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Economic and National Security Threats Create Lithium Bonanza (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Economic and National Security Threats Create Lithium Bonanza (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Economic and National Security Threats Create Lithium Bonanza (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Economic and National Security Threats Create Lithium Bonanza (Ad)
NYSE:SRC

Spirit Realty Capital - SRC Stock Forecast, Price & News

$43.18
+0.46 (+1.08%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$42.59
$43.20
50-Day Range
$36.23
$44.34
52-Week Range
$35.79
$52.29
Volume
544,740 shs
Average Volume
888,111 shs
Market Capitalization
$5.89 billion
P/E Ratio
25.70
Dividend Yield
5.97%
Price Target
$48.90

Spirit Realty Capital MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
13.2% Upside
$48.90 Price Target
Short Interest
Healthy
3.58% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.17
Upright™ Environmental Score
News Sentiment
-0.48mentions of Spirit Realty Capital in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.62%
From $3.43 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.

2.50 out of 5 stars

Finance Sector

371st out of 885 stocks

Nonresidential Building Operators Industry

3rd out of 3 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.

Spirit Realty Capital Stock Up 1.1 %

SRC Stock traded up $0.46 during trading on Tuesday, reaching $43.18. The stock had a trading volume of 544,740 shares, compared to its average volume of 888,111. Spirit Realty Capital has a 1-year low of $35.79 and a 1-year high of $52.29. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $5.89 billion, a P/E ratio of 25.70, a PEG ratio of 4.79 and a beta of 1.25. The firm has a fifty day moving average price of $40.45 and a 200 day moving average price of $43.42.

Spirit Realty Capital (NYSE:SRC - Get Rating) last issued its quarterly earnings data on Wednesday, August 3rd. The real estate investment trust reported $0.60 EPS for the quarter, missing analysts' consensus estimates of $0.85 by ($0.25). Spirit Realty Capital had a return on equity of 5.52% and a net margin of 33.97%. The firm had revenue of $173.56 million during the quarter, compared to analyst estimates of $172.40 million. On average, equities analysts anticipate that Spirit Realty Capital will post 3.43 earnings per share for the current year.

Spirit Realty Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Thursday, June 30th were given a $0.638 dividend. This represents a $2.55 annualized dividend and a dividend yield of 5.91%. The ex-dividend date was Wednesday, June 29th. Spirit Realty Capital's payout ratio is currently 151.79%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SRC. UBS Group decreased their price target on shares of Spirit Realty Capital from $50.00 to $45.00 and set a "neutral" rating on the stock in a report on Monday, July 25th. Morgan Stanley decreased their price target on shares of Spirit Realty Capital from $50.00 to $40.00 and set an "equal weight" rating on the stock in a report on Tuesday, July 12th. Jefferies Financial Group reduced their target price on shares of Spirit Realty Capital from $44.00 to $40.00 and set a "hold" rating on the stock in a report on Thursday, June 30th. JMP Securities initiated coverage on shares of Spirit Realty Capital in a report on Tuesday, May 10th. They set an "outperform" rating and a $54.00 target price on the stock. Finally, Truist Financial reduced their target price on shares of Spirit Realty Capital from $56.00 to $52.00 and set a "buy" rating on the stock in a report on Wednesday, June 1st. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $48.90.

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SRC Stock News Headlines

What 7 Analyst Ratings Have To Say About Spirit Realty Cap
6 High-Yield Stocks With Good Upside Potential
Spirit Realty Offers Lucrative Value and Dividends
Spirit Realty Capital declares $0.638 dividend
Spirit Realty Capital is Oversold
Spirit Realty Capital Q1 2022 Earnings Preview
SRC Breaks Above 6% Yield Territory
Spirit Realty: My Oh My, Another Strong Buy
See More Headlines
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SRC Company Calendar

Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Last Earnings
8/03/2022
Today
8/10/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

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
$48.90
High Stock Price Forecast
$57.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+13.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

Net Income
$171.70 million
Pretax Margin
34.48%

Debt

Sales & Book Value

Annual Sales
$608.39 million
Cash Flow
$3.55 per share
Book Value
$31.09 per share

Miscellaneous

Free Float
135,551,000
Market Cap
$5.89 billion
Optionable
Optionable
Beta
1.25

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. 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 2022?

10 Wall Street analysts have issued 12-month price objectives for Spirit Realty Capital's shares. Their SRC share price forecasts range from $40.00 to $57.00. On average, they predict the company's stock price to reach $48.90 in the next twelve months. This suggests a possible upside of 13.2% from the stock's current price.
View analysts price targets for SRC
or view top-rated stocks among Wall Street analysts.

How has Spirit Realty Capital's stock price performed in 2022?

Spirit Realty Capital's stock was trading at $48.19 at the beginning of the year. Since then, SRC stock has decreased by 10.4% and is now trading at $43.18.
View the best growth stocks for 2022 here
.

When is Spirit Realty Capital's next earnings date?

Spirit Realty Capital is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our SRC earnings forecast
.

How were Spirit Realty Capital's earnings last quarter?

Spirit Realty Capital, Inc. (NYSE:SRC) announced its earnings results on Wednesday, August, 3rd. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by $0.25. The real estate investment trust had revenue of $173.56 million for the quarter, compared to the consensus estimate of $172.40 million. Spirit Realty Capital had a trailing twelve-month return on equity of 5.52% and a net margin of 33.97%.

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 Wednesday, May 18th. Investors of record on Thursday, June 30th will be paid a dividend of $0.638 per share on Friday, July 15th. This represents a $2.55 dividend on an annualized basis and a dividend yield of 5.91%. The ex-dividend date of this dividend is Wednesday, June 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 $2.55 per share and currently has a dividend yield of 5.97%. SRC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 151.79%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SRC will have a dividend payout ratio of 72.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SRC.

When did Spirit Realty Capital's stock split?

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 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 issued an update on its FY 2022 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share guidance of $3.52-$3.58 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 many different retail and institutional investors. Top institutional shareholders include Frontier Capital Management Co. LLC (0.60%), Russell Investments Group Ltd. (0.37%), abrdn plc (0.34%), Retirement Systems of Alabama (0.26%), Swiss National Bank (0.22%) and Securian Asset Management Inc. (0.21%). Insiders that own company stock include Jackson Hsieh, Jay Young and Michelle M Frymire.
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 $43.18.

How much money does Spirit Realty Capital make?

Spirit Realty Capital (NYSE:SRC) has a market capitalization of $5.89 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 $1.68 on an earnings per share basis.

How many employees does Spirit Realty Capital have?

Spirit Realty Capital employs 84 workers across the globe.

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 8/10/2022 by MarketBeat.com Staff

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