Spirit Realty Capital Company Profile (NYSE:SRC)

About Spirit Realty Capital

Spirit Realty Capital logoSpirit Realty Capital, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company's operations are carried out through Spirit Realty, L.P. (the Operating Partnership). The Company invests in single-tenant, operationally essential real estate throughout the United States that is leased on a long-term, triple-net basis primarily to tenants engaged in retail, service and distribution industries. Single-tenant, operationally essential real estate consists of properties that are generally free-standing, commercial real estate facilities where its tenants conduct retail, service or distribution activities. as of December 31, 2012, the Company's portfolio of 1,122 owned properties were leased to approximately 165 tenants.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Diversified
  • Sub-Industry: Diversified REITs
  • Exchange: NYSE
  • Symbol: SRC
  • CUSIP: 84860F10
Key Metrics:
  • Previous Close: $11.07
  • 50 Day Moving Average: $10.79
  • 200 Day Moving Average: $11.74
  • 52-Week Range: $10.19 - $13.97
  • Trailing P/E Ratio: 49.64
  • Foreward P/E Ratio: 32.56
  • P/E Growth: 10.74
  • Market Cap: $5.35B
  • Outstanding Shares: 483,566,000
  • Beta: 0.52
Profitability:
  • Net Margins: 16.77%
  • Return on Equity: 3.17%
  • Return on Assets: 1.46%
Debt:
  • Debt-to-Equity Ratio: 0.99%
  • Current Ratio: 0.56%
  • Quick Ratio: 0.56%
Additional Links:
Companies Related to Spirit Realty Capital:

Analyst Ratings

Consensus Ratings for Spirit Realty Capital (NYSE:SRC) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 9 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $13.44 (21.45% upside)

