Stag Industrial (NYSE:STAG) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, February 14th. Analysts expect Stag Industrial to post earnings of $0.02 per share for the quarter.
Shares of Stag Industrial (NYSE STAG) opened at $23.73 on Wednesday. The firm has a market capitalization of $2,230.00, a P/E ratio of 43.15, a PEG ratio of 2.61 and a beta of 1.09. Stag Industrial has a 1 year low of $23.09 and a 1 year high of $28.95. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.09 and a quick ratio of 0.09.
A number of equities research analysts have recently weighed in on the company. Ladenburg Thalmann Financial Services reiterated a “buy” rating on shares of Stag Industrial in a research report on Friday, November 3rd. BidaskClub upgraded Stag Industrial from a “strong sell” rating to a “sell” rating in a research report on Saturday, November 4th. TheStreet upgraded Stag Industrial from a “c” rating to a “b-” rating in a research report on Tuesday, November 14th. JPMorgan Chase & Co. upgraded Stag Industrial from a “neutral” rating to an “overweight” rating and set a $30.00 price objective on the stock in a research report on Friday, December 15th. Finally, Zacks Investment Research lowered Stag Industrial from a “hold” rating to a “sell” rating in a research report on Thursday, January 25th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $28.50.
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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.
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