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 Wednesday, December 5th. Shareholders of record on Monday, December 31st will be given a dividend of $0.125 per share on Tuesday, January 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Friday, December 28th. View Spirit Realty Capital's Dividend History.

Spirit Realty Capital's stock reverse split before market open 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 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 announced that its board has authorized a stock repurchase program on Wednesday, August 16th 2017, which permits the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 6.5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

Spirit Realty Capital Inc (NYSE:SRC) announced its earnings results on Wednesday, February, 20th. The real estate investment trust reported $0.84 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.80 by $0.04. The real estate investment trust earned $129.48 million during the quarter, compared to the consensus estimate of $107.01 million. Spirit Realty Capital had a net margin of 26.05% and a return on equity of 5.10%. The company's quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.06 earnings per share. View Spirit Realty Capital's Earnings History.

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Spirit Realty Capital.

Spirit Realty Capital updated its FY19 earnings guidance on Wednesday, February, 20th. The company provided EPS guidance of $3.32-3.38 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.29.

6 equities research analysts have issued 12-month target prices for Spirit Realty Capital's shares. Their forecasts range from $40.00 to $42.00. On average, they anticipate Spirit Realty Capital's share price to reach $40.6667 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price. View Analyst Price Targets for Spirit Realty Capital.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 2 sell ratings, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Spirit Realty Capital.

Press coverage about SRC stock has been trending positive this week, according to InfoTrie. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Spirit Realty Capital earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the stock's share price in the next few days.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Spirit Realty Capital investors own include Medical Properties Trust (MPW), WP Carey (WPC), Vereit (VER), New Residential Investment (NRZ), Energy Transfer LP Unit (ET), AT&T (T), ARBOR RLTY TR I/SH (ABR), Realty Income (O), EPR Properties (EPR) and Uniti Group (UNIT).

Spirit Realty Capital's stock is owned by a number of of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (5.69%), Prudential Financial Inc. (2.47%), Geode Capital Management LLC (1.87%), Dimensional Fund Advisors LP (1.71%), LSV Asset Management (1.65%) and Robeco Institutional Asset Management B.V. (1.51%). Company insiders that own Spirit Realty Capital stock include Boyd Messmann, Jackson Hsieh, Kenneth Heimlich, Michael C Hughes, Phillip D Joseph Jr, Richard I Gilchrist, Sheli Z Rosenberg, Thomas D Senkbeil 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 Principal Financial Group Inc., Dimensional Fund Advisors LP, Geode Capital Management LLC, LSV Asset Management, Prudential Financial Inc., Cohen & Steers Inc., V3 Capital Management L.P. and Northern Trust Corp. View Insider Buying and Selling for Spirit Realty Capital.

SRC stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Duff & Phelps Investment Management Co., Millennium Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, Canada Pension Plan Investment Board, Hsbc Holdings PLC, Blueshift Asset Management LLC and Voloridge Investment Management LLC. Company insiders that have bought Spirit Realty Capital stock in the last two years include Boyd Messmann, Jackson Hsieh, Kenneth Heimlich, Michael C Hughes, 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 $39.90.

Spirit Realty Capital has a market capitalization of $3.42 billion and generates $445.13 million in revenue each year. The real estate investment trust earns $77.14 million in net income (profit) each year or $3.78 on an earnings per share basis. Spirit Realty Capital employs 87 workers across the globe.

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]