Spirit Realty Capital, Inc. which can be found using ticker (SRC) now have 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between 58 and 39 suggesting an average Analsyt target price of $43.73. Given that the stocks previous close was at $39.31 this would indicate that there is a potential upside of 11.2%. It’s also worth noting that there is a 50 day moving average of $38.47 and the 200 day MA is $40.11. The company has a market capitalization of 5.54B. The stock price is currently at: 39.22 USD
The potential market cap would be $6,164,771,230 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 17.2, revenue per share of 5.29 and a 2.57% return on assets.
Spirit Realty Capital, Inc. is an internally managed net-lease real estate investment trust (REIT). The Company’s in-house functions include acquisitions, credit research, asset management, portfolio management, real estate research, legal, finance and accounting. The Company’s objective is to maximize stockholder value by providing a growing stream of earnings and dividends generated by high quality, diversified commercial real estate. It invests primarily in single-tenant, operationally essential real estate assets throughout the United States, which are leased on a long-term, triple-net basis to high quality tenants with operations in retail, industrial, and certain other industries. The Company operates through Spirit Realty, L.P. (the Operating Partnership) and its subsidiaries. The Company’s real estate portfolio consists of approximately 2,115 retail, industrial, and other properties across 49 states, which are leased to 351 tenants operating in 34 industries.
