- Previous Close
37.67 - Open
37.45 - Bid 37.32 x 900
- Ask 37.33 x 800
- Day's Range
37.24 - 37.54 - 52 Week Range
31.69 - 41.63 - Volume
182,617 - Avg. Volume
1,026,860 - Market Cap (intraday)
6.939B - Beta (5Y Monthly) 1.09
- PE Ratio (TTM)
35.88 - EPS (TTM)
1.04 - Earnings Date Oct 29, 2024
- Forward Dividend & Yield 1.48 (3.93%)
- Ex-Dividend Date Sep 30, 2024
- 1y Target Est
42.55
We are a REIT focused on the acquisition, ownership, and operation of industrial properties throughout the United States. Our platform is designed to (i) identify properties for acquisition that offer relative value across CBRE-EA Tier 1 industrial real estate markets, industries, and tenants through the principled application of our proprietary risk assessment model, (ii) provide growth through sophisticated industrial operation and an attractive opportunity set, 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, 2023, we owned 569 buildings in 41 states with approximately 112.3 million rentable square feet, consisting of 493 warehouse/distribution buildings, 70 light manufacturing buildings, one flex/office building, and five Value Add Portfolio buildings. In addition, as of December 31, 2023, we had six development projects (which are not included in the building count noted above). While the majority of our portfolio consists of single-tenant properties, we also own a growing number of multi-tenant properties. As of December 31, 2023, our buildings were approximately 98.2% leased, with no single tenant accounting for more than approximately 2.9% of our total annualized base rental revenue and no single industry accounting for more than approximately 11.0% of our total annualized base rental revenue. We intend to maintain a diversified mix of tenants to limit our exposure to any single tenant or industry. As of December 31, 2023, our Operating Portfolio was approximately 98.4% leased. SL Rent Change on new and renewal leases together grew approximately 44.0% and 24.3% during the years ended December 31, 2023 and 2022, respectively, and our Cash Rent Change on new and renewal leases together grew approximately 31.0% and 14.3% during the years ended December 31, 2023 and 2022, respectively. We have fully integrated acquisition, leasing and operations platforms led by a senior management team with decades of industrial real estate experience. Our mission is to deliver attractive long-term stockholder returns in all market environments by growing cash flow through disciplined investment in high-quality real estate while maintaining a strong balance sheet.
www.stagindustrial.comRecent News: STAG
View MorePerformance Overview: STAG
Trailing total returns as of 10/7/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: STAG
View MoreValuation Measures
Market Cap
6.86B
Enterprise Value
9.66B
Trailing P/E
36.22
Forward P/E
--
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
9.26
Price/Book (mrq)
2.05
Enterprise Value/Revenue
13.05
Enterprise Value/EBITDA
16.59
Financial Highlights
Profitability and Income Statement
Profit Margin
25.43%
Return on Assets (ttm)
2.56%
Return on Equity (ttm)
5.61%
Revenue (ttm)
739.91M
Net Income Avi to Common (ttm)
187.98M
Diluted EPS (ttm)
1.04
Balance Sheet and Cash Flow
Total Cash (mrq)
87.78M
Total Debt/Equity (mrq)
82.82%
Levered Free Cash Flow (ttm)
338.41M
Research Analysis: STAG
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Research Reports: STAG
View MoreLowering target price to $42.00
STAG INDUSTRIAL INC has an Investment Rating of BUY; a target price of $42.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Medium.
RatingPrice TargetLowering target price to $43.00
STAG INDUSTRIAL INC has an Investment Rating of BUY; a target price of $43.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.
RatingPrice TargetWhat does Argus have to say about STAG?
STAG INDUSTRIAL INC has an Investment Rating of BUY; a target price of $44.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.
RatingPrice TargetWhat does Argus have to say about STAG?
STAG INDUSTRIAL INC has an Investment Rating of BUY; a target price of $44.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.
RatingPrice Target