STAG Industrial, Inc. (NYSE:STAG) Given Average Recommendation of "Moderate Buy" by Analysts

STAG Industrial, Inc. (NYSE:STAG - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $40.38.

Several research analysts recently weighed in on the stock. Raymond James boosted their price objective on shares of STAG Industrial from $39.00 to $40.00 and gave the stock an "outperform" rating in a research report on Wednesday, December 11th. Barclays dropped 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, January 28th. Royal Bank of Canada decreased 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. Finally, Wells Fargo & Company dropped their price objective on STAG Industrial from $41.00 to $38.00 and set an "equal weight" rating for the company in a report on Monday, November 4th.

STAG Industrial Price Performance

STAG traded up $0.20 during trading on Friday, hitting $35.20. The company's stock had a trading volume of 578,824 shares, compared to its average volume of 1,266,663. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $6.57 billion, a price-to-earnings ratio of 33.84 and a beta of 1.09. The firm's 50 day moving average price is $34.26 and its two-hundred day moving average price is $36.87. STAG Industrial has a 12 month low of $32.27 and a 12 month high of $41.63.

STAG Industrial (NYSE:STAG - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.43. STAG Industrial had a return on equity of 5.51% and a net margin of 24.64%. Sell-side analysts forecast that STAG Industrial will post 2.47 earnings per share for the current fiscal year.

STAG Industrial Dividend Announcement

The business 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. The ex-dividend date is Monday, March 31st. This represents a $1.49 annualized dividend and a dividend yield of 4.23%. STAG Industrial's payout ratio is currently 143.27%.

Institutional Trading of STAG Industrial

Hedge funds have recently modified their holdings of the company. GF Fund Management CO. LTD. bought a new stake in STAG Industrial in the fourth quarter valued at approximately $112,000. Parr Mcknight Wealth Management Group LLC acquired a new position in shares of STAG Industrial in the 4th quarter valued at $896,000. PharVision Advisers LLC bought a new stake in shares of STAG Industrial in the 4th quarter valued at $264,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of STAG Industrial by 442.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,364,411 shares of the real estate investment trust's stock valued at $46,144,000 after buying an additional 1,112,757 shares in the last quarter. Finally, Woodline Partners LP acquired a new stake in STAG Industrial during the 4th quarter worth $15,446,000. 88.67% of the stock is currently 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.