Analysts' Ratings History for Spirit Realty Capital (NYSE:SRC)
Show:
DateFirmActionRatingPrice TargetDetails
1/4/2017FBR & CoInitiated CoverageOutperform$13.00View Rating Details
12/16/2016J P Morgan Chase & CoInitiated CoverageOverweight$13.00View Rating Details
12/16/2016MizuhoDowngradeBuy -> Neutral$10.50View Rating Details
12/5/2016Bank of America CorpDowngradeNeutral -> UnderperformView Rating Details
11/21/2016Robert W. BairdUpgradeNeutral -> Outperform$13.00View Rating Details
9/7/2016Janney Montgomery ScottInitiated CoverageBuy$14.50View Rating Details
9/7/2016Morgan StanleyUpgradeEqual Weight -> Overweight$11.00 -> $15.00View Rating Details
8/25/2016BTIG ResearchInitiated CoverageBuy$15.00View Rating Details
8/9/2016WunderlichBoost Price TargetBuy$14.00 -> $15.00View Rating Details
5/9/2016Deutsche Bank AGReiterated RatingBuyView Rating Details
3/11/2016Oppenheimer Holdings, Inc.UpgradeMarket Perform -> Outperform$12.00View Rating Details
2/29/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformView Rating Details
12/14/2015SunTrust Banks, Inc.Initiated CoverageBuy$10.50View Rating Details
8/7/2015Ladenburg Thalmann Financial ServicesLower Price TargetBuy$14.00 -> $13.00View Rating Details
8/7/2015Royal Bank of CanadaLower Price TargetSector Perform$12.00 -> $11.00View Rating Details
6/15/2015Cowen and CompanyInitiated CoverageMarket Perform$11.00View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Spirit Realty Capital (NYSE:SRC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/22/2017Q416$0.08$0.21$162.91 million$173.40 millionViewN/AView Earnings Details
8/3/2016Q2$0.21$0.22$164.29 million$171.70 millionViewN/AView Earnings Details
5/4/2016Q1$0.21$0.22$162.51 million$168.40 millionViewN/AView Earnings Details
2/24/2016Q415$0.22$0.19$162.45 million$160.80 millionViewListenView Earnings Details
11/5/2015Q315$0.21$0.21$162.89 million$168.43 millionViewN/AView Earnings Details
8/6/2015Q215$0.20$0.22$161.23 million$167.90 millionViewN/AView Earnings Details
5/7/2015Q214$0.20$0.21$155.20 million$162.28 millionViewN/AView Earnings Details
2/26/2015Q114$0.21$0.20$152.18 million$154.00 millionViewN/AView Earnings Details
11/3/2014Q413$0.21$0.21$147.70 million$152.30 millionViewListenView Earnings Details
8/5/2014Q2$0.20$0.20$144.16 million$151.80 millionViewListenView Earnings Details
11/11/2013Q3$0.10$0.19$127.60 million$137.10 millionViewListenView Earnings Details
8/8/2013Q2 2013$0.19$0.25$72.54 million$72.80 millionViewListenView Earnings Details
5/8/2013Q113$0.36$0.43$71.27 millionViewListenView Earnings Details
11/7/2012Q312$0.60$69.30 million$70.70 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Spirit Realty Capital (NYSE:SRC)
Current Year EPS Consensus Estimate: $0.33 EPS
Next Year EPS Consensus Estimate: $0.34 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.21$0.22$0.22
Q2 20164$0.21$0.22$0.21
Q3 20163$0.22$0.22$0.22
Q4 20164$0.22$0.23$0.22
Q1 20173$0.22$0.23$0.22
Q2 20173$0.22$0.23$0.23
Q3 20173$0.22$0.23$0.22
Q4 20173$0.22$0.23$0.23
Q1 20181$0.23$0.23$0.23
Q2 20181$0.23$0.23$0.23
Q3 20181$0.23$0.23$0.23
Q4 20181$0.23$0.23$0.23
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Spirit Realty Capital (NYSE:SRC)
Annual Dividend:$0.72
Dividend Yield:6.50%
Dividend Growth:-15.20% (3 Year Average)
Payout Ratio:288.00% (Based on Trailing 12 Months of Earnings)
218.18% (Based on Current Year Consensus EPS Estimate)
211.76% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Spirit Realty Capital (NYSE:SRC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/16/2016quarterly$0.186.81%12/28/201612/30/20161/13/2017
9/15/2016quarterly$0.185.37%9/28/20169/30/201610/14/2016
6/16/2016quarterly$0.185.81%6/28/20166/30/20167/15/2016
3/15/2016quarterly$0.186.51%3/29/20163/31/20164/15/2016
12/16/2015quarterly$0.186.86%12/29/201512/31/20151/15/2016
9/15/2015quarterly$0.177.39%9/28/20159/30/201510/15/2015
6/16/2015quarterly$0.176.48%6/26/20156/30/20157/15/2015
3/17/2015quarterly$0.175.71%3/27/20153/31/20154/15/2015
12/15/2014quarterly$0.175.88%12/29/201412/31/20141/15/2015
9/16/2014quarterly$0.175.87%9/26/20149/30/201410/15/2014
6/16/2014quarterly$0.175.94%6/26/20146/30/20147/15/2014
3/18/2014quarterly$0.175.95%3/27/20143/31/20144/15/2014
12/17/2013quarterly$0.176.64%12/27/201312/31/20131/15/2014
9/6/2013special$0.009/26/20139/30/201310/15/2013
6/17/2013quarterly$0.316.36%6/26/20136/28/20137/16/2013
3/14/2013quarterly$0.313/31/20134/16/2013
