NYSE:SRC

Spirit Realty Capital Stock Forecast, Price & News

$48.60
-0.41 (-0.84 %)
(As of 06/17/2021 12:00 AM ET)
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Today's Range
$48.55
$49.35
50-Day Range
$43.73
$50.92
52-Week Range
$29.40
$51.17
Volume1.03 million shs
Average Volume791,349 shs
Market Capitalization$5.59 billion
P/E Ratio173.57
Dividend Yield5.10%
Beta1.27
30 days | 90 days | 365 days | Advanced Chart
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Spirit Realty Capital logo

About Spirit Realty Capital

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.

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MarketRank

Overall MarketRank

1.50 out of 5 stars

Finance Sector

681st out of 1,977 stocks

Nonresidential Building Operators Industry

2nd out of 11 stocks

Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Spirit Realty Capital (NYSE:SRC) Frequently Asked Questions

Is Spirit Realty Capital a buy right now?

10 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 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Spirit Realty Capital stock.
View analyst ratings for Spirit Realty Capital
or view top-rated stocks.

What stocks does MarketBeat like better than Spirit Realty Capital?

Wall Street analysts have given Spirit Realty Capital a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Spirit Realty Capital wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Spirit Realty Capital's next earnings date?

Spirit Realty Capital is scheduled to release its next quarterly earnings announcement on Friday, July 30th 2021.
View our earnings forecast for Spirit Realty Capital
.

How were Spirit Realty Capital's earnings last quarter?

Spirit Realty Capital, Inc. (NYSE:SRC) released its quarterly earnings data on Wednesday, May, 5th. The real estate investment trust reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by $0.74. The real estate investment trust had revenue of $134.66 million for the quarter, compared to analyst estimates of $130.84 million. Spirit Realty Capital had a trailing twelve-month return on equity of 1.26% and a net margin of 8.28%.
View Spirit Realty Capital's earnings history
.

How has Spirit Realty Capital's stock been impacted by COVID-19?

Spirit Realty Capital's stock was trading at $40.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SRC shares have increased by 20.0% and is now trading at $48.60.
View which stocks have been most impacted by COVID-19
.

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 19th. Stockholders of record on Wednesday, June 30th will be paid a dividend of $0.625 per share on Thursday, July 15th. This represents a $2.50 annualized dividend and a yield of 5.14%. The ex-dividend date of this dividend is Tuesday, June 29th.
View Spirit Realty Capital's dividend history
.

Is Spirit Realty Capital a good dividend stock?

Spirit Realty Capital pays an annual dividend of $2.50 per share and currently has a dividend yield of 5.10%. 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 strong track record of dividend growth. The dividend payout ratio of Spirit Realty Capital is 84.75%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Spirit Realty Capital will have a dividend payout ratio of 80.39% 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.

When did Spirit Realty Capital's stock split? How did Spirit Realty Capital's stock split work?

Shares of Spirit Realty Capital 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.

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

Spirit Realty Capital issued an update on its FY 2021 earnings guidance on Wednesday, May, 26th. The company provided EPS guidance of 3.060-3.140 for the period. The company issued revenue guidance of -.

What price target have analysts set for SRC?

10 equities research analysts have issued 1-year target prices for Spirit Realty Capital's shares. Their forecasts range from $27.00 to $55.00. On average, they anticipate Spirit Realty Capital's share price to reach $44.73 in the next twelve months. This suggests that the stock has a possible downside of 8.0%.
View analysts' price targets for Spirit Realty Capital
or view top-rated stocks among Wall Street analysts.

Who are Spirit Realty Capital's key executives?

Spirit Realty Capital's management team includes the following people:
  • Mr. Jackson Hsieh, Pres, CEO & Director (Age 60, Pay $2.7M)
  • Mr. Michael C. Hughes, Exec. VP & CFO (Age 46, Pay $1.09M)
  • Mr. Kenneth Heimlich, Exec. VP & Chief Investment Officer (Age 55, Pay $923.86k)
  • Mr. Jay A. Young, Exec. VP, Gen. Counsel & Sec. (Age 51, Pay $864.53k)
  • Mr. Prakash J. Parag, Sr. VP & Chief Accounting Officer (Age 46)
  • Mr. Pierre Revol, Sr. VP of Corp. Fin. & Investor Relations
  • Ms. Erin Gilles, Director of Marketing & Communications
  • Mr. Daniel Rosenberg, Sr. VP & Head of Asset Management (Age 43)
  • Mr. Travis Carter, Sr. VP of Credit & Underwriting
  • Ms. Rochelle Thomas, Sr. VP & Deputy Gen. Counsel

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

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 institutional and retail investors. Top institutional shareholders include Cohen & Steers Inc. (15.97%), BlackRock Inc. (13.78%), Daiwa Securities Group Inc. (2.85%), Duff & Phelps Investment Management Co. (1.60%), Dimensional Fund Advisors LP (1.56%) and Long Pond Capital LP (1.55%). Company insiders that own Spirit Realty Capital stock include Jackson Hsieh and Jay Young.
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 Zurcher Kantonalbank Zurich Cantonalbank, Cbre Clarion Securities LLC, Russell Investments Group Ltd., Prudential Financial Inc., Weiss Multi Strategy Advisers LLC, Cohen & Steers Inc., Nuveen Asset Management LLC, and Long Pond Capital LP.
View insider buying and selling activity for Spirit Realty Capital
or view top insider-selling stocks.

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., BlackRock Inc., Millennium Management LLC, Janus Henderson Group PLC, NN Investment Partners Holdings N.V., Lazard Asset Management LLC, Northern Trust Corp, and Cubist Systematic Strategies 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.

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 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 $48.60.

How much money does Spirit Realty Capital make?

Spirit Realty Capital has a market capitalization of $5.59 billion and generates $483.61 million in revenue each year. The real estate investment trust earns $26.71 million in net income (profit) each year or $2.95 on an earnings per share basis.

How many employees does Spirit Realty Capital have?

Spirit Realty Capital employs 82 workers across the globe.

What is Spirit Realty Capital's official website?

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

Where are Spirit Realty Capital's headquarters?

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

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]


This page was last updated on 6/17/2021 by MarketBeat.com Staff
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