Stag Industrial (STAG) Given Daily News Impact Score of 0.18
News headlines about Stag Industrial (NYSE:STAG) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern rates 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 -1 to 1, with scores nearest to one being the most favorable. Stag Industrial earned a news impact score of 0.18 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 45.8826954745523 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern’s analysis:
- STAG Industrial To Report Third Quarter 2017 Financial Results November 2, 2017 – PR Newswire (press release) (prnewswire.com)
- STAG Industrial: A Strong Buy Below $25 – Seeking Alpha (seekingalpha.com)
- STAG Industrial, Inc. breached its 50 day moving average in a Bearish Manner : STAG-US : September 29, 2017 (finance.yahoo.com)
- Consensus score reveals Buy position in Financial Stock: STAG Industrial, Inc. (STAG) – Street Observer (press release) (streetobserver.com)
Shares of Stag Industrial (NYSE:STAG) opened at 27.84 on Thursday. The firm’s 50-day moving average price is $27.95 and its 200 day moving average price is $27.05. The firm has a market cap of $2.57 billion, a PE ratio of 103.88 and a beta of 1.19. Stag Industrial has a 52 week low of $21.21 and a 52 week high of $28.95.
Stag Industrial (NYSE:STAG) last released its earnings results on Tuesday, August 1st. The real estate investment trust reported $0.41 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.41. Stag Industrial had a return on equity of 3.97% and a net margin of 12.22%. The business had revenue of $72.20 million for the quarter, compared to the consensus estimate of $71.44 million. During the same period last year, the business earned $0.38 earnings per share. The firm’s revenue for the quarter was up 19.9% compared to the same quarter last year. Equities analysts anticipate that Stag Industrial will post ($0.01) EPS for the current year.
The company also recently announced a monthly dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 30th will be given a dividend of $0.1175 per share. This represents a $1.41 dividend on an annualized basis and a yield of 5.06%. The ex-dividend date of this dividend is Wednesday, November 29th. Stag Industrial’s dividend payout ratio (DPR) is presently 503.57%.
Several equities analysts recently commented on STAG shares. ValuEngine upgraded Stag Industrial from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Jefferies Group LLC reissued a “buy” rating and set a $32.00 price target (up previously from $31.00) on shares of Stag Industrial in a research report on Tuesday, August 22nd. Ladenburg Thalmann Financial Services reissued a “buy” rating on shares of Stag Industrial in a research report on Wednesday, August 2nd. BidaskClub downgraded Stag Industrial from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 20th. Finally, UBS AG raised Stag Industrial from a “sell” rating to a “neutral” rating and boosted their price target for the company from $21.00 to $28.00 in a research report on Friday, September 8th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Stag Industrial currently has a consensus rating of “Buy” and an average target price of $27.64.
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In related news, EVP Peter S. Fearey sold 1,033 shares of Stag Industrial stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $28.71, for a total transaction of $29,657.43. Following the sale, the executive vice president now directly owns 2,506 shares of the company’s stock, valued at $71,947.26. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 2.00% of the stock is owned by company insiders.
About Stag Industrial
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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