Spirit Realty Capital, Inc (New) (SRC) Analysts See $0.20 EPS

October 13, 2017 - By Stephen Andrade

 Spirit Realty Capital, Inc (New) (SRC) Analysts See $0.20 EPS
Investors sentiment decreased to 0.98 in 2017 Q2. Its down 0.42, from 1.4 in 2017Q1. It worsened, as 53 investors sold Spirit Realty Capital, Inc (New) shares while 82 reduced holdings. 52 funds opened positions while 80 raised stakes. 425.47 million shares or 8.88% less from 466.96 million shares in 2017Q1 were reported.
98,143 were accumulated by Zweig. Comerica Comml Bank reported 41,075 shares. Parametric Associate Ltd Liability Com has invested 0.01% in Spirit Realty Capital, Inc (New) (NYSE:SRC). Senator Group Incorporated Ltd Partnership holds 35.00M shares or 2.92% of its portfolio. Advsrs Asset Mgmt has invested 0% in Spirit Realty Capital, Inc (New) (NYSE:SRC). Goodwin Daniel L reported 0.23% of its portfolio in Spirit Realty Capital, Inc (New) (NYSE:SRC). Teacher Retirement Sys Of Texas accumulated 0.04% or 699,613 shares. Panagora Asset reported 0% in Spirit Realty Capital, Inc (New) (NYSE:SRC). Lpl Financial Ltd invested 0% of its portfolio in Spirit Realty Capital, Inc (New) (NYSE:SRC). Spirit Of America Mgmt Corporation Ny invested 0.03% of its portfolio in Spirit Realty Capital, Inc (New) (NYSE:SRC). Gsa Cap Limited Liability Partnership accumulated 240,412 shares. Guggenheim Lc stated it has 0.01% of its portfolio in Spirit Realty Capital, Inc (New) (NYSE:SRC). Utah Retirement Sys, Utah-based fund reported 108,505 shares. Hbk Invs Lp reported 10,718 shares stake. Price T Rowe Assoc Md holds 0% or 221,385 shares in its portfolio.

Since May 24, 2017, it had 4 buys, and 0 insider sales for $321,375 activity. $50,049 worth of Spirit Realty Capital, Inc (New) (NYSE:SRC) was bought by JOSEPH PHILLIP D JR. On Wednesday, May 24 Messmann Boyd bought $71,900 worth of Spirit Realty Capital, Inc (New) (NYSE:SRC) or 10,000 shares.

Wall Street await Spirit Realty Capital, Inc (New) (NYSE:SRC) to release earnings on November, 1. Analysts forecast earnings per share of $0.20, down exactly $0.02 or 9.09 % from 2014’s $0.22 EPS. The expected SRC’s profit could reach $90.32M giving the stock 10.71 P/E in the case that $0.20 earnings per share is reported. After posting $0.21 EPS for the previous quarter, Spirit Realty Capital, Inc (New)’s analysts now forecast -4.76 % negative EPS growth. The stock increased 0.88% or $0.07 during the last trading session, reaching $8.57. About 5.42 million shares traded. Spirit Realty Capital, Inc (New) (NYSE:SRC) has declined 36.20% since October 14, 2016 and is downtrending. It has underperformed by 52.90% the S&P500.

Spirit Realty Capital, Inc (New) (NYSE:SRC) Ratings Coverage

Among 17 analysts covering Spirit Realty Capital (NYSE:SRC), 10 have Buy rating, 0 Sell and 7 Hold. Therefore 59% are positive. Spirit Realty Capital had 39 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was downgraded by Morgan Stanley on Thursday, July 23 to “Equal Weight”. The rating was maintained by Deutsche Bank with “Buy” on Friday, August 7. Mizuho upgraded Spirit Realty Capital, Inc (New) (NYSE:SRC) on Monday, July 10 to “Neutral” rating. The stock of Spirit Realty Capital, Inc (New) (NYSE:SRC) earned “Buy” rating by Deutsche Bank on Friday, August 7. On Friday, May 5 the stock rating was downgraded by JP Morgan to “Neutral”. The firm earned “Buy” rating on Friday, October 14 by Mizuho. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, May 9. The firm has “Neutral” rating given on Friday, May 5 by Ladenburg Thalmann. The stock has “Buy” rating by BTIG Research on Thursday, August 25. On Tuesday, May 10 the stock rating was maintained by Wunderlich with “Buy”.

More notable recent Spirit Realty Capital, Inc (New) (NYSE:SRC) news were published by: Fool.com which released: “Why Spirit Realty Capital, Inc. Stock Plunged 23%” on May 04, 2017, also Prnewswire.com with their article: “How These REIT Stocks are Performing? — Annaly Capital Management, New Senior …” published on October 03, 2017, Prnewswire.com published: “Spirit Realty Capital, Inc. Announces Plan for a Leveraged Spin-Off” on August 03, 2017. More interesting news about Spirit Realty Capital, Inc (New) (NYSE:SRC) were released by: Prnewswire.com and their article: “Spirit Realty Announces Pricing of Preferred Stock Offering” published on September 27, 2017 as well as Prnewswire.com‘s news article titled: “Spirit Realty Announces Closing of Series A Preferred Stock Offering and …” with publication date: October 03, 2017.

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