Somewhat Positive Press Coverage Somewhat Unlikely to Impact Stag Industrial (STAG) Stock Price

Media headlines about Stag Industrial (NYSE:STAG) have trended somewhat positive on Sunday, according to Accern Sentiment. Accern rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Stag Industrial earned a news impact score of 0.08 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 45.6802022846593 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

STAG has been the subject of a number of analyst reports. JPMorgan Chase & Co. cut shares of Stag Industrial from an “overweight” rating to a “neutral” rating and set a $27.00 price objective for the company. in a report on Friday, June 15th. UBS Group lifted their price objective on shares of Stag Industrial from $24.00 to $26.00 and gave the company a “neutral” rating in a report on Thursday, June 21st. One analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $28.83.

Stag Industrial stock opened at $28.25 on Friday. Stag Industrial has a fifty-two week low of $22.42 and a fifty-two week high of $29.07. The stock has a market cap of $2.95 billion, a P/E ratio of 16.72, a PEG ratio of 3.00 and a beta of 1.07. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.04 and a current ratio of 1.04.

Stag Industrial (NYSE:STAG) last released its quarterly earnings results on Tuesday, July 31st. The real estate investment trust reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.01. Stag Industrial had a net margin of 19.24% and a return on equity of 5.08%. The business had revenue of $85.47 million for the quarter, compared to analysts’ expectations of $84.32 million. research analysts anticipate that Stag Industrial will post 1.79 earnings per share for the current year.

The company also recently declared a monthly dividend, which will be paid on Monday, September 17th. Investors of record on Friday, August 31st will be issued a dividend of $0.1183 per share. This represents a $1.42 annualized dividend and a yield of 5.03%. The ex-dividend date is Thursday, August 30th. Stag Industrial’s dividend payout ratio (DPR) is presently 84.02%.

About Stag Industrial

STAG Industrial, Inc (the ?Company?) is an industrial real estate operating company focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. The Company was formed as a Maryland corporation and has elected to be treated and intends to continue to qualify as a real estate investment trust (?REIT?) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended.

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