Spirit Realty Capital Company Profile (NYSE:SRC)

About Spirit Realty Capital (NYSE:SRC)

Spirit Realty Capital, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company's operations are carried out through Spirit Realty, L.P. (the Operating Partnership). The Company invests in single-tenant, operationally essential real estate throughout the United States that is leased on a long-term, triple-net basis primarily to tenants engaged in retail, service and distribution industries. Single-tenant, operationally essential real estate consists of properties that are generally free-standing, commercial real estate facilities where its tenants conduct retail, service or distribution activities. as of December 31, 2012, the Company's portfolio of 1,122 owned properties were leased to approximately 165 tenants.

Industry, Sector and Symbol:

Sector: Finance
Industry: REIT - Diversified
Sub-Industry: Diversified REITs
Symbol: NYSE:SRC
CUSIP: 84860F10
Web: www.spiritrealty.com

Capitalization:

Market Cap: $3.92 billion
Outstanding Shares: 458,402,000

Average Prices:

50 Day Moving Avg: $8.56
200 Day Moving Avg: $8.34
52 Week Range: $6.64 - $12.77

P/E:

Trailing P/E Ratio: 64.62
Foreward P/E Ratio: 35.67
P/E Growth: 1.08

Sales & Book Value:

Annual Revenue: $667.48 million
Price / Sales: 5.88
Book Value: $7.33 per share
Price / Book: 1.17

Dividend:

Annual Dividend: $0.72
Dividend Yield: 8.4%

Profitability:

EBITDA: $583.57 million
Net Margins: 9.47%
Return on Equity: 1.74%
Return on Assets: 0.82%

Debt:

Debt-to-Equity Ratio: 1.15%
Current Ratio: 0.53%
Quick Ratio: 0.53%

Misc:

Average Volume: 9.87 million shs.
Beta: 0.53
Short Ratio: 1.03

Frequently Asked Questions for Spirit Realty Capital (NYSE:SRC)

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 often does Spirit Realty Capital pay dividends? What is the dividend yield for Spirit Realty Capital?

Spirit Realty Capital announced a quarterly dividend on Friday, September 15th. Investors of record on Friday, September 29th will be given a dividend of $0.18 per share on Friday, October 13th. This represents a $0.72 dividend on an annualized basis and a yield of 8.41%. The ex-dividend date is Thursday, September 28th. View Spirit Realty Capital's Dividend History.

How will Spirit Realty Capital's stock buyback program work?

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

How were Spirit Realty Capital's earnings last quarter?

Spirit Realty Capital, Inc. (NYSE:SRC) posted its quarterly earnings data on Thursday, August, 3rd. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.01. The firm had revenue of $168.65 million for the quarter, compared to the consensus estimate of $163.19 million. Spirit Realty Capital had a return on equity of 1.74% and a net margin of 9.47%. The firm's quarterly revenue was down 1.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.22 earnings per share. View Spirit Realty Capital's Earnings History.

When will Spirit Realty Capital make its next earnings announcement?

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Spirit Realty Capital.

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

Spirit Realty Capital updated its FY17 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of $0.80-0.84 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.80.

Where is Spirit Realty Capital's stock going? Where will Spirit Realty Capital's stock price be in 2017?

12 brokerages have issued twelve-month price targets for Spirit Realty Capital's shares. Their predictions range from $8.40 to $13.00. On average, they expect Spirit Realty Capital's share price to reach $10.02 in the next twelve months. View Analyst Ratings for Spirit Realty Capital.

Who are some of Spirit Realty Capital's key competitors?

