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Spirit Realty Capital NYSE:SRC Stock Report

Last Price

US$42.31

Market Cap

US$6.0b

7D

-4.9%

1Y

1.7%

Updated

23 Jan, 2024

Data

Company Financials +

Spirit Realty Capital, Inc.

NYSE:SRC Stock Report

Market Cap: US$6.0b

SRC 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.

SRC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance1/6
Financial Health1/6
Dividends4/6

Spirit Realty Capital, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Spirit Realty Capital
Historical stock prices
Current Share PriceUS$42.31
52 Week HighUS$45.60
52 Week LowUS$32.22
Beta1.38
1 Month Change-3.11%
3 Month Change29.67%
1 Year Change1.71%
3 Year Change5.64%
5 Year Change9.81%
Change since IPO-9.21%

Recent News & Updates

Recent updates

REIT Merger Standoff: Spirit Realty The Clear Winner With A Low Risk Potential 18.5% Return

Nov 01

Spirit Is Anything But Spooky

Oct 17

Spirit Realty Capital: A Solid Prospect For Value-Oriented, Yield-Seeking Investors

Sep 19

Pounce On Spirit Realty Before Realty Income Does

Aug 26

Nothing Spooky About Spirit

Jun 30

Spirit Realty: I'd Rather Chase High Yield

May 31

Spirit Realty Capital declares $0.663 dividend

Feb 23

Spirit Realty: The 6% Yield Is Growing

Feb 16

Spirit Realty Capital declares $0.663 dividend

Jan 24

Like Passive Income? Buy Spirit Realty Capital's 6.6% Yield

Jan 09

Spirit Realty Capital, NETSTREIT stocks downgraded to Neutral at BofA

Nov 14

Spirit Realty: At These Yields Don't Look Away

Oct 30

Spirit Realty: A Super 7% Yield To Turn Up The Cash Flow

Sep 26

Spirit Realty Capital announces $800M term loan facility

Aug 22

Spirit Realty Capital: Spirit-Lifting Dividends And Upside Potential

May 13

Spirit Realty Capital: Buy This 5.6% Yielding Recession-Resistant Trust

Apr 18

Spirit Realty: My Oh My, Another Strong Buy

Apr 10

Spirit Realty Capital: Dirt Cheap And Higher Quality Than The Market Thinks

Feb 06

Now Yielding 5.4%, Spirit Realty Capital Is Unfairly Maligned By The Market

Nov 24

Spirit Realty Pays You A 5.2% Yield, And Is No Longer Spooky

Sep 11

Spirit Realty Capital: Now Is The Best Time To Own Consumer Discretionary Real Estate

Jun 28

Increases to Spirit Realty Capital, Inc.'s (NYSE:SRC) CEO Compensation Might Cool off for now

May 13
Increases to Spirit Realty Capital, Inc.'s (NYSE:SRC) CEO Compensation Might Cool off for now

Spirit Realty Capital: Not Bad, But Not Great Either

May 04

Did Spirit Realty Capital, Inc. (NYSE:SRC) Insiders Buy Up More Shares?

Mar 02
Did Spirit Realty Capital, Inc. (NYSE:SRC) Insiders Buy Up More Shares?

Shareholder Returns

SRCUS Retail REITsUS Market
7D-4.9%0.7%0.4%
1Y1.7%9.4%28.8%

Return vs Industry: SRC exceeded the US Retail REITs industry which returned -0.8% over the past year.

Return vs Market: SRC underperformed the US Market which returned 19.4% over the past year.

Price Volatility

Is SRC's price volatile compared to industry and market?
SRC volatility
SRC Average Weekly Movement4.0%
Retail REITs Industry Average Movement2.9%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: SRC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200389Jackson Hsiehhttps://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

How do Spirit Realty Capital's earnings and revenue compare to its market cap?
SRC fundamental statistics
Market capUS$5.99b
Earnings (TTM)US$248.00m
Revenue (TTM)US$754.36m

24.1x

P/E Ratio

7.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SRC 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 SRC perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

75%

Payout Ratio
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