STAG Industrial (STAG) Set to Announce Quarterly Earnings on Monday
STAG Industrial (NASDAQ:STAG) is scheduled to announce its Q114 earnings results on Monday, May 5th. Analysts expect the company to announce earnings of $0.37 per share and revenue of $38.58 million for the quarter.
STAG Industrial (NASDAQ:STAG) last announced its earnings results on Wednesday, February 12th. The company reported $0.37 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.02. The company had revenue of $37.40 million for the quarter, compared to the consensus estimate of $35.84 million. During the same quarter last year, the company posted $0.34 earnings per share. STAG Industrial’s revenue was up 39.2% compared to the same quarter last year. On average, analysts expect STAG Industrial to post $1.51 EPS for the current fiscal year and $1.65 EPS for the next fiscal year.
STAG Industrial (NASDAQ:STAG) opened at 23.44 on Friday. STAG Industrial has a 1-year low of $18.76 and a 1-year high of $25.19. The stock has a 50-day moving average of $23.68 and a 200-day moving average of $22.05. The company’s market cap is $1.057 billion.
On a related note, analysts at RBC Capital raised their price target on shares of STAG Industrial from $24.00 to $27.00 in a research note on Tuesday, February 18th. Six investment analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and a consensus price target of $25.00.
STAG Industrial, Inc is an integrated, full-service real estate company focused on the acquisition, ownership and management of single-tenant industrial properties throughout the United States.
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