Stag Industrial (STAG)


Market Price (8/6/2026): $37.29 | Market Cap: $7.1 BilSector: Real Estate | Industry: Industrial REITs

Stag Industrial (STAG)


Market Price (8/6/2026): $37.29
Market Cap: $7.1 Bil
Sector: Real Estate
Industry: Industrial REITs

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.9%, Dividend Yield is 3.4%, FCF Yield is 5.2%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 54%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 42%

Low stock price volatility
Vol 12M is 20%

Megatrend and thematic drivers
Megatrends include E-commerce Logistics & Data Centers, E-commerce & Digital Retail, and Automation & Robotics. Themes include E-commerce Logistics REITs, Show more.

Weak multi-year price returns
2Y Excs Rtn is -41%, 3Y Excs Rtn is -53%

Key risks
STAG key risks include [1] its exposure to rising interest rates on a significant portion of its approximately $3.0 billion in outstanding debt.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.9%, Dividend Yield is 3.4%, FCF Yield is 5.2%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 54%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 42%
2 Low stock price volatility
Vol 12M is 20%
3 Megatrend and thematic drivers
Megatrends include E-commerce Logistics & Data Centers, E-commerce & Digital Retail, and Automation & Robotics. Themes include E-commerce Logistics REITs, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -41%, 3Y Excs Rtn is -53%
5 Key risks
STAG key risks include [1] its exposure to rising interest rates on a significant portion of its approximately $3.0 billion in outstanding debt.

STAG in ETFs

Weight = STAG's share of each fund

VTI0.01%
ITOT0.01%
IWB0.01%
IJH0.21%
VB0.09%
USRT0.59%
IYR0.53%
SCHH0.50%
+18 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/1/2026

Stag Industrial (STAG) stock has remained largely at the same level since 4/30/2026 because of the following key factors:

1. Stag Industrial delivered solid operational results in fiscal Q2 2026 (ended June 30, 2026) and raised its full-year guidance. The company reported Core Funds From Operations (FFO) per diluted share of $0.65, a 3.2% increase from fiscal Q2 2025, meeting consensus estimates. Total revenue grew 8.1% year-over-year to $224.4 million, surpassing analyst expectations. Leasing activity remained strong, with 5.6 million square feet commenced and a cash rent change of 19.8%. Subsequent to these results, management increased full-year Core FFO guidance to $2.61-$2.65 per share and Same Store Cash Net Operating Income (NOI) growth guidance to 3%-3.5%.

2. Stabilizing industrial market fundamentals provided a supportive backdrop. The broader U.S. industrial real estate market exhibited signs of improvement during the period, with STAG's CEO noting that national and portfolio vacancy rates likely peaked. Net absorption in fiscal Q2 2026 accelerated significantly to 69 million square feet, marking the strongest first half since 2022. Furthermore, asking rent rates rose 2.9% year-over-year in fiscal Q2, up from 2.1% in fiscal Q1, while a muted development pipeline, due to high construction costs and interest rates, limited new supply.

Show more
Updated on 8/1/2026

Stag Industrial (STAG) stock has remained largely at the same level since 4/30/2026 because of the following key factors:

1. Stag Industrial delivered solid operational results in fiscal Q2 2026 (ended June 30, 2026) and raised its full-year guidance. The company reported Core Funds From Operations (FFO) per diluted share of $0.65, a 3.2% increase from fiscal Q2 2025, meeting consensus estimates. Total revenue grew 8.1% year-over-year to $224.4 million, surpassing analyst expectations. Leasing activity remained strong, with 5.6 million square feet commenced and a cash rent change of 19.8%. Subsequent to these results, management increased full-year Core FFO guidance to $2.61-$2.65 per share and Same Store Cash Net Operating Income (NOI) growth guidance to 3%-3.5%.

2. Stabilizing industrial market fundamentals provided a supportive backdrop. The broader U.S. industrial real estate market exhibited signs of improvement during the period, with STAG's CEO noting that national and portfolio vacancy rates likely peaked. Net absorption in fiscal Q2 2026 accelerated significantly to 69 million square feet, marking the strongest first half since 2022. Furthermore, asking rent rates rose 2.9% year-over-year in fiscal Q2, up from 2.1% in fiscal Q1, while a muted development pipeline, due to high construction costs and interest rates, limited new supply.

3. A disciplined acquisition strategy contributed to a measured stock performance. Despite strong internal growth, STAG's shares declined 4.35% following the fiscal Q2 2026 earnings announcement, partly due to analyst focus on a slower pace of acquisitions. Management acknowledged limited near-term pipeline visibility and expressed unwillingness to pay portfolio premiums that did not meet underwriting standards, indicating a cautious approach to external growth in a market experiencing cap rate compression. The company acquired seven buildings totaling 2.6 million square feet for $287.1 million in fiscal Q2 2026.

4. Proactive capital markets management enhanced financial flexibility. Subsequent to fiscal Q2 2026, STAG refinanced and combined a $350 million term loan, extending its maturity from March 2027 to January 16, 2032. This refinancing resulted in a 5 basis point interest rate saving across its term loans and Unsecured Credit Facility, demonstrating effective debt management. Additionally, the company received $59.8 million in net proceeds from forward sales under its At-The-Market (ATM) offering program in fiscal Q2 2026, with $70 million remaining unsettled as of July 27, 2026, bolstering its liquidity position.

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Stock Movement Drivers

Fundamental Drivers

The -2.4% change in STAG stock from 4/30/2026 to 8/5/2026 was primarily driven by a -3.5% change in the company's P/E Multiple.
(LTM values as of)43020268052026Change
Stock Price ($)38.2037.27-2.4%
Change Contribution By: 
Total Revenues ($ Mil)8648811.9%
Net Income Margin (%)28.3%28.1%-0.7%
P/E Multiple29.928.8-3.5%
Shares Outstanding (Mil)191191-0.1%
Cumulative Contribution-2.4%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/5/2026
ReturnCorrelation
STAG-2.4% 
Market (SPY)7.1%8.9%
Sector (XLRE)1.8%67.2%

Fundamental Drivers

The 1.4% change in STAG stock from 1/31/2026 to 8/5/2026 was primarily driven by a 6.9% change in the company's Total Revenues ($ Mil).
(LTM values as of)13120268052026Change
Stock Price ($)36.7437.271.4%
Change Contribution By: 
Total Revenues ($ Mil)8248816.9%
Net Income Margin (%)29.3%28.1%-4.1%
P/E Multiple28.428.81.4%
Shares Outstanding (Mil)187191-2.4%
Cumulative Contribution1.4%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/5/2026
ReturnCorrelation
STAG1.4% 
Market (SPY)11.5%21.7%
Sector (XLRE)9.8%61.2%

Fundamental Drivers

The 12.7% change in STAG stock from 7/31/2025 to 8/5/2026 was primarily driven by a 9.6% change in the company's Total Revenues ($ Mil).
(LTM values as of)73120258052026Change
Stock Price ($)33.0737.2712.7%
Change Contribution By: 
Total Revenues ($ Mil)8038819.6%
Net Income Margin (%)29.2%28.1%-3.8%
P/E Multiple26.328.89.5%
Shares Outstanding (Mil)187191-2.4%
Cumulative Contribution12.7%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 8/5/2026
ReturnCorrelation
STAG12.7% 
Market (SPY)22.8%23.1%
Sector (XLRE)11.9%63.7%

Fundamental Drivers

The 15.7% change in STAG stock from 7/31/2023 to 8/5/2026 was primarily driven by a 29.1% change in the company's Total Revenues ($ Mil).
(LTM values as of)73120238052026Change
Stock Price ($)32.2137.2715.7%
Change Contribution By: 
Total Revenues ($ Mil)68288129.1%
Net Income Margin (%)28.5%28.1%-1.5%
P/E Multiple29.828.8-3.1%
Shares Outstanding (Mil)179191-6.2%
Cumulative Contribution15.7%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2023 to 8/5/2026
ReturnCorrelation
STAG15.7% 
Market (SPY)74.1%46.9%
Sector (XLRE)30.0%75.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
STAG Return59%-30%27%-10%13%5%51%
Peers Return36%-19%14%3%16%8%63%
S&P 500 Return27%-19%24%23%16%13%106%