Some companies that are related to Spirit Realty Capital include Intercontinental Exchange (ICE), Zillow Group (Z), Equity Lifestyle Properties (ELS), W.P. Carey (WPC), MarketAxess Holdings (MKTX), Kilroy Realty Corporation (KRC), Grupo Financiero Galicia S.A. (GGAL), Voya Financial (VOYA), Invitation Home (INVH), Sun Communities (SUI), Apartment Investment and Management Company (AIV), NorthStar Asset Management Group (CLNS), Janus Capital Group (JHG), Brown & Brown (BRO), Forest City Enterprises (FCE-A), Signature Bank (SBNY), Douglas Emmett (DEI) and CIT Group Inc (DEL) (CIT).

How do I buy Spirit Realty Capital stock?

Shares of Spirit Realty Capital can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Spirit Realty Capital's stock price today?

One share of Spirit Realty Capital stock can currently be purchased for approximately $8.56.

MarketBeat Community Rating for Spirit Realty Capital (NYSE SRC)

Community Ranking:		2.4 out of 5 ( )
Outperform Votes:		184 (Vote Outperform)
Underperform Votes:		199 (Vote Underperform)
Total Votes:		383

MarketBeat's community ratings are surveys of what our community members think about Spirit Realty Capital and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Spirit Realty Capital (NYSE:SRC) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	1 Sell Rating, 6 Hold Ratings, 5 Buy Ratings
Consensus Rating:	Hold (Score: 2.33)
Consensus Price Target:	$10.02 (17.02% upside)

Consensus Price Target History for Spirit Realty Capital (NYSE:SRC)

Analysts' Ratings History for Spirit Realty Capital (NYSE:SRC)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
8/31/2017	Mizuho	Upgrade	Neutral -> Buy	$7.50 -> $9.00	High
8/16/2017	Bank of America Corporation	Upgrade	Underperform -> Buy	$6.50 -> $9.75	High
8/4/2017	Ladenburg Thalmann Financial Services	Reiterated Rating	Hold		Medium
8/4/2017	Royal Bank Of Canada	Boost Price Target	Sector Perform -> Sector Perform	$8.00 -> $9.00	Medium
5/9/2017	Morgan Stanley	Downgrade	Overweight -> Equal Weight	$11.50 -> $8.40	High
5/5/2017	Deutsche Bank AG	Reiterated Rating	Buy	$14.00 -> $10.00	Low
5/5/2017	FBR & Co	Boost Price Target	Outperform	$8.00 -> $13.00	High
5/4/2017	Capital One Financial Corporation	Downgrade	Equal Weight -> Underweight		High
5/4/2017	Sandler O'Neill	Downgrade	Buy -> Hold	$13.00 -> $9.00	High
5/4/2017	Janney Montgomery Scott	Downgrade	Buy -> Neutral		High
5/4/2017	J P Morgan Chase & Co	Downgrade	Overweight -> Neutral	$13.00 -> $9.00	High
11/21/2016	Robert W. Baird	Upgrade	Neutral -> Outperform	$13.00	N/A
8/25/2016	BTIG Research	Initiated Coverage	Buy	$15.00	N/A
8/9/2016	Wunderlich	Boost Price Target	Buy	$14.00 -> $15.00	N/A
3/11/2016	Oppenheimer Holdings, Inc.	Upgrade	Market Perform -> Outperform	$12.00	N/A
2/29/2016	Raymond James Financial, Inc.	Downgrade	Outperform -> Market Perform		N/A
12/14/2015	SunTrust Banks, Inc.	Initiated Coverage	Buy	$10.50	N/A

(Data available from 10/17/2015 forward)

Earnings History for Spirit Realty Capital (NYSE:SRC)

Earnings by Quarter for Spirit Realty Capital (NYSE:SRC)

