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Price: $32.2100
$0.00 
0.000%
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| Day's High:
| $32.23
| Week Perf:
| 0.03 %
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| Day's Low: |
$ 32.21 |
30 Day Perf: |
0.37 % |
| Volume (M): |
8,974 |
52 Wk High: |
$ 32.25 |
| Volume (M$): |
$ 289,053 |
52 Wk Avg: |
$32.08 |
| Open: |
$32.22 |
52 Wk Low: |
$31.83 |
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| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
199 |
| Revenues (TTM) (Millions $) |
949 |
| Net Income (TTM) (Millions $) |
224 |
| Cash Flow (TTM) (Millions $) |
6 |
| Capital Exp. (TTM) (Millions $) |
671 |
Store Capital Llc
Store Capital LLC is a real estate investment trust (REIT) company that specializes in single-tenant operational real estate (STORE) properties. These properties include retail, service, and distribution facilities that are essential to the daily operations of businesses across various industries.
The company was founded in 2011 by Christopher Volk, who is currently the CEO, and Michael Zieg, who is the company's President and Chief Operating Officer. Store Capital LLC is headquartered in Scottsdale, Arizona, and has over 600 employees who manage the company's portfolio of properties across the United States.
The company's business model is to acquire real estate assets through sale-leaseback transactions that generate long-term, triple-net leases with tenants. This approach has enabled the company to build a diversified portfolio of properties with a high occupancy rate, generating stable and consistent cash flow.
As of June 30, 2021, Store Capital LLC owns over 2,700 properties spread across 49 states in the U.S. The properties cover a variety of industries, including restaurants, car dealerships, health care facilities, convenience stores, movie theaters, and manufacturing facilities. The company's tenants include a mix of national and regional brands, such as Ashley HomeStore, AMC Theatres, Applebee's, Berkshire Hathaway Automotive, and Golden Corral, among others.
One unique aspect of Store Capital LLC's business model is the emphasis it places on building strong relationships with its tenants. The company's management team regularly engages with its tenants to understand their business needs, which helps them tailor their real estate solutions to their specific needs. This approach has helped Store Capital LLC establish a reputation as a reliable and trustworthy partner for businesses across various industries.
In addition to its core business of owning and leasing real estate assets, Store Capital LLC also provides financing solutions to businesses, primarily through its wholly-owned subsidiary, Kayne Anderson Real Estate Advisors. This strategic move has allowed the company to diversify its revenue streams and expand its market reach beyond just real estate.
Overall, Store Capital LLC is a well-regarded REIT company with a strong portfolio of properties, a diverse tenant base, and a customer-centric approach to doing business. Its emphasis on building long-term relationships with tenants has helped it establish a strong reputation in the market, making it a go-to partner for businesses looking for reliable and customized real estate solutions.
Company Address: 8377 East Hartford Drive Scottsdale 85255 AZ
Company Phone Number: 256-1100 Stock Exchange / Ticker: STOR
| STOR is expected to report next financial results on March 21, 2024. |
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| Stock Performances by Major Competitors |
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Power Reit
Power Reit, a Real Estate Investment Trusts company, recently reported disappointing financial results for the July to September 30, 2023 time-frame. The company's revenue experienced a significant decline of 75.666%, reaching only $0.49 million. Additionally, the shortfall per share increased to $-3.01 from the same reporting season a year ago. This drastic decrease in business stands in stark contrast to the average revenue growth observed in the Real Estate Investment Trusts industry during the same period.
In comparison to the preceding reporting season, where the company had a shortfall per share of $-0.69 and revenue of $0.22 million, Power Reit saw a sequential revenue increase of 124.202%. However, despite this increase, the company still experienced a net shortfall of $-10.023 million for the financial third quarter of 2023, compared to zero gains during the same reporting season the previous year.
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Calethos Inc
Following the recent reports from bellwethers in the Real Estate Investment Trusts (REITs) industry, attention is shifting to some overlooked corporations, including RSRT and Calethos Inc., as they prepare to release their financial results. RSRT has recently announced an operating shortfall of $-0.092 million for the third quarter of 2023. As the corporation continues to develop, shareholders eagerly await the implementation of a new business model as soon as possible, as they do not solely rely on the current productivity improvements at the company.
Despite the current circumstances, it is important to note that profitability has a minimal impact on the organization. In fact, RSRT suffered a deficit of $-0.098 million in the third quarter of 2023, despite its profitability in the same period of 2022. These figures highlight the volatility and unpredictability of the REITs industry, where market conditions and a company's specific situation can greatly impact their financial outcomes.
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Empire State Realty Op L P
Over the course of the last five trading days, Empire State Realty Op L P shares have experienced a decline of -2.39%. This brings their year-to-date performance to a positive 24.92%. Currently, Empire State Realty Op L P shares are trading on the NYSEArca at a value that is 13.8% above its 52-week average.
Despite the recent decline in share value, Empire State Realty Op L P posted very strong profitability numbers in the fiscal third quarter of 2023. During this period, their income per share increased significantly by 133.33% to $0.07 per share. Additionally, their revenue grew moderately by 4.253% to $191.53 million compared to the same reporting season the previous year.
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Strawberry Fields Reit Inc
In a world of uncertainty, one sector remains steadfast and reliable ? the stock market. And within the realm of the stock market, Real Estate Investment Trusts (REITs) have always been a safe bet for investors. Today, we bring you some exciting news about a particular REIT company that experienced mixed earnings in the most recent fiscal period.
Strawberry Fields REIT Inc, known for its dedication to growth and innovation, reported a fascinating set of earnings. While revenue increased by a remarkable 6.338% to $25.77 million compared to the prior year, there was a slight decline in earnings per share, which dropped by -47.06% to $0.09 per share.
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Umh Properties Inc
UMH Properties Inc, a Real Estate Investment Trust (REIT) company, disappointed investors with its fiscal third quarter (Q3) 2023 financial results. Despite a marginal improvement in revenue, the company reported a significant increase in losses compared to the previous quarter. Moreover, UMH Properties Inc's underperformance relative to its sector peers and its low stock performance raise concerns about its future prospects.
Unimpressive Financial Performance
UMH Properties Inc recorded a loss per share of $-0.09 in Q3 2023, showing a slight improvement from the previous year's $-0.18 loss per share. However, this improvement is overshadowed by the fact that the company's losses increased from $-0.07 per share compared to the prior quarter. These results indicate a lack of operational efficiency and suggest that the company is struggling to control its costs effectively.
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| Per Share |
Current |
| Earnings (TTM) |
0.84 $ |
| Revenues (TTM) |
-
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| Cash Flow (TTM) |
- |
| Cash |
-
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| Book Value |
-
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| Dividend (TTM) |
0.8 $ |
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| Per Share |
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| Earnings (TTM) |
0.84 $
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| Revenues (TTM) |
- |
| Cash Flow (TTM) |
- |
| Cash |
-
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| Book Value |
- |
| Dividend (TTM) |
0.8 $ |
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