STAG IndustrialSTAG
About: Stag Industrial Inc is a real estate investment trust that is involved in the acquisition and operation of both single- and multi-tenant properties, although the majority of the portfolio is single-tenant industrial properties throughout the United States. The vast majority of the company's real estate portfolio is comprised of warehouse and distribution buildings. Stag Industrial derives nearly all of its income in the form of rental income from its portfolio of warehouse and distribution properties. The company generates most of its rental revenue from its facilities located in Midwestern and Eastern U.S. cities. Stag Industrial's customers include air freight and logistics, automotive, and industrial equipment companies in terms of overall revenue.
Employees: 95
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 3 (+2) [Q2]
116% more call options, than puts
Call options by funds: $5.07M | Put options by funds: $2.35M
44% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 48
4% more funds holding
Funds holding: 495 [Q1] → 516 (+21) [Q2]
1.32% less ownership
Funds ownership: 88.96% [Q1] → 87.64% (-1.32%) [Q2]
7% less capital invested
Capital invested by funds: $6.21B [Q1] → $5.75B (-$460M) [Q2]
15% less repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 198
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Evercore ISI Group Steve Sakwa 58% 1-year accuracy 25 / 43 met price target | 17%upside $44 | Outperform Maintained | 28 Aug 2024 |
Wells Fargo Blaine Heck 50% 1-year accuracy 4 / 8 met price target | 9%upside $41 | Equal-Weight Maintained | 28 Aug 2024 |
Barclays Brendan Lynch 71% 1-year accuracy 17 / 24 met price target | 11%upside $42 | Equal-Weight Maintained | 14 Aug 2024 |
Wedbush Richard Anderson 93% 1-year accuracy 25 / 27 met price target | 19%upside $45 | Outperform Maintained | 5 Aug 2024 |
Wedbush Richard Anderson 93% 1-year accuracy 25 / 27 met price target | 17%upside $44 | Outperform Upgraded | 22 Jul 2024 |
Financial journalist opinion
Based on 10 articles about STAG published over the past 30 days