Your question: Is Stor a REIT?

STOR (like any other typical REIT business) relies on debt financing and is therefore somewhat sensitive to interest rate change.

What type of REIT is Stor?

SCOTTSDALE, Ariz., December 15, 2021–STORE Capital Corporation (NYSE: STOR), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it has declared a regular quarterly cash dividend on its common stock of $0.385 per share for the …

Is Stor an equity REIT?

STOR is a triple net real estate investment trust (REIT) that specializes in the acquisition, investment and management of single-tenant operational real estate.

What sector is Stor?

Key Data

Label Value
Exchange NYSE
Sector Consumer Services
Industry Real Estate Investment Trusts
1 Year Target $37.50

What kind of company is store capital?

STORE Capital (STORE stands for Single Tenant Operational Real Estate) is a publicly traded American real estate investment trust headquartered in Scottsdale, Arizona. Berkshire Hathaway owns 9% of the company.

What does Stor capital do?

STORE Capital Corporation provides real estate investment trust services. The Company invests in single-tenant real estate such as chain restaurants, supermarkets, health clubs, education, retail, service, and distribution facilities. STORE Capital operates in the United States.

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What kind of properties does store capital own?

About Store Capital Corp

STORE Capital Corporation is an internally managed net-lease real estate investment trust. The Company is engaged in the acquisition, investment and management of single tenant operational real estate (STORE) properties.

Does Warren Buffett own stor stock?

Good news for Buffett: STOR shares have returned 124% since the March bottom to top the S&P 500’s 115% total return since then. BRK. B now owns 9.0% of shares outstanding, making it Store Capital’s third-largest shareholder after Vanguard and BlackRock.

Is store a good investment?

There is less risk of non-paying customers. The company increased its revenue by 14.1% in the second quarter of 2021 compared to the same period in 2020. … STORE Capital is a share worth buying because of the stable characteristics of renting real estate to service-oriented customers.

Does Buffett still own store capital?

5 Reasons This Warren Buffett Stock Is Still a Buy

Not only is STORE Capital (NYSE: STOR) in Berkshire Hathaway’s (NYSE: BRK. A)(NYSE: BRK.B) stock portfolio, but it’s the only real estate investment trust (REIT) the Warren Buffett-led conglomerate has chosen to put its own capital into.