SRC-PA Company Profile and Key Details

NYSE : SRC-PA

Spirit Realty Capital

$24.26

0.11+0.46%

At Close 4:00 PM

Not Actively Trading

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

Spirit Realty Capital, Inc. (SRC-PA) stock surged +0.46%, trading at $24.26 on NYSE, up from the previous close of $24.15. The stock opened at $24.15, fluctuating between $24.13 and $24.31 in the recent session.

Stock Snapshot

24.15

Prev. Close

3.79B

Market Cap

24.125

Day Low

13.545505304299274

P/E Ratio

1.791

EPS (TTM)

2.99

Cash Flow per Share

24.15

Open

156.36M

Number of Shares

24.3117

Day High

89.42%

Free Float in %

31.83

Book Value

2.94K

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Jan 22, 2024	24.15	24.31	24.13	24.26	2.94K
Jan 19, 2024	23.80	24.15	23.80	24.15	3.55K
Jan 18, 2024	24.06	24.06	23.96	23.96	3.81K
Jan 17, 2024	24.02	24.31	24.02	24.23	6.92K
Jan 16, 2024	24.34	24.36	24.15	24.15	6.25K
Jan 12, 2024	24.25	24.44	24.25	24.44	2.5K
Jan 11, 2024	24.10	24.25	24.03	24.25	4.13K
Jan 10, 2024	24.00	24.12	24.00	24.12	2.76K
Jan 09, 2024	23.80	24.04	23.75	24.04	5.05K
Jan 08, 2024	23.73	23.96	23.70	23.96	10.38K
Jan 05, 2024	23.61	23.73	23.60	23.65	8.03K
Jan 04, 2024	23.40	23.57	23.39	23.53	9.7K
Jan 03, 2024	23.69	23.73	23.46	23.46	13.44K
Jan 02, 2024	23.48	23.71	23.48	23.60	119.06K
Dec 29, 2023	23.49	23.78	23.49	23.52	11.35K
Dec 28, 2023	23.55	23.61	23.46	23.60	4.45K
Dec 27, 2023	23.53	23.65	23.20	23.59	15.27K
Dec 26, 2023	23.66	23.74	23.58	23.62	5.25K
Dec 22, 2023	23.76	23.76	23.60	23.74	5.92K
Dec 21, 2023	23.41	23.79	23.34	23.72	12.59K

Contact Details

Dallas, TX 75201

United States

https://www.spiritrealty.com 972 476 1900

About Company

Spirit Realty Capital, Inc. (NYSE: SRC) operates as a leading real estate investment trust specializing in net-lease properties. Its core strategy involves acquiring crucial, single-occupant commercial properties under extended lease agreements. By September 30, 2020, the company managed a varied portfolio comprising 1,778 owned assets, collectively spanning 37.2 million square feet across 48 U.S. states. These properties, encompassing retail, industrial, and office sectors, were occupied by 296 different tenants representing 28 distinct retail industry segments.

Stock Peers

WPC

-0.48-0.65%

W. P. Carey Inc.$73.60 SRC

0.27+0.63%

Spirit Realty Capital, Inc.$42.98 EPRT

0.02000092+0.06%

Essential Properties Realty Trust, Inc.$31.29 OLP

-0.06-0.25%

One Liberty Properties, Inc.$24.31 GNL-PD

0.01+0.04%

Global Net Lease, Inc.$23.76 AAT

-0.44-1.83%

American Assets Trust, Inc.$23.59 PSTL

0.01+0.04%

Postal Realty Trust, Inc.$23.04 GNL-PE

0.045+0.20%

Global Net Lease, Inc.$22.98 GNL-PA

0.09+0.39%

Global Net Lease, Inc.$22.95 UE

-0.15-0.66%

Urban Edge Properties$22.66

Company Overview

Spirit Realty Capital, Inc. (NYSE:SRC-PA) closed at $24.26 USD, gaining $0.11 (0.46%) from the previous close of $24.15. The stock is currently within 5% of its 52-week high $19.45 and $24.69. With a market capitalization of about $3.79 billion, Spirit Realty Capital, Inc. is classified as a mid-cap and shows higher-than-market volatility (beta ~1.38). Key stats such as the average daily volume over the past year has been around 13.47 thousand shares, volume is running light vs its 52-week average. Headquartered in Dallas, TX, Spirit Realty Capital, Inc. operates in the Real Estate sector and the REIT - Diversified industry. Led by CEO Jackson Hsieh, the company employs approximately 89 people and listed since September 28, 2017. Spirit Realty Capital, Inc. (NYSE: SRC) operates as a leading real estate investment trust specializing in net-lease properties.

Technical Performance

SRC-PA has shown mixed momentum, gaining 0.3% over the past week and -1.18% over the past quarter, though year-to-date performance is down -2.19%.

