S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:SRC

Spirit Realty Capital (SRC) Stock Forecast, Price & News

$40.63
-0.04 (-0.10%)
(As of 05/20/2022 12:00 AM ET)
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Today's Range
$39.97
$41.52
50-Day Range
$39.07
$47.83
52-Week Range
$38.74
$52.29
Volume
818,616 shs
Average Volume
878,905 shs
Market Capitalization
$5.46 billion
P/E Ratio
22.32
Dividend Yield
6.27%
Beta
1.22
30 days | 90 days | 365 days | Advanced Chart
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Spirit Realty Capital logo

About Spirit Realty Capital

Spirit Realty Capital, Inc. (NYSE: SRC) is a premier net-lease REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases. As of September 30, 2020, our diverse portfolio of 1,778 owned properties, with an aggregate leasable area of 37.2 million square feet in 48 states, included retail, industrial and office buildings leased to 296 tenants across 28 retail industries.

Headlines

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Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$608.39 million
Cash Flow
$3.50 per share
Book Value
$30.52 per share

Profitability

Net Income
$171.70 million
Pretax Margin
35.83%

Debt

Price-To-Earnings

Miscellaneous

Free Float
133,529,000
Market Cap
$5.46 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/14 Dividend
3/30/2022
Dividend Payable
4/14/2022
Last Earnings
5/03/2022
Today
5/22/2022
Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.61 out of 5 stars

Finance Sector

365th out of 1,351 stocks

Nonresidential Building Operators Industry

2nd out of 5 stocks

Analyst Opinion: 3.3Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -













Spirit Realty Capital (NYSE:SRC) Frequently Asked Questions

Is Spirit Realty Capital a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Spirit Realty Capital stock.
View analyst ratings for Spirit Realty Capital
or view top-rated stocks.

When is Spirit Realty Capital's next earnings date?

Spirit Realty Capital is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Spirit Realty Capital
.

How were Spirit Realty Capital's earnings last quarter?

Spirit Realty Capital, Inc. (NYSE:SRC) posted its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by $0.42. Spirit Realty Capital had a trailing twelve-month return on equity of 5.90% and a net margin of 35.32%. During the same period in the previous year, the company earned $0.76 EPS.
View Spirit Realty Capital's earnings history
.

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 18th. Stockholders of record on Thursday, June 30th will be paid a dividend of $0.638 per share on Friday, July 15th. This represents a $2.55 dividend on an annualized basis and a dividend yield of 6.28%. The ex-dividend date is Wednesday, June 29th.
View Spirit Realty Capital's dividend history
.

Is Spirit Realty Capital a good dividend stock?

Spirit Realty Capital pays an annual dividend of $2.55 per share and currently has a dividend yield of 6.27%. SRC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Spirit Realty Capital does not yet have a strong track record of dividend growth. The dividend payout ratio of Spirit Realty Capital is 140.11%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Spirit Realty Capital will have a dividend payout ratio of 71.63% next year. This indicates that Spirit Realty Capital will be able to sustain or increase its dividend.
View Spirit Realty Capital's dividend history.

When did Spirit Realty Capital's stock split? How did Spirit Realty Capital's stock split work?

Spirit Realty Capital's stock reverse split on the morning of 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 market closes on Wednesday, December 12th 2018. An investor that had 100 shares of Spirit Realty Capital 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 FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $3.52-$3.58 for the period. The company issued revenue guidance of -.

What price target have analysts set for SRC?

10 brokers have issued 12 month price objectives for Spirit Realty Capital's stock. Their forecasts range from $49.00 to $57.00. On average, they expect Spirit Realty Capital's share price to reach $53.00 in the next year. This suggests a possible upside of 30.4% from the stock's current price.
View analysts' price targets for Spirit Realty Capital
or view top-rated stocks among Wall Street analysts.

Who are Spirit Realty Capital's key executives?
Spirit Realty Capital's management team includes the following people:
  • Mr. Jackson Hsieh, Pres, CEO & Director (Age 61, Pay $2.7M)
  • Mr. Michael C. Hughes, Exec. VP & CFO (Age 47, Pay $1.09M)
  • Mr. Kenneth Heimlich, Exec. VP & Chief Investment Officer (Age 56, Pay $923.86k)
  • Mr. Jay A. Young, Exec. VP, Chief Admin. Officer & Chief Legal Officer (Age 52, Pay $864.53k)
  • Mr. Prakash J. Parag, Sr. VP & Chief Accounting Officer (Age 47)
  • Mr. Pierre Revol, Sr. VP of Corp. Fin. & Investor Relations
  • Ms. Rochelle Thomas, Exec. VP, Gen. Counsel & Sec. (Age 38)
  • Ms. Erin Gilles, Director of Marketing & Communications
  • Mr. Daniel Rosenberg, Sr. VP & Deputy Head of Asset Management (Age 44)
  • Mr. Travis Carter, Sr. VP of Credit & Underwriting
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 number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.05%), BlackRock Inc. (12.70%), Cohen & Steers Inc. (10.82%), State Street Corp (5.24%), Daiwa Securities Group Inc. (2.37%) and Massachusetts Financial Services Co. MA (1.63%). Company insiders that own Spirit Realty Capital stock include Jay Young and Michelle M Frymire.
View institutional ownership trends for Spirit Realty Capital
.

Which institutional investors are selling Spirit Realty Capital stock?

SRC stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Aew Capital Management L P, Retirement Systems of Alabama, Hsbc Holdings PLC, NN Investment Partners Holdings N.V., RVB Capital Management LLC, Westpac Banking Corp, and DekaBank Deutsche Girozentrale.
View insider buying and selling activity for Spirit Realty Capital
or view top insider-selling stocks.

Which institutional investors are buying Spirit Realty Capital stock?

SRC stock was bought by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., State Street Corp, Wellington Management Group LLP, Vanguard Group Inc., Invesco Ltd., American Century Companies Inc., Centersquare Investment Management LLC, and Qube Research & Technologies Ltd.
View insider buying and selling activity for Spirit Realty Capital
or or view top insider-buying stocks.

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 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 $40.63.

How much money does Spirit Realty Capital make?

Spirit Realty Capital has a market capitalization of $5.46 billion and generates $608.39 million in revenue each year. The real estate investment trust earns $171.70 million in net income (profit) each year or $1.819990 on an earnings per share basis.

How many employees does Spirit Realty Capital have?

Spirit Realty Capital employs 84 workers across the globe.

What is Spirit Realty Capital's official website?

The official website for Spirit Realty Capital is www.spiritrealty.com.

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 (866) 557-7474, via email at [email protected], or via fax at 800-973-0850.

This page was last updated on 5/22/2022 by MarketBeat.com Staff

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