Earnings History by Quarter for Spirit Realty Capital (NYSE SRC)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/31/2017		$0.07					N/A
8/3/2017	Q2 2017	$0.20	$0.21	$163.19 million	$168.65 million	View	Listen
5/3/2017	Q1 2017	$0.22	$0.20	$169.84 million	$163.19 million	View	Listen
2/22/2017	Q416	$0.08	$0.21	$162.91 million	$173.40 million	View	N/A
8/3/2016	Q2	$0.21	$0.22	$164.29 million	$171.70 million	View	N/A
5/4/2016	Q1	$0.21	$0.22	$162.51 million	$168.40 million	View	N/A
2/24/2016	Q415	$0.22	$0.19	$162.45 million	$160.80 million	View	Listen
11/5/2015	Q315	$0.21	$0.21	$162.89 million	$168.43 million	View	N/A
8/6/2015	Q215	$0.20	$0.22	$161.23 million	$167.90 million	View	N/A
5/7/2015	Q214	$0.20	$0.21	$155.20 million	$162.28 million	View	N/A
2/26/2015	Q114	$0.21	$0.20	$152.18 million	$154.00 million	View	N/A
11/3/2014	Q413	$0.21	$0.21	$147.70 million	$152.30 million	View	Listen
8/5/2014	Q2	$0.20	$0.20	$144.16 million	$151.80 million	View	Listen
11/11/2013	Q3	$0.10	$0.19	$127.60 million	$137.10 million	View	Listen
8/8/2013	Q2 2013	$0.19	$0.25	$72.54 million	$72.80 million	View	Listen
5/8/2013	Q113	$0.36	$0.43	$71.27 million		View	Listen
11/7/2012	Q312		$0.60	$69.30 million	$70.70 million	View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Spirit Realty Capital (NYSE:SRC)

2017 EPS Consensus Estimate: $0.83
2018 EPS Consensus Estimate: $0.85

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	3	$0.22	$0.22	$0.22
Q2 2017	4	$0.19	$0.23	$0.21
Q3 2017	4	$0.19	$0.22	$0.20
Q4 2017	4	$0.20	$0.22	$0.21
Q1 2018	3	$0.20	$0.23	$0.21
Q2 2018	3	$0.20	$0.23	$0.21
Q3 2018	3	$0.20	$0.23	$0.21
Q4 2018	3	$0.20	$0.23	$0.21

(Data provided by Zacks Investment Research)

Current Dividend Information for Spirit Realty Capital (NYSE:SRC)

Most Recent Dividend:	10/13/2017
Annual Dividend:	$0.72
Dividend Yield:	8.41%
Dividend Growth:	-15.20% (3 Year Average)
Payout Ratio:	514.29% (Trailing 12 Months of Earnings) 342.86% (Based on This Year's Estimates) 300.00% (Based on Next Year's Estimates)
Track Record:	2 Years of Consecutive Dividend Growth

Dividend Payments by Quarter for Spirit Realty Capital (NYSE:SRC)

Dividend History by Quarter for Spirit Realty Capital (NYSE SRC)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
9/15/2017	quarterly	$0.18	8.24%	9/28/2017	9/29/2017	10/13/2017
6/16/2017	quarterly	$0.18	9.28%	6/28/2017	6/30/2017	7/14/2017
3/16/2017	quarterly	$0.18	7%	3/29/2017	3/31/2017	4/14/2017
12/16/2016	quarterly	$0.18	6.81%	12/28/2016	12/30/2016	1/13/2017
9/15/2016	quarterly	$0.18	5.37%	9/28/2016	9/30/2016	10/14/2016
6/16/2016	quarterly	$0.18	5.81%	6/28/2016	6/30/2016	7/15/2016
3/15/2016	quarterly	$0.18	6.51%	3/29/2016	3/31/2016	4/15/2016
12/16/2015	quarterly	$0.18	6.86%	12/29/2015	12/31/2015	1/15/2016
9/15/2015	quarterly	$0.17	7.39%	9/28/2015	9/30/2015	10/15/2015
6/16/2015	quarterly	$0.17	6.48%	6/26/2015	6/30/2015	7/15/2015
3/17/2015	quarterly	$0.17	5.71%	3/27/2015	3/31/2015	4/15/2015
12/15/2014	quarterly	$0.17	5.88%	12/29/2014	12/31/2014	1/15/2015
9/16/2014	quarterly	$0.17	5.87%	9/26/2014	9/30/2014	10/15/2014
6/16/2014	quarterly	$0.17	5.94%	6/26/2014	6/30/2014	7/15/2014
3/18/2014	quarterly	$0.17	5.95%	3/27/2014	3/31/2014	4/15/2014
12/17/2013	quarterly	$0.17	6.64%	12/27/2013	12/31/2013	1/15/2014
9/6/2013	special	$0.00		9/26/2013	9/30/2013	10/15/2013
6/17/2013	quarterly	$0.31	6.36%	6/26/2013	6/28/2013	7/16/2013
3/14/2013	quarterly	$0.31			3/31/2013	4/16/2013
12/13/2012	quarterly	$0.31		12/27/2012	12/31/2012	1/15/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Spirit Realty Capital (NYSE:SRC)

