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SRC

SRC - Spirit Realty Capital Inc Stock Price, Fair Value and News

0.90USD-0.08 (-8.16%)Market Closed

Market Summary

SRC
USD0.90-0.08
Market Closed
-8.16%

SRC Stock Price

View Fullscreen

SRC RSI Chart

SRC Valuation

Market Cap

138.5M

Price/Earnings (Trailing)

0.54

Price/Sales (Trailing)

0.18

EV/EBITDA

5.38

Price/Free Cashflow

0.27

SRC Price/Sales (Trailing)

SRC Profitability

EBT Margin

34.45%

Return on Equity

5.71%

Return on Assets

2.96%

Free Cashflow Yield

376.24%

SRC Fundamentals

SRC Revenue

Revenue (TTM)

754.4M

Rev. Growth (Yr)

5.72%

Rev. Growth (Qtr)

2.15%

SRC Earnings

Earnings (TTM)

256.3M

Earnings Growth (Yr)

-49.81%

Earnings Growth (Qtr)

-29%

Breaking Down SRC Revenue

Last 7 days

5.3%

Last 30 days

1.0%

Last 90 days

-97.8%

Trailing 12 Months

-97.4%

How does SRC drawdown profile look like?

SRC Financial Health

Debt/Equity

0.85

Debt/Cashflow

0.14

SRC Investor Care

Dividend Yield

8.53%

Dividend/Share (TTM)

3.61

Shares Dilution (1Y)

1.20%

Diluted EPS (TTM)

1.75

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023729.5M743.9M754.4M0
2022641.6M652.0M682.3M709.6M
2021496.0M542.1M581.0M608.4M
2020526.6M529.3M476.1M483.6M
2019454.2M467.5M524.8M516.4M
2018428.3M422.1M423.0M445.1M
2017435.8M434.5M433.7M431.3M
2016611.1M553.1M494.2M435.3M
2015621.2M637.3M653.5M667.3M
2014492.5M571.8M587.3M602.9M
2013276.4M281.4M350.4M419.5M
2012267.4M268.8M270.0M273.1M
2011280.2M278.6M278.3M265.3M
20100277.4M279.3M281.2M
2009000275.5M
Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Spirit Realty Capital Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jan 23, 2024
parag prakash j
back to issuer
-
-
-38,573
svp, chief accounting officer
Jan 23, 2024
young jay
acquired
-
-
23,595
evp, cao, clo
Jan 23, 2024
thomas rochelle
acquired
-
-
14,318
evp, general counsel
Jan 23, 2024
laing diana
back to issuer
-
-
-18,639
-
Jan 23, 2024
young jay
back to issuer
-
-
-90,435
evp, cao, clo
Jan 23, 2024
thomas rochelle
back to issuer
-
-
-52,872
evp, general counsel
Jan 23, 2024
heimlich kenneth
acquired
-
-
29,909
evp, chief investment officer
Jan 23, 2024
gilchrist richard i
back to issuer
-
-
-50,560
-
Jan 23, 2024
hughes michael c.
back to issuer
-
-
-185,784
evp, cfo
Jan 23, 2024
shepherd nicholas p
back to issuer
-
-
-27,881
-

1–10 of 50

Which funds bought or sold SRC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 17, 2024
All Season Financial Advisors, Inc.
sold off
-100
-446,250
-
 -%
Apr 17, 2024
Alpha Omega Wealth Management LLC
sold off
-100
-5,214,300
-
 -%
Apr 17, 2024
SPIRIT OF AMERICA MANAGEMENT CORP/NY
sold off
-100
-174,760
-
 -%
Apr 17, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
reduced
-16.49
-150,000
1,095,000
 0.04%
Apr 16, 2024
Financial Management Professionals, Inc.
sold off
-100
-
-
 -%
Apr 16, 2024
TSFG, LLC
sold off
-100
-87,000
-
 -%
Apr 15, 2024
JANICZEK WEALTH MANAGEMENT, LLC
sold off
-100
-17,176
-
 -%
Apr 15, 2024
Sunbelt Securities, Inc.
sold off
-100
-6,422
-
 -%
Apr 15, 2024
Sound Income Strategies, LLC
sold off
-100
-10,933,100
-
 -%
Apr 12, 2024
MILLER HOWARD INVESTMENTS INC /NY
sold off
-100
-5,679,700
-
 -%

1–10 of 50

Are Funds Buying or Selling SRC?

