| Market Capitalization (Millions $) |
7,124 |
| Shares
Outstanding (Millions) |
191 |
| Employees |
93 |
| Revenues (TTM) (Millions $) |
864 |
| Net Income (TTM) (Millions $) |
249 |
| Cash Flow (TTM) (Millions $) |
-9 |
| Capital Exp. (TTM) (Millions $) |
699 |
Business Description
Stag Industrial Inc. is a real estate investment trust (REIT) that focuses on the acquisition, ownership, and management of industrial properties throughout the United States. The company's portfolio consists of approximately 500 properties across 38 states, totaling over 100 million square feet of rentable space.
Stag Industrial's properties are primarily single-tenant and multi-tenant industrial buildings that are leased to a wide range of tenants, including manufacturers, distributors, and e-commerce companies. The company's goal is to provide high-quality facilities to its tenants, with units ranging in size from 5,000 to 500,000 square feet.
With a team of experienced professionals, Stag Industrial has developed a successful business model that includes an emphasis on strategic acquisitions, asset management, and development. The company's acquisitions team seeks out properties with strong regional and national market fundamentals, while its asset management team focuses on maximizing occupancy rates and extending lease terms.
Stag Industrial's development focus is mainly on leveraging its existing properties to enhance cash flow and increase asset values. This includes expanding existing buildings or developing new ones on underutilized land.
The company also prioritizes sustainability and environmental responsibility in its operations. Specifically, Stag Industrial assesses the energy efficiency of its properties regularly and implements initiatives to reduce energy consumption and lower carbon emissions.
Stag Industrial has a strong track record of financial success, with steady growth in revenues and dividends for its shareholders. The company aims to provide a stable income stream for investors through its consistently growing dividends while reinvesting in its properties, ultimately creating value for its shareholders.
Overall, Stag Industrial is a well-established and reputable REIT that has a proven track record in the industrial real estate market. With a focus on strategic acquisitions, data-driven asset management, and sustainable development practices, the company is well-positioned to continue providing value to its tenants and shareholders alike.
Company Address: One Federal Street Zagreb 2110 City of Zagreb
Company Phone Number: 574-4777 Stock Exchange / Ticker: NYSE STAG
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