Stag Industrial (NYSE:STAG) Given New $39.00 Price Target at Citigroup

Key Points

• Citigroup lowered its price target for Stag Industrial from $40 to $39 while maintaining a “neutral” rating, implying about 4.7% upside from the prior close.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $41 based on three Buy, five Hold, and one Sell recommendation.
• Stag Industrial’s quarterly revenue increased 9.4% year over year to $231.1 million and exceeded estimates, but reported EPS of $0.37 missed consensus by $0.29. Institutional investors own approximately 88.7% of the company’s shares.

Stag Industrial (NYSE:STAG - Get Free Report) had its target price reduced by Citigroup from $40.00 to $39.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has a "neutral" rating on the real estate investment trust's stock. Citigroup's price target would indicate a potential upside of 4.73% from the company's previous close.

Other analysts have also issued research reports about the company. Wall Street Zen raised Stag Industrial from a "sell" rating to a "hold" rating in a research note on Saturday, September 5th. Evercore reissued an "outperform" rating on shares of Stag Industrial in a research note on Monday, September 14th. Barclays boosted their price objective on shares of Stag Industrial from $38.00 to $41.00 and gave the stock an "underweight" rating in a report on Thursday, July 16th. Weiss Ratings lowered shares of Stag Industrial from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, September 25th. Finally, Wells Fargo & Company decreased their target price on shares of Stag Industrial from $40.00 to $38.00 and set an "equal weight" rating on the stock in a research report on Tuesday, September 1st. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $41.00.

Stag Industrial Price Performance

STAG stock traded up $0.93 during midday trading on Thursday, reaching $37.24. The company had a trading volume of 1,953,043 shares, compared to its average volume of 1,472,190. The firm has a 50-day moving average price of $36.70 and a 200-day moving average price of $37.89. The company has a market capitalization of $7.18 billion, a P/E ratio of 28.65 and a beta of 0.95. Stag Industrial has a 1 year low of $35.14 and a 1 year high of $42.61. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.76 and a quick ratio of 1.76.

Stag Industrial (NYSE:STAG - Get Free Report) last released its quarterly earnings results on Tuesday, October 27th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates of $0.66 by ($0.29). Stag Industrial had a net margin of 28.04% and a return on equity of 6.79%. The firm had revenue of $231.05 million for the quarter, compared to analysts' expectations of $227.16 million. During the same quarter in the previous year, the business earned $0.65 EPS. The company's revenue for the quarter was up 9.4% on a year-over-year basis. On average, research analysts anticipate that Stag Industrial will post 2.63 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Stag Industrial

A number of institutional investors have recently made changes to their positions in STAG. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Stag Industrial by 574.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,382,316 shares of the real estate investment trust's stock worth $49,501,000 after buying an additional 1,177,250 shares during the last quarter. Vise Technologies Inc. grew its holdings in shares of Stag Industrial by 73.0% in the third quarter. Vise Technologies Inc. now owns 10,396 shares of the real estate investment trust's stock worth $372,000 after acquiring an additional 4,387 shares during the period. MGO One Seven LLC grew its holdings in shares of Stag Industrial by 4.1% in the third quarter. MGO One Seven LLC now owns 10,594 shares of the real estate investment trust's stock worth $379,000 after acquiring an additional 415 shares during the period. Peak Financial Advisors LLC increased its position in Stag Industrial by 2.4% during the third quarter. Peak Financial Advisors LLC now owns 13,791 shares of the real estate investment trust's stock valued at $494,000 after acquiring an additional 327 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in Stag Industrial by 48.6% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 117,492 shares of the real estate investment trust's stock valued at $4,207,000 after acquiring an additional 38,400 shares during the last quarter. Hedge funds and other institutional investors own 88.67% of the company's stock.

Key Stag Industrial News

Here are the key news stories impacting Stag Industrial this week:

• Positive Sentiment: Evercore ISI initiated or reiterated a Buy rating on STAG, providing a fresh positive signal for the industrial REIT. STAG Industrial Receives a Buy from Evercore ISI
• Positive Sentiment: Third-quarter revenue rose 9.4% year over year to approximately $231.0 million, exceeding analyst expectations of $227.2 million. Net income attributable to common shareholders increased 45.4% to $70.7 million. STAG Industrial Announces Third Quarter 2026 Results
• Positive Sentiment: Core funds from operations (FFO) came in at $0.66 per share, matching consensus and improving from $0.65 a year earlier. Management also raised its 2026 guidance, citing better industrial-sector fundamentals. STAG Industrial Q3 FFO Meets Estimates
• Positive Sentiment: STAG authorized a new $250 million share-repurchase program and declared a quarterly dividend of $0.3875 per share, or $1.55 annualized. The buyback and roughly 4.2% indicated yield support the stock’s shareholder-return appeal. STAG Industrial Announces Equity Buyback
• Positive Sentiment: Operating portfolio occupancy remained strong at 96.2%, while leases commencing during the quarter generated a 23.8% cash-rent increase, indicating solid pricing power.
• Neutral Sentiment: STAG acquired two buildings for $107.9 million and sold four for $67.9 million, reflecting continued portfolio repositioning but a net reduction in assets during the quarter.
• Negative Sentiment: Reported GAAP EPS was $0.37, well below the $0.66 consensus estimate and down from $0.65 a year earlier. The earnings miss may limit the stock’s upside despite the stronger revenue, FFO and operating metrics.

Stag Industrial Company Profile

STAG Industrial, Inc is a real estate investment trust (REIT) that owns, operates and acquires industrial properties throughout the United States. The company focuses primarily on single-tenant properties, which it leases to businesses for uses such as warehousing, distribution, manufacturing and logistics.

Its portfolio includes a range of industrial facilities serving tenants across diverse industries and geographic markets. STAG Industrial's business activities include property acquisition, leasing, management and development, with an emphasis on facilities that support supply-chain and operating requirements.

Founded in 2010 and headquartered in Boston, Massachusetts, STAG Industrial became a publicly traded company in 2011.

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