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

Spirit Realty Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "SRC."

Spirit Realty Capital announced a quarterly dividend on Tuesday, June 5th. Stockholders of record on Friday, June 29th will be given a dividend of $0.18 per share on Friday, July 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 8.52%. The ex-dividend date is Thursday, June 28th. View Spirit Realty Capital's Dividend History.

Spirit Realty Capital announced that its board has initiated a stock repurchase plan on Wednesday, August 16th 2017, which allows the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 6.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its stock is undervalued.

Spirit Realty Capital Inc (NYSE:SRC) posted its quarterly earnings data on Tuesday, May, 1st. The real estate investment trust reported $0.06 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.06. The real estate investment trust earned $165.30 million during the quarter, compared to analyst estimates of $165.12 million. Spirit Realty Capital had a net margin of 14.77% and a return on equity of 3.42%. The company's quarterly revenue was down .1% on a year-over-year basis. During the same period in the prior year, the company posted $0.20 EPS. View Spirit Realty Capital's Earnings History.

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Spirit Realty Capital.

12 analysts have issued 12-month price targets for Spirit Realty Capital's stock. Their forecasts range from $8.00 to $11.00. On average, they anticipate Spirit Realty Capital's share price to reach $9.0313 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Price Targets for Spirit Realty Capital.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Spirit Realty Capital.

Some companies that are related to Spirit Realty Capital include Forest City Realty Trust (FCE.A), Piedmont Office Realty Trust (PDM), IRSA Propiedades Comerciales (IRCP), J.W. Mays (MAYS), Gyrodyne (GYRO), AmBase (ABCP) and Elbit Imaging (EMITF).

Press coverage about SRC stock has trended positive on Monday, Accern reports. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Spirit Realty Capital earned a news and rumor sentiment score of 0.48 on Accern's scale. They also assigned press coverage about the real estate investment trust an impact score of 46.92 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Spirit Realty Capital.

Spirit Realty Capital's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (12.95%), Scopia Capital Management LP (5.67%), V3 Capital Management L.P. (1.92%), Renaissance Technologies LLC (1.87%), LSV Asset Management (1.57%) and Monarch Alternative Capital LP (1.25%). Company insiders that own Spirit Realty Capital stock include Boyd Messmann, Jackson Hsieh, Kenneth Heimlich, Phillip D Joseph Jr, Richard I Gilchrist, Sheli Z Rosenberg, Thomas H Nolan Jr, Thomas D Senkbeil, Thomas H Nolan Jr and Todd A Dunn. View Institutional Ownership Trends for Spirit Realty Capital.

SRC stock was sold by a variety of institutional investors in the last quarter, including Scopia Capital Management LP, Thompson Siegel & Walmsley LLC, V3 Capital Management L.P., Tricadia Capital Management LLC, Millennium Management LLC, Monarch Alternative Capital LP, Highland Capital Management LP and Virginia Retirement Systems ET AL. View Insider Buying and Selling for Spirit Realty Capital.

SRC stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, LSV Asset Management, Janus Henderson Group PLC, Water Island Capital LLC, Chicago Equity Partners LLC, American Century Companies Inc. and Schwab Charles Investment Management Inc.. Company insiders that have bought Spirit Realty Capital stock in the last two years include Boyd Messmann, Jackson Hsieh, Kenneth Heimlich, 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.

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.

One share of SRC stock can currently be purchased for approximately $8.45.

Spirit Realty Capital has a market capitalization of $3.63 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 $0.85 on an earnings per share basis. Spirit Realty Capital employs 87 workers across the globe.

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]