STAG Industrial, Inc. (NYSE:STAG - Free Report) - Analysts at Wedbush increased their FY2025 earnings estimates for STAG Industrial in a report issued on Monday, November 11th. Wedbush analyst R. Anderson now expects that the real estate investment trust will post earnings of $2.55 per share for the year, up from their previous forecast of $2.54. Wedbush has a "Outperform" rating and a $45.00 price target on the stock. The consensus estimate for STAG Industrial's current full-year earnings is $2.38 per share.
A number of other research analysts have also recently issued reports on STAG. Wells Fargo & Company reduced their price objective on shares of STAG Industrial from $41.00 to $38.00 and set an "equal weight" rating for the company in a report on Monday, November 4th. Evercore ISI increased their price objective on STAG Industrial from $43.00 to $44.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 28th. Finally, Barclays decreased their price target on STAG Industrial from $42.00 to $40.00 and set an "equal weight" rating for the company in a report on Monday, October 28th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $41.13.
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STAG Industrial Stock Down 1.2 %
Shares of STAG traded down $0.44 during trading hours on Tuesday, hitting $36.88. The stock had a trading volume of 359,370 shares, compared to its average volume of 1,067,368. STAG Industrial has a 1-year low of $33.99 and a 1-year high of $41.63. The firm has a 50 day simple moving average of $38.40 and a 200-day simple moving average of $37.57. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.42 and a quick ratio of 1.42. The firm has a market capitalization of $6.72 billion, a P/E ratio of 37.49 and a beta of 1.09.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the company. Centersquare Investment Management LLC boosted its position in STAG Industrial by 24.9% during the first quarter. Centersquare Investment Management LLC now owns 129,800 shares of the real estate investment trust's stock valued at $4,990,000 after buying an additional 25,844 shares during the period. Westfield Capital Management Co. LP grew its position in STAG Industrial by 12.3% during the first quarter. Westfield Capital Management Co. LP now owns 967,485 shares of the real estate investment trust's stock valued at $37,190,000 after buying an additional 106,217 shares during the period. Cetera Investment Advisers increased its position in STAG Industrial by 763.9% in the first quarter. Cetera Investment Advisers now owns 70,788 shares of the real estate investment trust's stock worth $2,721,000 after buying an additional 62,594 shares in the last quarter. Earnest Partners LLC increased its stake in shares of STAG Industrial by 2.2% in the second quarter. Earnest Partners LLC now owns 3,652,984 shares of the real estate investment trust's stock worth $131,727,000 after purchasing an additional 78,189 shares in the last quarter. Finally, Harbor Capital Advisors Inc. lifted its holdings in STAG Industrial by 317.6% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 34,067 shares of the real estate investment trust's stock worth $1,228,000 after purchasing an additional 25,909 shares in the last quarter. Institutional investors own 88.67% of the company's stock.
STAG Industrial Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a $0.1233 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.48 annualized dividend and a dividend yield of 4.01%. STAG Industrial's payout ratio is currently 149.49%.
STAG Industrial Company Profile
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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.
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