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Sep 30, 2024
STAG Q3 2024 Earnings Report
STAG executed its business plan, bringing the company closer to achieving its goals for 2024.
Key Takeaways
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.
Net income per basic and diluted common share was $0.23.
Core FFO per diluted share increased by 1.7% to $0.60.
Cash NOI was $148.4 million.
Acquired six buildings consisting of 613,839 square feet for $113.0 million.
Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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