olivLaw · US equity research
STAG Industrial, Inc. STAG
Real Estate Investment Trusts · SIC 6798 · Vertical: Real Estate Investment Trusts (SIC 6798)
STAG Industrial is a REIT that owns and operates industrial buildings across the United States, with an almost fully leased portfolio. In the second quarter of 2026 the company reported higher occupancy and rents against a stabilising industrial market, with a balance sheet it describes as fortified. More than 96 percent of its space was leased at the end of 2025.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, STAG Industrial, Inc. (STAG) stock was 37.85 USD (+1.26% on the day), with market capitalisation 7.3 bn USD, P/E 27.1, dividend yield 4.07%, beta 0.59, 52-week range 35.28–42.04 USD. Latest reported quarter (Q3 2026): revenue of 231.0 m USD (+9.4% YoY), net income of 70.7 m USD (+45.4% YoY).
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 63.8
- strong (55–70)
- Bollinger (20, 2)
- 35.29 – 37.67
- above the upper band · %B 1.08 · band width 6.5%
- SMA 50 / 200
- 36.77 / 37.88
- mixed trend
- MACD (12, 26, 9)
- 0.22 / 0.01
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +5.0% | −1.1% | +6.1 pp | — |
| 3 months | +1.6% | −0.5% | +2.0 pp | — |
| 6 months | −1.8% | +4.4% | −6.2 pp | — |
| Year to date | +3.0% | +12.3% | −9.4 pp | — |
| 1 year | −1.8% | +13.5% | −15.4 pp | +10.5% |
| 3 years | +7.0% | +76.4% | −69.4 pp | +19.9% |
| 5 years | −10.6% | +63.7% | −74.3 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 199.3 m | 205.6 m | 207.6 m | 211.1 m | 220.9 m | 224.2 m | 224.4 m | 231.0 m |
| Depreciation & amortisation | 73.9 m | 73.9 m | 74.5 m | 76.0 m | 77.5 m | 78.6 m | 82.2 m | 80.5 m |
| Interest expense | 31.7 m | 32.5 m | 33.6 m | 31.7 m | 34.3 m | 35.9 m | 37.5 m | 39.1 m |
| Net income | 51.0 m | 91.4 m | 50.0 m | 48.6 m | 83.5 m | 62.0 m | 52.9 m | 70.7 m |
| Operating cash flow | 104.9 m | 103.5 m | 111.9 m ≈ | 143.5 m ≈ | 104.5 m | 117.4 m | 110.9 m ≈ | 147.5 m ≈ |
| Dividends paid | 68.8 m | 71.0 m | 71.0 m ≈ | 71.0 m ≈ | 71.0 m | 24.3 m | 75.8 m ≈ | 76.3 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
EPS unavailable in the issuer's structured filings (e.g. a partnership reports per unit, not per share).
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 351.0 m | 406.0 m | 483.4 m | 562.2 m | 657.3 m | 707.8 m | 767.4 m | 845.2 m |
| Revenue YoY | +16.6% | +15.7% | +19.1% | +16.3% | +16.9% | +7.7% | +8.4% | +10.1% |
| Net income | 92.9 m | 49.3 m | 202.1 m | 192.3 m | 178.3 m | 192.8 m | 189.2 m | 273.5 m |
| Net income YoY | +197.3% | −47.0% | +310.2% | −4.9% | −7.3% | +8.1% | −1.9% | +44.6% |
| Diluted EPS | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| net % | 26.5% | 12.1% | 41.8% | 34.2% | 27.1% | 27.2% | 24.7% | 32.4% |
| Free cash flow | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
Reported results vs expectations
Loading…
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 14.9 m USD
- Financial debt
- 3.3 bn USD
- Net debt
- 3.3 bn USD
- Equity
- 3.7 bn USD
- Total assets
- 7.2 bn USD
- Debt / equity
- 0.89x
- Current ratio
- unavailable
- ROE
- 7.6%
- ROA
- 3.9%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 483.4 m | 562.2 m | 657.3 m | 707.8 m | 767.4 m | 845.2 m | SEC (XBRL)· 11 Feb 2026verified |
| Depreciation & amortisation | 214.7 m | 238.7 m | 275.0 m | 278.4 m | 293.1 m | 301.8 m | SEC (XBRL)· 11 Feb 2026verified |
| Interest expense | 62.3 m | 63.5 m | 78.0 m | 94.6 m | 113.2 m | 132.2 m | SEC (XBRL)· 11 Feb 2026verified |
