Spirit Realty Capital Inc (SRC) Receives $8.89 Average Price Target

What Historical Figures Say About Spirit Realty Capital, Inc.

Now we will discuss the financial strength of Spirit Realty Capital, Inc. Spirit Realty Capital Inc (NYSE:SRC)'s price sits 6.15% above from its 50-day moving average of $8.42 and -6.66% away from the stock's 200-day moving average which is $8.64. Zacks Investment Research cut Spirit Realty Capital from a "hold" rating to a "sell" rating in a research report on Tuesday, August 15th. Similarly, the company's Director Dunn Todd A on 2017-08-10 Buy 14000 shares of the company at a price of $8.49. The stock volatility for week was 1.59% while for month was 2.02%.

Spirit Realty Capital, Inc. has posted trailing 12 months earnings of $0.00 per share. Finally, Royal Bank Of Canada lifted their target price on shares of Spirit Realty Capital from $8.00 to $9.00 and gave the company a "sector perform" rating in a report on Friday, August 4th. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. For the quarter, shares have been noted at 11.87%. BidaskClub upgraded Spirit Realty Capital from a "hold" rating to a "buy" rating in a research report on Monday, July 31st. Narrowing in, the stock is at a distance of -1.36% from the 50 day high and 20.28% off of the 50 day low.Covering sell-side analysts have recently weighed in on shares of Spirit Realty Capital, Inc. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.01. The company has an Average True Range (ATR) value of 0.17, while a Beta Value of 0.59. Next quarter's EPS is estimated at $0.06 with next year's EPS anticipated to be $0.26. The company now has a Return on Equity of 1.8% and a Return on Investment of 0.6%. During the same quarter in the prior year, the business earned $0.22 earnings per share.

Spirit Realty Capital Inc (NYSE:SRC) has grabbed attention from the analysts, when it saw a value increase of 0.7% or 0.06 points in the last trading session to close at $8.67. The Company invests in single-tenant, operationally essential real estate throughout the United States, which is acquired through strategic sale-leaseback transactions and subsequently leased on a long-term, triple-net basis to high-quality tenants with business operations within predominantly retail, but also office and industrial property types.

Market Capitalization can be thought of as the overall price to buy the company. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued. If you are accessing this story on another publication, it was copied illegally and republished in violation of United States and global copyright & trademark laws. The original version of this story can be accessed at A stock with a ratio of under 1.0 would be undervalued and a stock with a PEG over 1.0 would be considered over valued.

The volume of the particular stock is the shares bought and sold in a single trading day. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. However, the institutional investors are observed to own 97.90% of the total shares. Following the completion of the purchase, the chief financial officer now owns 138,504 shares in the company, valued at approximately $1,142,658. The disclosure for this purchase can be found here. Its operations are carried out through the Spirit Realty, L.P.

Like this


16 September 2017
Fidelity National Financial, Inc. (FNF) Upgraded to Buy at Zacks Investment Research
Principal Financial Group Inc. increased its holdings in shares of Fidelity National Financial by 65.0% during the second quarter. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock.

16 September 2017
CP train carrying potash derails near Saskatoon
CPR said it has an emergency response team at the site. "An investigation into the incident is ongoing". A Canadian Pacific Railway freight train has derailed southeast of Saskatoon.

15 September 2017
Trend Indicator Watch on This Stock: ProShares Ultrapro Short Russell2000 (SRTY)
The Average Directional Index or ADX is technical analysis indicator used to describe if a market is trending or not trending. When getting into the markets, most investors realize that riskier stocks may have an increased potential for higher returns.

15 September 2017
Progress Software Corporation (NASDAQ:PRGS) Overbought but Is That a Sell Indicator?
Stocks with beta's lower than 1 are less risky than the market and those with a higher beta may be more risky than the market. Other large investors also recently bought and sold shares of the company. 24 funds opened positions while 49 raised stakes.

15 September 2017
Transdigm Group Incorporated (TDG) Rating Lowered to Buy at Vetr Inc
Jensen Investment Management Inc sold 1,973 shares as 3M Company (MMM)'s stock rose 7.02%. 3M Company now has $125.02B valuation. Dan Loeb decreased its stake in Transdigm Group Inc ( TDG ) by 77.9% based on its latest 2016Q4 regulatory filing with the SEC.

15 September 2017
Indrajith double-ton headlines batting-friendly day
India Blue now trail India Red by 167 runs with seven wickets in hand and two full day's play remaining. Blue added 16 to its tally to move to 232 for three, chasing Red's first innings total of 383.

15 September 2017
Jewish Family Mistaken For Muslims And Attacked In Queens Subway
The report did not say what made the man target the women. "New York City's always been so tolerant of other religions", a woman named Rachel said.

15 September 2017
Vevo hacked as OurMine releases 3.12TB of internal files
KitGuru Says: This has been an unusual development given that OurMine doesn't typically leak large amounts of data. There was some sensitive information to be found though, including the fire alarm code for the company's offices.

15 September 2017
South Dakota Supreme Court Strikes Down 'Kill-Quill' Law
The state has until December 12, 2017, to file its anticipated cert petition (although an extension to file may be granted). That prompted the Legislature to pass the law with little opposition previous year as a deliberate challenge to several U.S.

15 September 2017
Arizona State Retirement System Has $15.07 Million Position in Raytheon Company (RTN)
The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $52.90B. BidaskClub raised shares of Raytheon from a "buy" rating to a "strong-buy" rating in a report on Wednesday, July 12th.