FY2025 EPS Estimates for STAG Industrial Reduced by Wedbush

STAG Industrial, Inc. (NYSE:STAG - Free Report) - Investment analysts at Wedbush cut their FY2025 earnings per share estimates for STAG Industrial in a research report issued on Monday, January 27th. Wedbush analyst R. Anderson now expects that the real estate investment trust will post earnings of $2.48 per share for the year, down from their previous estimate of $2.55. The consensus estimate for STAG Industrial's current full-year earnings is $2.41 per share.

Several other research firms have also recently weighed in on STAG. Royal Bank of Canada reduced their price target on STAG Industrial from $40.00 to $38.00 and set a "sector perform" rating on the stock in a report on Monday, January 27th. Raymond James upped 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. Barclays reduced their target price on STAG Industrial from $40.00 to $37.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 28th. Finally, Wells Fargo & Company reduced their target price on STAG Industrial from $41.00 to $38.00 and set an "equal weight" rating on the stock in a report on Monday, November 4th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $40.38.

STAG Industrial Price Performance

NYSE STAG traded down $0.35 during trading on Thursday, hitting $33.83. 1,251,838 shares of the company's stock were exchanged, compared to its average volume of 1,308,211. The company has a market cap of $6.16 billion, a PE ratio of 34.17 and a beta of 1.09. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.87. The stock's 50 day moving average price is $34.69 and its two-hundred day moving average price is $37.31. STAG Industrial has a fifty-two week low of $32.27 and a fifty-two week high of $41.63.

STAG Industrial Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.1242 per share. This represents a $1.49 dividend on an annualized basis and a dividend yield of 4.40%. The ex-dividend date of this dividend is Monday, March 31st. STAG Industrial's payout ratio is 150.51%.

Hedge Funds Weigh In On STAG Industrial

A number of institutional investors have recently modified their holdings of STAG. FMR LLC raised its position in shares of STAG Industrial by 145.5% during the third quarter. FMR LLC now owns 6,936,107 shares of the real estate investment trust's stock worth $271,132,000 after purchasing an additional 4,111,268 shares during the period. Bank of Montreal Can raised its position in shares of STAG Industrial by 330.5% during the third quarter. Bank of Montreal Can now owns 1,346,149 shares of the real estate investment trust's stock worth $52,823,000 after purchasing an additional 1,033,485 shares during the period. Westfield Capital Management Co. LP raised its position in shares of STAG Industrial by 36.0% during the third quarter. Westfield Capital Management Co. LP now owns 1,670,586 shares of the real estate investment trust's stock worth $65,303,000 after purchasing an additional 442,618 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of STAG Industrial by 7.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,169,164 shares of the real estate investment trust's stock worth $123,883,000 after purchasing an additional 227,629 shares during the period. Finally, Heitman Real Estate Securities LLC raised its position in shares of STAG Industrial by 19.8% during the third quarter. Heitman Real Estate Securities LLC now owns 1,063,909 shares of the real estate investment trust's stock worth $41,588,000 after purchasing an additional 175,993 shares during the period. 88.67% of the stock is owned by institutional investors and hedge funds.

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.