NYSE:SRC - Spirit Realty Capital Stock Price, News, & Analysis

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$40.47 +0.68 (+1.71 %)
(As of 02/18/2019 03:09 PM ET)
Previous Close$39.79
Today's Range$39.67 - $40.47
52-Week Range$33.86 - $44.20
Volume806,507 shs
Average Volume876,450 shs
Market Capitalization$3.47 billion
P/E Ratio9.52
Dividend Yield6.28%
Beta0.54
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 September 30, 2018, our diversified portfolio was comprised of 1,523 properties, including properties securing mortgage loans made by the Company. Our properties, with an aggregate gross leasable area of approximately 28.7 million square feet, are leased to approximately 252 tenants across 49 states and 32 industries.

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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$668.96 million
Cash Flow$3.9951 per share
Book Value$34.58 per share

Profitability

Net Income$77.14 million

Miscellaneous

Employees87
Market Cap$3.47 billion
OptionableOptionable

Spirit Realty Capital (NYSE:SRC) Frequently Asked Questions

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 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 1.24%. The ex-dividend date is Friday, December 28th. 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.

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

Spirit Realty Capital declared that its Board of Directors has authorized a share repurchase program on Wednesday, August 16th 2017, which authorizes the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 6.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

How were Spirit Realty Capital's earnings last quarter?

Spirit Realty Capital Inc (NYSE:SRC) released its earnings results on Tuesday, May, 1st. The real estate investment trust reported $0.30 EPS for the quarter, meeting the consensus estimate of $0.30. The real estate investment trust earned $165.30 million during the quarter, compared to analyst estimates of $165.12 million. Spirit Realty Capital had a net margin of 20.95% and a return on equity of 4.27%. The company's revenue was down .1% on a year-over-year basis. During the same period last year, the business earned $1.00 EPS. View Spirit Realty Capital's Earnings History.

When is Spirit Realty Capital's next earnings date?

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Spirit Realty Capital.

How can I listen to Spirit Realty Capital's earnings call?

Spirit Realty Capital will be holding an earnings conference call on Thursday, February 21st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774079208.

What price target have analysts set for SRC?

6 equities research analysts have issued 1 year price targets for Spirit Realty Capital's stock. 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 year. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for Spirit Realty Capital.

What is the consensus analysts' recommendation 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.

Has Spirit Realty Capital been receiving favorable news coverage?

News articles about SRC stock have trended somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing 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 nearest to five being the most favorable. Spirit Realty Capital earned a news impact score of 1.6 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.

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

Who are Spirit Realty Capital's key executives?

Spirit Realty Capital's management team includes the folowing people:
  • Mr. Jay A. Young, Exec. VP, Gen. Counsel & Sec. (Age 49)
  • Mr. Jackson Hsieh, Pres, CEO & Director (Age 58)
  • Mr. Michael C. Hughes, Exec. VP & CFO (Age 44)
  • Mr. Prakash J. Parag, Sr. VP & Chief Accounting Officer (Age 44)
  • Mr. Pierre Revol, VP of Strategic Planning & Investor Relations

Who are Spirit Realty Capital's major shareholders?

Spirit Realty Capital's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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.

Which major investors are selling Spirit Realty Capital stock?

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.

Which major investors are buying Spirit Realty Capital stock?

SRC stock was purchased 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.

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, Scottrade, Fidelity and Charles Schwab.

What is Spirit Realty Capital's stock price today?

One share of SRC stock can currently be purchased for approximately $40.47.

How big of a company is Spirit Realty Capital?

Spirit Realty Capital has a market capitalization of $3.47 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.

What is Spirit Realty Capital's official website?

The official website for Spirit Realty Capital is http://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]


MarketBeat Community Rating for Spirit Realty Capital (NYSE SRC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  295 (Vote Outperform)
Underperform Votes:  337 (Vote Underperform)
Total Votes:  632
MarketBeat's community ratings are surveys of what our community members think about Spirit Realty Capital and other stocks. Vote "Outperform" if you believe SRC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SRC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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