Media stories about Stag Industrial (NYSE:STAG) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Stag Industrial earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 45.4595627443641 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- $80.37 Million in Sales Expected for Stag Industrial Inc (STAG) This Quarter (americanbankingnews.com)
- Zacks: Brokerages Expect Stag Industrial Inc (STAG) Will Post Earnings of $0.43 Per Share (americanbankingnews.com)
- STAG Industrial To Report Fourth Quarter 2017 Financial Results February 15, 2018 (finance.yahoo.com)
- STAG Industrial is Oversold (nasdaq.com)
- Stag Industrial Inc (STAG) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
A number of research analysts have recently issued reports on STAG shares. Ladenburg Thalmann Financial Services reiterated a “buy” rating on shares of Stag Industrial in a report on Friday, November 3rd. Jefferies Group reiterated a “buy” rating and issued a $32.00 price target on shares of Stag Industrial in a report on Tuesday, September 26th. JPMorgan Chase & Co. upgraded Stag Industrial from a “neutral” rating to an “overweight” rating and set a $30.00 price target on the stock in a report on Friday, December 15th. BidaskClub upgraded Stag Industrial from a “strong sell” rating to a “sell” rating in a report on Saturday, November 4th. Finally, TheStreet downgraded Stag Industrial from a “b-” rating to a “c+” rating in a report on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $28.50.
Stag Industrial (NYSE:STAG) last posted its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.01. The firm had revenue of $78.14 million during the quarter, compared to analysts’ expectations of $76.17 million. Stag Industrial had a return on equity of 5.72% and a net margin of 18.96%. The business’s quarterly revenue was up 24.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.40 EPS. research analysts expect that Stag Industrial will post 1.68 earnings per share for the current fiscal year.
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th will be given a $0.1183 dividend. The ex-dividend date is Tuesday, February 27th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 5.38%. Stag Industrial’s payout ratio is 256.36%.
Stag Industrial Company Profile
STAG Industrial, Inc is a real estate investment trust. The Company is focused on the acquisition, ownership, and operation of single-tenant, industrial properties across the United States. As of December 31, 2016, the Company owned 314 buildings in 37 states with approximately 60.9 million rentable square feet, consisting of 243 warehouse/distribution buildings, 54 light manufacturing buildings, 16 flex/office buildings, and one building in redevelopment.
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