Analysts Perspectives: Spirit Realty Capital Inc (SRC)

Marco Green
September 14, 2017

(NYSE:SRC) earnings have risen with a quarterly rate of 21.1% over the last 5 years.

As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. The average 1-year price target for (SRC) reveals an average price target of $8.99 per share. W W Grainger Inc (NYSE:GWW) has declined 21.15% since September 13, 2016 and is downtrending.

Yet another important factor while evaluating a good buy/sell decision for Spirit Realty Capital, Inc.

Currently, 23.80% shares of NovaGold Resources Inc. On Wednesday, May 24 Messmann Boyd bought $71,900 worth of Spirit Realty Capital, Inc (New) (NYSE:SRC) or 10,000 shares. World Asset Management Inc lifted its holdings in shares of Spirit Realty Capital by 0.4% during the second quarter. Sumitomo Mitsui Asset Management Limited reported 1.32M shares.

What Historical Figures Say About Spirit Realty Capital, Inc. It has underperformed by 3.50% the S&P500.

The company has mean EPS estimate of 0.06 reported by 5 number of analyst for the quarter ending Current Qtr.(Sep2017). Therefore 64% are positive. 9 of them rate its stock a hold. JOSEPH PHILLIP D JR bought $50,049 worth of Spirit Realty Capital, Inc (New) (NYSE:SRC) on Friday, June 2. The company was downgraded on Monday, October 19 by Stephens. Deutsche Bank maintained the stock with "Buy" rating in Friday, August 7 report.

A number of research firms have recently commented on SRC.

Nuance Investments Llc, which manages about $507.52M and $1.19B US Long portfolio, decreased its stake in Fmc Technologies Inc (NYSE:FTI) by 50,573 shares to 141,098 shares, valued at $5.01M in 2016Q4, according to the filing. Easterly Acquisition Corp was raised too.

Investors sentiment decreased to 0.98 in 2016 Q4. Its down 0.03, from 0.99 in 2016Q3. It fall, as 44 investors sold GWW shares while 197 reduced holdings. 117 funds opened positions while 651 raised stakes. Bluecrest Capital reported 0.38% stake. This represents a $0.72 annualized dividend and a dividend yield of 6.70%. Benjamin F Edwards & Company reported 4,377 shares or 0.17% of all its holdings. It does not measure the risk of an investment held on a stand-alone basis, but the amount of risk the investment adds to an already-diversified portfolio. Commonwealth Bancshares Of Australia has invested 0.02% of its portfolio in W W Grainger Inc (NYSE:GWW). "(NYSE:SRC)" was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. 10,175 are owned by Gam Ag. Its shares have trimmed -2.33% since hitting a peak level of $19.78 on August 24, 2017.

HP Inc. (HPQ)'s ROE is 0%, while industry's is 15.01%. Credit Agricole S A accumulated 0.01% or 319,748 shares. Mcmillion holds 1.64% or 75,982 shares.

Covering sell-side analysts have recently weighed in on shares of WPX Energy, Inc. Therefore 59% are positive. The Company's operations are carried out through Spirit Realty, L.P. Morgan Stanley upgraded the stock to "Overweight" rating in Wednesday, September 7 report. The rating was maintained by Ladenburg on Friday, August 4 with "Hold". Beta, which measures a stock's price volatility relative to the market, provides the cleanest measure of systematic risk for a stock. The stock has "Neutral" rating by Mizuho on Monday, July 10. On Friday, May 5 the stock rating was maintained by FBR Capital with "Outperform". The firm has "Buy" rating by Piper Jaffray given on Wednesday, August 16. The rating was upgraded by Sandler O'Neill on Friday, May 5 to "Buy". An M-Score lower than -2.22 indicates that the company will not be a manipulator. Last quarter, the company saw 167.04 million in total revenues. Clearbridge Invests Limited invested in 0.02% or 1.41 million shares. Its down 0.42, from 1.4 in 2016Q3.

Looking ahead at valuations, according to the consensus, the next fiscal year is forecast to bring about 0.81 in total earnings per share. Checchi Capital Advisers Ltd Liability Company holds 13,308 shares. Legal & General Grp Inc Inc Pcl reported 1.09M shares. Insiders own 0.50% of the company's stock. Telos Capital Mngmt has 46,888 shares. After a recent check, it is observed that the insiders for the firm now own 0.60% shares. Ibm Retirement Fund holds 0.02% or 38,276 shares. Millennium Management Ltd Co invested in 4.62M shares. Grs Ltd Company has 622,404 shares for 4.13% of their portfolio. Canada Pension Plan Board reported 40,100 shares stake. Sigma Planning Corporation invested in 18,055 shares. State Street Corporation stated it has 9.21 million shares.

More notable recent Spirit Realty Capital, Inc (New) (NYSE:SRC) news were published by: Fool.com which released: "Why Spirit Realty Capital, Inc". SECOR Capital Advisors LP acquired a new position in Spirit Realty Capital during the third quarter worth approximately $928,000. The SEC filing shows that Dunn Todd A performed a purchase of 14,000 shares. "Announces Plan for a Leveraged Spin-Off" on August 03, 2017.

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