STAG Industrial's Q3 net income per share rises

STAG Industrial

29/10/2025 20:49

Overview

STAG Industrial Q3 net income per share rises 13% yr/yr

Core FFO per share for Q3 increases 8.3% yr/yr

Company acquires two buildings for $101.5 mln in Q3

Outlook

STAG Industrial expects continued growth driven by disciplined execution and leasing momentum

Company highlights stable portfolio and healthy markets as key growth drivers

Result Drivers

LEASING MOMENTUM - STAG Industrial reports strong leasing activity with 2.2 million square feet commenced, resulting in a 27.2% Cash Rent Change and 40.6% Straight-Line Rent Change

ACQUISITIONS - Acquired two buildings totaling 1.0 million square feet for $101.5 mln, enhancing portfolio stability

LOAN REFINANCING - Refinanced $300 mln term loan, extending maturity to 2030, enhancing financial flexibility

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.26
Q3 Net Income
$48.59 mln
Q3 FFO
$124.70 mln
Q3 FFO Per Share
$0.66
Q3 Basic EPS
$0.26


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commercial reits peer group is "buy."

Wall Street's median 12-month price target for STAG Industrial Inc is $38.00, about 0.3% below its October 28 closing price of $38.12

The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 33 three months ago

Press Release: ID:nPn59FPyKa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)