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NYSE:SRCSpirit Realty Capital Stock Price, Forecast & News

$34.25
-0.91 (-2.59 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$34.17
Now: $34.25
$36.36
50-Day Range
$26.13
MA: $32.74
$39.94
52-Week Range
$18.37
Now: $34.25
$54.63
Volume770,027 shs
Average Volume1.84 million shs
Market Capitalization$3.53 billion
P/E Ratio28.54
Dividend Yield7.30%
Beta1.09
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. Our properties, with an aggregate gross leasable area of approximately 28.6 million square feet, are leased to 252 tenants across 49 states and 32 industries.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.74 out of 5 stars


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$516.43 million
Cash Flow$3.66 per share
Book Value$32.56 per share

Profitability

Net Income$175.27 million

Miscellaneous

Employees89
Market Cap$3.53 billion
Next Earnings Date8/5/2020 (Estimated)
OptionableOptionable

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Spirit Realty Capital (NYSE:SRC) Frequently Asked Questions

How has Spirit Realty Capital's stock been impacted by COVID-19 (Coronavirus)?

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 stock has decreased by 15.4% and is now trading at $34.25. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Spirit Realty Capital?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Spirit Realty Capital.

When is Spirit Realty Capital's next earnings date?

Spirit Realty Capital is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Spirit Realty Capital.

How were Spirit Realty Capital's earnings last quarter?

Spirit Realty Capital Inc (NYSE:SRC) released its quarterly earnings results on Tuesday, May, 5th. The real estate investment trust reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.75 by $0.93. The real estate investment trust had revenue of $121.36 million for the quarter, compared to the consensus estimate of $122.40 million. Spirit Realty Capital had a return on equity of 3.75% and a net margin of 22.00%. During the same period in the previous year, the business posted $0.86 EPS. View Spirit Realty Capital's earnings history.

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 Friday, May 29th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.625 per share on Wednesday, July 15th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 7.30%. The ex-dividend date is Monday, June 29th. 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 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.

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

Spirit Realty Capital updated its first quarter earnings guidance on Monday, April, 13th. The company provided earnings per share (EPS) guidance of $0.77-0.79 for the period, compared to the Thomson Reuters consensus estimate of $0.74.

What price target have analysts set for SRC?

11 analysts have issued 1 year price objectives for Spirit Realty Capital's stock. Their forecasts range from $31.00 to $56.00. On average, they expect Spirit Realty Capital's stock price to reach $44.56 in the next year. This suggests a possible upside of 30.1% from the stock's current price. View analysts' price targets for Spirit Realty Capital.

Has Spirit Realty Capital been receiving favorable news coverage?

News coverage about SRC stock has been trending negative this week, according to InfoTrie. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Spirit Realty Capital earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Spirit Realty Capital.

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 following 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)

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 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 $34.25.

How big of a company is Spirit Realty Capital?

Spirit Realty Capital has a market capitalization of $3.53 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.

What is Spirit Realty Capital's official website?

The official website for Spirit Realty Capital is 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]

This page was last updated on 7/5/2020 by MarketBeat.com Staff

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