Spirit Realty Capital

Spirit Realty Capital, Inc. operates as a holding company. Its in-house capabilities include acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting and capital markets. The company was founded on August 14, 2003, and is headquartered in Dallas, TX.

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q3 2024

Spirit Realty Capital exceeds targets, eyes growth amid evolving market

Spirit Realty Capital's Q4 2022 performance showcased operational resilience, strategic portfolio reshaping, and disciplined financial management.
Despite challenges in net investment activity and competition, the company's strengths in industrial acquisitions and prudent capital allocation position it well for future growth.
Opportunities lie in leveraging liquidity, optimizing the portfolio, and capitalizing on favorable market conditions to drive shareholder value and sustained performance.
With a focus on value creation and portfolio optimization, Spirit Realty Capital navigates challenges, capitalizes on opportunities, and maintains a strong financial position.

Spirit Realty Capital excels in Q1, eyes strategic growth opportunities

Spirit Realty Capital's Q1 performance showcased operational excellence and strategic financial management. The company's focus on high-quality acquisitions, disposition program, and portfolio diversification positions it well for future growth. Challenges in retail and distribution real estate present opportunities for strategic expansion and value creation.

Spirit Realty Capital posts strong Q2 results amid growth optimism

Spirit Realty Capital delivered a strong Q2 performance with solid financial metrics, stable leverage, and revised guidance for AFFO per share and dispositions.
Despite challenges from interest rates, the company remains optimistic about growth, driven by strategic investments and strong tenant performance.
SRC's focus on capital deployment and portfolio management positions it well for future opportunities, leveraging existing relationships and financial resources.
Jackson Hsieh's enthusiasm reflects confidence in the company's performance and outlook, signaling a positive trajectory for Spirit Realty Capital.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Spirit Realty Capital is a Real Estate Investment Trust (REIT) company located in Scottsdale, Arizona.  Spirit Realty Capital was formed in 2003 to acquire single tenant, “operationally essential” real estate, which refers to generally free-standing, commercial real estate facilities where our tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits.

Spirit Realty Capital, Inc. (NYSE:SRC ) Q2 2022 Earnings Conference Call August 4, 2022 9:30 AM ET Company Participants Pierre Revol - SVP, Corporate Finance & IR Jackson Hsieh - President, CEO & Director Michael Hughes - EVP & CFO Kenneth Heimlich - EVP & CIO Conference Call Participants Haendel St. Juste - Mizuho Securities Harsh Hemnani - Green Street Advisors Wesley Golladay - Robert W. Baird & Co. Michael Goldsmith - UBS John Massocca - Ladenburg Thalmann & Co. Mitchell Germain - JMP Securities Robert Stevenson - Janney Montgomery Scott Greg McGinniss - Scotiabank Joshua Dennerlein - Bank of America Merrill Lynch Ronald Kamdem - Morgan Stanley Operator Thank you for standing by.

Spirit Realty Capital, Inc. (SRC) CEO Jackson Hsieh on Q2 2022 Results - Earnings Call Transcript

Spirit Realty (SRC) delivered FFO and revenue surprises of 2.27% and 0.67%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Spirit Realty (SRC) Q2 FFO and Revenues Surpass Estimates

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Second Quarter of 2022 Financial and Operating Results

Spirit Realty Capital, Inc. Announces Second Quarter of 2022 Financial and Operating Results

This net lease REIT is offering a generous yield, but is it a better investment option than its peers?

Should You Invest In Spirit Realty Right Now?

AvalonBay Communities

Enterprise Products Partners

Energy Transfer LP Unit

Plains All American Pipeline

STAG Industrial

STORE Capital

Many high yielding stocks are the cheapest they have been since the COVID-19 crash. We believe that the market has overreacted to inflation, recession, and interest rate concerns in most cases.

The Market Is Crashing: Here's What We Are Buying

Enbridge

Kinder Morgan

Medical Properties Trust

Realty Income Corp

Plains GP Hlds

W. P. Carey

Rental properties have been on a tremendous run, making investors rich and enabling many to retire early with the passive income they generate. However, instead of buying rental properties, we are buying high yield stocks instead.

Retire Early: Forget Rental Properties, Buy High Yield Stocks Instead

With interest rates rising rapidly, triple net lease REITs have been beaten down. However, we believe that the impending recession will likely force the Federal Reserve to reverse course, creating an ideal environment for triple net lease REIT outperformance.

Better High Yield REIT Buy: Medical Properties Vs. Spirit Realty

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Schedules Second Quarter 2022 Earnings Release and Conference Call

Spirit Realty Capital, Inc. Schedules Second Quarter 2022 Earnings Release and Conference Call

O has an impressive track record and its A- credit rating demonstrates its safe-haven image. That said, we believe that SRC is a better buy right now.

3 Reasons To Buy Spirit Realty Instead Of Realty Income

SRC and O have very similar businesses. Yet the valuation gap is substantial.