Monthly Win Rates [3]
STAG Win Rate75%33%75%42%67%62% 
Peers Win Rate65%43%50%58%65%50% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
STAG Max Drawdown-9%-42%-17%-18%-19%-10% 
Peers Max Drawdown-12%-33%-25%-14%-18%-12% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: AGNC, EGP, ADC, FR, STWD.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/5/2026 (YTD)

How Low Can It Go

EventSTAGS&P 500
2025 US Tariff Shock
  % Loss-14.0%-18.8%
  % Gain to Breakeven16.2%23.1%
  Time to Breakeven34 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-16.3%-9.5%
  % Gain to Breakeven19.5%10.5%
  Time to Breakeven49 days24 days
2023 SVB Regional Banking Crisis
  % Loss-11.9%-6.7%
  % Gain to Breakeven13.5%7.1%
  Time to Breakeven61 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-41.0%-24.5%
  % Gain to Breakeven69.6%32.4%
  Time to Breakeven1285 days427 days
2020 COVID-19 Crash
  % Loss-42.9%-33.7%
  % Gain to Breakeven75.1%50.9%
  Time to Breakeven126 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-11.5%-19.2%
  % Gain to Breakeven13.0%23.8%
  Time to Breakeven18 days105 days

Compare to AGNC, EGP, ADC, FR, STWD

In The Past

Stag Industrial's stock fell -14.0% during the 2025 US Tariff Shock. Such a loss loss requires a 16.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventSTAGS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-41.0%-24.5%
  % Gain to Breakeven69.6%32.4%
  Time to Breakeven1285 days427 days
2020 COVID-19 Crash
  % Loss-42.9%-33.7%
  % Gain to Breakeven75.1%50.9%
  Time to Breakeven126 days140 days
2014-2016 Oil Price Collapse
  % Loss-29.4%-6.8%
  % Gain to Breakeven41.6%7.3%
  Time to Breakeven85 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-21.7%-17.9%
  % Gain to Breakeven27.8%21.8%
  Time to Breakeven148 days123 days

Compare to AGNC, EGP, ADC, FR, STWD

In The Past

Stag Industrial's stock fell -14.0% during the 2025 US Tariff Shock. Such a loss loss requires a 16.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Stag Industrial (STAG)

STAG Industrial, Inc. is a real estate investment trust (REIT) that specializes in the acquisition and operation of industrial properties. The company's core strategy involves focusing on single-tenant industrial facilities, meaning each property in its portfolio is leased by a single business. Its extensive portfolio of industrial real estate is strategically located across the United States.

In essence, STAG Industrial provides critical industrial space for businesses, encompassing properties like warehouses, distribution centers, and light manufacturing facilities. Its primary customers are various companies and logistics providers that require dedicated, single-tenant buildings to support their operational needs. The company's market is the vast industrial real estate sector throughout the United States, serving businesses seeking to lease entire industrial properties.

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The landlord for America's industrial warehouses, similar to Amazon's fulfillment centers.

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  • Leasing of Industrial Real Estate: STAG Industrial provides businesses with leased space in single-tenant industrial properties across the United States.
  • Industrial Property Management: STAG Industrial manages the operations and maintenance of its portfolio of single-tenant industrial properties.

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Stag Industrial (NYSE: STAG) operates as a real estate investment trust (REIT) focused on leasing single-tenant industrial properties. Therefore, its customers are the businesses that lease these properties for purposes such as warehousing, distribution, and light manufacturing.

STAG maintains a highly diversified tenant base across various industries and geographies as a core part of its investment strategy. This diversification means that no single tenant accounts for a significant portion of its total revenue, thereby mitigating risk. For example, as of recent reports, no single tenant typically accounts for more than 1.1% of STAG's Annualized Base Rent (ABR).

