SRC.PRA 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
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
My Notes
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Spirit Realty Capital, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$24.26 |
| 52 Week High | US$24.69 |
| 52 Week Low | US$19.45 |
| Beta | 1.38 |
| 1 Month Change | 2.19% |
| 3 Month Change | 21.48% |
| 1 Year Change | 2.75% |
| 3 Year Change | -6.73% |
| 5 Year Change | 10.32% |
| Change since IPO | -2.77% |
Recent News & Updates
Recent updates
Shareholder Returns
| SRC.PRA | US Retail REITs | US Market | |
|---|---|---|---|
| 7D | 0.5% | -4.1% | -2.1% |
| 1Y | 2.8% | 3.3% | 21.3% |
Return vs Industry: SRC.PRA exceeded the US Retail REITs industry which returned -0.8% over the past year.
Return vs Market: SRC.PRA underperformed the US Market which returned 19.4% over the past year.
Price Volatility
| SRC.PRA volatility | |
|---|---|
| SRC.PRA Average Weekly Movement | 3.8% |
| Retail REITs Industry Average Movement | 2.9% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 18.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: SRC.PRA has not had significant price volatility in the past 3 months.
Volatility Over Time: SRC.PRA's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 89 | Jackson Hsieh | www.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
| SRC.PRA fundamental statistics | |
|---|---|
| Market cap | US$5.99b |
| Earnings (TTM) | US$248.00m |
| Revenue (TTM) | US$754.36m |
24.1x
P/E Ratio7.9x
P/S RatioIs SRC.PRA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SRC.PRA income statement (TTM) | |
|---|---|
| Revenue | US$754.36m |
| Cost of Revenue | US$52.37m |
| Gross Profit | US$701.98m |
| Other Expenses | US$453.99m |
| Earnings | US$248.00m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.75 |
| Gross Margin | 93.06% |
| Net Profit Margin | 32.88% |
| Debt/Equity Ratio | 85.0% |
How did SRC.PRA perform over the long term?
See historical performance and comparisonDividends
6.3%
Current Dividend Yield75%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/23 05:35 |
| End of Day Share Price | 2024/01/22 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nathan Crossett | Berenberg |
| Joshua Dennerlein | BofA Global Research |
| David Corak | B. Riley Securities, Inc. |