Stag Industrial, Inc. (NYSE:STAG) Given Average Rating of "Hold" by Analysts

Key Points

• Analysts rate STAG a "Hold" — the average recommendation from 10 brokerages is Hold (1 sell, 6 hold, 3 buy) with a mean 1‑year target price of $39.50.
• Significant insider selling — insiders have sold 136,974 shares (~$5.35M) in the past three months, including CEO William Crooker's sale of 93,732 shares; insiders now own 1.10% of the stock.
• Quarterly beat and growth — Stag reported $0.66 EPS vs. $0.63 expected and revenue of $220.9M vs. $213.7M, with quarterly revenue up 10.8% year‑over‑year.

Shares of Stag Industrial, Inc. (NYSE:STAG - Get Free Report) have been assigned an average recommendation of "Hold" from the ten brokerages that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $39.50.

A number of brokerages recently commented on STAG. Evercore restated an "outperform" rating on shares of Stag Industrial in a report on Friday, February 13th. iA Financial set a $39.00 price objective on shares of Stag Industrial in a research report on Tuesday, January 13th. Barclays restated an "underweight" rating and issued a $39.00 price objective (down from $40.00) on shares of Stag Industrial in a report on Tuesday, January 13th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Stag Industrial in a research report on Monday, December 22nd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Stag Industrial from $39.00 to $40.00 and gave the company a "neutral" rating in a research note on Thursday, February 19th.

Insider Buying and Selling at Stag Industrial

In other Stag Industrial news, Director Virgis Colbert sold 18,000 shares of Stag Industrial stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $38.08, for a total transaction of $685,440.00. Following the sale, the director directly owned 4,210 shares of the company's stock, valued at approximately $160,316.80. The trade was a 81.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO William R. Crooker sold 93,732 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $39.17, for a total value of $3,671,482.44. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 136,974 shares of company stock valued at $5,345,904. 1.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Stag Industrial

Hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC boosted its position in shares of Stag Industrial by 17.6% in the 1st quarter. NewEdge Advisors LLC now owns 9,952 shares of the real estate investment trust's stock worth $359,000 after purchasing an additional 1,491 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Stag Industrial by 37.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,671,949 shares of the real estate investment trust's stock valued at $60,391,000 after buying an additional 451,355 shares in the last quarter. Empowered Funds LLC bought a new position in Stag Industrial during the 1st quarter valued at approximately $229,000. EverSource Wealth Advisors LLC raised its stake in Stag Industrial by 270.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,436 shares of the real estate investment trust's stock valued at $52,000 after buying an additional 1,048 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in Stag Industrial by 173.4% in the second quarter. First Trust Advisors LP now owns 177,756 shares of the real estate investment trust's stock worth $6,449,000 after acquiring an additional 112,747 shares in the last quarter. Institutional investors own 88.67% of the company's stock.

Stag Industrial Trading Up 0.9%

Shares of Stag Industrial stock opened at $38.81 on Friday. The company has a market capitalization of $7.42 billion, a P/E ratio of 26.58 and a beta of 1.04. The stock has a fifty day simple moving average of $38.02 and a 200 day simple moving average of $37.87. Stag Industrial has a 12-month low of $31.64 and a 12-month high of $39.98. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.89.

Stag Industrial (NYSE:STAG - Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The real estate investment trust reported $0.66 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.03. The business had revenue of $220.90 million during the quarter, compared to analyst estimates of $213.66 million. Stag Industrial had a return on equity of 7.68% and a net margin of 32.35%.Stag Industrial's quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.61 EPS. On average, sell-side analysts anticipate that Stag Industrial will post 2.47 earnings per share for the current fiscal year.

About Stag Industrial

Stag Industrial, Inc is a real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of single-tenant industrial properties throughout the United States. The company's portfolio is focused on free-standing warehouses, distribution centers and light manufacturing facilities designed to meet the logistical needs of a diverse tenant base. By concentrating on properties with straightforward layouts and minimal common-area maintenance, Stag Industrial seeks to deliver stable rental income and attractive risk-adjusted returns for its shareholders.

Since its founding in 2010 and initial public offering in 2011, Stag Industrial has pursued a disciplined investment strategy centered on high-quality, well-located assets.

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