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

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

Spirit Realty Capital announced a quarterly dividend on Wednesday, December 4th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.625 per share on Wednesday, January 15th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 4.72%. The ex-dividend date is Monday, December 30th. View Spirit Realty Capital's Dividend History.

Shares of Spirit Realty Capital 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 closing bell 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.

Spirit Realty Capital Inc (NYSE:SRC) issued its earnings results on Tuesday, November, 5th. The real estate investment trust reported $0.99 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.34 by $0.65. The real estate investment trust had revenue of $167 million for the quarter, compared to analysts' expectations of $113.15 million. Spirit Realty Capital had a return on equity of 8.03% and a net margin of 42.82%. The company's revenue for the quarter was up 52.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.16 EPS. View Spirit Realty Capital's Earnings History.

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Spirit Realty Capital.

Spirit Realty Capital issued an update on its FY19 earnings guidance on Tuesday, November, 5th. The company provided EPS guidance of $3.31-3.34 for the period, compared to the Thomson Reuters consensus estimate of $3.15.

7 equities research analysts have issued 1-year price targets for Spirit Realty Capital's shares. Their forecasts range from $42.00 to $56.00. On average, they expect Spirit Realty Capital's share price to reach $53.29 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for Spirit Realty Capital.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spirit Realty Capital.

News articles about SRC stock have trended somewhat positive this week, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Spirit Realty Capital earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Spirit Realty Capital.

Spirit Realty Capital saw a decline in short interest in November. As of November 15th, there was short interest totalling 1,940,000 shares, a decline of 9.8% from the October 31st total of 2,150,000 shares. Based on an average daily volume of 817,500 shares, the short-interest ratio is currently 2.4 days. Currently, 2.2% of the company's stock are short sold. View Spirit Realty Capital's Current Options Chain.

Some companies that are related to Spirit Realty Capital include Duke Realty (DRE), Vornado Realty Trust (VNO), Liberty Property Trust (LPT), Cousins Properties (CUZ), PS Business Parks (PSB), American Assets Trust (AAT), Lexington Realty Trust (LXP), Washington Real Estate Investment Trust (WRE), Investors Real Estate Trust Reit (IRET), Gladstone Commercial (GOOD), Whitestone REIT (WSR), One Liberty Properties (OLP), Gyrodyne (GYRO) and RAIT Financial Trust (RAS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Spirit Realty Capital investors own include New Residential Investment (NRZ), AT&T (T), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), ARBOR RLTY TR I/SH (ABR), Medical Properties Trust (MPW), Alibaba Group (BABA), Kinder Morgan (KMI), Omega Healthcare Investors (OHI) and Store Capital (STOR).

Spirit Realty Capital's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.37%), V3 Capital Management L.P. (2.30%), Massachusetts Financial Services Co. MA (2.44%), Duff & Phelps Investment Management Co. (1.36%), Robeco Institutional Asset Management B.V. (1.19%) and Great Lakes Advisors LLC (0.43%). Company insiders that own Spirit Realty Capital stock include Jackson Hsieh, Jay Young, Kenneth Heimlich, Michael C Hughes, Richard I Gilchrist and Thomas D Senkbeil. View Institutional Ownership Trends for Spirit Realty Capital.

SRC stock was sold by a variety of institutional investors in the last quarter, including Beacon Financial Group, Robeco Institutional Asset Management B.V., Squarepoint Ops LLC, V3 Capital Management L.P., Duff & Phelps Investment Management Co., Chicago Equity Partners LLC, Resource America Inc. and SG Americas Securities LLC. View Insider Buying and Selling for Spirit Realty Capital.

SRC stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Massachusetts Financial Services Co. MA, Great Lakes Advisors LLC, Retirement Systems of Alabama, Rhumbline Advisers, Timbercreek Investment Management Inc., Millennium Management LLC and First Trust Advisors LP. Company insiders that have bought Spirit Realty Capital stock in the last two years include Kenneth Heimlich, Michael C Hughes, Richard I Gilchrist and Thomas D Senkbeil. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of SRC stock can currently be purchased for approximately $53.01.

Spirit Realty Capital has a market capitalization of $5.29 billion and generates $445.13 million in revenue each year. The real estate investment trust earns $132.05 million in net income (profit) each year or $3.78 on an earnings per share basis. Spirit Realty Capital employs 89 workers across the globe.View Additional Information About Spirit Realty Capital.

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

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]