STAG Earnings Reports

STAG Industrial delivered strong revenue and net income growth in Q4 2024, driven by increased leasing activity and strategic acquisitions. The company achieved a 19.4% cash rent increase on new and renewal leases, with a high retention rate of 76.9%.

STAG Industrial reported net income of $0.23 per basic and diluted common share for Q3 2024, and Core FFO per diluted share increased by 1.7% to $0.60 compared to Q3 2023. The company acquired six buildings and two vacant land parcels during the quarter, achieving an occupancy rate of 97.1% on the total portfolio.

STAG Industrial announced strong second quarter 2024 results, with significant increases in net income, Core FFO, and Cash NOI. The company continued to expand its portfolio through strategic acquisitions and dispositions, while maintaining a high occupancy rate.

STAG Industrial reported a solid first quarter in 2024, marked by strong internal growth and robust Same Store Cash NOI growth. The company acquired one building and achieved a high occupancy rate, while also navigating capital market activities.

STAG Industrial announced strong Q4 2023 results, with significant increases in net income, Core FFO, and Cash NOI. The company also completed strategic acquisitions and dispositions, and achieved a high occupancy rate.

STAG Industrial reported a net income of $50.0 million for the third quarter of 2023, a decrease compared to the $63.3 million reported in the third quarter of 2022. Core FFO per diluted share increased by 3.5% to $0.59. The company acquired 12 buildings for $204.3 million and achieved an occupancy rate of 97.6% on the total portfolio.

STAG Industrial reported a net income of $51.6 million, or $0.29 per share, for the second quarter of 2023. Core FFO per diluted share remained consistent with the previous year at $0.56. The company achieved record leasing spreads and made strategic acquisitions and dispositions during the quarter.

STAG Industrial reported a net income of $49.4 million, or $0.28 per share, for the first quarter of 2023. Core FFO per diluted share increased by 3.8% to $0.55. The company achieved an occupancy rate of 97.6% and commenced operating portfolio leases of 4.8 million square feet, resulting in a Cash Rent Change of 25.3%.

STAG Industrial reported strong Q4 2022 results, with a 13.7% increase in Cash NOI and a 7.8% increase in Core FFO per diluted share. The company acquired one building and sold two during the quarter, achieving a high occupancy rate of 98.5% on the total portfolio.

STAG Industrial reported a strong third quarter in 2022, driven by record internal growth, despite volatility in the capital markets. The company reported $0.35 of net income per basic and diluted common share, $63.3 million of net income attributable to common stockholders, $0.57 of Core FFO per diluted share, $131.8 million of Cash NOI, $106.2 million of Same Store Cash NOI, and $87.0 million of Cash Available for Distribution.

STAG Industrial reported a positive second quarter in 2022, marked by a net income of $0.18 per basic and diluted common share and Core FFO of $0.56 per diluted share, driven by a favorable industrial environment and strong operational execution.

STAG Industrial reported a strong first quarter in 2022, with significant increases in net income, Core FFO per diluted share, and Cash NOI. The company acquired eight buildings and sold one building and one land parcel during the quarter.

STAG Industrial reported a net income of $0.50 per basic and diluted common share for Q4 2021. Core FFO per diluted share increased by 4.1% to $0.51. The company acquired 35 buildings for $689.5 million and sold eight buildings for $112.5 million during the quarter.

STAG Industrial reported a net income of $0.30 per basic and diluted common share for Q3 2021, compared to $0.15 for Q3 2020. Core FFO per diluted share increased by 15.2% to $0.53. The company acquired 24 buildings for $427.2 million and achieved an occupancy rate of 95.9% on the total portfolio.

STAG Industrial reported a strong second quarter with significant increases in net income, Core FFO, and Cash NOI. The company also completed strategic acquisitions and leasing activities, contributing to an optimistic outlook for the rest of the year.

STAG Industrial reported a decrease in net income per share compared to the previous year, but saw increases in Core FFO, Cash NOI, and Cash Available for Distribution. The company continued to expand its portfolio through acquisitions and dispositions, while also focusing on capital market activities to strengthen its financial position.

STAG Industrial reported strong Q4 2020 results, including an increase in net income per share, Core FFO, and Cash NOI. The company acquired 32 buildings and sold two, while maintaining a high occupancy rate.

STAG Industrial reported a strong third quarter, driven by the strength of the industrial sector and the team's execution, achieving historic leasing levels and an acceleration in acquisition activity.

STAG Industrial reported a positive second quarter in 2020, with an increase in net income per share, Core FFO per share, and strong occupancy rates. The company also made strategic acquisitions and dispositions during the quarter, and collected a high percentage of base rental billings.

STAG Industrial reported a strong start to 2020, with significant growth in net income, Core FFO, and Cash NOI. The company acquired nine buildings and sold three, while maintaining a high occupancy rate and raising substantial equity.

STAG Industrial reported a decrease in net income attributable to common stockholders for Q4 2019, but experienced growth in Core FFO and Cash NOI. The company also achieved a high occupancy rate and made significant acquisitions during the quarter.