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 Tuesday, March 5th. Stockholders of record on Friday, March 29th will be given a dividend of $0.625 per share on Monday, April 15th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 6.76%. The ex-dividend date is Thursday, March 28th. This is a boost from Spirit Realty Capital's previous quarterly dividend of $0.13. View Spirit Realty Capital's Dividend History.

Shares of Spirit Realty Capital reverse split before market open 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.

Spirit Realty Capital declared that its board has initiated a stock buyback program on Wednesday, August 16th 2017, which allows the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 6.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its stock is undervalued.

Spirit Realty Capital Inc (NYSE:SRC) issued its quarterly earnings results on Wednesday, February, 20th. The real estate investment trust reported $0.84 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.80 by $0.04. The real estate investment trust earned $129.48 million during the quarter, compared to analyst estimates of $107.01 million. Spirit Realty Capital had a return on equity of 5.16% and a net margin of 26.05%. Spirit Realty Capital's revenue for the quarter was up 20.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.06 earnings per share. View Spirit Realty Capital's Earnings History.

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Spirit Realty Capital.

Spirit Realty Capital issued an update on its FY19 earnings guidance on Wednesday, February, 20th. The company provided EPS guidance of $3.32-3.38 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.29.

5 equities research analysts have issued 1-year target prices for Spirit Realty Capital's shares. Their predictions range from $40.00 to $42.00. On average, they expect Spirit Realty Capital's share price to reach $40.6667 in the next year. This suggests a possible upside of 9.9% from the stock's current price. View Analyst Price Targets for Spirit Realty Capital.

5 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Spirit Realty Capital.

News headlines about SRC stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Spirit Realty Capital earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Spirit Realty Capital investors own include Medical Properties Trust (MPW), WP Carey (WPC), New Residential Investment (NRZ), AT&T (T), Vereit (VER), Omega Healthcare Investors (OHI), Energy Transfer LP Unit (ET), Ventas (VTR), ARBOR RLTY TR I/SH (ABR) and Realty Income (O).

Spirit Realty Capital's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (10.35%), Principal Financial Group Inc. (5.69%), Prudential Financial Inc. (2.47%), Geode Capital Management LLC (1.87%), Geode Capital Management LLC (1.87%) and Dimensional Fund Advisors LP (1.71%). 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 FMR LLC, Principal Financial Group Inc., Dimensional Fund Advisors LP, Geode Capital Management LLC, Geode Capital Management LLC, LSV Asset Management, Prudential Financial Inc. and Cohen & Steers Inc.. View Insider Buying and Selling for Spirit Realty Capital.

SRC stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Norges Bank, Duff & Phelps Investment Management Co., Millennium Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, Canada Pension Plan Investment Board, American Century Companies Inc. and Hsbc Holdings PLC. 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 $37.00.

Spirit Realty Capital has a market capitalization of $3.18 billion and generates $445.13 million in revenue each year. The real estate investment trust earns $132.05 million in net income (profit) each year or $3.78 on an earnings per share basis.

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]