J.P. Morgan analyst JPMorgan (NYSE:JPM) maintained a Buy rating on Spirit Realty Capital (NYSE:SRC) on Wednesday, setting a price target of $45, which is approximately 32.74% above the present share price of $33.9.
expects Spirit Realty Capital to post earnings per share (EPS) of -$0.18 for the third quarter of 2020.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Spirit Realty Capital, with an average price target of $40.33.
The analysts price targets range from a high of $47 to a low of $31.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $122.72 million and a net profit of $50.04 million. The company's market cap is $3.59 billion.
According to TipRanks.com, J.P. Morgan analyst JPMorgan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 7.6% and a 57.56% success rate.
Spirit Realty Capital, Inc. engages as a holding company and real estate investment fund. Its in-house capabilities include acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, and capital markets. The company was founded on August 14, 2003 and is headquartered in Dallas, TX.