STAG Industrial(STAG)
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STAG Industrial(STAG) - 2024 Q3 - Quarterly Results
2024-10-29 20:07
STAG INDUSTRIAL ANNOUNCES THIRD QUARTER 2024 RESULTS Boston, MA — October 29, 2024 - STAG Industrial, Inc. (the "Company") (NYSE:STAG), today announced its financial and operating results for the quarter ended September 30, 2024. "STAG executed its business plan this quarter, bringing the Company another step closer to achieving its goals for 2024," said Bill Crooker, President and Chief Executive Officer of the Company. "Our internal growth, along with our acquisitions and developments, will position us to ...
STAG INDUSTRIAL ANNOUNCES THIRD QUARTER 2024 RESULTS
Prnewswire· 2024-10-29 20:06
BOSTON, Oct. 29, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG), today announced its financial and operating results for the quarter ended September 30, 2024."STAG executed its business plan this quarter, bringing the Company another step closer to achieving its goals for 2024," said Bill Crooker, President and Chief Executive Officer of the Company. "Our internal growth, along with our acquisitions and developments, will position us to deliver strong Core FFO growth."Third Quarter 2 ...
Stag (STAG) Upgraded to Buy: Here's Why
ZACKS· 2024-10-08 17:01
Stag Industrial (STAG) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The ...
STAG INDUSTRIAL TO REPORT THIRD QUARTER 2024 RESULTS OCTOBER 29, 2024
Prnewswire· 2024-10-01 20:06
BOSTON, Oct. 1, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that the Company will release its third quarter 2024 operating and financial results after market close on Tuesday, October 29, 2024. The Company will host its quarterly earnings conference call on Wednesday, October 30, 2024, at 10:00 a.m. Eastern Time. The call can be accessed live over the phone toll-free by dialing (877) 407-4018, or for international callers, (201) 689-8471. A replay will be available ...
STAG Industrial: Benefits Haven't Accrued To Investors
Seeking Alpha· 2024-09-23 20:38
We previously published an article on STAG Industrial, Inc. (NYSE: STAG ) on August 25 th , 2023. In the article, we justified our sell recommendation on the basis of the capitalization rate being below the I 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 foundations. Previous t ...
STAG INDUSTRIAL REFINANCES $1 BILLION UNSECURED CREDIT FACILITY
Prnewswire· 2024-09-10 20:06
BOSTON, Sept. 10, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that it refinanced its $1 billion senior unsecured revolving credit facility. The refinanced revolving credit facility matures on September 8, 2028, with two six-month extension options, subject to certain conditions and no changes to pricing. "This transaction was successful and resulted in extending our weighted average debt maturities," said Matts Pinard, Chief Financial Officer of the Company. "We ap ...
STAG Industrial Will Benefit Greatly From The Upcoming Market Shifts
Seeking Alpha· 2024-09-08 12:49
Adam Gault STAG Industrial (NYSE:STAG) is a triple net lease REIT focused on the industrial property sector. The sector has been facing some oversupply-related headwinds since mid-2022, which took its toll on industrial property players. As of Q2, 2024, the Company owned 114.1m sq. ft. across 573 buildings. STAG has substantially improved its portfolio quality over the last couple of years, as reflected in the metrics of acquired properties before and after 2016. % of CBRE Tier 1 | --- | --- | --- | --- | - ...
STAG Industrial Is A Standout Amongst Industrial REITs
Seeking Alpha· 2024-09-05 18:45
Richard Drury/DigitalVision via Getty Images Unique REITs are hard to come by. According to NAREIT, there are almost 1,000 listed REITs, 28 of which are constituents of the S&P 500. Each company is unique, differentiating themselves by asset class, strategy, risk profile, and other factors. However, these companies often diverge as market dynamics force obvious choices by certain market participants. For example, net lease is a major real estate subsector in and of itself. The sector has dozens of REITs foc ...
Considering the Lineage IPO? This Industrial REIT Is a Better Buy
The Motley Fool· 2024-08-31 07:18
The Lineage IPO was an exciting opportunity to buy a new-to-the-market cold storage REIT, but there's little else to recommend the industrial stock. If you're the kind of investor who pays attention to upcoming first-time debuts in the real estate sector, you've no doubt heard about the recent IPO for industrial cold-storage REIT Lineage (LINE 0.50%). Although it has a following that has bought its initial offering and is trading it currently, I have a lot of doubts about this particular REIT, as well as an ...
STAG Industrial: My Only Industrial REIT Position Remains A Buy After Q2
Seeking Alpha· 2024-08-06 05:02
OwenPrice STAG Industrial, Inc. (NYSE:STAG) has been my favorite and only industrial REIT pick since the publication of my original bull thesis in March, this year. The underlying thesis is rather simple: one of the lowest P/FFO multiples in the industrial REIT space in combination with robust cash flow growth prospects, which create favorable conditions for decent dividend hikes going forward. If we look at the total return performance so far, we will notice almost an exact correlation between STAG and the ...