STAG Industrial (STAG) Expected to Announce Earnings on Wednesday

STAG Industrial (NYSE:STAG) is anticipated to announce its earnings results after the market closes on Wednesday, February 12th. Analysts expect STAG Industrial to post earnings of $0.18 per share and revenue of $194.04 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

STAG Industrial Trading Up 1.7 %

NYSE:STAG opened at $34.39 on Wednesday. The business’s 50-day moving average is $34.57 and its two-hundred day moving average is $37.24. The firm has a market capitalization of $6.27 billion, a PE ratio of 34.73 and a beta of 1.09. STAG Industrial has a 12 month low of $32.27 and a 12 month high of $41.63. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.42 and a quick ratio of 1.42.

STAG Industrial Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.1242 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.49 annualized dividend and a dividend yield of 4.33%. STAG Industrial’s payout ratio is currently 150.51%.

Analysts Set New Price Targets

STAG has been the subject of several recent research reports. Wells Fargo & Company lowered their price objective on shares of STAG Industrial from $41.00 to $38.00 and set an “equal weight” rating for the company in a research report on Monday, November 4th. Royal Bank of Canada dropped their price target on shares of STAG Industrial from $40.00 to $38.00 and set a “sector perform” rating on the stock in a research note on Monday, January 27th. Raymond James upped their price objective on shares of STAG Industrial from $39.00 to $40.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. Finally, Barclays dropped their target price on STAG Industrial from $40.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 28th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, STAG Industrial presently has a consensus rating of “Moderate Buy” and an average target price 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.