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STAG Industrial: Bottom-Fishing For A 5% Yield
Seeking Alpha· 2025-04-20 13:34
Core Insights - STAG Industrial Inc. is identified as a promising industrial-focused real estate investment trust (REIT) with a solid dividend yield of 5% paid monthly and a dividend payout ratio of approximately 61% [1] Financial Performance - The company has growing core funds from operations, indicating a positive trend in its financial health and operational efficiency [1] Investment Appeal - The combination of a strong dividend yield and a reasonable payout ratio makes STAG Industrial an attractive option for income-focused investors [1]
STAG INDUSTRIAL TO ISSUE $550 MILLION OF SENIOR UNSECURED NOTES
Prnewswire· 2025-04-15 20:06
BOSTON, April 15, 2025 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that it entered into a note purchase agreement to issue $550 million of fixed rate senior unsecured notes in a private placement offering with a weighted average fixed interest rate of 5.65% and a weighted average tenor of 6.5 years. The transaction consists of $350 million of 5.50% notes with a five-year term maturing on June 25, 2030; $100 million of 5.82% notes with an eight-year term maturing on June ...
STAG Industrial: Another REIT Dip I'm Not Buying Yet
Seeking Alpha· 2025-04-13 17:14
Group 1 - The article suggests that not all stocks are equally affected by tariff wars, using STAG Industrial REIT (STAG) as an example to challenge the notion that tariffs are the sole influence on stock performance [1] - The author emphasizes the importance of understanding market narratives and teaches subscribers how to interpret these stories for investment decisions [1] Group 2 - The article does not provide any specific financial data or performance metrics related to STAG Industrial REIT or other companies [2][3]
Stag (STAG) Soars 6.9%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-10 15:30
Stag Industrial (STAG) shares rallied 6.9% in the last trading session to close at $32.15. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 17.3% loss over the past four weeks.The increased investor optimism in the stock can be attributed to President Donald Trump’s recent announcement to put a 90-day pause on the reciprocal tariff for most countries.This industrial real estate investment trust is expected to ...
INDUSTRIAL REITS STANDARDIZE KEY PROPERTY METRICS
Prnewswire· 2025-04-01 20:30
While minor differences may remain in calculation methods or terminology, the shared goal is to enhance consistency and comparability across the sector. About STAG Industrial, Inc. STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, ownership, and operation of industrial properties throughout the United States. As of December 31, 2024, the Company's portfolio consists of 591 buildings in 41 states with approximately 116.6 million rentable square feet. For additional informati ...
STAG INDUSTRIAL TO REPORT FIRST QUARTER 2025 RESULTS APRIL 29, 2025
Prnewswire· 2025-04-01 20:06
BOSTON, April 1, 2025 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that the Company will release its first quarter 2025 operating and financial results after market close on Tuesday, April 29, 2025. The Company will host its quarterly earnings conference call on Wednesday, April 30, 2025, at 10:00 a.m. Eastern Time. STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, ownership, and operation of industrial properties throughout the United S ...
STAG Industrial: Strong Fundamentals Have Resulted In Outperformance
Seeking Alpha· 2025-03-29 06:38
Core Insights - The article emphasizes the importance of a hybrid investment strategy that combines classic dividend growth stocks with Business Development Companies, REITs, and Closed End Funds to enhance investment income while achieving total returns comparable to traditional index funds [1]. Group 1: Investment Strategy - The company advocates for a diversified approach to investing, focusing on high-quality dividend stocks and assets that provide long-term growth potential [1]. - A hybrid system is proposed, which balances growth and income, allowing investors to capture total returns on par with the S&P 500 [1].
STAG INDUSTRIAL SIGNS NEW LEASE AT WELLFORD, SC DEVELOPMENT TOTALING 102,060 SQUARE FEET
Prnewswire· 2025-03-10 20:06
BOSTON, March 10, 2025 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) announced today that it signed a new lease totaling 102,060 square feet of warehouse and distribution space at its development project at 452 Casual Drive in Wellford, SC. The 30-month lease to a wholesale apparel and promotional product distributor commences April 1, 2025, and includes 3.5% annual rent escalations. This asset, which STAG substantially completed in June 2024, is now 69% leased, bringing our completed de ...
STAG Industrial: 6 Reasons The Stock Is Probably Not Going Anywhere
Seeking Alpha· 2025-03-10 16:10
We previously covered STAG Industrial, Inc. (NYSE: STAG ) in September 2024 and issued a hold recommendation on the basis that shareholders have not benefitted from their acquisition strategy. In this article, we furtherI am a CFA charterholder and a CIPM certificant. Professionally, I assist firms comply with the Global Investment Performance Standards (GIPS). The GIPS Standards has to do with how investment performance is calculated and presented by asset managers, pension funds, endowments and foundation ...
STAG Industrial(STAG) - 2024 Q4 - Earnings Call Transcript
2025-02-13 18:40
Financial Data and Key Metrics Changes - Core FFO per share for Q4 was $0.61, representing a 4.8% increase compared to 2023 [21] - Cash available for distribution totaled $370 million in 2024, with approximately $95 million of free cash flow retained after dividends [21] - Same-store cash NOI grew 4.4% for the quarter and achieved record same-store cash NOI growth of 5.8% for the year [22] Business Line Data and Key Metrics Changes - Leasing activity has reaccelerated, with 23 leases totaling 2.4 million square feet commenced during the quarter, generating cash and straight-line leasing spreads of 19.4% and 34.9%, respectively [22] - The company has already leased 70% of the operating portfolio square feet expected for 2025, achieving cash leasing spreads of 23.8% [11][22] Market Data and Key Metrics Changes - The national industrial leasing demand in 2024 was muted compared to recent years, but many markets remain healthy with increased tenant demand [8][9] - The strongest market rent growth was observed in non-coastal and manufacturing markets [10] Company Strategy and Development Direction - The company anticipates the acquisition market will gain momentum as the year progresses, with acquisition volume guidance ranging from $350 million to $650 million [26] - A joint venture development partnership was entered to construct approximately 400,000 square feet across two buildings in the Charlotte market, with an expected stabilized yield of 7% [19] Management's Comments on Operating Environment and Future Outlook - Management noted that the supply pipeline continues to contract, with deliveries down over 30%, and this trend is expected to continue in 2025 [8] - There is uncertainty regarding tariffs, with tenants expressing that it is too early to determine the impact on their operations [47][48] Other Important Information - The company sold two buildings for aggregate proceeds of $29 million during the quarter, with one building sold in January for $67 million [16][17] - Approximately 2.5 million square feet of development activity is ongoing across 11 buildings in the U.S., with 50% of the space under construction already leased [18] Q&A Session Summary Question: Leasing and spreads for Q4 were lower, what is the outlook for 2025? - Management indicated that Q4 leasing spreads were affected by fixed-rate renewal options, and excluding those, spreads would have been 34%. They expect 2025 spreads to be around 24-25% [32][33] Question: Can you discuss the yields in the development portfolio? - Management expects mid-sixes for stabilization on the Tampa assets and noted that leasing activity in Spartanburg is increasing [36][38] Question: What are the trends in the private transaction market? - Management observed a pause in the private market but expects an uptick in transaction activity as the year progresses [52][55] Question: How is the company planning for development starts in 2025? - Management is optimistic about development starts and is looking for additional opportunities in strong markets [76][77] Question: How does the 70% of renewals completed compare historically? - Management stated that the 70% completion rate is consistent with previous years, indicating no significant change in strategy [80][81]