NYSE:SRC Spirit Realty Capital (SRC) Stock Forecast, Price & News $38.55 +0.72 (+1.90%) (As of 05/26/2023 08:47 PM ET) Add Compare Share Share Today's Range$37.64▼$38.6450-Day Range$36.91▼$39.8452-Week Range$34.31▼$44.93Volume509,400 shsAverage Volume790,698 shsMarket Capitalization$5.45 billionP/E Ratio16.91Dividend Yield6.87%Price Target$43.15 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Spirit Realty Capital MarketRank™ ForecastAnalyst RatingHold2.22 Rating ScoreUpside/Downside11.9% Upside$43.15 Price TargetShort InterestHealthy1.91% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-3.33Upright™ Environmental ScoreNews Sentiment1.36Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth2.62%From $3.44 to $3.53 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.27 out of 5 starsFinance Sector611th out of 911 stocksNonresidential Building Operators Industry3rd out of 4 stocks 2.1 Analyst's Opinion Consensus RatingSpirit Realty Capital has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 2 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $43.15, Spirit Realty Capital has a forecasted upside of 11.9% from its current price of $38.55.Amount of Analyst CoverageSpirit Realty Capital has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.91% of the outstanding shares of Spirit Realty Capital have been sold short.Short Interest Ratio / Days to CoverSpirit Realty Capital has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Spirit Realty Capital has recently decreased by 12.62%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipSpirit Realty Capital is a leading dividend payer. It pays a dividend yield of 6.88%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSpirit Realty Capital has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Spirit Realty Capital is 116.23%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Spirit Realty Capital will have a dividend payout ratio of 75.07% in the coming year. This indicates that Spirit Realty Capital may not be able to sustain their current dividend. Previous Next 1.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSpirit Realty Capital has received a -32.55% net impact score from Upright. The largest negative impact of Spirit Realty Capital in category "GHG emissions" seems to be driven mostly by its "Real estate funds investing in retail stores", "Real estate funds investing in industrial, logistics and warehousing buildings", and "Real estate funds investing in office buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for Spirit Realty Capital is -3.33. Previous Next 3.0 News and Social Media Coverage News SentimentSpirit Realty Capital has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Spirit Realty Capital this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 1 people have added Spirit Realty Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Spirit Realty Capital insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.58% of the stock of Spirit Realty Capital is held by insiders.Percentage Held by Institutions93.01% of the stock of Spirit Realty Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Spirit Realty Capital are expected to grow by 2.62% in the coming year, from $3.44 to $3.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Spirit Realty Capital is 16.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Spirit Realty Capital is 16.91, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 160.60.Price to Earnings Growth RatioSpirit Realty Capital has a PEG Ratio of 5.87. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSpirit Realty Capital has a P/B Ratio of 1.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Spirit Realty Capital (NYSE:SRC) StockSpirit Realty Capital, Inc. operates as a holding company, which engages in investments in real estate. Its in-house capabilities include acquisition, portfolio management, asset management, credit research, real estate research, legal, finance, accounting, and capital markets. The company was founded on August 14, 2003, and is headquartered in Dallas, TX.Read More Receive SRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Spirit Realty Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address SRC Stock News HeadlinesMay 23, 2023 | americanbankingnews.comAnalysts Set Spirit Realty Capital, Inc. (NYSE:SRC) Price Target at $43.17May 8, 2023 | americanbankingnews.comSpirit Realty Capital (NYSE:SRC) Given New $45.50 Price Target at Stifel NicolausMay 29, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 4, 2023 | msn.comSpirit Realty Capital (SRC) Declares $0.66 DividendMay 4, 2023 | marketwatch.com8-K: SPIRIT REALTY CAPITAL, INC.May 4, 2023 | markets.businessinsider.comJMP Securities Remains a Buy on Spirit Realty Capital (SRC)May 4, 2023 | seekingalpha.comSpirit Realty Capital, Inc. (SRC) Q1 2023 Earnings Call TranscriptMay 4, 2023 | seekingalpha.comSpirit Realty