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S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Safest Option in Trades! (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Safest Option in Trades! (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Safest Option in Trades! (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
NYSE:SRC

Spirit Realty Capital - SRC Stock Forecast, Price & News

$41.25
+0.35 (+0.86%)
(As of 12/2/2022 12:00 AM ET)
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Compare
Today's Range
$40.61
$41.53
50-Day Range
$34.72
$42.08
52-Week Range
$34.31
$49.94
Volume
602,878 shs
Average Volume
614,867 shs
Market Capitalization
$5.76 billion
P/E Ratio
21.71
Dividend Yield
6.43%
Price Target
$46.27

Spirit Realty Capital MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
12.2% Upside
$46.27 Price Target
Short Interest
Healthy
1.63% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.17
Upright™ Environmental Score
News Sentiment
0.43mentions of Spirit Realty Capital in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$251,460 Bought Last Quarter
Proj. Earnings Growth
2.33%
From $3.44 to $3.52 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.30 out of 5 stars

Finance Sector

475th out of 891 stocks

Nonresidential Building Operators Industry

3rd out of 4 stocks

SRC stock logo

About Spirit Realty Capital (NYSE:SRC) Stock

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.

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SRC Stock News Headlines

Spirit Realty: Up, Up, And Away
Earnings Preview For Spirit Realty Capital
Spirit Realty: At These Yields Don't Look Away
Spirit Realty Capital Inc Pref (SRC_pa)
Spirit Realty: A Super 7% Yield To Turn Up The Cash Flow
SRC.PA Spirit Realty Capital, Inc. 6% PFD SER A
SRC Spirit Realty Capital, Inc.
What 7 Analyst Ratings Have To Say About Spirit Realty Cap
See More Headlines
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SRC Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 10/14 Dividend
9/29/2022
Dividend Payable
10/14/2022
Today
12/04/2022
Ex-Dividend for 1/13 Dividend
12/29/2022
Fiscal Year End
12/31/2022
Dividend Payable
1/13/2023
Next Earnings (Estimated)
2/13/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$46.27
High Stock Price Forecast
$57.00
Low Stock Price Forecast
$37.00
Forecasted Upside/Downside
+12.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

Net Income
$171.70 million
Pretax Margin
38.19%

Debt

Sales & Book Value

Annual Sales
$608.39 million
Cash Flow
$3.50 per share
Book Value
$31.18 per share

Miscellaneous

Free Float
138,850,000
Market Cap
$5.76 billion
Optionable
Optionable
Beta
1.24

Key Executives

  • Mr. Jackson Hsieh (Age 61)
    Pres, CEO & Director
    Comp: $4.06M
  • Mr. Michael C. Hughes (Age 47)
    Exec. VP & CFO
    Comp: $1.45M
  • Mr. Kenneth Heimlich (Age 56)
    Exec. VP & Chief Investment Officer
    Comp: $1.22M
  • Mr. Jay A. YoungMr. Jay A. Young (Age 52)
    Exec. VP, Chief Admin. Officer & Chief Legal Officer
    Comp: $1.14M
  • Mr. Prakash J. Parag (Age 47)
    Sr. VP & Chief Accounting Officer
  • Mr. Pierre Revol
    Sr. VP of Corp. Fin. & Investor Relations
  • Ms. Rochelle Thomas (Age 38)
    Exec. VP, Gen. Counsel & Sec.
  • Ms. Erin Gilles
    Director of Marketing & Communications
  • Mr. Daniel Rosenberg (Age 44)
    Sr. VP & Deputy Head of Asset Management
  • Mr. Travis Carter
    Sr. VP of Credit & Underwriting













SRC Stock - Frequently Asked Questions

Should I buy or sell Spirit Realty Capital stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SRC shares.
View SRC analyst ratings
or view top-rated stocks.

What is Spirit Realty Capital's stock price forecast for 2023?

10 brokerages have issued twelve-month target prices for Spirit Realty Capital's shares. Their SRC share price forecasts range from $37.00 to $57.00. On average, they expect the company's share price to reach $46.27 in the next year. This suggests a possible upside of 12.2% 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 2022?

Spirit Realty Capital's stock was trading at $48.19 on January 1st, 2022. Since then, SRC shares have decreased by 14.4% and is now trading at $41.25.
View the best growth stocks for 2022 here
.

Are investors shorting Spirit Realty Capital?

Spirit Realty Capital saw a increase in short interest in November. As of November 15th, there was short interest totaling 2,270,000 shares, an increase of 22.0% from the October 31st total of 1,860,000 shares. Based on an average daily volume of 812,500 shares, the days-to-cover ratio is presently 2.8 days.
View Spirit Realty Capital's Short Interest
.

When is Spirit Realty Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 13th 2023.
View our SRC earnings forecast
.

How were Spirit Realty Capital's earnings last quarter?

Spirit Realty Capital, Inc. (NYSE:SRC) issued its quarterly earnings data on Tuesday, November, 2nd. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.80 by $0.48. The real estate investment trust earned $151.38 million during the quarter, compared to the consensus estimate of $151.95 million. Spirit Realty Capital had a net margin of 37.70% and a trailing twelve-month return on equity of 6.16%. During the same period last year, the company earned $0.72 EPS.

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, November 4th. Shareholders of record on Friday, December 30th will be given a dividend of $0.663 per share on Friday, January 13th. This represents a $2.65 dividend on an annualized basis and a yield of 6.43%. The ex-dividend date of this dividend is Thursday, December 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 6.43%. 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 139.47%. 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 75.28% 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?

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 market closes 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 updated its FY 2022 earnings guidance on Tuesday, November, 8th. The company provided EPS guidance of $3.55-$3.57 for the period. The company issued revenue guidance of -.

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 shareholders include Vanguard Group Inc. (14.29%), BlackRock Inc. (12.69%), Cohen & Steers Inc. (10.09%), State Street Corp (5.27%), Macquarie Group Ltd. (2.52%) and Daiwa Securities Group Inc. (2.21%). Insiders that own company stock include Jackson Hsieh, 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 $41.25.

How much money does Spirit Realty Capital make?

Spirit Realty Capital (NYSE:SRC) has a market capitalization of $5.76 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 $1.90 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 (866) 557-7474, via email at investorrelations@spiritrealty.com, or via fax at 800-973-0850.

This page (NYSE:SRC) was last updated on 12/4/2022 by MarketBeat.com Staff