Insider Ownership Percentage: 0.50%
Institutional Ownership Percentage: 94.51%

Institutional Ownership by Quarter for Spirit Realty Capital (NYSE:SRC)

Insider Trades by Quarter for Spirit Realty Capital (NYSE:SRC)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
8/11/2017	Sheli Z Rosenberg	Director	Buy	1,000	$8.27	$8,270.00
8/10/2017	Todd A Dunn	Director	Buy	14,000	$8.49	$118,860.00
8/8/2017	Phillip D Joseph Jr	CFO	Buy	6,061	$8.25	$50,003.25
8/7/2017	Phillip D Joseph Jr	CFO	Buy	3,636	$8.25	$29,997.00
6/5/2017	Jackson Hsieh	Insider	Buy	13,400	$7.45	$99,830.00
6/2/2017	Phillip D Joseph Jr	CFO	Buy	6,700	$7.47	$50,049.00
5/24/2017	Boyd Messmann	EVP	Buy	10,000	$7.19	$71,900.00
5/24/2017	Jackson Hsieh	Insider	Buy	13,700	$7.27	$99,599.00
12/1/2016	Thomas H Nolan Jr	CEO	Sell	15,000	$10.44	$156,600.00
11/15/2016	Jackson Hsieh	Insider	Buy	9,500	$10.62	$100,890.00
11/10/2016	Phillip D Joseph Jr	CFO	Buy	2,516	$10.75	$27,047.00
9/1/2016	Thomas H Nolan Jr	CEO	Sell	15,000	$13.23	$198,450.00
6/1/2016	Thomas H Nolan Jr	CEO	Sell	15,000	$11.48	$172,200.00
2/1/2016	Thomas H Nolan Jr	CEO	Sell	12,500	$10.50	$131,250.00
1/28/2016	Michael Bender	insider	Sell	28,683	$10.18	$291,992.94
12/17/2015	Michael Bender	Insider	Sell	26,686	$10.14	$270,596.04
9/16/2015	Gregg A Seibert	EVP	Buy	4,300	$9.26	$39,818.00
9/1/2015	Phillip D Joseph Jr	CFO	Buy	3,553	$9.40	$33,398.20
5/1/2015	Thomas H Nolan Jr	CEO	Sell	12,500	$11.35	$141,875.00
4/1/2015	Thomas H Nolan Jr	CEO	Sell	12,500	$12.12	$151,500.00
12/22/2014	Christopher James Berlet	Insider	Sell	40,000	$0.21	$8,200.00
5/23/2014	Kevin M Charlton	Director	Buy	4,500	$11.24	$50,580.00

(Data available from 1/1/2013 forward)

Headline Trends for Spirit Realty Capital (NYSE:SRC) Latest Headlines for Spirit Realty Capital (NYSE:SRC)

Source:

