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

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

Spirit Realty Capital declared a quarterly dividend on Wednesday, December 4th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.625 per share on Wednesday, January 15th. This represents a $2.50 annualized dividend and a yield of 4.80%. The ex-dividend date of this dividend is Monday, December 30th. View Spirit Realty Capital's Dividend History.

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.

Spirit Realty Capital Inc (NYSE:SRC) released its quarterly earnings results on Tuesday, November, 5th. The real estate investment trust reported $0.99 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.34 by $0.65. The real estate investment trust earned $167 million during the quarter, compared to analysts' expectations 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 for the quarter was up 52.4% on a year-over-year basis. During the same period last year, the company posted $0.16 earnings per share. View Spirit Realty Capital's Earnings History.

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Spirit Realty Capital.

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 earnings per share estimate of $3.15.

7 equities research analysts have issued 1 year price targets for Spirit Realty Capital's stock. Their forecasts range from $52.00 to $56.00. On average, they expect Spirit Realty Capital's share price to reach $55.17 in the next twelve months. This suggests a possible upside of 5.9% from the stock's current price. View Analyst Price Targets for Spirit Realty Capital.

7 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spirit Realty Capital.

News stories about SRC stock have trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Spirit Realty Capital earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Spirit Realty Capital.

Spirit Realty Capital saw a decline in short interest during the month of January. As of January 15th, there was short interest totalling 3,150,000 shares, a decline of 5.4% from the December 31st total of 3,330,000 shares. Based on an average daily volume of 1,000,000 shares, the short-interest ratio is currently 3.2 days. Currently, 3.5% of the shares of the company are short sold. View Spirit Realty Capital's Current Options Chain.

Some companies that are related to Spirit Realty Capital include Duke Realty (DRE), Vornado Realty Trust (VNO), Liberty Property Trust (LPT), Cousins Properties (CUZ), PS Business Parks (PSB), American Assets Trust (AAT), Lexington Realty Trust (LXP), Washington Real Estate Investment Trust (WRE), Investors Real Estate Trust Reit (IRET), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR), Gyrodyne (GYRO) and RAIT Financial Trust (RAS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Spirit Realty Capital investors own include AT&T (T), New Residential Investment (NRZ), Enterprise Products Partners (EPD), Medical Properties Trust (MPW), ARBOR RLTY TR I/SH (ABR), Energy Transfer LP Unit (ET), ANNALY CAP MGMT/SH (NLY), Advanced Micro Devices (AMD), Ares Capital (ARCC) and Centurylink (CTL).

Spirit Realty Capital's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Duff & Phelps Investment Management Co. (1.26%), Real Estate Management Services LLC (0.15%), Strs Ohio (0.14%), Arizona State Retirement System (0.06%), Pensionfund DSM Netherlands (0.05%) and State of Alaska Department of Revenue (0.04%). 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.

SRC stock was sold by a variety of institutional investors in the last quarter, including Real Estate Management Services LLC, Campbell & CO Investment Adviser LLC, Nisa Investment Advisors LLC, NEXT Financial Group Inc, Bridgeworth LLC, Telos Capital Management Inc., Virginia Retirement Systems ET AL and Nwam LLC. View Insider Buying and Selling for Spirit Realty Capital.

SRC stock was bought by a variety of institutional investors in the last quarter, including Duff & Phelps Investment Management Co., Exchange Traded Concepts LLC, Strs Ohio, Telemus Capital LLC, State of Alaska Department of Revenue, New York State Teachers Retirement System, Alpine Global Management LLC and Pensionfund DSM Netherlands. 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.

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 $52.09.

Spirit Realty Capital has a market capitalization of $5.19 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.

The official website for Spirit Realty Capital is http://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]