Loading...

Spirit MTA REIT

NYSE:SMTA
Snowflake Description

Mediocre balance sheet unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SMTA
NYSE
$292M
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Spirit MTA REIT (NYSE: SMTA) is a net-lease REIT headquartered in Dallas, Texas. The last earnings update was 9 days ago. More info.


Add to Portfolio Compare Print
SMTA Share Price and Events
7 Day Returns
-1.9%
NYSE:SMTA
-0.3%
US REITs
0.2%
US Market
1 Year Returns
-25.4%
NYSE:SMTA
13.3%
US REITs
2.9%
US Market
SMTA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Spirit MTA REIT (SMTA) -1.9% -1.5% -9.7% -25.4% - -
US REITs -0.3% 3.5% 3.2% 13.3% 11.3% 24.8%
US Market 0.2% -1.6% 2.4% 2.9% 36.1% 41%
1 Year Return vs Industry and Market
  • SMTA underperformed the REITs industry which returned 13.3% over the past year.
  • SMTA underperformed the Market in United States of America which returned 2.9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

SMTA Value

 Is Spirit MTA REIT undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Spirit MTA REIT is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Spirit MTA REIT has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Spirit MTA REIT. This is due to cash flow or dividend data being unavailable. The share price is $6.76.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Spirit MTA REIT's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Spirit MTA REIT's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:SMTA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-6.17
NYSE:SMTA Share Price ** NYSE (2019-05-23) in USD $6.76
United States of America REITs Industry PE Ratio Median Figure of 155 Publicly-Listed REITs Companies 32.92x
United States of America Market PE Ratio Median Figure of 3,085 Publicly-Listed Companies 17.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Spirit MTA REIT.

NYSE:SMTA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:SMTA Share Price ÷ EPS (both in USD)

= 6.76 ÷ -6.17

-1.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Spirit MTA REIT is loss making, we can't compare its value to the US REITs industry average.
  • Spirit MTA REIT is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Spirit MTA REIT's expected growth come at a high price?
Raw Data
NYSE:SMTA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America REITs Industry PEG Ratio Median Figure of 141 Publicly-Listed REITs Companies 2.41x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Spirit MTA REIT, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Spirit MTA REIT's assets?
Raw Data
NYSE:SMTA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $-3.37
NYSE:SMTA Share Price * NYSE (2019-05-23) in USD $6.76
United States of America REITs Industry PB Ratio Median Figure of 191 Publicly-Listed REITs Companies 1.89x
United States of America Market PB Ratio Median Figure of 5,201 Publicly-Listed Companies 1.84x
NYSE:SMTA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:SMTA Share Price ÷ Book Value per Share (both in USD)

= 6.76 ÷ -3.37

-2x

* Primary Listing of Spirit MTA REIT.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Spirit MTA REIT has negative assets, we can't compare the value of its assets to the US REITs industry average.

Next steps:

  1. Take a look at our analysis of SMTA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Spirit MTA REIT's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the REITs industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Spirit MTA REIT's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. Spirit MTA REIT has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SMTA Future Performance

 How is Spirit MTA REIT expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Spirit MTA REIT has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.8%
Expected REITs industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Spirit MTA REIT expected to grow at an attractive rate?
  • Unable to compare Spirit MTA REIT's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Spirit MTA REIT's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Spirit MTA REIT's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NYSE:SMTA Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America REITs Industry Earnings Growth Rate Market Cap Weighted Average 5.8%
United States of America REITs Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:SMTA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:SMTA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 241 90 -265
2018-12-31 246 97 -230
2018-09-30 240 97 -14
2018-06-30 235 112 -13
2018-03-31 231 123 -3
2017-12-31 228 131 18
2016-12-31 240 138 48

