During the last session, STAG Industrial Inc (NYSE:STAG)’s traded shares were 0.87 million, with the beta value of the company hitting 1.09. At the end of the trading day, the stock’s price was $36.87, reflecting an intraday loss of -1.10% or -$0.41. The 52-week high for the STAG share is $41.63, that puts it down -12.91 from that peak though still a striking 9.9% gain since the share price plummeted to a 52-week low of $33.22. The company’s market capitalization is $6.86B, and the average intraday trading volume over the past 10 days was 1.0 million shares, and the average trade volume was 928.93K shares over the past three months.
STAG Industrial Inc (STAG) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.25. STAG has a Sell rating from 0 analyst(s) out of 9 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.18.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
STAG Industrial Inc (NYSE:STAG) trade information
STAG Industrial Inc (STAG) registered a -1.10% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.10% in intraday trading to $36.87, hitting a weekly high. The stock’s 5-day price performance is -0.49%, and it has moved by -3.18% in 30 days. Based on these gigs, the overall price performance for the year is 8.31%. The short interest in STAG Industrial Inc (NYSE:STAG) is 6.88 million shares and it means that shorts have 7.24 day(s) to cover.
The consensus price target of analysts on Wall Street is $39, which implies an increase of 5.46% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $35.5 and $44 respectively. As a result, STAG is trading at a discount of -19.34% off the target high and 3.72% off the low.
STAG Industrial Inc (STAG) estimates and forecasts
Statistics show that STAG Industrial Inc has outperformed its competitors in share price, compared to the industry in which it operates. STAG Industrial Inc (STAG) shares have gone up 4.68% during the last six months, with a year-to-date growth rate more than the industry average at 3.93% against -3.20. In the rating firms’ projections, revenue will increase 7.60% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 192.95M as predicted by 6 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 199.62M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 182.59M and 187.4M respectively. In this case, analysts expect current quarter sales to grow by 5.70% and then jump by 6.50% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 6.10%. While earnings are projected to return 11.50% in 2024, the next five years will return 4.10% per annum.
STAG Dividends
STAG Industrial Inc is due to release its next quarterly earnings on 2025-Feb-11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for STAG Industrial Inc is 1.48, with the dividend yield indicating at 4.01 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 4.25%.
STAG Industrial Inc (NYSE:STAG)’s Major holders
STAG Industrial Inc insiders own 0.14% of total outstanding shares while institutional holders control 90.52%, with the float percentage being 90.65%. VANGUARD GROUP INC is the largest shareholder of the company, while 706.0 institutions own stock in it. As of 2024-06-30, the company held over 26.09 million shares (or 14.359% of all shares), a total value of $940.85 million in shares.
The next largest institutional holding, with 22.54 million shares, is of BLACKROCK INC.’s that is approximately 12.4037% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $812.74 million.
