STAG Industrial (STAG) Projected to Post Earnings on Wednesday

STAG Industrial (NYSE:STAG - Get Free Report) is expected to be issuing its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $194.04 million for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.

STAG Industrial Stock Down 0.6 %

Shares of STAG stock traded down $0.20 during trading hours on Friday, hitting $34.67. 834,833 shares of the company were exchanged, compared to its average volume of 1,258,632. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.42 and a current ratio of 1.42. The stock has a market capitalization of $6.32 billion, a price-to-earnings ratio of 35.02 and a beta of 1.09. STAG Industrial has a one year low of $32.27 and a one year high of $41.63. The business's 50-day simple moving average is $34.42 and its two-hundred day simple moving average is $37.15.

STAG Industrial Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.1242 per share. This represents a $1.49 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date of this dividend is Monday, March 31st. STAG Industrial's dividend payout ratio is presently 150.51%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Wells Fargo & Company decreased their price target 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. Raymond James increased their price objective on shares of STAG Industrial from $39.00 to $40.00 and gave the stock an "outperform" rating in a report on Wednesday, December 11th. Barclays reduced their price objective 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. Finally, Royal Bank of Canada decreased their price target on STAG Industrial from $40.00 to $38.00 and set a "sector perform" rating for the company in a research note on Monday, January 27th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $40.38.

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.