STORE Capital (NYSE:STOR) given $32.00 price target by Evercore ISI analysts

STORE CAPITAL (NYSE: STORGet a rating) was assigned a price target of $32.00 by equity research analysts Evercore ISI in a research report released on Monday, Target Stock Advisor reports. Evercore ISI’s target price suggests a potential upside of 25.39% from the company’s current price.

Other analysts have also published research reports on the company. Morgan Stanley cut its price target on STORE Capital from $36.00 to $35.00 and set an “equal weight” rating on the stock in a Monday, March 7 report. BMO Capital Markets downgraded STORE Capital from a ‘market performance’ rating to an ‘underperform’ rating and lowered its price target for the stock from $37.00 to $29.00 in a report Monday, March 7. assumed coverage on STORE Capital in a Thursday, March 31 report. They have placed a “holding” rating on the stock. Finally, Truist Financial cut its price target on STORE Capital from $32.00 to $31.00 in a Friday, June 3 report. One financial analyst has assigned the stock a sell rating, five have assigned a hold rating and one has assigned the company’s stock a buy rating. According to, the company currently has an average rating of “Hold” and a consensus price target of $32.83.

NYSE STOR traded at $0.42 during Monday’s trading, reaching $25.52. 184,825 shares of the company were traded, with an average volume of 2,735,284. STORE Capital has a fifty-two week low of $24.48 and a fifty-two week high of $37.13. The company’s fifty-day simple moving average is $27.68 and its 200-day simple moving average is $30.14. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt ratio of 0.52. The company has a market capitalization of $7.16 billion, a PE ratio of 22.99 and a beta of 1.17.

STORE CAPITAL (NYSE: STORGet a rating) last released its quarterly earnings data on Wednesday, May 4. The real estate investment trust reported earnings per share of $0.32 for the quarter, beating consensus analyst estimates of $0.26 by $0.06. The company posted revenue of $222.12 million for the quarter, versus a consensus estimate of $212.11 million. STORE Capital achieved a return on equity of 5.65% and a net margin of 36.52%. The company’s revenues increased by 21.9% compared to the same quarter last year. During the same period last year, the company achieved EPS of $0.47. Equity analysts expect STORE Capital to post an EPS of 2.18 for the current fiscal year.

A number of institutional investors and hedge funds have recently changed their holdings in STOR. Amundi Pioneer Asset Management Inc. increased its position in STORE Capital shares by 1.7% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 135,188 shares of the real estate investment trust worth $4,529,000 after acquiring 2,307 additional shares in the last quarter. Renaissance Technologies LLC acquired a new stake in STORE Capital in the third quarter, valued at approximately $1,272,000. HighTower Advisors LLC increased its stake in STORE Capital shares by 25.2% during the third quarter. HighTower Advisors LLC now owns 22,791 shares of the real estate investment trust worth $728,000 after purchasing an additional 4,581 shares during the period. Royal Bank of Canada increased its position in STORE Capital by 6.0% during the third quarter. Royal Bank of Canada now owns 189,588 shares of the real estate investment trust worth $6,072,000 after buying an additional 10,658 shares last quarter. Finally, Man Group plc acquired a new stake in STORE Capital during the third quarter worth approximately $298,000. Hedge funds and other institutional investors own 86.02% of the company’s shares.

STORE Capital Company Profile (Get a rating)

STORE Capital Corporation is an internally managed net leasehold real estate investment trust, or REIT, that is the leader in the acquisition, investment and management of single-tenant operating real estate, which is its target market and l inspiration from his name. STORE Capital is one of the largest and fastest growing net leasehold REITs with a large and well-diversified portfolio of investments in more than 2,500 real estate locations across the United States, which are for most profit centers.

Featured articles

Stock Target Advisor logo

Analyst Recommendations for STORE Capital (NYSE: STOR)

Get news and reviews for STORE Capital Daily – Enter your email address below to receive a concise daily summary of breaking news and analyst notes for STORE Capital and related companies with’s free daily email newsletter.

Comments are closed.