STORE Capital Corporation (NYSE:STOR) Earns Average Broker Rating Of Outperform

STORE Capital Corporation (NYSE:STOR) stock is presently standing at about $22.50 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 15 analysts covering the company is $28.00, which suggests the stock could still rise over 20 percent. The highest analyst price target is $35.00, which implies a rally of 44 percent. And a quick view of analyst notes show that 0 are rating the stock a buy while 0 rate STOR a strong buy. There are 0 equity research firms advocating a Hold and 0 consider it Sell.

Ladenburg Thalmann analysts provided their view on STORE Capital Corporation (NYSE:STOR) recently. The rating firm issued a Buy rating to this company in a research note released on Feb 10, 2017. Morgan Stanley analysts disclosed their opinion on STORE Capital Corporation (NYSE:STOR) recently. The rating firm gave a Equal-Weight rating to this stock in a research note published on Dec 13, 2016. According to a research note disclosed on Jul 15, 2016, analysts at KeyBanc Capital Mkts have upped their rating on these shares from Sector Weight to Overweight.

STORE Capital Corporation (NYSE:STOR) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its CFO, EVP and Treasurer Long Catherine F. Purchased 5,550 company shares for 124990, in a transaction on 2017-03-13. Following the transaction, the CFO, EVP and Treasurer is left with a stake of 145,087 shares, currently valued at $3264458. Meanwhile, President and CEO Volk Christopher H purchased 11,100 shares worth $252530, through a transaction dated 2017-03-10. Following the completion of the transaction, the insider is left with a stake of 413,753 shares, amounting $9309442.5. STOR EVP – Underwriting Burbach Christopher K. also purchased 5,500 shares, at a stock price of $22.65. This transaction occurred on 2017-03-10 totals $124580. After this transaction, the insider’s stake stands at 77,882 shares, with a market value of $1752345.

Executives hold 0.90 percent of the stock. Morton H. Fleischer is one of the biggest insider owners in STORE Capital Corporation (NYSE:STOR), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 471,567 shares which have current market value of around $10610257.5.Christopher H. Volk is another major inside shareholder in the company. The insider owns 233,808 shares as of 0.14%, currently worth $5260680. Ms. Mary Fedewa is ranked as third insider holder of the stock. This insider holds 144,287 shares with a market value around $3246457.5 as of recent close.

STORE Capital Corporation (NYSE:STOR) Earnings Outlook

In STORE Capital Corporation (NYSE:STOR)’s latest quarter, EPS moved to $0.22 from $0.24 in preceding quarter and revenues reached at $96.42M compared to $91.76M. Analysts had expected STORE Capital Corporation (NYSE:STOR) to post net income of about $0.19 per share on $95.31M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.20 to $0.20. That is compared with the $0.18 in EPS it reported during the same period a year ago.

Iris Howard: