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Is it Time to Dump Spirit Realty Capital Inc (SRC) Stock After it Has Risen 1.95% in a Week?

Tuesday, January 09, 2024 01:08 PM | InvestorsObserver Analysts

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Is it Time to Dump Spirit Realty Capital Inc (SRC) Stock After it Has Risen 1.95% in a Week?

The market has been high on Spirit Realty Capital Inc (SRC) stock recently. SRC gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Spirit Realty Capital Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SRC!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With SRC Stock Today?

Spirit Realty Capital Inc (SRC) stock has risen 0.4% while the S&P 500 has fallen -0.05% as of 12:55 PM on Tuesday, Jan 9. SRC is higher by $0.18 from the previous closing price of $45.27 on volume of 283,428 shares. Over the past year the S&P 500 has gained 22.33% while SRC is higher by 12.42%. SRC earned $1.76 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 25.79. To see InvestorsObserver's Sentiment Score for Spirit Realty Capital Inc click here.

More About Spirit Realty Capital Inc

Spirit Realty Capital Inc is a real estate investment trust primarily involved in leasing properties throughout the U.S. Spirit Realty's core business is acquiring real estate through sale-leaseback transactions in which a tenant will sell their property to Spirit and then lease that same property back from Spirit through a prearranged, long-term agreement. Spirit generates nearly all of its revenue in the form of rental income derived from leasing assets in its real estate portfolio. The vast majority of this portfolio is composed of retail properties. General merchandise companies, casual dining chains, and quick service restaurant chains represent significant amounts of Spirit's rental income. Click Here to get the full Stock Report for Spirit Realty Capital Inc stock.

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