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The single greatest medical breakthrough of all time? (Ad)
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Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Laser breakthrough could send stock soaring 2,467% (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
52-week Low Names To Tip The Upside Scale In Your Favor
The single greatest medical breakthrough of all time? (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
The single greatest medical breakthrough of all time? (Ad)
Analysts Went All In On These Computer Stocks, Save Your Spot
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Laser breakthrough could send stock soaring 2,467% (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
52-week Low Names To Tip The Upside Scale In Your Favor
The single greatest medical breakthrough of all time? (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
The single greatest medical breakthrough of all time? (Ad)
Analysts Went All In On These Computer Stocks, Save Your Spot
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Laser breakthrough could send stock soaring 2,467% (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
52-week Low Names To Tip The Upside Scale In Your Favor
The single greatest medical breakthrough of all time? (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
The single greatest medical breakthrough of all time? (Ad)
Analysts Went All In On These Computer Stocks, Save Your Spot
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
NYSE:STAG

STAG Industrial (STAG) Stock Forecast, Price & News

$34.73
-0.10 (-0.29%)
(As of 09/22/2023 ET)
Compare
Today's Range
$34.67
$35.39
50-Day Range
$34.73
$38.45
52-Week Range
$26.56
$38.83
Volume
1.44 million shs
Average Volume
980,536 shs
Market Capitalization
$6.24 billion
P/E Ratio
31.86
Dividend Yield
4.23%
Price Target
$38.43

STAG Industrial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
10.6% Upside
$38.43 Price Target
Short Interest
Healthy
1.91% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.19
Upright™ Environmental Score
News Sentiment
0.68mentions of STAG Industrial in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$1.21 M Sold Last Quarter
Proj. Earnings Growth
4.89%
From $2.25 to $2.36 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.48 out of 5 stars

Finance Sector

366th out of 799 stocks

Real Estate Investment Trusts Industry

80th out of 166 stocks


STAG stock logo

About STAG Industrial (NYSE:STAG) Stock

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 Price History

STAG Stock News Headlines

3 REITs to Buy and Hold for the Long Term (STAG)
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Analyst Expectations for Stag Industrial's Future
STAG Industrial Stock: Strong Buy After Q2 Earnings
What Wall Street expects from Stag Industrial's earnings
See More Headlines
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STAG Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 9/15 Dividend
8/30/2023
Dividend Payable
9/15/2023
Today
9/22/2023
Ex-Dividend for 10/16 Dividend
9/28/2023
Dividend Payable
10/16/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Industrial REITs
Sector
Finance
CUSIP
85254J10
Employees
93
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$38.43
High Stock Price Forecast
$42.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+10.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$178.33 million
Pretax Margin
29.12%

Debt

Sales & Book Value

Annual Sales
$657.34 million
Cash Flow
$2.43 per share
Book Value
$19.30 per share

Miscellaneous

Free Float
177,688,000
Market Cap
$6.24 billion
Optionable
Optionable
Beta
1.00
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Key Executives

  • Mr. William R. Crooker (Age 43)
    CEO, Pres & Director
    Comp: $1.45M
  • Mr. Matts S. Pinard (Age 39)
    Exec. VP, CFO & Treasurer
    Comp: $878.15k
  • Mr. Jeffrey M. Sullivan (Age 54)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $783.75k
  • Mr. Benjamin S. ButcherMr. Benjamin S. Butcher (Age 70)
    Exec. Director
    Comp: $1.28M
  • Mr. Michael Christopher Chase (Age 50)
    Exec. VP & Chief Investment Officer
  • Ms. Jaclyn M. Paul
    Chief Accounting Officer
  • Mr. Steve Xiarhos
    Associate Capital Markets & Investor Relations
  • Ms. Andrea M. Gillespie
    Director of HR
  • Mr. Bradford F. Sweeney (Age 52)
    Sr. VP of Acquisitions
  • Mr. Alan H. Simmons
    Sr. VP, Assistant Gen. Counsel & Assistant Sec.













STAG Stock - 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 year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" STAG shares.
View STAG analyst ratings
or view top-rated stocks.

What is STAG Industrial's stock price forecast for 2023?

7 brokerages have issued 1-year target prices for STAG Industrial's shares. Their STAG share price forecasts range from $36.00 to $42.00. On average, they predict the company's share price to reach $38.43 in the next year. This suggests a possible upside of 10.6% 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 2023?

STAG Industrial's stock was trading at $32.31 at the start of the year. Since then, STAG shares have increased by 7.5% and is now trading at $34.73.
View the best growth stocks for 2023 here
.

When is STAG Industrial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our STAG earnings forecast
.

How were STAG Industrial's earnings last quarter?

STAG Industrial, Inc. (NYSE:STAG) announced its quarterly earnings data on Tuesday, May, 3rd. The real estate investment trust reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by $0.22. The real estate investment trust had revenue of $159.21 million for the quarter, compared to the consensus estimate of $156.38 million. STAG Industrial had a net margin of 28.46% and a trailing twelve-month return on equity of 5.61%. The business's quarterly revenue was up 18.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.49 earnings per share.

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

STAG Industrial declared a monthly dividend on Monday, July 10th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.1225 per share on Monday, October 16th. This represents a $1.47 annualized dividend and a yield of 4.23%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for STAG
.

Is STAG Industrial a good dividend stock?

STAG Industrial (NYSE:STAG) pays an annual dividend of $1.47 per share and currently has a dividend yield of 4.06%. 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 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 134.86%. 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 62.29% 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).

What is STAG Industrial's stock symbol?

STAG Industrial trades on the New York Stock Exchange (NYSE) under the ticker symbol "STAG."

Who are STAG Industrial's major shareholders?

STAG Industrial's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.80%), State Street Corp (5.45%), Alliancebernstein L.P. (2.90%), Earnest Partners LLC (2.11%), Geode Capital Management LLC (1.66%) and Boston Trust Walden Corp (1.54%). Insiders that own company stock include Benjamin S Butcher, Benjamin S Butcher, Stephen C Mecke and Virgis Colbert.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is STAG Industrial's stock price today?

One share of STAG stock can currently be purchased for approximately $34.73.

How much money does STAG Industrial make?

STAG Industrial (NYSE:STAG) has a market capitalization of $6.24 billion and generates $657.34 million in revenue each year. The real estate investment trust earns $178.33 million in net income (profit) each year or $1.09 on an earnings per share basis.

How can I contact STAG Industrial?

STAG Industrial's mailing address is ONE FEDERAL STREET 23RD FLOOR, BOSTON MA, 02110. The official website for the company is www.stagindustrial.com. The real estate investment trust can be reached via phone at (617) 574-4777, via email at investorrelations@stagindustrial.com, or via fax at 617-574-0052.

This page (NYSE:STAG) was last updated on 9/23/2023 by MarketBeat.com Staff

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