STAG Industrial, Inc. (STAG)

In the past six months, STAG Industrial's stock has been impacted by several events, including strong financial results for Q3 2025, with net income per share rising 13% year-over-year to $0.26 and Core FFO per diluted share increasing 8.3% to $0.65. Portfolio occupancy remained high at 95.8% overall and 96.8% for the operating portfolio as of September 30, 2025. Leasing activity accelerated, with 2.2 million square feet of leases commenced in Q3 at a 27.2% cash rent change. STAG Industrial announced a dividend increase and a shift from a monthly to a quarterly dividend cadence on January 8, 2026, and announced the tax treatment of its 2025 dividends on January 20, 2026, and is scheduled to report its Q4 and full-year 2025 results on February 12, 2025. Analyst ratings and price targets have seen adjustments, with some firms boosting their price objectives in late 2025. The stock's 52-week range has been between $28.61 and $39.88.

Demand for STAG Industrial's products and services does not exhibit significant seasonality. The company's portfolio caters to a broad spectrum of industries, including distribution, light manufacturing, and logistics facilities, many of which serve essential businesses and e-commerce. This diversification and focus on critical supply chain infrastructure contribute to consistent demand, with strong leasing momentum, high occupancy rates, and early lease renewals indicating a steady and robust demand environment.

STAG Industrial, Inc. (STAG), established in 2010, is a real estate investment trust (REIT) specializing in the acquisition, ownership, and management of industrial properties throughout the United States. The company focuses on a diverse portfolio that includes distribution, light manufacturing, and logistics facilities, aiming to deliver superior risk-adjusted returns to shareholders by investing in and actively managing well-located, functional industrial assets that serve essential businesses and exhibit strong tenant demand.

STAG Industrial has an expansive national footprint across the U.S., with a strategic concentration in key industrial hubs. As of September 30, 2025, the company's portfolio comprised 601 buildings in 41 states, encompassing approximately 119.2 million rentable square feet. This broad diversification aims to mitigate risk and provide ample opportunities for acquisition and leasing.

STAG Industrial generally maintains a positive brand reputation, particularly within the investment community, often highlighted for its stable income and growth potential. Investment commentaries in the past year have focused on its stock recovery, robust tenant demand, disciplined balance sheet management, and dividend focus. The company is seen as a "blue-chip, high-return industrial REIT" with strong fundamentals, and there have been no widely reported negative events significantly impacting STAG Industrial's reputation in the past year.

STAG Industrial's ownership is predominantly institutional. As of September 2025, 511 institutional firms held 87.9% of the company's total shares outstanding. Major institutional owners include BlackRock, Inc., which held 27.50 million shares (14.73% of outstanding stock) as of September 30, 2025, Vanguard Group Inc, FMR LLC, and State Street Corp. As of March 30, 2025, Vanguard Group, Inc. held approximately 14.03% and BlackRock, Inc. held approximately 13.25% of shares. Individual investors and company insiders also hold shares, aligning their interests with the company's performance.