NYSE:SRC - Spirit Realty Capital Stock Price, Forecast & News

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

Spirit Realty Capital announced a quarterly dividend on Wednesday, December 4th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.625 per share on Wednesday, January 15th. This represents a $2.50 annualized dividend and a dividend yield of 4.80%. The ex-dividend date is Monday, December 30th. View Spirit Realty Capital's Dividend History.

Spirit Realty Capital's stock reverse split before market open 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) announced its quarterly earnings results on Tuesday, November, 5th. The real estate investment trust reported $0.99 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.34 by $0.65. The real estate investment trust earned $167 million during the quarter, compared to the consensus estimate of $113.15 million. Spirit Realty Capital had a return on equity of 8.03% and a net margin of 42.82%. The business's revenue was up 52.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.16 earnings per share. View Spirit Realty Capital's Earnings History.

Spirit Realty Capital is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Spirit Realty Capital.

Spirit Realty Capital issued an update on its FY19 earnings guidance on Tuesday, November, 5th. The company provided earnings per share (EPS) guidance of $3.31-3.34 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.15.

7 Wall Street analysts have issued 12-month price objectives for Spirit Realty Capital's stock. Their forecasts range from $52.00 to $56.00. On average, they expect Spirit Realty Capital's stock price to reach $55.17 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price. View Analyst Price Targets for 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 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spirit Realty Capital.

Media coverage about SRC stock has trended somewhat negative this week, according to InfoTrie. The research group rates the sentiment of news 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 positive five, with scores closest to five being the most favorable. Spirit Realty Capital earned a news impact score of -1.4 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Spirit Realty Capital.

Spirit Realty Capital saw a decline in short interest during the month of January. As of January 15th, there was short interest totalling 3,150,000 shares, a decline of 5.4% from the December 31st total of 3,330,000 shares. Based on an average daily trading volume, of 1,000,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 3.5% of the company's stock are sold short. View Spirit Realty Capital's Current Options Chain.

Some companies that are related to Spirit Realty Capital include Duke Realty (DRE), Vornado Realty Trust (VNO), Liberty Property Trust (LPT), Cousins Properties (CUZ), PS Business Parks (PSB), American Assets Trust (AAT), Lexington Realty Trust (LXP), Washington Real Estate Investment Trust (WRE), Investors Real Estate Trust Reit (IRET), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR), Gyrodyne (GYRO) and RAIT Financial Trust (RAS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Spirit Realty Capital investors own include AT&T (T), New Residential Investment (NRZ), Enterprise Products Partners (EPD), Medical Properties Trust (MPW), ARBOR RLTY TR I/SH (ABR), Energy Transfer LP Unit (ET), ANNALY CAP MGMT/SH (NLY), Advanced Micro Devices (AMD), Ares Capital (ARCC) and Centurylink (CTL).

Spirit Realty Capital's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Duff & Phelps Investment Management Co. (1.26%), Real Estate Management Services LLC (0.15%), Strs Ohio (0.14%), Arizona State Retirement System (0.06%), Pensionfund DSM Netherlands (0.05%) and State of Alaska Department of Revenue (0.04%). 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 Real Estate Management Services LLC, Campbell & CO Investment Adviser LLC, Nisa Investment Advisors LLC, NEXT Financial Group Inc, Bridgeworth LLC, Telos Capital Management Inc., Virginia Retirement Systems ET AL and Nwam LLC. View Insider Buying and Selling for Spirit Realty Capital.

SRC stock was bought by a variety of institutional investors in the last quarter, including Duff & Phelps Investment Management Co., Exchange Traded Concepts LLC, Strs Ohio, Telemus Capital LLC, State of Alaska Department of Revenue, New York State Teachers Retirement System, Alpine Global Management LLC and Pensionfund DSM Netherlands. 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, Robinhood, Fidelity and Charles Schwab.

One share of SRC stock can currently be purchased for approximately $52.06.

Spirit Realty Capital has a market capitalization of $5.19 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]