NYSE:SRCSpirit Realty Capital Stock Price, Forecast & News

Spirit Realty Capital's stock was trading at $40.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SRC shares have decreased by 12.0% and is now trading at $35.64. View which stocks have been most impacted by Coronavirus.

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.

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.

Spirit Realty Capital Inc (NYSE:SRC) announced its quarterly earnings data on Tuesday, May, 5th. The real estate investment trust reported ($0.18) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.75 by $0.93. The real estate investment trust had revenue of $121.36 million for the quarter, compared to analyst estimates 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 period in the previous year, the company earned $0.86 earnings per share. View Spirit Realty Capital's earnings history.

Spirit Realty Capital declared a quarterly dividend on Friday, May 29th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.625 per share on Wednesday, July 15th. This represents a $2.50 dividend on an annualized basis and a yield of 7.01%. The ex-dividend date is Monday, June 29th. View Spirit Realty Capital's dividend history.

Shares of Spirit Realty Capital 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 Spirit Realty Capital stock prior to the reverse split would have 20 shares after the split.

Spirit Realty Capital issued an update on 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.

7 Wall Street analysts have issued 12-month price objectives for Spirit Realty Capital's shares. Their forecasts range from $31.00 to $56.00. On average, they expect Spirit Realty Capital's share price to reach $45.33 in the next year. This suggests a possible upside of 27.2% from the stock's current price. View analysts' price targets for Spirit Realty Capital.

News headlines about SRC stock have been trending somewhat negative this week, according to InfoTrie. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Spirit Realty Capital earned a coverage optimism score of -1.9 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutSpirit Realty Capital.

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.

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).

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

Spirit Realty Capital's stock is owned by many different 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.

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.

SRC stock was purchased 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.

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.

One share of SRC stock can currently be purchased for approximately $35.64.

Spirit Realty Capital has a market capitalization of $3.67 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.

The official website for Spirit Realty Capital is 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]