail and industrial sectors of the United States economy.