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, 2020, our diverse portfolio of 1,778 owned properties, with an aggregate leasable area of 37.2 million square feet in 48 states, included retail, industrial and office buildings leased to 296 tenants across 28 retail industries.
IPO Year: 2013
Exchange: NYSE
Website: spiritrealty.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/7/2023 | $46.00 | Underperform → Neutral | Exane BNP Paribas |
| 11/2/2023 | $40.00 | Buy → Neutral | Janney |
| 10/31/2023 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 10/10/2023 | $42.00 → $33.00 | Neutral → Underperform | BofA Securities |
| 9/21/2023 | $36.00 | Underweight | Wells Fargo |
| 6/14/2023 | $42.00 | Underperform | Exane BNP Paribas |
| 1/9/2023 | Outperform → Mkt Perform | Raymond James | |
| 11/14/2022 | $42.00 → $43.00 | Buy → Neutral | BofA Securities |
| 10/20/2022 | $37.00 | Perform | Oppenheimer |
| 5/10/2022 | $54.00 | Mkt Outperform | JMP Securities |
4 - SPIRIT REALTY CAPITAL, INC. (0001308606) (Issuer)
4 - SPIRIT REALTY CAPITAL, INC. (0001308606) (Issuer)
4 - SPIRIT REALTY CAPITAL, INC. (0001308606) (Issuer)
4 - SPIRIT REALTY CAPITAL, INC. (0001308606) (Issuer)
4 - SPIRIT REALTY CAPITAL, INC. (0001308606) (Issuer)
4 - SPIRIT REALTY CAPITAL, INC. (0001308606) (Issuer)
4 - SPIRIT REALTY CAPITAL, INC. (0001308606) (Issuer)
4 - SPIRIT REALTY CAPITAL, INC. (0001308606) (Issuer)
4 - SPIRIT REALTY CAPITAL, INC. (0001308606) (Issuer)
4 - SPIRIT REALTY CAPITAL, INC. (0001308606) (Issuer)
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8-K - SPIRIT REALTY CAPITAL, INC. (0001308606) (Filer)
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425 - SPIRIT REALTY CAPITAL, INC. (0001308606) (Subject)
NEW YORK, Jan. 17, 2024 /PRNewswire/ -- e.l.f. Beauty Inc. (NYSE:ELF) will replace Spirit Realty Capital Inc. (NYSE:SRC) in the S&P MidCap 400, and Peabody Energy Corp. (NYSE:BTU) will replace e.l.f. Beauty in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, January 23. S&P 500 constituent Realty Income Corp. (NYSE:O) is acquiring Spirit Realty Capital in a transaction expected to be completed on or about that date pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector January 23, 2024 S&P MidCap 400 Addition e.l.
SAN CLEMENTE, Calif., Dec. 10, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CareTrust REIT, Inc. (NASDAQ:CTRE) today announced the appointment of David Sedgwick as Chief Executive Officer, to be effective as of January 1, 2022. Mr. Sedgwick will succeed founding Chairman and CEO Greg Stapley, who will continue to serve as CareTrust's Executive Chairman during an approximately six-month transition period, following which he and his wife Deborah will commence a three-year, full-time volunteer assignment for The Church of Jesus Christ of Latter-day Saints. The Board also announced that Diana M. Laing has been appointed as Lead Independent Director. Mr. Sedgwick, who has been with CareT
DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. (NYSE: SRC) (“Spirit” or the “Company”) announced today that its Board of Directors declared a quarterly cash dividend on November 13, 2020 of $0.625 per common share, representing an annualized rate of $2.50 per common share. Stockholders of record as of Thursday, December 31, 2020 will receive the cash dividend on Friday, January 15, 2021. The Board of Directors also declared a quarterly cash dividend of $0.3750 per share to holders of the Company’s 6.00% Series A Cumulative Redeemable Preferred Stock. Preferred stockholders of record as of Tuesday, December 15, 2020 will receive the cash dividend on Thursday, December 31, 2020
Exane BNP Paribas upgraded Spirit Realty Capital from Underperform to Neutral and set a new price target of $46.00
Janney downgraded Spirit Realty Capital from Buy to Neutral and set a new price target of $40.00
JMP Securities downgraded Spirit Realty Capital from Mkt Outperform to Mkt Perform
BofA Securities downgraded Spirit Realty Capital from Neutral to Underperform and set a new price target of $33.00 from $42.00 previously
Wells Fargo initiated coverage of Spirit Realty Capital with a rating of Underweight and set a new price target of $36.00
Exane BNP Paribas initiated coverage of Spirit Realty Capital with a rating of Underperform and set a new price target of $42.00
Raymond James downgraded Spirit Realty Capital from Outperform to Mkt Perform
BofA Securities downgraded Spirit Realty Capital from Buy to Neutral and set a new price target of $43.00 from $42.00 previously
Oppenheimer initiated coverage of Spirit Realty Capital with a rating of Perform and set a new price target of $37.00
