Spirit Realty Capital Stock Price, Forecast & Analysis (NYSE:SRC)

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

Spirit Realty Capital declared a -- dividend on Wednesday, August 28th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.625 per share on Tuesday, October 15th. This represents a yield of 5.3%. The ex-dividend date of this dividend is Friday, September 27th. View Spirit Realty Capital's Dividend History.

Shares of Spirit Realty Capital 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 Spirit Realty Capital stock prior to the reverse split would have 20 shares after the split.

Spirit Realty Capital Inc (NYSE:SRC) announced its quarterly earnings results on Tuesday, November, 5th. The real estate investment trust reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.65. The real estate investment trust had revenue of $167 million for the quarter, compared to analyst estimates of $113.15 million. Spirit Realty Capital had a net margin of 42.82% and a return on equity of 8.03%. The firm's revenue for the quarter was up 52.4% on a year-over-year basis. During the same quarter last year, the company earned $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 earnings per share guidance of $3.31-3.34 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.15.

7 Wall Street analysts have issued 12-month price targets for Spirit Realty Capital's stock. Their forecasts range from $42.00 to $65.00. On average, they anticipate Spirit Realty Capital's stock price to reach $52.30 in the next twelve months. This suggests a possible upside of 2.5% 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 1 sell rating, 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spirit Realty Capital.

Media stories about SRC stock have been trending very negative on Monday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Spirit Realty Capital earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Spirit Realty Capital.

Spirit Realty Capital saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 1,940,000 shares, a decrease of 9.8% from the September 30th total of 2,150,000 shares. Based on an average daily volume of 817,500 shares, the short-interest ratio is presently 2.4 days. Currently, 2.2% of the shares of the stock are sold short. 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), ARBOR RLTY TR I/SH (ABR), Medical Properties Trust (MPW), AT&T (T), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), Kinder Morgan (KMI), Omega Healthcare Investors (OHI), Vereit (VER) and WP Carey (WPC).

Spirit Realty Capital's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (2.44%), Duff & Phelps Investment Management Co. (1.36%), Robeco Institutional Asset Management B.V. (1.19%), Great Lakes Advisors LLC (0.43%), Retirement Systems of Alabama (0.30%) and Rhumbline Advisers (0.26%). 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., Duff & Phelps Investment Management Co., Chicago Equity Partners LLC, Resource America Inc., SG Americas Securities LLC, State of Alaska Department of Revenue and ARP Americas LP. View Insider Buying and Selling for Spirit Realty Capital.

SRC stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Great Lakes Advisors LLC, Retirement Systems of Alabama, Rhumbline Advisers, Timbercreek Investment Management Inc., First Trust Advisors LP, Clear Street Markets LLC and Texas Permanent School Fund. 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 $51.04.

Spirit Realty Capital has a market capitalization of $5.09 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]