Stag Industrial (STAG) Earns News Impact Score of 0.18

Press coverage about Stag Industrial (NYSE:STAG) has trended somewhat positive this week, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Stag Industrial earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 46.4971002004486 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

Stag Industrial (NYSE STAG) traded up $0.45 during mid-day trading on Tuesday, hitting $28.82. 568,881 shares of the company were exchanged, compared to its average volume of 696,640. Stag Industrial has a 1 year low of $22.64 and a 1 year high of $28.95. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.09 and a current ratio of 0.09. The stock has a market capitalization of $2,670.00, a price-to-earnings ratio of 16.91, a PEG ratio of 3.12 and a beta of 1.25.

Stag Industrial (NYSE:STAG) last posted its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. The firm had revenue of $78.14 million during the quarter, compared to analyst estimates of $76.17 million. Stag Industrial had a net margin of 18.96% and a return on equity of 5.72%. Stag Industrial’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period last year, the firm posted $0.40 earnings per share. research analysts anticipate that Stag Industrial will post 1.69 EPS for the current fiscal year.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th will be paid a dividend of $0.1183 per share. This represents a $1.42 annualized dividend and a yield of 4.93%. The ex-dividend date is Tuesday, February 27th. Stag Industrial’s payout ratio is 256.36%.

STAG has been the subject of a number of recent research reports. ValuEngine raised shares of Stag Industrial from a “hold” rating to a “buy” rating in a report on Friday, September 1st. UBS AG raised shares of Stag Industrial from a “sell” rating to a “neutral” rating and raised their target price for the company from $21.00 to $28.00 in a report on Friday, September 8th. BidaskClub raised shares of Stag Industrial from a “strong sell” rating to a “sell” rating in a report on Saturday, November 4th. Ladenburg Thalmann Financial Services reissued a “buy” rating on shares of Stag Industrial in a report on Friday, November 3rd. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $32.00 target price (up from $31.00) on shares of Stag Industrial in a report on Tuesday, August 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $28.25.

TRADEMARK VIOLATION WARNING: This story was posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this story on another site, it was illegally copied and reposted in violation of international copyright laws. The original version of this story can be viewed at https://sportsperspectives.com/2017/11/21/stag-industrial-stag-earns-news-impact-score-of-0-18.html.

In other Stag Industrial news, EVP Peter S. Fearey sold 1,033 shares of Stag Industrial stock in a transaction on Friday, September 8th. The shares were sold at an average price of $28.71, for a total transaction of $29,657.43. Following the completion of the transaction, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. 2.00% of the stock is owned by 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.

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

Receive News & Ratings for Stag Industrial Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stag Industrial Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply