Spirit Realty Capital, Inc. with ticker code (SRC) now have 12 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 50 and 38 suggesting an average Analsyt target price of $43.33. Given that the stocks previous close was at $37.94 this would indicate that there is a potential upside of 14.2%. Also worth taking note is the 50 day moving average now sits at $40.27 while the 200 day moving average is $40.51. The total market capitalization for the company now stands at $5,361m. You can visit the company’s website by visiting: https://www.spiritrealty.com
The potential market cap would be $6,123m based on the market consensus.
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.
The company has a dividend yield of 6.99% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 18.6, revenue per share of 5.27 and a 2.57% return on assets.
