Spirit Realty Capital, Inc. (SRC)

NYSE: SRC · IEX Real-Time Price · USD
38.85
-0.10 (-0.26%)
Mar 30, 2023, 2:38 PM EDT - Market open
-0.26%
Market Cap 5.49B
Revenue (ttm) 709.63M
Net Income (ttm) 275.17M
Shares Out 141.30M
EPS (ttm) 2.04
PE Ratio 19.09
Forward PE 25.51
Dividend $2.60 (6.70%)
Ex-Dividend Date Dec 29, 2022
Volume 246,485
Open 38.69
Previous Close 38.95
Day's Range 38.45 - 39.03
52-Week Range 34.31 - 48.24
Beta 1.31
Analysts Buy
Price Target 44.88 (+15.52%)
Earnings Date May 2, 2023

About SRC

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, 2020, our diverse portfolio of 1,778 owned properties, with an aggregate leasable area of 37.2 million square feet in 48 states, included retail, industrial and office buildings leased to 296 tenants across 28 retail industries. [Read more]

Sector Real Estate
IPO Date Dec 16, 2004
Employees 84
Stock Exchange NYSE
Ticker Symbol SRC
Full Company Profile

Financial Performance

In 2022, SRC's revenue was $709.63 million, an increase of 16.64% compared to the previous year's $608.39 million. Earnings were $275.17 million, an increase of 70.54%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for SRC stock is "Buy." The 12-month stock price forecast is $44.88, which is an increase of 15.52% from the latest price.

Price Target
$44.88
(15.52% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Spirit Realty (SRC) Misses Q4 FFO and Revenue Estimates

Spirit Realty (SRC) delivered FFO and revenue surprises of -1.12% and 0.84%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Spirit Realty Capital, Inc. Announces Fourth Quarter of 2022 Financial and Operating Results

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc.

1 month ago - Business Wire

Spirit Realty Capital, Inc. Announces Quarterly Cash Dividend for Common and Preferred Stock

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. (NYSE: SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential r...

1 month ago - Business Wire

Spirit Realty Capital, Inc. Schedules Fourth Quarter 2022 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. (NYSE: SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential...

2 months ago - Business Wire

Spirit Realty Capital, Inc. Announces 2022 Dividend Tax Allocation

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. (NYSE: SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential...

2 months ago - Business Wire

These ‘Deep Value' Stocks Are Ready to Bounce Back

The underperformance of the markets cheapest stocks in 2022 was an anomaly. Some names to consider.

2 months ago - Barrons

‘Deep Value' Stocks Look Ready to Bounce Back From a Tough 2022

Everyone loves a bargain, but when a bargain looks too good to be true, people shy away. Don't do that with so-called deep-value stocks, which look like real deals right now.

2 months ago - Barrons

20 dividend stocks with high yields that have become more attractive right now

Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and cash flow i...

4 months ago - Market Watch

Spirit Realty Capital, Inc. Announces Closing of $500.0 Million Unsecured Term Loan Facility

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. (NYSE: SRC) (“Spirit” or the “Company”), a net-lease real estate investment trust (“REIT”) that invests in single-tenant, operationally essential...

4 months ago - Business Wire

Spirit Realty (SRC) Surpasses Q3 FFO and Revenue Estimates

Spirit Realty (SRC) delivered FFO and revenue surprises of 1.12% and 0.42%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Spirit Realty Capital, Inc. Announces Third Quarter of 2022 Financial and Operating Results

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Third Quarter of 2022 Financial and Operating Results

5 months ago - Business Wire

Spirit Realty Capital, Inc. Schedules Third Quarter 2022 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Schedules Third Quarter 2022 Earnings Release and Conference Call

6 months ago - Business Wire

Spirit Realty Capital, Inc. Announces $800.0 Million Unsecured Term Loan Facility

DALLAS--(BUSINESS WIRE)--SPIRIT REALTY CAPITAL, INC. ANNOUNCES $800.0 MILLION UNSECURED TERM LOAN FACILITY

7 months ago - Business Wire

Spirit Realty Capital, Inc. Announces Increase in Common Stock Quarterly Dividend from $0.638 per Share to $0.663 per Share

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Increase in Common Stock Quarterly Dividend from $0.638 per Share to $0.663 per Share

8 months ago - Business Wire

Spirit Realty (SRC) Q2 FFO and Revenues Surpass Estimates

Spirit Realty (SRC) delivered FFO and revenue surprises of 2.27% and 0.67%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Spirit Realty Capital, Inc. Announces Second Quarter of 2022 Financial and Operating Results

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Second Quarter of 2022 Financial and Operating Results

8 months ago - Business Wire

Spirit Realty Capital, Inc. Schedules Second Quarter 2022 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Schedules Second Quarter 2022 Earnings Release and Conference Call

9 months ago - Business Wire

6 High-Yield Stocks With Good Upside Potential

These six high-yield stocks have good upside potential based on a 5% minimum yield, growing earnings, and a 35% to 45% coverage ratio. The post 6 High-Yield Stocks With Good Upside Potential appeared ...

Other symbols: DVNETKTLYB
9 months ago - InvestorPlace

Spirit Realty Offers Lucrative Value and Dividends

Many investors are opting to invest in high-dividend assets during these uncertain times, and real estate investment trusts are a hot commodity. Spirit Realty Capital Inc. ( SRC , Financial) exhibits ...

9 months ago - GuruFocus

3 REITs to Buy for June 2022

Three of the best REITs to buy during June 2022, these companies have solid fundamentals and plenty of upside potential. The post 3 REITs to Buy for June 2022 appeared first on InvestorPlace.

Other symbols: HIWSPG
10 months ago - InvestorPlace

Spirit Realty Capital Inc. Announces Quarterly Cash Dividend for Common and Preferred Stock

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. (NYSE: SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential r...

11 months ago - Business Wire

Spirit Realty (SRC) Q1 FFO and Revenues Top Estimates

Spirit Realty (SRC) delivered FFO and revenue surprises of 1.15% and 2.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

Spirit Realty Capital, Inc. Announces First Quarter of 2022 Financial and Operating Results

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces First Quarter of 2022 Financial and Operating Results

11 months ago - Business Wire

Spirit Realty Capital, Inc. Announces $1.2 Billion Revolving Credit Facility

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital Inc. Announces $1.2 Billion Revolving Credit Facility

1 year ago - Business Wire

Spirit Realty Capital, Inc. Schedules First Quarter 2022 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Schedules First Quarter 2022 Earnings Release and Conference Call

1 year ago - Business Wire