STAG Industrial Inc (NYSE: STAG) is -1.30% lower on its value in year-to-date trading and has touched a low of $32.90 and a high of $41.63 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The STAG stock was last observed hovering at around $33.00 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $33.38, the stock is -3.88% and -7.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing 1.15% at the moment leaves the stock -10.08% off its SMA200. STAG registered -14.15% loss for a year compared to 6-month gain of -7.41%. The firm has a 50-day simple moving average (SMA 50) of $36.0526 and a 200-day simple moving average (SMA200) of $37.1227.
The stock witnessed a -8.62% loss in the last 1 month and extending the period to 3 months gives it a -12.34%, and is -2.57% down 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 1.90% over the week and 2.01% over the month.
STAG Industrial Inc (STAG) has around 95 employees, a market worth around $6.28B and $751.37M in sales. Current P/E ratio is 33.81 and Fwd P/E is 35.08. Profit margin for the company is 23.93%. Distance from 52-week low is 1.46% and -19.82% from its 52-week high. The company has generated returns on investments over the last 12 months (2.88%).
The EPS is expected to shrink by -10.83% this year.
STAG Industrial Inc (STAG) Top Institutional Holders
701.0 institutions hold shares in STAG Industrial Inc (STAG), with institutional investors hold 91.44% of the company’s shares. The shares outstanding are 182.21M, and float is at 181.96M with Short Float at 2.69%. Institutions hold 91.31% 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).
