Shares of Stag Industrial Inc (NYSE:STAG) have been assigned an average recommendation of “Buy” from the ten ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $28.25.

STAG has been the subject of a number of research reports. TheStreet upgraded shares of Stag Industrial from a “c” rating to a “b-” rating in a report on Tuesday, November 14th. Ladenburg Thalmann Financial Services restated a “buy” rating on shares of Stag Industrial in a report on Friday, November 3rd. ValuEngine raised shares of Stag Industrial from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Jefferies Group reaffirmed a “buy” rating and issued 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 raised shares of Stag Industrial from a “sell” rating to a “neutral” rating and raised their price objective for the stock from $21.00 to $28.00 in a research note on Friday, September 8th.

Stag Industrial (STAG) opened at $28.00 on Monday. Stag Industrial has a 12 month low of $22.64 and a 12 month high of $28.95. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.62. The company has a market cap of $2,630.00, a P/E ratio of 16.77, a P/E/G ratio of 3.11 and a beta of 1.26.

Stag Industrial (NYSE:STAG) last posted its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.43 EPS for the quarter, beating the Zacks’ 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 business 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. The business’s revenue for the quarter was up 24.8% on a year-over-year basis. research analysts expect that Stag Industrial will post 1.68 EPS for the current fiscal year.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be paid a $0.1183 dividend. This represents a $1.42 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date is Tuesday, February 27th. Stag Industrial’s dividend payout ratio is 256.36%.

Hedge funds have recently added to or reduced their stakes in the business. San Francisco Sentry Investment Group CA purchased a new stake in Stag Industrial in the 2nd quarter worth approximately $117,000. Creative Planning raised its holdings in shares of Stag Industrial by 140.4% during the 2nd quarter. Creative Planning now owns 4,341 shares of the real estate investment trust’s stock valued at $120,000 after purchasing an additional 2,535 shares in the last quarter. Verition Fund Management LLC bought a new position in shares of Stag Industrial during the 2nd quarter valued at $200,000. Teacher Retirement System of Texas bought a new position in shares of Stag Industrial during the 3rd quarter valued at $200,000. Finally, Federated Investors Inc. PA bought a new position in shares of Stag Industrial during the 2nd quarter valued at $203,000. Institutional investors own 82.08% of the company’s stock.

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About Stag Industrial

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.

Analyst Recommendations for Stag Industrial (NYSE:STAG)

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