Spirit Realty Capital, Inc (NYSE: SRC) is a premier net-lease REIT that primarily invests in high-quality, operationally essential real estate, subject to long-term, net leases. Over the past decade, Spirit has become an industry leader and owner of income-producing, strategically located retail, industrial, office and data center properties. As of December 31, 2018, our diversified portfolio was comprised of 1,514 properties, including properties securing mortgage loans made by the Company.
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Industry, Sector and Symbol
Industry Nonresidential building operators
Sub-IndustryDiversified REITs
SectorFinance
Phone972-476-1900
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$445.13 million
Profitability
Miscellaneous
Employees89
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable
Spirit Realty Capital (NYSE:SRC) Frequently Asked Questions
What is Spirit Realty Capital's stock symbol?
Spirit Realty Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "SRC."
How often does Spirit Realty Capital pay dividends? What is the dividend yield for Spirit Realty Capital?
Spirit Realty Capital declared a -- dividend on Wednesday, August 28th. Shareholders of record on Monday, September 30th will be given a dividend of $0.625 per share on Tuesday, October 15th. This represents a dividend yield of 5.3%. The ex-dividend date of this dividend is Friday, September 27th. View Spirit Realty Capital's Dividend History.
When did Spirit Realty Capital's stock split? How did Spirit Realty Capital's stock split work?
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 Spirit Realty Capital stock prior to the reverse split would have 20 shares after the split.
How were Spirit Realty Capital's earnings last quarter?
Spirit Realty Capital Inc (NYSE:SRC) posted its quarterly earnings results on Wednesday, August, 7th. The real estate investment trust reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by $0.33. The real estate investment trust had revenue of $115.70 million for the quarter, compared to analysts' expectations of $108.48 million. Spirit Realty Capital had a return on equity of 6.54% and a net margin of 37.11%. Spirit Realty Capital's quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.20 earnings per share. View Spirit Realty Capital's Earnings History.
When is Spirit Realty Capital's next earnings date?
What guidance has Spirit Realty Capital issued on next quarter's earnings?
Spirit Realty Capital updated its FY19 earnings guidance on Wednesday, August, 7th. The company provided earnings per share (EPS) guidance of $3.39-3.43 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.34.
What price target have analysts set for SRC?
7 analysts have issued 12 month price objectives for Spirit Realty Capital's stock. Their forecasts range from $40.00 to $51.50. On average, they anticipate Spirit Realty Capital's share price to reach $45.30 in the next year. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for Spirit Realty Capital.
What is the consensus analysts' recommendation 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 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Spirit Realty Capital.
Has Spirit Realty Capital been receiving favorable news coverage?
Press coverage about SRC stock has been trending somewhat positive this week, according to InfoTrie. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of 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 0.9 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Spirit Realty Capital.
Who are some of Spirit Realty Capital's key competitors?
What other stocks do shareholders of Spirit Realty Capital own?
Who are Spirit Realty Capital's key executives?
Spirit Realty Capital's management team includes the folowing people:
- Mr. Jackson Hsieh, Pres, CEO & Director (Age 58)
- Mr. Michael C. Hughes, Exec. VP & CFO (Age 44)
- Mr. Jay A. Young, Exec. VP, Gen. Counsel & Sec. (Age 49)
- Mr. Kenneth Heimlich, Exec. VP & Head of Asset Management (Age 53)
- Mr. Prakash J. Parag, Sr. VP & Chief Accounting Officer (Age 44)
Who are Spirit Realty Capital's major shareholders?
Spirit Realty Capital's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (16.79%), Scopia Capital Management LP (2.99%), V3 Capital Management L.P. (2.60%), Long Pond Capital LP (2.07%), Brookfield Asset Management Inc. (1.95%) and Duff & Phelps Investment Management Co. (1.44%). 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.
Which major investors are selling Spirit Realty Capital stock?
SRC stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Prudential Financial Inc., Renaissance Technologies LLC, Echo Street Capital Management LLC, LSV Asset Management, Virginia Retirement Systems ET AL, Charles Schwab Investment Management Inc. and Ellis Investment Partners LLC. Company insiders that have sold Spirit Realty Capital company stock in the last year include Jackson Hsieh and Jay Young. View Insider Buying and Selling for Spirit Realty Capital.
Which major investors are buying Spirit Realty Capital stock?
SRC stock was purchased by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Long Pond Capital LP, Westfield Capital Management Co. LP, Vanguard Group Inc., Nuveen Asset Management LLC, Heitman Real Estate Securities LLC, Goldentree Asset Management LP and Boston Partners. 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.
How do I buy shares of 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.
What is Spirit Realty Capital's stock price today?
One share of SRC stock can currently be purchased for approximately $46.93.
How big of a company is Spirit Realty Capital?
Spirit Realty Capital has a market capitalization of $4.23 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.
What is Spirit Realty Capital's official website?
How can I contact Spirit Realty Capital?
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]
MarketBeat Community Rating for Spirit Realty Capital (NYSE SRC)
MarketBeat's community ratings are surveys of what our community members think about Spirit Realty Capital and other stocks. Vote "Outperform" if you believe SRC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SRC will underperform the S&P 500 over the long term. You may vote once every thirty days.
