STORE Capital Corporation (NYSE:STOR): The mean estimate for the short term price target for STORE Capital Corporation (NYSE:STOR) stands at $27.09 according to 11 Analysts. The higher price target estimate for the stock has been calculated at $30 while the lower price target estimate is at $23.
Many analysts have stated their opinion on the company shares. Janney Capital initiates coverage on STORE Capital Corporation (NYSE:STOR). The rating major has initiated the coverage with buy rating on the shares. The rating by the firm was issued on April 12, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities, Donovan Joseph M, director of Store Capital Corp, executed a transaction worth $203,500 on August 25, 2015. A total of 10,000 shares were purchased at an average price of $20.35. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
STORE Capital Corporation (NYSE:STOR) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.22 points or 0.82% at $26.46 with 1,405,489 shares getting traded. Post opening the session at $26.54, the shares hit an intraday low of $26.43 and an intraday high of $26.81 and the price was in this range throughout the day. The company has a market cap of $3,728 million and the number of outstanding shares have been calculated to be 140,879,810 shares. The 52-week high of STORE Capital Corporation (NYSE:STOR) is $26.96 and the 52-week low is $19.63.
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.