Analyst Ratings for Spirit Realty Capital Inc. (SRC)

Updated: 2017-07-28

Spirit Realty Capital Inc. (NYSE:SRC) was awarded an average rating of Hold from investment analysts following the stock. SRC had previously received a consensus rating of Hold a month ago.

16 analysts issued ratings on the stock, where 3 gave SRC a buy rating, 1 issued an overweight rating, 10 gave a hold rating, 2 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 8. During this time, the number of analysts bearish on the stock has increased by 1.

SRC was given price targets by several analysts. The maximum price target given was 10, implying a possible profit of 27.06 percent. The lowest price target was 6.5, implying a possible loss of -17.41 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -10.8 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -19.12 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of SRC to grow at a rate of 1185.87 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of SRC is 0.11.

SRC has a 52-week high of 13.97 and a 52-week low of 6.64. The current market price is above the trailing year's low by 18.52 percent, and 43.66 percent below the high. SRC has a P/E ratio of 129.23. Investors typically compare the P/E ratio to a company's peers in the industry. The SRC value stock report compares SRC to some of its peers using value stock charts. The stock has a market capitalization of $3.87 billion. SRC's next earnings release will be on 0000-00-00, which is days away.