Coverage Initiated by Jefferies Financial Group Inc for Spirit Realty Capital (NYSE:SRC)

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Stock analysts at Jefferies Financial Group Inc initiated coverage on shares of  Spirit Realty Capital (NYSE:SRC) in a report issued on Monday. The brokerage set a Buy rating on the Finance stock. A price-to-earnings ratio of 29.81 and a beta of 1.08. Spirit Realty Capital has a twelve month low $18.37 of  and a twelve month high of $54.63.

Shares of Spirit Realty Capital traded up $1.02 on Monday, reaching $34.78. 269957 shares of the stock traded hands, compared to its average volume of 1539964. Shares of Spirit Realty Capital were trading at $34.78 on Monday mid-day. The firm’s 50 day moving average is $$31.19 and its 200 day moving average is $42.17.Spirit Realty Capital  has a 12 month low of $33.68 and a 12 month high of $54.63. While on yearly highs and lows, Spirit Realty Capital’s today has traded high as $34.87 and has touched $33.68 on the downward trend. See More Analyst Rating at: RATING

Spirit Realty Capital Earnings and What to expect: 

Spirit Realty Capital last announced its quarterly earnings data on May 5th, 2020. The real estate investment trust reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by $0.93. The firm earned $121.36 million during the quarter, compared to analyst estimates of $122.40 million. Spirit Realty Capital has generated $3.34 earnings per share over the last year and currently has a price-to-earnings ratio of 28.7. Spirit Realty Capital has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, August 5th, 2020 based off prior year’s report dates.

Earnings for Spirit Realty Capital are expected to grow by 13.23% in the coming year, from $2.57 to $2.91 per share. The P/E ratio of Spirit Realty Capital is 28.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.03. The P/E ratio of Spirit Realty Capital is 28.65, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.90. Spirit Realty Capital has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • There is no enough data Insider Ownership Percentage
  • On 4/15/2020 EVP Jay Young Buy 2,500 at average share price of $25.99 which equates to $64,975.00 in money value.
  • On 4/14/2020 CEO Jackson Hsieh Buy 10,200 at average price of  $29.31 with total value of : $298,962.00
  • On 8/8/2019 EVP Jay Young Sell 10,648 at average price of  $45.79 with total value of : $487,571.92

Analyt at Jefferies Financial Group Inc other ratings :

Latest rating for Spirit Realty Capital by other brokers:

  • 6/29/2020 – Store Capital is now covered by analysts at Jefferies Financial Group Inc. They set a “buy” rating and a $31.00 price target on the stock.
  • 6/29/2020 – MSG Entertainment is now covered by analysts at Jefferies Financial Group Inc. They set a “buy” rating and a $100.00 price target on the stock.
  • 6/29/2020 – BALFOUR BEATTY/S was downgraded by analysts at Jefferies Financial Group Inc from a “buy” rating to a “hold” rating.
  • 6/29/2020 – Balfour Beatty was downgraded by analysts at Jefferies Financial Group Inc to a “hold” rating.

Spirit Realty Capital (NYSE:SRC) Moving Average Technical Analysis

5 day Moving Average is $35.26 And 5 day price change is -$1.57 (-4.38%)  with average volume for 5 day average is 859,348. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $35.70 and 20 day price change is $3.65 (11.91%) and average 20 day moving volume is 1,815,827. 50 day moving average is $31.19  and 50 day price change is $7.61 ( 28.51%)  and with average volume for 50 days is : 1,302,649. 200 day moving average is $42.17  and 200 day price change is -$13.06 (-27.58%)  and with average volume for 200 days is : 1,129,821.

See More Analyst Rating at: RATING