Spirit Realty Capital, Inc. (NYSE:SRC) Stock Rating Upgraded by BidaskClub

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08 July, 2017

Traders who own the stock with a record date on Fri, Jun 30th will be paid dividend of 0.18 for a share by the real estate investment trust on early Fri, Jul 14th. this indicates a $0.72 dividend on a yearly basis and a payout of 9.68%. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in Spirit Realty Capital by 0.5% in the first quarter. 19,232 were accumulated by Papp L Roy & Assoc. Northwestern Mutual Wealth invested in 157 shares. Spirit Of America Mngmt Corp accumulated 57,400 shares. Checchi Advisers Lc, California-based fund reported 13,308 shares. Earnest Prtnrs Limited Liability Corp holds 0% or 205 shares in its portfolio. 37,272 are owned by Gam Ag. Moreover, Teacher Retirement Of Texas has 0.04% invested in Spirit Realty Capital, Inc (New) (NYSE:SRC) for 485,859 shares. Wolverine Asset Mgmt Ltd reported 34,822 shares stake. 40,665 are owned by Connor Clark And Lunn Investment.

Spirit Realty Capital, Inc. has a one year low of $6.64 and a one year high of $13.97. Great West Life Assurance Can has invested 0% in Spirit Realty Capital, Inc (New) (NYSE:SRC). Cibc Asset Mngmt Inc holds 0% or 14,438 shares in its portfolio. Geode Cap Management Ltd Liability has 3.40M shares. The insider NOLAN THOMAS H JR sold 15,000 shares worth $162,710.

Spirit Realty Capital has decreased its dividend by an average of 15.2% annually over the last three years and has increased its dividend every year for the last 2 years. Finally, Toronto Dominion Bank purchased a new position in Spirit Realty Capital during the first quarter valued at $141,000. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by $0.02. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirit Realty Capital, Inc. with MarketBeat.com's FREE daily email newsletter. The Company's operations are carried out through Spirit Realty, L.P. This recommendation lands on a scale between 1 and 5. Morgan Stanley downgraded Spirit Realty Capital from an "overweight" rating to an "equal weight" rating and decreased their price objective for the stock from $11.50 to $8.40 in a research note on Tuesday, May 9th. The difference between the expected and actual EPS was $-0.04/share, which represents an Earnings surprise of -57.1%. Spirit Realty Capital, Inc.'s EPS for the trailing 12 months is 0.06. TheStreet cut Spirit Realty Capital from a "b-" rating to a "c+" rating in a research report on Wednesday, March 15th.

Media headlines about Spirit Realty Capital (NYSE:SRC) have trended somewhat positive this week, according to Accern Sentiment. The firm earned "Sell" rating on Friday, March 3 by Goldman Sachs. Ladenburg Thalmann Financial Services restated a "buy" rating on shares of Spirit Realty Capital in a research report on Tuesday, March 21st.

08/25/2016 - BTIG Research began new coverage on Spirit Realty Capital, Inc. giving the company a " rating. The company was upgraded on Wednesday, September 7 by Morgan Stanley. The company has a 50-day moving average of $7.44 and a 200-day moving average of $9.61.

Several research analysts have recently commented on SRC shares. (NYSE:STI), 12 have Buy rating, 1 Sell and 14 Hold. Therefore 25% are positive. Suntrust Banks Inc. had 57 analyst reports since July 20, 2015 according to SRatingsIntel. The firm has "Neutral" rating by Mizuho given on Friday, December 16. The company was maintained on Tuesday, October 20 by Macquarie Research. The firm earned "Strong Buy" rating on Monday, October 26 by Raymond James. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation.

Prudential Financial, Inc. (PRU) stock moved with shift of 3.30% in the past week. The rating was maintained by M Partners with "Buy" on Friday, April 1. Compass Point downgraded the shares of STI in report on Wednesday, November 23 to "Neutral" rating. Names Jackson Hsieh To Chief Executive Officer" with publication date: "May 08, 2017. On Friday, February 17 Berrozpe Esther F sold $1.10M worth of Whirlpool Corporation (NYSE:WHR) or 6,234 shares. 10,000 SunTrust Banks, Inc. (NYSE:STI) to report earnings on July, 28. The company presently has a consensus rating of "Hold" and a consensus price target of $12.04. This is assuming the current $0.22 EPS is accurate.

The company has mean EPS estimate of 0.09 reported by 8 number of analyst for the quarter ending Current Qtr.(Jun2017).


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