While STAG does not have "major customers" in the sense of a few companies dominating its revenue, its largest tenants by Annualized Base Rent (ABR) include a variety of well-known companies. Below are some of its top tenants (customers), along with their symbols if they are public companies:

  • XPO Logistics (NYSE: XPO)
  • FedEx Ground Package System, Inc. (a subsidiary of FedEx Corporation, NYSE: FDX)
  • Ryder Logistics, Inc. (a subsidiary of Ryder System, Inc., NYSE: R)
  • Iron Mountain Information Management, LLC (a subsidiary of Iron Mountain Incorporated, NYSE: IRM)
  • DHL Express (a subsidiary of Deutsche Post AG, XTRA: DPW)

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William R. Crooker, President, Chief Executive Officer, and Director

Mr. Crooker has served as STAG Industrial's Chief Executive Officer and a member of its board of directors since 2022, and as President since 2021. Previously, he held the roles of Chief Financial Officer and Treasurer from 2016 to 2022, Executive Vice President from 2016 to 2021, Chief Accounting Officer from 2011 to 2016, and Senior Vice President of Capital Markets from 2015 to 2016. Before the formation of STAG Industrial, Mr. Crooker was the Chief Accounting Officer for STAG Capital Partners, LLC, its predecessor business, from 2010 to 2011. From 2002 to 2010, he worked for KPMG LLP in its real estate practice, primarily focusing on publicly traded real estate investment trusts.

Matts S. Pinard, Executive Vice President, Chief Financial Officer and Treasurer

Mr. Pinard was appointed Executive Vice President, Chief Financial Officer, and Treasurer, effective July 1, 2022. He previously served as the Company's Senior Vice President – Capital Markets and Investor Relations since 2019 and as Vice President – Capital Markets and Investor Relations from 2015 until 2019. Mr. Pinard has been employed at STAG Industrial since 2013, holding various positions in capital markets and portfolio management prior to his current role.

Benjamin S. Butcher, Director

Mr. Butcher is the founder of STAG Industrial and served as its CEO and Chairman from 2010 until 2022, and as President from 2010 to 2021. He transitioned to Executive Chairman from July 2022 to July 2023. Prior to the company's formation and initial public offering, Mr. Butcher oversaw the growth of its predecessor business, STAG Capital Partners, LLC, STAG Capital Partners III, LLC, and their affiliates, from 2003 to 2011, which operated through five private investment vehicles before going public. He has a background in private equity investments, real estate debt and equity transactions, and commercial mortgage-backed securities, having previously worked for Credit Suisse First Boston and Nomura Asset Capital.

Michael C. Chase, Executive Vice President and Chief Investment Officer

Mr. Chase has served as Executive Vice President since July 2022, in addition to his role as Chief Investment Officer, which he has held since 2020. He served as a Senior Vice President of Acquisitions since the Company's formation and initial public offering in 2011. From 2003 to 2011, Mr. Chase was a Managing Director for STAG Capital Partners, LLC, the predecessor business of STAG Industrial.

Jeffrey M. Sullivan, Executive Vice President, General Counsel and Secretary

Mr. Sullivan serves as STAG Industrial's Executive Vice President, General Counsel, and Secretary.

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AI Analysis | Feedback

The key risks to Stag Industrial's business operations primarily stem from its specialized focus within the real estate investment trust (REIT) sector and broader economic factors. The company focuses on acquiring and operating single-tenant, industrial properties across the United States.

The most significant risks include:

  1. Single-Tenant Lease Rollover and Vacancy Risk: A core aspect of Stag Industrial's strategy is its portfolio of single-tenant industrial properties. This model presents a significant risk because if a single tenant defaults or chooses not to renew its lease, the specific property generates no cash flow until a new tenant is secured. This "single-tenant rollover risk is real: when a tenant leaves, cash flow can drop to zero for that building until re-leased." Such events can lead to substantial revenue loss and increased vacancy rates, especially given that lease terms eventually expire, such as a "meaningful" lease rollover in 2026.
  2. Economic Downturns and Interest Rate Fluctuations: Like most REITs, Stag Industrial is vulnerable to broader economic conditions. Economic downturns can lead to reduced demand for industrial space, increase the likelihood of tenant defaults, and impact rental revenues. Additionally, rising interest rates pose a threat by increasing financing costs for acquisitions and debt refinancing, which can negatively affect property valuations and overall profitability.
  3. Industrial Real Estate Market Dynamics and Competition: While Stag Industrial aims for diversification across industries and geographies, there are inherent risks related to the specific industrial real estate market. These include "uneven growth across markets" and the possibility that larger tenants may increasingly favor "mega facilities instead of STAG's mid sized assets." Increased industrial supply in certain markets could also lead to more competitive re-leasing spreads and potentially slower growth compared to "blue-chip peer group[s]." Changes in trade policies and tariffs could also negatively impact the businesses of STAG's tenants, particularly those reliant on imported goods, thereby affecting their ability to meet rental obligations.