Valuation Metrics

Spirit Realty Capital, Inc. trades at a P/E ratio of 20.97, slightly below the S&P 500 average, with a price-to-sales ratio of 8.62 and a price-to-book ratio of 1.27 suggesting the stock is closer to book value. The P/FCF stands at 15.29, also above market averages.

Dividend & Fair Value

Spirit Realty Capital, Inc. last paid a dividend of 1.5 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $104.84. This means the shares are trading below this model’s fair value.

Earnings & Analyst Outlook

Spirit Realty Capital, Inc. earnings surprise history is a mixed track record. The quarter that ended July 31, 2020, missed forecasts by -113.64%. The prior quarter beat by -181.82%. Over the last six quarters, Apple has recorded several small beats. These include -92.0% in February 25, 2020.

Financial & Profitability Overview

Over the trailing twelve months, Spirit Realty Capital generated $705.44M in revenue, or $5.24 per share. Gross margin was 95.77%, operating margin 46.85%, and net profit margin 40.47%. Returns are modest, with ROA at 3.37% and ROE at 6.26%.
On valuation metrics, Spirit Realty Capital trades at a P/E of 20.97, P/S of 8.62 and P/B of 1.27. Liquidity is tight, with a current ratio of 0.30 and quick ratio of 0.57. Operationally, the company’s inventory turnover is -0.39 and cash conversion cycle is -3589.16 days , indicating it collects cash faster than it pays suppliers. Debt-to-equity is 0.78, supported by a cash flow-to-debt ratio of 0.14.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2022, Spirit Realty Capital posted revenue of $705.44M, down slightly from $606.65M in the prior quarter. Gross profit was $675.60M (margin 95.77%). Operating income was $330.46M (margin 46.8%). Net income was$285.52M (EPS $2.05).
The company ended the quarter with $8.77M in cash and short-term investments, a total debt of $3.58B, and net debt of $3.57B. Total assets were $8.47B, with equity of $4.56B. Financials further reflected stability, with operating cash flow of $486.45M, free cash flow of $397.78M, and capital expenditures of - $88.68M.

Price Forecast & Outlook

Our AI price prediction model suggests that Spirit Realty Capital, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 13.52%, with price expected at $27.54 by November 24, 2023, within a range of $26.84 to $28.23

Key Takeaways

Spirit Realty Capital, Inc. (NYSE:SRC-PA) shares are flat -2.19% year-to-date Short-term momentum has been negative over the last quarter, despite recent volatility. Valuation shows Spirit Realty Capital, Inc. trading at a premium to the broader market with a P/E of 20.97.

Frequently Asked Questions

What is the current Spirit Realty Capital, Inc. (SRC-PA) stock price?

Spirit Realty Capital, Inc. (NYSE: SRC-PA) stock price is $24.26 in the last trading session. During the trading session, SRC-PA stock reached the peak price of $24.31 while $24.13 was the lowest point it dropped to. The percentage change in SRC-PA stock occurred in the recent session was 0.46% while the dollar amount for the price change in SRC-PA stock was $0.11.

SRC-PA's industry and sector of operation?

The NYSE listed SRC-PA is part of REIT - Diversified industry that operates in the broader Real Estate sector. Spirit Realty Capital, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of SRC-PA?

No Data

How SRC-PA did perform over past 52-week?

SRC-PA's closing price is 24.73% higher than its 52-week low of $19.45 where as its distance from 52-week high of $24.69 is -1.74%.

How many employees does SRC-PA have?

Number of SRC-PA employees currently stands at 89.

Link for SRC-PA official website?

Official Website of SRC-PA is: https://www.spiritrealty.com

How do I contact SRC-PA?

SRC-PA could be contacted at phone 972 476 1900 and can also be accessed through its website. SRC-PA operates from 2727 North Harwood Street, Dallas, TX 75201, United States.

How many shares of SRC-PA are traded daily?

SRC-PA stock volume for the day was 2.94K shares. The average number of SRC-PA shares traded daily for last 3 months was 13.47K.

What is the market cap of SRC-PA currently?

The market value of SRC-PA currently stands at $3.79B with its latest stock price at $24.26 and 156.36M of its shares outstanding.

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Employees	89
Beta	1.38
Sales or Revenue	$705.44M
5Y Sales Change%	0%
Fiscal Year Ends	December
Sector	Real Estate
Industry	REIT - Diversified

SRC-PA Company Profile and Key Details

Spirit Realty Capital

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Technical Performance

Valuation Metrics

Dividend & Fair Value

Earnings & Analyst Outlook

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Technical Performance

Earnings & Analyst Outlook

Financial & Profitability Overview

Quarterly Financial Highlights

Dividend & Fair Value

Company Overview

Valuation Metrics

Price Forecast & Outlook

Key Takeaways