Spirit Realty Capital, Inc. (SRC)
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]
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 StatementsAnalyst 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.
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?

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

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...

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...

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...

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

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...

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?

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

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

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

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

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?

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

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

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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 ...

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.

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...

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?

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

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

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