Spirit Realty Capital Inc. (NYSE:SRC) changes shares on Thursday trading session, with a change of 1.56% or $0.55 shares. The trading starts at $34.76 and closed at $35.33 throughout the day. The trading session low price was $34.43 and day high was $35.94 on Thursday, June 25. After the session, the Real Estate sector daily volume shifted to 0.96 million while its average volume is 1.38M. In other hand, the SRC market cap reached to $4.15B. While, its current target price is $35.88 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -3.55% and up 15.56% for month. Its quarterly performance was 26.78% above, while its half year performance is down -26.45%. SRC yearly performance stood at negative -16.13% and fall -27.04% for year-to-date. Current recommendation for Spirit Realty Capital Inc. is 2.60.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. SRC EPS (TTM) for 12-month is 1.17. EPS for this year is 13.90%, while for the next year its value is 1.05. Sales growth for the current quarter is 0.82 while its EPS Q/Q reached -138.30%. It has an EPS of 36.50% up for past five years and for the next five years will be up 37.47%.
Let’s take a look on the analyst recommendations on SRC for the current month and previous month. For the current month, 3 of 14 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 10 as Hold. As compared with the previous month ratings, 14 analysts participate in stock recommendation. Out of 14, 0 rated it sell, 4 rated it as Buy and 9 as Hold Ratings. On the other hand, target price ranges from $29.00-$44.00. Average target price for SRC was reached at $36.73.
The insider ownership moved to 0.50% and institutional holding shifted to 91.50%.
The company posted an EPS (TTM) of 1.17. According to the most recent quarter report on (Jun 2020), 7 analysts estimated an average EPS of 0.27, while 0.49 EPS posted a year ago period. Analyst Estimated EPS for SRC published in the report was 0.22-0.31 during the same period. Comparing with last year, the average estimated EPS was 0.49 which is higher than -0.18 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for SRC fall -15.29% for period of 200 days. SMA for 50 days was 17.04% which is showing green signal, while SMA-20 was 2.76%. The moving average value for Spirit Realty Capital Inc. (SRC) is 39.18 and 32.09 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in SRC stock. On Apr 16, Heimlich Kenneth, EVP, Asset Management, bought 1,950 trading shares at the cost of $25.77, which valued at 50252.0. On Apr 16, Young Jay, EVP, General Counsel, bought 2,500 shares at the cost of $25.00, with total shares of 30,246. On Apr 15, Young Jay, EVP, General Counsel, bought 2,500 shares at the cost of 25.99. After this transaction, Young Jay total shares reached to 27,746 which valued at 64975.0.