Streetbeat News

STAG

STAG Industrial, Inc.

https://www.stagindustrial.com

Industry

REIT - Industrial

STAG Industrial, Inc. (NYSE: STAG) is a real estate investment trust focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. By targeting this type of property, STAG has developed an investment strategy that helps investors find a powerful balance of income plus growth.

Open

36.00

Mkt cap

6.6B

Volume

685K

High

36.46

P/E Ratio

36.48

52-wk high

41.63

Low

35.93

Div yield

0.04

52-wk low

34.09

STAG Industrial, Inc. will participate in the NAREIT's REITworld 2024 Annual Conference. The company has updated its investor presentation and business update on its website.

Portfolio Pulse from

November 13, 2024 | 10:30 pm

Stag Industrial reported Q3 2024 earnings per share of $0.60, meeting analyst expectations. The company's sales were $190.29 million, surpassing the $189.09 million estimate and marking a 6.99% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:14 pm

Stag Industrial is set to announce its quarterly earnings on October 29, 2024, with analysts estimating an EPS of $0.60. The market is optimistic about the company surpassing estimates and providing positive guidance. Stag Industrial has shown strong revenue growth and profitability, with a net margin of 31.48% and a return on equity of 1.78%. The company's stock has risen 12.61% over the past year, and analysts have a neutral rating with a price target suggesting a 14.44% upside.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 5:01 pm

Analysts have varied opinions on Stag Industrial (NYSE:STAG), with recent ratings showing a mix of somewhat bullish and indifferent sentiments. The average 12-month price target has increased to $42.4, indicating a positive outlook. Analysts have adjusted their ratings and price targets, reflecting dynamic market conditions and company performance. Stag Industrial has shown strong financial performance with a 10.53% revenue growth rate, a net margin of 31.48%, and a debt-to-equity ratio of 0.85.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 3:02 pm

Barclays analyst Brendan Lynch has maintained an Equal-Weight rating on Stag Industrial (NYSE:STAG) but has lowered the price target from $42 to $40.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:47 pm

Stag Industrial has refinanced its $1 billion unsecured credit facility, which could impact its financial flexibility and interest expenses.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:13 pm

Evercore ISI Group has maintained an 'Outperform' rating on Stag Industrial and raised its price target from $43 to $44, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 5:19 pm

Analysts have provided mixed ratings for Stag Industrial (NYSE:STAG) over the past three months, with recent price targets averaging $42.0, reflecting a 7.01% increase from the previous average. Analysts have raised their price targets, indicating a positive outlook. Stag Industrial has shown strong financial performance with impressive revenue growth, net margin, ROE, and ROA, while maintaining a balanced debt approach.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 3:00 pm

Wells Fargo analyst Blaine Heck has maintained an Equal-Weight rating on Stag Industrial (NYSE:STAG) while raising the price target from $37 to $41.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:20 pm

Barclays analyst Brendan Lynch maintains an Equal-Weight rating on Stag Industrial (NYSE:STAG) and raises the price target from $38 to $42.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 2:44 pm

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