Spirit Realty Capital, Inc.s in-depth stock price analysis indicates that the stock price has rallied 3.24% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -17.11% . Looking at the past 52 week period, the stock price is up at 1.69% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Spirit Realty Capital, Inc. has a negative value of -3.47 compared to overall market performance. Stocks of Spirit Realty Capital, Inc. (NYSE:SRC) rallied by 2.94% during the past week but lost 1.36% on a 4-week basis. The company has outperformed the S&P 500 by 2.11% in the past week but underperformed the index by 3.13% in the last 4 weeks.
Spirit Realty Capital, Inc. (NYSE:SRC) : On Friday heightened volatility was witnessed in Spirit Realty Capital, Inc. (NYSE:SRC) which led to swings in the share price. The stock opened for trading at $10.75 and hit $10.86 on the upside , eventually ending the session at $10.85, with a gain of 0.93% or 0.1 points. The heightened volatility saw the trading volume jump to 5,837,960 shares. The 52-week high of the share price is $13.97 and the company has a market cap of $5,247 million. The 52-week low of the share price is at $10.07 .
Spirit Realty Capital Inc (New) Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.19 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.21. The company had revenue of $172.51 million for the quarter, compared to analysts expectations of $169.73 million. The companys revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Spirit Realty Capital Inc (New) was Initiated by FBR & Co. on Jan 4, 2017 to Outperform, Price Target of the shares are set at $13.Spirit Realty Capital Inc (New) was Downgraded by Mizuho on Dec 16, 2016 to Neutral, Price Target of the shares are set at $10.50.Spirit Realty Capital Inc (New) was Initiated by JP Morgan to Overweight on Dec 16, 2016. Spirit Realty Capital Inc (New) was Upgraded by Robert W. Baird on Nov 21, 2016 to Outperform, Price Target of the shares are set at $13.
Company has reported several Insider transactions to the SEC, on Dec 2, 2016, Thomas H Jr Nolan (Chief Executive Officer) sold 15,000 shares at 10.44 per share price.On Nov 17, 2016, Jackson Hsieh (COO) purchased 9,500 shares at 10.61 per share price.On Nov 10, 2016, Phillip D Jr Joseph (CFO) purchased 2,516 shares at 10.74 per share price.
Spirit Realty Capital, Inc. is a real estate investment trust. It acquires single tenant, operationally essential real estate where the tenants conduct retail, service or distribution activities. The Company has investments throughout the United States. Its portfolio of properties is leased to tenants operating in different industries which includes restaurants; general, specialty and discount retailers; movie theatres; education facilities; health, fitness and recreational facilities; automotive dealers, parts and service facilities; and supermarkets. Spirit Realty Capital, Inc. is based in Scottsdale, Arizona.