JMP Securities initiated coverage of Spirit Realty Capital with a rating of Mkt Outperform and set a new price target of $54.00
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Realty Income Corporation (NYSE:O) ("Realty Income"), The Monthly Dividend Company®, and Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit"), today announced that Spirit stockholders approved all of the proposals necessary for the closing of the previously announced merger pursuant to which Realty Income will acquire Spirit. No approval of Realty Income shareholders is required in connection with the merger.At the special meeting of Spirit stockholders held today, approximately 99.8% of the votes cast were voted in favor of the merger, which represented approximately 86.4% of the outstanding shares of Spirit common stock.The final voting results on the proposals voted on at the special meeting
e.l.f. Beauty, Inc. (NYSE:ELF) shares traded lower on Thursday. The stock hit an all-time high earlier in the week before pulling back from the strength in the following days. What To Know: Shares trended higher by over 50% during the past three months, bolstered by strong numbers from holiday sales events as well as an improved market sentiment towards the end of last year. On Tuesday, the stock hit an all-time high of $164.71 before pulling back slightly on Wednesday. However, on Thursday, shares sold off considerably more, down over 7%. It is worth noting that on Wednesday evening, it was announced that e.l.f. Beauty stock will replace Spirit Realty Capital Inc. (NYSE:SRC) in the S&P M
Mizuho analyst Vikram Malhorta maintains Spirit Realty Cap (NYSE:SRC) with a Neutral and raises the price target from $41 to $45.
With approximately 200 real estate investment trusts (REITs) on the market today, it's difficult for investors to choose which REITs to buy. Parameters such as longevity, dividend growth, dividend yield, payout ratios and price to funds from operations (P/FFO) are typically employed in making purchase decisions. It's also important to look at relative strength, or how a stock's performance compares to its peers over a measure of time. Stocks that show strong relative strength signify institutional buying and are frequently performed over a long period. The strongest stocks of a sector are also likely to still be performing well over the months ahead. The retail REIT subsector has anywh
Tuesday marks the last chance for investors to receive the next dividend payout from Spirit Realty Cap (NYSE:SRC). What's Happening The company announced on Monday that it would pay shareholders a quarterly dividend of 66.96 cents per share. On Wednesday, Spirit Realty Cap will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 66.96 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own SRC as of the end of Tuesday's session are eligible to receive the 66.96 c
Following its acquisition of Spirit Realty Capital, Inc. (NYSE:SRC), Realty Income Corporation (NYSE:O) is set to become the fourth-largest Real Estate Investment Trust (REIT). The deal will also make Realty Income the 150th largest company in the S&P 500 by total enterprise value. This strategic move brings both advantages and challenges for Realty Income, impacting its market position and growth strategies. Opportunities The primary positive outcomes of the merger stem from the significant increase in market capitalization. With higher market cap levels, Realty Income gains enhanced bargaining power with financiers, improved equity liquidity, and a stronger position with credit
As of Nov. 24, 2023, five stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here’s the latest list of major overbought players in this sector. Forestar Group Inc. (NYSE:FOR) Forestar Group reported better-than-expected fourth-quarter financ
Exane BNP Paribas analyst Nate Crossett upgrades Spirit Realty Cap (NYSE:SRC) from Underperform to Neutral.
RBC Capital analyst Brad Heffern maintains Spirit Realty Cap (NYSE:SRC) with a Sector Perform and raises the price target from $40 to $43.
HOUSTON, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) ("Whitestone" or the "Company") today announced the appointments of Kristian ("Krissy") M. Gathright and Donald ("Don") A. Miller, CFA, to the Board of Trustees, effective immediately. These appointments reflect shareholder feedback received over the last several months and conclude an exhaustive search by Whitestone's Nominating and Governance Committee in combination with pre-eminent executive search firm Spencer Stuart. Ms. Gathright currently serves as a Board member of Apple Hospitality REIT (NYSE:APLE) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States.
