E Daily Stock Analysis: STORE Capital (STOR)

STORE Capital Corp., goes by the ticker symbol STOR and is a mid cap member of the real estate sector as a diversified real estate investment trust. This is my first ever report on STORE Capital Corp. for this Vista folio or any of my previous collections.

STORE Capital Corp. is a real estate investment trust involved in the acquisition and management of single-tenant operation real estate, or STORE, properties across the United States.

STORE Capital primarily leases facilities at which a company operates its business and generates sales to middle-market and large businesses through long-term agreements. 

five 3-storey houses in-lined on street

Image Source: Unsplash

Most of STORE's revenue comes from its service sector customers, which include, notably, restaurants, movie theaters, health clubs, early childhood education centers, and furniture stores. A sizable percentage of STORE's total real estate portfolio is comprised of restaurant and industrial locations. 

Specifically, properties located in Texas, Illinois, and Georgia make up a large number of STORE's investments.

STORE Capital is one of the largest and fastest-growing net-lease REITs and owns a large, well-diversified portfolio that consists of investments in more than 2,500 property locations.

It is headquartered in Scottsdale, Arizona.

Three key data points gauge dividend equities or funds like STORE Capital Corp. (STOR):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money. 

STOR Price

STOR's price per share closed at $36.02 yesterday. One year ago its price was $24.91.Thus, price per share grew over 44.6% year over year as it recovered from the COVID doldrums. 

Should STOR's stock trade in the range of $22 to$42.00 this next year, its recent $34.02 price might rise by $2.38 to reach $38.40 by June 8, 2022. My estimate corresponds with the average annual price increase over the past seven years.

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Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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