News stories about Stag Industrial (NYSE:STAG) have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Stag Industrial earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 46.886404844679 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Stag Industrial (NYSE:STAG) opened at $28.00 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.09 and a quick ratio of 0.09. The stock has a market capitalization of $2,581.63, a PE ratio of 16.43, a PEG ratio of 3.03 and a beta of 1.25. Stag Industrial has a 52 week low of $22.64 and a 52 week high of $28.95.
Stag Industrial (NYSE:STAG) last announced its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.01. The business had revenue of $78.14 million during the quarter, compared to analysts’ expectations of $76.17 million. Stag Industrial had a return on equity of 5.72% and a net margin of 18.96%. The business’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.40 EPS. sell-side analysts expect that Stag Industrial will post 1.68 earnings per share for the current fiscal year.
The firm also recently announced a monthly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be paid a dividend of $0.1183 per share. This represents a $1.42 annualized dividend and a yield of 5.07%. The ex-dividend date of this dividend is Tuesday, February 27th. Stag Industrial’s payout ratio is 261.12%.
Several equities analysts have recently issued reports on the company. TheStreet upgraded Stag Industrial from a “c” rating to a “b-” rating in a research note on Tuesday, November 14th. BidaskClub upgraded Stag Industrial from a “strong sell” rating to a “sell” rating in a research note on Saturday, November 4th. Ladenburg Thalmann Financial Services reiterated a “buy” rating on shares of Stag Industrial in a research note on Friday, November 3rd. Jefferies Group reiterated a “buy” rating and issued a $32.00 price objective on shares of Stag Industrial in a research note on Tuesday, September 26th. Finally, UBS upgraded Stag Industrial from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $21.00 to $28.00 in a research note on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $28.25.
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Stag Industrial Company Profile
STAG Industrial, Inc is a real estate investment trust. The Company is focused on the acquisition, ownership, and operation of single-tenant, industrial properties across the United States. As of December 31, 2016, the Company owned 314 buildings in 37 states with approximately 60.9 million rentable square feet, consisting of 243 warehouse/distribution buildings, 54 light manufacturing buildings, 16 flex/office buildings, and one building in redevelopment.
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