Are funds buying SRC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SRC
No. of Funds

Unveiling Spirit Realty Capital Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
cohen & steers, inc.
9.46%
13,394,300
SC 13G/A
Feb 13, 2024
vanguard group inc
13.99%
19,798,478
SC 13G/A
Feb 12, 2024
cohen & steers, inc.
0.00%
0
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 30, 2024
state street corp
5.56%
7,863,991
SC 13G/A
Jan 23, 2024
blackrock inc.
11.8%
16,745,822
SC 13G/A
Feb 14, 2023
cohen & steers, inc.
11.69%
16,327,751
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
14.66%
20,472,067
SC 13G/A
Feb 06, 2023
state street corp
5.52%
7,714,714
SC 13G/A

Recent SEC filings of Spirit Realty Capital Inc

View All Filings
Date Filed Form Type Document
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report
Feb 06, 2024
15-15D
15-15D
Feb 06, 2024
15-15D
15-15D
Feb 06, 2024
15-15D
15-15D
Jan 30, 2024
SC 13G/A
Major Ownership Report
Jan 24, 2024
8-K
Current Report
Jan 24, 2024
S-3DPOS
Dividend Reinvestment Plan

Peers (Alternatives to Spirit Realty Capital Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
AMT
80.2B
11.1B
 -12.19% -17.37%
58.68
7.2
 4.04% -19.43%
CCI
40.3B
7.0B
 -10.96% -29.83%
26.87
5.78
 -0.07% -10.36%
AVB
25.7B
2.8B
 -0.85% 4.43%
27.68
9.29
 6.73% -18.30%
ARE
20.0B
2.9B
 -5.68% -5.65%
193.13
6.94
 11.46% -80.13%
AMH
12.5B
1.6B
 -3.32% 4.08%
29.04
7.81
 7.80% 39.39%
REG
10.6B
1.3B
 -3.54% -5.60%
29
7.99
 8.04% -24.50%
BXP
9.1B
3.3B
 -7.75% 10.09%
47.83
2.78
 5.31% -77.32%
MID-CAP
FRT
8.1B
1.1B
 -2.74% -0.94%
33.99
7.11
 5.38% -38.52%
MAC
3.3B
884.1M
 -6.39% 56.30%
-12.1
3.75
 2.90% -314.82%
SLG
3.2B
899.4M
 -2.68% 111.31%
-5.7
3.58
 -0.45% -623.11%
SMALL-CAP
AAT
1.2B
441.2M
 -3.08% 15.27%
19.26
2.82
 4.38% 15.77%
AIV
1.1B
198.2M
 4.45% -4.79%
-7.13
5.71
 -43.33% -270.70%
MFA
1.0B
605.6M
 -9.21% 2.71%
13.05
1.73
 25.53% 134.62%
NYMT
622.2M
258.7M
 -4.75% -31.04%
-12.79
2.41
 0.11% 83.70%
IVR
394.5M
277.9M
 -10.75% -21.50%
-24.87
1.42
 44.33% 96.06%

Spirit Realty Capital Inc News

Latest updates
Realty Income • 2 months ago
Spirit Acquisition
Yahoo Finance • 2 months ago
Realty Income Closes Merger with Spirit Realty Capital
PR Newswire • 3 months ago
Spirit Realty Capital Shareholders Approve Realty Income Merger
Business Wire • 4 months ago
Spirit Realty Capital, Inc. Announces Quarterly Cash Dividend for Common and Preferred Stock
Investopedia • 5 months ago
Realty Income Buys Spirit Realty Capital for About $9.3 Billion
The Motley Fool • 5 months ago
Why Spirit Realty Capital Stock Soared and Realty Income Sank Monday
InvestorPlace • 5 months ago
SRC Stock Alert: The $9.3 Billion Reason Spirit Realty Capital Is Up Today
MarketWatch • 5 months ago
Spirit Realty's stock rallies on $9 billion buyout by Realty Income Corp.
Seeking Alpha • 5 months ago
Realty Income: Bigger And Better From The Merger With Spirit Realty Capital (NYSE:O)
PR Newswire • 5 months ago
Realty Income to Acquire Spirit Realty Capital in $9.3 Billion Transaction

