Spirit Realty Capital Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last twelve months. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Spirit Realty Capital stock.
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Spirit Realty Capital saw a decline in short interest during the month of January. As of January 29th, there was short interest totaling 3,530,000 shares, a decline of 49.2% from the January 14th total of 6,950,000 shares. Based on an average trading volume of 941,000 shares, the short-interest ratio is currently 3.8 days.
View Spirit Realty Capital's Short Interest.

Spirit Realty Capital is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Spirit Realty Capital.

Spirit Realty Capital, Inc. (NYSE:SRC) announced its earnings results on Thursday, February, 18th. The real estate investment trust reported $0.24 EPS for the quarter, topping the consensus estimate of $0.18 by $0.06. The real estate investment trust earned $128.60 million during the quarter, compared to analysts' expectations of $118.87 million. Spirit Realty Capital had a trailing twelve-month return on equity of 0.07% and a net margin of 0.46%. Spirit Realty Capital's revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.76 EPS.
View Spirit Realty Capital's earnings history.

Spirit Realty Capital's stock was trading at $40.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SRC shares have increased by 6.2% and is now trading at $43.02.
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Spirit Realty Capital declared a quarterly dividend on Wednesday, December 2nd. Investors of record on Thursday, December 31st will be paid a dividend of $0.625 per share on Friday, January 15th. This represents a $2.50 annualized dividend and a dividend yield of 5.81%. The ex-dividend date is Wednesday, December 30th.
View Spirit Realty Capital's dividend history.

Spirit Realty Capital pays an annual dividend of $2.50 per share and currently has a dividend yield of 5.80%. 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 strock track record of dividend growth. The dividend payout ratio of Spirit Realty Capital is 74.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Spirit Realty Capital will have a dividend payout ratio of 88.34% in the coming year. This indicates that Spirit Realty Capital may not be able to sustain their current dividend.
View Spirit Realty Capital's dividend history.

Spirit Realty Capital shares 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.

Spirit Realty Capital issued an update on its FY21 earnings guidance on Friday, February, 19th. The company provided earnings per share guidance of $3.00-3.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.80.

11 brokers have issued 12 month price objectives for Spirit Realty Capital's shares. Their forecasts range from $27.00 to $47.00. On average, they anticipate Spirit Realty Capital's stock price to reach $40.50 in the next twelve months. This suggests that the stock has a possible downside of 5.9%.
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Some companies that are related to Spirit Realty Capital include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), PS Business Parks (PSB), Lexington Realty Trust (LXP), Washington Real Estate Investment Trust (WRE), American Assets Trust (AAT), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO).
View all of SRC's competitors.

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).

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

Spirit Realty Capital's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.66%), Daiwa Securities Group Inc. (3.08%), Long Pond Capital LP (1.88%), Duff & Phelps Investment Management Co. (1.66%), Dimensional Fund Advisors LP (1.56%) and Charles Schwab Investment Management Inc. (1.35%). Company insiders that own Spirit Realty Capital stock include Jackson Hsieh and Jay Young.
View institutional ownership trends for Spirit Realty Capital.

SRC stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Northern Trust Corp, HGI Capital Management LLC, Janus Henderson Group PLC, Barclays PLC, Boston Partners, Boston Partners, and Sumitomo Mitsui Trust Holdings Inc..
View insider buying and selling activity for Spirit Realty Capital or view top insider-selling stocks.

SRC stock was bought by a variety of institutional investors in the last quarter, including Long Pond Capital LP, BlackRock Inc., V3 Capital Management L.P., Koshinski Asset Management Inc., Koshinski Asset Management Inc., JPMorgan Chase & Co., Duff & Phelps Investment Management Co., and Nuveen Asset Management LLC. Company insiders that have bought Spirit Realty Capital stock in the last two years include Jackson Hsieh, and Jay Young.
View insider buying and selling activity for Spirit Realty Capital or or view top insider-buying stocks.

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.
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One share of SRC stock can currently be purchased for approximately $43.02.

Spirit Realty Capital has a market capitalization of $4.94 billion and generates $516.43 million in revenue each year. The real estate investment trust earns $175.27 million in net income (profit) each year or $3.34 on an earnings per share basis.

Spirit Realty Capital employs 85 workers across the globe.

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

Spirit Realty Capital is headquartered at 2727 NORTH HARWOOD STREET SUITE 300, DALLAS TX, 75201.

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]