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The addressable market size for Stag Industrial's main products or services cannot be definitively identified from the provided information. While the overall U.S. industrial real estate market accounts for nearly 4.7 billion square feet of total inventory across warehouses, manufacturing plants, and distribution centers, a specific market size for the single-tenant industrial properties that Stag Industrial focuses on is not available.

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STAG Industrial (NYSE: STAG) is positioned for future revenue growth over the next 2-3 years, driven by several key factors stemming from its focus on single-tenant industrial properties across the United States.

Here are 5 expected drivers of future revenue growth for STAG Industrial:

  1. Positive Leasing Spreads: STAG Industrial has demonstrated and expects to continue achieving significant increases in rental rates on new and renewing leases. For instance, the company reported cash leasing spreads of 24% for the full year 2025 and 16.3% in the fourth quarter of 2025. Guidance for 2026 anticipates cash leasing spreads between 18% and 20%. These higher re-leasing rates directly translate to increased revenue per square foot.
  2. Strategic Acquisitions of Industrial Properties: As an acquisitive real estate investment trust, STAG Industrial consistently expands its portfolio through new property acquisitions. In 2025, the company acquired properties totaling 3.8 million square feet for $449.1 million, with $285.9 million of that occurring in the fourth quarter. For 2026, STAG has provided acquisition guidance ranging from $350 million to $650 million. These new additions to the portfolio will contribute additional rental income.
  3. Development Activity: STAG Industrial engages in development to add new, high-quality industrial assets to its portfolio. As of the end of Q4 2025, the company had 3.5 million square feet of development activity across 14 buildings, with 59% completed and 73% leased. The successful completion and leasing of these developments will introduce new revenue streams.
  4. Same-Store Net Operating Income (NOI) Growth: The company's ability to generate organic growth from its existing properties is a significant driver. STAG Industrial reported same-store cash NOI growth of 5.4% for Q4 2025 and 4.3% for the full year 2025. Looking ahead, the company's 2026 guidance projects same-store cash NOI growth between 2.75% and 3.25%. This growth reflects factors such as contractual rent escalations and effective property management within its stabilized portfolio.
  5. High Occupancy Rates and Tenant Retention: Maintaining high occupancy across its portfolio and retaining tenants are crucial for a stable and growing revenue base. At year-end 2025, STAG Industrial reported a total portfolio occupancy of 96.4% and an operating portfolio occupancy of 97.2%. The company expects a retention rate between 70% and 80% for 2026. High occupancy minimizes vacant space, while strong retention reduces turnover costs and helps maintain consistent rental income, providing a solid foundation for growth through re-leasing at higher market rates.

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Share Issuance

  • STAG Industrial's shares outstanding increased from 0.164 billion in 2021 to 0.187 billion in 2025.
  • The company's Additional Paid-in Capital increased by approximately $487 million from 2021 ($4,130 million) to 2025 ($4,617 million), indicating capital raised through share issuances.

Capital Expenditures

  • STAG Industrial has averaged approximately $700 million in acquisition volume over the past five years.
  • In 2025, the company acquired properties totaling 3.8 million square feet for $449.1 million, with seven buildings acquired in the fourth quarter for $285.9 million.
  • For 2026, STAG Industrial has a targeted acquisition volume between $350 million and $650 million, and its development pipelines are accelerating.

Better Bets vs. Stag Industrial (STAG)

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

STAGAGNCEGPADCFRSTWDMedian
NameStag Ind.AGNC Inv.EastGrou.Agree Re.First In.Starwood. 
Mkt Price37.2710.67202.7176.0864.1716.2150.72
Mkt Cap7.112.410.99.18.55.98.8
Rev LTM8812,401753780760822801
Op Inc LTM333-305378316-324
FCF LTM371886506534450420478
FCF 3Y Avg378420453473388603437
CFO LTM476886506534450833520
CFO 3Y Avg449420453473388758451

