STAG Industrial (STAG) Scheduled to Post Quarterly Earnings on Tuesday

STAG Industrial (NYSE:STAG) will be releasing its earnings data after the market closes on Tuesday, April 30th. Analysts expect STAG Industrial to post earnings of $0.58 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

STAG Industrial Trading Down 0.2 %

NYSE:STAG opened at $34.48 on Monday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.76. The company’s 50 day moving average is $37.20 and its 200-day moving average is $36.83. The firm has a market cap of $6.27 billion, a price-to-earnings ratio of 31.93, a P/E/G ratio of 4.87 and a beta of 1.02. STAG Industrial has a 12 month low of $31.69 and a 12 month high of $39.61.

STAG Industrial Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be paid a $0.1233 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 4.29%. The ex-dividend date is Friday, June 28th. STAG Industrial’s dividend payout ratio is 137.04%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Robert W. Baird reiterated a “neutral” rating and issued a $41.00 price target (up from $38.00) on shares of STAG Industrial in a research report on Friday, January 5th. Barclays assumed coverage on shares of STAG Industrial in a research report on Wednesday, March 27th. They issued an “equal weight” rating and a $40.00 price target on the stock. Royal Bank of Canada increased their price target on shares of STAG Industrial from $39.00 to $40.00 and gave the company a “sector perform” rating in a research report on Friday, February 16th. Finally, BMO Capital Markets restated an “outperform” rating and set a $42.00 target price (up from $41.00) on shares of STAG Industrial in a report on Monday, April 8th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $39.13.

About STAG Industrial

We are a REIT focused on the acquisition, ownership, and operation of industrial properties throughout the United States. Our platform is designed to (i) identify properties for acquisition that offer relative value across CBRE-EA Tier 1 industrial real estate markets, industries, and tenants through the principled application of our proprietary risk assessment model, (ii) provide growth through sophisticated industrial operation and an attractive opportunity set, and (iii) capitalize our business appropriately given the characteristics of our assets.