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 yield of 4.94%. The ex-dividend date of this dividend is Monday, December 30th. View Spirit Realty Capital's Dividend History.

Spirit Realty Capital's stock 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 Inc (NYSE:SRC) posted its earnings results on Tuesday, February, 25th. The real estate investment trust reported $0.02 EPS for the quarter, missing the consensus estimate of $0.71 by $0.69. The real estate investment trust earned $118.61 million during the quarter, compared to the consensus estimate of $114.90 million. Spirit Realty Capital had a return on equity of 8.03% and a net margin of 42.82%. During the same quarter in the previous year, the firm earned $0.84 earnings per share. View Spirit Realty Capital's Earnings History.

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Spirit Realty Capital.

Spirit Realty Capital issued an update on its FY20 earnings guidance on Tuesday, February, 25th. The company provided earnings per share (EPS) guidance of $3.14-3.18 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.02.

7 equities research analysts have issued 1 year price objectives for Spirit Realty Capital's shares. Their forecasts range from $52.00 to $56.00. On average, they expect Spirit Realty Capital's stock price to reach $55.17 in the next year. This suggests a possible upside of 9.1% 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 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spirit Realty Capital.

Headlines about SRC stock have trended somewhat positive on Wednesday, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing 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 2.0 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Spirit Realty Capital.

Spirit Realty Capital saw a decrease in short interest in January. As of January 31st, there was short interest totalling 2,350,000 shares, a decrease of 25.4% from the January 15th total of 3,150,000 shares. Based on an average trading volume of 1,030,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 2.6% 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), Lexington Realty Trust (LXP), American Assets Trust (AAT), 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), Enterprise Products Partners (EPD), New Residential Investment (NRZ), Medical Properties Trust (MPW), Energy Transfer LP Unit (ET), Advanced Micro Devices (AMD), ARBOR RLTY TR I/SH (ABR), ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC) and Ares Capital (ARCC).

Spirit Realty Capital's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Cohen & Steers Inc. (9.31%), FMR LLC (5.72%), State Street Corp (3.28%), Massachusetts Financial Services Co. MA (2.20%), Geode Capital Management LLC (1.43%) and Duff & Phelps Investment Management Co. (1.26%). 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 Sei Investments Co., FMR LLC, Cohen & Steers Inc., Great Lakes Advisors LLC, State Street Corp, Renaissance Technologies LLC, Robeco Institutional Asset Management B.V. and Amundi Pioneer Asset Management Inc.. View Insider Buying and Selling for Spirit Realty Capital.

SRC stock was purchased by a variety of institutional investors in the last quarter, including Martingale Asset Management L P, Geode Capital Management LLC, Jacobs Levy Equity Management Inc., LDR Capital Management LLC, Monarch Partners Asset Management LLC, First Trust Advisors LP, Marshall Wace LLP and UBS Group AG. 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 $50.58.

Spirit Realty Capital has a market capitalization of $5.04 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]