STORE Capital Corporation (NYSE:STOR) registered a 1.60% increase, still its new closing price is 2.88% up from the company’s 1 year high of 30.76.It posted -4.62% losses in previous 5 sessions and is now the subject of 4 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 4 buy or better ratings. The 16 stock analysts following this company have an average price target at $28.68, with individual PT in the $25.50-$35.00 range. The shares moved at $23.56, implying that brokerage firms see shares losing about -2.94% in twelve months time.
STORE Capital Corporation (STOR) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -4.65% fall year to date. A Director at STORE Capital Corporation (STOR) acquired shares in a transaction closed on Thursday December 01, 2016. Donovan Joseph M bought 4,350 shares in the company at $24.15 each and collected $105,000 in proceeds. Donovan Joseph M now owns 31,044 shares in the company after this transaction. A Director, 10% Owner in the company, STORE Holding Company, LLC, disclosed a transaction on Friday April 01, 2016 that ended up generating $835,737,000 from the sale of 33,336,144 shares at $25.07 per share.
STORE Capital Corporation (NYSE:STOR) Upcoming Results on Tap
STORE Capital Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.20 in that period. Sales during the quarter are predicted to arrive at $100.55 million.
Earnings surprise history: Last quarter, the company posted approximately $91.76 million in revenue and EPS of $0.24. The mean forecast was for $92.3 million and $0.19 a share, respectively. One quarter earlier, revenue for the stock was at $87.14 million, with earnings at $0.21/share.
STORE Capital Corporation (STOR) Brokerage Update
STORE Capital Corporation (STOR) is in Morgan Stanley’s research list so their analyst rating change is noteworthy. These shares were downgraded to Equal-Weight from Overweight by Morgan Stanley, according to news reported on Tuesday December 13, 2016.Another important research note was issued by KeyBanc Capital Mkts on Friday July 15, 2016.The firm upgraded STOR to Overweight from Sector Weight. Over the last six months and over the last three months, the shares of STORE Capital Corporation (STOR), have changed -20.56% and -10.76%, respectively.