Growth & Margins

STAGAGNCEGPADCFRSTWDMedian
NameStag Ind.AGNC Inv.EastGrou.Agree Re.First In.Starwood. 
Rev Chg LTM9.6%384.1%11.0%18.2%8.4%-2.7%10.3%
Rev Chg 3Y Avg8.9%252.2%12.4%17.3%9.0%-9.3%10.7%
Rev Chg Q8.1%710.7%9.1%16.8%8.2%-4.2%8.6%
QoQ Delta Rev Chg LTM1.9%49.6%2.2%3.9%2.0%-0.9%2.1%
Op Inc Chg LTM12.7%-13.6%19.5%8.6%-13.2%
Op Inc Chg 3Y Avg13.9%-14.3%17.2%10.1%-14.1%
Op Mgn LTM37.8%-40.5%48.4%41.5%-41.0%
Op Mgn 3Y Avg36.5%-40.1%48.4%40.9%-40.5%
QoQ Delta Op Mgn LTM-0.3%-0.3%0.1%0.4%-0.2%
CFO/Rev LTM54.1%36.9%67.1%68.5%59.2%101.3%63.2%
CFO/Rev 3Y Avg55.7%37.7%66.5%70.4%55.3%84.2%61.1%
FCF/Rev LTM42.1%36.9%67.1%68.5%59.2%51.1%55.1%
FCF/Rev 3Y Avg47.0%37.7%66.5%70.4%55.3%65.6%60.4%

Valuation

STAGAGNCEGPADCFRSTWDMedian
NameStag Ind.AGNC Inv.EastGrou.Agree Re.First In.Starwood. 
Mkt Cap7.112.410.99.18.55.98.8
P/S8.15.114.411.711.27.29.6
P/Op Inc21.4-35.624.227.0-25.6
P/EBIT18.2-32.324.418.7-21.5
P/E28.85.535.740.623.416.926.1
P/CFO15.013.921.517.118.97.116.0
Total Yield6.9%32.5%5.8%6.5%7.2%17.4%7.0%
Dividend Yield3.4%14.2%3.0%4.0%2.9%11.5%3.7%
FCF Yield 3Y Avg5.5%3.6%4.9%6.1%5.6%9.6%5.6%
D/E0.50.00.20.40.32.20.4
Net D/E0.5-0.00.10.40.32.10.4

Returns

STAGAGNCEGPADCFRSTWDMedian
NameStag Ind.AGNC Inv.EastGrou.Agree Re.First In.Starwood. 
1M Rtn-4.7%-3.4%-4.5%-1.1%1.8%-3.0%-3.2%
3M Rtn-2.4%2.3%0.6%0.5%3.5%-9.0%0.6%
6M Rtn-2.7%-0.8%12.5%5.1%11.7%-7.2%2.1%
12M Rtn10.0%27.4%27.7%6.9%36.1%-7.9%18.7%
3Y Rtn16.9%67.4%27.9%34.6%37.2%4.8%31.2%
1M Excs Rtn-7.7%-5.9%-8.5%-5.6%-3.3%-5.4%-5.7%
3M Excs Rtn-7.5%-3.5%-4.5%-5.2%-1.6%-15.0%-4.8%
6M Excs Rtn-12.8%-12.3%2.7%-4.1%0.3%-16.8%-8.2%
12M Excs Rtn-11.1%5.0%6.1%-16.3%15.7%-29.5%-3.0%
3Y Excs Rtn-52.6%-5.5%-42.4%-34.1%-32.2%-62.8%-38.3%

Comparison Analyses

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FDA Approved Drugs Data

Expand for More
Post-Approval Fwd Returns
FDA
App #
Brand
Name
Generic
Name
Dosage
Form
FDA
Approval
3M
Rtn
6M
Rtn
1Y
Rtn
2Y
Rtn
Total
Rtn
ANDA215615  METHAZOLAMIDEmethazolamidetablet1018202221.3%16.8%20.6%43.9%49.8%
ANDA212857  DEXMEDETOMIDINE HYDROCHLORIDEdexmedetomidine hydrochlorideinjectable112320207.7%22.6%50.1%18.7%57.6%
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Post-Approval Fwd Returns
FDA
App #
Brand
Name
Generic
Name
Dosage
Form
FDA
Approval
3M
Rtn
6M
Rtn
1Y
Rtn
2Y
Rtn
Total
Rtn
ANDA215615  METHAZOLAMIDEmethazolamidetablet1018202221.3%16.8%20.6%43.9%49.8%
ANDA212857  DEXMEDETOMIDINE HYDROCHLORIDEdexmedetomidine hydrochlorideinjectable112320207.7%22.6%50.1%18.7%57.6%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Real Estate Operations845767708657 
Other income    3
Rental income    559
Total845767708657562


