Press coverage about Stag Industrial (NYSE:STAG) has trended somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Stag Industrial earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.5478160410535 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Zacks: Analysts Expect Stag Industrial Inc (STAG) Will Post Quarterly Sales of $83.62 Million (americanbankingnews.com)
- Short Interest in Stag Industrial Inc (STAG) Increases By 43.3% (americanbankingnews.com)
- $0.44 EPS Expected for Stag Industrial Inc (STAG) This Quarter (americanbankingnews.com)
- STAG Industrial Appoints Michelle Dilley to Board of Directors – PR Newswire (press release) (prnewswire.com)
Shares of Stag Industrial (NYSE STAG) opened at $23.83 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.13 and a quick ratio of 0.13. Stag Industrial has a 1 year low of $22.42 and a 1 year high of $28.95. The company has a market cap of $2,304.46, a PE ratio of 108.32, a price-to-earnings-growth ratio of 2.80 and a beta of 1.14.
Stag Industrial (NYSE:STAG) last issued its quarterly earnings results on Thursday, February 15th. The real estate investment trust reported $0.44 EPS for the quarter, topping the consensus estimate of $0.02 by $0.42. Stag Industrial had a net margin of 10.38% and a return on equity of 2.92%. The firm had revenue of $81.30 million for the quarter, compared to analysts’ expectations of $79.83 million. During the same period in the previous year, the business earned $0.42 earnings per share. Stag Industrial’s revenue for the quarter was up 22.3% compared to the same quarter last year. equities analysts anticipate that Stag Industrial will post 1.82 EPS for the current year.
STAG has been the topic of a number of recent analyst reports. ValuEngine upgraded shares of Stag Industrial from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. Ladenburg Thalmann Financial Services restated a “buy” rating and set a $32.00 price objective on shares of Stag Industrial in a research note on Friday, February 16th. JPMorgan Chase & Co. upgraded shares of Stag Industrial from a “neutral” rating to an “overweight” rating and set a $30.00 price objective on the stock in a research note on Friday, December 15th. Cantor Fitzgerald set a $29.00 price objective on shares of Stag Industrial and gave the company a “hold” rating in a research note on Thursday, February 15th. Finally, DA Davidson restated a “neutral” rating on shares of Stag Industrial in a research note on Friday, February 16th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $29.69.
In other Stag Industrial news, CEO Benjamin S. Butcher sold 68,180 shares of the business’s stock in a transaction dated Friday, January 5th. The shares were sold at an average price of $26.41, for a total value of $1,800,633.80. Following the sale, the chief executive officer now directly owns 140,268 shares in the company, valued at $3,704,477.88. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO William R. Crooker sold 31,889 shares of the business’s stock in a transaction dated Friday, January 5th. The stock was sold at an average price of $26.41, for a total transaction of $842,188.49. Following the completion of the sale, the chief financial officer now owns 46,493 shares in the company, valued at $1,227,880.13. The disclosure for this sale can be found here. Over the last quarter, insiders sold 165,069 shares of company stock worth $4,359,472. 2.00% of the stock is owned by company insiders.
COPYRIGHT VIOLATION WARNING: This news story was first published by The Lincolnian Online and is the property of of The Lincolnian Online. If you are viewing this news story on another publication, it was stolen and reposted in violation of United States & international copyright and trademark law. The legal version of this news story can be accessed at https://www.thelincolnianonline.com/2018/03/18/stag-industrial-stag-receiving-somewhat-favorable-press-coverage-analysis-finds.html.
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.
Receive News & Ratings for Stag Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stag Industrial and related companies with MarketBeat.com's FREE daily email newsletter.