Spirit Realty Capital, Inc. (SRC)
January 22, 2024 - Spirit Realty Capital was acquired by Realty Income (O)
42.31
-0.67 (-1.56%)
Inactive · Last trade price on Jan 22, 2024
Spirit Realty Capital Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Spirit Realty Capital stock had an average target of 41.56, with a low estimate of 36 and a high estimate of 46.
Price Target: $41.56 (-1.77%)
Analyst Consensus: Hold
* Price targets were last updated on Jan 10, 2024.
Analyst Ratings
The average analyst rating for Spirit Realty Capital 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 |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Hold Maintains $41 → $45 | Hold | Maintains | $41 → $45 | +6.36% | Jan 10, 2024 |
| Exane BNP Paribas | Exane BNP Paribas | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Nov 7, 2023 |
| RBC Capital | RBC Capital | Hold Maintains $40 → $43 | Hold | Maintains | $40 → $43 | +1.63% | Nov 3, 2023 |
| Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy → Hold Downgrades $40 | Strong Buy → Hold | Downgrades | $40 | -5.46% | Nov 2, 2023 |
| JMP Securities | JMP Securities | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 31, 2023 |
Financial Forecast
Revenue This Year
765.18M
from 709.63M
Increased by 7.83%
Revenue Next Year
788.21M
from 765.18M
Increased by 3.01%
EPS This Year
1.70
from 2.04
Decreased by -16.82%
EPS Next Year
1.39
from 1.70
Decreased by -18.06%
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 | |||
| Avg | 765.2M | 788.2M | 817.0M | |||
| Low | 735.7M | 738.3M | 743.8M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 13.0% | 11.0% | 15.3% | |||
| Avg | 7.8% | 3.0% | 3.7% | |||
| Low | 3.7% | -3.5% | -5.6% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 1.79 | 1.49 | 1.63 | |||
| Avg | 1.70 | 1.39 | 1.45 | |||
| Low | 1.63 | 1.30 | 1.32 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | -12.5% | -12.1% | 17.0% | |||
| Avg | -16.8% | -18.1% | 4.6% | |||
| Low | -20.3% | -23.2% | -4.9% |
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.