|Bid||33.61 x 800|
|Ask||33.62 x 1000|
|Day's Range||33.19 - 33.67|
|52 Week Range||17.54 - 33.67|
|Beta (5Y Monthly)||1.16|
|PE Ratio (TTM)||44.58|
|Earnings Date||Oct 28, 2020 - Nov 02, 2020|
|Forward Dividend & Yield||1.44 (4.33%)|
|Ex-Dividend Date||Aug 28, 2020|
|1y Target Est||32.17|
STAG Industrial, Inc. (the "Company") (NYSE:STAG) announced today that it has signed a five and a half year lease for a total of 1 million square feet to a global leader in book publishing at a warehouse distribution facility located in Hampstead, MD. The lease was effective August 1, 2020, resulting in no downtime, has five months of free rent, minimal tenant improvements, and annual escalators of 3%.
It is now my pleasure to introduce your host, Matts Pinard, Senior Vice President, Investor Relations. On today's call, the Company's prepared remarks and answers to your questions will contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements address matters that are subject to risks and uncertainties that may cause actual results to differ from those discussed today.
Stag (STAG) delivered FFO and revenue surprises of 2.17% and 0.28%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?