Stag Industrial inc (STAG) |
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Price: $37.5700
$-0.27
-0.714%
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Day's High:
| $38
| Week Perf:
| -0.53 %
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Day's Low: |
$ 37.55 |
30 Day Perf: |
-0.77 % |
Volume (M): |
1,484 |
52 Wk High: |
$ 39.61 |
Volume (M$): |
$ 55,743 |
52 Wk Avg: |
$36.02 |
Open: |
$37.90 |
52 Wk Low: |
$31.69 |
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Market Capitalization (Millions $) |
6,764 |
Shares
Outstanding (Millions) |
180 |
Employees |
300 |
Revenues (TTM) (Millions $) |
708 |
Net Income (TTM) (Millions $) |
197 |
Cash Flow (TTM) (Millions $) |
-5 |
Capital Exp. (TTM) (Millions $) |
430 |
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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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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Stag Industrial Inc
Stag Industrial Inc Reports Lower Income, but Steady Revenue Growth Raises Questions about Future Performance In its financial report for the period spanning from July to September 2023, Stag Industrial Inc announced a net profit per share of $0.28 and revenue of $171.69 million. While the company's revenue increased by 7.803% during this time, its income fell by $0.28 per share compared to the same period in the previous year, where it had earned $0.35 per share. Although Stag Industrial Inc experienced growth, it is important to note that its business expansion is lagging behind its Real Estate Investment Trusts sector contemporaries. The real estate sector's average business improvement during the third quarter of 2022 was reported at 7.89%. In contrast, Stag Industrial Inc saw a lower revenue increase of 4.419% in the second quarter of 2023, reaching $171.69 million. Furthermore, its net profit per share decreased by -3.45% from $0.29 per share.
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Stag Industrial Inc
Stag Industrial Inc., a leading industrial real estate investment trust (REIT), has experienced significant growth in its shares over the past three and twelve months. In the last three months alone, shares of Stag Industrial Inc. increased by 13.45%, and over the course of the past year, they have soared by an impressive 31.56%. This surge in share prices has led the company to reach its 52-week high, indicating a strong performance and investor confidence in the company's prospects. The recent success of Stag Industrial Inc. can be attributed to its financial performance. In the second quarter of 2023, the company's income witnessed a remarkable jump of 61.11% to $0.29 per share, compared to $0.18 per share in the same quarter the previous year. Furthermore, income improved by 3.57% from $0.28 per share in the prior reporting season. These figures highlight the company's ability to generate higher earnings, indicating its growth potential in the industry.
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Per Share |
Current |
Earnings (TTM) |
1.08 $ |
Revenues (TTM) |
3.93 $
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Cash Flow (TTM) |
- |
Cash |
0.12 $
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Book Value |
19.14 $
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Dividend (TTM) |
0.75 $ |
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Per Share |
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Earnings (TTM) |
1.08 $
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Revenues (TTM) |
3.93 $ |
Cash Flow (TTM) |
- |
Cash |
0.12 $
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Book Value |
19.14 $ |
Dividend (TTM) |
0.75 $ |
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