NYSE:SRCSpirit Realty Capital Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Spirit Realty Capital Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $35.87 -0.17 (-0.47 %) (As of 08/13/2020 12:28 PM ET) Add Compare Share Today's Range$35.62Now: $35.87▼$36.3450-Day Range$31.68MA: $34.11▼$35.9352-Week Range$18.37Now: $35.87▼$54.63Volume12,749 shsAverage Volume1.15 million shsMarket Capitalization$3.70 billionP/E Ratio52.75Dividend Yield7.00%Beta1.06 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. Our properties, with an aggregate gross leasable area of approximately 28.6 million square feet, are leased to 252 tenants across 49 states and 32 industries.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingSpirit Realty Capital has received a consensus rating of Buy. The company's average rating score is 2.55, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $43.56, Spirit Realty Capital has a potential upside of 20.5% from its current price of $36.14.Amount of Analyst CoverageSpirit Realty Capital has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.3 Community Rank Outperform VotesSpirit Realty Capital has received 344 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSpirit Realty Capital has received 397 “underperform” votes. (Add your “underperform” vote.)Community SentimentSpirit Realty Capital has received 53.58% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipSpirit Realty Capital is a leading dividend payer. It pays a dividend yield of 7.00%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSpirit Realty Capital has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Spirit Realty Capital is 74.85%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Spirit Realty Capital will have a dividend payout ratio of 86.51% in the coming year. This indicates that Spirit Realty Capital may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Spirit Realty Capital insiders have not sold or bought any company stock.Percentage Held by Institutions93.92% of the stock of Spirit Realty Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Spirit Realty Capital are expected to grow by 9.89% in the coming year, from $2.63 to $2.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Spirit Realty Capital is 53.15, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Spirit Realty Capital is 53.15, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.63.Price to Book Value per Share RatioSpirit Realty Capital has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.94 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Nonresidential building operators Sub-IndustryDiversified REITs SectorFinance Current SymbolNYSE:SRC Previous Symbol CUSIP84860F10 CIK1308606 Webwww.spiritrealty.com Phone972-476-1900Debt Debt-to-Equity Ratio0.65 Current Ratio0.93 Quick Ratio0.93Price-To-Earnings Trailing P/E Ratio52.75 Forward P/E Ratio13.64 P/E GrowthN/A Sales & Book Value Annual Sales$516.43 million Price / Sales7.16 Cash Flow$3.71 per share Price / Cash Flow9.66 Book Value$32.56 per share Price / Book1.10Profitability EPS (Most Recent Fiscal Year)$3.34 Net Income$175.27 million Net Margins13.17% Return on Equity2.19% Return on Assets1.18%Miscellaneous Employees89 Outstanding Shares103,043,000Market Cap$3.70 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $35.87 -0.17 (-0.47 %) (As of 08/13/2020 12:28 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive SRC News and Ratings via Email Sign-up to receive the latest news and ratings for SRC and its competitors with MarketBeat's FREE daily newsletter. Spirit Realty Capital (NYSE:SRC) Frequently Asked Questions How has Spirit Realty Capital's stock price 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. Since then, SRC stock has decreased by 11.4% and is now trading at $35.87. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Spirit Realty Capital? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Spirit Realty Capital. When is Spirit Realty Capital's next earnings date? Spirit Realty Capital is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. 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 results on Friday, July, 31st. The real estate investment trust reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.54 by $0.57. The real estate investment trust had revenue of $117.19 million for the quarter, compared to the consensus estimate of $113.65 million. Spirit Realty Capital had a return on equity of 2.19% and a net margin of 13.17%. During the same quarter in the prior year, the firm earned $0.86 earnings per share. View Spirit Realty Capital's earnings history. 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 Friday, May 29th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.625 per share on Wednesday, July 15th. This represents a $2.50 annualized dividend and a dividend yield of 6.97%. The ex-dividend date is Monday, June 29th. 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 closing bell 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 price target have analysts set for SRC? 11 Wall Street analysts have issued 1-year target prices for Spirit Realty Capital's shares. Their forecasts range from $31.00 to $56.00. On average, they expect Spirit Realty Capital's stock price to reach $43.56 in the next twelve months. This suggests a possible upside of 21.4% from the stock's current price. View analysts' price targets for Spirit Realty Capital. Has Spirit Realty Capital been receiving favorable news coverage? Press coverage about SRC stock has been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Spirit Realty Capital earned a daily sentiment score of -4.1 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news about Spirit Realty Capital. Are investors shorting Spirit Realty Capital? Spirit Realty Capital saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 10,250,000 shares, an increase of 611.8% from the May 31st total of 1,440,000 shares. Based on an average daily volume of 1,390,000 shares, the short-interest ratio is currently 7.4 days. View Spirit Realty Capital's Short Interest. Who are some of Spirit Realty Capital's key competitors? Some companies that are related to Spirit Realty Capital include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), PS Business Parks (PSB), Lexington Realty Trust (LXP), Washington Real Estate Investment Trust (WRE), American Assets Trust (AAT), Investors Real Estate Trust Reit (IRET), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO). View all 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 CAP MGMT/SH (NLY), Enterprise Products Partners (EPD), Iron Mountain (IRM), Omega Healthcare Investors (OHI), Cisco Systems (CSCO), Medical Properties Trust (MPW), Energy Transfer LP Unit (ET), New Residential Investment (NRZ) and Pfizer (PFE). 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 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) 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 Cbre Clarion Securities LLC (2.20%), Prudential Financial Inc. (1.73%), Duff & Phelps Investment Management Co. (1.50%), Aew Capital Management L P (1.14%), Frontier Capital Management Co. LLC (0.91%) and Morningstar Investment Services LLC (0.50%). Company insiders that own Spirit Realty Capital stock include Jackson Hsieh, Jay Young and Michael C Hughes. 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 Bank of Montreal Can, First Trust Advisors LP, WINTON GROUP Ltd, Timbercreek Investment Management Inc., Goldman Sachs Group Inc., Mutual of America Capital Management LLC, Ensign Peak Advisors Inc, and Real Estate Management Services LLC. View insider buying and selling activity for Spirit Realty Capital. Which institutional investors are buying Spirit Realty Capital stock? SRC stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Aew Capital Management L P, Cbre Clarion Securities LLC, Duff & Phelps Investment Management Co., Beacon Financial Group, Monashee Investment Management LLC, Natixis Advisors L.P., and DekaBank Deutsche Girozentrale. Company insiders that have bought Spirit Realty Capital stock in the last two years include Jackson Hsieh, Jay Young, and Michael C Hughes. View insider buying and selling activity 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 $35.87. How big of a company is Spirit Realty Capital? Spirit Realty Capital has a market capitalization of $3.70 billion and generates $516.43 million in revenue each year. The real estate investment trust earns $175.27 million in net income (profit) each year or $3.34 on an earnings per share basis. Spirit Realty Capital employs 89 workers across the globe. What is Spirit Realty Capital's official website? The official website for Spirit Realty Capital is 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] This page was last updated on 8/13/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
