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.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
Spirit Realty Capital, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$41.80 |
| 52 Week High | US$44.65 |
| 52 Week Low | US$32.22 |
| Beta | 1.31 |
| 1 Month Change | 14.46% |
| 3 Month Change | 8.15% |
| 1 Year Change | 1.33% |
| 3 Year Change | 6.85% |
| 5 Year Change | 9.14% |
| Change since IPO | -10.30% |
Recent News & Updates
Recent updates
REIT Merger Standoff: Spirit Realty The Clear Winner With A Low Risk Potential 18.5% Return
Nov 01Spirit Is Anything But Spooky
Oct 17Spirit Realty Capital: A Solid Prospect For Value-Oriented, Yield-Seeking Investors
Sep 19Pounce On Spirit Realty Before Realty Income Does
Aug 26Nothing Spooky About Spirit
Jun 30Spirit Realty: I'd Rather Chase High Yield
May 31Spirit Realty Capital declares $0.663 dividend
Feb 23Spirit Realty: The 6% Yield Is Growing
Feb 16Spirit Realty Capital declares $0.663 dividend
Jan 24Like Passive Income? Buy Spirit Realty Capital's 6.6% Yield
Jan 09Spirit Realty Capital, NETSTREIT stocks downgraded to Neutral at BofA
Nov 14Spirit Realty: At These Yields Don't Look Away
Oct 30Spirit Realty: A Super 7% Yield To Turn Up The Cash Flow
Sep 26Spirit Realty Capital announces $800M term loan facility
Aug 22Spirit Realty Capital: Spirit-Lifting Dividends And Upside Potential
May 13Spirit Realty Capital: Buy This 5.6% Yielding Recession-Resistant Trust
Apr 18Spirit Realty: My Oh My, Another Strong Buy
Apr 10Spirit Realty Capital: Dirt Cheap And Higher Quality Than The Market Thinks
Feb 06Now Yielding 5.4%, Spirit Realty Capital Is Unfairly Maligned By The Market
Nov 24Spirit Realty Pays You A 5.2% Yield, And Is No Longer Spooky
Sep 11Spirit Realty Capital: Now Is The Best Time To Own Consumer Discretionary Real Estate
Jun 28Increases to Spirit Realty Capital, Inc.'s (NYSE:SRC) CEO Compensation Might Cool off for now
May 13
Spirit Realty Capital: Not Bad, But Not Great Either
May 04Did Spirit Realty Capital, Inc. (NYSE:SRC) Insiders Buy Up More Shares?
Mar 02How Much Have Spirit Realty Capital (NYSE:SRC) Shareholders Earned On Their Investment Over The Last Five Years?
Jan 26Spirit Realty Capital declares $0.625 dividend
Dec 02Read This Before Selling Spirit Realty Capital, Inc. (NYSE:SRC) Shares
Dec 01
Spirit Realty Capital, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 03Shareholder Returns
| SRC | US Retail REITs | US Market | |
|---|---|---|---|
| 7D | 2.1% | 4.1% | 1.1% |
| 1Y | 1.3% | -4.0% | 11.9% |
Return vs Industry: SRC exceeded the US Retail REITs industry which returned -6.2% over the past year.
Return vs Market: SRC underperformed the US Market which returned 11% over the past year.
Price Volatility
| SRC volatility | |
|---|---|
| SRC Average Weekly Movement | 4.1% |
| Retail REITs Industry Average Movement | 3.9% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: SRC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SRC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 89 | Jackson Hsieh | https://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 fundamental statistics | |
|---|---|
| Market Cap | US$5.84b |
| Earnings (TTM) | US$248.00m |
| Revenue (TTM) | US$754.36m |
23.8x
P/E Ratio7.8x
P/S RatioIs SRC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SRC 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 perform over the long term?
See historical performance and comparisonDividends
6.4%
Current Dividend Yield75%
Payout RatioDoes SRC pay a reliable dividends?
See SRC dividend history and benchmarks| Spirit Realty Capital dividend dates | |
|---|---|
| Ex Dividend Date | Dec 27 2023 |
| Dividend Pay Date | Jan 12 2024 |
| Days until Ex dividend | 25 days |
| Days until Dividend pay date | 41 days |
Does SRC pay a reliable dividends?
See SRC dividend history and benchmarks