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Dec 31, 2021
STAG Q4 2021 Earnings Report
STAG Industrial reported its Q4 and full year 2021 results, highlighting a management transition and continued operational excellence.
Key Takeaways
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.
Net income attributable to common stockholders was $86.2 million.
Core FFO per diluted share reached $0.51, a 4.1% increase year-over-year.
Cash NOI increased by 14.0% to $114.5 million.
Acquired 35 buildings, consisting of 6.3 million square feet for $689.5 million.
STAG
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Forward Guidance
No specific forward guidance was provided in the transcript.