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NYSE:STAG

STAG Industrial (STAG) Stock Price, News & Analysis

$35.12
-0.02 (-0.06%)
(As of 05/24/2024 ET)
Today's Range
$35.03
$35.36
50-Day Range
$34.37
$38.46
52-Week Range
$31.69
$39.61
Volume
688,637 shs
Average Volume
1.12 million shs
Market Capitalization
$6.39 billion
P/E Ratio
35.12
Dividend Yield
4.21%
Price Target
$39.13

STAG Industrial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
11.1% Upside
$39.00 Price Target
Short Interest
Healthy
3.23% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.53
Upright™ Environmental Score
News Sentiment
0.84mentions of STAG Industrial in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.62%
From $2.38 to $2.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.25 out of 5 stars

Finance Sector

215th out of 859 stocks

Real Estate Investment Trusts Industry

41st out of 176 stocks

STAG stock logo

About STAG Industrial Stock (NYSE:STAG)

STAG Industrial, Inc. is a leading real estate investment trust (REIT) specializing in acquiring, owning, and operating industrial properties across the United States. The company has become a key player in the industrial real estate market with a robust portfolio of strategically located assets. 

STAG Industrial identifies industrial properties with relative value across various locations, property types, and tenants. Its mission is to be a disciplined, relative value investor and a leading owner and operator of industrial properties in the United States. The company operates under the REIT structure, which provides tax advantages and requires it to distribute a significant portion of its income to shareholders. STAG Industrial owns a diversified portfolio of 562 buildings in 41 states, with approximately 111.7 million rentable square feet. Its portfolio consists primarily of warehouse/distribution buildings, light manufacturing buildings, flex/office buildings, and value-add portfolio buildings. With a high occupancy rate of approximately 98.5% as of December 31, 2022, the company has effectively leased its properties to a mix of single and multi-tenant tenants, ensuring a balanced revenue stream.

A highly experienced management team leads STAG Industrial with a deep understanding of the industrial real estate market. Benjamin S. Butcher is the Executive Chairman, providing strategic guidance and industry expertise. William R. Crooker, the Chief Executive Officer and President, brings strong leadership and a track record of success in the industrial property sector. 

STAG Industrial has demonstrated consistent growth and financial strength. In recent years, the company has achieved impressive revenue and earnings figures. Furthermore, STAG Industrial maintains a healthy profit margin, indicating efficient property management and operational excellence. The company's prudent capital structure, with a low debt-to-equity ratio, demonstrates a balanced approach to financing its operations.

The industrial real estate market is vital to the broader commercial real estate sector, and STAG Industrial operates within a highly competitive landscape. The demand for industrial properties has increased, driven by factors such as e-commerce growth, supply chain optimization, and the expansion of logistics and distribution networks. As companies strive to meet the evolving needs of consumers, the demand for strategically located warehouses and distribution centers has increased significantly.

STAG Industrial is well-positioned in this dynamic market, with its diverse portfolio of industrial properties spread across key locations throughout the United States. The company's focus on acquiring properties offering relative value allows it to capitalize on market opportunities and enhance its competitive advantage. By maintaining a solid tenant mix and avoiding dependence on any single tenant or industry, STAG Industrial mitigates risks associated with tenant turnover or industry-specific downturns.

STAG Industrial has identified several growth opportunities that can fuel its future success. The company aims to leverage its expertise and market knowledge to identify and acquire industrial properties with strong income-generating potential. The ongoing expansion of e-commerce and the increasing demand for last-mile delivery facilities present significant growth prospects. STAG Industrial can seize these opportunities by strategically acquiring properties near densely populated areas or regions with robust logistics and distribution networks.

Additionally, the company can pursue growth through portfolio optimization and value-add initiatives. By re-leasing single-tenant properties to multiple tenants or implementing property improvements, STAG Industrial can enhance rental income and property value. The company's fully-integrated acquisition, leasing, and asset management platform and experienced management team provide a solid foundation for executing these growth strategies.

While STAG Industrial has demonstrated resilience and growth potential, it is not immune to risks and challenges inherent in the industry. Changes in economic conditions, including recessions or slowdowns, could impact the demand for industrial properties and potentially affect the company's rental income and occupancy rates. Moreover, regulatory changes, environmental regulations, or zoning restrictions could create hurdles in property acquisitions and operations.

Additionally, STAG Industrial faces competition from other REITs, institutional investors, and private equity firms active in the industrial real estate market. Intense competition could impact property acquisition opportunities and potentially affect rental rates. The company must continue to identify and acquire properties that offer value and maintain a disciplined approach to portfolio management.

