Stag Industrial's Earnings: A Preview

Stag Industrial (NYSE:STAG) is gearing up to announce its quarterly earnings on Tuesday, 2024-10-29. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Stag Industrial will report an earnings per share (EPS) of $0.60.

The market awaits Stag Industrial's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Past Earnings Performance

During the last quarter, the company reported an EPS beat by $0.01, leading to a 0.35% increase in the share price on the subsequent day.

Here's a look at Stag Industrial's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.60

0.58

EPS Actual

0.61

0.59

0.58

0.59

Price Change %

0.0%

1.0%

2.0%

-0.0%

Tracking Stag Industrial's Stock Performance

Shares of Stag Industrial were trading at $37.05 as of October 25. Over the last 52-week period, shares are up 12.61%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on Stag Industrial

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Stag Industrial.

The consensus rating for Stag Industrial is Neutral, derived from 5 analyst ratings. An average one-year price target of $42.4 implies a potential 14.44% upside.

Analyzing Ratings Among Peers

This comparison focuses on the analyst ratings and ...