Spirit Realty Capital, Inc. (SRC)

NYSE: SRC · IEX Real-Time Price · USD
40.63
-0.04 (-0.10%)
May 20, 2022 4:00 PM EDT - Market closed
Market Cap5.46B
Revenue (ttm)641.65M
Net Income (ttm)218.88M
Shares Out134.31M
EPS (ttm)1.79
PE Ratio22.69
Forward PE28.17
Dividend$2.54 (6.25%)
Ex-Dividend DateMar 30, 2022
Volume818,616
Open41.20
Previous Close40.67
Day's Range39.97 - 41.52
52-Week Range38.74 - 52.29
Beta1.24
AnalystsBuy
Price Target52.90 (+30.2%)
Earnings DateMay 3, 2022

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.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateDec 16, 2004
CEOJackson Hsieh
Employees84
Stock ExchangeNYSE
Ticker SymbolSRC
Full Company Profile

Financial Performance

In 2021, SRC's revenue was $608.39 million, an increase of 25.80% compared to the previous year's $483.62 million. Earnings were $171.70 million, an increase of 542.89%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for SRC stock is "Buy." The 12-month stock price forecast is 52.9, which is an increase of 30.20% from the latest price.

Price Target
$52.9
(30.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 rea...

1 day 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?

2 weeks 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

2 weeks 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 month 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 month ago - Business Wire

Spirit Realty Capital, Inc. Releases Inaugural Environmental, Social and Governance Report

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital Inc. Releases Inaugural Environmental Social and Governance Report

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. Announces Quarterly Cash Dividend for Common and Preferred Stock

3 months ago - Business Wire

Spirit Realty Capital, Inc. Announces Fourth Quarter of 2021 Financial and Operating Results

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Fourth Quarter of 2021 Financial and Operating Results

3 months ago - Business Wire

Is a Surprise Coming for Spirit Realty (SRC) This Earnings Season?

Spirit Realty (SRC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

3 months ago - Zacks Investment Research

Spirit Realty Capital, Inc. Announces 2021 Dividend Tax Allocation

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces 2021 Dividend Tax Allocation

3 months ago - Business Wire

Spirit Realty Capital, Inc. Announces Promotion of Rochelle Thomas to Executive Vice President, General Counsel and S...

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Promotion of Rochelle Thomas to Executive Vice President, General Counsel and Secretary

3 months ago - Business Wire

Bears are Losing Control Over Spirit Realty (SRC), Here's Why It's a 'Buy' Now

Spirit Realty (SRC) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a ...

3 months ago - Zacks Investment Research

Spirit Realty Capital, Inc. Announces Pricing of an Upsized Public Offering of 8,200,000 Shares of Common Stock

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Pricing of an Upsized Public Offering of 8,200,000 Shares of Common Stock

4 months ago - Business Wire

Spirit Realty Capital, Inc. Announces Public Offering of 6,500,000 Shares of Common Stock

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Public Offering of 6,500,000 Shares of Common Stock

4 months ago - Business Wire

Spirit Realty Capital, Inc. Schedules Fourth Quarter 2021 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Schedules Fourth Quarter 2021 Earnings Release and Conference Call

4 months ago - Business Wire

Spirit Realty Capital, Inc. Provides 2021 Preliminary Estimates and Announces 2022 Guidance

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital Inc. Provides 2021 Preliminary Estimates and Announces 2022 Guidance

4 months ago - Business Wire

Down 10.9% in 4 Weeks, Here's Why You Should You Buy the Dip in Spirit Realty (SRC)

Spirit Realty (SRC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revisin...

5 months ago - Zacks Investment Research

Spirit Realty (SRC) Surpasses Q3 FFO Estimates

Spirit Realty (SRC) delivered FFO and revenue surprises of 1.20% and -0.38%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Spirit Realty Capital, Inc. Announces Third Quarter of 2021 Financial and Operating Results

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Third Quarter of 2021 Financial and Operating Results

6 months ago - Business Wire

After Plunging 11.8% in 4 Weeks, Here's Why the Trend Might Reverse for Spirit Realty (SRC)

Spirit Realty (SRC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimate...

7 months ago - Zacks Investment Research

Is Spirit Realty (SRC) Stock a Solid Choice Right Now?

Spirit Realty (SRC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

7 months ago - Zacks Investment Research

Spirit Realty Capital, Inc. Schedules Third Quarter 2021 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Schedules Third Quarter 2021 Earnings Release and Conference Call

8 months ago - Business Wire

Spirit Realty (SRC) Upgraded to Buy: Here's What You Should Know

Spirit Realty (SRC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

9 months ago - Zacks Investment Research

Spirit Realty Capital, Inc. Announces Second Quarter of 2021 Financial and Operating Results

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Second Quarter of 2021 Financial and Operating Results

9 months ago - Business Wire

What Makes Spirit Realty (SRC) a New Buy Stock

Spirit Realty (SRC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

10 months ago - Zacks Investment Research