Spirit Realty Capital Stock Forecast, Price & News

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 shares have decreased by 17.1% and is now trading at $33.57.
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12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Spirit Realty Capital.

Spirit Realty Capital is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Spirit Realty Capital.

Spirit Realty Capital will be holding an earnings conference call on Monday, November 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Spirit Realty Capital Inc (NYSE:SRC) posted its quarterly earnings data on Friday, July, 31st. The real estate investment trust reported ($0.03) earnings per share (EPS) 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 analyst estimates of $113.65 million. Spirit Realty Capital had a net margin of 13.17% and a return on equity of 2.19%. During the same period in the previous year, the firm posted $0.86 earnings per share.
View Spirit Realty Capital's earnings history.

Spirit Realty Capital declared a quarterly dividend on Monday, August 31st. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.625 per share on Thursday, October 15th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 7.45%. The ex-dividend date is Tuesday, September 29th.
View Spirit Realty Capital's dividend history.

Spirit Realty Capital shares 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.

12 Wall Street analysts have issued twelve-month price targets for Spirit Realty Capital's shares. Their forecasts range from $33.00 to $56.00. On average, they expect Spirit Realty Capital's stock price to reach $43.89 in the next year. This suggests a possible upside of 30.7% from the stock's current price.
View analysts' price targets for Spirit Realty Capital.

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).
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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), Iron Mountain (IRM), Enterprise Products Partners (EPD), Pfizer (PFE), Omega Healthcare Investors (OHI), Cisco Systems (CSCO), Energy Transfer LP Unit (ET), Medical Properties Trust (MPW) and CVS Health (CVS).

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

Spirit Realty Capital's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (15.31%), FMR LLC (5.29%), Cbre Clarion Securities LLC (2.20%), Prudential Financial Inc. (1.73%), Duff & Phelps Investment Management Co. (1.50%) and Charles Schwab Investment Management Inc. (1.40%). 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.

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, Vanguard Group Inc., Timbercreek Investment Management Inc., Goldman Sachs Group Inc., Jane Street Group LLC, and Mutual of America Capital Management LLC.
View insider buying and selling activity for Spirit Realty Capital.

SRC stock was purchased by a variety of institutional investors in the last quarter, including Prudential Financial Inc., FMR LLC, Aew Capital Management L P, Cbre Clarion Securities LLC, Charles Schwab Investment Management Inc., Nuveen Asset Management LLC, Balyasny Asset Management LLC, and Sei Investments Co.. 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.

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.

One share of SRC stock can currently be purchased for approximately $33.57.

Spirit Realty Capital has a market capitalization of $3.46 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.

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

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]