Capital, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 29, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 3, 2023 | finance.yahoo.comSpirit Realty Capital, Inc. Announces First Quarter of 2023 Financial and Operating ResultsMay 3, 2023 | finance.yahoo.comSpirit Realty (SRC) Q1 FFO Meet EstimatesMay 1, 2023 | americanbankingnews.comSpirit Realty Capital (SRC) to Release Earnings on WednesdayApril 28, 2023 | americanbankingnews.comBrokerages Set Spirit Realty Capital, Inc. (NYSE:SRC) Price Target at $42.88April 24, 2023 | seekingalpha.comSpirit Realty Capital: The Phoenix Rises (Rating Downgrade)April 21, 2023 | markets.businessinsider.comRBC Capital Remains a Hold on Spirit Realty Capital (SRC)April 17, 2023 | seekingalpha.comWhy I Sold Spirit Realty And Reinvested In Spirit Realty's Preferred StockApril 13, 2023 | seekingalpha.comSpirit Realty: 7% Yield From Net Lease Real Estate, Low LeverageApril 10, 2023 | finance.yahoo.comSpirit Realty Capital, Inc. Schedules First Quarter 2023 Earnings Release and Conference CallApril 7, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Medical Properties (MPW) and Spirit Realty Capital (SRC)April 5, 2023 | seekingalpha.comSpirit's 7% Yield Not So SpookyApril 5, 2023 | americanbankingnews.comSpirit Realty Capital, Inc. (NYSE:SRC) Given Average Rating of "Hold" by BrokeragesApril 3, 2023 | nasdaq.comSpirit Realty Capital's Series A Preferred Stock Shares Cross 6.5% Yield MarkApril 1, 2023 | americanbankingnews.comAnalysts Issue Forecasts for Spirit Realty Capital, Inc.'s Q1 2023 Earnings (NYSE:SRC)March 30, 2023 | markets.businessinsider.comJMP Securities Sticks to Their Buy Rating for Spirit Realty Capital (SRC)March 26, 2023 | wsj.comSpirit Realty Capital Inc. 6% Cum. Redeem. Pfd. Series AMarch 24, 2023 | americanbankingnews.comSpirit Realty Capital (NYSE:SRC) PT Lowered to $45.00 at JMP SecuritiesMarch 9, 2023 | finance.yahoo.comSpirit Realty Capital, Inc. (NYSE:SRC) Q4 2022 Earnings Call TranscriptSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Spirit Realty Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address SRC Company Calendar Last Earnings2/28/2023Ex-Dividend for 4/14 Dividend3/30/2023Dividend Payable4/14/2023Today5/28/2023Ex-Dividend for 7/14 Dividend6/29/2023Dividend Payable7/14/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Nonresidential building operators Sub-IndustryDiversified REITs SectorFinance Current SymbolNYSE:SRC CUSIP84860F10 CIK1308606 Webwww.spiritrealty.com Phone(972) 476-1900Fax800-973-0850Employees84Year Founded2003Price Target and Rating Average Stock Price Forecast$43.15 High Stock Price Forecast$50.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside+11.9%Consensus RatingHold Rating Score (0-4)2.22 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$2.28 Trailing P/E Ratio16.91 Forward P/E Ratio11.21 P/E Growth5.87Net Income$285.52 million Net Margins44.28% Pretax Margin44.77% Return on Equity7.42% Return on Assets3.85% Debt Debt-to-Equity Ratio0.82 Current Ratio0.31 Quick Ratio0.31 Sales & Book Value Annual Sales$709.63 million Price / Sales7.68 Cash Flow$4.21 per share Price / Cash Flow9.16 Book Value$31.05 per share Price / Book1.24Miscellaneous Outstanding Shares141,300,000Free Float140,477,000Market Cap$5.45 billion OptionableOptionable Beta1.27 Social Links Key ExecutivesJackson HsiehPresident, Chief Executive Officer & DirectorMichael C. HughesChief Financial Officer & Executive Vice PresidentRochelle ThomasSecretary, Executive VP & General CounselJay A. YoungChief Administrative & Legal Officer, Executive VPKenneth HeimlichChief Investment Officer & Executive VPKey CompetitorsFirst American FinancialNYSE:FAFStarwood Property TrustNYSE:STWDBOK FinancialNASDAQ:BOKFCredit AcceptanceNASDAQ:CACCProsperity BancsharesNYSE:PBView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 18,085 shares on 5/26/2023Ownership: 0.006%Toroso Investments LLCBought 1,170 shares on 5/23/2023Ownership: 0.008%Ameriprise Financial Inc.Bought 94,414 shares on 5/22/2023Ownership: 0.242%Putnam Investments LLCSold 86,876 shares on 5/22/2023Ownership: 0.068%Anson Funds Management LPSold 59,000 shares on 5/19/2023Ownership: 0.044%View All Insider TransactionsView All Institutional Transactions SRC Stock - Frequently Asked Questions Should I buy or sell Spirit Realty Capital stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SRC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SRC, but not buy additional shares or sell existing shares. View SRC analyst ratings or view top-rated stocks. What is Spirit Realty Capital's stock price forecast for 2023? 