12/13/2012quarterly$0.3112/27/201212/31/20121/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Spirit Realty Capital (NYSE:SRC)
Insider Ownership Percentage: 0.50%
Institutional Ownership Percentage: 96.54%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/1/2016Thomas H Nolan JrCEOSell15,000$10.44$156,600.00View SEC Filing  
11/15/2016Jackson HsiehInsiderBuy9,500$10.62$100,890.00View SEC Filing  
11/10/2016Phillip D Joseph JrCFOBuy2,516$10.75$27,047.00View SEC Filing  
9/1/2016Thomas H Nolan JrCEOSell15,000$13.23$198,450.00View SEC Filing  
6/1/2016Thomas H Nolan JrCEOSell15,000$11.48$172,200.00View SEC Filing  
2/1/2016Thomas H Nolan JrCEOSell12,500$10.50$131,250.00View SEC Filing  
1/28/2016Michael BenderinsiderSell28,683$10.18$291,992.94View SEC Filing  
12/17/2015Michael BenderInsiderSell26,686$10.14$270,596.04View SEC Filing  
9/16/2015Gregg A SeibertEVPBuy4,300$9.26$39,818.00View SEC Filing  
9/1/2015Phillip D Joseph JrCFOBuy3,553$9.40$33,398.20View SEC Filing  
5/1/2015Thomas H Nolan JrCEOSell12,500$11.35$141,875.00View SEC Filing  
4/1/2015Thomas H Nolan JrCEOSell12,500$12.12$151,500.00View SEC Filing  
12/22/2014Christopher James BerletInsiderSell40,000$0.21$8,200.00
5/23/2014Kevin M CharltonDirectorBuy4,500$11.24$50,580.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Spirit Realty Capital (NYSE:SRC)
DateHeadline
capitalcube.com logoSpirit Realty Capital, Inc. :SRC-US: Earnings Analysis: 2016 By the Numbers : February 27, 2017 (NYSE:SRC)
www.capitalcube.com - February 27 at 4:46 PM
News IconSpotting the Levels for Spirit Realty Capital Inc (SRC) - Searcy News (NYSE:SRC)
searcysentinel.com - February 27 at 9:07 AM
News IconStock Price of Spirit Realty Capital, Inc. (SRC) Increases 1.95% - Money Flow Index & Trends (NYSE:SRC)
www.moneyflowtrends.com - February 27 at 9:07 AM
News IconSpirit Realty Capital, Inc. (NYSE:SRC) Analysts Recommendations and Insider Trading (NYSE:SRC)
giftedviz.com - February 24 at 10:45 PM
News IconSpirit Realty Capital, Inc. (SRC) Announces Earnings Results (NYSE:SRC)
nyhetsbanken.info - February 24 at 10:45 PM
News IconRevenue Update on Spirit Realty Capital Inc (New)(NYSE:SRC) (NYSE:SRC)
hoyentv.com - February 24 at 10:45 PM
News IconBrokerages Set Spirit Realty Capital, Inc. (SRC) Price Target at $13.44 (NYSE:SRC)
naijaoversabi.com - February 24 at 10:45 PM
capitalcube.com logoSpirit Realty Capital, Inc. :SRC-US: Earnings Analysis: Q4, 2016 By the Numbers : February 24, 2017 (NYSE:SRC)
www.capitalcube.com - February 24 at 10:45 PM
News IconBustling Stock in Focus: Spirit Realty Capital, Inc. (NYSE:SRC) - Winfield Review (NYSE:SRC)
winfieldreview.com - February 24 at 8:06 AM
finance.yahoo.com logoEdited Transcript of SRC earnings conference call or presentation 23-Feb-17 4:00pm GMT (NYSE:SRC)
finance.yahoo.com - February 24 at 8:06 AM
News IconThe Charts Expose On Spirit Realty Capital, Inc. (SRC) Is Causing A Stir - NY Stock News (NYSE:SRC)
nystocknews.com - February 23 at 8:10 PM
News IconSell-side Consensus Sees Spirit Realty Capital, Inc. (NYSE:SRC) Going Where Near-Term? - Aiken Advocate (NYSE:SRC)
aikenadvocate.com - February 23 at 8:10 PM
finance.yahoo.com logoSpirit Realty Capital, Inc. Announces Fourth Quarter and Full Year 2016 Financial and Operating Results - Yahoo Finance (NYSE:SRC)
finance.yahoo.com - February 23 at 8:10 PM
News IconTaking a Fresh Look at Spirit Realty Capital, Inc. (SRC) - StockNewsJournal (NYSE:SRC)
stocknewsjournal.com - February 23 at 8:10 PM
biz.yahoo.com logoSPIRIT REALTY CAPITAL, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a (NYSE:SRC)
biz.yahoo.com - February 23 at 8:10 PM
4-traders.com logoSpirit Realty Capital : reports 4Q results (NYSE:SRC)
www.4-traders.com - February 23 at 1:13 AM
News IconSpirit Realty Capital Inc (SRC): What are the future prospects? (NYSE:SRC)
simplywall.st - February 23 at 1:13 AM
reuters.com logoBRIEF-Spirit Realty Capital Inc Q4 FFO per share $0.21 (NYSE:SRC)
www.reuters.com - February 23 at 1:13 AM
News IconSpirit Realty Capital, Inc. (SRC) Consensus EPS Forecasts (NYSE:SRC)
oakridgeobserver.com - February 23 at 1:13 AM
News IconSpirit Realty Capital, Inc. (SRC) Set to Announce Earnings on Wednesday (NYSE:SRC)
www.graffiotech.com - February 23 at 1:13 AM
us.rd.yahoo.com logoSpirit Realty Capital, Inc. Announces Fourth Quarter and Full Year 2016 Financial and Operating Results (NYSE:SRC)
