S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
How major US stock indexes fared Friday 6/9/2023
Kevin O'Leary Slams Martha Stewart's Comments on Remote Work: 'Nobody Wants to Work in These Places'
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
MarketBeat Week in Review – 6/4 - 6/9
New Mexico reaches $500M settlement with Walgreens in opioid case
The single greatest medical breakthrough of all time? (Ad)
Mark Zuckerberg Delivers Dorky Diss of Apple's Pricey New Headset
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
How major US stock indexes fared Friday 6/9/2023
Kevin O'Leary Slams Martha Stewart's Comments on Remote Work: 'Nobody Wants to Work in These Places'
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
MarketBeat Week in Review – 6/4 - 6/9
New Mexico reaches $500M settlement with Walgreens in opioid case
The single greatest medical breakthrough of all time? (Ad)
Mark Zuckerberg Delivers Dorky Diss of Apple's Pricey New Headset
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
How major US stock indexes fared Friday 6/9/2023
Kevin O'Leary Slams Martha Stewart's Comments on Remote Work: 'Nobody Wants to Work in These Places'
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
MarketBeat Week in Review – 6/4 - 6/9
New Mexico reaches $500M settlement with Walgreens in opioid case
The single greatest medical breakthrough of all time? (Ad)
Mark Zuckerberg Delivers Dorky Diss of Apple's Pricey New Headset
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
How major US stock indexes fared Friday 6/9/2023
Kevin O'Leary Slams Martha Stewart's Comments on Remote Work: 'Nobody Wants to Work in These Places'
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
MarketBeat Week in Review – 6/4 - 6/9
New Mexico reaches $500M settlement with Walgreens in opioid case
The single greatest medical breakthrough of all time? (Ad)
Mark Zuckerberg Delivers Dorky Diss of Apple's Pricey New Headset
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
NYSE:STAG

STAG Industrial (STAG) Stock Forecast, Price & News

$36.06
-0.24 (-0.66%)
(As of 06/9/2023 ET)
Compare
Today's Range
$35.88
$36.35
50-Day Range
$32.36
$36.41
52-Week Range
$26.56
$37.15
Volume
1.18 million shs
Average Volume
1.23 million shs
Market Capitalization
$6.47 billion
P/E Ratio
36.80
Dividend Yield
4.08%
Price Target
$37.83

STAG Industrial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
4.9% Upside
$37.83 Price Target
Short Interest
Bearish
6.90% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.04
Upright™ Environmental Score
News Sentiment
0.74mentions of STAG Industrial in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$873,612 Sold Last Quarter
Proj. Earnings Growth
4.44%
From $2.25 to $2.35 Per Share

Overall MarketRank

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

1.96 out of 5 stars

Finance Sector

645th out of 867 stocks

Real Estate Investment Trusts Industry

142nd out of 191 stocks


STAG stock logo

About STAG Industrial (NYSE:STAG) Stock

We are a REIT focused on the acquisition, ownership and operation of industrial properties throughout the United States. We seek to (i) identify properties for acquisition that offer relative value across all locations, industrial property types, and tenants through the principled application of our proprietary risk assessment model, (ii) operate our properties in an efficient, cost-effective manner, and (iii) capitalize our business appropriately given the characteristics of our assets. We are organized and conduct our operations to maintain our qualification as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the Code), and generally are not subject to federal income tax to the extent we currently distribute our income to our stockholders and maintain our qualification as a REIT. We remain subject to state and local taxes on our income and property and to U.S. federal income and excise taxes on our undistributed income. As of December 31, 2022, we owned 562 buildings in 41 states with approximately 111.7 million rentable square feet, consisting of 484 warehouse/distribution buildings, 74 light manufacturing buildings, one flex/office building, and three Value Add Portfolio buildings. While the majority of our portfolio consists of single-tenant properties, we also own multi-tenant properties and may re-lease originally single-tenant properties to multiple tenants. As of December 31, 2022, our buildings were approximately 98.5% leased, with no single tenant accounting for more than approximately 3.0% of our total annualized base rental revenue and no single industry accounting for more than approximately 10.9% of our total annualized base rental revenue. We intend to maintain a diversified mix of tenants to limit our exposure to any single tenant. As of December 31, 2022, our Operating Portfolio was approximately 99.0% leased and our SL Rent Change on new and renewal leases together grew approximately 24.3% and 17.6% during the years ended December 31, 2022 and 2021, respectively, and our Cash Rent Change on new and renewal leases together grew approximately 14.3% and 10.4% during the years ended December 31, 2022 and 2021, respectively. We have a fully-integrated acquisition, leasing and asset management platform, and our senior management team has a significant amount of industrial real estate experience. Our mission is to continue to be a disciplined, relative value investor and a leading owner and operator of industrial properties in the United States. We seek to deliver attractive stockholder returns in all market environments by providing a covered dividend combined with accretive growth.

