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.

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

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

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital Inc. Releases Inaugural Environmental Social and Governance Report

Spirit Realty Capital, Inc. Releases Inaugural Environmental, Social and Governance Report

Digital Realty Trust

Medical Properties Trust

Maybe March Madness is exactly what we need as a stress-relieving distraction.

March REIT Madness: 3 Primetime Performers

Spirit Realty Capital, Inc. (SRC) CEO Jackson Hsieh on Q4 2021 Results - Earnings Call Transcript

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Fourth Quarter of 2021 Financial and Operating Results

Spirit Realty Capital, Inc. Announces Fourth Quarter of 2021 Financial and Operating Results

Spirit Realty (SRC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Spirit Realty (SRC) This Earnings Season?

Spirit Realty Capital has a juicy dividend yield of 5.6%.

Spirit Realty Capital: Attractive, But Not As Attractive As The Alternatives

Despite strong portfolio growth, revenue growth, and AFFO per share growth, SRC continues to be shunned by the market. Though SRC has a punishingly high cost of equity, its BBB credit rating affords the REIT a fairly low cost of debt.

Spirit Realty Capital: Dirt Cheap And Higher Quality Than The Market Thinks

Bally's

Gaming and Leisure Properties

Kimco Realty

Omega Healthcare Investors

Penn Entertainment

Regency Centers

Tanger Factory Outlet Centers

Simon Property Group

Vanguard Real Estate ETF

It's going to be hard to repeat 2021's REIT-sector success. But we believe we can at least come very close. With that said, REIT investing is no longer easy-peasy, since many names are now expensive to buy.

These 3 REITs Are Hard To Beat

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces 2021 Dividend Tax Allocation

Spirit Realty Capital, Inc. Announces 2021 Dividend Tax Allocation

Agree Realty

Four Corners Property Trust

Realty Income Corp

Alpine Income Property Trust

Investors have had a rough go of it so far this year, and the setup for the next month or so, and perhaps beyond, looks grim.

Raymond James Very Bullish on 5 Top High-Yielding, Inflation-Busting REITs

IQ Real Return ETF

MGM Growth Properties

Prologis

Vici Properties

Real estate has historically benefited from inflationary environments.

Inflation Busters: I Ain't Afraid Of These REITs

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Promotion of Rochelle Thomas to Executive Vice President, General Counsel and Secretary

Spirit Realty Capital, Inc. Announces Promotion of Rochelle Thomas to Executive Vice President, General Counsel and Secretary

Spirit Realty (SRC) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Bears are Losing Control Over Spirit Realty (SRC), Here's Why It's a 'Buy' Now

Ramco-Gershenson Properties

I decided to screen for the best REITs to buy within the investment-grade rated universe (i.e., BBB- and higher).

3 Smoking Red-Hot REITs

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Pricing of an Upsized Public Offering of 8,200,000 Shares of Common Stock

Spirit Realty Capital, Inc. Announces Pricing of an Upsized Public Offering of 8,200,000 Shares of Common Stock

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Announces Public Offering of 6,500,000 Shares of Common Stock

Spirit Realty Capital, Inc. Announces Public Offering of 6,500,000 Shares of Common Stock

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital, Inc. Schedules Fourth Quarter 2021 Earnings Release and Conference Call

Spirit Realty Capital, Inc. Schedules Fourth Quarter 2021 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--Spirit Realty Capital Inc. Provides 2021 Preliminary Estimates and Announces 2022 Guidance

Spirit Realty Capital, Inc. Provides 2021 Preliminary Estimates and Announces 2022 Guidance

STORE Capital

W. P. Carey

The Simplest Dividend Champions

Spirit Realty (SRC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down 10.9% in 4 Weeks, Here's Why You Should You Buy the Dip in Spirit Realty (SRC)

Blackstone Group

Essential Properties Realty Trust Inc

National Retail Properties

NETSTREIT Corp

Orion Office REIT

Skeptics may point out that REITs' featured dividend yields are often below those of many corporate bonds.

Net Lease REITs Get No Respect

CVS Health

Alexander & Baldwin

Federal Realty Investment Trust

New York City REIT Inc

Walgreens

CVS Health Corp. to close nearly 10% of its US locations over the next three years. In an agenda to improve profitability, the company plans to add new health services.

CVS To Close 900 Stores: Smart Move And REIT Landlords Benefit Too

SRC has been taking a lot of positive steps to raise portfolio quality, increase balance sheet strength, and return to growth mode.

Now Yielding 5.4%, Spirit Realty Capital Is Unfairly Maligned By The Market

Eaton

Hannon Armstrong Sustainable Infrastructure Capital

CareTrust REIT

Being a buy-and-hold investor requires one to invest in stocks with the mindset of a landlord or small business owner. Landlords and small business owners very rarely think about what price someone would be willing to pay for their properties/businesses. Instead, they focus on the fundamental operations and cash flow.

2 Stocks I Recently Sold And 2 I Bought

News for Spirit Realty Capital Stock (SRC)