Key Details
Price
$33.50Last Dividend
$0.12Annual Revenue
$707.84 MAnnual EPS
$1.07Annual ROE
5.59%Beta
0.67Events Calendar
Next earnings date:
Feb 12, 2025Recent quarterly earnings:
Oct 29, 2024Recent annual earnings:
Feb 13, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 31, 2024Next split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
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BOSTON, Jan. 2, 2025 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE: STAG) has announced that it will share its operating and financial results for the fourth quarter and full year of 2024 after the market closes on Wednesday, February 12, 2025. The Company will also hold a conference call to discuss these results on Thursday, February 13, 2025, at 10:00 a.m.
STAG Industrial (STAG) is a real estate investment trust (REIT) that has a varied collection of industrial properties across 40 states. It currently offers a dividend yield of 4.3%, backed by a solid coverage rate of 162%. With increasing cash flows, there is a chance for significant dividend growth in the future, and STAG's stock price has dropped to a level that could lead to a double-digit increase.
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STAG Industrial is a triple net lease REIT that provides good diversification with 578 properties in 40 states and a low concentration of tenants. Even with recent fluctuations in stock prices, STAG has a strong financial position, appealing rent increases, and the potential for growth, which could lead to significant gains. Although there are challenges in leasing new properties right now, the supply and demand situation in the industrial market is expected to improve, which could help STAG in the future.
Stag Industrial specializes in high-return properties in secondary markets, providing steady cash flow through long-term NNN leases, which sets it apart from more complicated REITs like PLD. Even with a 10% drop in shares, STAG's strong market rent growth, quick leasing activity, and high acquisition cap rates make it an attractive investment option. The company's cautious dividend strategy focuses on reinvesting money into new purchases and paying off debt, which boosts long-term value for shareholders, even if annual dividend increases are small.
BOSTON, Nov. 13, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) has announced its participation in NAREIT's REITworld 2024 Annual Conference, which will take place during the week of November 18, 2024. To prepare for the conference, the Company has updated its investor presentation and shared a business update on its website (www.stagindustrial.com) in the "Presentations" section of Investor Relations.
Right now, I only own one industrial REIT, which is STAG Industrial. I've been optimistic about STAG since March due to its strong financials, low valuation, and good growth potential. The Q3 2024 earnings report further shows that the company is solid and well-prepared for the expected growth.
STAG Industrial, Inc. (NYSE:STAG) will hold its Q3 2024 Earnings Conference Call on October 30, 2024, at 10:00 AM ET. The call will feature company representatives, including Steve Xiarhos, William Crooker, and Matts Pinard. Various participants from different financial institutions will also join the discussion.
The main figures for Stag (STAG) provide information about the company's performance for the quarter that ended in September 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same time last year.
BOSTON, Oct. 29, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) has released its financial and operational results for the quarter that ended on September 30, 2024. Bill Crooker, the President and CEO, stated that the company successfully followed its business plan this quarter, moving closer to its 2024 objectives.
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