STAG Industrial Inc (NYSE: STAG) is -0.12% lower on its value in year-to-date trading and has touched a low of $32.27 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 $33.56 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $33.78, the stock is 0.12% and -4.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.77 million and changing 0.66% at the moment leaves the stock -8.59% off its SMA200. STAG registered -12.42% loss for a year compared to 6-month loss of -11.57%. The firm has a 50-day simple moving average (SMA 50) of $35.517 and a 200-day simple moving average (SMA200) of $36.9762.
The stock witnessed a -5.22% gain in the last 1 month and extending the period to 3 months gives it a -9.63%, and is 1.93% 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 2.02% over the week and 2.13% 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 34.21 and Fwd P/E is 35.50. Profit margin for the company is 23.93%. Distance from 52-week low is 4.68% and -18.86% from its 52-week high. The company has generated returns on investments over the last 12 months (2.88%).
with sales reaching $194.72M over the same period.The EPS is expected to shrink by -10.83% this year, but quarterly earnings will post 7.80% year-over-year. Quarterly sales are estimated to grow 6.23% in year-over-year returns.
696.0 institutions hold shares in STAG Industrial Inc (STAG), with institutional investors hold 91.35% of the company’s shares. The shares outstanding are 182.21M, and float is at 181.96M with Short Float at 1.05%. Institutions hold 91.22% 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 Chase Michael, the company’s EVP AND CIO. SEC filings show that Chase Michael sold 14,007 shares of the company’s common stock on Feb 16 ’24 at a price of $39.05 per share for a total of $0.55 million. Following the sale, the insider now owns 9422.0 shares.
STAG Industrial Inc disclosed in a document filed with the SEC on Sep 12 ’24 that Butcher Benjamin S (Director) sold a total of 50,000 shares of the company’s common stock. The trade occurred on Sep 12 ’24 and was made at $39.23 per share for $1.96 million. Following the transaction, the insider now directly holds 8758.0 shares of the STAG stock.
Still, SEC filings show that on Sep 12 ’24, Benjamin S. Butcher (Director) Proposed Sale 50,000 shares at an average price of $39.19 for $1.96 million. The insider now directly holds shares of STAG Industrial Inc (STAG).