STAG Stock Price History

STAG Stock News Headlines

Q1 2024 STAG Industrial Inc Earnings Call
Stag: Q1 Earnings Snapshot
Here's what Wall Street expects from Stag Industrial's earnings
These 3 Stocks Yield Over 4% And Pay Dividends Each Month
STAG INDUSTRIAL ANNOUNCES COMMON STOCK DIVIDENDS
The 7 Best REITs to Buy in April 2024
See More Headlines
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Company Calendar

Last Earnings
5/03/2022
Today
5/24/2024
Ex-Dividend for 6/17 Dividend
5/31/2024
Dividend Payable
6/17/2024
Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Industrial REITs
CUSIP
85254J10
Employees
95
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$39.13
High Stock Price Target
$42.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+10.9%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$192.85 million
Pretax Margin
20.31%

Debt

Sales & Book Value

Annual Sales
$707.84 million
Cash Flow
$2.54 per share
Book Value
$18.80 per share

Miscellaneous

Free Float
180,077,000
Market Cap
$6.42 billion
Optionable
Optionable
Beta
1.05
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STAG Stock Analysis - Frequently Asked Questions

Should I buy or sell STAG Industrial stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for STAG Industrial in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" STAG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STAG, but not buy additional shares or sell existing shares.
View STAG analyst ratings
or view top-rated stocks.

What is STAG Industrial's stock price target for 2024?

7 Wall Street analysts have issued 1 year price objectives for STAG Industrial's stock. Their STAG share price targets range from $37.00 to $42.00. On average, they expect the company's share price to reach $39.00 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price.
View analysts price targets for STAG
or view top-rated stocks among Wall Street analysts.

How have STAG shares performed in 2024?

STAG Industrial's stock was trading at $39.26 at the beginning of the year. Since then, STAG stock has decreased by 10.6% and is now trading at $35.1150.
View the best growth stocks for 2024 here
.

When is STAG Industrial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our STAG earnings forecast
.

How were STAG Industrial's earnings last quarter?

STAG Industrial, Inc. (NYSE:STAG) released its quarterly earnings data on Tuesday, May, 3rd. The real estate investment trust reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.52 by $0.22. The real estate investment trust earned $159.21 million during the quarter, compared to analyst estimates of $156.38 million. STAG Industrial had a trailing twelve-month return on equity of 5.21% and a net margin of 24.92%. The company's quarterly revenue was up 18.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.49 earnings per share.

How often does STAG Industrial pay dividends? What is the dividend yield for STAG Industrial?

STAG Industrial announced a monthly dividend on Friday, April 12th. Shareholders of record on Friday, June 28th will be paid a dividend of $0.1233 per share on Monday, July 15th. This represents a $1.48 annualized dividend and a dividend yield of 4.21%. The ex-dividend date is Friday, June 28th.
Read our dividend analysis for STAG
.

Is STAG Industrial a good dividend stock?

STAG Industrial (NYSE:STAG) pays an annual dividend of $1.48 per share and currently has a dividend yield of 4.12%. STAG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 148.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, STAG will have a dividend payout ratio of 59.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STAG.

What is Benjamin S. Butcher's approval rating as STAG Industrial's CEO?

4 employees have rated STAG Industrial Chief Executive Officer Benjamin S. Butcher on Glassdoor.com. Benjamin S. Butcher has an approval rating of 66% among the company's employees.

What other stocks do shareholders of STAG Industrial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other STAG Industrial investors own include InterDigital (IDCC), Bank of Hawaii (BOH), AT&T (T), Realty Income (O), Altria Group (MO), AbbVie (ABBV), Evoke Pharma (EVOK), Coca-Cola (KO), Main Street Capital (MAIN) and Enterprise Products Partners (EPD).

Who are STAG Industrial's major shareholders?

STAG Industrial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (14.41%), Janus Henderson Group PLC (2.19%), Earnest Partners LLC (1.96%), Vaughan Nelson Investment Management L.P. (0.91%), Scout Investments Inc. (0.80%) and Daiwa Securities Group Inc. (0.70%). Insiders that own company stock include Benjamin S Butcher, Benjamin S Butcher, Jaclyn Paul, Jeffrey M Sullivan, Virgis Colbert and William R Crooker.
View institutional ownership trends
.

How do I buy shares of STAG Industrial?

Shares of STAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:STAG) was last updated on 5/24/2024 by MarketBeat.com Staff

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