Added to YB: 2025-05-05
Pitch date: 2025-05-01
STAG [neutral]
STAG Industrial, Inc.
+14.68%
current return
Author Info
Steve Wagner provides in-depth analysis of my favorite individual companies. Sign up for the newsletter.
Company Info
We are a REIT focused on the acquisition, ownership, and operation of industrial properties throughout the United States.
Market Cap
$6.2B
Pitch Price
$32.75
Price Target
36.00 (-4%)
Dividend
4.51%
EV/EBITDA
16.06
P/E
24.84
EV/Sales
11.81
Sector
Industrial REITs
Category
N/A
STAG Industrial Reports Solid Q1 2025 Results
STAG (earnings update): Q1 2025 strong w/ Core FFO +3% YoY to $0.61/share; Cash NOI +8.1% YoY. 95.9% occupancy, 85.3% retention. 27.3% rent spreads on 5M sqft leased. Balance sheet solid at 5.2x net debt/EBITDA. $43.3M acquisitions (6.8% cap rate), $67M sale (4.9% cap). Fair value at $35 (~14.6x FFO, ~4% div yield).
Read full article (8 min)