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 ...

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 ...

Stag Industrial should be able to continue growing its monthly income stream. Stag Industrial (STAG -1.64%) churns out dividend income like clockwork. The real estate investment trust (REIT) pays a high-yielding monthly dividend. At 3.5%, it's more than double that of the S&P 500. Adding to its appeal, Stag Industrial has increased its dividend every year since it went public in 2011. Slow and steady has been the name of the game for this industrial REIT over the years. But it has shifted into a higher gear ...

RonFullHD Introduction and Investment Thesis A few months back, the market (in my opinion) overreacted to the headwinds that the industrial property sector was (and still is) facing, leaving STAG Industrial's (NYSE:STAG) P/FFO multiple detached from its long-term ability to generate cash flows within a highly attractive property sector. STAG is a triple-net lease REIT with 114.1 sq. ft. of industrial properties across 41 states. Since the last time I covered it, its stock price has increased by 16.3%, const ...

STAG Industrial, Inc. (NYSE:STAG) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Steve Xiarhos - Associate Capital Markets & Investor Relations Bill Crooker - CEO, President & Director Matts Pinard - EVP, CFO & Treasurer Conference Call Participants Craig Mailman - Citigroup Michael Carroll - RBC Capital Markets William Crow - Raymond James & Associates Nicholas Thillman - Robert W. Baird & Co. Vince Tibone - Green Street Advisors Eric Borden - BMO Capital Markets Samir Khan ...

Stag Industrial (STAG) reported $189.78 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 10.5%. EPS of $0.61 for the same period compares to $0.29 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $187.04 million, representing a surprise of +1.47%. The company delivered an EPS surprise of +3.39%, with the consensus EPS estimate being $0.59. While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

Stag Industrial (STAG) came out with quarterly funds from operations (FFO) of $0.61 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to FFO of $0.56 per share a year ago. These figures are adjusted for non-recurring items. Stag, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $189.78 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.47%. This compares to year-ago revenues of $171.69 million. The compan ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------|-------|------------|---------------------------------------------|-------|------------------------|-------|----------------------------------|-------|----------| | (unaudited, in \nRevenue | | thousands, | except Three months ended June 30, \n2024 | per | share data) \n2023 | | Six months ended June 30, \n2024 | | 2023 | | Rental income | $ | | 186,467 | $ | 171,439 | $ | 373, ...

1 Boston, MA — July 30, 2024 - STAG Industrial, Inc. (the "Company") (NYSE:STAG), today announced its financial and operating results for the quarter ended June 30, 2024. Second Quarter 2024 Highlights • Achieved $0.61 of Core FFO per diluted share for the second quarter of 2024, an increase of 8.9% compared to the second quarter of 2023 Core FFO per diluted share of $0.56. • Produced Same Store Cash NOI of $138.2 million for the second quarter of 2024, an increase of 6.1% compared to the second quarter of ...

Cash Available for Distribution should not be considered as an alternative to net income (determined in accordance with GAAP) as an indication of our performance, and we believe that to understand our performance further, these measurements should be compared with our reported net income or net loss in accordance with GAAP, as presented in our consolidated financial statements. Funds from Operations (FFO) and Core FFO: We define FFO in accordance with the standards established by the National Association of ...