Stag Industrial (STAG) Earns Daily Media Sentiment Score of 0.16
Media headlines about Stag Industrial (NYSE:STAG) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Stag Industrial earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 46.5628587970943 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Western Gas Partners, LP (WES) Given Average Recommendation of “Hold” by Brokerages (overnewsmagazine.com)
- Near-Term Bearish Signal Identified For STAG Industrial Inc (STAG) Shares – Stock Press Daily (stockpressdaily.com)
- Drilling Down Into the Books for STAG Industrial, Inc. (STAG) – StockNewsGazette (stocknewsgazette.com)
- See what the IHS Markit Score report has to say about STAG Industrial Inc. (finance.yahoo.com)
- Jefferies Upgrades Rating On Stag Industrial, Inc. (STAG) (highlightpress.com)
Several research analysts have recently issued reports on STAG shares. Jefferies Group LLC raised their price objective on Stag Industrial from $26.00 to $30.00 and gave the stock a “buy” rating in a research note on Monday, April 24th. BidaskClub cut Stag Industrial from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 20th. Ladenburg Thalmann Financial Services restated a “buy” rating on shares of Stag Industrial in a research note on Wednesday, May 3rd. Cantor Fitzgerald restated a “hold” rating and issued a $25.00 price objective on shares of Stag Industrial in a research note on Tuesday, May 2nd. Finally, Raymond James Financial, Inc. raised their price objective on Stag Industrial from $27.50 to $28.50 and gave the stock an “outperform” rating in a research note on Wednesday. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $26.93.
Shares of Stag Industrial (STAG) traded down 1.11% on Friday, reaching $26.70. The company had a trading volume of 753,036 shares. The company’s 50-day moving average price is $27.31 and its 200 day moving average price is $26.11. The firm has a market capitalization of $2.46 billion, a P/E ratio of 99.63 and a beta of 1.22. Stag Industrial has a 52 week low of $21.21 and a 52 week high of $28.66.
Stag Industrial (NYSE:STAG) last posted its quarterly earnings data on Tuesday, August 1st. The real estate investment trust reported $0.41 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.41. Stag Industrial had a return on equity of 3.97% and a net margin of 12.22%. The company had revenue of $72.20 million during the quarter, compared to analysts’ expectations of $71.44 million. During the same period last year, the firm earned $0.38 EPS. The firm’s revenue for the quarter was up 19.9% on a year-over-year basis. On average, analysts expect that Stag Industrial will post ($0.04) EPS for the current year.
The business also recently disclosed a monthly dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.1175 per share. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $1.41 dividend on an annualized basis and a yield of 5.28%. Stag Industrial’s payout ratio is 503.57%.
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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