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, June 5th. Investors of record on Friday, June 29th will be paid a dividend of $0.18 per share on Friday, July 13th. This represents a $0.72 annualized dividend and a dividend yield of 8.52%. The ex-dividend date is Thursday, June 28th. View Spirit Realty Capital's Dividend History.

Spirit Realty Capital declared that its board has authorized a share repurchase plan on Wednesday, August 16th 2017, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.5% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its shares are undervalued.

Spirit Realty Capital Inc (NYSE:SRC) posted its earnings results on Tuesday, May, 1st. The real estate investment trust reported $0.06 EPS for the quarter, hitting analysts' consensus estimates 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 14.77% and a return on equity of 3.42%. The firm's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.20 earnings per share. View Spirit Realty Capital's Earnings History.

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

12 analysts have issued 12 month target prices for Spirit Realty Capital's stock. Their forecasts range from $8.00 to $11.00. On average, they anticipate Spirit Realty Capital's stock price to reach $9.0313 in the next year. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Price Targets for Spirit Realty Capital.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Spirit Realty Capital.

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).

Media stories about SRC stock have been trending somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Spirit Realty Capital earned a news impact score of 0.22 on Accern's scale. They also gave news articles about the real estate investment trust an impact score of 49.31 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Spirit Realty Capital.

Spirit Realty Capital's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (12.95%), Scopia Capital Management LP (5.67%), V3 Capital Management L.P. (1.92%), Renaissance Technologies LLC (1.87%), LSV Asset Management (1.57%) and Monarch Alternative Capital LP (1.25%). 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 Scopia Capital Management LP, Thompson Siegel & Walmsley LLC, V3 Capital Management L.P., Tricadia Capital Management LLC, Millennium Management LLC, Monarch Alternative Capital LP, Highland Capital Management LP and Virginia Retirement Systems ET AL. View Insider Buying and Selling for Spirit Realty Capital.

SRC stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, LSV Asset Management, Janus Henderson Group PLC, Water Island Capital LLC, Chicago Equity Partners LLC, American Century Companies Inc. and Schwab Charles Investment Management Inc.. 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 $8.45.

Spirit Realty Capital has a market capitalization of $3.63 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]