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Spirit Realty Capital Inc   (SRC)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 
Price: $42.3100 $-0.67 -1.559%
Day's High: $43.67 Week Perf: -4.88 %
Day's Low: $ 42.15 30 Day Perf: -3.47 %
Volume (M): 45,114 52 Wk High: $ 45.60
Volume (M$): $ 1,908,761 52 Wk Avg: $38.98
Open: $43.14 52 Wk Low: $32.22



 Market Capitalization (Millions $) 5,972
 Shares Outstanding (Millions) 141
 Employees 118
 Revenues (TTM) (Millions $) 754
 Net Income (TTM) (Millions $) 259
 Cash Flow (TTM) (Millions $) 121
 Capital Exp. (TTM) (Millions $) 1,848

Spirit Realty Capital Inc
Spirit Realty Capital Inc. is a publicly-traded real estate investment trust (REIT) that was founded in 2003, with its headquarters based in Dallas, Texas. The company is focused on acquiring and owning freestanding, single-tenant properties that are primarily leased to tenants operating in the retail, service, and healthcare industries, as well as banking and financial services.

Spirit Realty Capital has a diversified portfolio of more than 1,800 assets, comprising almost 43 million square feet of leasable space, spread across 48 states in the United States. The portfolio is primarily comprised of properties that are net-leased with long-term triple net leases, where the tenants are responsible for the majority of the operating expenses associated with the property.

The company's strategy is to acquire high-quality assets at attractive purchase prices, and then selectively deploy capital into the acquisition of additional assets, as well as the redevelopment of existing properties to improve their value. Spirit Realty Capital is known for its disciplined approach to underwriting, which includes a thorough analysis of the tenant's industry, business model, and financial health before acquiring a new property.

Spirit Realty Capital's tenant base is diverse, with a mix of well-known brands, regional operators, and smaller businesses. As of March 31, 2021, the company's top five tenants by lease percentage were ALDI, Walgreens, Circle K, O'Reilly Auto Parts, and Dollar General, with no single tenant accounting for more than 6% of the company's total annualized rental income.

Spirit Realty Capital is listed on the New York Stock Exchange under the ticker symbol "SRC", and has a market capitalization of approximately $6.5 billion as of July 2021. The company has a history of paying a dividend to shareholders, and continues to prioritize maintaining a strong and stable dividend payout over time.


   Company Address: 2727 North Harwood Street Dallas 75201 TX
   Company Phone Number: 476-1900   Stock Exchange / Ticker: NYSE SRC
   


   

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Spirit Realty Capital Inc

Earnings Take a Dive While Revenue Soars: Spirit Realty Capital Inc's Third Quarter Report reveals a Mixed Bag of Results

Spirit Realty Capital Inc, a leading professional services company, delivered mixed results in the third quarter of the 2023 earnings season. While the company experienced a 5.725% increase in revenue to $193.38 million compared to the previous year, its earnings per share (EPS) plummeted by -53.7% to $0.25 per share. This significant decrease in EPS, from $0.54 in the prior year quarter, indicates a decline in profitability for the company.
To better understand Spirit Realty Capital Inc's third-quarter performance in 2023, it is essential to examine the overall performance of the professional services industry. In comparison to the third quarter of 2022, professional services companies have reported a revenue rise of 9.54%. Thus, it is evident that Spirit Realty Capital Inc has underachieved relative to its industry peers. Additionally, while revenue increased by 2.152% from the previous period, income decreased by -30.56% from $0.36 per share. The bottom-line also saw a significant decline of -49.81% to $38.468 million in the most recent fiscal period, compared to $76.640 million in the corresponding period the previous year.

Spirit Realty Capital Inc

Spirit Realty Capital Inc. Reports a Comprehensive Growth in Q2 2023 Despite Slight Drop in Profit per Share

Spirit Realty Capital Inc (SRC), a Professional Services company, recently announced its financial results for the most recent fiscal period. Despite a drop in net profit per share, SRC saw a significant increase in revenue.
In its most recent fiscal period, SRC reported a net profit per share of $0.36, a decrease compared to the $0.60 earned in the same period last year. However, the company's revenue rose by 8.212%, which is a positive sign of growth. This growth rate outperformed most of its contemporaries in the Professional Services sector.

Spirit Realty Capital Inc

Outstanding EPS Increase by 57.14% at SRC Marks Spectacular Q1 Success 2.

Spirit Realty Capital Inc, a notable real estate investment trust based in the United States, has recently announced their financial results for the first quarter ending on March 31, 2023. According to their latest financial report, the company's income has significantly increased by 57.14% to $0.66 per share, while the revenue has also witnessed an impressive 11.813% increase to $188.29 million, compared to the same period the year before.
These numbers indicate a remarkable improvement in comparison to the previous year, with the EPS skyrocketing by 52.26% from $0.43 per share, while revenue surged by 2.669% from $183.39 million. Furthermore, the company's net profits also show a substantial boost of 71.57% to $96.173 million in the first quarter of 2023, compared to the same quarter last year when it reported net earnings of $56.056 million.






 

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