Positive News Sentiment NYSE:SRC Spirit Realty Capital - SRC Stock Forecast, Price & News Adding Choose a watchlist: 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. $43.36 -0.19 (-0.44%) (As of 02/7/2023 09:47 AM ET) Add Compare Share Share Today's Range$42.94▼$43.8250-Day Range$39.67▼$43.8852-Week Range$34.31▼$48.24Volume10,058 shsAverage Volume657,342 shsMarket Capitalization$6.06 billionP/E Ratio22.82Dividend Yield6.11%Price Target$43.78 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Spirit Realty Capital MarketRank™ ForecastAnalyst RatingHold2.22 Rating ScoreUpside/Downside0.5% Upside$43.78 Price TargetShort InterestHealthy1.47% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-3.38Upright™ Environmental ScoreNews Sentiment1.84Based on 2 Articles This WeekInsider TradingAcquiring Shares$251,460 Bought Last QuarterProj. Earnings Growth1.74%From $3.44 to $3.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.09 out of 5 starsFinance Sector563rd out of 850 stocksNonresidential Building Operators Industry3rd out of 4 stocks 1.1 Analyst's Opinion Consensus RatingSpirit Realty Capital has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 2 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $43.78, Spirit Realty Capital has a forecasted upside of 0.5% from its current price of $43.55.Amount of Analyst CoverageSpirit Realty Capital has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.47% of the outstanding shares of Spirit Realty Capital have been sold short.Short Interest Ratio / Days to CoverSpirit Realty Capital has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Spirit Realty Capital has recently increased by 17.14%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipSpirit Realty Capital is a leading dividend payer. It pays a dividend yield of 6.11%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSpirit Realty Capital has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Spirit Realty Capital is 139.47%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Spirit Realty Capital will have a dividend payout ratio of 75.71% in the coming year. This indicates that Spirit Realty Capital may not be able to sustain their current dividend. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSpirit Realty Capital has received a 1.26% net impact score from Upright. Spirit Realty Capital seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Real estate funds investing in retail stores", "Real estate funds investing in industrial, logistics and warehousing buildings", and "Real estate funds investing in office buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for Spirit Realty Capital is -3.38. Previous Next 3.8 News and Social Media Coverage News SentimentSpirit Realty Capital has a news sentiment score of 1.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Spirit Realty Capital this week, compared to 2 articles on an average week.Search Interest6 people have searched for SRC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows4 people have added Spirit Realty Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 3.3 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 $251,460.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.58% of the stock of Spirit Realty Capital is held by insiders.Percentage Held by Institutions93.01% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Spirit Realty Capital are expected to grow by 1.74% in the coming year, from $3.44 to $3.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Spirit Realty Capital is 22.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Spirit Realty Capital is 22.92, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 183.56.Price to Earnings Growth RatioSpirit Realty Capital has a PEG Ratio of 6.48. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSpirit Realty Capital has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Spirit Realty Capital (NYSE:SRC) StockSpirit Realty Capital, Inc. operates as a holding company. Its in-house capabilities include acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting and capital markets. The company was founded on August 14, 2003, and is headquartered in Dallas, TX.Read More Receive SRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Spirit Realty Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address SRC Stock News HeadlinesJanuary 24, 2023 | msn.comSpirit Realty Capital declares $0.663 dividendJanuary 9, 2023 | seekingalpha.comLike Passive Income? Buy Spirit Realty Capital's 6.6% YieldFebruary 7, 2023 | Investing Trends (Ad)Apple, Amazon, and Walmart are Investing in Solar EnergyThe global market for solar energy is expected to be worth an astronomical $1 trillion by the end of 2028, with increasing adoption of solar by commercial, non-profit, and public entities. Even Fortune 500 companies such as Apple, Amazon, and Walmart are investing in solar to help save money over the long term. So it's little wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.December 22, 2022 | finance.yahoo.comSpirit Realty Capital, Inc. (NYSE:SRC) On An Uptrend: Could Fundamentals Be Driving The Stock?December 19, 2022 | markets.businessinsider.comRaymond James Keeps Their Buy Rating on Spirit Realty Capital (SRC)December 17, 2022 | finance.yahoo.comSpirit Realty Capital, Inc. (SRC-PA)December 1, 2022 | seekingalpha.comSpirit Realty: Up, Up, And AwayNovember 24, 2022 | finance.yahoo.comShould You Now Consider Buying Spirit Realty Capital (SRC) Shares?February 7, 2023 | Investing Trends (Ad)Apple, Amazon, and Walmart are Investing in Solar EnergyThe global market for solar energy is expected to be worth an astronomical $1 trillion by the end of 2028, with increasing adoption of solar by commercial, non-profit, and public entities. Even Fortune 500 companies such as Apple, Amazon, and Walmart are investing in solar to help save money over the long term. So it's little wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.November 18, 2022 | finance.yahoo.comSpirit Realty Capital, Inc. Announces Closing of $500.0 Million Unsecured Term Loan FacilityNovember 14, 2022 | marketwatch.comSpirit Realty Capital downgraded to neutral from buy at BofA SecuritiesNovember 10, 2022 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Welltower (WELL) and Spirit Realty Capital (SRC)November 9, 2022 | seekingalpha.comSpirit Realty Capital, Inc. (SRC) Q3 2022 Earnings Call TranscriptNovember 8, 2022 | finance.yahoo.comSpirit Realty (SRC) Surpasses Q3 FFO and Revenue EstimatesNovember 7, 2022 | msn.comEarnings Preview For Spirit Realty CapitalOctober 30, 2022 | seekingalpha.comSpirit Realty: At These Yields Don't Look AwayOctober 18, 2022 | finance.yahoo.comShareholders in Spirit Realty Capital (NYSE:SRC) are in the red if they invested three years agoOctober 12, 2022 | finance.yahoo.comSpirit Realty Capital, Inc. Schedules Third Quarter 2022 Earnings Release and Conference CallOctober 1, 2022 | investing.comSpirit Realty Capital Inc Pref (SRC_pa)September 27, 2022 | finance.yahoo.comSound Point Capital Management Hires Merrill Martin from CSAM for Independent Wealth ChannelsSeptember 26, 2022 | seekingalpha.comSpirit Realty: A Super 7% Yield To Turn Up The Cash FlowSeptember 17, 2022 | seekingalpha.comSRC.PA Spirit Realty Capital, Inc. 6% PFD SER ASeptember 2, 2022 | nasdaq.comIs Spirit Realty Stock’s (NYSE:SRC) 6.5% Dividend Yield Worth Buying?September 1, 2022 | seekingalpha.comSRC Spirit Realty Capital, Inc.August 23, 2022 | seekingalpha.comSpirit Realty Vs. Alpine Income: Battle Of 2 High Yield Net Lease REITsAugust 22, 2022 | finance.yahoo.comSpirit Realty Capital, Inc. Announces $800.0 Million Unsecured Term Loan FacilityAugust 9, 2022 | finance.yahoo.comSpirit Realty Capital, Inc. Announces Increase in Common Stock Quarterly Dividend from $0.638 per Share to $0.663 per ShareSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Spirit Realty Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address SRC Company Calendar Last Earnings11/02/2021Ex-Dividend for 1/13 Dividend12/29/2022Dividend Payable1/13/2023Today2/07/2023Next Earnings (Confirmed)2/28/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Nonresidential building operators Sub-IndustryDiversified REITs SectorFinance Current SymbolNYSE:SRC CUSIP84860F10 CIK1308606 Webwww.spiritrealty.com Phone(866) 557-7474Fax800-973-0850Employees84Year Founded2003Price Target and Rating Average Stock Price Forecast$43.78 High Stock Price Forecast$54.00 Low Stock Price Forecast$37.00 Forecasted Upside/Downside+1.0%Consensus RatingHold Rating Score (0-4)2.22 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.90 Trailing P/E Ratio22.82 Forward P/E Ratio12.60 P/E Growth6.48Net Income$171.70 million Net Margins37.70% Pretax Margin38.19% Return on Equity6.16% Return on Assets3.22% Debt Debt-to-Equity Ratio0.81 Current Ratio0.74 Quick Ratio0.74 Sales & Book Value Annual Sales$608.39 million Price / Sales9.95 Cash Flow$3.50 per share Price / Cash Flow12.39 Book Value$31.09 per share Price / Book1.39Miscellaneous Outstanding Shares139,660,000Free Float138,850,000Market Cap$6.06 billion OptionableOptionable Beta1.26 Social Links Key ExecutivesJackson HsiehPresident, Chief Executive Officer & DirectorMichael C. HughesChief Financial Officer & Executive Vice PresidentRochelle ThomasSecretary, Executive VP & General CounselJay A. YoungExecutive VP, Chief Administrative & Legal OfficerKenneth HeimlichChief Investment Officer & Executive VPKey CompetitorsSouthStateNASDAQ:SSBValley National BancorpNASDAQ:VLYPinnacle Financial PartnersNASDAQ:PNFPPrimericaNYSE:PRIRLINYSE:RLIView All CompetitorsInsiders & InstitutionsMitsubishi UFJ Kokusai Asset Management Co. Ltd.Bought 5,950 shares on 2/7/2023Ownership: 0.052%Oppenheimer Asset Management Inc.Bought 2,015 shares on 2/7/2023Ownership: 0.013%Retirement Systems of AlabamaBought 5,580 shares on 2/6/2023Ownership: 0.289%Marks Group Wealth Management IncBought 4,271 shares on 2/6/2023Ownership: 0.027%Parallel Advisors LLCSold 918 shares on 2/6/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions SRC Stock - Frequently Asked Questions Should I buy or sell Spirit Realty Capital stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit Realty Capital in the last twelve months. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SRC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SRC, but not buy additional shares or sell existing shares. View SRC analyst ratings or view top-rated stocks. What is Spirit Realty Capital's stock price forecast for 2023? 9 analysts have issued 1 year target prices for Spirit Realty Capital's stock. Their SRC share price forecasts range from $37.00 to $54.00. On average, they predict the company's stock price to reach $43.78 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price. View analysts price targets for SRC or view top-rated stocks among Wall Street analysts. How have SRC shares performed in 2023? Spirit Realty Capital's stock was trading at $39.93 at the beginning of 2023. Since then, SRC stock has increased by 9.1% and is now trading at $43.55. View the best growth stocks for 2023 here. Are investors shorting Spirit Realty Capital? Spirit Realty Capital saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,050,000 shares, an increase of 17.1% from the December 31st total of 1,750,000 shares. Based on an average daily trading volume, of 686,900 shares, the short-interest ratio is presently 3.0 days. View Spirit Realty Capital's Short Interest. When is Spirit Realty Capital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023. View our SRC earnings forecast. How can I listen to Spirit Realty Capital's earnings call? Spirit Realty Capital will be holding an earnings conference call on Tuesday, February 28th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "10175291". How were Spirit Realty Capital's earnings last quarter? Spirit Realty Capital, Inc. (NYSE:SRC) announced its earnings results on Tuesday, November, 2nd. The real estate investment trust reported $0.32 EPS for the quarter, missing the consensus estimate of $0.80 by $0.48. The real estate investment trust had revenue of $151.38 million for the quarter, compared to analyst estimates of $151.95 million. Spirit Realty Capital had a trailing twelve-month return on equity of 6.16% and a net margin of 37.70%. During the same period last year, the business earned $0.72 earnings per share. 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 Friday, November 4th. Shareholders of record on Friday, December 30th will be paid a dividend of $0.663 per share on Friday, January 13th. This represents a $2.65 dividend on an annualized basis and a yield of 6.09%. The ex-dividend date of this dividend is Thursday, December 29th. Read our dividend analysis for SRC. Is Spirit Realty Capital a good dividend stock? Spirit Realty Capital (NYSE:SRC) pays an annual dividend of $2.65 per share and currently has a dividend yield of 6.11%. SRC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 139.47%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SRC will have a dividend payout ratio of 75.71% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for SRC. When did Spirit Realty Capital's stock split? 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 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 issued an update on its FY 2022 earnings guidance on Thursday, December, 8th. The company provided EPS guidance of $3.55-$3.57 for the period. The company issued revenue guidance of -. 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 AT&T (T), Annaly Capital Management (NLY), Enterprise Products Partners (EPD), Iron Mountain (IRM), Pfizer (PFE), Energy Transfer (ET), Omega Healthcare Investors (OHI), Cisco Systems (CSCO), Medical Properties Trust (MPW) and STORE Capital (STOR). 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 many different retail and institutional investors. Top institutional shareholders include Daiwa Securities Group Inc. (2.14%), Bernzott Capital Advisors (0.30%), Retirement Systems of Alabama (0.29%), Strs Ohio (0.23%), Asset Management One Co. Ltd. (0.18%) and Sumitomo Mitsui Trust Holdings Inc. (0.15%). Insiders that own company stock include Jackson Hsieh, Jay Young, Michelle M Frymire and Richard I Gilchrist. View institutional ownership trends. How do I buy shares of Spirit Realty Capital? Shares of SRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Spirit Realty Capital's stock price today? One share of SRC stock can currently be purchased for approximately $43.55. How much money does Spirit Realty Capital make? Spirit Realty Capital (NYSE:SRC) has a market capitalization of $6.08 billion and generates $608.39 million in revenue each year. The real estate investment trust earns $171.70 million in net income (profit) each year or $1.90 on an earnings per share basis. How can I contact Spirit Realty Capital? Spirit Realty Capital's mailing address is 2727 NORTH HARWOOD STREET SUITE 300, DALLAS TX, 75201. The official website for the company is www.spiritrealty.com. The real estate investment trust can be reached via phone at (866) 557-7474, via email at investorrelations@spiritrealty.com, or via fax at 800-973-0850. This page (NYSE:SRC) was last updated on 2/7/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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