Date	Headline
	Spirit Realty Capital, Inc. Schedules Third Quarter 2017 Earnings Release and Conference Call - PR Newswire (press release) www.prnewswire.com - October 12 at 9:48 AM
	Spirit Realty Capital, Inc. Schedules Third Quarter 2017 Earnings Release and Conference Call finance.yahoo.com - October 12 at 9:48 AM
	Spirit Realty Capital, Inc. : SRC-US: Dividend Analysis : September 29th, 2017 (record date) : By the numbers : October 12, 2017 finance.yahoo.com - October 12 at 9:48 AM
	Spirit Realty Capital, Inc. (SRC) Rating Increased to Buy at Zacks Investment Research www.americanbankingnews.com - October 12 at 8:02 AM
	Spirit Realty Capital, Inc. breached its 50 day moving average in a Bearish Manner : SRC-US : October 9, 2017 finance.yahoo.com - October 10 at 7:04 AM
	Spirit Realty Capital, Inc (SRC) Given Average Rating of "Hold" by Analysts www.americanbankingnews.com - October 8 at 4:42 PM
	Spirit Realty Announces Closing of Series A Preferred Stock Offering and Exercise of Over-Allotment Option in Full finance.yahoo.com - October 6 at 12:25 PM
	Analysts Anticipate Spirit Realty Capital, Inc. (SRC) Will Post Quarterly Sales of $161.85 Million www.americanbankingnews.com - October 6 at 8:04 AM
	How These REIT Stocks are Performing? -- Annaly Capital Management, New Senior ... www.prnewswire.com - October 3 at 12:53 PM
	How These REIT Stocks are Performing? -- Annaly Capital Management, New Senior ... www.prnewswire.com - October 3 at 12:53 PM
	Spirit Realty Still Spooks Me seekingalpha.com - October 2 at 9:15 AM
	BRIEF-Spirit Realty announces pricing of preferred stock offering www.reuters.com - September 27 at 4:52 PM
	Spirit Realty Announces Pricing of Preferred Stock Offering finance.yahoo.com - September 27 at 4:52 PM
	Spirit Realty Capital, Inc. (SRC) Ex-Dividend Date Scheduled for September 28 ... www.nasdaq.com - September 27 at 4:52 PM
	Spirit Realty - 6% For Stability seekingalpha.com - September 27 at 4:52 PM
	Why Spirit Realty Capital Is a Top 10 REIT Stock With 8.42% Yield (SRC) www.nasdaq.com - September 23 at 8:21 AM
	Spirit Realty Capital, Inc. Forecasted to Post FY2017 Earnings of $0.82 Per Share (SRC) www.americanbankingnews.com - September 20 at 7:40 AM
	$160.65 Million in Sales Expected for Spirit Realty Capital, Inc. (SRC) This Quarter www.americanbankingnews.com - September 17 at 3:54 AM
	Spirit Realty Capital, Inc. to Issue Quarterly Dividend of $0.18 (SRC) www.americanbankingnews.com - September 15 at 5:52 PM
	Spirit Realty Capital, Inc. (SRC) Expected to Announce Earnings of $0.20 Per Share www.americanbankingnews.com - September 15 at 4:24 PM
	Spirit Realty: Wait For The Split seekingalpha.com - September 15 at 9:16 AM
	Spirit Realty Capital, Inc. (SRC) Receives Consensus Recommendation of "Hold" from Analysts www.americanbankingnews.com - September 13 at 6:43 PM
	Stocks Under Scanner in the REIT Space -- Spirit Realty Capital, VEREIT ... www.prnewswire.com - September 2 at 9:02 AM
	Spirit Realty Capital, Inc. (SRC) Lifted to Buy at Mizuho www.americanbankingnews.com - August 31 at 12:34 PM
	Spirit Realty Capital, Inc. (SRC) Expected to Post Quarterly Sales of $160.65 Million www.americanbankingnews.com - August 30 at 7:22 PM
