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NYSE:SRC

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

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About Spirit Realty Capital Stock (NYSE:SRC)

Key Stats

Today's Range
$42.15
$43.67
50-Day Range
$42.31
$45.25
52-Week Range
$32.22
$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
$45.00
Consensus Rating
Hold

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.

Spirit Realty Capital Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
26th Percentile Overall Score

SRC MarketRank™: 

Spirit Realty Capital scored higher than 26% of companies evaluated by MarketBeat, and ranked 860th out of 946 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Spirit Realty Capital has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Spirit Realty Capital has received no research coverage in the past 90 days.

  • Read more about Spirit Realty Capital's stock forecast and price target.
  • Earnings Growth

    Earnings for Spirit Realty Capital are expected to grow by 2.03% in the coming year, from $3.45 to $3.52 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Spirit Realty Capital is 24.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.24.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Spirit Realty Capital is 24.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.91.

  • Price to Book Value per Share Ratio

    Spirit Realty Capital has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for SRC.
  • Dividend Leadership

    Spirit Realty Capital is a leading dividend payer. It pays a dividend yield of 6.33%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Spirit Realty Capital does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Spirit Realty Capital is 153.14%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Spirit Realty Capital will have a dividend payout ratio of 76.14% in the coming year. This indicates that Spirit Realty Capital may not be able to sustain their current dividend.

  • Read more about Spirit Realty Capital's dividend.
  • Short Interest

    There is no current short interest data available for SRC.
    • Insider Buying vs. Insider Selling

      In the past three months, Spirit Realty Capital insiders have not sold or bought any company stock.

    • Percentage Held by Insiders

      Only 0.54% of the stock of Spirit Realty Capital is held by insiders.

    • Percentage Held by Institutions

      96.09% 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.

    • Read more about Spirit Realty Capital's insider trading history.
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    SRC Stock News Headlines

    Why I'm telling friends to avoid gold stocks
    Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
    Heard on the Street Recap: Team Spirit
    See More Headlines

    SRC Stock Analysis - Frequently Asked Questions

    Spirit Realty Capital, Inc. (NYSE:SRC) issued its earnings results on Monday, August, 7th. The real estate investment trust reported $0.36 earnings per share 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.

    Shares of Spirit Realty Capital 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.

    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
    12/16/2024
    Fiscal Year End
    12/31/2024

    Industry, Sector and Symbol

    Sector
    Finance
    Industry
    Nonresidential building operators
    Sub-Industry
    Diversified REITs
    CUSIP
    84860F10
    Employees
    89
    Year Founded
    2003

    Price Target and Rating

    Average Stock Price Target
    $45.00
    High Stock Price Target
    $45.00
    Low Stock Price Target
    $45.00
    Potential Upside/Downside
    +6.4%
    Consensus Rating
    Hold
    Rating Score (0-4)
    2.00
    Research Coverage
    1 Analysts

    Profitability

    Net Income
    $285.52 million
    Pretax Margin
    34.46%

    Debt

    Sales & Book Value

    Annual Sales
    $709.63 million
    Cash Flow
    $4.21 per share
    Book Value
    $31.47 per share

    Miscellaneous

    Free Float
    140,568,000
    Market Cap
    $5.98 billion
    Optionable
    Optionable
    Beta
    1.35

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    This page (NYSE:SRC) was last updated on 12/16/2024 by MarketBeat.com Staff
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