us.rd.yahoo.com - February 23 at 1:13 AM
us.rd.yahoo.com logo4:24 pm Spirit Realty Capital reports FFO in-line, revs in-line; guides FY17 FFO above consensus (NYSE:SRC)
us.rd.yahoo.com - February 23 at 1:13 AM
News IconTraders Secrets on Spirit Realty Capital, Inc. (SRC), SLM Corporation (SLM) - StockNewsJournal (NYSE:SRC)
www.stocknewsjournal.com - February 22 at 8:11 PM
News IconThe Charts For Spirit Realty Capital, Inc. (SRC) Is Speaking Volumes Today - NY Stock News (NYSE:SRC)
nystocknews.com - February 22 at 8:11 PM
News IconTechnicals in Focus for Spirit Realty Capital, Inc. (SRC) - The USA Commerce (NYSE:SRC)
theusacommerce.com - February 22 at 8:11 PM
News IconThe Technical Facts on Spirit Realty Capital, Inc. (SRC) - The USA Commerce (NYSE:SRC)
www.theusacommerce.com - February 22 at 8:11 PM
News IconSpirit Realty Capital Inc (New) (SRC) Releases Earnings Results, Reports EPS of $0.21 EPS - Highland Mirror (NYSE:SRC)
www.highlandmirror.com - February 22 at 8:11 PM
sg.finance.yahoo.com logoSpirit Realty reports 4Q results (NYSE:SRC)
sg.finance.yahoo.com - February 22 at 8:11 PM
News IconCan Spirit Realty Capital, Inc. (NYSE:SRC) Show Upward Trend after Earnings? (NYSE:SRC)
nyhetsbanken.info - February 19 at 6:54 PM
News IconTechnical Roundup On Two Stocks Spirit Realty Capital, Inc. (SRC), SLM Corporation (SLM) - Post Analyst (NYSE:SRC)
postanalyst.com - February 18 at 7:00 PM
News IconIs It Time to go for Spirit Realty Capital, Inc. (SRC), The Western Union Company (WU)? - StockNewsJournal (NYSE:SRC)
stocknewsjournal.com - February 18 at 8:49 AM
News IconWhat Analysts are Predicting For Spirit Realty Capital, Inc. (SRC), The Gap, Inc. (GPS)? - The USA Commerce (NYSE:SRC)
www.theusacommerce.com - February 17 at 7:25 PM
News IconStock Perspective: Spirit Realty Capital, Inc. (NYSE:SRC) Company Earnings Watch - Aiken Advocate (NYSE:SRC)
aikenadvocate.com - February 17 at 7:25 PM
News IconTrading Watch on Shares of Spirit Realty Capital Inc (SRC) - Baldwin Journal (NYSE:SRC)
baldwinjournal.com - February 17 at 7:25 PM
News IconDrilling Down Into Spirit Realty Capital, Inc. (SRC) - StockNewsJournal (NYSE:SRC)
www.stocknewsjournal.com - February 17 at 7:25 PM
News IconDigging Up the Facts on Spirit Realty Capital, Inc. (SRC) - StockNewsJournal (NYSE:SRC)
stocknewsjournal.com - February 17 at 7:25 PM
News IconSpirit Realty Capital, Inc. (NYSE:SRC) Insider Transactions Are in the Air (NYSE:SRC)
www.graffiotech.com - February 16 at 7:44 PM
News IconImpact of Brokerage Rating on Spirit Realty Capital, Inc.(SRC) (NYSE:SRC)
ekosvoice.com - February 16 at 7:44 PM
News IconStock Price of Spirit Realty Capital, Inc. (SRC) Increases 2.94% (NYSE:SRC)
techknowbits.com - February 16 at 7:44 PM
News IconDrilling Down Into Spirit Realty Capital, Inc. (SRC) (NYSE:SRC)
hoyentv.com - February 16 at 7:44 PM
capitalcube.com logoSpirit Realty Capital, Inc. : SRC-US: Dividend Analysis : December 30th, 2016 (record date) : By the numbers : February 16, 2017 (NYSE:SRC)
www.capitalcube.com - February 16 at 7:44 PM
istreetwire.com logoStocks Alert: Novavax, Inc. (NVAX), Peregrine Pharmaceuticals, Inc. (PPHM), Spirit Realty Capital, Inc. (SRC) - iStreetWire (NYSE:SRC)
istreetwire.com - February 15 at 6:11 AM
News IconAre Analysts Optimistic About Where Spirit Realty Capital, Inc. (NYSE:SRC) is Heading? - Winfield Review (NYSE:SRC)
winfieldreview.com - February 15 at 6:11 AM
News IconImpact of Brokerage Rating on Spirit Realty Capital, Inc.(SRC) - Highland Mirror (NYSE:SRC)
www.highlandmirror.com - February 15 at 6:11 AM
seekingalpha.com logo24% Upside And 6.7% Yield At Spirit Realty (NYSE:SRC)
seekingalpha.com - February 14 at 6:31 AM
News IconSpirit Realty Capital, Inc. (SRC): What's the Story? - StockNewsJournal (NYSE:SRC)
stocknewsjournal.com - February 11 at 3:37 AM
News IconAnalyst's Predictions on Spirit Realty Capital, Inc. (SRC), Medidata ... - StockNewsJournal (NYSE:SRC)
stocknewsjournal.com - February 11 at 3:37 AM
News IconSpirit Realty Capital, Inc. (SRC): Analyst Rating Changes and PT Levels (NYSE:SRC)
xboxonezone.com - February 10 at 4:55 AM
News IconStock Price of Spirit Realty Capital, Inc. (SRC) Increases 0.19% - Highland Mirror (NYSE:SRC)
www.highlandmirror.com - February 6 at 8:15 AM
News IconAverage Brokerage Rating Of Brookdale Senior Living Inc. (BKD), Spirit Realty Capital, Inc. (SRC) - The USA Commerce (NYSE:SRC)
www.theusacommerce.com - February 6 at 12:47 AM

