30.59 -0.03 (-0.10%)
After hours: 4:17PM EDT
|Bid||30.62 x 900|
|Ask||30.60 x 800|
|Day's Range||30.28 - 30.64|
|52 Week Range||23.24 - 31.66|
|Beta (3Y Monthly)||0.62|
|PE Ratio (TTM)||50.53|
|Earnings Date||Oct 30, 2019|
|Forward Dividend & Yield||1.43 (4.72%)|
|1y Target Est||32.83|
Boston industrial REIT snaps up another new industrial building in western Pennsylvania, where it has bought around two million square feet of newly developed space in the less than two years
BOSTON , Oct. 15, 2019 /PRNewswire/ -- The Board of Directors of STAG Industrial, Inc. (the "Company") (NYSE: STAG) maintained the monthly common stock dividend at $0.119167 and declared the ...
BOSTON, Oct. 3, 2019 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (STAG) today announced that the Company will release its third quarter 2019 operating and financial results after market close on Wednesday, October 30, 2019. The Company will host its quarterly earnings conference call on Thursday, October 31, 2019 at 10:00 a.m. Eastern Time. The call can be accessed live over the phone toll-free by dialing (877) 407-4018, or for international callers, (201) 689-8471. A replay will be available shortly after the call and can be accessed by dialing (844) 512-2921, or for international callers, (412) 317-6671. The passcode for the replay is 13695298.
A look at the shareholders of STAG Industrial, Inc. (NYSE:STAG) can tell us which group is most powerful. Institutions...
BOSTON, Sept. 24, 2019 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (STAG) today announced the pricing of its public offering of an aggregate of 11,000,000 shares of its common stock, consisting of 5,500,000 shares offered directly by the Company and 5,500,000 shares offered on a forward basis in connection with the forward sale agreement described below, for gross proceeds of approximately $319.0 million. The forward purchaser (or its affiliate) and the Company have also granted the underwriters of the offering a 30-day option to purchase up to an additional 1,650,000 shares of common stock. The offering is expected to close on September 27, 2019, subject to customary closing conditions.
BOSTON, Sept. 24, 2019 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (STAG) today announced the commencement of an underwritten public offering of an aggregate of 11,000,000 shares of its common stock, consisting of 5,500,000 shares offered directly by the Company and 5,500,000 shares offered on a forward basis in connection with the forward sale agreement described below. The forward purchaser (or its affiliate) and the Company intend to grant the underwriters of the offering a 30-day option to purchase up to an additional 1,650,000 shares of common stock. The Company intends to use the net proceeds from the offering to fund acquisitions, to repay indebtedness outstanding under its $500 million unsecured credit facility (which was incurred to fund acquisitions and for working capital purposes), for working capital and other general corporate purposes, or a combination of the foregoing.
There are plenty of benefits to having an allocation to real estate in your portfolio. From income generation to having an asset class that helps fight inflation, every investor should have some allocation to real estate. For most of us that aren't high net worth investors that means either owning one or two rental properties or buying real estate investment trusts (REITs).REITs make it real estate ownership easy and without many of the hassles that come with owning a rental property. With the security type, investors can gain access to a variety of property types and locations with one ticker. And thanks to their tax structure, REITs hand back much of their cash flows as dividends. However, there is one way that being a direct property owner does win big over REITs. And that's those sweet monthly rent checks from tenants.But REIT investors may not need to fret.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThere are a handful of top-notch and high yielding REITs that do reward their shareholders every month. And with these firms, investors big and small can finally gain all the benefits of a landlord without all the hassles. * 5 Red Hot Housing Stocks Sprinting to Decade Highs With that, here are three monthly paying REITs to buy today. STAG Industrial (STAG)Source: Shutterstock Dividend Yield: 4.81%Talk about being in the right place at the right time. Thanks to rising e-commerce/omnichannel growth and a strengthening economy, STAG Industrial (NYSE:STAG) has been a winner since its IPO back 2011- offering plenty of dividend growth and capital appreciation. The key is that the firm focuses on warehouse and light industrial properties. These property types have been big winners in the shift towards reshoring and online consumerism. Rising demand and rents have simply translated into gains for STAG.But it's the kind of warehouses that STAG owns that sets it apart from rivals like Prologis (NYSE:PLD).STAG focuses on single and smaller warehouse properties. The benefit to the REIT is that often these warehouses can be bought on the cheap and below replacement costs. Secondly, tenant pricing power and quality for many of these small- and mid-size firms allows STAG to charge higher rents than other warehouse REITs. Since 2007, rents for Non-Super Primary markets -- the fancy way of saying STAG's niche -- have grown by nearly 16%. This contrasts to just 9% growth for Super Primary ones. In the end, the combination of these two factors has helped support STAG's FFO growth and dividends.To reduce risk, STAG has grown large. Today, the REIT owns more than 409 properties and no tenant makes up more than 2.1% of its warehouses. A strong balance sheet doesn't hurt either.The best part is STAG is willing to share the wealth via a growing monthly dividend. All in all, STAG could be one fo the best ways for investors to become a landlord via REITs. Apple Hospitality (APLE)Source: Shutterstock Dividend Yield: 7.31%When it comes to REITs, the lodging industry is often overlooked by investors. That's because, unlike something like an apartment building or medical office, hotel demand is very economically sensitive. So, historically, the lodging REITs have been a more volatile subsector of the market. But there are ways to reduce that risk and score a monthly dividend. Case in point, Apple Hospitality (NYSE:APLE).APLE owns 234 hotels across 38 states. Like previously mentioned STAG, the win for Apple comes down to its niche. The hotelier focuses on so-called select-service or room's focused hotel properties. These fall within middle ground between budget conscience travelers and upper-scale consumers. Moreover, select-service hotels tend to be frequented by business travelers who aren't very price-sensitive given then tend to use expense accounts or receive reimbursements for travel. Top brands in APLE's portfolio include Hilton's (NYSE:HLT) Embassy Suites and Marriott's (NASDAQ:MAR) Courtyard, Residence Inn, and TownePlace Suites concepts.What's great about the middle ground is that operating margins tend to be better than even upscale hotels. There's less demand from clients, but the rooms are still nice and command a premium over budget hotels. As a result, Apple has some of the best operating margins in the lodging sector while still maintaining high revenues-per-available-room (RevPAR) numbers. * 7 Stocks to Buy Under $10 And it's used those margins to reduce debt, expand its portfolio of hotels and pay a steady 7.31% monthly dividend. LTC Properties Inc (LTC)Source: Shutterstock Dividend Yield: 4.50%Rising healthcare spending and the continued "Graying of America" could easily be two of the biggest megatrends facing investors these days. Better and greater access to healthcare solutions is only increasing longevity and our lifespans. That's a major problem considering the specialized facilities needed to care for the elderly. Luckily, LTC Properties (NYSE:LTC) is up to the task.The LTC stands for Long-Term Care and REIT invests in senior housing and assisted living facilities. This is a particularly sweet spot in the medical property market as demand for these facilities continues to grow as longevity rises and more seniors need aid. Even better is that private-pay facilities can generate very high margins from tenants. Currently, LTC has about 200 properties under its umbrella. However, it continues to add deals that are instantly accreditive to its bottom line.The cool thing about LTC is that it is considered a hybrid REIT. That is, it owns both physical properties as well as invests in mortgages/provides loans to other developers. This creates a varied income stream for the REIT that helps pads its bottom line. Also helping is that fact that LTC doesn't operate the facilities, it just simply collects a rent check. This eliminates many of the risks associated with the healthcare sector.What it all really does is make LTC an earnings machine. Last quarter, FFO did rise slightly despite plenty of building/construction activity for the REIT. Meanwhile, LTC has managed to raise its monthly dividend 32% since 2010. Currently, LTC yields 4.5%.Disclosure: At the time of writing, Aaron Levitt did not have a position in any stock mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy Under $10 * 30 Marijuana Stocks to Buy as the Future Turns Green * 7 Consumer Stocks Ready to Rally Hard The post Be Your Own Landlord With These 3 Monthly Paying REITs appeared first on InvestorPlace.
EVP, GC and Secretary of Stag Industrial Inc (30-Year Financial, Insider Trades) Jeffrey M Sullivan (insider trades) sold 35,815 shares of STAG on 09/04/2019 at an average price of $29.37 a share. Continue reading...
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. But more than...