Assets by Segment
$ Mil20252024
Real Estate Operations7,2086,833
Total7,2086,833


Price Behavior

Price Behavior
Market Price$37.27 
Market Cap ($ Bil)7.1 
First Trading Date04/15/2011 
Distance from 52W High-11.3% 
   50 Days200 Days
DMA Price$38.67$37.72
DMA Trendupup
Distance from DMA-3.6%-1.2%
 3M1YR
Volatility23.2%20.5%
Downside Capture-2.1730.22
Upside Capture-11.8433.68
Correlation (SPY)6.8%22.8%
STAG Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta0.530.100.210.380.390.67
Up Beta-0.73-0.330.050.120.380.72
Down Beta2.711.020.850.770.570.69
Up Capture26%-4%2%32%28%29%
Bmk +ve Days11223567138427
Stock +ve Days12223163125384
Down Capture19%-18%2%37%35%86%
Bmk -ve Days11212859114326
Stock -ve Days10213161122361

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with STAG
STAG11.0%20.5%0.40-
Sector ETF (XLRE)11.4%14.0%0.5363.6%
Equity (SPY)23.1%12.9%1.3422.8%
Gold (GLD)25.4%28.3%0.7914.2%
Commodities (DBC)29.5%19.8%1.19-17.3%
Real Estate (VNQ)14.4%13.7%0.7470.0%
Bitcoin (BTCUSD)-44.6%42.9%-1.257.9%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with STAG
STAG2.2%23.6%0.05-
Sector ETF (XLRE)2.7%19.1%0.0479.2%
Equity (SPY)13.4%17.2%0.6057.1%
Gold (GLD)18.2%18.6%0.7912.9%
Commodities (DBC)8.1%19.6%0.317.0%
Real Estate (VNQ)2.5%18.9%0.0381.4%
Bitcoin (BTCUSD)9.9%53.0%0.3724.1%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with STAG
STAG9.0%26.2%0.35-
Sector ETF (XLRE)6.3%20.4%0.2681.3%
Equity (SPY)15.3%17.9%0.7363.1%
Gold (GLD)12.0%16.2%0.6010.9%
Commodities (DBC)7.1%18.0%0.3117.1%
Real Estate (VNQ)4.9%20.7%0.2083.6%
Bitcoin (BTCUSD)58.2%66.2%0.9817.5%

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Short Interest

Short Interest: As Of Date7152026
Short Interest: Shares Quantity7.7 Mil
Short Interest: % Change Since 63020266.1%
Average Daily Volume1.8 Mil
Days-to-Cover Short Interest4.4 days
Basic Shares Quantity191.2 Mil
Short % of Basic Shares4.0%

