STAG Industrial, Inc. (NYSE:STAG – Free Report) – Analysts at Wedbush cut their FY2025 earnings per share estimates for STAG Industrial in a research note issued on Monday, January 27th. Wedbush analyst R. Anderson now forecasts that the real estate investment trust will post earnings of $2.48 per share for the year, down from their prior estimate of $2.55. The consensus estimate for STAG Industrial’s current full-year earnings is $2.40 per share.
A number of other equities analysts also recently commented on the stock. Wells Fargo & Company cut their target price on shares of STAG Industrial from $41.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Monday, November 4th. Royal Bank of Canada cut their price objective on STAG Industrial from $40.00 to $38.00 and set a “sector perform” rating on the stock in a research report on Monday. Barclays decreased their target price on STAG Industrial from $40.00 to $37.00 and set an “equal weight” rating for the company in a research report on Tuesday. Finally, Raymond James raised their target price on STAG Industrial from $39.00 to $40.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $40.38.
STAG Industrial Trading Up 1.8 %
Shares of STAG stock opened at $34.49 on Thursday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.87. STAG Industrial has a fifty-two week low of $32.27 and a fifty-two week high of $41.63. The firm’s 50 day moving average price is $34.74 and its two-hundred day moving average price is $37.36. The stock has a market cap of $6.28 billion, a price-to-earnings ratio of 34.83 and a beta of 1.09.
STAG Industrial Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.1242 dividend. This represents a $1.49 dividend on an annualized basis and a yield of 4.32%. The ex-dividend date of this dividend is Monday, March 31st. STAG Industrial’s dividend payout ratio is currently 149.49%.
Institutional Investors Weigh In On STAG Industrial
A number of hedge funds have recently bought and sold shares of STAG. UMB Bank n.a. boosted its stake in shares of STAG Industrial by 54.1% during the 3rd quarter. UMB Bank n.a. now owns 872 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 306 shares during the last quarter. Values First Advisors Inc. boosted its stake in STAG Industrial by 2.2% during the 4th quarter. Values First Advisors Inc. now owns 14,562 shares of the real estate investment trust’s stock valued at $492,000 after acquiring an additional 307 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in STAG Industrial by 3.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 12,025 shares of the real estate investment trust’s stock worth $407,000 after acquiring an additional 347 shares in the last quarter. Peak Financial Advisors LLC increased its position in shares of STAG Industrial by 3.0% in the 4th quarter. Peak Financial Advisors LLC now owns 12,415 shares of the real estate investment trust’s stock worth $420,000 after purchasing an additional 356 shares during the last quarter. Finally, Hilltop National Bank raised its stake in shares of STAG Industrial by 19.2% in the 4th quarter. Hilltop National Bank now owns 2,243 shares of the real estate investment trust’s stock valued at $76,000 after purchasing an additional 362 shares in the last quarter. Institutional investors and hedge funds own 88.67% of the company’s stock.
STAG Industrial Company Profile
STAG Industrial, Inc is a real estate investment company, which engages in acquiring, owning, and managing single-tenant, industrial real estate assets. It offers industrial real estate operating platform to real estate ownership. The company was founded by Benjamin S. Butcher on July 21, 2010 and is headquartered in Boston, MA.
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