Relative Value Pair Trade With Realty Income And Spirit Realty Capital

Devon Energy

KT Corporation

LyondellBasell Industries

These six high-yield stocks have good upside potential based on a 5% minimum yield, growing earnings, and a 35% to 45% coverage ratio. The post 6 High-Yield Stocks With Good Upside Potential appeared first on InvestorPlace.

6 High-Yield Stocks With Good Upside Potential

Many investors are opting to invest in high-dividend assets during these uncertain times, and real estate investment trusts are a hot commodity. Spirit Realty Capital Inc. ( SRC , Financial) exhibits best-in-class attributes in the real estate investment vehicle sector.

Spirit Realty Offers Lucrative Value and Dividends

Highwoods Properties

Simon Property Group

Three of the best REITs to buy during June 2022, these companies have solid fundamentals and plenty of upside potential. The post 3 REITs to Buy for June 2022 appeared first on InvestorPlace.

3 REITs to Buy for June 2022

EPR Properties

Getty Realty

NETLease Corporate Real Estate ETF

Since December 2021, the yield on the benchmark 10-Year Treasury Note has nearly doubled, rising from 1.5% to occasionally pierce the 3% barrier. It now stands shy of 3% and Federal Reserve Chairman Jerome Powell has been vocal about rising interest rate expectations to tamp down inflation.

Net Lease REITs: The Ultimate Sleep Well At Night Business Model

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. (NYSE: SRC) ("Spirit" or the "Company"), a net-lease real estate investment trust ("REIT") that invests in single-tenant, operationally essential real estate, announced today that its Board of Directors declared a quarterly cash dividend on May 18, 2022 of $0.6380 per common share, representing an annualized rate of $2.552 per common share. Stockholders of record as of Thursday, June 30, 2022 will receive the cash dividend on Friday, July 15,

Spirit Realty Capital Inc. Announces Quarterly Cash Dividend for Common and Preferred Stock

Spirit Realty Capital is a net-lease REIT that benefits from stable cash flows and long-dated maturities. The company's portfolio is protected by significant diversification and increased exposure to higher quality assets and tenants.

Spirit Realty Capital: Spirit-Lifting Dividends And Upside Potential

Agree Realty

Global Net Lease

Necessity Retail REIT

Real estate may not be the most exciting industry to invest in, but it is one of the most consistent in terms of returns.

6 Outstanding REITs That Can Withstand Market Headwinds

Spirit Realty Capital, Inc. (NYSE:SRC ) Q1 2022 Earnings Conference Call May 4, 2022 9:30 AM ET Company Participants Pierre Revol - Investor Relations Jackson Hsieh - President and Chief Executive Officer Michael Hughes - Chief Financial Officer Ken Heimlich - Chief Investment Officer Conference Call Participants Nate Crossett - Berenberg Greg McGinniss - Deutsche Bank Michael Goldsmith - UBS Anthony Paolone - JPMorgan Rob Stevenson - Janney Ki Bin Kim - Truist Wesley Golladay - Baird Joshua Dennerlein - Bank of America Ronald Kamdem - Morgan Stanley John Massocca - Ladenburg Thalmann Operator Greetings and welcome to the Spirit Realty Capital First Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Spirit Realty Capital, Inc. (SRC) CEO Jackson Hsieh on Q1 2022 Results - Earnings Call Transcript

Spirit Realty (SRC) delivered FFO and revenue surprises of 1.15% and 2.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Spirit Realty (SRC) Q1 FFO and Revenues Top Estimates

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces First Quarter of 2022 Financial and Operating Results

Spirit Realty Capital, Inc. Announces First Quarter of 2022 Financial and Operating Results

Cisco Systems

Morgan Stanley

State Street

Verizon

U.S. equities struggled for direction for the week ending April 29, 2022, with swings higher and lower every day. Tech shares led the way in volatility, led by rebounding shares in FB on one day and the tumbling of AMZN on the next day.

5 Laggards For The Week Ending 04/29/2022

Spirit Realty Capital has a strong AFFO forecast in place. Historical occupancy trends, including during the pandemic period, make SRC a top quality REIT to bet on.

Spirit Realty Capital: Buy This 5.6% Yielding Recession-Resistant Trust

What's most interesting about Spirit Realty right now is the divergence between the direction that the stock's fundamentals are headed and the direction of the company's share price.

Spirit Realty: My Oh My, Another Strong Buy

Essential Properties Realty Trust Inc

Four Corners Property Trust

National Retail Properties

This article considers 9 leading REITs that lease free-standing properties on a triple net basis.

Cap Rate Compression Threatens Net Lease REITs: Which Are Most Impacted?

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital Inc. Announces $1.2 Billion Revolving Credit Facility

Spirit Realty Capital, Inc. Announces $1.2 Billion Revolving Credit Facility

News for Spirit Realty Capital Stock (SRC)