NYSE:SRCSpirit Realty Capital Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Spirit Realty Capital Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $28.96 -0.79 (-2.66 %) (As of 05/29/2020 10:23 AM ET) Add Compare Share Today's Range$28.38Now: $28.96▼$29.4850-Day Range$24.70MA: $28.02▼$31.1052-Week Range$18.37Now: $28.96▼$54.63Volume108,129 shsAverage Volume848,833 shsMarket Capitalization$2.98 billionP/E Ratio24.13Dividend Yield8.05%Beta1.12 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 December 31, 2018, our diversified portfolio was comprised of 1,514 properties, including properties securing mortgage loans made by the Company. Our properties, with an aggregate gross leasable area of approximately 28.6 million square feet, are leased to 252 tenants across 49 states and 32 industries.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingSpirit Realty Capital has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $45.33, Spirit Realty Capital has a potential upside of 56.5% from its current price of $28.96.Amount of Analyst CoverageSpirit Realty Capital has only been the subject of 3 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesSpirit Realty Capital has received 340 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSpirit Realty Capital has received 392 “underperform” votes. (Add your “underperform” vote.)Community SentimentSpirit Realty Capital has received 53.55% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipSpirit Realty Capital is a leading dividend payer. It pays a dividend yield of 8.05%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSpirit Realty Capital does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Spirit Realty Capital is 74.85 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Spirit Realty Capital will have a dividend payout ratio of 87.72 % in the coming year. This indicates that Spirit Realty Capital may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Spirit Realty Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $363,937.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.92% of the stock of Spirit Realty Capital is held by insiders.Percentage Held by Institutions94.11% of the stock of Spirit Realty Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Spirit Realty Capital are expected to grow by 19.75% in the coming year, from $2.38 to $2.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Spirit Realty Capital is 24.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Spirit Realty Capital is 24.13, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.19.Price to Book Value per Share RatioSpirit Realty Capital has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.65 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Nonresidential building operators Sub-IndustryDiversified REITs SectorFinance Current SymbolNYSE:SRC Previous Symbol CUSIP84860F10 CIK1308606 Webwww.spiritrealty.com Phone972-476-1900Debt Debt-to-Equity Ratio0.80 Current Ratio1.99 Quick Ratio1.99Price-To-Earnings Trailing P/E Ratio24.13 Forward P/E Ratio12.17 P/E GrowthN/A Sales & Book Value Annual Sales$516.43 million Price / Sales5.77 Cash Flow$3.41 per share Price / Cash Flow8.49 Book Value$30.92 per share Price / Book0.94Profitability EPS (Most Recent Fiscal Year)$3.34 Net Income$175.27 million Net Margins22.00% Return on Equity3.75% Return on Assets2.02%Miscellaneous Employees89 Outstanding Shares102,940,000Market Cap$2.98 billion Next Earnings Date8/5/2020 (Estimated) OptionableOptionable SRC Rates by TradingView Receive SRC News and Ratings via Email Sign-up to receive the latest news and ratings for SRC and its competitors with MarketBeat's FREE daily newsletter. Spirit Realty Capital (NYSE:SRC) Frequently Asked Questions How has Spirit Realty Capital's stock been impacted by COVID-19 (Coronavirus)? Spirit Realty Capital's stock was trading at $40.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SRC shares have decreased by 28.5% and is now trading at $28.96. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Spirit Realty Capital? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Spirit Realty Capital. When is Spirit Realty Capital's next earnings date? Spirit Realty Capital is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Spirit Realty Capital. How were Spirit Realty Capital's earnings last quarter? Spirit Realty Capital Inc (NYSE:SRC) issued its quarterly earnings data on Tuesday, May, 5th. The real estate investment trust reported ($0.18) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.75 by $0.93. The real estate investment trust earned $121.36 million during the quarter, compared to analysts' expectations of $122.40 million. Spirit Realty Capital had a net margin of 22.00% and a return on equity of 3.75%. During the same quarter last year, the business earned $0.86 EPS. View Spirit Realty Capital's earnings history. How often does Spirit Realty Capital pay dividends? What is the dividend yield for Spirit Realty Capital? Spirit Realty Capital declared a quarterly dividend on Tuesday, March 3rd. