company background image
21S1 logo

Spirit Realty Capital DB:21S1 Stock Report

Last Price

€39.24

Market Cap

€5.5b

7D

-3.5%

1Y

3.8%

Updated

23 Jan, 2024

Data

Company Financials +

Spirit Realty Capital, Inc.

DB:21S1 Stock Report

Market Cap: €5.5b

21S1 Stock Overview

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. More details

21S1 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance1/6
Financial Health1/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Spirit Realty Capital, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Spirit Realty Capital
Historical stock prices
Current Share PriceUS$39.24
52 Week HighUS$41.20
52 Week LowUS$30.12
Beta1.38
1 Month Change-0.41%
3 Month Change27.32%
1 Year Change3.81%
3 Year Change19.87%
5 Year Change17.41%
Change since IPO10.74%

Recent News & Updates

Recent updates

Shareholder Returns

21S1DE Retail REITsDE Market
7D-3.5%-0.8%-2.0%
1Y3.8%2.5%6.9%

Return vs Industry: 21S1 exceeded the German Retail REITs industry which returned -5.5% over the past year.

Return vs Market: 21S1 exceeded the German Market which returned -1.3% over the past year.

Price Volatility

Is 21S1's price volatile compared to industry and market?
21S1 volatility
21S1 Average Weekly Movement4.6%
Retail REITs Industry Average Movement2.3%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.3%
10% least volatile stocks in DE Market2.4%

Stable Share Price: 21S1 has not had significant price volatility in the past 3 months.

Volatility Over Time: 21S1's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200389Jackson Hsiehwww.spiritrealty.com

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.

Spirit Realty Capital, Inc. Fundamentals Summary

How do Spirit Realty Capital's earnings and revenue compare to its market cap?
21S1 fundamental statistics
Market cap€5.51b
Earnings (TTM)€228.26m
Revenue (TTM)€694.31m

24.1x

P/E Ratio

7.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
21S1 income statement (TTM)
RevenueUS$754.36m
Cost of RevenueUS$52.37m
Gross ProfitUS$701.98m
Other ExpensesUS$453.99m
EarningsUS$248.00m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.75
Gross Margin93.06%
Net Profit Margin32.88%
Debt/Equity Ratio85.0%

How did 21S1 perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

75%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/01/23 19:01
End of Day Share Price 2024/01/23 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Spirit Realty Capital, Inc. is covered by 21 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan CrossettBerenberg
Joshua DennerleinBofA Global Research
David CorakB. Riley Securities, Inc.