Spirit Realty Capital Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for SRC stock had an average target of 41.56, with a low estimate of 36 and a high estimate of 46.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$36	$41.56	$42	$46
Change	-14.91%	-1.77%	-0.73%	+8.72%

* Price targets were last updated on Jan 10, 2024.

Analyst Ratings

The average analyst rating for SRC stock from 12 stock analysts was "Hold". This means that analysts believed this stock was likely to perform similarly to the overall market.

Recommendation Trends

Rating	Aug '23	Sep '23	Oct '23	Nov '23	Dec '23	Jan '24
Strong Buy	2	2	2	2	2	1
Buy	1	2	1	1	1	1
Hold	6	6	6	9	9	8
Sell	1	2	3	2	2	2
Strong Sell	0	0	0	0	0	0
Total	10	12	12	14	14	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vikram Malhorta Mizuho	Mizuho	Hold Maintains $41 → $45	Hold	Maintains	$41 → $45	+6.36%	Jan 10, 2024
Nate Crossett Exane BNP Paribas	Exane BNP Paribas	Sell → Hold Upgrades n/a	Sell → Hold	Upgrades	n/a	n/a	Nov 7, 2023
Brad Heffern RBC Capital	RBC Capital	Hold Maintains $40 → $43	Hold	Maintains	$40 → $43	+1.63%	Nov 3, 2023
Robert Stevenson Janney Montgomery Scott	Janney Montgomery Scott	Strong Buy → Hold Downgrades $40	Strong Buy → Hold	Downgrades	$40	-5.46%	Nov 2, 2023
Mitch Germain JMP Securities	JMP Securities	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Oct 31, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

765.18M

from 709.63M

7.83%

from 709.63M

Revenue Next Year

788.21M

from 765.18M

3.01%

from 765.18M

EPS This Year

1.70

from 2.04

-16.82%

from 2.04

EPS Next Year

1.39

from 1.70

-18.06%

from 1.70

Year	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	445.13M	516.43M	483.62M	608.39M	709.63M	765.18M	788.21M	816.99M	901.80M	970.00M	1.03B
Revenue Growth	3.22%	16.02%	-6.35%	25.80%	16.64%	7.83%	3.01%	3.65%	10.38%	7.56%	6.29%
EPS	1.39	1.81	0.15	1.35	2.04	1.70	1.39	1.45	1.42	1.37	1.35
EPS Growth	75.95%	30.22%	-91.71%	800.00%	51.11%	-16.82%	-18.06%	4.60%	-2.08%	-3.55%	-1.47%
Forward PE	-	-	-	-	-	24.94	30.43	29.09	29.71	30.80	31.26
No. Analysts	-	-	-	-	-	6	6	6	2	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2023	2024	2025	2026	2027	2028
High	802.2M	849.4M	909.1M	1.0B	1.0B	1.1B
Avg	765.2M	788.2M	817.0M	901.8M	970.0M	1.0B
Low	735.7M	738.3M	743.8M	794.8M	941.2M	1,000.0M

Revenue Growth

Revenue Growth	2023	2024	2025	2026	2027	2028
High	13.0%	11.0%	15.3%	23.5%	11.8%	10.5%
Avg	7.8%	3.0%	3.7%	10.4%	7.6%	6.3%
Low	3.7%	-3.5%	-5.6%	-2.7%	4.4%	3.1%

EPS Forecast

EPS	2023	2024	2025	2026	2027	2028
High	1.79	1.49	1.63	1.48	1.43	1.41
Avg	1.70	1.39	1.45	1.42	1.37	1.35
Low	1.63	1.30	1.32	1.38	1.33	1.31

EPS Growth

EPS Growth	2023	2024	2025	2026	2027	2028
High	-12.5%	-12.1%	17.0%	1.8%	0.3%	2.4%
Avg	-16.8%	-18.1%	4.6%	-2.1%	-3.5%	-1.5%
Low	-20.3%	-23.2%	-4.9%	-5.0%	-6.4%	-4.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.