Ben Butcher has been the CEO of STAG Industrial, Inc. (NYSE:STAG) since 2010. This analysis aims first to contrast CEO...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of STAG Industrial Operating Partnership, L.P. New York, August 08, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of STAG Industrial Operating Partnership, L.P. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Stag (STAG) delivered FFO and revenue surprises of 0.00% and -0.99%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
[Editor's note: "6 Monthly Dividend Stocks to Buy" was previously published in March 2019. It has since been updated to include the most relevant information available.]Most dividend stocks pay their shareholders quarterly, but a few dividend-yielding stocks offer monthly distributions. The group is small: less than 100, with many of the offerings being exchange-traded funds (ETFs) or closed-end actively managed funds. And so investors looking for monthly dividend stocks to buy are limiting their universe quite a bit.But there are quite a few attractive dividend-yielding stocks that pay out monthly. Several offer compelling cases for both their upside and safe dividends, with attributes that go beyond simply the timing of their distributions.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Oversold Stocks To Buy Right Now These six stocks all fit that bill, offering not only monthly dividends but potential share price appreciation and reasonable payout ratios. Realty Income (O)Realty Income (NYSE:O) is the best-known of the monthly dividend payers, to the point that it has trademarked the slogan "The Monthly Dividend Company."In terms of past performance, the monthly payouts have been just the cherry on top of a delicious sundae. O stock has returned -- including dividends -- an average of 15.8% annually since 1994, according to a investor presentation. It has been one of the best-performing real estate investment trusts in the market over that stretch.O stock has become much more expensive over the past few months, bouncing more than 25% over the last year. But there's still a nice bull case at the moment. O yields nearly 4%,The portfolio looks both safe and nicely diversified, with Walgreens Boots Alliance (NASDAQ:WBA) and FedEx (NYSE:FDX) being its two largest tenants. Considering Realty Income's track record, it's worth staying long.Source: Shutterstock LTC Properties (LTC)Like with O stock, there's still a solid bull case for senior housing and healthcare property REIT LTC Properties (NYSE:LTC).With the "baby boom" generation aging, demand should stay strong. Meanwhile, LTC still yields nearly 5%. * 7 Oversold Stocks To Buy Right Now There are some risks here: investors are concerned that changing healthcare insurance reimbursement policies will impact LTC's tenants. The stock actually hit a five-year low earlier this year as a result. But sentiment has improved -- and should continue to do so. With LTC still trading at a reasonable 11.9 P/E, the shares could rally. Add to that its yield, paid monthly, and it's definitely worth a look.Source: Shutterstock Shaw Communications (SJR)Canadian telecommunications company Shaw Communications (NYSE:SJR) hasn't posted particularly strong performance over the past few years. SJR actually has declined 3.5% over the past year.There are some concerns about the wireless industry in Canada, much as there are in the U.S.But with a 4.34% dividend yield and an 20.04x forward price-to-earnings multiple, SJR isn't pricing in much improvement. With 5G a potential catalyst in the mid-term, there's a nice case for SJR stock at current levels.Dividends are announced in Canadian dollars, which can affect the payouts received by American investors. Still, a monthly dividend, a 4.6%-plus yield and a potential upside provide a nice combination here.Source: Marriott Select Service Hotels via Flickr (Modified) Apple Hospitality REIT (APLE)Apple Hospitality REIT (NYSE:APLE) owns 241 hotels in the U.S. -- 115 of the hotels operate under the Marriott (NASDAQ:MAR) banner, with the remaining 126 flying under the Hilton (NYSE:HLT) flag.Those two strong brands underpin a strong portfolio. Geographic diversification limits downside risk as well. With an impressive 7.7% yield paid monthly, that makes APLE one of the best dividend-yielding stocks in terms of monthly income. * 7 Oversold Stocks To Buy Right Now The story admittedly isn't perfect. Growth has been relatively meager, and APLE's dividend has stayed at 10 cents per share per month since a 2015 IPO. Investors would have been much better off buying either MAR or HLT, both of which have better than doubled from early 2016 lows.But for income-focused investors, APLE looks like a strong pick.Source: Shutterstock Pembina Pipeline (PBA)Pembina Pipeline (NYSE:PBA) is the biggest company on this list and the riskiest. Pipeline companies generally are lower-risk plays in the oil and gas space, but Pembina does have some concerns. Canadian oil stocks have struggled of late, and Pembina levered up to acquire Veresen last year.That said, there's still a lot to like here. Earnings increased in the double-digits last year, largely due to the acquisition. PBA pays a solid 4.9% dividend. Valuation is relatively reasonable against U.S. rivals like Kinder Morgan (NYSE:KMI) and Plains All American Pipeline (NYSE:PAA).If Pembina can continue to grow once the Veresen acquisition is fully integrated, there should be nice upside on top of the nearly 5% yield.Source: Shutterstock STAG Industrial (STAG)STAG Industrial (NYSE:STAG) isn't necessarily a spectacular stock, but it's one that can drive steady long-term returns along with monthly payouts. The company leases industrial buildings to single tenants and has a nicely diversified portfolio from both a customer and geographic standpoint. The average lease length currently is nearly five years, which should keep recent dividend growth intact. * 7 Oversold Stocks To Buy Right Now Longer-term, there are minor concerns. Valuation isn't cheap, with a forward P/E of 73. An economic downturn could lead to lease cancellations or even customer bankruptcies. Investors focused on value might want to wait for a cheaper price than the current stock price of $30.But investors looking for growing monthly dividend payouts don't have a ton of options, and STAG very well might be the best one.As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Oversold Stocks To Buy Right Now * 7 Stocks to Buy Upgraded by Wall Street * 7 Marijuana Stocks With Critical Levels to Watch The post 6 Monthly Dividend Stocks to Buy appeared first on InvestorPlace.
