Spirit Realty Capital, Inc. with ticker code (SRC) now have 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 50 and 40 and has a mean target at $44.00. Now with the previous closing price of $38.30 this is indicating there is a potential upside of 14.9%. It’s also worth noting that there is a 50 day moving average of $41.63 and the 200 day moving average is $40.46. The total market capitalization for the company now stands at $5,384m. Visit the company website at: https://www.spiritrealty.com
The potential market cap would be $6,185m 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 6.92% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 18.68, revenue per share of 5.27 and a 2.57% return on assets.
