News coverage about Stag Industrial (NYSE:STAG) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources. 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 media sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 46.7064331798469 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Stag Industrial (NYSE STAG) traded up $0.15 during trading on Wednesday, hitting $28.02. The company’s stock had a trading volume of 426,251 shares, compared to its average volume of 688,488. The company has a market cap of $2,625.84, a P/E ratio of 16.71, a P/E/G ratio of 3.08 and a beta of 1.25. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.62. Stag Industrial has a 1-year low of $22.64 and a 1-year high of $28.95.
Stag Industrial (NYSE:STAG) last announced its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.01. The company had revenue of $78.14 million during the quarter, compared to the consensus estimate of $76.17 million. Stag Industrial had a return on equity of 5.72% and a net margin of 18.96%. The firm’s revenue was up 24.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.40 EPS. equities research analysts forecast that Stag Industrial will post 1.68 EPS for the current fiscal year.
A number of research firms have issued reports on STAG. BidaskClub downgraded Stag Industrial from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 25th. TheStreet upgraded Stag Industrial from a “c” rating to a “b-” rating in a research note on Tuesday, November 14th. Jefferies Group restated a “buy” rating and set a $32.00 price target (up from $31.00) on shares of Stag Industrial in a research note on Tuesday, August 22nd. UBS upgraded 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 note on Friday, September 8th. Finally, Ladenburg Thalmann Financial Services restated a “buy” rating on shares of Stag Industrial in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. Stag Industrial has a consensus rating of “Buy” and an average target price of $28.25.
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Stag Industrial Company Profile
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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