Spirit Realty Capital Future Growth

Future criteria checks 0/6

Spirit Realty Capital's earnings are forecast to decline at 8.7% per annum while its annual revenue is expected to grow at 4.9% per year. EPS is expected to decline by 3.5% per annum. Return on equity is forecast to be 5% in 3 years.

Key information

-8.7%

Earnings growth rate

-3.5%

EPS growth rate

Retail REITs earnings growth	8.5%
Revenue growth rate	4.9%
Future return on equity	5.0%
Analyst coverage	Good
Last updated	21 Jan 2024

Recent future growth 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

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

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

Earnings and Revenue Growth Forecasts

NYSE:SRC - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	886	208	N/A	532	2
12/31/2025	836	203	N/A	520	2
12/31/2024	807	198	N/A	515	6
12/31/2023	766	235	N/A	515	4
9/30/2023	754	248	521	521	N/A
6/30/2023	744	286	523	523	N/A
3/31/2023	730	315	510	510	N/A
12/31/2022	710	275	486	486	N/A
9/30/2022	682	249	475	475	N/A
6/30/2022	652	213	444	444	N/A
3/31/2022	642	218	425	425	N/A
12/31/2021	608	161	411	411	N/A
9/30/2021	580	146	383	383	N/A
6/30/2021	541	118	373	373	N/A
3/31/2021	495	30	312	312	N/A
12/31/2020	482	16	314	314	N/A
9/30/2020	544	-9	286	286	N/A
6/30/2020	543	59	328	328	N/A
3/31/2020	533	105	335	335	N/A
12/31/2019	501	164	339	339	N/A
9/30/2019	444	214	362	362	N/A
6/30/2019	435	164	320	320	N/A
3/31/2019	427	143	315	315	N/A
12/31/2018	426	137	336	336	N/A
9/30/2018	414	119	328	328	N/A
6/30/2018	419	97	353	353	N/A
3/31/2018	427	79	390	390	N/A
12/31/2017	426	37	394	394	N/A
9/30/2017	492	4	402	402	N/A
6/30/2017	551	24	N/A	386	N/A
3/31/2017	609	67	N/A	369	N/A
12/31/2016	426	28	N/A	388	N/A
9/30/2016	668	102	N/A	360	N/A
6/30/2016	667	90	N/A	381	N/A
3/31/2016	666	93	N/A	382	N/A
12/31/2015	660	92	N/A	372	N/A
9/30/2015	647	117	N/A	335	N/A
6/30/2015	633	110	N/A	318	N/A
3/31/2015	616	-30	N/A	232	N/A
12/31/2014	598	-42	N/A	219	N/A
9/30/2014	582	-66	N/A	224	N/A
6/30/2014	567	-97	N/A	146	N/A
3/31/2014	491	-17	N/A	176	N/A
12/31/2013	418	-34	N/A	138	N/A
9/30/2013	348	-41	N/A	104	N/A
6/30/2013	275	-71	N/A	119	N/A
3/31/2013	274	-68	N/A	115	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SRC's earnings are forecast to decline over the next 3 years (-8.7% per year).

Earnings vs Market: SRC's earnings are forecast to decline over the next 3 years (-8.7% per year).

High Growth Earnings: SRC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SRC's revenue (4.9% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: SRC's revenue (4.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SRC's Return on Equity is forecast to be low in 3 years time (5%).

Spirit Realty Capital Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 13%

Consensus EPS estimates increase by 10%

Consensus EPS estimates increase to US$1.18

Consensus EPS estimates increase to US$1.03

Consensus EPS estimates fall to US$0.84

Analysts increase EPS estimates to US$1.04

Recent updates

Spirit Realty Capital Files Form 15

Realty Income Corporation (NYSE:O) completed the acquisition of Spirit Realty Capital, Inc. (NYSE:SRC) from The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Cohen & Steers, Inc. (NYSE:CNS), FMR LLC, State Street Corporation (NYSE:STT) and others.

