NYSE:SRC - Spirit Realty Capital Stock Price, Price Target & More

Spirit Realty Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "SRC."

Spirit Realty Capital declared a quarterly dividend on Tuesday, June 5th. Stockholders of record on Friday, June 29th will be given a dividend of $0.18 per share on Friday, July 13th. This represents a $0.72 annualized dividend and a dividend yield of 8.74%. The ex-dividend date of this dividend is Thursday, June 28th. View Spirit Realty Capital's Dividend History.

Spirit Realty Capital announced that its board has initiated a share repurchase plan on Wednesday, August 16th 2017, which authorizes the company to buyback $250,000,000.00 in outstanding 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 a sign that the company's leadership believes its shares are undervalued.

Spirit Realty Capital Inc (NYSE:SRC) released its quarterly earnings results on Tuesday, May, 1st. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. The real estate investment trust earned $165.30 million during the quarter, compared to analysts' expectations of $165.12 million. Spirit Realty Capital had a net margin of 14.21% and a return on equity of 3.53%. The company's revenue was down .1% on a year-over-year basis. During the same period in the prior year, the business posted $0.20 EPS. View Spirit Realty Capital's Earnings History.

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Spirit Realty Capital.

13 analysts have issued twelve-month price targets for Spirit Realty Capital's shares. Their forecasts range from $8.00 to $11.00. On average, they anticipate Spirit Realty Capital's stock price to reach $9.0278 in the next year. View Analyst Ratings for Spirit Realty Capital.

Spirit Realty Capital saw a decrease in short interest in the month of May. As of May 15th, there was short interest totalling 6,802,821 shares, a decrease of 40.6% from the April 30th total of 11,452,463 shares. Based on an average daily volume of 7,213,047 shares, the short-interest ratio is presently 0.9 days. Approximately 1.6% of the shares of the company are short sold. 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).

News headlines about SRC stock have been trending somewhat positive on Friday, Accern reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Spirit Realty Capital earned a media sentiment score of 0.11 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 48.19 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Spirit Realty Capital's stock is owned by a number of of retail and institutional investors. Top institutional investors include Scopia Capital Management LP (6.91%), Principal Financial Group Inc. (3.57%), Principal Financial Group Inc. (3.57%), Long Pond Capital LP (3.14%), Prudential Financial Inc. (2.84%) and V3 Capital Management L.P. (2.43%). Company insiders that own Spirit Realty Capital stock include Boyd Messmann, Jackson Hsieh, Kenneth Heimlich, Phillip D Joseph Jr, Richard I Gilchrist, Sheli Z Rosenberg, Thomas H Nolan Jr, Thomas D Senkbeil, Thomas H Nolan Jr 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 Millennium Management LLC, Long Pond Capital LP, Prudential Financial Inc., Guggenheim Capital LLC, A.R.T. Advisors LLC, Blair William & Co. IL, BNP Paribas Arbitrage SA and Asset Management One Co. Ltd.. View Insider Buying and Selling for Spirit Realty Capital.

SRC stock was bought by a variety of institutional investors in the last quarter, including HG Vora Capital Management LLC, Scopia Capital Management LP, LSV Asset Management, Thompson Siegel & Walmsley LLC, V3 Capital Management L.P., Global X Management Co. LLC, MD Sass Investors Services Inc. and Tricadia Capital Management LLC. Company insiders that have bought Spirit Realty Capital stock in the last two years include Boyd Messmann, Jackson Hsieh, Kenneth Heimlich, 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 $8.24.

Spirit Realty Capital has a market capitalization of $3.54 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 $0.85 on an earnings per share basis. Spirit Realty Capital employs 87 workers across the globe.

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]