9 brokerages have issued 1-year target prices for Spirit Realty Capital's shares. Their SRC share price forecasts range from $38.00 to $50.00. On average, they expect the company's share price to reach $43.15 in the next year. This suggests a possible upside of 11.9% from the stock's current price. View analysts price targets for SRC or view top-rated stocks among Wall Street analysts. How have SRC shares performed in 2023? Spirit Realty Capital's stock was trading at $39.93 at the start of the year. Since then, SRC stock has decreased by 3.5% and is now trading at $38.55. View the best growth stocks for 2023 here. When is Spirit Realty Capital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our SRC earnings forecast. How were Spirit Realty Capital's earnings last quarter? Spirit Realty Capital, Inc. (NYSE:SRC) posted its earnings results on Tuesday, February, 28th. The real estate investment trust reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.86 by $0.38. The real estate investment trust earned $183.39 million during the quarter, compared to analyst estimates of $184.95 million. Spirit Realty Capital had a net margin of 44.28% and a trailing twelve-month return on equity of 7.42%. How often does Spirit Realty Capital pay dividends? What is the dividend yield for Spirit Realty Capital? Spirit Realty Capital declared a quarterly dividend on Wednesday, May 3rd. Stockholders of record on Friday, June 30th will be given a dividend of $0.663 per share on Friday, July 14th. This represents a $2.65 dividend on an annualized basis and a yield of 6.88%. The ex-dividend date of this dividend is Thursday, June 29th. Read our dividend analysis for SRC. What ETFs hold Spirit Realty Capital's stock? ETFs with the largest weight of Spirit Realty Capital (NYSE:SRC) stock in their portfolio include Janus Henderson U.S. Real Estate ETF (JRE), NETLease Corporate Real Estate ETF (NETL), First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), Global X SuperDividend REIT ETF (SRET), Invesco KBW Premium Yield Equity REIT ETF (KBWY), ALPS REIT Dividend Dogs ETF (RDOG), Fidelity Real Estate Investment ETF (FPRO) and Hoya Capital High Dividend Yield ETF (RIET). Is Spirit Realty Capital a good dividend stock? Spirit Realty Capital (NYSE:SRC) pays an annual dividend of $2.65 per share and currently has a dividend yield of 6.88%. SRC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 116.23%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SRC will have a dividend payout ratio of 75.07% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for SRC. When did Spirit Realty Capital's stock split? Spirit Realty Capital's stock reverse split before market open on Thursday, December 13th 2018. The 1-5 reverse split was announced on Tuesday, November 13th 2018. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, December 12th 2018. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split. What guidance has Spirit Realty Capital issued on next quarter's earnings? Spirit Realty Capital issued an update on its FY23 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of $3.54-$3.60 for the period, compared to the consensus earnings per share estimate of $3.63. What other stocks do shareholders of Spirit Realty Capital own? Based on aggregate information from My MarketBeat watchlists, some companies that other Spirit Realty Capital investors own include AT&T (T), Annaly Capital Management (NLY), Enterprise Products Partners (EPD), Iron Mountain (IRM), Pfizer (PFE), Energy Transfer (ET), Omega Healthcare Investors (OHI), Cisco Systems (CSCO), Medical Properties Trust (MPW) and STORE Capital (STOR). What is Spirit Realty Capital's stock symbol? Spirit Realty Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "SRC." Who are Spirit Realty Capital's major shareholders? Spirit Realty Capital's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.70%), FMR LLC (6.97%), State Street Corp (5.48%), Daiwa Securities Group Inc. (2.14%), Macquarie Group Ltd. (2.03%) and Geode Capital Management LLC (1.60%). Insiders that own company stock include Jay Young, Michelle M Frymire and Richard I Gilchrist. View institutional ownership trends. How do I buy shares of Spirit Realty Capital? Shares of SRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Spirit Realty Capital's stock price today? One share of SRC stock can currently be purchased for approximately $38.55. How much money does Spirit Realty Capital make? Spirit Realty Capital (NYSE:SRC) has a market capitalization of $5.45 billion and generates $709.63 million in revenue each year. The real estate investment trust earns $285.52 million in net income (profit) each year or $2.28 on an earnings per share basis. How can I contact Spirit Realty Capital? Spirit Realty Capital's mailing address is 2727 NORTH HARWOOD STREET SUITE 300, DALLAS TX, 75201. The official website for the company is www.spiritrealty.com. The real estate investment trust can be reached via phone at (972) 476-1900, via email at investorrelations@spiritrealty.com, or via fax at 800-973-0850. This page (NYSE:SRC) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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