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Spirit MTA REIT is high growth as no earnings estimate data is available.
  • Unable to determine if Spirit MTA REIT is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:SMTA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Spirit MTA REIT Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:SMTA Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -6.17
2018-12-31 -5.36
2018-09-30 -0.33
2018-06-30 -0.30
2018-03-31 -0.08
2017-12-31 0.43
2016-12-31 1.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Spirit MTA REIT will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of SMTA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Spirit MTA REIT's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  3. Spirit MTA REIT's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Spirit MTA REIT's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Spirit MTA REIT has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SMTA Past Performance

  How has Spirit MTA REIT performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Spirit MTA REIT's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Spirit MTA REIT does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Spirit MTA REIT's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Spirit MTA REIT's 1-year growth to the US REITs industry average as it is not currently profitable.
Earnings and Revenue History
Spirit MTA REIT's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Spirit MTA REIT Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:SMTA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 241.22 -264.50 38.58
2018-12-31 245.81 -229.76 32.96
2018-09-30 239.98 -14.05 27.92
2018-06-30 234.72 -12.98 24.03
2018-03-31 230.72 -3.29 26.75
2017-12-31 228.20 18.29 25.99
2016-12-31 239.80 47.92 24.38
2015-12-31 254.77 112.80 26.30

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Spirit MTA REIT has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Spirit MTA REIT has efficiently used its assets last year compared to the US REITs industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Spirit MTA REIT improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Spirit MTA REIT's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Spirit MTA REIT has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SMTA Health

 How is Spirit MTA REIT's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Spirit MTA REIT's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Spirit MTA REIT is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Spirit MTA REIT's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Spirit MTA REIT's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Spirit MTA REIT Company Filings, last reported 1 month ago.

NYSE:SMTA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 9.80 1,980.94 108.88
2018-12-31 65.54 2,138.80 161.01
2018-09-30 336.04 1,993.57 16.19
2018-06-30 357.33 1,999.75 37.36
2018-03-31 274.76 2,007.77 0.01
2017-12-31 390.92 1,926.84 0.01
2016-12-31 944.86 1,339.61 1.27
2015-12-31 940.53 1,459.88 0.92
  • Spirit MTA REIT's level of debt (20211.6%) compared to net worth is high (greater than 40%).
  • Unable to establish if Spirit MTA REIT's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Spirit MTA REIT has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Spirit MTA REIT has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21% per year.
X
Financial health checks
We assess Spirit MTA REIT's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Spirit MTA REIT has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SMTA Dividends

 What is Spirit MTA REIT's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
18.34%
Current annual income from Spirit MTA REIT dividends.
If you bought $2,000 of Spirit MTA REIT shares you are expected to receive $367 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Spirit MTA REIT's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • Spirit MTA REIT's dividend is above the markets top 25% of dividend payers in United States of America (3.7%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:SMTA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America REITs Industry Average Dividend Yield Market Cap Weighted Average of 184 Stocks 3.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:SMTA Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-15 1.240 18.003
2019-05-10 1.240 17.926
2019-03-06 1.650 24.018
2018-12-06 1.320 16.819
2018-11-09 1.000 9.933
2018-08-10 1.000 9.189
2018-08-09 1.000 9.639

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Spirit MTA REIT has stable dividend payments.
  • Spirit MTA REIT only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Spirit MTA REIT's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Spirit MTA REIT's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Spirit MTA REIT afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Spirit MTA REIT has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SMTA Management

 What is the CEO of Spirit MTA REIT's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ricardo Rodriguez
COMPENSATION $0
AGE 41
TENURE AS CEO 1 years
CEO Bio

Mr. Ricardo Jonas Rodriguez has been Chief Executive Officer, President, Chief Financial Officer and Treasurer at Spirit MTA REIT since May 15, 2018. Mr. Rodriguez joined Spirit Master Trust from Morgan Stanley. Mr. Rodriguez has 17 years of experience and served as Executive Director of Global Capital Markets in the Structured Solutions Group where he served as head of term ABS banking and origination and worked on over $70 billion of public and private capital market transactions. Mr. Rodriguez graduated from the United States Naval Academy with a Bachelor of Science in Economics and Weapons & Systems Engineering.

