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 dividend on an annualized basis and a dividend yield of 1.32%. 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 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 declared that its board has initiated a stock buyback program 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 buy up to 6.5% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its shares are undervalued.

Spirit Realty Capital Inc (NYSE:SRC) released its earnings results on Monday, November, 5th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.25 by $0.05. The real estate investment trust had revenue of $109.64 million for the quarter, compared to analysts' expectations of $101.43 million. Spirit Realty Capital had a net margin of 20.95% and a return on equity of 4.27%. The firm's quarterly revenue was up .8% on a year-over-year basis. During the same quarter last year, the firm earned $1.05 earnings per share. 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 earnings per share (EPS) guidance of $0.75-0.76 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.73. Spirit Realty Capital also updated its FY 2018 guidance to $0.75-0.76 EPS.

8 analysts have issued 12-month target prices for Spirit Realty Capital's stock. Their predictions range from $40.00 to $41.25. On average, they expect Spirit Realty Capital's share price to reach $40.4167 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price. View Analyst Price Targets for Spirit Realty Capital.

8 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Spirit Realty Capital.

Headlines about SRC stock have trended very positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news 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 coverage optimism score of 3.2 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Spirit Realty Capital saw a drop in short interest in December. As of December 14th, there was short interest totalling 1,557,356 shares, a drop of 76.6% from the November 30th total of 6,644,302 shares. Based on an average trading volume of 2,371,388 shares, the short-interest ratio is currently 0.7 days. Currently, 1.8% of the company's stock are sold short. View Spirit Realty Capital's Current Options Chain.

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).

Spirit Realty Capital's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Copper Rock Capital Partners LLC (0.62%), Pensionfund DSM Netherlands (0.05%), State of Alaska Department of Revenue (0.04%), Boston Advisors LLC (0.04%), Bank of Montreal Can (0.03%) and Pensionfund Sabic (0.02%). 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 Copper Rock Capital Partners LLC, Boston Advisors LLC, Pensionfund DSM Netherlands, State of Alaska Department of Revenue, Pensionfund Sabic, Nisa Investment Advisors LLC, Spirit of America Management Corp NY and QCI Asset Management Inc. NY. View Insider Buying and Selling for Spirit Realty Capital.

SRC stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can. 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 $37.76.

Spirit Realty Capital has a market capitalization of $3.24 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]