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Stag Industrial inc (NYSE: STAG) |
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Price: $32.9500
$0.56 
1.729%
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| Day's High:
| $32.96
| Week Perf:
| -0.54 %
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| Day's Low: |
$ 32.32 |
30 Day Perf: |
-10.05 % |
| Volume (M): |
1,276 |
52 Wk High: |
$ 41.63 |
| Volume (M$): |
$ 42,041 |
52 Wk Avg: |
$37.16 |
| Open: |
$32.50 |
52 Wk Low: |
$32.27 |
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| Market Capitalization (Millions $) |
6,007 |
| Shares
Outstanding (Millions) |
182 |
| Employees |
339 |
| Revenues (TTM) (Millions $) |
751 |
| Net Income (TTM) (Millions $) |
184 |
| Cash Flow (TTM) (Millions $) |
59 |
| Capital Exp. (TTM) (Millions $) |
419 |
Stag Industrial Inc
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 Boston, 2110 MA
Company Phone Number: 574-4777 Stock Exchange / Ticker: NYSE STAG
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| Stock Performances by Major Competitors |
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| Stag Industrial Inc
STAG Industrial's Q2 2024 Earnings: A Bullish Outlook Amid Strategic Financial Moves
As we dive into the second quarter of 2024, STAG Industrial, Inc. (NYSE: STAG) presents an impressive financial performance that not only reflects resilience but also strategically positions the company for sustained growth in the competitive Real Estate Investment Trusts (REIT) market. With $189.78 million in revenue, climbing 10.53% year-over-year, and earnings per share (EPS) of $0.33, up a staggering 65% from the prior reporting period, STAG's results paint a bullish picture for investors looking for stability and potential upside.
Solid Revenue Growth and Improved Profit Margins
The company?s ability to achieve a revenue growth rate that surpasses prior quarters indicates strong operational performance. Although STAG's revenue growth of 10.53% trailed the industry average increase of 13.34%, both the year-over-year improvements in net profit per share (up 13.79%) and net earnings (increased to $61.074 million, reflecting a 15.68% gain from the previous year) underscore the company?s solid fundamentals.
Notably, while the operating margin fell to 31.73%, a decline that can be attributed to industry-wide pressures, the improvement in net margin to 32.18% is a notable highlight. This juxtaposition suggests that STAG is effectively managing its operating costs while simultaneously enhancing its profitability at the bottom line, an essential trait that investors eagerly seek.
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| Stag Industrial Inc
As a Wall Street journalist, it is important to analyze and dissect the financial performance of companies to provide valuable insights to investors and stakeholders. In the case of STAG Industrial Inc, the recent announcement of income per share of $0.20 and revenue of $183.31 million in its most recent fiscal period may raise some concerns among investors.
STAGs income per share dropped by $0.20 compared to the previous financial period, while revenue saw a modest increase of 8.061%. When compared to its counterparts in the Real Estate Investment Trusts sector, STAG has underperformed as other companies have reported a revenue growth of 16.77% in the same period. This indicates that STAG may be facing challenges in generating substantial growth in a competitive market environment.
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| Stock Offering
Published Tue, Mar 26 2024 8:06 PM UTC
STAG INDUSTRIAL TO ISSUE $450 MILLION OF SENIOR UNSECURED NOTES AND REFINANCES TERM LOAN
BOSTON, March 26, 2024 - STAG Industrial, Inc. (NYSE: STAG), a leading real estate investment trust (REIT), recently announced that it has entered into a note purchase agreement to issue $450 million of fixed-rate senior unsecured notes in a private placement offering. Additionally, ...
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| Stag Industrial Inc
Stag Industrial Inc, a real estate investment trust (REIT) focused on industrial properties across the United States, recently reported its financial results for the fourth quarter of 2023. According to the company's financial report, revenue increased by 7.618% to $183.31 million compared to the same period last year. This growth is significant and demonstrates the company's continued success in generating revenue.
Furthermore, Stag Industrial Inc recorded a bottom-line growth of 48.59% to $0.23 per share, compared to $0.15 in the prior year's financial reporting period. This increase in earnings per share indicates the company's improved profitability and financial performance.
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| Dividend
Published Tue, Jan 16 2024 9:06 PM UTC
STAG INDUSTRIAL ANNOUNCES TAX TREATMENT OF 2023 DIVIDENDS
BOSTON, Jan. 16, 2024 - STAG Industrial, Inc. (NYSE:STAG), a leading real estate investment trust (REIT) focused on the acquisition and operation of industrial properties across the United States, has recently disclosed the tax treatment of its 2023 dividends to holders of its common stock. The tax treatment infor...
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| Per Share |
Current |
| Earnings (TTM) |
0.99 $ |
| Revenues (TTM) |
4.12 $
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| Cash Flow (TTM) |
0.32 $ |
| Cash |
0.38 $
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| Book Value |
18.46 $
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| Dividend (TTM) |
1.51 $ |
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| Per Share |
|
| Earnings (TTM) |
0.99 $
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| Revenues (TTM) |
4.12 $ |
| Cash Flow (TTM) |
0.32 $ |
| Cash |
0.38 $
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| Book Value |
18.46 $ |
| Dividend (TTM) |
1.51 $ |
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