FY2025 EPS Estimates for STAG Industrial Lowered by Wedbush

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

Other research analysts have also issued reports about the company. Barclays dropped their price target on STAG Industrial from $40.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Royal Bank of Canada reduced their price target on shares of STAG Industrial from $40.00 to $38.00 and set a “sector perform” rating for the company in a research report on Monday, January 27th. Raymond James raised their price target 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. Finally, Wells Fargo & Company dropped their price objective on shares of STAG Industrial from $41.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Monday, November 4th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $40.38.

STAG Industrial Price Performance

Shares of NYSE:STAG opened at $34.20 on Thursday. The company has a market cap of $6.23 billion, a P/E ratio of 34.54 and a beta of 1.09. The company’s fifty day moving average is $34.69 and its two-hundred day moving average is $37.33. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.87. STAG Industrial has a 12-month low of $32.27 and a 12-month high of $41.63.

Institutional Investors Weigh In On STAG Industrial

Several institutional investors and hedge funds have recently modified their holdings of STAG. FMR LLC raised its holdings in 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 valued at $271,132,000 after buying an additional 4,111,268 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of STAG Industrial by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 3,403,540 shares of the real estate investment trust’s stock valued at $133,077,000 after acquiring an additional 21,925 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of STAG Industrial by 7.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,169,164 shares of the real estate investment trust’s stock valued at $123,883,000 after acquiring an additional 227,629 shares in the last quarter. Vaughan Nelson Investment Management L.P. lifted its holdings in STAG Industrial by 4.6% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 1,830,394 shares of the real estate investment trust’s stock worth $61,905,000 after purchasing an additional 79,762 shares during the last quarter. Finally, Westfield Capital Management Co. LP boosted its position in 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. Institutional investors and hedge funds own 88.67% of the company’s stock.

STAG Industrial Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.1242 dividend. This represents a $1.49 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date is Monday, March 31st. STAG Industrial’s dividend payout ratio (DPR) is presently 149.49%.

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.