Free Trial
→ All Signs Point To Collapse - 401(k)s/IRAs /Are Doomed (From American Hartford Gold) (Ad)

MarketBeat ‘Stock of the Week’: Spirit Realty deal rattles REITs

Written by MarketBeat Staff
November 6, 2023

Key Points

  • Realty Income announced a plan to merge with Spirit Realty in a $9.3 billion all-stock deal that would combine two of the country’s largest real estate financing groups.
  • The timing of the deal coincided well with last week’s Fed decision to keep benchmark interest rates as they are, offering a big sigh of relief for REIT shareholders.
  • Truist reiterated its buy rating for Spirit Realty and gave a revised $45.00 price target, while other revised Wall Street targets are in the low $40’s post-announcement.
  • Five stocks we like better than Spirit Realty Capital.

unlock icon  Upgrade Now

This premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below.

Upgrade Now See Benefits

Already have an account? Log in here.

Should You Invest $1,000 in Spirit Realty Capital Right Now?

Before you consider Spirit Realty Capital, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Spirit Realty Capital wasn't on the list.

While Spirit Realty Capital currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

2025 Gold Forecast: A Perfect Storm for Demand Cover
2025 Gold Forecast: A Perfect Storm for Demand

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Spirit Realty Capital (SRC)N/A$42.31flat6.33%24.18N/AN/A
Realty Income (O)
4.0736 of 5 stars		$55.94-1.3%5.76%53.28Hold$61.85
Simon Property Group (SPG)
3.2532 of 5 stars		$171.81+5.3%4.89%23.67Moderate Buy$178.39
Walgreens Boots Alliance (WBA)
3.416 of 5 stars		$11.40+1.6%8.77%-1.11Reduce$10.59
Dollar Tree (DLTR)
3.3944 of 5 stars		$89.00+4.1%N/A-18.66Hold$82.68
BJ's Wholesale Club (BJ)
1.7066 of 5 stars		$111.56-2.7%N/A26.82Moderate Buy$112.12
Dave & Buster's Entertainment (PLAY)
3.8758 of 5 stars		$22.12+11.4%2.89%10.95Hold$33.00
Dollar General (DG)
4.485 of 5 stars		$89.51-2.3%2.64%14.75Hold$95.16
At Home Group (HOME)
0.2353 of 5 stars		$36.99flatN/A14.74N/AN/A
3M (MMM)
4.34 of 5 stars		$150.37+5.5%1.94%19.92Moderate Buy$149.29
Compare These Stocks  Add These Stocks to My Watchlist 

Featured Articles and Offers

5 Stocks to BUY NOW in May 2025
April 30, 2025

5 Stocks to BUY NOW in May 2025

With possible tariff news looming and market uncertainty ahead, these 5 stocks could help you navigate the chaos.

Watch Video

Related Videos

3 Tech Stocks to Buy Now—And 3 You’ll Regret Keeping
These 3 Dividend Stocks Might Be the Safest Bet Right Now
Google’s $32B Move: 3 Cybersecurity Stocks to Watch

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines