Welcome to our dedicated page for Stag Indl news (Ticker: STAG), a resource for investors and traders seeking the latest updates and insights on Stag Indl stock.
Stag Industrial Inc (STAG) is a real estate investment trust specializing in industrial properties, including warehouses and distribution centers across key U.S. markets. This page serves as a comprehensive resource for investors and industry professionals seeking timely updates on the company's financial performance and strategic direction.
Access official press releases, earnings reports, and analysis of STAG's property acquisitions and portfolio expansions. Our curated collection focuses on operational developments, lease agreements, and market positioning within the industrial REIT sector.
Key updates include quarterly financial results, strategic partnerships, and insights into the company's risk assessment methodology for property investments. Content is organized to provide clarity on how STAG maintains its focus on single-tenant assets while adapting to evolving logistics real estate demands.
Bookmark this page for direct access to verified information about Stag Industrial's growth initiatives and industry leadership. Check back regularly for neutral, factual reporting designed to support informed decision-making in commercial real estate investments.
STAG Industrial reported its Q2 2021 financial results, demonstrating significant growth compared to Q2 2020. The company achieved net income of $32.6 million, or $0.20 per share, up 85.6%. Core FFO rose 20.2% to $86.3 million, with a Core FFO per share of $0.52, marking a 10.6% increase. Cash NOI reached $108.8 million, a 12.6% increase from last year. The company acquired nine buildings totaling 1.3 million square feet for $126.7 million, and maintained a strong occupancy rate of 96.8%. STAG also raised $42.2 million via its ATM program.
On July 13, 2021, STAG Industrial announced it will maintain its monthly common stock dividend at $0.120833 per share for the third quarter of 2021. The announced dividends are scheduled for July 30, August 31, and September 30, 2021, with payments on August 16, September 15, and October 15, 2021, respectively. As of March 31, 2021, STAG Industrial's portfolio consisted of 494 buildings across 39 states, totaling approximately 99.1 million rentable square feet.
STAG Industrial (NYSE: STAG) has announced a note purchase agreement to issue $325 million in fixed rate senior unsecured notes. The issuance includes $275 million in 2.80% notes maturing on September 29, 2031, and $50 million in 2.95% notes maturing on September 28, 2033. The offering, expected to close on or around September 28, 2021, will not be registered under the Securities Act of 1933. As of March 31, 2021, STAG's portfolio consists of 494 buildings across 39 states, totaling approximately 99.1 million rentable square feet.
STAG Industrial announced that it will release its second quarter 2021 operating and financial results on July 27, 2021, after market close. A conference call to discuss these results will take place on July 28, 2021, at 10:00 a.m. ET. Interested parties can join the call via phone or listen to a webcast on the Company's investor relations website. As of March 31, 2021, STAG's portfolio included 494 industrial properties across 39 states, totaling approximately 99.1 million rentable square feet.
STAG Industrial reported its Q1 2021 financial results, marking a significant decrease in net income. The company's net income attributable to common stockholders was $20.9 million ($0.13 per share), down 66.3% from $62.1 million ($0.42 per share) in Q1 2020. However, Core FFO rose 13.1% to $79.8 million ($0.49 per share). Cash NOI reached $103.7 million, a 10.6% increase year-over-year. The occupancy rate remains high at 97.0%. STAG acquired six properties for $100.2 million and raised $22 million in gross equity through its ATM program. The company maintains a strong liquidity position with $533 million.
STAG Industrial has promoted William R. Crooker to the position of President, alongside his roles as Chief Financial Officer and Treasurer. This decision, praised by Chairman Ben Butcher, acknowledges Crooker's significant contributions since joining the company in 2011. As of March 31, 2021, STAG Industrial owns 494 properties across 39 states, encompassing approximately 99.1 million rentable square feet. The board is confident that Crooker's leadership will bolster the company's strategic initiatives.
STAG Industrial, Inc. (NYSE:STAG) will celebrate its 10th anniversary as a public company by ringing The Closing Bell at the New York Stock Exchange on April 20, 2021. CEO Ben Butcher expressed gratitude to employees, investors, and partners for their role in the company's growth within the industrial real estate sector. As of December 31, 2020, STAG Industrial's portfolio included 492 buildings across 39 states, totaling approximately 98.2 million rentable square feet. The bell ringing can be streamed live at 4:00 PM E.T.
STAG Industrial announced the maintenance of its monthly dividend at $0.120833 per share. The Company declared the second quarter dividends with record dates on April 30, May 28, and June 30, 2021, and corresponding payment dates on May 17, June 15, and July 15, 2021. STAG Industrial operates as a real estate investment trust focusing on single-tenant industrial properties across the US, with a portfolio of 492 buildings and approximately 98.2 million rentable square feet as of December 31, 2020.
STAG Industrial announced its first quarter 2021 operating and financial results will be released on May 4, 2021, after market close. The quarterly earnings conference call is scheduled for May 5, 2021, at 10:00 a.m. ET. Interested parties can join the call by dialing (877) 407-4018 for toll-free access or (201) 689-8471 for international callers. A replay will be available shortly after the call. As of December 31, 2020, STAG Industrial's portfolio includes 492 buildings across 39 states, covering approximately 98.2 million rentable square feet.
STAG Industrial, Inc. (NYSE:STAG) has announced the acquisition of three warehouse properties totaling $61 million. The properties include:
- Sacramento, CA: Acquired for $25.9 million, 267,284 sq. ft., 100% leased with a 4-year term.
- Minneapolis, MN: Acquired for $10.2 million, 80,655 sq. ft., 100% leased with a 9-year term.
- Omaha, NE: Acquired for $24.9 million, 370,000 sq. ft., 100% leased with a 4-year term.
This acquisition activity demonstrates STAG's continued focus on expanding its real estate portfolio across the U.S.
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