SAN DIEGO, Jan. 26, 2024 /PRNewswire/ -- Realty Income Corporation ((Realty Income, NYSE:O), The Monthly Dividend Company®, today announced the final calculation of the dividend tax status for its 2023 common stock dividends. Additionally, Realty Income announced today the final calculation of the dividend tax status for Spirit Realty Capital, Inc.'s ((Spirit, NYSE:SRC) 2023 common stock dividends and 6.00% Series A Cumulative Redeemable Preferred Stock ((Series A Preferred Stock, NYSE:SRC) dividends. A portion of the common stock dividend is considered a non-taxable distribution for both Realty Income and Spirit. The respective tax attributes of the dividends paid per share are outlined bel
SAN DIEGO, Jan. 23, 2024 /PRNewswire/ -- Realty Income Corporation ((Realty Income, NYSE:O), The Monthly Dividend Company®, has closed on the previously announced merger with Spirit Realty Capital, Inc. ((", Spirit", , NYSE:SRC) in an all-stock transaction. The common stock of the combined company will trade under the symbol "O" on the New York Stock Exchange, beginning today. The closing follows the satisfaction of all conditions to the closing of the merger, including receipt of approval by Spirit stockholders on January 19, 2024. Under the terms of the merger agreement, at the closing of the merger, Spirit common stockholders were entitled to receive, for each share of Spirit common stock
Realty Income Corporation (NYSE:O) ("Realty Income"), The Monthly Dividend Company®, and Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit"), today announced that Spirit stockholders approved all of the proposals necessary for the closing of the previously announced merger pursuant to which Realty Income will acquire Spirit. No approval of Realty Income shareholders is required in connection with the merger. At the special meeting of Spirit stockholders held today, approximately 99.8% of the votes cast were voted in favor of the merger, which represented approximately 86.4% of the outstanding shares of Spirit common stock. The final voting results on the proposals voted on at the special
NEW YORK, Jan. 17, 2024 /PRNewswire/ -- e.l.f. Beauty Inc. (NYSE:ELF) will replace Spirit Realty Capital Inc. (NYSE:SRC) in the S&P MidCap 400, and Peabody Energy Corp. (NYSE:BTU) will replace e.l.f. Beauty in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, January 23. S&P 500 constituent Realty Income Corp. (NYSE:O) is acquiring Spirit Realty Capital in a transaction expected to be completed on or about that date pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector January 23, 2024 S&P MidCap 400 Addition e.l.
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2023. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Global Bank Index (Index Ticker: GBKX), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a num
Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential real estate, announced today that its Board of Directors declared a quarterly cash dividend on November 27, 2023 of $0.6696 per common share, representing an annualized rate of $2.6784 per common share. Stockholders of record as of Thursday, December 28, 2023 will receive the cash dividend on Friday, January 12, 2024. The Board of Directors also declared a quarterly cash dividend of $0.3750 per share to holders of the Company's 6.00% Series A Cumulative Redeemable Preferred Stock. Preferred stockholders of record as of
– Generated Net Income per Share of $0.25, FFO per Share of $0.92 and AFFO per Share of $0.93 – – Increased Common Stock Quarterly Dividend from $0.6630 per Share to $0.6696 per Share – – Invested $124.6 Million in Acquisitions and Revenue Producing Expenditures – – Generated $73.9 Million in Gross Proceeds from Dispositions – Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential real estate, today reported its financial and operating results for the third quarter ended September 30, 2023. HIGHLIGHTS Generated net income of $0.25 vs $0.54 per diluted share, FFO
Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential real estate, announced today that financial and operating results for the third quarter ended September 30, 2023 will be released before the market opens on Thursday, November 2, 2023. Spirit will host its third quarter earnings conference call and audio webcast on Thursday, November 2, 2023 at 9:00 a.m. Eastern Time. Interested parties can listen to the call via the following: INTERNET: Go to www.spiritrealty.com and select the corporate profile page under investor relations at least 15 minutes prior to the start ti
Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential real estate, announced today that its Board of Directors declared an increase in the Company's quarterly common stock cash dividend on August 9, 2023 from $0.6630 per share to $0.6696 per share, an increase of 1%, representing a new annualized rate of $2.6784 per share. Stockholders of record as of Friday, September 29, 2023 will receive the cash dividend on Friday, October 13, 2023. The Board of Directors also declared a quarterly cash dividend of $0.3750 per share to holders of the Company's 6.00% Series A Cumulative
