STAG Industrial, Inc. (STAG)

In the past six months, STAG Industrial, Inc. reported its third-quarter 2025 earnings with an EPS of $0.65, surpassing estimates, and revenue increased by 10.7% year-over-year. The company declared a monthly dividend of $0.1242 per share, representing an annualized yield of 3.8%. Moody's upgraded STAG's credit rating from Baa3 to Baa2, which is expected to allow the company more efficient access to public bond markets. STAG reported strong leasing activity and completed the development of a facility in Nashville, leasing a significant portion immediately. The company refinanced a term loan, extending its maturity to March 15, 2030. The stock currently holds an average "Hold" rating from analysts, with a consensus target price of $38.89. Insider selling has been observed.

Demand for STAG Industrial's properties can exhibit some seasonality, particularly influenced by e-commerce activity. Approximately 31% to 40% of STAG's portfolio handles e-commerce activity. Retail spending, which typically surges during the holiday season, can increase the demand for these properties. However, STAG's business model, focusing on industrial properties used for operational aspects like warehousing and distribution rather than consumer-facing sales, provides a degree of stability. The company's high occupancy rate indicates a generally stable demand for its properties throughout the year.

STAG Industrial, Inc. is a real estate investment trust specializing in the acquisition, ownership, and operation of single-tenant industrial properties across the United States. The company operates within the Real Estate sector and the REIT - Industrial industry, focusing on warehouse, distribution, and light manufacturing buildings. STAG's business model focuses on acquiring high-quality industrial properties that generate stable cash flows through long-term leases with creditworthy tenants.

STAG Industrial, Inc. has an extensive geographic footprint across the United States, with a portfolio of 601 buildings as of November 2025, encompassing 119.2 million rentable square feet. As of March 31, 2025, the company's portfolio included 597 buildings in 41 states with approximately 117.6 million rentable square feet. STAG's properties are strategically located in various metropolitan regions, distribution hubs, and commercial zones, including established logistics corridors, emerging industrial markets, and strategic suburban regions. States where STAG owns properties include Illinois, Ohio, Wisconsin, Tennessee, Virginia, South Carolina, Pennsylvania, Oklahoma, New York, Missouri, Louisiana, Kentucky, Indiana, Georgia, Florida, Delaware, Connecticut, and Arizona. The majority of its rental revenue is generated from facilities in Midwestern and Eastern U.S. cities.

In the past year, STAG Industrial has maintained a reputation for disciplined growth and a commitment to corporate responsibility. The company established the STAG Industrial Charitable Action Fund in 2020 to promote equality and support children and young adults. STAG has also formally committed to reducing absolute scope 1 and scope 2 greenhouse gas (GHG) emissions by 50% by 2030 from a 2018 baseline, with targets approved by the Science-Based Targets Initiative (SBTi). The company emphasizes a proactive and transparent approach to governance, considering the interests of all stakeholders. Its focus on predictable income streams, long-term leases, and targeting underserved secondary and tertiary markets has contributed to its standing in the industrial real estate sector.

STAG Industrial, Inc.'s ownership structure is primarily institutional, with institutional investors holding approximately 71.35% to 88.67% of the company's stock. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Fmr Llc, State Street Corp, Norges Bank, and several Vanguard funds and iShares ETF. Individual insiders own a smaller portion, ranging from approximately 0.137% to 1.10% of the stock. The general public and individual investors hold around 5.84% to 28.50%.