Welcome to our dedicated page for STORE news (Ticker: STORE), a resource for investors and traders seeking the latest updates and insights on STORE stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect STORE's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of STORE's position in the market.
STORE Capital Corporation (NYSE: STOR) reported strong Q3 2021 results with total revenues of $199.1 million, up 13.6% year-over-year, and net income of $75.9 million ($0.28 per share). The company announced a quarterly cash dividend of $0.385, marking a 6.9% increase. AFFO reached $140.3 million ($0.52 per share), and the firm raised its 2021 AFFO guidance to $1.98-$2.00, while introducing 2022 guidance of $2.15-$2.20. STORE Capital's total investments for the quarter were $411.7 million across 75 properties. The real estate portfolio grew to $10.3 billion, with occupancy at 99.4%.