Social

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, December 16th. Investors of record on Friday, December 30th will be given a dividend of $0.18 per share on Friday, January 13th. This represents a $0.72 annualized dividend and a yield of 6.50%. The ex-dividend date is Wednesday, December 28th. This is a boost from Spirit Realty Capital's previous quarterly dividend of $0.18.

Where is Spirit Realty Capital's stock going? Where will Spirit Realty Capital's stock price be in 2017?

12 brokerages have issued 12 month price objectives for Spirit Realty Capital's stock. Their predictions range from $10.50 to $15.00. On average, they anticipate Spirit Realty Capital's share price to reach $13.44 in the next twelve months.

When will Spirit Realty Capital announce their earnings?

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

Who owns Spirit Realty Capital stock?

Spirit Realty Capital's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (4.46%), State Street Corp (1.90%), Dimensional Fund Advisors LP (1.33%), V3 Capital Management L.P. (0.75%), Renaissance Technologies LLC (0.66%) and Two Sigma Investments LP (0.48%). Company insiders that own Spirit Realty Capital stock include Gregg A Seibert, Jackson Hsieh, Michael Bender, Phillip D Joseph Jr, Thomas H Nolan Jr and Thomas H Nolan Jr.

Who sold Spirit Realty Capital stock? Who is selling Spirit Realty Capital stock?

Spirit Realty Capital's stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Eii Capital Management Inc., Highland Capital Management LP, NN Investment Partners Holdings N.V., Raymond James Financial Services Advisors Inc., Sii Investments Inc. WI, Private Advisor Group LLC and Cipher Capital LP. Company insiders that have sold Spirit Realty Capital stock in the last year include Thomas H Nolan Jr and Thomas H Nolan Jr.

Who bought Spirit Realty Capital stock? Who is buying Spirit Realty Capital stock?

Spirit Realty Capital's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, V3 Capital Management L.P., Two Sigma Investments LP, Alyeska Investment Group L.P., Putnam Investments LLC, Waterfront Capital Partners LLC, Martingale Asset Management L P and Renaissance Technologies LLC. Company insiders that have bought Spirit Realty Capital stock in the last two years include Gregg A Seibert, Jackson Hsieh and Phillip D Joseph Jr.

How do I buy Spirit Realty Capital stock?

Shares of Spirit Realty Capital can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Spirit Realty Capital stock cost?

One share of Spirit Realty Capital stock can currently be purchased for approximately $11.07.

Spirit Realty Capital (NYSE:SRC) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Spirit Realty Capital (NYSE:SRC)

Earnings History Chart

Earnings by Quarter for Spirit Realty Capital (NYSE:SRC)

Dividend History Chart

Dividend Payments by Quarter for Spirit Realty Capital (NYSE:SRC)

Last Updated on 2/27/2017 by MarketBeat.com Staff