STAG Industrial Reports Decline in Q1 Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 29 2026
0mins
Should l Buy STAG?
Source: NASDAQ.COM
- Earnings Decline: STAG Industrial reported Q1 earnings of $61.96 million, or $0.32 per share, down from $91.34 million and $0.49 per share last year, indicating significant profitability challenges faced by the company.
- Revenue Growth: Despite the earnings drop, the company achieved a 9.1% increase in revenue, reaching $224.21 million compared to $205.57 million last year, suggesting some resilience in sales performance.
- Market Reaction: The substantial decline in earnings may negatively impact investor confidence, particularly as the company failed to maintain last year's profit levels, potentially leading to stock price volatility and increased market scrutiny.
- Future Outlook: STAG Industrial must implement effective strategies to address the challenges of declining earnings, ensuring that revenue growth translates into sustainable profitability to enhance market competitiveness and attract investor confidence.
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Analyst Views on STAG
Wall Street analysts forecast STAG stock price to rise
10 Analyst Rating
3 Buy
7 Hold
0 Sell
Moderate Buy
Current: 38.550
Low
38.00
Averages
40.90
High
46.00
Current: 38.550
Low
38.00
Averages
40.90
High
46.00
About STAG
STAG Industrial, Inc. is a real estate investment trust (REIT), which is focused on the acquisition, ownership and operation of industrial properties throughout the United States. Its platform is designed to identify properties for acquisition that offer relative value across CBRE-EA Tier 1 industrial property types and tenants through the principled application of its proprietary risk assessment model; provide growth through sophisticated industrial operation and an attractive opportunity set, and capitalize on its business appropriately given the characteristics of its assets. The Company's portfolio consists of approximately 603 buildings in 41 states. It owns all of its properties and conducts substantially all of its business through STAG Industrial Operating Partnership, L.P. (Operating Partnership).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
STAG Industrial Q1 2026 Earnings Call Insights
- Leasing Activity Rebound: Since early 2025, STAG has signed 8 leases totaling 1.6 million square feet, indicating a reversal in the multiyear weakness in demand for big box products, thereby enhancing the company's competitive position in the data center leasing market.
- Strong Financial Performance: Core FFO per share for Q1 was $0.65, reflecting a 6.6% year-over-year increase, while liquidity stood at $806 million, demonstrating the company's financial resilience and potential for sustained growth amid market fluctuations.
- Increased Development Activity: As of the end of Q1, STAG has 7 buildings or 1.8 million square feet of development activity underway, with an expected stabilized yield of 7.1%, laying a solid foundation for future revenue growth.
- Guidance Maintained: Management has maintained its full-year guidance, including cash leasing spreads of 18%-20% and market rent growth of 0%-2%, reflecting confidence in market stability and providing clear outlook guidance for investors.
See More
STAG Industrial Declares Quarterly Dividend of $0.3875 per Share
- Quarterly Dividend Declaration: STAG Industrial has declared a quarterly dividend of $0.3875 per share, consistent with previous distributions, indicating the company's commitment to maintaining stable cash flow and shareholder returns.
- Yield Analysis: The forward yield of 4.05% reflects the company's attractiveness in the current market environment, potentially drawing in more income-focused investors looking for reliable returns.
- Shareholder Record Dates: The dividend is payable on July 15, with a record date of June 30 and an ex-dividend date also set for June 30, ensuring shareholders receive their dividends in a timely manner.
- Future Financial Outlook: STAG Industrial outlines a core FFO guidance of $2.60 to $2.64 per share for 2026, projecting cash leasing spreads of 18% to 20%, which highlights the company's growth potential and stability moving forward.
See More
STAG Industrial Reports Decline in Q1 Earnings
- Earnings Decline: STAG Industrial reported Q1 earnings of $61.96 million, or $0.32 per share, down from $91.34 million and $0.49 per share last year, indicating significant profitability challenges faced by the company.
- Revenue Growth: Despite the earnings drop, the company achieved a 9.1% increase in revenue, reaching $224.21 million compared to $205.57 million last year, suggesting some resilience in sales performance.
- Market Reaction: The substantial decline in earnings may negatively impact investor confidence, particularly as the company failed to maintain last year's profit levels, potentially leading to stock price volatility and increased market scrutiny.
