STAG Industrial, Inc. (STAG)
Market Cap | 6.61B |
Revenue (ttm) | 751.37M |
Net Income (ttm) | 179.81M |
Shares Out | 183.68M |
EPS (ttm) | 0.99 |
PE Ratio | 36.39 |
Forward PE | 36.38 |
Dividend | $1.48 (4.11%) |
Ex-Dividend Date | Dec 31, 2024 |
Volume | 1,241,213 |
Open | 36.12 |
Previous Close | 36.32 |
Day's Range | 35.72 - 36.30 |
52-Week Range | 34.09 - 41.63 |
Beta | 1.09 |
Analysts | Buy |
Price Target | 41.43 (+15.12%) |
Earnings Date | Oct 29, 2024 |
About STAG
We are a REIT focused on the acquisition, ownership, and operation of industrial properties throughout the United States. Our platform is designed to (i) identify properties for acquisition that offer relative value across CBRE-EA Tier 1 industrial real estate markets, industries, and tenants through the principled application of our proprietary risk assessment model, (ii) provide growth through sophisticated industrial operation and an attractive opportunity set, and (iii) capitalize our business appropriately given the characteristics of our ... [Read more]
Financial Performance
In 2023, STAG Industrial's revenue was $707.84 million, an increase of 7.68% compared to the previous year's $657.35 million. Earnings were $192.63 million, an increase of 8.17%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for STAG stock is "Buy." The 12-month stock price forecast is $41.43, which is an increase of 15.12% from the latest price.
News
STAG INDUSTRIAL TO PARTICIPATE IN NAREIT CONFERENCE
BOSTON , Nov. 13, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) announced today that it will be participating in NAREIT's REITworld 2024 Annual Conference the week of November...
STAG Industrial: My Favorite Industrial REIT Remains A Buy After Q3 Report
Currently, I have only one industrial REIT in my portfolio. It is STAG Industrial. The reason I have been bullish on STAG since March this year is because of high quality financials, low multiple and ...
STAG Industrial, Inc. (STAG) Q3 2024 Earnings Call Transcript
STAG Industrial, Inc. (NYSE:STAG) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Steve Xiarhos - Senior Associate of Investor Relations and Capital Markets William...
STAG INDUSTRIAL ANNOUNCES THIRD QUARTER 2024 RESULTS
BOSTON , Oct. 29, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG), today announced its financial and operating results for the quarter ended September 30, 2024. "STAG executed i...
These REITs Trade At Premiums, But Should They?
REIT sectors are often mispriced due to broad-brush analysis; individual property types react differently to economic news, creating investment opportunities. Industrial REITs face weakened fundamenta...
Readers Identify 25 Ideal September Dividend Buys Out Of 39 Picks
Since May 2017, any dividend-paying stock mentioned by readers is included in my reader favorite listings, highlighting potential opportunities and risks. My stock lists aim to identify promising divi...
STAG INDUSTRIAL ANNOUNCES COMMON STOCK DIVIDENDS
BOSTON , Oct. 9, 2024 /PRNewswire/ -- The Board of Directors of STAG Industrial, Inc. (the "Company") (NYSE: STAG) maintained the monthly common stock dividend at $0.123333 per share and declared the ...
Invest $100,000 For Durable Income Without Losing Sleep At Night
Achieving the first $100,000 is crucial for portfolio diversification and accessing material reinvestment opportunities. If the objective is to build a massive snowball from durable income investments...
5 Of My Favorite Monthly Paying REITs
Monthly dividends can be enticing, but quality and sustainability of the dividend are crucial. Avoid "sucker yields" by analyzing fundamentals. Agree Realty is a high-quality REIT with consistent divi...
STAG Industrial's 4% Yield Is Worth Scooping Up
STAG Industrial is a well-managed industrial REIT with a growing portfolio, stable dividend payout, and a 4% yield, making it a 'Buy'. STAG grows responsibly via acquisitions, benefiting from strong e...
STAG INDUSTRIAL TO REPORT THIRD QUARTER 2024 RESULTS OCTOBER 29, 2024
BOSTON , Oct. 1, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that the Company will release its third quarter 2024 operating and financial results after marke...
STAG Industrial: Benefits Haven't Accrued To Investors
STAG's investment spread has improved, with a positive spread of 39 basis points, but it's not sufficient for a buy recommendation. Their cost of equity is 6.09%, but the total return for investors is...
If I Was Retiring In 10-20 Years With 10 REITs - Part 2
Younger investors can afford riskier REITs, but retirees need dependable income sources. Avoid mortgage and lodging REITs due to their volatility and economic sensitivity. Broadstone Net Lease offers ...
STAG INDUSTRIAL REFINANCES $1 BILLION UNSECURED CREDIT FACILITY
BOSTON , Sept. 10, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that it refinanced its $1 billion senior unsecured revolving credit facility.
STAG Industrial Will Benefit Greatly From The Upcoming Market Shifts
STAG Industrial will benefit from the market turnaround due to improved demand, reduced new construction, and a potentially more favourable interest rate environment. Despite current headwinds, STAG's...
STAG Industrial Is A Standout Amongst Industrial REITs
STAG is a standout REIT combining the strategies of a net lease REIT and industrial development. STAG's portfolio has a short-weighted average lease term, allowing for faster market adjustments and po...
2 REITs I Own But Where I Have Stopped Reinvesting Dividends
The REIT market has been exhibiting positive momentum as the first interest rate cuts seem to have become very likely. This has pushed many REIT prices higher, especially for those names that embody s...
STAG Industrial: My Only Industrial REIT Position Remains A Buy After Q2
STAG continues to perform in line with the REIT market and remains my only industrial REIT pick in the portfolio. Recently, the Company issued its Q2 2024 earnings report, which revealed some encourag...
You Should Keep An Eye On STAG Industrial - Despite Reduced Upside Potential
STAG Industrial's stock price has increased by 16.3% since I last covered it. The industrial property sector is facing temporary headwinds, but there are signs of upcoming improvement in supply-to-dem...
STAG Industrial, Inc. (STAG) Q2 2024 Earnings Call Transcript
STAG Industrial, Inc. (NYSE:STAG) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Steve Xiarhos - Associate Capital Markets & Investor Relations Bill Crooker - CEO, Pr...
STAG INDUSTRIAL ANNOUNCES SECOND QUARTER 2024 RESULTS
BOSTON , July 30, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG), today announced its financial and operating results for the quarter ended June 30, 2024. "STAG has delivered e...
Industrial Real Estate Returning To Growth
Second quarter earnings reports from Prologis and First Industrial indicate growth returning to the industrial sector. Industrial real estate market rental rates stopped growing in late 2023, but rece...