| Net income | 202.1 m | 192.3 m | 178.3 m | 192.8 m | 189.2 m | 273.5 m | SEC (XBRL)· 11 Feb 2026verified |
| Weighted average diluted shares | 149.2 m | 164.1 m | 178.9 m | 180.6 m | 182.4 m | 187.2 m | SEC (XBRL)· 11 Feb 2026verified |
| Dividend per share | 1.44 | 1.45 | — | 1.47 | 1.48 | 1.49 | SEC (XBRL)· 11 Feb 2026verified |
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 15.7 m | 19.0 m | 25.9 m | 20.7 m | 36.3 m | 14.9 m | SEC (XBRL)· 11 Feb 2026verified |
| Goodwill | 4.9 m | 4.9 m | 4.9 m | — | — | — | SEC (XBRL)· 15 Feb 2023verified |
| Intangibles (excl. goodwill) | 499.8 m | 567.7 m | 508.9 m | 435.7 m | 428.9 m | 395.0 m | SEC (XBRL)· 11 Feb 2026verified |
| Total assets | 4.7 bn | 5.8 bn | 6.2 bn | 6.3 bn | 6.8 bn | 7.2 bn | SEC (XBRL)· 11 Feb 2026verified |
| Long-term debt | 1.7 bn | 2.2 bn | 2.5 bn | 2.6 bn | 3.0 bn | 3.3 bn | SEC (XBRL)· 28 Apr 2026verified |
| Total liabilities | 1.9 bn | 2.4 bn | 2.7 bn | 2.8 bn | 3.3 bn | 3.5 bn | SEC (XBRL)· 11 Feb 2026verified |
| Equity | 2.8 bn | 3.4 bn | 3.5 bn | 3.4 bn | 3.5 bn | 3.7 bn | SEC (XBRL)· 11 Feb 2026verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 293.9 m | 336.2 m | 387.9 m | 391.1 m | 460.3 m | 463.4 m | SEC (XBRL)· 11 Feb 2026verified |
| Investing cash flow | -554.6 m | -1.2 bn | -447.5 m | -320.3 m | -731.1 m | -497.3 m | SEC (XBRL)· 11 Feb 2026verified |
| Financing cash flow | 269.2 m | 887.1 m | 63.2 m | -75.7 m | 286.3 m | 97.4 m | SEC (XBRL)· 11 Feb 2026verified |
| Dividends paid | 224.3 m | 245.7 m | 266.8 m | 267.6 m | 274.9 m | 284.0 m | SEC (XBRL)· 11 Feb 2026verified |
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Market and valuation
9 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 5 of at least 6
- score weight coverage: 58.7% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 7.3 bn USD
Key indicators
Coverage and freshness
Score by group
59% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 19.58 – 54.75 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- Net asset value (NAV)unavailable · input data missing
- Dividend discount (DDM)19.58 – 26.33 (Mid 22.46)
- Peers: P/B20.53 – 54.75 (Mid 34.00)31 companies used · median multiple 1.8x · quartiles 1.1x – 2.9xAKR, ALX, BRX, CHCT, COLD, DLR, DOC, EPR, ESS, EXR, FPI, FRT, GNL, HST, IRT, JBGS, KIM, LXP, NHI, O, PLD, PSA, RLJ, SELF, SITC, SLG, UDR, VICI, VMRK, VTR, WELL
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 5 of at least 6; score weight coverage: 58.7% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROE · Quality | 7.6% | 49 (vs peers) | 11% |
| EBITDA margin · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | 8.7% | 87 (on a fixed band) | 15% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| P/B · Valuation | 2.0x | 50 (vs peers) | 33% |
| P/E (TTM) · Valuation | 27.1x | 68 (vs peers) | 15% |
| Dividend yield · Returns | 4.1% | 41 (vs peers) | 26% |
| Payout ratio (EPS) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partialunavailable · 0/2 factors with a value
- Growth87/100 · 1/1 factors with a value
- Quality· partial49/100 · 1/2 factors with a value
- Returns· partial41/100 · 1/2 factors with a value
- Valuation55/100 · 2/2 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
STAG Industrial, Inc. (STAG). Latest full fiscal year: 2025; data up to 2026-09-30.
Figures computed from the financial statements: revenue 845.2 m USD in 2025; YoY growth 10.1%; net margin 29.9%; ROE 7.6%.
The estimated value range is 20.06–40.54 USD per share (median of 2 methods, agreement: high); assumptions are illustrative. Against the central value of 28.23 USD, the price of 37.85 USD leaves a potential of -25.4% (value / price − 1) and a margin of safety of -34.1% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (indicators available: 5 of at least 6; score weight coverage: 58.7% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Revenue CAGR 3Y: 8.7%
What contradicts it
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
Not assessed (insufficient data or a ratio without meaning): EBITDA margin, Net debt / EBITDA, Interest coverage, Payout ratio (EPS).
Versus the vertical median
Real Estate Investment Trusts (SIC 6798) · same industry (4-digit SIC) · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| WELLWelltower Inc. | 181.9 bn | 106.2 | 4.0% | 12.7% | +35.6% | +19% / +178% |
| PLDPrologis, Inc. | 122.5 bn | 33.1 | 7.1% | 42.5% | +7.2% | +2% / +14% |
| EQIXEquinix Inc | 104.3 bn | 63.3 | 11.5% | 16.4% | +5.4% | +40% / +29% |
| AMTAmerican Tower Corporation | 90.4 bn | 27.3 | 90.6% | 30.7% | +5.1% | +7% / −7% |
| DLRDigital Realty Trust, Inc. | 65.0 bn | 48.3 | 6.2% | 21.7% | +10.0% | +15% / +33% |
| PSAPublic Storage | 64.0 bn | 34.9 | 16.0% | 37.8% | +2.7% | +25% / +32% |
| ORealty Income Corporation | 56.3 bn | 40.8 | 3.6% | 22.9% | +9.1% | +3% / +10% |
| VTRVentas, Inc. | 47.2 bn | 167.8 | 1.9% | 4.0% | +18.5% | +11% / +95% |
| CCICrown Castle Inc. | 39.2 bn | 48.6 | — | 20.1% | −4.4% | +1% / −21% |
| IRMIron Mountain Inc | 35.3 bn | 84.0 | — | 5.7% | +12.2% | +37% / +85% |
| EXRExtra Space Storage Inc. | 33.6 bn | 32.7 | 7.9% | 29.9% | +3.7% | +21% / +24% |
| VICIVICI Properties Inc. | 27.8 bn | 11.6 | 8.3% | 56.5% | +4.1% | −12% / −16% |
| VMRKVivmark Residential | 23.9 bn | 27.9 | 8.1% | — | +4.8% | +3% / +12% |
| SBACSba Communications Corporation | 20.7 bn | 21.1 | — | 34.5% | +5.1% | +1% / −21% |
| HSTHost Hotels & Resorts, Inc. | 17.9 bn | 17.5 | 15.8% | 16.5% | +7.6% | +48% / +49% |
| ESSEssex Property Trust, Inc. | 17.5 bn | 41.7 | 8.0% | 22.7% | +6.4% | +3% / +27% |
| KIMKimco Realty Corporation | 17.4 bn | 28.6 | 5.8% | 27.8% | +5.1% | +25% / +34% |
| DOCHealthpeak Properties, Inc. | 13.9 bn | 37.1 | 4.9% | 12.3% | +4.5% | +10% / +16% |
| UDRUDR, Inc. | 11.8 bn | 17.5 | 21.8% | 40.8% | +2.4% | +2% / +11% |
| FRTFederal Realty Investment Trust | 9.9 bn | 19.9 | 15.6% | 38.6% | +6.4% | +16% / +20% |
| RHPRyman Hospitality Properties, Inc. | 9.4 bn | 33.1 | 26.0% | 9.9% | +10.2% | +43% / +36% |
| BRXBrixmor Property Group Inc. | 9.3 bn | 22.0 | 14.2% | 30.0% | +6.7% | +16% / +40% |
| STAGSTAG Industrial, Inc. | 7.3 bn | 27.1 | 7.6% | 29.9% | +10.1% | −2% / +7% |
| EPREpr Properties | 4.7 bn | 16.8 | 12.7% | 38.8% | +2.9% | +16% / +36% |
| COLDAmericold Realty Trust, Inc. | 4.3 bn | — | -16.5% | -17.4% | −2.4% | +40% / −46% |
1- and 3-year price returns: for STAG from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 23.33 Total return -38% · Per year -38% | 41.16 Total return 9% · Per year 9% | 61.88 Total return 64% · Per year 64% |
| 3 years | 24.61 Total return -35% · Per year -13% | 48.67 Total return 29% · Per year 9% | 80.06 Total return 112% · Per year 28% |
| 5 years | 25.96 Total return -31% · Per year -7% | 57.54 Total return 52% · Per year 9% | 103.57 Total return 174% · Per year 22% |
- Exit P/E± 12.17
- Net margin± 8.52
- Annual revenue growth± 6.72
- Annual dilution± 0.72
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 28 Jul 2026; since then the company filed 8-K (27 Oct 2026 · results), 10-Q (27 Oct 2026).
