Stag Industrial (STAG) reported $189.78 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 10.5%. EPS of $0.61 for the same period compares to $0.29 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $187.04 million, representing a surprise of +1.47%. The company delivered an EPS surprise of +3.39%, with the consensus EPS estimate being $0.59.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

Stag Industrial (STAG) came out with quarterly funds from operations (FFO) of $0.61 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to FFO of $0.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 3.39%. A quarter ago, it was expected that this industrial real estate investment trust would post FFO of $0.58 per share when it actually produced FFO of $0.59, delivering a surprise of 1.72%.Over the las ...

公司概况 - 公司组织架构发生变化，董事会增加1名成员[170] - 公司拥有541栋工业大楼,总面积约107.8百万平方英尺,占总投资组合的94.5%[207] - 公司鼓励投资者不仅关注同店业绩,也关注整个投资组合的业绩,因为公司有历史和未来的增长[206] - 公司拥有约97.9%的营运合伙企业权益[290] 宏观经济环境 - 公司业务受到宏观经济环境的影响,包括高通胀、加息、银行业动荡和地缘政治局势等[172] - 公司认为当前经济环境波动性大但也为公司带来机遇,公司的多元化布局和资本结构有利于在不确定环境中表现良好[173] 租赁业务表现 - 公司的租赁业务在当前环境下保持较高的出租率和租金水平[176] - 公司新签租约和续租的租金变化情况[183] - 同店物业的占用率从2023年6月30日的97.8%下降到2024年6月30日的97.4%,下降约0.4%[207] - 公司在2024年7月1日至2025年6月30日期间,约9.1%的总租金收入将到期[188] - 公司预计到期租约的新租金将高于现有租约,从而导致同一空间的收入增加[188] - 公司的物业运营费用主要由租户承担,但也有一些修改总租和总租约,需要公司承担部分费用[186][187] 资产收购与出售 - 公司在2024年6月30日前收购了11栋大楼,总面积为289.1万平方英尺,总收购价格为2.84亿美元[193] - 公司在2024年上半年共出售了7栋大楼,总面积约110万平方英尺,获得净收益约7570万美元,并确认了约2310万美元的全部收益[195] 租户结构 - 公司前20大市场占总租金收入的58.1%,前20大行业占总租金收入的82.5%,前20大租户占总租金收入的16.4%[197][200][203] 财务表现 - 同店租金收入增加约820万美元，增长4.9%[213] - 同店其他收费增加约220万美元，增长7.6%[215] - 收购新物业为净营业收入贡献约590万美元[219] - 出售物业减少净营业收入约200万美元[219] - 其他资产(灵活/办公楼、增值组合、待售物业等)为净营业收入贡献约370万美元[222] - 折旧和摊销费用增加约680万美元，增长9.9%[224] - 确认约500万美元的减值损失[224] - 获得约570万美元的非自愿转换收益[226] - 出售租赁物业收益增加约560万美元，增长31.7%[226] - 利息费用增加约450万美元，增长19.7%[226] - 公司总体营收增长9.3%,达到3.773亿美元[228] - 同店租金收入增长5.2%,达到3.519亿美元[232] - 同店其他收费收入增长10.7%,达到6,730万美元[234] - 同店运营费用增长6.2%,达到7,086万美元[236] - 新收购物业贡献净营业收入900万美元[239] - 已出售物业贡献净营业收入160万美元[239] - 其他资产贡献净营业收入690万美元[241] - 总其他费用增加7.3%,达到1.776亿美元[243] - 总其他收支净支出增加216.8%,达到2,463万美元[245] - 净利润下降4.7%,为9,853万美元[230] 现金流与资本结构 - 经营活动产生的现金流增加31.2百万美元至2.274亿美元,主要由于新收购物业带来的现金流增加以及现有物业经营表现良好[258] - 投资活动使用的现金流增加2.22亿美元至2.476亿美元,主要由于2024年上半年收购11栋建筑和1块土地[259] - 融资活动产生的现金流增加2.157亿美元至3.287亿美元,主要由于发行4.5亿美元的无担保票据[260] - 截至2024年6月30日,公司总即时流动性约为9.751亿美元,包括9.029亿美元的现金及信用额度和4.15亿美元的股票发行收益[264] - 公司有1.27亿美元的无担保信贷额度、10.25亿美元的无担保贷款和16.5亿美元的无担保票据[267][269][271] - 公司总债务本金为28.064亿美元,加权平均期限为4.7年[279] - 无担保债务占比99.8%,未来12个月到期债务占比8.0%[280] - 公司净债务占房地产成本基础的比率为37.4%[280] - 公司正在积极寻求新的融资机会以确保适当的资本结构[282] - 公司使用利率掉期合约来管理浮动利率债务的利率风险[291][292][294][295] - 截至2024年6月30日,公司有1.152亿美元的浮动利率债务,除信用额度外其他浮动利率债务均已通过利率掉期合约固定利率[299] - 如果利率上升100个基点,公司的利息费用将增加约60万美元[299] - 公司已发行227,146股和567,112股的远期股票期权,预计将于2025年3月31日和2025年1月9日分别结算[288][289] 公司会计政策 - 公司的关键会计政策和估计在2023年12月31日的年度报告中有详细讨论[205] - 公司计算FFO时不将其视为净收入的替代指标,而是将其与GAAP报告的净收入进行比较[248][249][250] - 公司使用NOI作为净收入的补充绩效指标,以了解公司建筑的核心运营情况[253][254] 未来发展 - 公司预计未来工业地产需求将持续增长,受益于电商发展、供应链重构和