Upcoming dividend of US$0.67 per share at 6.1% yield

Spirit Realty Capital, Inc. Declares Quarterly Cash Dividend, Payable on January 12, 2024

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Realty Income Corporation (NYSE:O) entered into a definitive merger agreement to acquire Spirit Realty Capital, Inc. (NYSE:SRC).

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

Realty Income Corporation (NYSE:O) entered into a definitive merger agreement to acquire Spirit Realty Capital, Inc. (NYSE:SRC).

Realty Income Corporation (NYSE:O) entered into a definitive merger agreement to acquire Spirit Realty Capital, Inc. (NYSE:SRC).

Spirit Is Anything But Spooky

Spirit Realty Capital, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Upcoming dividend of US$0.67 per share at 7.3% yield

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

Pounce On Spirit Realty Before Realty Income Does

Consensus EPS estimates increase by 13%

Spirit Realty Capital, Inc. Declares Quarterly Dividend, Payable on October 13, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations

Spirit Realty Capital, Inc. to Report Q2, 2023 Results on Aug 07, 2023

Nothing Spooky About Spirit

Upcoming dividend of US$0.66 per share at 6.8% yield

Spirit Realty: I'd Rather Chase High Yield

Consensus EPS estimates increase by 10%

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Spirit Realty Capital, Inc. Announces Quarterly Cash Dividend for Common Stock, Payable on July 14, 2023

Executive VP recently sold US$718k worth of stock

Full year 2022 earnings: EPS exceeds analyst expectations

Spirit Realty Capital declares $0.663 dividend

Spirit Realty: The 6% Yield Is Growing

Spirit Realty Capital, Inc. to Report Q4, 2022 Results on Feb 28, 2023

Spirit Realty Capital declares $0.663 dividend

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

Upcoming dividend of US$0.66 per share

Key Executive recently bought US$251k worth of stock

Spirit Realty Capital, NETSTREIT stocks downgraded to Neutral at BofA

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Spirit Realty Capital, Inc. Declares A Quarterly Cash Dividend, Payable on January 13, 2023

Spirit Realty: At These Yields Don't Look Away

Spirit Realty Capital, Inc. to Report Q3, 2022 Results on Nov 08, 2022

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

Upcoming dividend of US$0.66 per share

Insider notifies of intention to sell stock

Spirit Realty Capital announces $800M term loan facility

Spirit Realty Capital, Inc. Announces Increase in Common Stock Quarterly Cash Dividend, Payable on October 14, 2022

Second quarter 2022 earnings: EPS exceeds analyst expectations

Spirit Realty Capital, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Upcoming dividend of US$0.64 per share

Spirit Realty Capital Inc. Declares Quarterly Cash Dividend for Common Stock, Payable on July 15, 2022

Spirit Realty Capital: Spirit-Lifting Dividends And Upside Potential

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

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

Spirit Realty: My Oh My, Another Strong Buy

Spirit Realty Capital, Inc. Announces Todd Dunn Not to Stand for Re-Election

Spirit Realty Capital, Inc. to Report Q1, 2022 Results on May 03, 2022

Upcoming dividend of US$0.64 per share

Executive VP recently sold US$883k worth of stock

Spirit Realty Capital, Inc. Announces Quarterly Cash Dividend on Common Stock, Payable on April 14, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Spirit Realty Capital, Inc., Annual General Meeting, May 18, 2022

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

Spirit Realty Capital, Inc. has completed a Follow-on Equity Offering in the amount of $390.32 million.

Upcoming dividend of US$0.64 per share

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

Third quarter 2021 earnings released: FFO US$0.92 per share (vs US$0.59 in 3Q 2020)

Upcoming dividend of US$0.64 per share

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

Consensus EPS estimates increase to US$1.18

Consensus EPS estimates increase to US$1.03

Insider notifies of intention to sell stock

Second quarter 2021 earnings released: FFO US$1.05 per share (vs US$0.71 in 2Q 2020)