STAG Stock Summary and Trading Ideas (Stag Industrial | NYSE:STAG)

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.

Stag Industrial trades on the NYSE stock market under the symbol STAG.

As of September 27, 2024, STAG stock price climbed to $39.24 with 866,458 million shares trading.

STAG has a beta of 0.83, meaning it tends to be less sensitive to market movements. STAG has a correlation of 0.29 to the broad based SPY ETF.

STAG has a market cap of $7.14 billion. This is considered a Mid Cap stock.

Last quarter Stag Industrial reported $186 million in Revenue and $.61 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.01.

In the last 3 years, STAG traded as high as $48.27 and as low as $26.56.

The top ETF exchange traded funds that STAG belongs to (by Net Assets): VNQ, VTI, IJH, VB, VBR.

STAG has underperformed the market in the last year with a price return of +19.5% while the SPY ETF gained +35.8%. However, in the short term, STAG had mixed performance relative to the market. It has outperformed in the last 3 months, returning +13.0% vs +5.1% return in SPY. But in the last 2 weeks, STAG shares have been beat by the market, returning -0.2% compared to an SPY return of +2.5%.

STAG support price is $38.57 and resistance is $39.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that STAG shares will trade within this expected range on the day.