S&P 500   4,205.45
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QQQ   348.40
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
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PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
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Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
Lithium Has Boomed And This American Stock Is Ready.. (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
Lithium Has Boomed And This American Stock Is Ready.. (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
Lithium Has Boomed And This American Stock Is Ready.. (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
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)
Compare
Today's Range
$37.64
$38.64
50-Day Range
$36.91
$39.84
52-Week Range
$34.31
$44.93
Volume
509,400 shs
Average Volume
790,698 shs
Market Capitalization
$5.45 billion
P/E Ratio
16.91
Dividend Yield
6.87%
Price Target
$43.15

Spirit Realty Capital MarketRank™ Forecast

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
11.9% Upside
$43.15 Price Target
Short Interest
Healthy
1.91% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.33
Upright™ Environmental Score
News Sentiment
1.36mentions of Spirit Realty Capital in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.62%
From $3.44 to $3.53 Per Share

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 stars

Finance Sector

611th out of 911 stocks

Nonresidential Building Operators Industry

3rd out of 4 stocks


SRC stock logo

About Spirit Realty Capital (NYSE:SRC) Stock

Spirit 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.

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SRC Stock News Headlines

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.
8-K: SPIRIT REALTY CAPITAL, INC.
JMP Securities Remains a Buy on Spirit Realty Capital (SRC)
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.
Spirit Realty (SRC) Q1 FFO Meet Estimates
RBC Capital Remains a Hold on Spirit Realty Capital (SRC)
Spirit's 7% Yield Not So Spooky
See More Headlines
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SRC Company Calendar

Last Earnings
2/28/2023
Ex-Dividend for 4/14 Dividend
3/30/2023
Dividend Payable
4/14/2023
Today
5/28/2023
Ex-Dividend for 7/14 Dividend
6/29/2023
Dividend Payable
7/14/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Nonresidential building operators
Sub-Industry
Diversified REITs
Sector
Finance
CUSIP
84860F10
Employees
84
Year Founded
2003

Price 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 Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
9 Analysts

Profitability

Net Income
$285.52 million
Pretax Margin
44.77%

Debt

Sales & Book Value

Annual Sales
$709.63 million
Cash Flow
$4.21 per share
Book Value
$31.05 per share

Miscellaneous

Free Float
140,477,000
Market Cap
$5.45 billion
Optionable
Optionable
Beta
1.27

Social Links


Key Executives

  • Jackson Hsieh
    President, Chief Executive Officer & Director
  • Michael C. Hughes
    Chief Financial Officer & Executive Vice President
  • Rochelle Thomas
    Secretary, Executive VP & General Counsel
  • Jay A. YoungJay A. Young
    Chief Administrative & Legal Officer, Executive VP
  • Kenneth Heimlich
    Chief Investment Officer & Executive VP













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
.

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

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