Log in
(Ad)
In my 40+ year career, I have yet to see a convergence of three significant factors that has me this optimistic about the stock market. I believe 2020 could deliver the largest wealth-building opportunity in a generation. Don't miss out on this historic year.

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

$51.42
+0.26 (+0.51 %)
(As of 01/20/2020 06:50 AM ET)
Today's Range
$50.93
Now: $51.42
$51.80
50-Day Range
$47.69
MA: $50.06
$53.03
52-Week Range
$36.69
Now: $51.42
$53.23
Volume675,422 shs
Average Volume809,413 shs
Market Capitalization$5.13 billion
P/E Ratio21.07
Dividend Yield4.86%
Beta0.37
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. Read More…

Industry, Sector and Symbol

Industry Nonresidential building operators
Sub-IndustryDiversified REITs
SectorFinance
CUSIP84860F10
Phone972-476-1900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$445.13 million
Cash Flow$4.31 per share
Book Value$30.75 per share

Profitability

Net Income$132.05 million

Miscellaneous

Employees89
Market Cap$5.13 billion
Next Earnings Date2/19/2020 (Estimated)
OptionableOptionable

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.


(Ad)


A U.S. congressional committee passed important legislation that enables each state to set its own policies around cannabis… This bill also allows states to expunge federal marijuana convictions and arrests. This will likely lead to federal legalization sooner than expected. Get in early and you just might be the next 'Marijuana Millionaire'...

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 4th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.625 per share on Wednesday, January 15th. This represents a $2.50 dividend on an annualized basis and a yield of 4.86%. The ex-dividend date is Monday, December 30th. 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.

How were Spirit Realty Capital's earnings last quarter?

Spirit Realty Capital Inc (NYSE:SRC) released its quarterly earnings results on Tuesday, November, 5th. The real estate investment trust reported $0.99 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.34 by $0.65. The real estate investment trust had revenue of $167 million for the quarter, compared to analyst estimates of $113.15 million. Spirit Realty Capital had a return on equity of 8.03% and a net margin of 42.82%. The firm's revenue was up 52.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.16 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 Wednesday, February 19th 2020. View Earnings Estimates for Spirit Realty Capital.

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

Spirit Realty Capital updated its FY19 earnings guidance on Tuesday, November, 5th. The company provided earnings per share guidance of $3.31-3.34 for the period, compared to the Thomson Reuters consensus estimate of $3.15.

What price target have analysts set for SRC?

8 equities research analysts have issued 1 year price targets for Spirit Realty Capital's stock. Their forecasts range from $42.00 to $56.00. On average, they anticipate Spirit Realty Capital's stock price to reach $53.29 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for Spirit Realty Capital.

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

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spirit Realty Capital.

Has Spirit Realty Capital been receiving favorable news coverage?

Press coverage about SRC stock has been trending positive on Monday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by monitoring 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 news impact score of 3.0 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Spirit Realty Capital.

Are investors shorting Spirit Realty Capital?

Spirit Realty Capital saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 3,150,000 shares, a decline of 5.4% from the December 15th total of 3,330,000 shares. Based on an average daily trading volume, of 981,900 shares, the days-to-cover ratio is currently 3.2 days. Approximately 3.5% of the shares of the company are sold short. View Spirit Realty Capital's Current Options Chain.

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 shareholders include Pensionfund DSM Netherlands (0.05%), State of Alaska Department of Revenue (0.04%), Nisa Investment Advisors LLC (0.03%), Louisiana State Employees Retirement System (0.02%), Pensionfund Sabic (0.02%) and 6 Meridian (0.01%). 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 institutional investors are selling Spirit Realty Capital stock?

SRC stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC and Bridgeworth LLC. View Insider Buying and Selling for Spirit Realty Capital.

Which institutional investors are buying Spirit Realty Capital stock?

SRC stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Alpine Global Management LLC, Pensionfund DSM Netherlands, Pensionfund Sabic, Louisiana State Employees Retirement System, IFP Advisors Inc, Reilly Financial Advisors LLC and 6 Meridian. 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 $51.42.

How big of a company is Spirit Realty Capital?

Spirit Realty Capital has a market capitalization of $5.13 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?

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:  331 (Vote Outperform)
Underperform Votes:  375 (Vote Underperform)
Total Votes:  706
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 1/20/2020 by MarketBeat.com Staff

Featured Article: Google Finance Portfolio

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel