Which Analysts Are Watching Spirit Realty Capital, Inc. (NYSE:SRC)?

Author

15 July, 2017

SRC has been the topic of a number of recent research reports. The institutional investor owned 1,554,397 shares of the real estate investment trust's stock after buying an additional 126,353 shares during the period.

Spirit Realty Capital, Inc (New) (NYSE:SRC) stock reached a 1-year peak price of $13.97.

Several hedge funds and other institutional investors have recently bought and sold shares of SRC.

02/29/2016 - Spirit Realty Capital, Inc. was downgraded to "market perform" by analysts at Raymond James. Traditional interpretation and usage of the RSI is that RSI values of 70 or above indicate that a security is becoming overbought or overvalued, and therefore may be ready for a trend reversal or corrective pullback in price. Ladenburg Thalmann Financial Services reissued a "buy" rating on shares of Spirit Realty Capital in a report on Tuesday, March 21st.

Having a peek at growth estimates of the company, Spirit Realty Capital Inc (NYSE:SRC) has current quarter growth estimates of -30% however it has 33.3% estimations over growth for the next quarter.

Allegheny Technologies Incorporated (ATI) stock moved with shift of 3.08% in the past week.

The share price of Spirit Realty Capital, Inc. Speaking of monthly performance, SRC tapped a -1.56% decline. Finally, Geode Capital Management LLC raised its position in Spirit Realty Capital by 9.9% in the first quarter. Credit Agricole S A now owns 319,748 shares of the real estate investment trust's stock valued at $3,472,000 after buying an additional 65,367 shares in the last quarter. Investors measure stock performance on the basis of a company's earnings power.

Spirit Realty Capital Inc (NYSE:SRC) as of recent trade, has shown weekly upbeat performance of 2.99% which was maintained at -1.56% in 1-month period. Prudential Financial Inc. increased its stake in shares of Spirit Realty Capital by 3,886.7% in the first quarter. Gideon Capital Advisors Inc. now owns 20,083 shares of the real estate investment trust's stock valued at $219,000 after buying an additional 9,620 shares in the last quarter. The company has a market capitalization of $3.71 billion, a P/E ratio of 42.61 and a beta of 0.53.

Last time, the company failed Wall Street by reporting EPS of $0.03, smashing the consensus of $0.07 per share.

Many analysts have provided their estimated foresights on Spirit Realty Capital, Inc. Shareholders of record on Friday, June 30th will be paid a $0.18 dividend. The ex-dividend date is Wednesday, June 28th. The stock's Dividend Yield stands at 9.49%. Spirit Realty Capital's payout ratio is now 378.97%.

COPYRIGHT VIOLATION NOTICE: "Schwab Charles Investment Management Inc". The stock of Spirit Realty Capital, Inc (New) (NYSE:SRC) has "Outperform" rating given on Friday, August 21 by Robert W. Baird. If you are accessing this report on another site, it was illegally copied and reposted in violation of USA and global trademark and copyright law. The legal version of this news story can be viewed at https://www.com-unik.info/2017/07/14/schwab-charles-investment-management-inc-has-15-75-million-position-in-spirit-realty-capital-inc-src.html. Toronto Dominion Bank bought a new position in shares of Spirit Realty Capital during the first quarter worth approximately $141,000. Mizuho raised Spirit Realty Capital from an "underperform" rating to a "neutral" rating and set a $7.50 price objective on the stock in a research note on Monday. Spirit Realty Capital Inc (NYSE:SRC) has trailing twelve month Return on Assets of 0%, which is key indicator of how profitable a company is relative to its total assets.

While having a peek at profitability ratios Spirit Realty Capital Inc (NYSE:SRC) has trailing twelve month gross margin at 95.2%, its trailing twelve month operating margin stands at 0% whereas its trailing twelve month net profit margin spots at 0%.

Analysts are also projecting an Average Revenue Estimate for Spirit Realty Capital, Inc.as $160720 in the Current Quarter. They now have a United States dollars 10 price target on the stock.

In related news, insider Jackson Hsieh purchased 13,700 shares of the firm's stock in a transaction on Wednesday, May 24th. The firm's 50-day moving average is $7.44 and its 200 day moving average is $9.61. Following the transaction, the chief financial officer now directly owns 134,868 shares of the company's stock, valued at $1,007,463.96. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. The stock was bought at an average cost of $7.45 per share, for a total transaction of $99,830.00. The disclosure for this purchase can be found here. The stock sank -7.09% last month and is down -26.19 this year.

10/23/2013 - American Realty Capital Properties, Inc. was upgraded to " by analysts at Langenberg & Company.


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