In brief
STAG Industrial is a REIT that owns and operates industrial buildings across the United States, with an almost fully leased portfolio. In the second quarter of 2026 the company reported higher occupancy and rents against a stabilising industrial market, with a balance sheet it describes as fortified. More than 96 percent of its space was leased at the end of 2025 13.
SWOT
Strengths
- A portfolio diversified across geography, tenant industries and lease terms, with high occupancy and solid rent growth on new leases 13.
- A granular acquisition strategy that selects individual assets in Tier 1 markets, supported by a fully integrated acquisition, leasing and operations platform described by management 1.
- Access to financing and liquidity that management describes as strong, including the refinancing of a major term loan with a later maturity after the first half of 2026 3.
Weaknesses
- Exclusive focus on industrial property makes the company more exposed to a downturn specific to that sector 1.
- A share of leases expires in the near term, exposing the company to vacancy or renewal at weaker terms if the market cools 1.
- Leverage, measured as net debt to annualised adjusted EBITDAre, remains elevated and could limit financial flexibility if results weaken 3.
Opportunities
- A faster acquisition pace could expand the portfolio if prices and financing terms become favourable, given a sizeable existing pipeline 3.
- Reshoring of production and regionalisation of supply chains could create new demand for industrial space in markets where the company operates 1.
- Build-to-suit development and new leasing in projects under way could add revenue if current demand conditions hold 3.
Threats
- Trade tariffs and retaliatory measures could reduce tenant activity and slow demand for industrial space 1.
- High interest rates or a credit squeeze could reduce property values and access to capital on favourable terms 1.
- Strong competition from investors with greater resources could push up acquisition prices and pressure rents 1.
Risks
- Lease expirationsmedium
A significant share of revenue comes from leases expiring within the next two years, and renewal or re-leasing at favourable rents is not assured 1. If the market cools, revenue could decline 1.
- Trade uncertaintyhigh
Tariffs and trade measures can reduce tenant competitiveness and affect the company's revenue directly if tensions persist 1.
- Cost of financingmedium
Higher interest rates can raise the cost of debt and reduce property values, affecting the ability to fund acquisitions 13.
- Concentration in industrial propertymedium
Activity concentrated exclusively in industrial properties exposes the company to sector-specific risks, particularly in markets with geographic concentration 1.
- Environmental and compliance risklow
Properties may carry contamination or hazardous materials, and clean-up or compliance costs could affect funds available for distributions 1.
Investment thesis
What would need to be true (bull case)
- Rent increases on new leases, high occupancy and rising Core FFO per share suggest the business model can generate steady revenue if industrial demand stays firm 13.
- The capital structure has been described as fortified, with fixed-rate refinancing and high liquidity, which could support prudent expansion 3.
- The existing acquisition pipeline and development projects could extend the revenue base if market conditions become more favourable 3.
What would break the thesis
- Rent growth could slow if the industrial market keeps moderating and vacancy rises in certain markets 1.
- Exposure to tariffs and an economic slowdown could weigh on tenants and portfolio returns, especially if uncertainty persists 1.
- Leverage and financing costs could limit acquisitions and distributions if results deteriorate 3.
What to watch
- Occupancy and retention trends in the Operating PortfolioQ3 2026
- Pace of acquisitions and capitalisation rates on new assets2026
- Rent change on new and renewal leasesQ3 2026
- Effects of tariffs and credit conditions on tenantsnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 28 Jul 2026; since then the company filed 8-K (27 Oct 2026 · results), 10-Q (27 Oct 2026).
The business
STAG Industrial, Inc., listed on the NYSE under the symbol STAG, focuses on acquiring, owning, developing and operating industrial properties in the United States and conducts its operations through an operating partnership it controls 1. As of December 31, 2025 it owned 601 buildings in 41 states, with approximately 120.0 million rentable square feet, and 96.4% of its buildings were leased 1. Its strategy relies on acquiring assets individually or in small portfolios across CBRE-EA Tier 1 markets to gain geographic and tenant diversification 1.
