Spirit Realty Capital Inc (NYSE:SRC) shares traded 0.48% up during most recent session to reach at the closing price of $8.4. The stock exchanged hands 5.21 Million shares versus average trading capacity of 12.66 Million shares, yielding a market cap of $3.83 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $9.26 within the next 52-weeks. The mean target projections are based on 15 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Spirit Realty Capital Inc (NYSE:SRC) high price target of $16 and with a conservative view have low price target of $7.5.
Mizuho “Upgrades” Spirit Realty Capital Inc (NYSE:SRC) in a research note issued to investors on 8/31/17 to Buy with price target of $0.
Additionally on 8/16/17 Bank of America “Upgrades” Spirit Realty Capital Inc (NYSE:SRC) to Buy setting price target at $0 and on 7/10/17 Mizuho “Upgrades” the stock to Neutral at $0. Furthermore on 5/09/17 Morgan Stanley “Downgrades” the stock to Equal-Weight at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 55.78 along with Average True Range (ATR 14) of 0.21, Consequently Spirit Realty Capital Inc (NYSE:SRC)’s weekly and monthly volatility is 2.16%, 2.62% respectively. The company’s beta value is at 0.57.
In terms of Buy, Sell or Hold recommendations, Spirit Realty Capital Inc (NYSE:SRC) has analysts’ mean recommendation of 2.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Spirit Realty Capital Inc (NYSE:SRC)’s minimum EPS for the current quarter is at $0.06 and can go high up to $0.07. The consensus mean EPS for the current quarter is at $0.07 derived from a total of 5 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.06 earnings per share for the same quarter during last year.
Previously Spirit Realty Capital Inc (NYSE:SRC) reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $-0.02. The company posted an earnings surprise of -28.6%.
Spirit Realty Capital Inc (NYSE:SRC)’s revenue estimates for the current quarter are $159.1 Million according to 13 number of analysts, for the current quarter the company has high revenue estimates of $164.09 Million in contradiction of low revenue estimates of $150.81 Million. For the current year the company’s revenue estimates are $639.79 Million compared to low analyst estimates of $608.6 Million and high estimates of $657.69 Million according to 13 number of analysts.
Currently Spirit Realty Capital Inc (NYSE:SRC)’s shares owned by insiders are 0.6%, whereas shares owned by institutional owners are 97.9%. However the six-month change in the insider ownership was recorded 1.86%, as well as three-month change in the institutional ownership was recorded -8.56%.
Spirit Realty Capital Inc (NYSE:SRC) 52-week high price stands at $13.95 and low price stands at $6.64, its price distance from 52-week high is -39.78% while its distance from 52-week low price is 26.51%. The stock hit its 52-week high on 09/07/16, and 52-week low on 05/04/17.
Spirit Realty Capital Inc (NYSE:SRC)’s trailing twelve month revenues are $679.9 Million, whereas its price to sales ratio for the same period is 5.63. Its book value per share for the most recent quarter is $7 while its price to book ratio for the same period is 1.2, as for as the company’s cash per share for the most recent quarter is $0.02, however its price to cash per share ratio for the same period is 341.78. The stock has 5 year expected PEG ratio of 111.32 whereas its trailing twelve month P/E ratio is 4200.