Company STAG Industrial, Inc.

Equities

STAG

US85254J1025

Commercial REITs

Market Closed - Nyse 04:00:02 2024-04-25 pm EDT 5-day change 1st Jan Change
34.54 USD -0.60% Intraday chart for STAG Industrial, Inc. +0.47% -12.02%

Business Summary

STAG Industrial, Inc. is a real estate investment trust (REIT), which is focused on the acquisition, ownership and operation of industrial properties throughout the United States. The Company’s is designed to identify properties for acquisition that offer relative value across all locations, industrial property types, and tenants through the principled application of its risk assessment model. Its primary business objectives are to own and operate a balanced and diversified portfolio of binary risk investments that maximize cash flows available for distribution to its stockholders, and to enhance stockholder value over time by achieving sustainable long-term growth in distributable cash flow from operations per share. The Company owns approximately 569 buildings in 41 states with 112.3 million rentable square feet, consisting of approximately 493 warehouse/distribution buildings, 70 light manufacturing buildings, one flex/office building, and five value add portfolio buildings.

Number of employees: 95

Sales per Business

USD in Million2022Weight2023Weight Delta
Fixed Lease Payments
76.4 %
500 76.1 % 540 76.4 % +8.03%
Variable Lease Payments
20.8 %
136 20.7 % 147 20.8 % +8.14%
Straight-line Rental Income
2.4 %
18 2.7 % 17 2.4 % -5.58%
Other
0.4 %
3 0.5 % 3 0.4 % -9.87%
Net Increase (Decrease) to Rental Income Related to above and below Market Lease Amortization
0.1 %
0 0.1 % 1 0.1 % +162.92%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
657 100.0 % 708 100.0 % +7.68%

Managers

Managers TitleAgeSince
Chief Executive Officer 44 11-03-31
Founder 70 10-06-30
Director of Finance/CFO 41 -
Chief Investment Officer 51 -
Human Resources Officer - 16-12-31
General Counsel - -
General Counsel - 13-12-31
Comptroller/Controller/Auditor - 10-12-31
Corporate Officer/Principal 53 -
General Counsel 55 14-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 11-03-31
Director/Board Member 84 13-12-31
Director/Board Member 59 12-08-01
Director/Board Member 60 11-03-31
Director/Board Member 65 11-03-31
Chairman 68 11-03-31
Founder 70 10-06-30
Chief Executive Officer 44 11-03-31
Director/Board Member 52 18-03-11
Director/Board Member 45 19-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 181,834,658 181,579,293 ( 99.86 %) 0 99.86 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
14.34 %
26,060,931 14.34 % 1 002 M $
BlackRock Advisors LLC
10.80 %
19,639,993 10.80 % 755 M $
10,026,232 5.515 % 385 M $
Massachusetts Financial Services Co.
2.887 %
5,248,373 2.887 % 202 M $
AllianceBernstein LP
2.298 %
4,177,399 2.298 % 161 M $
Janus Henderson Investors US LLC
2.274 %
4,132,914 2.274 % 159 M $
BNY Mellon Investment Adviser, Inc.
2.250 %
4,089,855 2.250 % 157 M $
EARNEST Partners LLC
2.007 %
3,647,844 2.007 % 140 M $
Geode Capital Management LLC
1.747 %
3,176,141 1.747 % 122 M $
DWS Investment Management Americas, Inc.
1.699 %
3,088,136 1.699 % 119 M $

Company contact information

STAG Industrial, Inc.

One Federal Street 23rd floor

02110, Boston

+617 574 4777

http://www.stagindustrial.com
address STAG Industrial, Inc.(STAG)

Group companies

NameCategory and Sector
Real Estate Development

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
34.54 USD
Average target price
39.91 USD
Spread / Average Target
+15.54%
Consensus
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