Stag Industrial, Inc. (NYSE:STAG) announced its quarterly earnings data on Thursday. The company reported $0.42 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.05) by $0.47. The firm had revenue of $66.50 million for the quarter, compared to analyst estimates of $55.68 million. Stag Industrial had a negative return on equity of 2.54% and a negative net margin of 7.25%. The business’s quarterly revenue was up 13.1% compared to the same quarter last year. During the same period last year, the company earned $0.40 EPS.

Stag Industrial (NYSE:STAG) traded up 0.75% on Thursday, hitting $24.07. The stock had a trading volume of 454,349 shares. Stag Industrial has a 12-month low of $15.79 and a 12-month high of $25.51. The company’s market capitalization is $1.82 billion. The company has a 50 day moving average of $23.83 and a 200 day moving average of $23.67.

Earnings History for Stag Industrial (NYSE:STAG)

The business also recently declared a monthly dividend, which will be paid on Monday, April 17th. Stockholders of record on Friday, March 31st will be given a $0.1167 dividend. The ex-dividend date of this dividend is Wednesday, March 29th. This represents a $1.40 annualized dividend and a dividend yield of 5.82%. Stag Industrial’s dividend payout ratio is currently -304.35%.

A number of research analysts have commented on STAG shares. Zacks Investment Research lowered Stag Industrial from a “buy” rating to a “hold” rating in a research report on Friday, December 9th. Jefferies Group LLC upgraded Stag Industrial from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a research report on Thursday, December 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $24.65.

This piece of content was first reported by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another publication, it was copied illegally and reposted in violation of US & international trademark and copyright law. The correct version of this piece of content can be viewed at

Stag Industrial Company Profile

STAG Industrial, Inc is a real estate investment trust. The Company focuses on the acquisition and operation of single-tenant industrial properties across the United States. The Company owns approximately 290 buildings in over 40 states with approximately 54.7 million rentable square feet, consisting of over 220 warehouse/distribution buildings, approximately 50 light manufacturing buildings and over 20 flex/office buildings.

5 Day Chart for NYSE:STAG

Receive News & Ratings for Stag Industrial Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stag Industrial Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.