NYSE:SRC - Spirit Realty Capital Stock Price, News, & Analysis

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$8.07 -0.09 (-1.10 %)
(As of 09/21/2018 03:49 PM ET)
Previous Close$8.14
Today's Range$8.07 - $8.15
52-Week Range$7.34 - $8.84
Volume209,183 shs
Average Volume3.57 million shs
Market Capitalization$3.44 billion
P/E Ratio9.54
Dividend Yield8.98%
Beta0.43
Spirit Realty Capital logoSpirit Realty Capital, Inc. (NYSE: SRC) is a premier net-lease REIT that primarily invests in high-quality, operationally essential real estate, subject to long-term, net leases. Over the past decade, Spirit has become an industry leader and owner of income-producing, strategically located retail, industrial, office and data center properties providing superior risk adjusted returns and steady dividend growth for our stockholders. As of June 30, 2018, our diversified portfolio was comprised of 1,512 properties, including properties securing mortgage loans made by the Company. Our properties, with an aggregate gross leasable area of approximately 27.7 million square feet, are leased to approximately 250 tenants across 49 states and 32 industries.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Nonresidential building operators
Sub-IndustryDiversified REITs
SectorFinance
SymbolNYSE:SRC
CUSIP84860F10
Phone972-476-1900

Debt

Debt-to-Equity Ratio0.69
Current Ratio0.53
Quick Ratio0.53

Price-To-Earnings

Trailing P/E Ratio9.54
Forward P/E Ratio11.70
P/E GrowthN/A

Sales & Book Value

Annual Sales$668.96 million
Price / Sales5.17
Cash Flow$0.7873 per share
Price / Cash10.25
Book Value$6.92 per share
Price / Book1.17

Profitability

EPS (Most Recent Fiscal Year)$0.85
Net Income$77.14 million
Net Margins14.77%
Return on Equity3.42%
Return on Assets1.54%

Miscellaneous

Employees87
Outstanding Shares428,570,000
Market Cap$3.44 billion

Spirit Realty Capital (NYSE:SRC) Frequently Asked Questions

What is Spirit Realty Capital's stock symbol?

Spirit Realty Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "SRC."

How often does Spirit Realty Capital pay dividends? What is the dividend yield for Spirit Realty Capital?

Spirit Realty Capital announced a quarterly dividend on Friday, August 31st. Stockholders of record on Friday, September 28th will be paid a dividend of $0.125 per share on Monday, October 15th. This represents a $0.50 annualized dividend and a dividend yield of 6.20%. The ex-dividend date is Thursday, September 27th. View Spirit Realty Capital's Dividend History.

How will Spirit Realty Capital's stock buyback program work?

Spirit Realty Capital announced that its board has authorized a stock buyback plan on Wednesday, August 16th 2017, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its stock is undervalued.

How were Spirit Realty Capital's earnings last quarter?

Spirit Realty Capital Inc (NYSE:SRC) posted its quarterly earnings results on Tuesday, August, 7th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.11. The real estate investment trust had revenue of $98.24 million for the quarter, compared to analysts' expectations of $104.88 million. Spirit Realty Capital had a return on equity of 3.42% and a net margin of 14.77%. View Spirit Realty Capital's Earnings History.

When is Spirit Realty Capital's next earnings date?

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Spirit Realty Capital.

What price target have analysts set for SRC?

12 analysts have issued 1-year target prices for Spirit Realty Capital's shares. Their forecasts range from $8.00 to $11.00. On average, they anticipate Spirit Realty Capital's share price to reach $8.9375 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Spirit Realty Capital.

What is the consensus analysts' recommendation for Spirit Realty Capital?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Spirit Realty Capital.

Who are some of Spirit Realty Capital's key competitors?

Who are Spirit Realty Capital's key executives?

Spirit Realty Capital's management team includes the folowing people:
  • Mr. Jackson Hsieh, Pres, CEO & Director (Age 58)
  • Mr. Jay A. Young, Exec. VP, Gen. Counsel & Sec. (Age 48)
  • Mr. Michael C. Hughes, Exec. VP & CFO (Age 43)
  • Mr. Prakash J. Parag, Sr. VP & Chief Accounting Officer (Age 43)
  • Mr. Daniel Rosenberg, Sr. VP of Acquisitions (Age 40)

Has Spirit Realty Capital been receiving favorable news coverage?

News stories about SRC stock have trended somewhat positive on Friday, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Spirit Realty Capital earned a news impact score of 0.18 on Accern's scale. They also gave press coverage about the real estate investment trust an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Spirit Realty Capital.

Who are Spirit Realty Capital's major shareholders?

Spirit Realty Capital's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (12.95%), Scopia Capital Management LP (5.67%), V3 Capital Management L.P. (1.92%), Renaissance Technologies LLC (1.87%), LSV Asset Management (1.57%) and Monarch Alternative Capital LP (1.25%). Company insiders that own Spirit Realty Capital stock include Boyd Messmann, Jackson Hsieh, Kenneth Heimlich, Phillip D Joseph Jr, Richard I Gilchrist, Sheli Z Rosenberg, Thomas H Nolan Jr, Thomas D Senkbeil and Todd A Dunn. View Institutional Ownership Trends for Spirit Realty Capital.

Which major investors are selling Spirit Realty Capital stock?

SRC stock was sold by a variety of institutional investors in the last quarter, including Scopia Capital Management LP, Thompson Siegel & Walmsley LLC, V3 Capital Management L.P., Tricadia Capital Management LLC, Millennium Management LLC, Davidson Kempner Capital Management LP, Monarch Alternative Capital LP and Highland Capital Management LP. View Insider Buying and Selling for Spirit Realty Capital.

Which major investors are buying Spirit Realty Capital stock?

SRC stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, LSV Asset Management, Janus Henderson Group PLC, Water Island Capital LLC, Chicago Equity Partners LLC, American Century Companies Inc. and Schwab Charles Investment Management Inc.. Company insiders that have bought Spirit Realty Capital stock in the last two years include Boyd Messmann, Jackson Hsieh, Kenneth Heimlich, Phillip D Joseph Jr, Richard I Gilchrist, Sheli Z Rosenberg, Thomas D Senkbeil and Todd A Dunn. View Insider Buying and Selling for Spirit Realty Capital.

How do I buy shares of Spirit Realty Capital?

Shares of SRC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Spirit Realty Capital's stock price today?

One share of SRC stock can currently be purchased for approximately $8.07.

How big of a company is Spirit Realty Capital?

Spirit Realty Capital has a market capitalization of $3.44 billion and generates $668.96 million in revenue each year. The real estate investment trust earns $77.14 million in net income (profit) each year or $0.85 on an earnings per share basis. Spirit Realty Capital employs 87 workers across the globe.

How can I contact Spirit Realty Capital?

Spirit Realty Capital's mailing address is 2727 NORTH HARWOOD STREET SUITE 300, DALLAS TX, 75201. The real estate investment trust can be reached via phone at 972-476-1900 or via email at [email protected]


MarketBeat Community Rating for Spirit Realty Capital (NYSE SRC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  274 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  582
MarketBeat's community ratings are surveys of what our community members think about Spirit Realty Capital and other stocks. Vote "Outperform" if you believe SRC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SRC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2018 by MarketBeat.com Staff

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