STAG Industrial, Inc. (STAG)
Market Cap | 6.27B |
Revenue (ttm) | 707.84M |
Net Income (ttm) | 192.63M |
Shares Out | 181.84M |
EPS (ttm) | 1.07 |
PE Ratio | 32.22 |
Forward PE | 41.73 |
Dividend | $1.48 (4.29%) |
Ex-Dividend Date | Jun 28, 2024 |
Volume | 1,184,125 |
Open | 34.64 |
Previous Close | 34.54 |
Day's Range | 34.35 - 34.79 |
52-Week Range | 31.69 - 39.61 |
Beta | 1.03 |
Analysts | Hold |
Price Target | 39.14 (+13.52%) |
Earnings Date | Apr 30, 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'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 "Hold." The 12-month stock price forecast is $39.14, which is an increase of 13.52% from the latest price.
News
STAG INDUSTRIAL PUBLISHES 2023 SUSTAINABILITY REPORT
BOSTON , April 24, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE: STAG) announced today that it has published its 2023 Environmental, Social and Governance Report (the "Sustainabili...
STAG INDUSTRIAL ANNOUNCES COMMON STOCK DIVIDENDS
BOSTON , April 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 ...
STAG INDUSTRIAL TO REPORT FIRST QUARTER 2024 RESULTS APRIL 30, 2024
BOSTON, April 1, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE: STAG) today announced that the Company will release its first quarter 2024 operating and financial results after mark...
STAG INDUSTRIAL TO ISSUE $450 MILLION OF SENIOR UNSECURED NOTES AND REFINANCES TERM LOAN
BOSTON , March 26, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE: STAG) today announced that it entered into a note purchase agreement to issue $450 million of fixed rate senior uns...
Industrial construction starts are down: Here's what investors need to know
James Breeze, CBRE global head of industrial research, joins 'The Exchange' to discuss the recent drop in industrial leasing demand, the current health of industrial real estate and more.
STAG INDUSTRIAL ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS
BOSTON , Feb. 13, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG), today announced its financial and operating results for the fourth quarter and full year ended December 31, 20...
STAG INDUSTRIAL ANNOUNCES TAX TREATMENT OF 2023 DIVIDENDS
BOSTON , Jan. 16, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced the tax treatment of its 2023 dividends to holders of its common stock. The tax treatment for t...
STAG INDUSTRIAL TO REPORT FOURTH QUARTER AND FULL YEAR 2023 RESULTS FEBRUARY 13, 2024
BOSTON , Jan. 2, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that the Company will release its fourth quarter and full year 2023 operating and financial resu...
STAG INDUSTRIAL SIGNS TWO LEASE RENEWALS TOTALING 646,200 SQUARE FEET IN CHATTANOOGA, TN
BOSTON , Dec. 20, 2023 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) announced today that it signed two 63-month early lease renewals totaling 646,200 square feet of warehouse and ...
STAG INDUSTRIAL ANNOUNCES COMPLETION OF THREE NEW ROOFTOP COMMUNITY SOLAR PROJECTS IN NEW JERSEY
BOSTON , Dec. 18, 2023 /PRNewswire/ -- STAG Industrial, Inc. (NYSE:STAG) today announced the completion of three NJ community solar projects hosted on its rooftops. The 2.7 megawatts (MW) of installed...
KBW Announces Index Rebalancing for Fourth-Quarter 2023
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
STAG INDUSTRIAL TO PARTICIPATE IN NAREIT CONFERENCE
BOSTON , Nov. 10, 2023 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) announced today that it will be participating in NAREIT's REITworld 2023 Annual Conference the week of November...
STAG INDUSTRIAL ANNOUNCES THIRD QUARTER 2023 RESULTS
BOSTON , Oct. 26, 2023 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG), today announced its financial and operating results for the quarter ended September 30, 2023. "STAG continues ...
STAG INDUSTRIAL TO REPORT THIRD QUARTER 2023 RESULTS OCTOBER 26, 2023
BOSTON , Oct. 2, 2023 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that the Company will release its third quarter 2023 operating and financial results after marke...
3 Growing Dividends To Supercharge Your Income
Dividend deals are lining up for us across the board—and they're likely to get better as September unfolds.
Dynamic Energy and DSD Energize Connecticut's First Community Solar Project on STAG Industrial Rooftop in Milford, CT
The 2.1 MW Project Is Expected to Provide 2.6 Gigawatt-Hours of Clean Energy and Is the First Operational Project for the State's Shared Clean Energy Facility (SCEF) Program WAYNE, Pa. , Aug. 30, 20...
STAG INDUSTRIAL ANNOUNCES SECOND QUARTER 2023 RESULTS
BOSTON , July 26, 2023 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG), today announced its financial and operating results for the quarter ended June 30, 2023. "Resilient secular ta...
STAG INDUSTRIAL TO REPORT SECOND QUARTER 2023 RESULTS JULY 26, 2023
BOSTON , July 3, 2023 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that the Company will release its second quarter 2023 operating and financial results after mark...
STAG INDUSTRIAL TO JOIN S&P MIDCAP 400
BOSTON , May 3, 2023 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) will be added to the S&P MidCap 400 prior to the opening of trading on Thursday, May 4, 2023. About STAG Indus...
Axon Enterprise Set to Join S&P 500; STAG Industrial to Join S&P MidCap 400
NEW YORK , May 1, 2023 /PRNewswire/ -- S&P MidCap 400 constituent Axon Enterprise Inc. (NASD: AXON) will replace First Republic Bank (NYSE: FRC) in the S&P 500, and STAG Industrial Inc. (NYSE: STAG) w...
STAG INDUSTRIAL ANNOUNCES FIRST QUARTER 2023 RESULTS
BOSTON , April 26, 2023 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG), today announced its financial and operating results for the quarter ended March 31, 2023. "STAG reached new r...
STAG INDUSTRIAL TO REPORT FIRST QUARTER 2023 RESULTS
BOSTON , April 3, 2023 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that the Company will release its first quarter 2023 operating and financial results after mark...
STAG INDUSTRIAL PUBLISHES 2022 SUSTAINABILITY REPORT
BOSTON , March 20, 2023 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) announced today that it has published its 2022 Environmental, Social and Governance Report (the "Sustainabilit...
STAG INDUSTRIAL ANNOUNCES STEVE KIMBALL AS EVP--REAL ESTATE OPERATIONS AND BEN BUTCHER'S RETIREMENT AS EXECUTIVE CHAIR
BOSTON , March 16, 2023 /PRNewswire/ -- STAG Industrial, Inc. (NYSE: STAG) (the "Company") today announced that its Board of Directors had appointed Steven T. Kimball as Executive Vice President—Real ...