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.625 per share on Wednesday, April 15th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 8.63%. The ex-dividend date of this dividend is Monday, March 30th. View Spirit Realty Capital's dividend history. When did Spirit Realty Capital's stock split? How did Spirit Realty Capital's stock split work? Shares of Spirit Realty Capital 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. What guidance has Spirit Realty Capital issued on next quarter's earnings? Spirit Realty Capital updated its first quarter earnings guidance on Monday, April, 13th. The company provided EPS guidance of $0.77-0.79 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.74. What price target have analysts set for SRC? 7 Wall Street analysts have issued 12-month target prices for Spirit Realty Capital's shares. Their forecasts range from $31.00 to $56.00. On average, they anticipate Spirit Realty Capital's share price to reach $45.33 in the next twelve months. This suggests a possible upside of 56.5% from the stock's current price. View analysts' price targets for Spirit Realty Capital. Has Spirit Realty Capital been receiving favorable news coverage? Media stories about SRC stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Spirit Realty Capital earned a media sentiment score of -4.8 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutSpirit Realty Capital. Who are some of Spirit Realty Capital's key competitors? Some companies that are related to Spirit Realty Capital include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), PS Business Parks (PSB), Lexington Realty Trust (LXP), Washington Real Estate Investment Trust (WRE), American Assets Trust (AAT), Investors Real Estate Trust Reit (IRET), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO). View all competitors. What other stocks do shareholders of Spirit Realty Capital own? Based on aggregate information from My MarketBeat watchlists, some companies that other Spirit Realty Capital investors own include ANNALY CAP MGMT/SH (NLY), AT&T (T), Medical Properties Trust (MPW), New Residential Investment (NRZ), Omega Healthcare Investors (OHI), Two Harbors Investment (TWO), Vereit (VER), Enterprise Products Partners (EPD), AGNC Investment (AGNC) and Energy Transfer LP Unit (ET). Who are Spirit Realty Capital's key executives? Spirit Realty Capital's management team includes the following people: Mr. Jackson Hsieh, Pres, CEO & Director (Age 58)Mr. Michael C. Hughes, Exec. VP & CFO (Age 44)Mr. Jay A. Young, Exec. VP, Gen. Counsel & Sec. (Age 49)Mr. Kenneth Heimlich, Exec. VP & Head of Asset Management (Age 53)Mr. Prakash J. Parag, Sr. VP & Chief Accounting Officer (Age 44) What is Spirit Realty Capital's stock symbol? Spirit Realty Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "SRC." Who are Spirit Realty Capital's major shareholders? Spirit Realty Capital's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (3.70%), Massachusetts Financial Services Co. MA (2.81%), Cbre Clarion Securities LLC (1.30%), Janus Henderson Group PLC (1.14%), Geode Capital Management LLC (1.13%) and Robeco Institutional Asset Management B.V. (1.02%). Company insiders that own Spirit Realty Capital stock include Jackson Hsieh, Jay Young, Kenneth Heimlich and Michael C Hughes. 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 Wells Fargo & Company MN, Geode Capital Management LLC, Mackenzie Financial Corp, UBS Group AG, Two Sigma Investments LP, WINTON GROUP Ltd, Principal Financial Group Inc., and Parametric Portfolio Associates LLC. View insider buying and selling activity for Spirit Realty Capital. Which major investors are buying Spirit Realty Capital stock? SRC stock was acquired by a variety of institutional investors in the last quarter, including Cbre Clarion Securities LLC, Massachusetts Financial Services Co. MA, State Street Corp, Janus Henderson Group PLC, Timbercreek Investment Management Inc., Virginia Retirement Systems ET AL, Two Sigma Advisers LP, and Sumitomo Mitsui Trust Holdings Inc.. Company insiders that have bought Spirit Realty Capital stock in the last two years include Jackson Hsieh, Jay Young, Kenneth Heimlich, and Michael C Hughes. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Spirit Realty Capital's stock price today? One share of SRC stock can currently be purchased for approximately $28.96. How big of a company is Spirit Realty Capital? Spirit Realty Capital has a market capitalization of $2.98 billion and generates $516.43 million in revenue each year. The real estate investment trust earns $175.27 million in net income (profit) each year or $3.34 on an earnings per share basis. Spirit Realty Capital employs 89 workers across the globe. What is Spirit Realty Capital's official website? The official website for Spirit Realty Capital is 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] This page was last updated on 5/29/2020 by MarketBeat.com Staff
