News articles about Stag Industrial (NYSE:STAG) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Stag Industrial earned a news impact score of 0.18 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 46.5645477664553 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Stag Industrial, Inc. (STAG) Upgraded to “B-” by TheStreet (americanbankingnews.com)
- Analysts Expect Stag Industrial, Inc. (STAG) Will Post Quarterly Sales of $79.82 Million (americanbankingnews.com)
- Analysts Expect Stag Industrial, Inc. (STAG) Will Announce Earnings of $0.44 Per Share (americanbankingnews.com)
- Financial Survey: Stag Industrial (STAG) and Its Competitors (americanbankingnews.com)
- Boston-based REIT buys home of Stauffer’s Biscuit Co. for $19M (cpbj.com)
Stag Industrial (NYSE:STAG) traded up $0.22 on Thursday, reaching $28.30. 554,732 shares of the company traded hands, compared to its average volume of 698,398. Stag Industrial has a 52-week low of $22.35 and a 52-week high of $28.95. The firm has a market capitalization of $2,660.00, a price-to-earnings ratio of 16.95, a price-to-earnings-growth ratio of 3.12 and a beta of 1.25. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.62.
Stag Industrial (NYSE:STAG) last announced its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.43 EPS for the quarter, beating the consensus estimate of $0.42 by $0.01. Stag Industrial had a net margin of 18.96% and a return on equity of 5.72%. The company had revenue of $78.14 million for the quarter, compared to analyst estimates of $76.17 million. During the same quarter last year, the business earned $0.40 earnings per share. Stag Industrial’s revenue was up 24.8% compared to the same quarter last year. equities analysts anticipate that Stag Industrial will post 1.69 EPS for the current year.
The company also recently declared a monthly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th will be paid a $0.1183 dividend. The ex-dividend date is Tuesday, February 27th. This represents a $1.42 annualized dividend and a dividend yield of 5.02%. Stag Industrial’s payout ratio is currently 256.36%.
Several equities analysts have recently commented on STAG shares. TheStreet raised shares of Stag Industrial from a “c” rating to a “b-” rating in a research report on Tuesday. Ladenburg Thalmann Financial Services reiterated a “buy” rating on shares of Stag Industrial in a research note on Friday, November 3rd. ValuEngine upgraded shares of Stag Industrial from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Jefferies Group LLC reiterated a “buy” rating and set a $32.00 price objective (up previously from $31.00) on shares of Stag Industrial in a research note on Tuesday, August 22nd. Finally, UBS AG upgraded shares of Stag Industrial from a “sell” rating to a “neutral” rating and increased their price objective for the stock from $21.00 to $28.00 in a research note on Friday, September 8th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $28.25.
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In other Stag Industrial news, EVP Peter S. Fearey sold 1,033 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $28.71, for a total value of $29,657.43. Following the sale, the executive vice president now owns 2,506 shares in the company, valued at $71,947.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.00% of the stock is currently owned by company insiders.
Stag Industrial Company Profile
STAG Industrial, Inc is a real estate investment trust. The Company is focused on the acquisition, ownership, and operation of single-tenant, industrial properties across the United States. As of December 31, 2016, the Company owned 314 buildings in 37 states with approximately 60.9 million rentable square feet, consisting of 243 warehouse/distribution buildings, 54 light manufacturing buildings, 16 flex/office buildings, and one building in redevelopment.
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