Spirit Realty Capital (NYSE:SRC) is set to release its earnings data before the market opens on Tuesday, February 20th. Analysts expect Spirit Realty Capital to post earnings of $0.06 per share for the quarter.
Spirit Realty Capital (NYSE:SRC) opened at $7.57 on Tuesday. Spirit Realty Capital has a twelve month low of $6.64 and a twelve month high of $11.11. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.59 and a quick ratio of 0.59. The stock has a market capitalization of $3,460.26, a price-to-earnings ratio of 84.11 and a beta of 0.43.
A number of brokerages recently issued reports on SRC. B. Riley reiterated a “buy” rating on shares of Spirit Realty Capital in a report on Friday, November 3rd. ValuEngine cut Spirit Realty Capital from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Morgan Stanley cut their target price on Spirit Realty Capital from $8.75 to $8.25 and set an “equal weight” rating on the stock in a report on Monday, February 5th. FBR & Co reiterated a “buy” rating on shares of Spirit Realty Capital in a report on Friday, October 20th. Finally, Zacks Investment Research upgraded Spirit Realty Capital from a “strong sell” rating to a “hold” rating in a report on Thursday, January 25th. Eleven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $9.50.
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Spirit Realty Capital, Inc is a self-administered and self-managed real estate investment trust (REIT). The Company’s operations are carried out through Spirit Realty, L.P. (the Operating Partnership). The Company invests in single-tenant, operationally essential real estate throughout the United States that is leased on a long-term, triple-net basis primarily to tenants engaged in retail, service and distribution industries.
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