- Future Outlook: STAG Industrial must implement effective strategies to address the challenges of declining earnings, ensuring that revenue growth translates into sustainable profitability to enhance market competitiveness and attract investor confidence.
See More
STAG Industrial Q1 Earnings Beat Expectations
- Earnings Beat: STAG Industrial reported Q1 core FFO of $0.65 per share, exceeding Wall Street estimates by a penny, although it slightly decreased from $0.66 in Q4 2025, indicating resilience in maintaining stable earnings.
- Revenue Growth: The company achieved Q1 revenue of $224.2 million, surpassing the $222.3 million consensus, and increased from $220.9 million in the previous quarter and $205.6 million a year ago, reflecting strong market performance.
- Strong Leasing Activity: During the quarter, STAG commenced leases totaling 6.00 million square feet, resulting in a cash rent change of 20.9% and a straight-line rent change of 39.6%, showcasing the company's active engagement and growth potential in the leasing market.
- Acquisition and Capital Allocation: The company acquired a building of 748,833 square feet for $80.7 million during the quarter, with a cash capitalization rate of 6.1%, demonstrating strategic decision-making in expanding its asset portfolio.
See More
STAG Industrial Reports Q1 Core FFO of $0.65
- Core FFO Performance: STAG Industrial reported a Q1 core funds from operations of $0.65 per diluted share late Tuesday, indicating the company's ongoing ability to maintain stable cash flow despite uncertainties in the market.
- Financial Stability: This performance reflects STAG's robust standing in the Real Estate Investment Trust (REIT) sector, demonstrating its capacity to sustain positive cash flow amid economic fluctuations, thereby enhancing investor confidence in its long-term value.
- Market Reaction: While no detailed market expectations were provided for comparison, the $0.65 core FFO performance may influence investor perceptions of STAG's future growth potential, particularly in the current economic climate.
- Strategic Outlook: STAG Industrial's financial results support its future investment decisions, potentially prompting the company to adopt a more aggressive strategy in expanding its asset portfolio to navigate market changes.
See More
STAG Industrial Set to Release Q1 Earnings on April 28
- Earnings Announcement: STAG Industrial is set to announce its Q1 2023 earnings on April 28 after market close, with consensus estimates predicting a funds from operations (FFO) of $0.64 per share and revenues of $222.35 million, indicating solid performance amid steady growth.
- Long-Term Growth Guidance: The company has outlined a core FFO guidance of $2.60 to $2.64 per share for 2026, while projecting cash leasing spreads of 18% to 20%, suggesting a strong potential for sustainable earnings growth in the coming years.
- Healthy Leasing Activity: STAG Industrial reported Q4 earnings and revenues that exceeded market expectations, reflecting robust leasing activity, which not only boosts investor confidence but also lays a solid foundation for the company's future financial performance.
- Investment Appeal: STAG Industrial is viewed as an attractive investment option, offering nearly a 4% yield and demonstrating stability in a volatile market, appealing to investors seeking consistent returns.
See More
STAG Industrial Q1 2026 Earnings Call Insights
- Leasing Activity Rebound: Since early 2025, STAG has signed 8 leases totaling 1.6 million square feet, indicating a reversal in the multiyear weakness in demand for big box products, thereby enhancing the company's competitive position in the data center leasing market.
- Strong Financial Performance: Core FFO per share for Q1 was $0.65, reflecting a 6.6% year-over-year increase, while liquidity stood at $806 million, demonstrating the company's financial resilience and potential for sustained growth amid market fluctuations.
- Increased Development Activity: As of the end of Q1, STAG has 7 buildings or 1.8 million square feet of development activity underway, with an expected stabilized yield of 7.1%, laying a solid foundation for future revenue growth.
- Guidance Maintained: Management has maintained its full-year guidance, including cash leasing spreads of 18%-20% and market rent growth of 0%-2%, reflecting confidence in market stability and providing clear outlook guidance for investors.
See More
STAG Industrial Declares Quarterly Dividend of $0.3875 per Share
- Quarterly Dividend Declaration: STAG Industrial has declared a quarterly dividend of $0.3875 per share, consistent with previous distributions, indicating the company's commitment to maintaining stable cash flow and shareholder returns.
- Yield Analysis: The forward yield of 4.05% reflects the company's attractiveness in the current market environment, potentially drawing in more income-focused investors looking for reliable returns.
- Shareholder Record Dates: The dividend is payable on July 15, with a record date of June 30 and an ex-dividend date also set for June 30, ensuring shareholders receive their dividends in a timely manner.
- Future Financial Outlook: STAG Industrial outlines a core FFO guidance of $2.60 to $2.64 per share for 2026, projecting cash leasing spreads of 18% to 20%, which highlights the company's growth potential and stability moving forward.
See More
STAG Industrial Reports Decline in Q1 Earnings
- Earnings Decline: STAG Industrial reported Q1 earnings of $61.96 million, or $0.32 per share, down from $91.34 million and $0.49 per share last year, indicating significant profitability challenges faced by the company.
- Revenue Growth: Despite the earnings drop, the company achieved a 9.1% increase in revenue, reaching $224.21 million compared to $205.57 million last year, suggesting some resilience in sales performance.
- Market Reaction: The substantial decline in earnings may negatively impact investor confidence, particularly as the company failed to maintain last year's profit levels, potentially leading to stock price volatility and increased market scrutiny.
- Future Outlook: STAG Industrial must implement effective strategies to address the challenges of declining earnings, ensuring that revenue growth translates into sustainable profitability to enhance market competitiveness and attract investor confidence.
See More
STAG Industrial Q1 Earnings Beat Expectations
- Earnings Beat: STAG Industrial reported Q1 core FFO of $0.65 per share, exceeding Wall Street estimates by a penny, although it slightly decreased from $0.66 in Q4 2025, indicating resilience in maintaining stable earnings.
- Revenue Growth: The company achieved Q1 revenue of $224.2 million, surpassing the $222.3 million consensus, and increased from $220.9 million in the previous quarter and $205.6 million a year ago, reflecting strong market performance.
- Strong Leasing Activity: During the quarter, STAG commenced leases totaling 6.00 million square feet, resulting in a cash rent change of 20.9% and a straight-line rent change of 39.6%, showcasing the company's active engagement and growth potential in the leasing market.
- Acquisition and Capital Allocation: The company acquired a building of 748,833 square feet for $80.7 million during the quarter, with a cash capitalization rate of 6.1%, demonstrating strategic decision-making in expanding its asset portfolio.
See More
STAG Industrial Reports Q1 Core FFO of $0.65
- Core FFO Performance: STAG Industrial reported a Q1 core funds from operations of $0.65 per diluted share late Tuesday, indicating the company's ongoing ability to maintain stable cash flow despite uncertainties in the market.
- Financial Stability: This performance reflects STAG's robust standing in the Real Estate Investment Trust (REIT) sector, demonstrating its capacity to sustain positive cash flow amid economic fluctuations, thereby enhancing investor confidence in its long-term value.
- Market Reaction: While no detailed market expectations were provided for comparison, the $0.65 core FFO performance may influence investor perceptions of STAG's future growth potential, particularly in the current economic climate.
- Strategic Outlook: STAG Industrial's financial results support its future investment decisions, potentially prompting the company to adopt a more aggressive strategy in expanding its asset portfolio to navigate market changes.
See More
STAG Industrial Set to Release Q1 Earnings on April 28
- Earnings Announcement: STAG Industrial is set to announce its Q1 2023 earnings on April 28 after market close, with consensus estimates predicting a funds from operations (FFO) of $0.64 per share and revenues of $222.35 million, indicating solid performance amid steady growth.
- Long-Term Growth Guidance: The company has outlined a core FFO guidance of $2.60 to $2.64 per share for 2026, while projecting cash leasing spreads of 18% to 20%, suggesting a strong potential for sustainable earnings growth in the coming years.
- Healthy Leasing Activity: STAG Industrial reported Q4 earnings and revenues that exceeded market expectations, reflecting robust leasing activity, which not only boosts investor confidence but also lays a solid foundation for the company's future financial performance.
- Investment Appeal: STAG Industrial is viewed as an attractive investment option, offering nearly a 4% yield and demonstrating stability in a volatile market, appealing to investors seeking consistent returns.
See More