Receive STAG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for STAG Industrial and its competitors with MarketBeat's FREE daily newsletter.

STAG Stock News Headlines

[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
How A.I. Could Make Most 21st Century Diseases EXTINCT
On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...
STAG Industrial (NYSE:STAG) Shares Gap Up to $33.65
STAG INDUSTRIAL TO JOIN S&P MIDCAP 400
RBC Capital Keeps Their Buy Rating on Prologis (PLD)
Q1 2023 STAG Industrial Inc Earnings Call
See More Headlines

STAG Price History

STAG Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 5/15 Dividend
4/27/2023
Dividend Payable
5/15/2023
Today
6/10/2023
Ex-Dividend for 7/17 Dividend
6/29/2023
Dividend Payable
7/17/2023
Next Earnings (Estimated)
7/26/2023
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
$37.83
High Stock Price Forecast
$43.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+4.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$178.33 million
Pretax Margin
26.63%

Debt

Sales & Book Value

Annual Sales
$657.34 million
Cash Flow
$2.50 per share
Book Value
$19.30 per share

Miscellaneous

Free Float
177,404,000
Market Cap
$6.47 billion
Optionable
Optionable
Beta
1.02

Key Executives

  • Mr. Benjamin S. ButcherMr. Benjamin S. Butcher (Age 70)
    Exec. Chairman
    Comp: $1.28M
  • 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. 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. David A. Barker
    Sr. VP & Portfolio Mang.













STAG Stock - Frequently Asked Questions

Should I buy or sell STAG Industrial stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for STAG Industrial in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" STAG shares.
View STAG analyst ratings
or view top-rated stocks.

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

6 brokers have issued 12-month price targets for STAG Industrial's shares. Their STAG share price forecasts range from $34.00 to $43.00. On average, they anticipate the company's stock price to reach $37.83 in the next twelve months. This suggests a possible upside of 4.9% 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 on January 1st, 2023. Since then, STAG shares have increased by 11.6% and is now trading at $36.07.
View the best growth stocks for 2023 here
.

Are investors shorting STAG Industrial?

STAG Industrial saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 12,370,000 shares, an increase of 105.8% from the April 30th total of 6,010,000 shares. Based on an average trading volume of 1,940,000 shares, the days-to-cover ratio is currently 6.4 days.
View STAG Industrial's Short Interest
.

When is STAG Industrial's next earnings date?

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

How were STAG Industrial's earnings last quarter?

STAG Industrial, Inc. (NYSE:STAG) announced its quarterly earnings results 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 had revenue of $159.21 million for the quarter, compared to analysts' expectations of $156.38 million. STAG Industrial had a trailing twelve-month return on equity of 5.07% and a net margin of 26.15%. The firm's quarterly revenue was up 18.8% compared to the same quarter last year. During the same quarter last 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 declared a monthly dividend on Tuesday, April 11th. Investors of record on Friday, April 28th will be paid a dividend of $0.123 per share on Monday, May 15th. This represents a $1.48 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date is Thursday, April 27th. This is an increase from the stock's previous monthly dividend of $0.12.
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 4.04%. 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 150.00%. 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 62.55% 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.30%), State Street Corp (4.89%), Geode Capital Management LLC (2.12%), Charles Schwab Investment Management Inc. (1.69%), Boston Trust Walden Corp (1.47%) and Dimensional Fund Advisors LP (1.40%). 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 $36.07.

How much money does STAG Industrial make?

STAG Industrial (NYSE:STAG) has a market capitalization of $6.47 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 $0.98 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 6/10/2023 by MarketBeat.com Staff

My Account -