Readers hoping to buy STAG Industrial, Inc. (NYSE:STAG) for its dividend will need to make their move shortly, as the...
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
BOSTON, July 16, 2019 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (STAG) today announced that it closed a new $200 million unsecured term loan on July 12, 2019. The new term loan matures on January 12, 2025, bears a current interest rate of LIBOR plus a spread of 1.00%, and features a twelve-month delayed-draw feature. The new term loan includes an accordion feature that allows the Company to increase the aggregate size of the term loan to $400 million, subject to certain conditions.
Editor's note: This story was previously published in May 2019. It has since been updated and republished.Real estate stocks have become a popular income investment vehicle. Most operate as real estate investment trusts (REITs). These REITs are supposed to pay at least 90% of their income in the form of dividends. In exchange, REIT do not have to pay income tax on the net income generated from their properties.For this reason, REITs tend to pay higher dividends than most stocks. The average S&P 500 stock now generates a dividend yield of 1.9%. The average equity (meaning non-mortgage) REIT currently yields an average 3.9% return.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks That Should Be Every Young Investor's First Choice However, some pay a much higher dividend and can sustain that payout for several years. This occurs even as lifestyle changes and technology affect the demand for and use of properties. In our dynamic economy, these five real estate stocks have maintained strong, steady dividends amid the changes, Consequently, I believe they are good stocks to buy Kite Realty (KRG)At first glance, Kite Realty (NYSE:KRG) may seem like a strange name to include on a list of real estate stocks to buy. In an overbuilt retail real estate market, many investors want to avoid the retail REIT sector in which KRG operates.Source: m01229 via FlickrHowever, investors need to remember that brick-and-mortar retail is not dying, it is merely shrinking. Hence, prospective buyers should not necessarily avoid these stocks. Amid the abandoned malls across the landscape, retail REITs such as KRG stock have found a way to thrive.Kite Realty has the good fortune (or good business sense) of owning property mostly in high-growth markets. Even in an overbuilt market, KRG maintains high occupancy and lease rates. Moreover, it is reshuffling its portfolio to increase this geographic focus. This has led to increased buying among insiders and hedge funds.This may explain why the KRG stock price has begun to recover. KRG fell from just above $30 per share in 2016 before opening 2019 near its $13.66 52-week low. However, since then the stock has risen to above $15 per share.The dividend has increased every year since 2014. Thanks to these payout hikes and a falling stock price, the $1.27 per share annual dividend yields above 8%. Retail REITs may look scary right now, but even in this depressed retail real estate market, KRG stock can still offer generous dividend yields at a reasonable price, so it definitely deserves to be included on a list of real estate stocks to buy for dividend income. Omega Healthcare (OHI)Omega Healthcare (NYSE:OHI) is an equity REIT specializing in skilled nursing and assisted living facilities across the U.S. and U.K. The company operates under a "triple-net" arrangement, meaning the lessor takes responsibility for taxes, insurance, and maintenance costs.Source: Shutterstock Thanks to the aging of the baby boom generation, around 10,000 people per day age into the Medicare system. Hence, demographics serve as the growth engine for this and many real estate stocks of this type.The peak of the baby boom occurred in 1957, meaning this trend should peak in 2022. However, I think this growth should remain strong until 2029 when the last of the baby boom generation reaches age 65.The dividend has enjoyed a steady growth trend since 2003. Today, the company pays an annual dividend of $2.64 per share. This takes the yield to just below 7%. * 7 F-Rated Stocks to Sell for Summer Unlike many REITs, OHI stock may bring some stock price growth. The forward P/E stands at about 28. This may seem high for a REIT. However, analysts forecast an average growth rate of 15.8% per year over the next five years.For this reason, both the dividend and the price of OHI stock should move higher over the next few years. Like with all healthcare REITs, I think investors need to stay mindful of demographics. However, as long as baby boomers keep aging into Medicare, I believe OHI will continue to prosper, justifying its inclusion on this list of real estate stocks to buy for dividend income. Senior Housing Properties Trust (SNH)As the name implies, Senior Housing Properties Trust (NYSE:SNH) operates 443 properties spread across 42 states and Washington, D.C. These consist of medical facilities, wellness centers, and