Spirit Realty Capital, Inc (SRC) Receives $13.63 Consensus Target Price from Brokerages

Cornelia Mascio
Mag 19, 2017

On the last trading day, Spirit Realty Capital, Inc. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by $0.02. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. The Return on Investment (ROI) ratio of Spirit Realty Capital, Inc. The stock notched a 12-month high of $12.32 while $15.00 target is by far the most aggressive out of analysts who are now evaluating the company, $2.68 higher than the next highest 52-week price estimate. Janney Montgomery Scott lowered Spirit Realty Capital from a "buy" rating to a "neutral" rating in a report on Thursday, May 4th. BlackRock Advisors LLC boosted its stake in shares of Spirit Realty Capital by 1.8% in the third quarter. Finally, Penserra Capital Management LLC boosted its position in shares of Spirit Realty Capital by 51.5% in the first quarter.

The company's price sits -24.90% below from its 50-day moving average of $9.44 and -34.16% away from the stock's 200-day moving average which is $10.40. Harvest Fund Management Co.

The market experts are predicting a 221.29% rally, based on the high target price ($8) for Sophiris Bio, Inc. shares that is likely to be hit in the 52 weeks. Ladenburg Thalmann Financial Services reaffirmed a "buy" rating on shares of Spirit Realty Capital in a report on Tuesday, March 21st.

Spirit Realty Capital (NYSE:SRC) last released its quarterly earnings data on Wednesday, May 3rd. They now have a Dollars 8 price target on the stock.

Morgan Stanley "Downgrades" Spirit Realty Capital Inc (NYSE:SRC) in a research note issued to investors on 5/09/17 to Equal-Weight with price target of $0.

05/05/2017 - Spirit Realty Capital, Inc. had its " rating reiterated by analysts at FBR Capital Markets.

Spirit Realty Capital, Inc. closed its last trading session at $7.19 with the gain of 1.11%. UBS had a markedly different take on 04/05/2017, proposing that Spirit Realty Capital, Inc.is now considered Neutral versus prior Buy rating. The total market capitalization remained at $3.44 billion. The Higher end of the revenue forecast is $167.71 Million, while the Lower end of the forecast is $152.43 Million. BlackRock Institutional Trust Company N.A. now owns 15,697,991 shares of the real estate investment trust's stock valued at $209,254,000 after buying an additional 178,981 shares during the period. US Bancorp DE now owns 26,374 shares of the real estate investment trust's stock worth $351,000 after buying an additional 23,446 shares during the period. For the next 5 years, Spirit Realty Capital, Inc.is expecting Growth of 37.73% per annum, whereas in the past 5 years the growth was 16.39% per annum. PNC Financial Services Group Inc. now owns 11,684 shares of the real estate investment trust's stock valued at $119,000 after buying an additional 2,265 shares during the last quarter. Penserra Capital Management LLC now owns 11,730 shares of the real estate investment trust's stock worth $118,000 after buying an additional 3,986 shares in the last quarter. Lincoln National Corp now owns 18,027 shares of the real estate investment trust's stock worth $183,000 after buying an additional 218 shares during the last quarter. The firm had revenue of $163.19 million for the quarter, compared to the consensus estimate of $169.84 million.

While looking at the SMA values of Spirit Realty Capital, Inc.

5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Spirit Realty Capital, Inc. If you are reading this news story on another site, it was stolen and republished in violation of United States and worldwide trademark and copyright law. The original version of this story can be accessed at https://sportsperspectives.com/2017/05/19/spirit-realty-capital-inc-src-shares-bought-by-private-advisor-group-llc.html. Often, young, fast-growing companies prefer not to pay dividends, opting instead to re-invest their retained earnings into their business operations, compounding their growth and thus the book value of their shares over time.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE