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 declared a quarterly dividend on Wednesday, December 4th. Investors of record on Tuesday, December 31st will be given a dividend of $0.625 per share on Wednesday, January 15th. This represents a $2.50 annualized dividend and a yield of 4.86%. The ex-dividend date of this dividend is Monday, December 30th. View Spirit Realty Capital's Dividend History.

Spirit Realty Capital shares reverse split 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, beating analysts' consensus estimates of $0.34 by $0.65. The real estate investment trust earned $167 million during the quarter, compared to the consensus estimate of $113.15 million. Spirit Realty Capital had a net margin of 42.82% and a return on equity of 8.03%. The company's revenue was up 52.4% on a year-over-year basis. During the same period in the previous 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 updated 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.

8 Wall Street analysts have issued twelve-month target prices for Spirit Realty Capital's stock. Their forecasts range from $42.00 to $56.00. On average, they anticipate Spirit Realty Capital's share price to reach $53.29 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for Spirit Realty Capital.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spirit Realty Capital.

News stories about SRC stock have been trending positive on Monday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Spirit Realty Capital earned a daily sentiment score of 3.0 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Spirit Realty Capital.

Spirit Realty Capital saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 3,150,000 shares, a decrease of 5.4% from the December 15th total of 3,330,000 shares. Based on an average daily volume of 981,900 shares, the days-to-cover ratio is currently 3.2 days. Currently, 3.5% 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), One Liberty Properties (OLP), Whitestone REIT (WSR), 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 AT&T (T), New Residential Investment (NRZ), Enterprise Products Partners (EPD), Medical Properties Trust (MPW), ARBOR RLTY TR I/SH (ABR), Energy Transfer LP Unit (ET), ANNALY CAP MGMT/SH (NLY), Advanced Micro Devices (AMD), Ares Capital (ARCC) and Centurylink (CTL).

Spirit Realty Capital's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Pensionfund DSM Netherlands (0.05%), State of Alaska Department of Revenue (0.04%), Nisa Investment Advisors LLC (0.03%), Louisiana State Employees Retirement System (0.02%), Pensionfund Sabic (0.02%) and 6 Meridian (0.01%). 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 Nisa Investment Advisors LLC and Bridgeworth LLC. View Insider Buying and Selling for Spirit Realty Capital.

SRC stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Alpine Global Management LLC, Pensionfund DSM Netherlands, Pensionfund Sabic, Louisiana State Employees Retirement System, IFP Advisors Inc, Reilly Financial Advisors LLC and 6 Meridian. 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 $51.42.

Spirit Realty Capital has a market capitalization of $5.13 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]