CEO Compensation
  • Insufficient data for Ricardo to compare compensation growth.
  • Ricardo's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Ricardo Rodriguez

TITLE
CEO, President
AGE
41
TENURE
1 yrs

Cara Smith

TITLE
Investor Relations Officer

Jay Young

TITLE
Secretary
AGE
48
Board of Directors Tenure

Average tenure and age of the Spirit MTA REIT board of directors in years:

1
Average Tenure
56
Average Age
  • The average tenure for the Spirit MTA REIT board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jackson Hsieh

TITLE
Chairman
AGE
57

Tom Sullivan

TITLE
Independent Trustee
COMPENSATION
$545K
AGE
55
TENURE
1 yrs

Steve Shepsman

TITLE
Independent Trustee
COMPENSATION
$545K
AGE
66
TENURE
1 yrs

Steven Panagos

TITLE
Independent Trustee
COMPENSATION
$545K
AGE
56
TENURE
1 yrs

Richard Stockton

TITLE
Lead Independent Trustee
COMPENSATION
$542K
AGE
47
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
16. Oct 18 Buy Ricardo Rodriguez Individual 15. Oct 18 15. Oct 18 1,038 $11.12 $11,543
15. Jun 18 Buy Ricardo Rodriguez Individual 13. Jun 18 14. Jun 18 34,160 $10.20 $346,690
07. Jun 18 Sell Jackson Hsieh Individual 05. Jun 18 05. Jun 18 -61,680 $9.45 $-582,876
X
Management checks
We assess Spirit MTA REIT's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Spirit MTA REIT has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SMTA News

Simply Wall St News

What Kind Of Shareholder Owns Most Spirit MTA REIT (NYSE:SMTA) Stock?

Companies that have been privatized tend to have low insider ownership. … Spirit MTA REIT is a smaller company with a market capitalization of US$298m, so it may still be flying under the radar of many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

Investing In Spirit MTA REIT (NYSE:SMTA): What You Need To Know

Spirit MTA REIT is a US$316m. … real estate investment trust (REIT) based in Dallas, United States. … This term is very common in the REIT investing world as it provides a cleaner look at its cash flow from daily operations by excluding impact of one-off activities or non-cash items such as depreciation

Simply Wall St -

Is Spirit MTA REIT (NYSE:SMTA) A Healthy REIT?

real estate investment trust (REIT) based in Dallas, United States. … They have to meet certain requirements in order to become a REIT, meaning they should be analyzed a different way. … A common financial term REIT investors should know is Funds from Operations, or FFO for short, which is a REIT's main source of income from its portfolio of property, such as rent

Simply Wall St -

SMTA Company Info

Description

Spirit MTA REIT (NYSE: SMTA) is a net-lease REIT headquartered in Dallas, Texas. SMTA owns one of the largest, most diversified and seasoned commercial real estate backed master funding vehicles. SMTA is managed by Spirit Realty, L.P., a wholly-owned subsidiary of Spirit (NYSE: SRC), one of the largest publicly traded triple net-lease REITs. As of March 31, 2019, our diversified portfolio was comprised of 796 properties, including properties securing mortgage loans made by the Company. Our owned properties, with an aggregate gross leasable area of approximately 13.9 million square feet, are leased to approximately 203 tenants across 43 states and 24 industries.

Details
Name: Spirit MTA REIT
SMTA
Exchange: NYSE
Founded:
$291,761,133
43,159,931
Website: http://www.spiritmastertrust.com
Address: Spirit MTA REIT
2727 North Harwood Drive,
Suite 300,
Dallas,
Texas, 75201,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE SMTA Common Shares New York Stock Exchange US USD 18. May 2018
Number of employees
Current staff
Staff numbers
0
Spirit MTA REIT employees.
Industry
Retail REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 00:54
End of day share price update: 2019/05/23 00:00
Last earnings filing: 2019/05/15
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.