Somewhat Favorable News Coverage Somewhat Unlikely to Affect STAG Industrial (STAG) Share Price

News coverage about STAG Industrial (NYSE:STAG) has been trending somewhat positive on Friday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. STAG Industrial earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 45.8869451892096 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news stories that may have impacted Accern Sentiment’s analysis:

Several equities analysts recently commented on the stock. Zacks Investment Research downgraded shares of STAG Industrial from a “hold” rating to a “sell” rating in a report on Thursday. JPMorgan Chase cut their price target on shares of STAG Industrial from $30.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, March 19th. Ladenburg Thalmann reiterated a “buy” rating and set a $32.00 price target on shares of STAG Industrial in a report on Friday, February 16th. DA Davidson reiterated a “neutral” rating on shares of STAG Industrial in a report on Friday, February 16th. Finally, ValuEngine upgraded shares of STAG Industrial from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the stock. STAG Industrial currently has an average rating of “Hold” and an average price target of $29.19.

STAG Industrial stock opened at $23.97 on Friday. The stock has a market capitalization of $2,318.08, a price-to-earnings ratio of 14.18, a P/E/G ratio of 2.86 and a beta of 1.09. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.13 and a quick ratio of 0.13. STAG Industrial has a 1 year low of $22.42 and a 1 year high of $28.95.

STAG Industrial (NYSE:STAG) last released its quarterly earnings data on Thursday, February 15th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.42. The company had revenue of $81.30 million during the quarter, compared to analysts’ expectations of $79.83 million. STAG Industrial had a net margin of 10.38% and a return on equity of 2.92%. The firm’s quarterly revenue was up 22.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.42 EPS. research analysts expect that STAG Industrial will post 1.8 earnings per share for the current fiscal year.

The business also recently disclosed a monthly dividend, which will be paid on Monday, July 16th. Shareholders of record on Friday, June 29th will be given a $0.1183 dividend. The ex-dividend date of this dividend is Thursday, June 28th. This represents a $1.42 annualized dividend and a yield of 5.92%. STAG Industrial’s dividend payout ratio (DPR) is 84.02%.

STAG Industrial Company Profile

STAG Industrial, Inc is an industrial real estate operating company focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. As of December 31, 2017, the Company owned 356 buildings in 37 states with approximately 70.2 million rentable square feet (square feet unaudited herein and throughout the Notes), consisting of 288 warehouse/distribution buildings, 52 light manufacturing buildings, 14 flex/office buildings, and two buildings classified as held for sale.

Insider Buying and Selling by Quarter for STAG Industrial (NYSE:STAG)

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