Spirit Realty Capital, Inc. (SRC)
| Market Cap | 5.99B |
| Revenue (ttm) | 754.36M +10.6% |
| Net Income | 248.55M -0.4% |
| EPS | 1.75 -7.4% |
| Shares Out | 141.55M |
| PE Ratio | 24.18 |
| Forward PE | 30.58 |
| Dividend | $2.68 (6.33%) |
| Ex-Dividend Date | Dec 27, 2023 |
| Volume | 26,930,690 |
| Open | 43.14 |
| Previous Close | 42.98 |
| Day's Range | 42.15 - 43.67 |
| 52-Week Range | 32.22 - 45.60 |
| Beta | 1.38 |
| Analysts | Hold |
| Price Target | 41.56 (-1.77%) |
| Earnings Date | Feb 27, 2024 |
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, 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.
Analyst Summary
According to 12 analysts, the average rating for SRC stock is "Hold." The 12-month stock price target is $41.56, which is a decrease of -1.77% from the latest price.
News
CORRECTING and REPLACING Professors from Georgia Tech and University of Michigan to be Honored for Excellence in Semiconductor Research
RALEIGH, N.C.--(BUSINESS WIRE)-- #connectinginnovators--SRC and SIA announce winners of 2024 University Research Awards, Prof. Suman Datta (Ga Tech) and Prof. Michael Flynn (Univ. Michigan).
Professors from Georgia Tech and University of Michigan to be Honored for Excellence in Semiconductor Research
RALEIGH, N.C.--(BUSINESS WIRE)-- #connectinginnovators--SRC and SIA announce winners of 2024 University Research Awards, Prof. Suman Datta (Ga Tech) and Prof. Michael Flynn (Univ. Michigan).
Realty Income Announces 2023 Dividend Tax Allocation for Realty Income Corporation and Spirit Realty Capital, Inc.
SAN DIEGO , Jan. 26, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the final calculation of the dividend tax status for its 20...
Realty Income Closes Merger with Spirit Realty Capital
SAN DIEGO , Jan. 23, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, has closed on the previously announced merger with Spirit Realty Capital, I...
Spirit Realty Capital Shareholders Approve Realty Income Merger
SAN DIEGO & DALLAS--(BUSINESS WIRE)--Spirit Realty Capital Shareholders Approve Realty Income Merger.
e.l.f. Beauty Set to Join S&P MidCap 400; Peabody Energy to Join S&P SmallCap 600
NEW YORK, Jan. 17, 2024 /PRNewswire/ -- e.l.f. Beauty Inc. (NYSE: ELF) will replace Spirit Realty Capital Inc. (NYSE: SRC) in the S&P MidCap 400, and Peabody Energy Corp. (NYSE:BTU) will replace e.l.f...
SPIRIT REALTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Spirit Realty Capital, Inc. - SRC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Spirit Realty Ca...
KBW Announces Index Rebalancing for Fourth-Quarter 2023
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
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.
Here's why Realty Income is buying Spirit Realty in an all-stock deal
Sumit Roy, Realty Income CEO, joins 'Power Lunch' to discuss the company's portfolio, why the acquisition of Spirit Realty is highly complimentary, and more.
Spirit Realty Capital, Inc. Announces Third Quarter of 2023 Financial and Operating Results
DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Third Quarter of 2023 Financial and Operating Results.
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Spirit Realty Capital, Inc.
NEW YORK , Oct. 30, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Spirit Realty Capital, Inc. (NYSE: SRC) and its board of directors concerning the propo...
Realty Income Buys Spirit Realty Capital for About $9.3 Billion
Realty Income Corp. (O), a commercial real estate investment trust (REIT), said it would acquire a single-tenant specialized REIT, Spirit Realty Capital (SRC), in an all-stock transaction valued at ab...
Realty Income buys Spirit Realty: What does this buyout mean?
Realty Income (NYSE: O) stock price plunged hard on Monday after the company made a big acquisition. The shares crashed to a low of $47.83, the lowest level since July 2020.
Spirit Realty stock rallies on $9B buyout by Realty Income Corp.
Spirit Realty Capital Inc.'s stock SRC, -2.24% was up by 7% in premarket trading on Monday after it agreed to be acquired by Realty Income Corp. O, -1.59% in a deal that values the Dallas-based real e...
Realty Income to Acquire Spirit Realty Capital in $9.3 Billion Transaction
- Over 2.5% Accretion to Annualized AFFO per Share in All Stock, Leverage-Neutral Transaction - Complementary Real Estate Portfolio Enhances Size, Scale and Diversification to Expand Runway for Future...
Spirit Realty Capital, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call
DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call.
Daily Dividend Report: Martin Marietta Materials, Tyson Foods, Weyerhaeuser, J & J Snack Foods, Spirit Realty Capital
Daily Dividend Report: Martin Marietta Materials, Tyson Foods, Weyerhaeuser, J & J Snack Foods, Spirit Realty Capital
Spirit Realty Capital, Inc. Announces Increase in Common Stock Quarterly Dividend from $0.6630 per Share to $0.6696 per Share
DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Increase in Common Stock Quarterly Dividend from $0.6630 per Share to $0.6696 per Share.
Spirit Realty Capital, Inc. Announces Second Quarter of 2023 Financial and Operating Results
DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Second Quarter of 2023 Financial and Operating Results.
Spirit Realty Capital, Inc. Schedules Second Quarter 2023 Earnings Release and Conference Call
DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Schedules Second Quarter 2023 Earnings Release and Conference Call.
Spirit Realty Capital, Inc. Releases 2022 Environmental, Social and Governance Report
DALLAS--(BUSINESS WIRE)--Spirit Realty Capital Inc. Releases 2022 Environmental Social and Governance Report.
Do you need investment income? Here are 20 REIT stocks with dividends expected to be well supported through 2025.
Investors have good reason to be concerned about the real-estate market. It has been obvious for decades that the U.S. has too many retail properties, and now, changing work habits promise to put down...
Spirit Realty Capital, Inc. Announces First Quarter of 2023 Financial and Operating Results
DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces First Quarter of 2023 Financial and Operating Results.
Spirit Realty Capital, Inc. Schedules First Quarter 2023 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 r...