STAG Industrial Inc (NYSE: STAG) is 1.99% higher on its value in year-to-date trading and has touched a low of $31.69 and a high of $41.63 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The STAG stock was last observed hovering at around $39.30 in the last trading session, with the day’s gains setting it 0.74%.
Currently trading at $40.04, the stock is 0.51% and 2.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 1.88% at the moment leaves the stock 6.93% off its SMA200. STAG registered 11.07% gain for a year compared to 6-month gain of 7.29%.
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The stock witnessed a 1.44% loss in the last 1 month and extending the period to 3 months gives it a 14.60%, and is 2.33% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.82% over the week and 1.50% over the month.
STAG Industrial Inc (STAG) has around 95 employees, a market worth around $7.29B and $739.91M in sales. Current P/E ratio is 38.73 and Fwd P/E is 30.92. Profit margin for the company is 25.41%. Distance from 52-week low is 26.35% and -3.82% from its 52-week high. The company has generated returns on investments over the last 12 months (3.05%).
with sales reaching $189.37M over the same period.The EPS is expected to grow by 16.95% this year, but quarterly earnings will post 7.60% year-over-year. Quarterly sales are estimated to grow 6.50% in year-over-year returns.
STAG Industrial Inc (STAG) Top Institutional Holders
712.0 institutions hold shares in STAG Industrial Inc (STAG), with institutional investors hold 91.02% of the company’s shares. The shares outstanding are 182.11M, and float is at 181.86M with Short Float at 3.35%. Institutions hold 90.89% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 26.09 million shares valued at $940.85 million. The investor’s holdings represent 14.359% of the STAG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 22.54 million shares valued at $812.74 million to account for 12.4037 of the shares outstanding. The other top investors are STATE STREET CORP which holds 9.06 million shares representing 4.9864% and valued at over $327.83 million, while MASSACHUSETTS FINANCIAL SERVICES CO /MA/ holds 2.6293 of the shares totaling 4.78 million with a market value of $172.28 million.
STAG Industrial Inc (STAG) Insider Activity
The most recent transaction is an insider sale by Butcher Benjamin S, the company’s Director. SEC filings show that Butcher Benjamin S sold 50,000 shares of the company’s common stock on Sep 12 ’24 at a price of $39.23 per share for a total of $1.96 million. Following the sale, the insider now owns 8758.0 shares.
Still, SEC filings show that on Aug 01 ’24, Butcher Benjamin S (Director) disposed off 34,000 shares at an average price of $40.78 for $1.39 million. The insider now directly holds 8,758 shares of STAG Industrial Inc (STAG).
