STAG Industrial Inc (STAG) Stock: A Closer Look at the Market Potential

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The price-to-earnings ratio for STAG Industrial Inc (NYSE: STAG) is above average at 35.88x, Company’s 36-month beta value is 1.09.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 3 as “overweight,” 5 as “hold,” and 1 as “sell.”

The public float for STAG is 181.86M, and currently, short sellers hold a 3.40% ratio of that floaft. The average trading volume of STAG on October 10, 2024 was 1.02M shares.

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STAG) stock’s latest price update

STAG Industrial Inc (NYSE: STAG) has seen a decline in its stock price by -0.78 in relation to its previous close of 37.38. However, the company has experienced a -2.91% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-10-09 that BOSTON, Oct. 9, 2024 /PRNewswire/ — The Board of Directors of STAG Industrial, Inc. (the “Company”) (NYSE: STAG) maintained the monthly common stock dividend at $0.123333 per share and declared the following fourth quarter common stock dividends: FOURTH QUARTER 2024 COMMON STOCK DIVIDENDS DECLARED Month Record Date Payment Date Dividend Per Share October 2024 October 31, 2024 November 15, 2024 $0.123333 November 2024 November 29, 2024 December 16, 2024 $0.123333 December 2024 December 31, 2024 January 15, 2025 $0.123333 About STAG Industrial, Inc. STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, ownership, and operation of industrial properties throughout the United States. As of June 30, 2024, the Company’s portfolio consists of 573 buildings in 41 states with approximately 114.1 million rentable square feet.

STAG’s Market Performance

STAG’s stock has fallen by -2.91% in the past week, with a monthly drop of -6.57% and a quarterly drop of -0.64%. The volatility ratio for the week is 1.25% while the volatility levels for the last 30 days are 1.50% for STAG Industrial Inc The simple moving average for the last 20 days is -4.66% for STAG stock, with a simple moving average of -1.40% for the last 200 days.

Analysts’ Opinion of STAG

Many brokerage firms have already submitted their reports for STAG stocks, with Wedbush repeating the rating for STAG by listing it as a “Outperform.” The predicted price for STAG in the upcoming period, according to Wedbush is $44 based on the research report published on July 22, 2024 of the current year 2024.

Wedbush, on the other hand, stated in their research note that they expect to see STAG reach a price target of $38. The rating they have provided for STAG stocks is “Neutral” according to the report published on July 12th, 2024.

Exane BNP Paribas gave a rating of “Neutral” to STAG, setting the target price at $39 in the report published on June 04th of the current year.

STAG Trading at -5.97% from the 50-Day Moving Average

After a stumble in the market that brought STAG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.91% of loss for the given period.

Volatility was left at 1.50%, however, over the last 30 days, the volatility rate increased by 1.25%, as shares sank -5.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.07% lower at present.

During the last 5 trading sessions, STAG fell by -2.91%, which changed the moving average for the period of 200-days by -4.26% in comparison to the 20-day moving average, which settled at $38.90. In addition, STAG Industrial Inc saw -5.53% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at STAG starting from Butcher Benjamin S, who sale 50,000 shares at the price of $39.23 back on Sep 12 ’24. After this action, Butcher Benjamin S now owns 8,758 shares of STAG Industrial Inc, valued at $1,961,695 using the latest closing price.

Benjamin S. Butcher, the Director of STAG Industrial Inc, proposed sale 50,000 shares at $39.19 during a trade that took place back on Sep 12 ’24, which means that Benjamin S. Butcher is holding shares at $1,959,500 based on the most recent closing price.

Stock Fundamentals for STAG

Current profitability levels for the company are sitting at:

  • 0.47 for the present operating margin
  • 0.51 for the gross margin

The net margin for STAG Industrial Inc stands at 0.25. The total capital return value is set at 0.06. Equity return is now at value 5.60, with 3.00 for asset returns.

Based on STAG Industrial Inc (STAG), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 0.84. The interest coverage ratio of the stock is 3.13.

Currently, EBITDA for the company is 516.05 million with net debt to EBITDA at 5.21. When we switch over and look at the enterprise to sales, we see a ratio of 12.95. The receivables turnover for the company is 5.91for trailing twelve months and the total asset turnover is 0.11.

Conclusion

In a nutshell, STAG Industrial Inc (STAG) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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