1 STAG INDUSTRIAL ANNOUNCES SECOND QUARTER 2024 RESULTS Boston, MA — July 30, 2024 - STAG Industrial, Inc. (the "Company") (NYSE:STAG), today announced its financial and operating results for the quarter ended June 30, 2024. "STAG has delivered exceptional operating results through the first half of 2024," said Bill Crooker, President and Chief Executive Officer of the Company. "We will leverage these successful operating results along with our liquidity to drive further growth this year and next." Second Q ...

BOSTON, July 30, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG), today announced its financial and operating results for the quarter ended June 30, 2024."STAG has delivered exceptional operating results through the first half of 2024," said Bill Crooker, President and Chief Executive Officer of the Company. "We will leverage these successful operating results along with our liquidity to drive further growth this year and next."Second Quarter 2024 HighlightsReported $0.33 of net incom ...

BOSTON, July 10, 2024 /PRNewswire/ -- The Board of Directors of STAG Industrial, Inc. (the "Company") (NYSE:STAG) maintained the monthly common stock dividend at $0.123333 per share and declared the following third quarter common stock dividends:THIRD QUARTER 2024 COMMON STOCK DIVIDENDS DECLAREDMonth Record Date Payment Date Dividend Per Share July 2024 July 31, 2024 August 15, 2024 $0.123333 August 2024 August 30, 2024 September 16, 2024 $0.123333 September 2024 September 30, 2024 October 15, 2024 $0.12333 ...

Abdullah Durmaz With e-Commerce sales booming and the share of e-Commerce retail sales growing, REITs focused on this specific sector have attractive long term growth potential. One REIT that is worth paying attention to is STAG Industrial (NYSE:STAG) as it is heavily benefiting from the e-Commerce revolution. Besides the e-Commerce focused real estate footprint, STAG is expanding its portfolio through acquisitions, which is reflected in growing FFO and dividend payments. I believe that the risk profile ...

BOSTON, July 1, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that the Company will release its second quarter 2024 operating and financial results after market close on Tuesday, July 30, 2024. The Company will host its quarterly earnings conference call on Wednesday, July 31, 2024, at 10:00 a.m. Eastern Time.The call can be accessed live over the phone toll-free by dialing (877) 407-4018, or for international callers, (201) 689-8471. A replay will be available short ...

BOSTON, June 28, 2024 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) announced today the appointment of Vicki Lundy Wilbon to its Board of Directors effective as of July 1, 2024.Since 1995, Ms. Wilbon has worked at The Integral Group LLC, a real estate firm focused on master planned, mixed-use, transit-oriented, multi-family, and senior housing development to revitalize urban areas.  She has served as Executive Vice President since 2016 and a Principal of Integral since 2003.  In these ro ...

filo STAG Industrial (NYSE:STAG) is seeing undeserved stock price weakness as of late, which makes the industrial real estate investment trust compelling as a long-term anchor investment in a passive income portfolio, in my view. STAG Industrial comfortably covers its dividend with funds from operations, has a very low FFO-based pay-out ratio and is growing its dividend each year. I think that STAG Industrial, taking into account its relatively small size, has considerable potential for growth in the in ...