Segments
Single segment: industrial properties
The company reports one operating and reporting segment, industrial property rental, without splitting out property types in its segment reporting 1. All buildings in the portfolio at December 31, 2025 were industrial properties 1.
Operating Portfolio and development projects
The Operating Portfolio, which excludes Value Add, non-core flex and office buildings, was approximately 97.2% leased at the end of 2025 1. By the second quarter of 2026 the Operating Portfolio occupancy had reached 95.5%, and the company had development projects including a build-to-suit in Dallas 3.
Market context
The industrial market is moderating from recent peaks, with vacancy and availability rates near historical norms in many markets, while new supply remains active but is more concentrated in build-to-suit projects 1. Management points to demand from e-commerce, nearshoring and supply chain regionalisation and to U.S. infrastructure, but notes that acquisition activity has slowed since 2022 1. Tighter credit and economic uncertainty could affect rents and transaction pace 1.
Trends
- Rent growth on new and renewal leasestailwind
Rents on new and renewal leases rose sharply in 2025 and the first half of 2026, with straight-line rent change of 38.2% in 2025 and 33.7% in the second quarter of 2026 13. If this dynamic persists it could support same-space revenue over the medium term 1. The trend still depends on demand, which shows signs of moderating 1.
- E-commerce and reshoring of productiontailwind
Management cites the growth of e-commerce, the preference for regional supply chains and policies promoting domestic manufacturing as factors that could support long-term demand for industrial space 1. Their exact effect on rents remains uncertain 1.
- Tariffs and trade uncertaintyheadwind
New tariffs imposed in 2025 and possible retaliatory measures could reduce the competitiveness of tenants that depend on imports and weigh on demand for space if uncertainty persists 1. The company warns these measures could raise costs for tenants and for development projects 1.
- Interest rates and cost of financingmixed
Higher interest rates and financing costs can affect property valuations and the ability to raise capital on favourable terms 1. In July 2026 the company refinanced a $350 million term loan at a fixed rate of 3.53% until March 2027, which shows a mixed effect of market conditions 3. Exposure to floating rates has been described as minimal 1.
Competitive position
STAG competes with other owners, operators and developers of real estate, national, regional or local, public or private, both for acquisitions and for tenants 1. Competitors may have different costs of capital and return requirements, and competition for deals has intensified as real estate becomes more attractive relative to other investments 1.
- Other public REITs with industrial portfolios
They compete for industrial acquisitions and may have greater financial resources or easier access to borrowing, according to the risks the company describes 1.
- Private real estate equity funds
Named as participants in the acquisition market, with large capital and a willingness to accept greater risk or lower returns 1.
- Institutional investors and investment funds
They compete for transactions and can offer more attractive terms to prospective tenants, per the company's description of competition 1.
- Local owners and managers of industrial space
They compete directly for tenants in the markets and submarkets where the company owns buildings, mainly on rental rates and lease incentives 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- Leonardo DRS STAG-5 EO/IR Gimbal with Laser Target Designator supports precision fires demonstration during Iron Sting eventEuropean Defence Review · 15 Oct 2026 · RO
- Where You Hold SPYI and STAG Matters More Than You Think: The Taxable vs. IRA MathYahoo Finance — News · 06 Sept 2026 · EN
- Here Are Monday’s Top Wall Street Analyst Research Calls: AGCO Corporation, Deere & Co., Edison International, Lumentum Holdings, PG&E, Sempra Energy, STAG Industrial, Ticketplus, and MoreYahoo Finance — News · 31 Aug 2026 · EN
The latest news item in our archive is from 15 Oct 2026; the newest SEC filing is from 29 Oct 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report29 Oct 2026Material agreement · Creation of a direct financial obligation · Financial statements and exhibits
- Quarterly report27 Oct 2026
- Current report27 Oct 2026Results of operations · Financial statements and exhibits
- Quarterly report28 Jul 2026
- Current report28 Jul 2026Results of operations · Financial statements and exhibits
- Current report22 Jul 2026Material agreement · Creation of a direct financial obligation · Financial statements and exhibits
- Current report29 Apr 2026Shareholder vote
- Quarterly report28 Apr 2026
- Current report28 Apr 2026Results of operations · Financial statements and exhibits
- Proxy statement18 Mar 2026
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / STAG Industrial, Inc. · 11 Feb 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / STAG Industrial, Inc. · 28 Jul 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / STAG Industrial, Inc. · 28 Jul 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.