Spirit Realty Capital (SRC) Stock Price, News & Analysis

Company Overview

Spirit Realty Capital, Inc. (NYSE: SRC) is a premier net-lease REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases. As of September 30, 2023, our diverse portfolio consisted of 2,037 retail, industrial and other properties across 49 states, which were leased to 338 tenants operating in 37 industries. As of September 30, 2023, our properties were approximately 99.6% occupied.

Key Stats

• Today's Range: $42.15 to $43.67
• 50-Day Range: $42.31 to $45.25
• 52-Week Range: $32.22 to $45.60
• Volume: 45.11 million shs
• Average Volume: 4.28 million shs
• Market Capitalization: $5.98 billion
• P/E Ratio: 24.18
• Dividend Yield: 6.33%
• Price Target: N/A
• Consensus Rating: N/A

SRC Stock Analysis - Frequently Asked Questions

How were Spirit Realty Capital's earnings last quarter?

Spirit Realty Capital, Inc. (NYSE:SRC) posted its quarterly earnings data on Monday, August, 7th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.86 by $0.50. Spirit Realty Capital's revenue for the quarter was up .0% on a year-over-year basis.
Read the conference call transcript.

When did Spirit Realty Capital's stock split?

Spirit Realty Capital's stock reverse split on the morning of 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 closing bell 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 other stocks do shareholders of Spirit Realty Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Spirit Realty Capital investors own include Cenovus Energy (CVE), Crescent Point Energy (CPG), Enterprise Products Partners (EPD), Energy Transfer (ET), Medical Properties Trust (MPW), Exxon Mobil (XOM) and Realty Income (O).

Company Calendar

• Last Earnings: 8/07/2023
• Today: 5/01/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Nonresidential building operators
• Sub-Industry: Diversified REITs
• Current Symbol: NYSE:SRC
• CIK: 1308606
• Web: www.spiritrealty.com
• Phone: (972) 476-1900
• Fax: 800-973-0850
• Employees: 89
• Year Founded: 2003

Profitability

• EPS (Most Recent Fiscal Year): $1.75
• Trailing P/E Ratio: 24.18
• Forward P/E Ratio: 12.26
• P/E Growth: N/A
• Net Income: $285.52 million
• Net Margins: 33.98%
• Pretax Margin: 34.46%
• Return on Equity: 5.83%
• Return on Assets: 2.97%

Debt

• Debt-to-Equity Ratio: 0.88
• Current Ratio: 0.80
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $709.63 million
• Price / Sales: 8.43
• Cash Flow: $4.21 per share
• Price / Cash Flow: 10.05
• Book Value: $31.47 per share
• Price / Book: 1.34

Miscellaneous

• Outstanding Shares: 141,330,000
• Free Float: 140,568,000
• Market Cap: $5.98 billion
• Optionable: Optionable
• Beta: 1.35