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 announced a quarterly dividend on Friday, May 31st. Stockholders of record on Friday, June 28th will be given a dividend of $0.625 per share on Monday, July 15th. This represents a $2.50 annualized dividend and a dividend yield of 5.45%. The ex-dividend date is Thursday, June 27th. View Spirit Realty Capital's Dividend History.

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

Spirit Realty Capital Inc (NYSE:SRC) released its earnings results on Wednesday, August, 7th. The real estate investment trust reported $0.49 EPS for the quarter, missing the consensus estimate of $0.82 by $0.33. The real estate investment trust earned $115.70 million during the quarter, compared to the consensus estimate of $108.48 million. Spirit Realty Capital had a return on equity of 6.54% and a net margin of 37.11%. The business's revenue for the quarter was up 12.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.20 EPS. View Spirit Realty Capital's Earnings History.

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Spirit Realty Capital.

Spirit Realty Capital updated its FY19 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of $3.39-3.43 for the period, compared to the Thomson Reuters consensus estimate of $3.34.

6 brokerages have issued 12 month target prices for Spirit Realty Capital's stock. Their forecasts range from $40.00 to $49.00. On average, they expect Spirit Realty Capital's stock price to reach $43.75 in the next year. This suggests that the stock has a possible downside of 4.6%. View Analyst Price Targets for Spirit Realty Capital.

6 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Spirit Realty Capital.

Headlines about SRC stock have been trending positive on Saturday, InfoTrie Sentiment Analysis reports. The research group 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 daily sentiment score of 2.5 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Spirit Realty Capital.

Spirit Realty Capital saw a decrease in short interest during the month of July. As of July 15th, there was short interest totalling 12,638,500 shares, a decrease of 7.6% from the June 15th total of 13,684,900 shares. Based on an average trading volume of 1,510,000 shares, the short-interest ratio is currently 8.4 days. Approximately 14.8% of the company's shares are sold short. View Spirit Realty Capital's Current Options Chain.

Some companies that are related to Spirit Realty Capital include 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), New Residential Investment (NRZ), ANNALY CAP MGMT/SH (NLY), AT&T (T), Vereit (VER), Centurylink (CTL), Uniti Group (UNIT), Energy Transfer LP Unit (ET), Omega Healthcare Investors (OHI) and WP Carey (WPC).

Spirit Realty Capital's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (16.79%), Scopia Capital Management LP (2.99%), V3 Capital Management L.P. (2.60%), Long Pond Capital LP (2.07%), Brookfield Asset Management Inc. (1.95%) and Duff & Phelps Investment Management Co. (1.44%). Company insiders that own Spirit Realty Capital stock include Jackson Hsieh, Jay Young, Kenneth Heimlich, Michael C Hughes, Richard I Gilchrist and Thomas D Senkbeil. View Institutional Ownership Trends for Spirit Realty Capital.

SRC stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Prudential Financial Inc., Renaissance Technologies LLC, Echo Street Capital Management LLC, LSV Asset Management, Virginia Retirement Systems ET AL, Charles Schwab Investment Management Inc. and Ellis Investment Partners LLC. Company insiders that have sold Spirit Realty Capital company stock in the last year include Jackson Hsieh and Jay Young. View Insider Buying and Selling for Spirit Realty Capital.

SRC stock was purchased by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Long Pond Capital LP, Westfield Capital Management Co. LP, Vanguard Group Inc., Nuveen Asset Management LLC, Heitman Real Estate Securities LLC, Goldentree Asset Management LP and Carlson Capital L P. Company insiders that have bought Spirit Realty Capital stock in the last two years include Kenneth Heimlich, Michael C Hughes, Richard I Gilchrist and Thomas D Senkbeil. 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 $45.88.

Spirit Realty Capital has a market capitalization of $4.13 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. Spirit Realty Capital employs 89 workers across the globe.View Additional Information About Spirit Realty Capital.

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]