SAN DIEGO, Jan. 26, 2024 /PRNewswire/ -- Realty Income Corporation ((Realty Income, NYSE:O), The Monthly Dividend Company®, today announced the final calculation of the dividend tax status for its 2023 common stock dividends. Additionally, Realty Income announced today the final calculation of the dividend tax status for Spirit Realty Capital, Inc.'s ((Spirit, NYSE:SRC) 2023 common stock dividends and 6.00% Series A Cumulative Redeemable Preferred Stock ((Series A Preferred Stock, NYSE:SRC) dividends. A portion of the common stock dividend is considered a non-taxable distribution for both Realty Income and Spirit. The respective tax attributes of the dividends paid per share are outlined bel
SAN DIEGO, Jan. 23, 2024 /PRNewswire/ -- Realty Income Corporation ((Realty Income, NYSE:O), The Monthly Dividend Company®, has closed on the previously announced merger with Spirit Realty Capital, Inc. ((", Spirit", , NYSE:SRC) in an all-stock transaction. The common stock of the combined company will trade under the symbol "O" on the New York Stock Exchange, beginning today. The closing follows the satisfaction of all conditions to the closing of the merger, including receipt of approval by Spirit stockholders on January 19, 2024. Under the terms of the merger agreement, at the closing of the merger, Spirit common stockholders were entitled to receive, for each share of Spirit common stock
Realty Income Corporation (NYSE:O) ("Realty Income"), The Monthly Dividend Company®, and Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit"), today announced that Spirit stockholders approved all of the proposals necessary for the closing of the previously announced merger pursuant to which Realty Income will acquire Spirit. No approval of Realty Income shareholders is required in connection with the merger. At the special meeting of Spirit stockholders held today, approximately 99.8% of the votes cast were voted in favor of the merger, which represented approximately 86.4% of the outstanding shares of Spirit common stock. The final voting results on the proposals voted on at the special
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2023. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Global Bank Index (Index Ticker: GBKX), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a num
Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential real estate, announced today that its Board of Directors declared a quarterly cash dividend on November 27, 2023 of $0.6696 per common share, representing an annualized rate of $2.6784 per common share. Stockholders of record as of Thursday, December 28, 2023 will receive the cash dividend on Friday, January 12, 2024. The Board of Directors also declared a quarterly cash dividend of $0.3750 per share to holders of the Company's 6.00% Series A Cumulative Redeemable Preferred Stock. Preferred stockholders of record as of
– Generated Net Income per Share of $0.25, FFO per Share of $0.92 and AFFO per Share of $0.93 – – Increased Common Stock Quarterly Dividend from $0.6630 per Share to $0.6696 per Share – – Invested $124.6 Million in Acquisitions and Revenue Producing Expenditures – – Generated $73.9 Million in Gross Proceeds from Dispositions – Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential real estate, today reported its financial and operating results for the third quarter ended September 30, 2023. HIGHLIGHTS Generated net income of $0.25 vs $0.54 per diluted share, FFO
Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential real estate, announced today that financial and operating results for the third quarter ended September 30, 2023 will be released before the market opens on Thursday, November 2, 2023. Spirit will host its third quarter earnings conference call and audio webcast on Thursday, November 2, 2023 at 9:00 a.m. Eastern Time. Interested parties can listen to the call via the following: INTERNET: Go to www.spiritrealty.com and select the corporate profile page under investor relations at least 15 minutes prior to the start ti
Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential real estate, announced today that its Board of Directors declared an increase in the Company's quarterly common stock cash dividend on August 9, 2023 from $0.6630 per share to $0.6696 per share, an increase of 1%, representing a new annualized rate of $2.6784 per share. Stockholders of record as of Friday, September 29, 2023 will receive the cash dividend on Friday, October 13, 2023. The Board of Directors also declared a quarterly cash dividend of $0.3750 per share to holders of the Company's 6.00% Series A Cumulative
– Generated Net Income per Share of $0.36, FFO per Share of $0.91 and AFFO per Share of $0.91 – – Invested $168.6 Million in Acquisitions and Revenue Producing Expenditures – – Generated $66.9 Million in Gross Proceeds from Dispositions – Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential real estate, today reported its financial and operating results for the second quarter ended June 30, 2023. HIGHLIGHTS Generated net income of $0.36 vs $0.60 per diluted share, FFO per share of $0.91 vs $0.92 and AFFO per share of $0.91 vs $0.90, compared to the same quarter
Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential real estate, today announced that financial and operating results for the second quarter ended June 30, 2023 will be released after the market closes on Monday, August 7, 2023. Spirit will host its second quarter earnings conference call and audio webcast on Tuesday, August 8, 2023 at 9:30 a.m. Eastern Time. Interested parties can listen to the call via the following: INTERNET: Go to www.spiritrealty.com and select the corporate profile page under investor relations at least 15 minutes prior to the start time of the