	$0.20 EPS Expected for Spirit Realty Capital, Inc. (SRC) This Quarter www.americanbankingnews.com - August 28 at 4:24 AM
	Spirit Realty Capital, Inc. (SRC) Receives Average Recommendation of "Hold" from Analysts www.americanbankingnews.com - August 19 at 4:46 PM
	Spirit Realty Capital (SRC) to Buyback $250.00 million in Shares www.americanbankingnews.com - August 16 at 11:32 AM
	Spirit Realty Capital, Inc. (SRC) Upgraded at Bank of America Corporation www.americanbankingnews.com - August 16 at 8:56 AM
	Short Interest in Spirit Realty Capital, Inc. (SRC) Decreases By 22.5% www.americanbankingnews.com - August 16 at 1:30 AM
	Spirit Realty Capital, Inc. Announces New $250 Million Stock Repurchase Program And Further Enhances Corporate Governance finance.yahoo.com - August 15 at 7:14 AM
	See what the IHS Markit Score report has to say about Spirit Realty Capital Inc. finance.yahoo.com - August 14 at 5:44 AM
	Spirit Realty Capital, Inc. (NYSE:SRC) Director Todd A. Dunn Buys 14,000 Shares www.americanbankingnews.com - August 11 at 8:22 PM
	Insider Buying: Spirit Realty Capital, Inc. (NYSE:SRC) CFO Purchases 3,636 Shares of Stock www.americanbankingnews.com - August 9 at 9:50 PM
	Spirit Realty Capital, Inc. (NYSE:SRC) CFO Buys $50,003.25 in Stock www.americanbankingnews.com - August 9 at 9:32 PM
	BRIEF-Spirit Realty Capital announces plan for leveraged spin-off www.reuters.com - August 5 at 7:17 AM
	Spirit Realty Capital, Inc. (SRC) Posts Earnings Results www.americanbankingnews.com - August 4 at 6:14 PM
	Spirit Realty Capital's (SRC) Hold Rating Reiterated at Ladenburg Thalmann Financial Services www.americanbankingnews.com - August 4 at 1:04 PM
	Spirit Realty Capital, Inc. (SRC) Price Target Increased to $9.00 by Analysts at Royal Bank Of Canada www.americanbankingnews.com - August 4 at 9:28 AM
	Investor Network: Spirit Realty Capital, Inc. to Host Earnings Call finance.yahoo.com - August 4 at 8:31 AM
	Spirit Realty Capital, Inc. Announces Second Quarter 2017 Financial and Operating Results finance.yahoo.com - August 4 at 8:31 AM
	Spirit Realty Capital, Inc. Announces Plan for a Leveraged Spin-Off finance.yahoo.com - August 4 at 8:31 AM
	Edited Transcript of SRC earnings conference call or presentation 3-Aug-17 9:00pm GMT finance.yahoo.com - August 4 at 8:31 AM
	Spirit Realty Capital, Inc. (NYSE:SRC) Releases FY17 Earnings Guidance www.americanbankingnews.com - August 3 at 7:26 PM
	Reviewing W.P. Carey (WPC) & Spirit Realty Capital (SRC) www.americanbankingnews.com - July 31 at 8:27 PM
	Head to Head Contrast: W.P. Carey (WPC) vs. Spirit Realty Capital (SRC) www.americanbankingnews.com - July 29 at 12:25 AM
	ETFs with exposure to Spirit Realty Capital, Inc. : July 25, 2017 finance.yahoo.com - July 26 at 8:14 AM
	Spirit Realty Capital, Inc (SRC) Given Average Recommendation of "Hold" by Brokerages www.americanbankingnews.com - July 25 at 6:45 PM
	Spirit Realty Capital, Inc. (NYSE:SRC) to Release Quarterly Earnings on Tuesday www.americanbankingnews.com - July 25 at 7:42 AM
	Spirit Realty Capital (NYSE:SRC) & Lamar Advertising (LAMR) Critical Analysis www.americanbankingnews.com - July 23 at 7:50 AM