communities for senior living spread across the United States. Like Omega, SNH stock should also benefit from a large baby boom generation aging into Medicare.Source: WikipediaThe annual dividend currently stands at 60 cents per share, leading to a yield of 6.94%.Like many real estate stocks, SNH tends to see little price movement. SNH stock traded at about $9 per share at the time of its IPO in 2000. It sells for around $8.65 per share today and has fallen from a high above $28 per share in 2013.If history serves as an indication, I would expect little price appreciation. However, for those who want a high dividend that should hold up for most of the next decade, SNH stock will serve that purpose well, making it one of the top five real estate stocks to buy for dividend income. STAG Industrial (STAG)STAG Industrial (NYSE:STAG) buys and operates single-tenant industrial properties across the United States. It owns 76.8 million sq. feet of space spread across 390 properties in 37 states.Source: Shutterstock STAG stock and other industrial real estate stocks have benefited from an unexpected source of revenue over the last few years -- e-commerce. As more retail business moves online, a large portion of retail real estate activity has moved into warehouses.Thanks to Amazon (NASDAQ:AMZN) and other e-retailers, industrial space has rented as a premium. This premium has gone into profits, and by extension, dividends. Investors now receive 48 cents per share annually, a yield of 4.65%. Best of all, payouts come in the form of monthly dividends that have grown steadily over time. * 7 Stocks to Buy for a Dovish Fed Moreover, the dividend should become a more critical component of STAG stock as growth slows down. After seeing an average 65% annual growth rate in the previous five years, analysts forecast growth of only 7% per year for the next five years. As a result, the stock has almost tripled since its low in 2011. I would expect with slower growth, the move higher should stop.Still, blurring the line between industrial and retail properties has permanently changed the industry for STAG. The business created by e-commerce will not go away. Even if growth in the STAG stock price slows, expect the equity to maintain its stable, high-yielding monthly dividend, making it a top real estate stock to buy for dividend income. Vereit (VER)Vereit (NYSE:VER) is one of the few equity real estate stocks that does not limit itself to one property type. This diversified REIT owns and operates industrial, office, restaurant, and retail properties across the country.Source: lee via FlickrIts portfolio consists of 95 million square feet spread across approximately 4,000 properties. The REIT owns buildings in 49 U.S. states as well as Puerto Rico.VER stock had peaked at just above $15 per share in 2013, and it has declined for most of the time since. However, after bottoming at $6.52 nearly a year ago, the equity has turned around. Today, it trades at around $9, near its 52-week high. While I would not rule out a recovery, I would still recommend this primarily for income investors.The dividend has delivered stability and steady increases over the same time frame. Right now, VER pays an annual dividend of 56 cents per share. That comes to a yield of about 6.02%. Though the company does not increase the dividend annually, it did hike the quarterly payout in 2018 and 2015, the year it switched from monthly to quarterly dividends.Time will tell whether the VER stock price continues its move higher. Still, with a diversified real estate portfolio and steady, high-yield dividends, income investors should do well in Vereit regardless of the price action, so it's definitely one of the top five real estate stocks to buy for dividend income.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Trade War Stocks With a Lot of Risk * 7 Bond ETFs to Buy * 10 Stocks That Could Squeeze Short Sellers, Including CGC The post 5 Real Estate Stocks to Buy for Dividend Income appeared first on InvestorPlace.
BOSTON, July 1, 2019 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (STAG) today announced that the Company will release its second quarter 2019 operating and financial results after market close on Tuesday, July 30, 2019. The Company will host its quarterly earnings conference call on Wednesday, July 31, 2019 at 10:00 a.m. Eastern Time. The call can be accessed live over the phone toll-free by dialing (877) 407-4018, or for international callers, (201) 689-8471. A replay will be available shortly after the call and can be accessed by dialing (844) 512-2921, or for international callers, (412) 317-6671. The passcode for the replay is 13692201.
Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]
STAG Industrial Inc NYSE:STAGView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for STAG with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting STAG. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold STAG had net inflows of $622 million over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.