RonFullHD Introduction and Investment Thesis A few months back, the market (in my opinion) overreacted to the headwinds that the industrial property sector was (and still is) facing, leaving STAG Industrial's (NYSE:STAG) P/FFO multiple detached from its long-term ability to generate cash flows within a highly attractive property sector. STAG is a triple-net lease REIT with 114.1 sq. ft. of industrial properties across 41 states. Since the last time I covered it, its stock price has increased by 16.3%, const ...

STAG Industrial, Inc. (NYSE:STAG) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Steve Xiarhos - Associate Capital Markets & Investor Relations Bill Crooker - CEO, President & Director Matts Pinard - EVP, CFO & Treasurer Conference Call Participants Craig Mailman - Citigroup Michael Carroll - RBC Capital Markets William Crow - Raymond James & Associates Nicholas Thillman - Robert W. Baird & Co. Vince Tibone - Green Street Advisors Eric Borden - BMO Capital Markets Samir Khan ...

Stag Industrial (STAG) reported $189.78 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 10.5%. EPS of $0.61 for the same period compares to $0.29 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $187.04 million, representing a surprise of +1.47%. The company delivered an EPS surprise of +3.39%, with the consensus EPS estimate being $0.59. While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

Stag Industrial (STAG) came out with quarterly funds from operations (FFO) of $0.61 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to FFO of $0.56 per share a year ago. These figures are adjusted for non-recurring items. Stag, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $189.78 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.47%. This compares to year-ago revenues of $171.69 million. The compan ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------|-------|------------|---------------------------------------------|-------|------------------------|-------|----------------------------------|-------|----------| | (unaudited, in \nRevenue | | thousands, | except Three months ended June 30, \n2024 | per | share data) \n2023 | | Six months ended June 30, \n2024 | | 2023 | | Rental income | $ | | 186,467 | $ | 171,439 | $ | 373, ...

1 Boston, MA — July 30, 2024 - STAG Industrial, Inc. (the "Company") (NYSE:STAG), today announced its financial and operating results for the quarter ended June 30, 2024. Second Quarter 2024 Highlights • Achieved $0.61 of Core FFO per diluted share for the second quarter of 2024, an increase of 8.9% compared to the second quarter of 2023 Core FFO per diluted share of $0.56. • Produced Same Store Cash NOI of $138.2 million for the second quarter of 2024, an increase of 6.1% compared to the second quarter of ...

Cash Available for Distribution should not be considered as an alternative to net income (determined in accordance with GAAP) as an indication of our performance, and we believe that to understand our performance further, these measurements should be compared with our reported net income or net loss in accordance with GAAP, as presented in our consolidated financial statements. Funds from Operations (FFO) and Core FFO: We define FFO in accordance with the standards established by the National Association of ...

Dividend Announcement - The Board of Directors of STAG Industrial, Inc maintained the monthly common stock dividend at $0 123333 per share for July, August, and September 2024 [1] - The record dates for the dividends are July 31, 2024, August 30, 2024, and September 30, 2024, with payment dates on August 15, 2024, September 16, 2024, and October 15, 2024, respectively [1] Company Overview - STAG Industrial, Inc is a real estate investment trust focused on acquiring, owning, and operating industrial properties across the United States [2] - As of March 31, 2024, the company's portfolio consists of 570 buildings in 41 states, totaling approximately 113 0 million rentable square feet [2] Additional Information - For more details, the company's website can be visited at www stagindustrial com [3]

Abdullah Durmaz STAG is a REIT that chiefly invests in single-tenant properties in the U.S. industrial market. The REIT's portfolio was comprised of 570 buildings as of the end of the March quarter which had an operating occupancy of 97.9%. The weighted-average lease term was 4.4 years and the majority of the portfolio (75%) is represented in CBRE Tier 1 markets. Tier 1 markets are highly established and growing markets, making real estate development and leasing especially attractive. STAG's focus on Tier ...

This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this stateme ...