Spirit Realty Capital Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue2.2%193189188183183175168156153165135129114119123121167116113129110
Costs and Expenses6.7%15814814116112913111911311211410911210312013910210489.0090.0087.0083.00
  S&GA Expenses-6.7%14.0015.0016.0015.0014.0013.0015.0013.0013.0013.0013.0012.0011.0012.0013.0013.0013.0014.0013.0013.0011.00
EBITDA Margin-5.1%0.94*0.99*1.03*0.98*0.95*0.92*0.92*0.85*0.85*0.85*0.73*----------
Interest Expenses6.9%37.0035.0034.0033.0031.0028.0026.0025.0025.0026.0027.0026.0026.0026.0025.0025.0025.0025.0027.0026.0025.00
Income Taxes-20.6%0.000.000.000.000.000.000.000.000.000.000.00-0.130.000.000.00-0.2311.000.000.000.000.00
Earnings Before Taxes-29.0%39.0054.0096.0070.0077.0083.0056.0045.0041.0088.00-1.3829.0014.00-0.34-15.714.0092.0046.0044.0055.0031.00
EBT Margin-14.0%0.34*0.40*0.45*0.40*0.38*0.34*0.36*0.28*0.27*0.24*0.08*----------
Net Income-29.0%38.0054.0096.0067.0077.0083.0056.0042.0038.0085.00-4.0627.0011.00-3.00-18.432.0079.0043.0041.0052.0027.00
Net Income Margin-14.2%0.34*0.40*0.44*0.40*0.38*0.34*0.35*0.27*0.25*0.22*0.06*----------
Free Cashflow-29.1%11315910214811514678.0013684.0012764.00----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-0.5%8,6508,6958,4828,4738,3428,0827,7897,3316,8956,7136,6956,3976,0915,9786,1355,8335,6645,3085,1595,0965,093
    Cash Equivalents-23.1%1341755.009.001105.0024.0018.0016.009.0026270.0011797.0021726.0035810.009.0077.008.00
  Goodwill0%226226226226226226226226226226226226226226226226226226226226226
Liabilities0.1%4,1574,1553,9283,9123,8213,7293,5243,3313,0573,0283,1702,7962,7592,6942,7862,4192,3312,3792,3402,2952,288
  Long Term Debt0.0%3,8203,8183,6193,5753,5183,4203,2453,0132,7732,7362,9122,5062,5062,4372,5382,1532,0782,1262,1002,0552,064
Shareholder's Equity-1.0%4,4934,5404,5544,5614,5214,3534,2654,0003,8393,6853,5253,6013,3323,2843,3493,4133,3332,9292,8192,8022,805
  Retained Earnings-2.0%-3,036-2,975-2,933-2,931-2,905-2,886-2,879-2,840-2,800-2,758-2,768-2,688-2,643-2,587-2,518-2,432-2,370-2,385-2,371-2,357-2,354
  Additional Paid-In Capital0.1%7,3017,2967,2917,2867,2177,0716,9776,6736,4736,2796,1306,1275,8135,7105,7075,6865,5445,1655,0324,9964,990
Shares Outstanding0.0%141141141141136131128128120115115104---------
Float------5,100---5,700---3,600---3,800---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-29.1%112,802159,055101,691147,565114,543146,07178,271135,75083,890127,06264,431107,78873,51365,83367,17879,700115,07872,92271,353102,55373,401
  Share Based Compensation-1.3%4,9064,9705,2304,5594,3934,3874,0253,5073,5043,6143,3782,9142,9663,3093,4513,2823,5343,8833,5782,9253,085
Cashflow From Investing51.1%-52,554-107,530-89,974-212,326-191,024-311,967-499,550-488,489-285,970-214,114-181,254-394,984-145,926-11,175-195,665-566,383-26,682-160,561-141,37316,929-223,045
Cashflow From Financing-191.7%-96,429105,179-55,17216,885149,349176,281430,056354,974150,087-107,280295,414241,00592,517-173,670330,861143,040260,28180,73620,491-67,360147,285
  Dividend Payments0.0%93,70393,68193,63692,59586,98685,68983,19578,67674,44072,05072,93166,17864,40265,54664,36262,33156,31954,25753,61553,56077,129
  Buy Backs-100.0%-1451,31260.00-17.006,4103.00-5493,8431.00-2,0312,3491.001,15867870456.001,519

SRC Income Statement

2023-09-30
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:    
Rental income$ 188,205$ 180,296$ 561,765$ 520,930
Interest income on loans receivable1,5065213,9191,362
Earned income from direct financing leases131131393393
Other operating income3,5331,9564,8883,550
Total revenues193,375182,904570,965526,235
Expenses:    
General and administrative14,06214,31345,01642,408
Property costs (including reimbursable)8,3827,39524,07722,600
Deal pursuit costs3424701,1741,490
Interest36,91930,956104,99384,573
Depreciation and amortization79,37074,600236,527216,606
Impairments19,2581,57136,05211,096
Total expenses158,333129,305447,839378,773
Other income:    
Loss on debt extinguishment  0(172)
Gain on disposition of assets3,66123,30266,45063,107
Other income   5,679
Total other income3,66123,30266,45068,614
Income before income tax expense38,70376,901189,576216,076
Income tax expense(235)(261)(754)(640)
Net income38,46876,640188,822215,436
Dividends paid to preferred shareholders(2,587)(2,587)(7,763)(7,763)
Net income attributable to common stockholders$ 35,881$ 74,053$ 181,059$ 207,673
Net income per share attributable to common stockholders:    
Basic (in USD per share)$ 0.25$ 0.54$ 1.28$ 1.56
Diluted (in USD per share)$ 0.25$ 0.54$ 1.28$ 1.56
Weighted average shares of common stock outstanding:    
Basic (in shares)141,124,401136,314,369141,094,907132,835,210
Diluted (in shares)[1]141,149,865136,314,369141,103,395132,965,297
Dividends declared per common share/per partnership unit issued (in USD per share)$ 0.6696$ 0.663$ 1.9956$ 1.939
[1]Assumes the most dilutive issuance of potentially issuable shares between the two-class and treasury stock method unless the result would be anti-dilutive.

SRC Balance Sheet

2023-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Real estate assets held for investment:  
Land and improvements$ 2,742,072$ 2,740,250
Buildings and improvements6,081,3785,892,117
Less: accumulated depreciation(1,354,807)(1,211,061)
Total real estate assets held for investment, net7,468,6437,421,306
Intangible lease assets, net389,100423,870
Real estate assets under direct financing leases, net7,4047,427
Real estate assets held for sale, net61,54549,148
Loans receivable, net52,94923,023
Total investments, net7,979,6417,924,774
Cash and cash equivalents134,1668,770
Deferred costs and other assets, net310,801313,722
Goodwill225,600225,600
Total assets8,650,2088,472,866
Liabilities:  
Revolving credit facilities 55,500
Term loans, net1,090,198792,309
Senior Unsecured Notes, net2,725,5052,722,514
Mortgages payable, net4,5454,986
Total debt, net3,820,2483,575,309
Intangible lease liabilities, net106,814118,077
Accounts payable, accrued expenses and other liabilities230,353218,164
Total liabilities4,157,4153,911,550
Commitments and contingencies (see Note 6)
Stockholders’ equity:  
Preferred stock and paid in capital, $0.01 par value, 20,000,000 shares authorized: 6,900,000 shares issued and outstanding at both September 30, 2023 and December 31, 2022166,177166,177
Common stock, $0.05 par value, 350,000,000 shares authorized: 141,331,218 and 141,231,219 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively7,0677,062
Capital in excess of common stock par value7,300,7287,285,629
Accumulated deficit(3,036,475)(2,931,640)
Accumulated other comprehensive income55,29634,088
Total stockholders’ equity4,492,7934,561,316
Total liabilities and stockholders’ equity$ 8,650,208$ 8,472,866

About Spirit Realty Capital Inc

SRC
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 June 30, 2023, our diverse portfolio consisted of 2,064 retail, industrial and other properties across 49 states, which were leased to 345 tenants operating in 37 industries. As of June 30, 2023, our properties were approximately 99.8% occupied.
 CEO
 WEBSITEspiritrealty.com
 INDUSTRYREIT Mortgage
 EMPLOYEES89

Spirit Realty Capital Inc Frequently Asked Questions

What is the ticker symbol for Spirit Realty Capital Inc? What does SRC stand for in stocks?

SRC is the stock ticker symbol of Spirit Realty Capital Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Spirit Realty Capital Inc (SRC)?

As of Wed Apr 17 2024, market cap of Spirit Realty Capital Inc is 138.5 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SRC stock?

You can check SRC's fair value in chart for subscribers.

What is the fair value of SRC stock?

You can check SRC's fair value in chart for subscribers. The fair value of Spirit Realty Capital Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Spirit Realty Capital Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SRC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Spirit Realty Capital Inc a good stock to buy?

The fair value guage provides a quick view whether SRC is over valued or under valued. Whether Spirit Realty Capital Inc is cheap or expensive depends on the assumptions which impact Spirit Realty Capital Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SRC.

What is Spirit Realty Capital Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, SRC's PE ratio (Price to Earnings) is 0.54 and Price to Sales (PS) ratio is 0.18. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SRC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Spirit Realty Capital Inc's stock?

In the past 10 years, Spirit Realty Capital Inc has provided -0.283 (multiply by 100 for percentage) rate of return.