Spirit Realty Capital Statistics
Total Valuation
SRC has a market cap or net worth of $5.99 billion. The enterprise value is $9.68 billion.
| Market Cap | 5.99B |
| Enterprise Value | 9.68B |
Important Dates
The last earnings date was Tuesday, February 27, 2024, before market open.
| Earnings Date | Feb 27, 2024 |
| Ex-Dividend Date | Dec 27, 2023 |
Share Statistics
SRC has 141.55 million shares outstanding. The number of shares has increased by 3.55% in one year.
| Shares Outstanding | 141.55M |
| Shares Change (YoY) | +3.55% |
| Shares Change (QoQ) | +0.03% |
| Owned by Insiders (%) | 0.89% |
| Owned by Institutions (%) | 99.26% |
| Float | 139.81M |
Valuation Ratios
The trailing PE ratio is 24.18 and the forward PE ratio is 30.58. SRC's PEG ratio is 1.08.
| PE Ratio | 24.18 |
| Forward PE | 30.58 |
| PS Ratio | 7.94 |
| Forward PS | 7.68 |
| PB Ratio | 1.33 |
| P/FCF Ratio | 82.72 |
| PEG Ratio | 1.08 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.61, with an EV/FCF ratio of 133.63.
| EV / Earnings | 38.93 |
| EV / Sales | 12.83 |
| EV / EBITDA | 13.61 |
| EV / EBIT | 24.31 |
| EV / FCF | 133.63 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.85 |
| Debt / EBITDA | 5.37 |
| Debt / FCF | 52.77 |
| Interest Coverage | 2.88 |
Financial Efficiency
Return on equity (ROE) is 5.50% and return on invested capital (ROIC) is 3.40%.
| Return on Equity (ROE) | 5.50% |
| Return on Assets (ROA) | 2.90% |
| Return on Capital (ROIC) | 3.40% |
| Revenue Per Employee | $8.48M |
| Profits Per Employee | $2.79M |
| Employee Count | 89 |
| Asset Turnover | 0.09 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, SRC has paid $1.01 million in taxes.
| Income Tax | 1.01M |
| Effective Tax Rate | 0.41% |
Stock Price Statistics
The stock price has increased by +2.27% in the last 52 weeks. The beta is 1.38, so SRC's price volatility has been higher than the market average.
| Beta (1Y) | 1.38 |
| 52-Week Price Change | +2.27% |
| 50-Day Moving Average | 42.41 |
| 200-Day Moving Average | 39.00 |
| Relative Strength Index (RSI) | 41.24 |
| Average Volume (30 Days) | 2,810,737 |
Short Selling Information
The latest short interest is 1.90 million, so 1.35% of the outstanding shares have been sold short.
| Short Interest | 1.90M |
| Short Previous Month | 2.11M |
| Short % of Shares Out | 1.35% |
| Short % of Float | 1.36% |
| Short Ratio (days to cover) | 1.21 |
Income Statement
In the last 12 months, SRC had revenue of $754.36 million and earned $248.55 million in profits. Earnings per share was $1.75.
| Revenue | 754.36M |
| Gross Profit | 723.05M |
| Operating Income | 283.71M |
| Pretax Income | 259.91M |
| Net Income | 248.55M |
| EBITDA | 710.86M |
| EBIT | 397.96M |
| Earnings Per Share (EPS) | $1.75 |
Balance Sheet
The company has $134.17 million in cash and $3.82 billion in debt, giving a net cash position of -$3.69 billion or -$26.04 per share.
| Cash & Cash Equivalents | 134.17M |
| Total Debt | 3.82B |
| Net Cash | -3.69B |
| Net Cash Per Share | -$26.04 |
| Equity / Book Value | 4.49B |
| Book Value Per Share | 31.74 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $521.11 million and capital expenditures -$448.71 million, giving a free cash flow of $72.40 million.
| Operating Cash Flow | 521.11M |
| Capital Expenditures | -448.71M |
| Free Cash Flow | 72.40M |
| FCF Per Share | $0.51 |
Margins
Gross margin is 95.85%, with operating and profit margins of 37.61% and 32.95%.
| Gross Margin | 95.85% |
| Operating Margin | 37.61% |
| Pretax Margin | 34.45% |
| Profit Margin | 32.95% |
| EBITDA Margin | 94.23% |
| EBIT Margin | 52.75% |
| FCF Margin | 9.60% |
Dividends & Yields
This stock pays an annual dividend of $2.68, which amounts to a dividend yield of 6.33%.
| Dividend Per Share | $2.68 |
| Dividend Yield | 6.33% |
| Dividend Growth (YoY) | 2.43% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 153.05% |
| Buyback Yield | -3.55% |
| Shareholder Yield | 2.78% |
| Earnings Yield | 4.15% |
| FCF Yield | 1.21% |
Analyst Forecast
The average price target for SRC is $41.56, which is -1.77% lower than the current price. The consensus rating is "Hold".
| Price Target | $41.56 |
| Price Target Difference | -1.77% |
| Analyst Consensus | Hold |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | 6.42% |
| EPS Growth Forecast (5Y) | -6.61% |
Stock Splits
The last stock split was on December 13, 2018. It was a reverse split with a ratio of 1:5.
| Last Split Date | Dec 13, 2018 |
| Split Type | Reverse |
| Split Ratio | 1:5 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |