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Stag Industrial (STAG)
NYSE:STAG
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.2Last Year’s EPS
0.23Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 01, 2018
|% Change Since: -7.47%
|Next Earnings Date:Jul 31, 2018
Earnings Call Sentiment|Neutral
The call highlighted strong leasing performance and acquisition activities, with an increase in guidance reflecting positive outlooks. However, challenges such as the American Tire Distributors bankruptcy and market-specific weaknesses were noted as areas of concern.Company Guidance
During the STAG Industrial Q3 2024 earnings call, the company provided updated guidance reflecting various metrics. Core FFO per share guidance was revised to a range of $2.38 to $2.40, with an increase of $0.01 at the midpoint. The same-store cash NOI growth expectation was raised to a range of 5.25% to 5.5%, up by 12.5 basis points at the midpoint. Acquisition volume guidance for the year was adjusted to a range of $500 million to $700 million, indicating increased activity in the market. Furthermore, G&A expectations were lowered to a range of $49 million to $50 million. The company reported a leasing achievement of 38% for the space expected to lease in 2025, with cash leasing spreads of 24.1%. Retention rates were noted at 75% for the year, and net debt to annualized run rate adjusted EBITDA stood at 5.1x, with liquidity at $904 million by quarter-end.Strong Leasing Performance
Achieved cash leasing spreads of 24.1% for leases expected in 2025 and 24.6% for 2024, with same-store cash NOI growth of 6.1% year-to-date.
Acquisition Market Activity
Acquisition volume for the third quarter totaled $113 million, with a notable acquisition of a 5-property portfolio in Boston for $78.1 million at a 6.9% cash cap rate.
Increased Guidance
Increased annual same-store cash NOI guidance to 5.25% to 5.5% and core FFO guidance to $2.38 to $2.40 per share.
Development Progress
Over 2.1 million square feet of development activity across 9 buildings, including a new joint venture project in Reno.
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STAG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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STAG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $36.69 | $37.42 | +1.99% |
| Jul 30, 2024 | $40.00 | $40.14 | +0.35% |
| Apr 30, 2024 | $33.49 | $33.90 | +1.22% |
| Feb 13, 2024 | $36.10 | $36.86 | +2.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Stag Industrial (STAG) report earnings?
Stag Industrial (STAG) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Stag Industrial (STAG) earnings time?
Stag Industrial (STAG) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is STAG EPS forecast?
STAG EPS forecast for the fiscal quarter 2024 (Q4) is 0.2.
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