Earnings Returns History

Updated 8/6/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/28/2026-4.4%-7.2% 
4/28/2026-3.7%-3.8%-4.0%
2/11/2026-5.0%-1.8%-3.1%
10/29/20252.4%3.0%4.7%
7/29/2025-2.3%-1.3%3.8%
4/29/20251.0%1.4%9.8%
2/12/20250.9%0.3%1.5%
10/29/20242.0%0.6%1.1%
...
SUMMARY STATS   
# Positive131214
# Negative11129
Median Positive1.6%2.9%3.4%
Median Negative-2.7%-3.5%-4.0%
Max Positive3.9%10.0%13.1%
Max Negative-5.0%-8.0%-10.1%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/28/2026-4.4%-7.2% 
4/28/2026-3.7%-3.8%-4.0%
2/11/2026-5.0%-1.8%-3.1%
10/29/20252.4%3.0%4.7%
7/29/2025-2.3%-1.3%3.8%
4/29/20251.0%1.4%9.8%
2/12/20250.9%0.3%1.5%
10/29/20242.0%0.6%1.1%
7/30/20240.4%-3.0%-0.9%
4/30/20241.2%3.1%0.7%
2/13/20242.1%2.6%-0.0%
10/26/20230.4%10.0%13.1%
7/26/2023-3.4%-6.3%-6.0%
4/26/20232.7%5.9%2.4%
2/15/2023-1.5%-3.4%-10.1%
10/27/20223.9%2.8%2.9%
7/27/20221.6%4.7%4.1%
5/3/2022-0.1%-8.0%-8.9%
2/16/2022-1.2%-2.5%3.7%
10/28/2021-2.7%-5.5%-2.6%
7/27/20212.3%3.3%3.0%
5/4/2021-3.4%-1.8%2.4%
2/10/20210.6%0.1%5.9%
11/5/2020-1.4%-3.7%-8.2%
SUMMARY STATS   
# Positive131214
# Negative11129
Median Positive1.6%2.9%3.4%
Median Negative-2.7%-3.5%-4.0%
Max Positive3.9%10.0%13.1%
Max Negative-5.0%-8.0%-10.1%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202607/28/202610-Q
03/31/202604/28/202610-Q
12/31/202502/11/202610-K
09/30/202510/29/202510-Q
06/30/202507/29/202510-Q
03/31/202504/29/202510-Q
12/31/202402/12/202510-K
09/30/202410/29/202410-Q
06/30/202407/30/202410-Q
03/31/202404/30/202410-Q
12/31/202302/13/202410-K
09/30/202310/26/202310-Q
06/30/202307/26/202310-Q
03/31/202304/26/202310-Q
12/31/202202/15/202310-K
09/30/202210/27/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202607/28/202610-Q
03/31/202604/28/202610-Q
12/31/202502/11/202610-K
09/30/202510/29/202510-Q
06/30/202507/29/202510-Q
03/31/202504/29/202510-Q
12/31/202402/12/202510-K
09/30/202410/29/202410-Q
06/30/202407/30/202410-Q
03/31/202404/30/202410-Q
12/31/202302/13/202410-K
09/30/202310/26/202310-Q
06/30/202307/26/202310-Q
03/31/202304/26/202310-Q
12/31/202202/15/202310-K
09/30/202210/27/202210-Q
06/30/202207/27/202210-Q
03/31/202205/03/202210-Q
12/31/202102/16/202210-K
09/30/202110/28/202110-Q
06/30/202107/27/202110-Q
03/31/202105/04/202110-Q
12/31/202002/10/202110-K
09/30/202011/05/202010-Q
06/30/202007/28/202010-Q
03/31/202004/30/202010-Q
12/31/201902/12/202010-K
09/30/201910/30/201910-Q

Recent Forward Guidance

Updated 7/29/2026

Latest: Q2 2026 Earnings Reported 7/28/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q3 2026 Dividends 0.39 0.0% Same NewActual: 0.39 for Q2 2026

Prior: Q1 2026 Earnings Reported 4/28/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q2 2026 Dividends 0.39    

Q4 2025 Earnings Reported 2/11/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 2026 New and Renewal Leasing Addressed 0.69 33.1% RaisedGuidance: 0.52 for 2026
2026 2026 New and Renewal Leasing Square Footage 12.40 Mil    
2026 2026 Cash Rent Change 0.2    

Insider Activity

Updated 7/16/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Crooker, William RCEO AND PRESIDENTDirectSell223202639.1793,732  Form
2Pinard, MattsEVP, CFO AND TREASURERDirectSell223202639.1825,242988,92437,258Form
3Colbert, VirgisDirectSell223202638.0818,000685,477160,325Form
4Chase, MichaelEVP AND CIODirectSell1106202538.7513,144509,304365,084Form
5Guillemette, Larry TDirectSell924202535.202,00470,5411,361,043Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Crooker, William RCEO AND PRESIDENTDirectSell223202639.1793,732  Form
2Pinard, MattsEVP, CFO AND TREASURERDirectSell223202639.1825,242988,92437,258Form
3Colbert, VirgisDirectSell223202638.0818,000685,477160,325Form
4Chase, MichaelEVP AND CIODirectSell1106202538.7513,144509,304365,084Form
5Guillemette, Larry TDirectSell924202535.202,00470,5411,361,043Form
6Butcher, Benjamin SDirectSell905202536.9125,000922,705279,100Form
Core Cache Last Updated: 8/5/2026