NYSE$STAG

STAG Industrial Inc. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

STAG Industrial's financial results for Q1 2022 were announced, revealing an increase in net income, core FFO, and cash NOI compared to the same period last year.

STAG Industrial reported a strong first quarter in 2022, with significant increases in net income, Core FFO per diluted share, and Cash NOI. The company acquired eight buildings and sold one building and one land parcel during the quarter.

  • Net income per basic and diluted common share increased to $0.30, compared to $0.13 in Q1 2021.
  • Core FFO per diluted share rose by 8.2% to $0.53, compared to $0.49 in Q1 2021.
  • Cash NOI increased by 18.6% to $122.9 million, compared to $103.7 million in Q1 2021.
  • The company acquired eight buildings for $166.4 million and sold one building and one land parcel for $36.1 million.

Headline financials

Total Revenue

$159M

Previous: $134M+18.8%
EPS (adj)

$0.53

Previous: $0.49+8.2%
Occupancy Rate (Total Portfolio)

96.9%

Previous: 97.0%-0.1%
Capital Expenditures

-$162M

Previous: -$92.2M-75.3%
Free Cash Flow

-$109M

Previous: -$67.4M-61.6%
Net Income

$52.8M

Previous: $24.9M+112.4%
Operating Income

$71.2M

Previous: $41.4M+72.2%
Gross Profit

$127M

Previous: $107M+19.1%
Cash & Equivalents

$34.8M

Previous: $18.6M+87.5%
Total Assets

$5.98B

Previous: $4.73B+26.4%

Revenue & EPS history

STAG · Revenue · Quarterly

$159M

Q1 2022+18.8%vs Q1 2021
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

No forward guidance was provided in the press release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.4%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+0.5%

Avg return

30 days after

61%

36 / 59 earnings

Positive

+6.9%

Q4 2015

Best reaction

-6.4%

Q2 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.7%-4.6%-4.3%
Q4 2025-5.0%-2.2%-3.1%
Q3 2025+2.3%+2.4%+4.4%
Q1 2025+0.6%+2.6%+8.3%
Q4 2024+0.9%-0.1%+1.2%
Q3 2024+0.9%-1.6%-0.4%
Q2 2024+1.0%-0.2%-0.8%
Q1 2024+0.5%+1.6%-0.0%
Q4 2023+2.0%+4.3%-0.5%
Q3 2023+1.7%+4.8%+13.4%
Q2 2023-3.0%-5.2%-5.0%
Q1 2023+1.0%+0.1%+2.0%
Q4 2022-1.2%-0.2%-10.2%
Q3 2022+5.2%+5.7%+8.7%
Q2 2022+1.5%+3.5%+1.3%
Q1 2022+1.7%-4.5%-7.6%
Q4 2021-1.5%-2.3%+3.1%
Q3 2021-0.3%-0.8%-2.0%
Q2 2021+2.8%+3.6%+3.2%
Q1 2021-4.3%-0.5%+1.2%
Q4 2020-0.4%+1.5%+4.4%
Q3 2020-1.1%-1.4%-7.6%
Q2 2020+4.0%+3.5%+4.3%
Q1 2020-6.2%-6.6%-0.3%
Q4 2019-1.3%-0.5%-26.9%
Q3 2019+0.3%-0.3%+0.1%
Q2 2019-2.0%-4.1%-3.9%
Q1 2019+2.8%+3.5%+1.8%
Q4 2018+0.2%+1.3%+0.6%
Q3 2018-2.1%-0.9%+1.2%
Q2 2018+3.4%+4.7%+6.9%
Q1 2018+2.8%+3.7%+8.4%
Q4 2017+4.4%+2.4%+3.6%
Q3 2017+3.5%+2.9%+1.3%
Q2 2017-0.0%+1.4%+2.6%
Q1 2017-2.3%-1.7%+2.6%
Q4 2016+1.2%+4.1%+3.8%
Q3 2016-0.8%+2.9%+5.8%
Q2 2016-2.6%-2.8%-2.6%
Q1 2016+0.9%
Q4 2015+6.9%
Q3 2015+2.4%
Q2 2015-6.4%
Q1 2015-1.1%
Q4 2014-1.6%
Q3 2014+2.3%
Q2 2014+1.3%
Q1 2014+0.5%
Q4 2013+0.3%
Q3 2013+0.5%
Q2 2013+0.2%
Q1 2013+0.7%
Q4 2012-0.5%
Q3 2012-0.2%
Q2 2012+0.1%
Q1 2012+2.2%
Q4 2011-0.7%
Q3 2011+2.5%
Q2 2011+5.0%
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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