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 declared a quarterly dividend on Wednesday, December 5th. Investors of record on Monday, December 31st will be paid a dividend of $0.125 per share on Tuesday, January 15th. This represents a $0.50 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend is Friday, December 28th. 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 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.

Spirit Realty Capital declared that its board has authorized a share buyback plan on Wednesday, August 16th 2017, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its stock is undervalued.

Spirit Realty Capital Inc (NYSE:SRC) issued its quarterly earnings results on Monday, November, 5th. The real estate investment trust reported $0.30 EPS for the quarter, beating the consensus estimate of $0.25 by $0.05. The real estate investment trust had revenue of $109.64 million for the quarter, compared to the consensus estimate of $101.43 million. Spirit Realty Capital had a net margin of 20.95% and a return on equity of 4.27%. The company's quarterly revenue was up .8% on a year-over-year basis. During the same period last year, the company posted $1.05 EPS. View Spirit Realty Capital's Earnings History.

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Spirit Realty Capital.

Spirit Realty Capital issued an update on its FY18 earnings guidance on Monday, November, 5th. The company provided EPS guidance of $0.75-0.76 for the period, compared to the Thomson Reuters consensus estimate of $0.73. Spirit Realty Capital also updated its FY 2018 guidance to $0.75-0.76 EPS.

9 equities research analysts have issued 12 month target prices for Spirit Realty Capital's stock. Their predictions range from $40.00 to $47.50. On average, they anticipate Spirit Realty Capital's share price to reach $42.75 in the next year. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Price Targets for Spirit Realty Capital.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Spirit Realty Capital.

News stories about SRC stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 1.2 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the immediate future.

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), Elbit Imaging (EMITF) and AmBase (ABCP).

Spirit Realty Capital's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (15.62%), Vanguard Group Inc (15.62%), FMR LLC (13.47%), Scopia Capital Management LP (4.36%), Dimensional Fund Advisors LP (1.77%) and Prudential Financial Inc. (1.75%). 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 Scopia Capital Management LP, Teachers Advisors LLC, V3 Capital Management L.P., TIAA CREF Investment Management LLC, Renaissance Technologies LLC, Man Group plc, Tricadia Capital Management LLC and GSA Capital Partners LLP. View Insider Buying and Selling for Spirit Realty Capital.

SRC stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Cohen & Steers Inc., NN Investment Partners Holdings N.V., Copper Rock Capital Partners LLC, FMR LLC, Mirae Asset Global Investments Co. Ltd., Mackenzie Financial Corp and First Quadrant L P CA. 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 $39.50.

Spirit Realty Capital has a market capitalization of $3.40 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 $4.25 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]