Spirit Realty Capital (SRC) Receiving Somewhat Favorable Press Coverage, Study Finds

Media headlines about Spirit Realty Capital (NYSE:SRC) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Spirit Realty Capital earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 45.5196344577845 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of analysts have recently weighed in on SRC shares. Zacks Investment Research raised Spirit Realty Capital from a “hold” rating to a “buy” rating and set a $9.50 price objective for the company in a research note on Thursday, October 12th. FBR & Co reissued a “buy” rating on shares of Spirit Realty Capital in a research note on Friday, October 20th. Deutsche Bank reissued a “buy” rating and set a $11.00 price objective on shares of Spirit Realty Capital in a research note on Friday, October 20th. Mizuho set a $9.00 price objective on Spirit Realty Capital and gave the company a “buy” rating in a research note on Sunday, October 22nd. Finally, SunTrust Banks reissued a “hold” rating and set a $8.50 price objective on shares of Spirit Realty Capital in a research note on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Spirit Realty Capital presently has a consensus rating of “Hold” and a consensus price target of $9.51.

Shares of Spirit Realty Capital (NYSE SRC) traded down $0.08 during mid-day trading on Tuesday, reaching $8.15. The company had a trading volume of 6,018,406 shares, compared to its average volume of 4,921,833. Spirit Realty Capital has a 12 month low of $6.64 and a 12 month high of $11.28. The stock has a market capitalization of $3,730.00, a price-to-earnings ratio of 90.56 and a beta of 0.17. 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 firm also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 29th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 8.83%. The ex-dividend date of this dividend is Thursday, December 28th. Spirit Realty Capital’s payout ratio is 800.00%.

COPYRIGHT VIOLATION NOTICE: This piece was first reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this piece on another site, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright laws. The legal version of this piece can be viewed at https://sportsperspectives.com/2018/01/10/spirit-realty-capital-src-receiving-somewhat-favorable-press-coverage-study-finds.html.

Spirit Realty Capital Company Profile

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.

Insider Buying and Selling by Quarter for Spirit Realty Capital (NYSE:SRC)

Receive News & Ratings for Spirit Realty Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirit Realty Capital and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply