NYSE:SRC - Spirit Realty Capital Stock Price, News, & Analysis

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$39.50 -0.22 (-0.55 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$39.50
Today's Range$39.06 - $39.8675
52-Week Range$36.10 - $44.20
Volume1.92 million shs
Average Volume1.55 million shs
Market Capitalization$3.40 billion
P/E Ratio9.29
Dividend Yield6.29%
Beta0.35
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 September 30, 2018, our diversified portfolio was comprised of 1,523 properties, including properties securing mortgage loans made by the Company. Our properties, with an aggregate gross leasable area of approximately 28.7 million square feet, are leased to approximately 252 tenants across 49 states and 32 industries.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Nonresidential building operators
Sub-IndustryDiversified REITs
SectorFinance
Current SymbolNYSE:SRC
Previous Symbol
CUSIP84860F10
Phone972-476-1900

Debt

Debt-to-Equity Ratio0.78
Current Ratio0.60
Quick Ratio0.60

Price-To-Earnings

Trailing P/E Ratio9.29
Forward P/E Ratio10.97
P/E GrowthN/A

Sales & Book Value

Annual Sales$668.96 million
Price / Sales5.06
Cash Flow$3.8916 per share
Price / Cash Flow10.15
Book Value$34.58 per share
Price / Book1.14

Profitability

EPS (Most Recent Fiscal Year)$4.25
Net Income$77.14 million
Net Margins20.95%
Return on Equity4.27%
Return on Assets2.00%

Miscellaneous

Employees87
Outstanding Shares85,690,000
Market Cap$3.40 billion
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 quarterly dividend on Wednesday, December 5th. Investors of record on Monday, December 31st will be paid a dividend of $0.125 per share on Tuesday, January 15th. This represents a $0.50 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend is Friday, December 28th. 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 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.

How will Spirit Realty Capital's stock buyback program work?

Spirit Realty Capital declared that its board has authorized a share buyback plan on Wednesday, August 16th 2017, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its stock is undervalued.

How were Spirit Realty Capital's earnings last quarter?

Spirit Realty Capital Inc (NYSE:SRC) issued its quarterly earnings results on Monday, November, 5th. The real estate investment trust reported $0.30 EPS for the quarter, beating the consensus estimate of $0.25 by $0.05. The real estate investment trust had revenue of $109.64 million for the quarter, compared to the consensus estimate of $101.43 million. Spirit Realty Capital had a net margin of 20.95% and a return on equity of 4.27%. The company's quarterly revenue was up .8% on a year-over-year basis. During the same period last year, the company posted $1.05 EPS. View Spirit Realty Capital's Earnings History.

When is Spirit Realty Capital's next earnings date?

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Spirit Realty Capital.

What guidance has Spirit Realty Capital issued on next quarter's earnings?

Spirit Realty Capital issued an update on its FY18 earnings guidance on Monday, November, 5th. The company provided EPS guidance of $0.75-0.76 for the period, compared to the Thomson Reuters consensus estimate of $0.73. Spirit Realty Capital also updated its FY 2018 guidance to $0.75-0.76 EPS.

What price target have analysts set for SRC?

9 equities research analysts have issued 12 month target prices for Spirit Realty Capital's stock. Their predictions range from $40.00 to $47.50. On average, they anticipate Spirit Realty Capital's share price to reach $42.75 in the next year. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Price Targets for Spirit Realty Capital.

What is the consensus analysts' recommendation for Spirit Realty Capital?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 2 sell ratings, 4 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?

News stories about SRC stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. 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 media sentiment score of 1.2 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the immediate future.

Who are some of Spirit Realty Capital's key competitors?

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. Jay A. Young, Exec. VP, Gen. Counsel & Sec. (Age 48)
  • Mr. Michael C. Hughes, Exec. VP & CFO (Age 43)
  • Mr. Prakash J. Parag, Sr. VP & Chief Accounting Officer (Age 43)
  • Mr. Daniel Rosenberg, Sr. VP & Head of Acquisitions (Age 40)

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. (15.62%), Vanguard Group Inc (15.62%), FMR LLC (13.47%), Scopia Capital Management LP (4.36%), Dimensional Fund Advisors LP (1.77%) and Prudential Financial Inc. (1.75%). Company insiders that own Spirit Realty Capital stock include Boyd Messmann, Jackson Hsieh, Kenneth Heimlich, Michael C Hughes, Phillip D Joseph Jr, Richard I Gilchrist, Sheli Z Rosenberg, Thomas D Senkbeil and Todd A Dunn. View Institutional Ownership Trends for Spirit Realty Capital.

Which institutional investors are selling Spirit Realty Capital stock?

SRC stock was sold by a variety of institutional investors in the last quarter, including Scopia Capital Management LP, Teachers Advisors LLC, V3 Capital Management L.P., TIAA CREF Investment Management LLC, Renaissance Technologies LLC, Man Group plc, Tricadia Capital Management LLC and GSA Capital Partners LLP. View Insider Buying and Selling for Spirit Realty Capital.

Which institutional investors are buying Spirit Realty Capital stock?

SRC stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Cohen & Steers Inc., NN Investment Partners Holdings N.V., Copper Rock Capital Partners LLC, FMR LLC, Mirae Asset Global Investments Co. Ltd., Mackenzie Financial Corp and First Quadrant L P CA. Company insiders that have bought Spirit Realty Capital stock in the last two years include Boyd Messmann, Jackson Hsieh, Kenneth Heimlich, Michael C Hughes, Phillip D Joseph Jr, Richard I Gilchrist, Sheli Z Rosenberg, Thomas D Senkbeil and Todd A Dunn. 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, Scottrade, Fidelity and Charles Schwab.

What is Spirit Realty Capital's stock price today?

One share of SRC stock can currently be purchased for approximately $39.50.

How big of a company is Spirit Realty Capital?

Spirit Realty Capital has a market capitalization of $3.40 billion and generates $668.96 million in revenue each year. The real estate investment trust earns $77.14 million in net income (profit) each year or $4.25 on an earnings per share basis. Spirit Realty Capital employs 87 workers across the globe.

What is Spirit Realty Capital's official website?

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

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  288 (Vote Outperform)
Underperform Votes:  331 (Vote Underperform)
Total Votes:  619
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.
This page was last updated on 12/15/2018 by MarketBeat.com Staff

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